NewStar Financial said Q3 new funded loan origination volume of $180 million compared to $205 million sequentially and $190 million one year-ago. The company attributed the lower volume to a slowdown in M&A activity and overall business investment. read more

NOV 8, 2012 - 7:20 am

Element Financial said new originations reached a record high in Q3 and noted that what has yet to be reflected in its results is the added potential that will come from developing vendor programs for major NA equipment manufacturers. read more

NOV 7, 2012 - 7:35 am

ePlus said total revenue and net earnings for the six months ended September 30, 2012 were $504.8 million and $18.1 million, respectively, up 31.9% and 68.1% for the same year-ago period. read more

NOV 7, 2012 - 7:20 am

Medallion Financial announced that third-quarter 2012 earnings of $6.6 million were up $1.8 million or 37% from $4.8 million in the same 2011 third quarter. read more

NOV 7, 2012 - 7:05 am

Willis Lease Finance said that following a $15.4 million charge for debt extinguishment and derivative terminations, it lost $8.0 million in the third quarter compared to earning $1.5 million in the same quarter last year. read more

NOV 6, 2012 - 7:15 am

ILFC reported third quarter 2012 operating income of $39 million, compared to an operating loss of $1.3 billion in the same quarter 2011. The aircraft lessor said impairment charges of $98 million in the quarter compared to $1.5 billion one-year ago. read more

NOV 2, 2012 - 7:20 am

CNH Financial reported Q3 net income of $71 million was up 34% compared to last year’s $53 million. The company said improved results were due to lower provision charges and a higher average portfolio. read more

NOV 1, 2012 - 7:30 am

CapitalSource Bank Q3 net income of $33.9 million was up from $23.1 million sequentially and $25.2 million for the same quarter 2011. New fundings of $623 million were up from $596 million in the prior quarter. read more

OCT 31, 2012 - 7:15 am

Marlin Business Services reported Q3/12 net income of $3.4 million and Q3/12 lease production of $81.6 million based on initial equipment cost, 37% higher than Q3/11. read more

OCT 30, 2012 - 7:35 am

TCF Financial said third-quarter 2012 net income of $9.3 million was down from $32.3 million for the same quarter last year. The bank noted provision charges of $96.3 million were up $44 million from one year ago. read more

OCT 29, 2012 - 7:00 am

PACCAR said its financial services businesses achieved record Q3 and YTD pretax income of $80.4 million and $229.1 million, respectively. The company said profit increased due to portfolio growth and lower provision charges. read more

OCT 26, 2012 - 7:00 am

CIT reported a net loss for Q3/12 of $305 million, compared to a net loss of $32.8 million for Q3/11. The company reported its fourth consecutive quarter of funded new business volume over $2 billion, up 16% from the year-ago quarter. read more

OCT 23, 2012 - 7:35 am

Caterpillar announced Q3/12 sales and revenues of $16.445 billion, a 5% increase from Q3/11. Cat reduced its 2012 profit outlook to be in line with its lower sales and revenues outlook, partially offset by the sale of interest in its third-party logistics business. read more

OCT 23, 2012 - 7:20 am

Cat Financial reported Q3/12 revenues of $678 million, an increase of $10 million, or 1%, compared with Q3/11. Third-quarter 2012 profit after tax was $109 million, a $16 million, or 17%, increase from Q3/11. read more

OCT 22, 2012 - 7:30 am

KeyCorp said its equipment finance unit revenue and net income for the third quarter of 2012 of $57 million and $14 million, respectively was down from $68 million and $19 million for the same quarter in 2011. read more

OCT 18, 2012 - 7:35 am