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

PACCAR Financial Services reported Q2/14 pretax income improved to a record $91.7 million, up from $81.5 million a year earlier. PACCAR said Q2 and HI PFS profit increased due to grouth in portfolio balances and a lower provision for credit losses. read more

JUL 29, 2014 - 9:43 am

1st Source noted in its Q2/14 news release on quarterly earnings that its construction equipment, aircraft financing and medium & heavy-duty truck verticals were up a combined 12% from the end of the second quarter in 2013. Chairman warns of pressure on interest margins and credit quality. read more

JUL 29, 2014 - 7:01 am

TCF Financial reported Q2/14 net income of %53.1 million, up 36.5% from net income of $38.9 million in Q2/13. TCF said its Q2/14 net income was the highest level since Q4/07. read more

JUL 28, 2014 - 7:29 am

Cat Financial reported Q2/14 profit after tax was $146 million, a $35 million, or 32%, increase from Q2/13. Cat said retail new business volume in Q2/14 was $3.44 billion, up 2% from Q2/13. read more

JUL 25, 2014 - 7:12 am

Caterpillar reported Q2/14 profit of $999 million, up from $960 million a year earlier. In its outlook, the machinery maker said it was raising its profit outlook to $6.20 per share from $6.10 per share. read more

JUL 25, 2014 - 7:09 am

Boeing reported that its Boeing Capital unit earnings from operation in Q2/14 of $33 million was up 73.7% from $19 million a year earlier. The plane maker noted that Boeing Capital’s net portfolio balance at quarter-end was $3.4 billion, down from $3.5 billion in Q1/14. read more

JUL 25, 2014 - 7:08 am

Regions Financial announced Q2/14 earnings of $292 million were up 12.7% from $259 million in the same quarter in 2013. read more

JUL 23, 2014 - 6:56 am

CIT reported Q2/14 net income of $247 million compared to net income of $184 million for the year-ago quarter. CIT said completion of the student loan portfolio sale generated income of $52 million net of taxes. read more

JUL 22, 2014 - 7:27 am

Signature Bank announced Q2/14 net income reached a record $72.5 million, up from $53.6 million for the same 2013 quarter. Results were primarily due to an increase in net interest income fueled by record deposit growth. read more

JUL 22, 2014 - 7:25 am

Volvo reported that its Volvo Financial Services unit’s new financing volume in Q2/14 was $2.03 billion, up from $1.71 billion or about 18.8% compared to the same period a year ago. read more

JUL 22, 2014 - 7:24 am