Merchants Financial Group, Inc. (MFGI) made a preliminary earnings announcement for 2023 projecting net income of $25,502,130, according to MFGI President & CEO Gregory M. Evans. The earnings report, subject to external audit, represents a 16 percent...
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February 02, 2024, 07:17 AM
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Merchants Financial Group, Inc. (MFGI) announced year-to-date net income through the third quarter of $20.1 million, according to MFGI President & CEO Gregory M. Evans.As a result of continued strong performance, the MFGI Board of Directors...
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October 27, 2023, 07:18 AM
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DLL reported interim results for the first half of 2023. Despite current economic and geopolitical challenges, the company delivered portfolio and income growth during the first six months of the year, with net profits of EUR 260 million.The...
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August 16, 2023, 07:20 AM
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DLL delivered strong underlying results for the 2022 business year. Despite challenging market conditions, the company recorded portfolio and income growth, while net profits were heavily impacted by losses arising from the company’s sale of its...
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May 05, 2023, 07:20 AM
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At its Annual Meeting on Thursday, Merchants Financial Group, Inc., (MFGI) Executive Management reported record earnings for 2022, shared insights about Merchants’ strong liquidity and financial stability.MFGI formally reported net income of...
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April 14, 2023, 07:12 AM
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Chesswood Group Limited, a North American specialty finance company, its results for its year and the fourth-quarter ended Dec. 31, 2022."2022 was a strong year for Chesswood Group. Our diversified portfolio generated record earnings and free cash...
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March 17, 2023, 07:22 AM
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Axis Auto Finance Inc., a fintech lender servicing the alternative auto finance market and commercial equipment finance market in Canada, announced financial results for the second quarter of fiscal 2023, ending Dec. 31, 2022.Q2 2023 Financial...
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February 15, 2023, 07:15 AM
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Chesswood Group Limited, a publicly traded North American specialty finance company providing commercial equipment leases and loans, automotive loans, home improvement financing and asset management, reported its results for the third quarter ended...
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November 08, 2022, 07:17 AM
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DLL, a global provider of asset-based financial solutions, reported interim results for the first half of 2022. Despite challenging market conditions, the company delivered portfolio and income growth during the first six months of the year, but net...
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August 25, 2022, 07:20 AM
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Chesswood Group Limited reported its results for the three months ended June 30. The company reported earnings of $9.7 million and record free cash flow generation of $15.71 million in the second quarter. That compared with earnings of $7.8 million...
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August 05, 2022, 07:07 AM
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Chesswood Group Limited, a publicly traded North American specialty finance company providing commercial equipment leases and loans, automotive loans, and home improvement financing, reported its results for the quarter ended March 31, 2022. Q1 2022...
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May 13, 2022, 07:20 AM
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Element Fleet Management Corp. announced strong financial and operating results for the three months ended March 31, and management raised full-year 2022 results guidance. Q1 net income of $93.6 million represents 21 cents on a per share basis. Q1...
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May 11, 2022, 07:21 AM
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Chesswood Group Limited, a publicly traded North American specialty finance company, reported its results for its year ended Dec. 31, 2021. "2021 was a transformational year for Chesswood Group. We set the objective at the beginning of the year to...
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March 10, 2022, 07:05 AM
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Merchants Financial Group, Inc. (MFGI) announced year-end earnings for 2021 with net income of $28,770,000, according to MFGI President & CEO Gregory M. Evans. The earnings exceeded MFGI’s plan for the year by more than $8.2 million and is an...
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January 28, 2022, 07:10 AM
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Element Fleet Management Corp. announced its financial and operating results for the three and nine months ended Sept. 30 showcasing the company’s resilient business model. Element’s market-leading platform generated adjusted operating income (AOI)...
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November 12, 2021, 07:15 AM
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Chesswood Group Limited, a publicly traded North American commercial equipment finance provider for small and medium-sized businesses, reported its results for its second quarter ended June 30."The second quarter of 2021 was further evidence of the...
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August 04, 2021, 07:20 AM
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DLL, a global provider of asset-based financial solutions, reported a net profit for the 2020 business year. In the face of challenging external conditions, the company delivered portfolio and income growth, while net profit was heavily diluted by...
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May 12, 2021, 07:22 AM
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Marlin Business Services Corp. reported its first quarter 2021 net income of $6.9 million compared with net income of $15.3 million in the prior quarter, and a net loss of $11.8 million a year ago.Commenting on the company’s results, Jeffrey A....
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April 30, 2021, 07:25 AM
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During its annual shareholder meeting, Merchants Financial Group, Inc. (MFGI), reported strong 2020 earnings growth. MFGI formally reported net income of $21,511,521 for 2020, an 8.8 percent increase over 2019 earnings. The year’s results were...
