TCF Financial reported net income of $35.1 million for Q4/13, compared with net income of $23.6 million for Q4/12. Its leasing and equipment finance revenue was $23.6 million in Q4/13, down from $26.1 million in Q4/12. read more

JAN 30, 2014 - 7:02 am

EverBank said its adjusted net income was $32 million for Q4/13, compared $44 million for Q4/12. Q4/13 commercial origination volume of $701 million was an increase of 99% compared to the prior quarter. read more

JAN 30, 2014 - 7:00 am

CIT reported net income of $130 million for Q4/13, compared to net income of $207 million for Q4/12. Net income for the year ended December 31, 2013 was $676 million, compared to a net loss of $592 million for the year ended December 31, 2012. read more

JAN 28, 2014 - 7:14 am

Caterpillar said sales and revenues for full-year 2013 were $55.656 billion, down 16% from $65.875 billion in 2012. The decline in sales and revenues was primarily driven by a sharp drop in sales of new machines for mining. read more

JAN 28, 2014 - 7:08 am

Ascentium Capital announced a 47% increase in volume in 2013 and strategic initiatives planned for 2014 as it deepens and expands its business partnerships. read more

JAN 28, 2014 - 7:06 am

OnDeck said it exited 2013 with record annual revenue growth of 150%. The company's loan volume since its inception now surpasses $825 million. read more

JAN 28, 2014 - 7:00 am

Cat Financial reported revenues of $2.78 billion for 2013, an increase of $90 million, or 3%, compared with 2012. New retail financing for 2013 was $13.08 billion, a decrease of $877 million, or 6%, from 2012. read more

JAN 27, 2014 - 7:14 am

GATX reported Q4/13 and full-year net income was up 79% and 23%, respectively compared to the same periods in 2012. The company said, “During 2013, we capitalized on historically high lease rates for very long terms.” read more

JAN 27, 2014 - 7:06 am

Fifth Third reported record full-year 2013 net income of $1.8 billion, up 16% from net income of $1.6 billion in 2012. The bank noted that nonperforming assets were down 24% and “were at lowest levels since 2006.” read more

JAN 27, 2014 - 7:04 am

CapitalSource announced that its Bank segment Equipment Finance YE net book portfolio of $771.9 billion was up 27% year/year from $609.4 million a year earlier. read more

JAN 24, 2014 - 7:08 am

1st Source reported full-year 2013 earnings were the highest in company history. The bank’s equipment focused specialty lending unit showed across the board growth in all segments, with the exception of light truck and environmental equipment. read more

JAN 24, 2014 - 7:06 am

KeyCorp reported higher Q4/13 and full-year net income driven by a 12% increase in commercial financial and agriculture loans. Key also said “credit quality improved to levels not seen since 2007.” read more

JAN 24, 2014 - 7:00 am

U.S. Bancorp reported record full year 2013 earnings of $5.8 billion as declines in core revenue measures were more than offset by a 28.8% drop in credit loss provision charges of $542 million. read more

JAN 23, 2014 - 7:00 am

IBM reported Global Financing segment revenue and gross profit margin in Q4/13 were relatively flat compared to a year earlier. However, the company said financing segment pre-tax income increased to $589 million or 14% from the same quarter in 2012 and noted pre-tax margins improved from 46.9% to 49.6%. read more

JAN 22, 2014 - 4:02 pm

Regions Financial reported full-year 2013 net income of $1.1 billion was 10% higher compared to the previous year. The bank noted overall loan growth was driven by the company’s specialized lending groups and asset-based lending. read more

JAN 22, 2014 - 6:51 am