Recent Earnings

Wells Fargo Q1/20 Net Income Down 88.9%, Revenue Down 18% Y/Y

Wells Fargo reported Q1/20 net income of $653 million, down 88.9% from net income of $5.9 billion in Q1/19. Revenue of $17.7 billion was down 18% from $21.6 billion year over year. read more

Chesswood Reports Record Originations of $442MM & $1B Portfolio in 2019

Chesswood Group reported its 2019 results, including record-breaking originations of $442 million and a portfolio of $1 billion. read more

OnDeck Q4/19 Net Income Down 44% Y/Y, Revenue Flat

OnDeck reported Q4/19 net income of $9.3 million was down 44% while gross revenue remained flat. Full-year net income and gross revenue showed year-over-year gains of 3.7% and 12%, respectively. read more

Boeing Reports First Loss in Over 20 Years

Boeing reported its first loss in more than 20 years, due to the 737 MAX grounding. Boeing Capital’s full-year 2019 earnings dropped 64.6% year over year. read more

Merchants Financial Group Announces Earnings of $19.76MM for 2019

Merchants Financial Group announced year-end earnings for 2019 with net income of $19.76 million. The earnings exceeded MFGI’s plan for the year by more than $2.6 million and is an increase of 4.7% over 2018 earnings. read more

CIT Group 2019 Net Income Up 18.6%, Revenue Down 3.6% Y/Y

CIT Group reported full-year 2019 net income of $530 million, up 18.6% from $447 million in 2018. 2019 net revenue was $1.848 billion, down 3.6% from $1.917 billion year over year. read more

KeyCorp Q4/19 Net Income Down 4.3%, Loans Up $4.3B Y/Y

Despite reporting a 4.3% decline in net income year over year, KeyCorp had positive momentum in core businesses, including solid growth in loans. read more

GATX 2019 Net Income Holds Steady Despite Railcar Oversupply

GATX reported 2019 Q4/19 net income of $56.6 million compared to net income of $49.2 million in Q4/18. Net income for the full-year 2019 was $211.2 million compared to $211.3 million in the prior year. read more

Signature Bank 2019 Net Income Up 16.5%, Loans Up 7.4% Y/Y

Signature Bank reported 2019 net income was $588.9 million, up 16.5% year over year. Loans increased $2.69 billion, or 7.4%, from year-end 2018. read more

Wintrust Reports Record Net Income of $355.7MM in 2019

Wintrust Financial announced record net income of $355.7 million for the year ended December 31, 2019 compared to net income of $343.2 million for the same period of 2018. read more

People’s United Financial Equipment Finance Portfolio Up $175MM in Q4/19

People's United Financial reported results for Q4/19 and full year 2019. Full-year 2019 net income of $520.4 million was up 11.17% from $468.1 million in 2018. read more

BofA Loan & Lease Balances Up 6% in Q4/19

Bank of America reported average loan and lease balances in its business segments rose $54 billion, or 6%, to $936 billion. Commercial loans were up 6%. read more

Wells Fargo Attributes 2019 Losses of $1.9B to Ongoing Litigation

Wells Fargo reported 2019 net income of $19.55 billion, down from $22.39 billion in 2018. Revenue was $85.1 billion, down from $86.4 billion a year earlier. read more

TD Bank Reports $2.2B in Earnings for Q4/2019

For the fourth quarter of 2019, TD Bank reported earnings of C$2.9 billion ($2.2 billion), down 4% on a reported and down 3% on an adjusted basis, compared with the same quarter last year. read more

SMBC Aviation Reaches $200MM in Pre-Tax Profit in H1/19

SMBC Aviation Capital reported its results for H1/19, which included a strong first half performance driven by increases in lease revenue and trading and a pre-tax profit of $200 million. read more

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