Element Financial reported the company’s earning assets grew substantially during 2014 to $9.7 billion from $3.0 billion a year earlier. New originations for the year of $4.7 billion were up from $2.1 billion in 2013. read more

FEB 26, 2015 - 7:28 am

HP announced its Financial Services unit delivered a 14% increase in financing volume in the fiscal 2015 first quarter and an operating margin of 11.2%. read more

FEB 25, 2015 - 7:12 am

AerCap Holdings reported Q4/14 and full-year 2014 net income of $296.7 million and $855.5 million, respectively, were up from $72.8 million and $291.8 million a year earlier. The increases were driven primarily by the ILFC transaction. read more

FEB 24, 2015 - 7:24 am

Medallion Financial’s portfolio company, Medallion Bank, reported full year 2014 net income of $26.9 million, was up 55% from $17.4 million a year earlier. The company said its net interest margin of 7.49% was its highest ever. read more

FEB 20, 2015 - 7:41 am

Trinity reported record Q4 and FY earnings on higher revenues. The company noted it sold $114.8 million of railcars to Element Financial in Q4 completing the sale of the first $1 billion of leased railcars to Element and anticipates fulfilling the $2 billion alliance in 2015. read more

FEB 19, 2015 - 7:15 am

NewStar Financial reported Q4/14 and full-year net income of $1.2 million and $10.6 million was down from $6.4 million and $24.6 million a year earlier. Earnings were hurt by lower net interest income and higher provision charges. read more

FEB 12, 2015 - 7:14 am

Marlin Business Services reported Q4/14 net income of $4.9 million was up 44% from $3.4 million in Q4/13. Marlin noted Q4 provision charges and staffing costs were down $0.7 million and $1.5 million, respectively from Q4/13. read more

FEB 5, 2015 - 7:34 am

CNH Industrial reported its CNH Industrial Capital retail loan originations in 2014 were $10.8 billion, a decrease of $0.6 billion compared to a year earlier. read more

FEB 2, 2015 - 7:13 am

PACCAR reported record 2014 revenues of $19 billion, up from $17 billion in 2013. The truck maker also said its Financial Services business pretax income was a record $370.4 million. read more

FEB 2, 2015 - 7:12 am

TCF Financial reported Q4/14 net income of $24 million compared with net income of $40 million in Q4/13. EPS of $0.12 was less than analysts’ expectation of an EPS of $0.29 EPS. TCF noted a Q4/14 provision charge of $55.6 million was up from $32.8 million in the year earlier quarter. read more

JAN 30, 2015 - 7:16 am

Boeing reported record Q4/14 revenue of $24.5 billion on higher deliveries. The plane maker noted a record 1,432 orders in 2014 with a backlog of 5,800 airplanes valued at a record $440 billion. read more

JAN 30, 2015 - 7:11 am

Textron reported its Textron Aviation segment full-year profit of $234 million compared to a segment loss of $48 million a year earlier. Full-year revenue of $4.57 billion was up 64% compared to $2.78 billion a year earlier. read more

JAN 29, 2015 - 7:17 am

EverBank said its commercial equipment finance originations in Q4/14 of $358 million were up 38% from $260 million in Q4/13. Equipment Finance receivables at year-end 2014 were up 64% compared to the prior year-end. read more

JAN 28, 2015 - 7:32 am

CIT reported its 2014 funded new business volume of $11.4 billion was up 8.5% from $10.5 billion a year earlier. The increase was primarily the result of a 40% increase in the new business volume from CIT’s Transportation & International Finance segment. read more

JAN 28, 2015 - 7:30 am

Cat Financial reported 2014 retail new business volume was $12.7 billion, down 3% from $13.1 billion a year earlier. The company noted the decrease related to lower volume of mining and Asia, partially offset by increases in North America. read more

JAN 28, 2015 - 7:29 am