KeyCorp said first-quarter net income from continuing operations was $199 million, up from $184 million a year earlier. This release corrects the story posted on April 19. read more

APR 23, 2012 - 8:00 am

According to GE's report on first-quarter results, GE Capital's earnings of $1.79 billion represented over 55% of GE's total earnings of $3.25 billion from continuing operations. read more

APR 20, 2012 - 8:35 am

Fifth Third reported first quarter earnings of $421 million compared to net income of $88 million in the same period last year. The bank noted that results included $115 million in pre-tax gains from the IPO of payment processor Vantiv. read more

APR 20, 2012 - 8:15 am

TCF Financial reported a first quarter 2012 net loss of $282.9 million inclusive of a net, after-tax charge of $295.8 million related to balance sheet repositioning. TCF said the action resulted in TCF's first quarterly loss in 17 years. read more

APR 19, 2012 - 8:20 am

KeyCorp said first-quarter net income from continuing operations was $199 million, up from $184 million a year earlier. Equipment finance unit earnings were off on higher non-interest expense, but portfolio performance improved significantly. read more

APR 19, 2012 - 8:15 am

Bank of America reported first quarter net income of $653, down from $2.0 billion one year ago. Revenues of $22.5 billion were down from $27.1 billion in 2011. The bank said results included a negative valuation adjustment of $4.8 billion. read more

APR 19, 2012 - 8:10 am

PNC Financial reported first-quarter net income of $811 million, compared with net income of $493 million for Q4/11 and $832 million for Q1/11. Loans of approximately $15 billion were added in the RBC Bank (USA) acquisition. read more

APR 18, 2012 - 8:30 am

Textron said that Q1/12 finance segment revenues increased $35 million compared to the first quarter of 2011. read more

APR 18, 2012 - 8:20 am

U.S. Bancorp reported net income of $1,338 million for the first quarter of 2012 with earnings driven by year-over-year growth in total net revenue and a lower provision for credit losses. read more

APR 17, 2012 - 8:48 am

Citigroup reported first-quarter net income of $2.9 billion, or $0.95 per diluted share on revenues of $19.4 billion. Analysts had expected EPS of $1.02 on adjusted earnings. The bank noted, excluding the adjustments, EPS were $1.11. read more

APR 16, 2012 - 8:00 am

Wells Fargo reported record net income of $4.2 billion for the first quarter, up from $3.8 billion in the same period last year. The bank noted that its charge off rate reached its lowest level since 2007. read more

APR 13, 2012 - 8:35 am

Bloomberg noted that JPMorgan Chase reported a 3.1% drop in earnings, a smaller decline than analysts estimated as mortgage revenue surged and trading almost doubled from the fourth quarter. read more

APR 13, 2012 - 8:25 am

Fleet Financing Resources reported its year-end December 2011 results. As compared to the prior year-end 2010, total financed volume increased 10% to $30 million, revenues increased 3% to $2.8 million, and net income decreased 20% to $670,000. read more

MAR 23, 2012 - 8:00 am

De Lage Landen reported that its operating income showed double-digit growth of 11% to $1.83 billion from $1.65 billion in 2010. The company said its total managed credit portfolio grew to $38.1 billion, up from $35.2 billion a year earlier. read more

MAR 20, 2012 - 9:05 am

Aircraft lessor Air Lease posted a fourth quarter profit, reversing a loss of $2.7 million in the same quarter in 2010. The company said its improvement resulted from the expansion of its aircraft fleet. read more

MAR 12, 2012 - 7:50 am