Element Financial announced William W. Lovatt, insurance veteran, and Richard E. Venn, banking veteran, were appointed to its board of directors effective December 16, 2014. read more
DEC 17, 2014 - 6:47 am
Element Financial said its board of directors declared a quarterly dividend on each of three classes of its five-year rate reset preferred shares. read more
DEC 9, 2014 - 7:15 am
Element Financial announced that members of the its senior management team purchased approximately $7.1 million worth of Element common shares in the open market following the announcement of its financial results for the three-month and 12-month period ending September 30, 2014. read more
NOV 20, 2014 - 7:07 am
Element reported new originations of $1.2 billion, together with the acquisition of PHH Arval at the beginning of the period, contributed to a 120% increase in the company’s total earning assets to $8.9 billion at September 30, 2014 versus $4.1 billion at June 30, 2014. read more
NOV 14, 2014 - 7:46 am
Trinity Industries reported Q3/14 revenues increased 41% to a record $1.56 billion. The company also announced it sold $132.2 million of railcars to Element Financial under its strategic alliance. read more
OCT 29, 2014 - 6:58 am
Automotive Fleet reported Element Financial extended a 14-year partnership between Arval and PHH Arval to continue to provide a platform from which to serve the needs of clients that have fleet assets outside of North America. read more
OCT 27, 2014 - 7:28 am
Element Financial said it expanded the company’s existing senior credit facility to $1.6 billion with the addition of a further $100 million commitment from a U.S.-based bank. read more
OCT 24, 2014 - 7:16 am
Element Financial said it is donating $15 million to help build new patient care tower for critically ill patients at St. Michael's Hospital in downtown Toronto. read more
OCT 6, 2014 - 7:11 am
Reuters reported that Element Financial is in exclusive talks to buy PHH’s fleet leasing business for about $1.35 billion in cash. read more
MAY 22, 2014 - 7:12 am