Dave Walton Related Content

Cat Financial Reports Q2 Decreases in Financial Metrics Partially Due to COVID-19

Cat Financial reported Q2/20 revenues of $641 million, a decrease of $116 million, or 15%, compared with Q2/19. Q2/20 profit was $59 million, a $20 million, or 25%, decrease from Q2/19. read more

Monitor 100: The Best of the Best: How Did They Do It?

Appearing in the Monitor 100 ranking is an achievement, but only the most successful companies in the industry make it to the top of the list. Guest Editor Bill Verhelle sat down with the leaders of six top companies to discuss the strategies they use to maintain dominance in such a complex and competitive marketplace. ... read more

Cat Financial Reports $736MM in Revenue for Q1/2019

Cat Financial reported first-quarter 2019 revenues of $736 million, an increase of $46 million, or 7%, compared with Q1/ 2018. First-quarter 2019 profit was $98 million, a $7 million, or 8%, increase from Q1/2018. read more

ELFA Announces New Board of Directors, Jud Snyder Named Chairman

The ELFA announced its new board of directors during its 57th Annual Convention. Jud Snyder, president of BMO Harris Equipment Finance, will serve as the chairman of the board, while Martha Ahlers, president of United Leasing & Finance, will be chairman-elect. read more

Cat Financial, Citi Sign Agreement for Commercial and Consumer Card Services

Caterpillar Financial Services and Citi Retail Services entered a long-term agreement to provide a private label credit card program in the U.S. and Canada. read more

Cat Financial Q2 Earnings Hurt by Provision Charges; NBV Up 32%

Cat Financial reported Q2/18 revenues were up 7% compared to Q2/17. Pretax profit of $100 million was down from $164 million a year earlier due to an $86 million increase in provision charges. New business volume of $3.56 billion was up 32% compared to Q2/17. read more

Cat Financial Q1 NBV of $2.54B Up 9% Year/Year

Cat Financial reported Q1/18 retail new business volume was $2.54 billion, an increase of $202 million or 9% compared to Q1/17. read more

Cat Financial FY/17 NBV of $11.2B Up 3% Year/Year

Cat Financial’s retail new business volume for 2017 was $11.22 billion, up 3%, or $316 million, compared to 2016. Q4/17 new business volume of $3.42 billion was up 19%, or $553 million, from the same quarter in 2016. read more

Cat Financial Q3 NBV up $83MM Year/Year

Cat Financial reported retail new business volume was $2.78 billion, an increase of $83 million, or 3%, from Q3/16. read more

Cat Financial Reports 2% Increase in Q1/17 New Business Volume

Cat Financial reported that during Q1/17 retail new business volume was $2.34 billion, an increase of $47 million, or 2%, from Q1/16. read more

Walton Replaces Adams as Cat Financial President and CEO

Kent Adams, CEO of Cat Financial, elected to retire after 38 years with the company. Dave Walton was named president and CEO of Cat Financial and VP of the Financial Services division. read more

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