Element Financial Related Content

Element Names Insurance, Banking Execs to Board of Directors

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

Element Financial Declares Quarterly Preferred Share Dividends

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

Element Senior Management Invests Additional $7.1MM

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

Element Reports Earning Assets of $8.9B, Up 120% Q/Q

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

Trinity Reports Record Q3 Revenues; Sells Railcars to Element

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

Element-Arval Global Alliance Extends Partnership

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

Element Expands Senior Credit Facility to $1.6B

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

Element Financial Invests in Building a Better Toronto

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

Reuters: Element Financial in Talks to Buy PHH Arval

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

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