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

Caterpillar reported Q4/14 profit of $757 million was down 25% from the same quarter in 2013. The company lowered its outlook citing declining oil prices as the most significant reason. read more

JAN 28, 2015 - 7:24 am

BB&T reported record Q4/14 earnings of $557 million, up 3.7% from $537 million earned in Q4/13. Susquehanna Bancshares acquisition will expand BB&T’s mid-Atlantic footprint and add $18.6 billion in assets. read more

JAN 27, 2015 - 6:25 am

GE reported its GE Capital Commercial Lending and Leasing unit Q4/14 segment profit of $549 million was more than double CLL’s reported Q4/13 segment profit of $263 million. Overall, GE Capital’s Q4 and full year profit of $1.9 billion and $7.0 billion, respectively, was off 19% and 12% compared to the same 2013 periods. read more

JAN 26, 2015 - 7:26 am

1st Source announced record 2014 net income of $58 million, up from $55 million a year earlier. The bank noted that the annual net income was the highest in company history. read more

JAN 26, 2015 - 7:20 am

Huntington Bancshares reported Q4/14 net income of $163.6 million, up from $158.2 million or 3.4%. Earnings per share of $0.19 matched analysts’ estimates. read more

JAN 26, 2015 - 7:16 am

GATX reported full-year 2014 profit of $205 million was up 21% from the same period a year earlier, primarily driven by the company’s Rail North America segment earnings, which were up 38.6% year-over-year. read more

JAN 23, 2015 - 7:05 am

Signature Bank reported Q4/14 and full-year earnings of $81.4 million and $296.7 million, respectively reached record levels for the seventh consecutive year. read more

JAN 23, 2015 - 7:04 am

KeyCorp reported that its Q4/14 and full-year net income of $246 million and $917 million, respectively, were up 7.4% and 8.3% from the same periods in 2013. EPS of $0.28 beat analysts’ estimates of $0.26 per share. read more

JAN 23, 2015 - 7:02 am

IBM reported that its Global Financing 2014 revenue and pretax income of $4.5 billion and $2.2 billion, respectively, were up 5.1% and 0.8% compared to the same period a year earlier. read more

JAN 22, 2015 - 7:15 am

U.S. Bancorp reported Q4/14 net income of $1.49 million or $.79 EPS beating analysts’ expectations of $0.77 EPS. The bank also said full year net income was a record $5.85 billion. read more

JAN 22, 2015 - 7:14 am

Fifth Third reported Q4/14 earnings were $362 million or $0.43 per diluted share, above analysts’ estimates of $0.42 per share. The bank noted a Q4 decline in average yield on interest-earning assets. read more

JAN 22, 2015 - 7:11 am

M&T Bank said Q4/14 net income of $277.5 million was up 25% compared with $221.4 million in Q4/13. EPS of $1.95 more than met analysts’ forecasts of $1.94 per share. read more

JAN 21, 2015 - 12:15 am

Regions Financial announced Q4 earnings of $195 million or $0.14 per share, down from $219 million a year earlier. Analysts polled by Thompson Reuters expected EPS of $0.21 per share for the quarter. read more

JAN 20, 2015 - 1:07 am