KeyCorp said Q3/15 net income from continuing operations of $216 million was up 10% from $197 million a year earlier. Revenue of $1,068 million was up from $998 million in Q3/14. read more
OCT 15, 2015 - 7:13 am
PNC Financial reported Q3/15 net income of $1.1 billion was up from $1.0 billion a year earlier. EPS of $1.90 easily topped estimates of $1.72. read more
OCT 15, 2015 - 7:09 am
Wells Fargo reported its year-to-date 2015 lease financing interest income of $441 million was down 16% from $526 a year earlier. The related YTD yield of 4.77% was down 96 basis points from 5.73% in 2014. read more
OCT 15, 2015 - 6:51 am
Bank of America reported Q3/15 net income of $4.5 billion compared to a net loss of $232 million a year earlier. The bank noted its litigation costs of $231 million in Q3/15 compared to $6.0 billion in Q3/14. read more
OCT 15, 2015 - 6:06 am
JPMorgan Chase reported Q3/15 net income of $6.8 billion, up 22% compared to $5.6 billion a year earlier. The bank noted a one-time tax benefit of $2.2 billion was included in the results. read more
OCT 14, 2015 - 7:26 am
DLL recorded a net profit of $286 million in the first half of the year, which represents a 13.9% increase compared to the same time last year. The company’s leasing portfolio grew by 4.7% to $39 billion. read more
AUG 25, 2015 - 7:10 am
HP reported Financial Services segment Q3/15 pretax earnings were $87 million, up from $79 million in Q3/14. HP noted Financial Services delivered an operating margin of 10.8%, up 1.6 points from Q3/14. read more
AUG 24, 2015 - 6:42 am
John Deere Capital reported lower Q3 and YTD net income and noted the declines were primarily due to less favorable financing spreads. read more
AUG 24, 2015 - 6:21 am
Element Financial reported Q2/15 originations increased to $1.8 billion, up from $1.5 billion sequentially and $793 million a year earlier. Element noted the U.S. accounted for 74% of Q2 originations. read more
AUG 13, 2015 - 7:29 am
ePlus reported financing segment net sales and earnings in the first fiscal quarter were $8.4 million and $2.0 million, respectively compared to $8.9 million and $3.7 million for the same quarter in 2014. read more
AUG 10, 2015 - 7:05 am
NewStar Financial announced Q2/15 net income of $5.0 million compared to a net loss of $1.9 million in Q2/14. NewStar noted pretax operating income was $8.6 million compared to a loss of $3.1 million in Q2/14. read more
AUG 6, 2015 - 6:33 am
Marlin Business Services hired W. Taylor Kamp as senior vice president and CFO and also released its Q2/15 earnings report, which showed originations increased 5% year over year. read more
AUG 5, 2015 - 7:28 am
EverBank reported at 6/30/15 equipment finance receivables of $2.15 billion were up 36% from $1.58 billion a year earlier. The bank noted
Lender Finance receivables were up 46% year/year. read more
AUG 3, 2015 - 6:51 am
Willis Lease Finance reported following a $3.1 million non-cash write-down related to a part-out of a aircraft engine, its Q2/15 net loss was $0.5 million compared to net income of $2.2 million in Q2/14. read more
AUG 3, 2015 - 6:26 am
Triumph Bancorp reported that its commercial finance portfolio, comprised of equipment and asset-based loans and factoring products, ended Q2/15 at $467.7 million, up 45% from $321.9 million a year earlier. read more
JUL 29, 2015 - 7:26 am