JPMorgan Chase reported net income for Q1/14 was $5.27 billion, down on 19.3% compared with net income of $6.53 billion in Q1/13. The bank said the decline was driven by lower net revenue and higher provision charges. read more

APR 14, 2014 - 7:17 am

American AgCredit announced 2013 net income of $111 million was up from $107 million a year earlier primarily as a result of loan growth and lower provision charges. The company said loan volume for the year was $6 billion, up 3.9% a year earlier. read more

APR 6, 2014 - 6:59 pm

De Lage Landen reported 2.2% growth in its managed portfolio to reach $43.4 billion and net income of $2.05 billion in 2013, an increase of 6.2% compared to 2012. read more

MAR 27, 2014 - 6:30 am

Independent aircraft leasing company AeroCentury reported a net loss of $1.4 million in Q4/13 compared to net income of $1.8 million for the same quarter in 2012. Full-year earnings of $3.2 million were down from $5.2 million the previous year. read more

MAR 12, 2014 - 7:12 am

Ritchie Bros. Auctioneers reported record Q4/13 net earnings of $33.7 million were up 53% compared to the same quarter in 2012. The company noted Q4/13 revenues grew by 12% to a record $131.2 million. read more

MAR 4, 2014 - 7:06 am

Air Lease reported its financial results for the fourth quarter and fiscal year-end and noted at year end ALC owned 193 aircraft that is being leased to a customer base of 79 airlines in 47 countries. read more

FEB 28, 2014 - 7:10 am

Element Financial reported that all five business verticals delivered record Q4/13 origination volume totaling $1.0 billion contributing to a 30% sequential increase in the company’s net finance receivables of $3.0 billion at year-end. read more

FEB 21, 2014 - 7:25 am

Trinity Industries reported record fourth quarter and full year earnings on record revenues and noted a $2 billion program agreement with Element Financial. read more

FEB 20, 2014 - 7:24 am

Deere & Company reported financial services Q1 net income of $142.2 million was up 7% from $132.9 a year earlier primarily as a result of growth in the credit portfolio. In its outlook, Deere said farm equipment sales in the U.S. and Canada would be down 5% to 10%. read more

FEB 14, 2014 - 6:38 am

NewStar Financial reported that 2013 year-end loans outstanding and new funded volume of $2.37 billion and $1.30 billion, respectively were both up 26% compared to the previous year. read more

FEB 13, 2014 - 7:10 am

Rush Enterprises reported record medium-duty, light-duty and used truck sales in 2013. The largest commercial vehicle dealer in North America said 2013 Class 8 retail sales of 187,610 units were down from 198,715 units in 2012. read more

FEB 13, 2014 - 7:02 am

PHH announced it has retained J.P. Morgan Securities, Centerview Partners and Kirkland & Ellis to assist in exploring ways to maximize shareholder value through the separation or sale of the company’s Fleet business, Mortgage business, or both. read more

FEB 12, 2014 - 7:14 am

Fleet Financing Resources reported a record year with total originated volume at $51 million, up 12% compared to 2012. read more

FEB 12, 2014 - 7:06 am

PACCAR reported that its PACCAR Financial Services unit Q4/13 and full year pretax income was a record $90.4 million and $340.2 million, respectively, compared to $78.7 million and $307.8 million earned in the same 2012 periods. read more

FEB 3, 2014 - 6:34 am

MicroFinancial reported that new contract originations of $90.6 million in 2013 were down from $91.7 million a year earlier as an increase in the number of new contracts originated was more than offset by lower average size transactions. read more

JAN 31, 2014 - 6:36 am