CNH Industrial reported Q2/14 revenues totaled $ 8.9 billion compared to $8.8 billion in Q2/13. CNH said net income was $358 million in Q2/14, up from $348 million in Q2/13.

CNH said Q2/14 Financial Services segment revenues of $468 million were up from $414 million or 13.0% compared to Q2/13, primarily driven by an increase in the average value of the portfolio. Net income of $105 million was up from $96 million a year earlier.

CNH noted that retail loan originations in Q2/14 were $2.7 billion, flat compared to Q2/13. The managed portfolio (including joint ventures)of $29.1 billion (of which retail was 65% and wholesale 35%)was up $1.4 billion compares to March 31, 2014.

To view the full CNH Industrial news release, click here.