Wells Fargo reported Q3/14 net income of $5.7 billion was up from $5.6 billion in Q3/13. The bank noted that its Q3/14 net interest margin of 3.06% was down from 3.15% sequentially and 3.39% in Q3/13. read more
OCT 15, 2014 - 7:31 am
De Lage Landen reported H1/14 net profit of $308 million was up 8.2% compared to H1/13. DLL also noted growth in its leasing portfolio, which was up 4.5% to $42.8 billion. read more
SEP 11, 2014 - 7:16 am
HP reported its financial services revenue was down 3% year/year with a 1% increase in net portfolio assets and a 14% increase in financing volume. read more
AUG 21, 2014 - 7:00 am
Deere & Company reported lower Q3/14 profits on a slowdown in farm machinery sales. Deere noted that its John Deere Capital unit profits were higher primarily as a result of growth in the credit portfolio. read more
AUG 14, 2014 - 7:27 am
Element Financial reported Q2/14 organic originations of $793 million, which were up 23% from $642 million sequentially, contributed to a 7.9% increase in the company’s earning assets to $4.1 billion. read more
AUG 13, 2014 - 7:32 am
AerCap Holdings said its adjusted Q2/14 net income was $212.4 million, up 217% from $67.1 million a year earlier. Lease revenue of $763.3 million was up from $229.8 million or 232% compared to Q2/13. read more
AUG 13, 2014 - 7:30 am
AeroCentury reported a net loss of $3.9 million for Q2/14 compared to net income of $1.3 million for Q2/13. The company noted that it took an impairment charge of $6.8 million for five of its Fokker 100 aircraft. read more
AUG 13, 2014 - 7:26 am
Electro Rent reported fiscal Q4/14 and full fiscal year net income of $4.6 million and $20.4 million, respectively was down from $6.4 million and $22.8 million for the same fiscal 2013 periods. read more
AUG 12, 2014 - 7:14 am
Ritchie Bros. Auctioneers announced Q2/14 net earnings of $38.6 million were up 30% from $29.8 million for the same quarter a year earlier. Ritchie noted Q2 revenues increased 11% to $141.8 million. read more
AUG 11, 2014 - 7:08 am
Air Lease reported Q2/14 revenue and net income of $256.3 million and $62.0 million, respectively up 23% from $207.9 million and 44% from $66.3 million from the same year-ago quarter. read more
AUG 8, 2014 - 7:27 am
Willis Lease Finance reported Q2/14 pretax income of $3.55 million was up 88% from $1.89 million for the same quarter in 2013. The company noted that 2013 earnings were positively impacted by a one-time $8.6 million tax benefit. read more
AUG 7, 2014 - 7:24 am
CNH Industrial reported its Financial Services segment Q2/14 retail loan originations were $2.7 billion, and characterized the year/year comparison as “flat”. read more
AUG 4, 2014 - 7:20 am
Marlin Business Services reported Q2/14 net income of $4.9 million, up 10% from $4.5 million a year earlier. Origination volume of $88.9 million was up 20% compared to Q1/14, but off 3% compared to Q2/13. read more
JUL 30, 2014 - 7:33 am
EverBank Financial reported Q2/14 commercial originations were up 30% year/year driven by 113% growth in equipment financing receivables. read more
JUL 30, 2014 - 7:30 am
PACCAR reported Q2/14 earnings of $319.2 million was up 9% compared to Q2/13. The truck-maker noted, “Truck demand is being driven primarily by the ongoing replacement of the aging truck population, economic growth and some expansion of fleet capacity.” read more
JUL 29, 2014 - 1:59 pm