Chesswood Group said that in Q3 its largest business, Pawnee Leasing, posted another successive quarter of growth in its portfolio, which now exceeds $125 million for the first time. read more

NOV 9, 2011 - 8:05 am

Marlin Business Services reported third quarter 2011 net income was $1.8 million, up from $1.4 million or 28% higher compared to the same quarter last year. read more

NOV 7, 2011 - 8:30 am

AIG reported a Q3 net loss of $4.1 billion and said results were partially driven by an operating loss $1.3 billion in its ILFC leasing unit on $1.5 billion of impairment charges relating to its older generation aircraft. read more

NOV 4, 2011 - 9:00 am

Medallion Financial announced that Q3 earnings increased 39% compared to the same year-ago period. The company said it continues to use Medallion Bank as its primary funding source -- Q3 cost of funds of 1.07% compared to 1.68% one year ago. read more

NOV 4, 2011 - 8:15 am

NewStar Financial reported Q3 adjusted net income of $3.6 million compared to $6 million for the same year-ago period. The company said total funded loan origination volume was $190 million compared to $250 million in the second quarter. read more

NOV 3, 2011 - 7:50 am

CapitalSource reported a third-quarter net loss of $81 million noting the loss was driven by a one-time charge resulting from an early retirement of debt. The company said new funded loan production of $1.8 billion represented 18% YTD growth. read more

OCT 28, 2011 - 8:35 am

PACCAR reported its PACCAR Financial Services unit third-quarter and year-to-date pretax income was $61.8 million and $169.0 million, respectively up 49% and 63% compared to the same periods in 2010. read more

OCT 27, 2011 - 9:15 am

CIT Group reported a net loss for Q3/11 of $16 million, down from net income of $116 million a year ago, on reduced fresh start accounting benefits and higher costs associated with the prepayments of first and second lien debt. Net income for the nine months ended September 30, 2011 was $1 million, down from $442 million for 2010. read more

OCT 25, 2011 - 8:49 am

Rush Enterprises, which operates the largest network of commercial vehicle dealerships in North America, reported the highest quarterly pre-tax income in the company's history. Income from continuing operations for the quarter was $16.0 million, compared with income from continuing operations of $8.0 million in the quarter ended September 30, 2010. read more

OCT 25, 2011 - 7:05 am

Cat Financial reported Q3/11 revenues of $668 million, an increase of $28 million, or 4%, compared with the Q3/10. New retail financing in Q3/11 was $2.6 billion, an increase of $161 million, or 6%, from Q3/10. read more

OCT 24, 2011 - 9:31 am

SunTrust reported net income of $211 million for Q3/11, up from $84 million in the same year-ago period. The bank said results benefited from continued improvement in credit quality reflected in a drop in provision charges of $268 million. read more

OCT 24, 2011 - 9:29 am

TCF Financial reported leasing and equipment finance originations of $1.0 billion during the first nine months of 2011 represented an increase of $119.6 million, or 13.5%, compared to the same period in 2010. read more

OCT 24, 2011 - 9:28 am

Fifth Third reported third-quarter 2011 net income was $373 million, more than double the $175 million in the same quarter last year. The bank said net charge-offs and provision charges were 73% and 81%, respectively lower than last year. read more

OCT 21, 2011 - 8:55 am

GATX reported 2011 third-quarter profit increase of 56% compared to the same quarter last year. The company noted that its rail segment profit improvement of almost 96% reflected high utilization and strengthening lease rates. read more

OCT 21, 2011 - 8:05 am

KeyCorp said third quarter net income was $229 million compared to $163 million for the same quarter in 2010. The bank said it continued to benefit from improved asset quality. Key also noted significant improvement in its equipment finance business. read more

OCT 20, 2011 - 9:13 am