KeyCorp reported Q2/13 net income of $193 million was down from $217 million one-year ago. Key noted a Y/Y drop in operating lease income and other leasing gains of $39 million primarily due to $31 million in leverage lease gains that were reported in 2012. read more

JUL 19, 2013 - 6:05 am

Fifth Third reported Q2/13 earnings of $594 million were up from $376 million one-year ago. The bank noted Q2 results included the benefit of a $242 million pre-tax gain on the sale of shares of its Vantiv payment processing subsidiary. read more

JUL 19, 2013 - 6:00 am

Textron reported a Q2/13 segment loss at its Cessna unit on lower revenues reflecting the delivery of 20 new Citation jets compared to 49 deliveries in last year’s second quarter. read more

JUL 18, 2013 - 6:10 am

PNC Financial reported Q2/13 net income of $1.1 billion was up from $546 million a year earlier as the prior year period included a substantial charge tied to a provision for residential mortgage repurchase obligations. read more

JUL 18, 2013 - 6:00 am

Bank of America reported second quarter 2013 net income rose 63% to $4.0 billion from $2.5 billion in the same year-ago quarter. The bank said net credit loss rates were below 1% for the first time since second quarter 2006. read more

JUL 17, 2013 - 6:35 am

Citigroup reported net income for Q2/13 of $4.2 billion, or $1.34 per diluted share, on revenues of $20.5 billion. This compared to net income of $2.9 billion, or $0.95 per diluted share, on revenues of $18.4 billion for Q2/12. read more

JUL 15, 2013 - 8:25 am

Wells Fargo reported record net income of $5.5 billion for Q2/13, up from $4.6 billion for Q2/12, and up from $5.2 billion for Q1/13. read more

JUL 15, 2013 - 8:05 am

JPMorgan Chase reported net income of $6.5 billion for Q2/13, compared with net income of $5 billion in Q2/12. read more

JUL 12, 2013 - 7:35 am

Fleet Financing Resources said its total funded volume of $26.5 million for the first six months ending June 30, 2013, was an increase of 26% over prior year results. read more

JUL 10, 2013 - 7:15 am

Dell reported fiscal 2014 first quarter GAAP net income was $130 million, down 79% from $635 million a year earlier. Dell said end user computing revenue was $8.9 billion, a 9% drop from the same quarter a year earlier. read more

MAY 17, 2013 - 6:10 am

Element Financial reported total assets increased to $1.8 billion during Q1/13, up from $1.5 billion and $359 million in Q4/12 and Q1/12, respectively. The company said Q1 origination volume of $296 million was up 27% sequentially. read more

MAY 14, 2013 - 7:35 am

Air Lease reported Q1/13 revenues and net income of $192 million and $40 million, respectively were up 45% and 49% from $133 million and $27 million in the same quarter a year earlier. read more

MAY 13, 2013 - 6:25 am

Willis Lease Finance reported Q1/13 earnings of $1.6 million, down from $2.5 million in the like quarter a year ago. The company said the drop in earnings was primarily due to reduced gains from the sale of leased equipment. read more

MAY 7, 2013 - 6:00 am

PHH said in Q1/13, Fleet Management Services segment profit was $21 million, up $1 million from Q4/12, but down from $3 million for the same quarter one-year ago. read more

MAY 2, 2013 - 7:27 am

CNH Global said its North American financial services subsidiary, CNH Capital Q1/13 net income was $63 million, up 11% from $57 million in Q1/12. CNH said earnings were up due to a higher average portfolio and stronger financial margins. read more

MAY 1, 2013 - 6:15 am