SunTrust reported Q3/13 net income of $179 million compared to $1.07 billion a year earlier when the company reported a $1.9 billion pre-tax gain from the sale of Coca-Cola stock. The bank said earnings were negatively impacted by items relating to the bank’s mortgage lending practices. read more

OCT 18, 2013 - 3:30 pm

Fifth Third reported Q3/13 earnings of $421 million, up from $363 million a year earlier. EPS of $0.47 exceeded estimates of $0.41 per share. The bank noted that NCOs declined below 50 BPS of average loans for the first time in six years. read more

OCT 18, 2013 - 6:25 am

Fleet Financing Resources said year-to-date results through Q3/13 compared to same year earlier period showed its net income up 32%. read more

OCT 18, 2013 - 6:15 am

Huntington Bancshares reported Q3/13 net income of $178 million, up 6% from the same 2012 quarter. Earnings per share of $0.20 exceeded analysts’ estimates of $0.17. read more

OCT 18, 2013 - 6:00 am

Citigroup reported its Citi Holdings assets of $122 billion at the end of Q3/13 declined $49 billion or 29% from Q3/12 and now represents about 6% of total Citigroup assets. read more

OCT 16, 2013 - 6:10 am

Wells Fargo reported record Q3/13 net income of $5.6 billion was up from $4.9 billion in Q3/12 as performance was helped by a 59% improvement in Y/Y credit losses. The bank showed Q3 lease financing income was down primarily as a result of a drop in yield of 131 basis points. read more

OCT 14, 2013 - 6:35 am

JPMorgan Chase reported a net loss of $0.4 billion for the third quarter compared with net income of $5.7 billion in the same year ago quarter. The bank said results included a legal expense of $9.2 billion. read more

OCT 11, 2013 - 6:35 am

Dell announced fiscal 2014 Q2 net income was $204 million, down 72% from a year earlier. The computer maker noted that revenue and operating income from its PC business was off 5% and 71%, respectively. read more

AUG 16, 2013 - 6:30 am

Deere & Company reported its John Deere Capital unit Q3 net income was $124.7 million, up 27% from $98.5 million a year earlier. Deere results were driven primarily due to growth in the credit portfolio. read more

AUG 15, 2013 - 6:25 am

Element Financial reported strong volume growth in Q2/13 across all the company’s business verticals as new originations increased 34% to $398 million versus $296 million in the previous period. read more

AUG 14, 2013 - 6:35 am

ePlus reported that its Financing segment revenues and earnings for fiscal Q1/14 were $10.8 million and $3.8 million, respectively up 28.2% and 38.9% compared to the same quarter one-year ago. read more

AUG 12, 2013 - 5:55 am

Air Lease reported Q2/13 net income was $43.0 million, up 52.6% from $28.2 million in Q2/12. The company noted that revenue of $207.9 million was 31.4% higher compared to the year earlier quarter. read more

AUG 9, 2013 - 6:25 am

Willis Lease Finance reported Q2/13 earnings of $9.7 million was up from $2.4 million a year earlier boosted by a tax recovery of $8.6 million that was booked following a favorable outcome of a recent tax court case. read more

AUG 9, 2013 - 6:05 am

Medallion Financial said its Q2/13 earnings, or net increase in net assets resulting from operations was $6.25 million, up 6% from Q2/12. The company noted its on-balance sheet taxicab medallion loan portfolio was $294 million, up from $278 million a year ago. read more

AUG 6, 2013 - 7:05 am

CNH reported that its CNH Capital North American subsidiary’s Q2/13 net income of $69 million was up 28% from $54 million on a higher average portfolio, stronger margins and lower provision charges. read more

AUG 1, 2013 - 6:05 am