GATX reported its Rail North America segment full-year 2015 segment profit of $380 million was up 18% from $321 million a year earlier. read more
JAN 22, 2016 - 6:51 am
Bank of America reported full-year 2015 net income of $14.4 billion was the “highest annual net income in nearly a decade.” Higher provision charges reflect reserve builds due to energy sector exposure. read more
JAN 20, 2016 - 6:36 am
Wintrust Financial noted in its news release on Q4/15 and full year earnings that its Wintrust Commercial Finance leasing operations grew outstandings by $220 million since its inception in April of 2015. read more
JAN 20, 2016 - 6:12 am
Wells Fargo reported FY 2015 interest income of $577 million on lease financing average balances of $12.30 billion was down from $690 million on average balances of $12.26 billion a year earlier as yields dropped from 5.63% to 4.70% year/year. read more
JAN 18, 2016 - 7:39 am
U.S. Bancorp reported 2015 full year net income of $5,879 million, which was a record compared to $5,851 million a year earlier. The bank noted the continued stability in its net interest margin of 3.06% and 3.05% in Q4/15 and full year, respectively. read more
JAN 18, 2016 - 7:10 am
PNC Financial reported Q4/15 net income was $1.0 billion or $1.87 per share, beating Wall Street expectations of earnings per share of $1.80. read more
JAN 18, 2016 - 7:06 am
PNC Financial reported FY and Q4/15 net income of $4.1 billion and $1.0 billion, respectively was down from $4.2 billion and $1.1 billion for the same periods one-year ago. However, EPS of $1.87 exceeded analysts’ estimates of $1.80. read more
JAN 15, 2016 - 7:41 am
JPMorgan Chase reported full-year net income was a record $24.4 billion on revenue of $96.6 billion. The bank noted reserve increases in the Oil & Gas portfolio of $124 million. read more
JAN 14, 2016 - 7:24 am
Deere & Company said Q4 and full fiscal year sales and earnings were down as a result of weakness in the global markets for farm and construction equipment. Outlook for agriculture in U.S. and Canada to be down 15 to 20% in 2016. read more
NOV 30, 2015 - 8:14 am
NetSol Technologies reported total revenue of $13.3 million at the end of the first fiscal quarter ended September 30, 2015, marking a rise of roughly 30% in revenue compared to the same quarter last year. read more
NOV 13, 2015 - 7:00 am
Fly Leasing announced its financial results for Q3/15 along with a $100 million share repurchase program. read more
NOV 13, 2015 - 6:34 am
Element Financial reported Q3 and year-to-date originations of $1.9 billion and $5.1 billion, respectively were up 60.9% and 68.7% compared to the same periods one-year ago. read more
NOV 11, 2015 - 7:03 am
Air Lease said its Q3/15 earnings of $77.0 million were up 23.4% from $62.4 million a year earlier. Revenues of $313.1 million were up 19.5% compared to Q3/14. Fleet utilization was at 100% at 9/30/15. read more
NOV 6, 2015 - 7:37 am
Air Transport Services reported that during the first nine months of 2015 it purchased three 767-300 aircraft, one more than in 2014. The company plans to acquire one additional 767 for deployment with an existing customer. read more
NOV 6, 2015 - 6:50 am
Chesswood Group announced its results for the three and nine-months ended September 30. Of interest is that the equipment finance businesses Pawnee and Blue Chip registered record originations. read more
NOV 5, 2015 - 7:21 am