GE announced its GE Capital Q3/14 segment profit was $1.492 billion, down 22% from $1.903 billion a year earlier. GE noted that its CLL unit segment earnings of $617 million were up 29% from $479 million a year earlier. read more

OCT 17, 2014 - 7:46 am

Fifth Third reported Q3/14 net income of $328 million was down from $421 million a year earlier. The bank noted its Q3 Y/Y net interest margin and average interest-earning asset yield were down 21 BPs and 19 BPs, respectively. read more

OCT 17, 2014 - 7:40 am

PNC Financial reported Q3/14 earnings were essentially flat as revenue of $3.84 billion was down from $3.92 billion a year earlier. The bank noted that its Q3/14 net interest margin was 2.98% compared to 3.47% in Q3/13. read more

OCT 16, 2014 - 7:16 am

MicroFinancial reported Q3/14 net income was $2.9 million, up from $2.6 million a year earlier. Orginations increased by 25.8% to $29.7 million, up from $23.6 million in Q3/13. read more

OCT 16, 2014 - 7:12 am

KeyCorp reported Q3/14 net income of $197 million, down 14% from $229 million a year earlier. The bank noted operating lease income was down $27 million as the prior year included the benefit of an early termination of a leveraged lease. read more

OCT 16, 2014 - 7:02 am

Bank of America reported a Q3/14 net loss of $70 million after deducting dividends on preferred shares. The results included a pretax charge of $5.3 billion for the mortgage-securities settlement. read more

OCT 15, 2014 - 1:51 pm

JPMorgan Chase reported Q3/14 net income of $5.6 billion compared to a net loss of $0.4 billion a year earlier. The firm noted it recorded a legal expense of $1.1 billion in Q3/14 compared to a $9.3 billion charge in the prior year. read more

OCT 15, 2014 - 1:46 pm

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