SunTrust Banks reported net income of $378 million for Q4/14 compared to net income of $413 million the same quarter one year ago. The results include a $145 million legal provision related to legacy mortgage matters. read more

JAN 19, 2015 - 12:34 am

PNC Financial Services reported 2014 net income of $4.2 billion was flat compared with 2013 net income of $4.2 billion. read more

JAN 16, 2015 - 2:20 am

Bank of America reported full year net income was $4.8 billion, down 58% from $11.4 billion a year earlier. The bank noted its litigation expense of $16.4 billion in 2014 was up from $6.1 billion a year earlier. read more

JAN 16, 2015 - 12:13 am

Citigroup reported Q4/14 and FY 2014 net income of $350 million and $7.3 billion, respectively, were down from $2.5 billion and $13.7 billion in the same prior year periods amid legal costs that were substantially higher year/year. read more

JAN 16, 2015 - 12:10 am

Wells Fargo reported record FY 2014 earnings of $23.1 billion, up from $21.9 billion in 2013. The bank noted its lease financing portfolio of $12.3 billion was providing a yield of 5.63%, down 47 bps from 6.10% a year earlier. read more

JAN 14, 2015 - 3:09 am

JPMorgan Chase reported earnings for FY/14 was a record $21.8 billion, compared with $17.9 billion in the prior year. Q4/14 net income of $4.9 million was down from $5.3 million a year earlier with the bank noting a legal charge of $990 million. read more

JAN 14, 2015 - 3:07 am

Deere & Company reported fiscal Q4 and full-year 2014 revenues and net income were down from the same periods in 2013. The company noted in its outlook that sales and earnings will continue to slide in 2015 as a result of weaker conditions in the global farm economy. read more

DEC 2, 2014 - 7:15 am

Deere & Company reported net income attributable to John Deere Capital was $154.2 million in Q4 and $544.2 million for the full-year 2014, up from $132.9 million and $468.5 million in the same periods last year primarily due to growth in the credit portfolio. read more

DEC 1, 2014 - 7:22 am

FLY Leasing announced Q3/15 net income of $15.4 million, up from $0.3 million a year earlier. The aircraft lessor said revenues of $105.5 million, were up 33% from $79.1 million in Q3/13. read more

NOV 17, 2014 - 7:45 am

Element reported new originations of $1.2 billion, together with the acquisition of PHH Arval at the beginning of the period, contributed to a 120% increase in the company’s total earning assets to $8.9 billion at September 30, 2014 versus $4.1 billion at June 30, 2014. read more

NOV 14, 2014 - 7:46 am

Willis Lease Finance reported Q3/14 profit of $1 million compared to a net loss of $2.2 million in Q3/13. read more

NOV 10, 2014 - 7:06 am

NewStar Financial reported Q3 total new funded loan volume was $409 million, up 25% from $326 in the prior quarter and 44% from $284 million in the Q3/13. The company also announced the formation of a strategic relationship with GSO Capital. read more

NOV 6, 2014 - 7:36 am

Medallion Financial noted in its news release on Q3/14 earnings that its net interest margin was the “highest ever” for the company at 7.40% on a combined basis, up from 6.96% a year ago. read more

NOV 6, 2014 - 7:30 am

Pitney Bowes reported its net finance receivables of $1.85 billion at the end of Q3/14 was down 10.5% from $2.07 billion at year-end 2013. The company’s net investment in leverage leases was off from $34.4 million at year-end to $32.5 million at the end of Q3/14. read more

NOV 4, 2014 - 7:06 am

Marlin Business Services reported Q3/YTD earnings of $14.5 million was up 13% compared to $12.8 million for the same period a year earlier. Q3/14 origination volume of $82.5 million was down from $88.9 million sequentially and $86.1 million in Q3/13. read more

OCT 31, 2014 - 7:16 am