Recent Earnings

U.S. Bancorp Q1 Earnings Hurt by Energy Related Loans

U.S. Bancorp reported Q1/16 earnings of $1.39 billion compared with $1.43 billion a year earlier. The bank noted the decrease was partially due to a 25% increase in loss provisions driven by energy-related commercial loans. read more

Signature Bank Reports Record Q1 Earnings, Cites 30% Y/Y Loan Growth

Signature Bank reported Q1/16 earnings reached a record $104.0 million, up 24.8% from $83.4 million in the year earlier quarter. Signature noted since the end of Q1/15, loans have increased 29.8%, or 5.74 billion. read more

MB Financial Reports 17% Increase in Q1 Leasing Segment Earnings

MB Financial reported Q1/16 net income from its leasing segment, which encompasses three subsidiaries, was up 17% from a year earlier. read more

Wintrust Reports Record Q1 Earnings; Notes Leasing Division Growth

Wintrust Financial reported Q1/16 net income was a record $49.1 million, up 26% from a year earlier. The bank noted an increase non-interest income was partially attributable to growth in the company’s leasing divisions. read more

Wells Fargo Adds $30.8B of Assets from GE Capital Acquisitions

Wells Fargo added $30.8 billion of assets from GE Capital acquisitions in Q1/16 encompassing $4.1 billion from a rail car portfolio and $26.7 billion from C&I loans and leases. read more

Bank of America Q1 Earnings Off 13% from Year-Ago Quarter

Bank of America reported Q1/16 net income of $2.7 billion, down 13% from $3.1 billion a year ago. Total revenue, net of interest expense, was $19.5 billion, down from $20.9 billion in Q1/15. read more

PNC Reports Q1 Hurt by Energy Related Charges

PNC reported Q1/16 net income of $943 million was down from $1.0 billion a year earlier. The bank noted a higher provision for credit losses attributable to “certain energy related loans.” read more

Winmark Reports 38% Q1 Net Leasing Income Drop

Franchisor Winmark reported net leasing income in Q1/16 was $3.6 million, down 38% from $5.8 million in Q1/15. Winmark noted “timing of customer activity in our leasing portfolio created variability in results.” read more

JPMorgan Beats Expectations, But Oil & Gas Charges Hurt Performance

JPMorgan reported Q1/16 net income of $5.5 billion was down 7% from Q1/15 on revenue of $24.1 billion, down from $24.8 billion a year earlier. EPS of $1.35 exceeded analysts’ expectations, but provision charges on Oil and Gas related investments hurt performance. read more

SunTrust: Shifts in Small and Mid-market Growth Strategies

According to the annual SunTrust Banks Business Pulse Survey, there is a significant shift in the growth strategies of middle-market and small businesses as they plan expansion in the next five years. read more

Pawnee Leasing Registers 37% Q4/15 Originations Growth

In its Q4/15 earnings report, the Chesswood Group said that Pawnee Leasing had originations growth of 37% while Blue Chip Leasing recorded a 47% increase. read more

FLY Leasing Full-Year Earnings Hurt by Impairment Charge

FLY Leasing reported full-year net income of $6.6 million, down from $56.1 million a year earlier. FLY noted it took a non-cash aircraft impairment charge of $84.3 million during 2015. read more

Willis Lease Finance 2015 Performance Driven by Higher Utilization

Independent jet engine lessor Willis Lease Finance reported total revenues grew 14.5% to $199.6 million in 2015, fueled by higher portfolio utilization and a growing lease portfolio. read more

Element Registers 47% New Originations Increase in Q4/15

Element Financial reported financial results for the three months and year ending December 31, 2015, which included a 47% increase in new originations during Q4/15. read more

DLL Reports 8.5% Y/Y Portfolio Growth Increase

DLL recorded a net profit of €525 million ($582 million) for full year 2015, representing an increase of 15.6% in performance compared to 2014. read more

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