Textron reported it liquidated $386 million from its finance receivables during the fourth quarter ending the year with less than $1 billion in non-captive finance receivables. read more

JAN 25, 2012 - 8:20 am

KeyCorp announced full year 2011 net income was $813 million, or more than double compared to $390 million reported the previous year. Key noted an FY provision release of $60 million versus a charge of $638 million in 2010. read more

JAN 25, 2012 - 8:15 am

TCF Financial reported net income for Q4 and FY 2011 was $16.4 million and $109.4 million, respectively down from $33.9 million and $150.9 million for the same periods in 2010. The bank noted that FY equipment finance originations were up 17.8% compared to 2010. read more

JAN 24, 2012 - 9:43 am

Regions reported a fourth quarter and full year net loss of $602 million and $429 million, respectively, driven primarily by impairment charges related to the sale of its Morgan Keegan brokerage unit to Raymond James to reduce its risk profile. read more

JAN 24, 2012 - 8:30 am

1st Source reported net income of $48.2 million for the year 2011, an increase of 16.9% compared to $41.24 million one year ago — a record as the highest in company history. read more

JAN 23, 2012 - 8:15 am

Fifth Third said fourth quarter and full year 2011 net income was $305 million and $1.1 billion, respectively up from $270 million and $503 million for the same periods in 2010. The bank also noted continuing improvement in credit trends. read more

JAN 20, 2012 - 8:20 am

Bank of America said net income of $2.0 billion for the fourth quarter compared with a net loss of $1.2 billion in the year-ago period. The bank noted that its provision charge was $2.9 billion, down from $5.1 billion in the same quarter in 2010. read more

JAN 19, 2012 - 8:30 am

GATX reported Q4 net income of $31.6 million was up 62% compared to the same quarter in 2010. The company said its rail segment profit of $62.1 million compared to $39.2 million in the fourth quarter of 2010. read more

JAN 19, 2012 - 8:20 am

U.S. Bancorp reported Q4/11 net income of $1.35 billion, or $0.69 EPS. Analysts had expected EPS of $0.63. The bank noted that earnings were driven by an 8.1% increase in net revenue and a 46% drop in its provision for credit losses. read more

JAN 18, 2012 - 8:30 am

PNC Financial reported Q4 net income of $493 million, or $0.85 EPS, down 40% compared to last year's net income of $820 million. Analysts had expected PNC's Q4 EPS of $1.41 read more

JAN 18, 2012 - 8:15 am

Wells Fargo reported record Q4 net income of $4.1 billion, or a record $0.73 per diluted common share, up from $3.4 billion for Q4 in 2010. Analysts had expected earnings per share of $0.72. Full year net income was a record $15.9 billion, up 28% from 2010. read more

JAN 17, 2012 - 8:35 am

Citigroup reported its net income declined 11% from Q4/10 to $1.2 billion in Q4/11, reflecting a $1.2 billion decline in Y/Y revenues, a $465 million increase in operating expenses and a $470 million increase in the provision for taxes. read more

JAN 17, 2012 - 8:15 am

JPMorgan Chase reported net income of $3.7 billion for the fourth quarter of 2011 was down from $4.8 billion or 23% lower compared to the same quarter in 2010. The bank said the decrease in earnings was driven by a $4.5 billion or 17% drop in net revenue. read more

JAN 13, 2012 - 8:25 am

Navistar said its Navistar Financial affiliate fiscal year 2011 earnings were $129 million, up from $95 million in 2010. The company said year-over-year profits included a lower provision for credit losses. read more

DEC 22, 2011 - 4:20 pm

Resource America reported that its LEAF Commercial Capital unit revenues and operating earnings for the fourth fiscal quarter were $7.4 million and $3.8 million, respectively, compared to revenues of $1.85 million and an operating loss of $2.5 million in the same period one year-ago. read more

DEC 7, 2011 - 8:30 am