U.S. Bancorp reported Q2/15 net income of $1,483 million compared with $1,495 million in Q2/14. Earnings per share of $0.80 met the expectations of analysts polled by Thomson Reuters. read more

JUL 16, 2015 - 7:02 am

PNC Financial reported Q2/15 net interest margin was 2.73%, down from 3.12% in Q2/14. The bank noted the decline partially reflected its increasing liquidity position and lower loan yields. read more

JUL 16, 2015 - 6:51 am

Wells Fargo reported Q2/15 earnings of $5.7 billion were about the same as Q2/14 and matched analysts’ expectations. Total sequential loan growth of $27.2 billion included $11.5 billion from a GE Capital loan purchase. read more

JUL 15, 2015 - 6:30 am

JPMorgan Chase reported Q2/15 earnings of $6.3 billion, up from $6 billion in Q2/14 despite a drop in net revenue of $806 million. Earnings per share of 1.54 exceeded analysts’ expectations of $1.44 EPS. read more

JUL 15, 2015 - 6:00 am

The FDIC reported the Q1/15 yield on earning assets and net interest margin for U.S banks with assets greater than $10 billion (94) was 3.12% and 2.83%, respectively, down from 3.32% and 3.00% in Q1/14. read more

MAY 29, 2015 - 7:27 am

Deere & Company reported Q2 fiscal year earnings were down 30% compared to the same period last year. The machinery maker noted a slowdown in the global farm economy led to lower sales and earnings. read more

MAY 26, 2015 - 7:59 am

Willis Lease Finance announced it entered into an engine lease support agreement with Southwest Airlines for 22 CFM56-7B24 spare engines. read more

MAY 18, 2015 - 7:21 am

SNL reported that the banking industry showed Q1/15 growth in loans and profits but a “dismal” net interest margin. read more

MAY 15, 2015 - 7:14 am

Element Financial reported Q1/15 new originations of $1.5 billion, up 36% from $1.1 billion a year earlier. Total earning assets of $10.8 billion was up from $9.7 billion sequentially and $3.8 billion one year ago. read more

MAY 14, 2015 - 7:20 am

Ritchie Bros. Auctioneers reported record Q1/15 net earnings of $23.6 million, up 65% from $14.3 million a year earlier. read more

MAY 8, 2015 - 7:32 am

NewStar Financial reported Q1/15 net income of $2.5 million was down from $6.2 million a year earlier. The company noted net interest income after provision charges of $10.4 million was down from $14.8 million in Q1/14. read more

MAY 7, 2015 - 7:25 am

Deere reported Q1/15 earnings were down 43% from the same quarter last year. The company noted agriculture sales decreased 27% reflecting sluggish conditions in the global farm sector. read more

MAY 6, 2015 - 7:16 am

Marlin Business Services reported Q1/15 lease and loan production was $81.6 million, up from $74.0 million a year earlier. Earnings of $4.1 million were down from $4.6 million in Q1/14 hurt by provision charges that were $1.6 million higher. read more

MAY 1, 2015 - 7:35 am

Bloomberg said that Komatsu reported a 15% decline in Q1/14 profit after slower economic growth in China cooled the construction market and undermined the appetite of mining. read more

MAY 1, 2015 - 7:26 am

CIT Group reported Q1/15 net income was $104 million, down 12% from net income of $117 million in Q1/14. Earnings per diluted share of $0.59 were off from the $0.73 EPS expected by analysts polled by Thomson Reuters. read more

APR 28, 2015 - 7:31 am