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April 12, 2021, 07:22 AM
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ECN Capital Corp. reported its financial results for the three-month period and year ended Dec. 31, 2020. For the quarter, ECN Capital reported adjusted net income applicable to common shareholders from continuing operations of $19.7 million versus...
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March 01, 2021, 07:15 AM
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Marlin Business Services Corp. reported fourth quarter 2020 net income of $15.3 million compared with net income of $2.7 million in the prior quarter, and net income of $8.4 million in the fourth quarter a year ago.Jeffrey A. Hilzinger, Marlin’s...
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January 29, 2021, 07:20 AM
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ECN Capital Corp. reported its financial results for the three-month period ended Sept. 30. Adjusted net income applicable to common shareholders from continuing operations of $23.3 million versus $17.0 million for the previous three-month period...
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November 13, 2020, 07:11 AM
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Chesswood Group Limited, a North American commercial equipment finance provider for small and medium-sized businesses, reported its results for the third quarter and provided a COVID-19 update.The company reported net income of $7.5 million in the...
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November 12, 2020, 07:10 AM
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Marlin Business Services Corp. reported third-quarter 2020 net income of $2.7 million compared with net loss of $5.9 million in the last quarter, and net income of $7.4 million in the third-quarter a year ago.Third Quarter Summary:
Net income of...
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October 30, 2020, 07:28 AM
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DLL reported interim results for the first half of 2020. Despite challenging external conditions, the company delivered portfolio and income growth during the first six months of the year, but net profits were heavily diluted by growing risk costs...
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August 27, 2020, 07:25 AM
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ECN Capital Corp. reported financial results for the three-month period ended June 30. It adjusted net income applicable to common shareholders from continuing operations of $17.0 million versus $14.5 million for the previous three-month period ended...
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August 13, 2020, 07:20 AM
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Chesswood Group Limited, a North American commercial equipment finance provider for small and medium-sized businesses, reported its results for the second quarter and six months ended June 30, 2020 and provided a COVID-19 update.The company reported...
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August 10, 2020, 07:25 AM
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Marlin Business Services reported a second quarter 2020 net loss of $5.9 million, compared with net loss of $11.8 million in the prior quarter, and net income of $6.1 million a year ago.Commenting on the Company’s results, Jeffrey A. Hilzinger...
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July 31, 2020, 07:25 AM
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Element Fleet Management announced financial results for the second quarter ended June 30, 2020 and continued progress on its strategic priorities. Editor's note: Amounts in $CAD unless otherwise noted.Element’s market-leading platform generated...
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July 29, 2020, 07:10 AM
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ECN Capital Corp. reported its financial results for the three-month period ended March 31. The company reported adjusted net income applicable to common shareholders from continuing operations of $14.5 million in the first quarter versus $18.5...
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May 15, 2020, 07:22 AM
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Chesswood Group Limited, a North American commercial equipment finance provider for small and medium-sized businesses, reported its results for the first quarter ended March 31, and provided a COVID-19 update.The company reported a net loss of $14.1...
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May 14, 2020, 07:20 AM
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Element Fleet Management Corp. announced its financial results for the first quarter ended March 31, and continued progress on its transformation program.Element’s market-leading core fleet business generated adjusted operating income of $96.07...
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May 12, 2020, 07:20 AM
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DLL, a global provider of asset-based financial solutions, delivered a solid commercial performance and strong portfolio growth for the 2019 business year, which also marked the company’s 50th year of operations. Dating back to its founding in 1969...
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May 07, 2020, 07:22 AM
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Marlin Business Services Corp. reported a first quarter 2020 net loss of $11.8 million compared with net income of $8.4 million in the prior quarter and $5.1 million a year ago.Selected highlights:
Net loss of $11.8 million compared with net...
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May 01, 2020, 07:25 AM
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Chesswood Group Limited reported its results for the fourth quarter and year ended Dec. 31, 2019.“We had a record year of originations once again while our free cash flow, reduced by the $2.2 million of net expenses from our new startup Tandem...
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March 19, 2020, 07:10 AM
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ECN Capital Corp. reported its fourth-quarter and 2019 financial results. For the three-month period ended Dec. 31, 2019, ECN Capital reported adjusted net income applicable to common shareholders from continuing operations of $18.5 million versus...
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February 27, 2020, 07:24 AM
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Marlin Business Services Corp. reported fourth-quarter 2019 net income of $8.4 million, compared with $6.4 million, a year ago. The company also reported highlights of the quarter including:
Total sourced origination volume of $236.5 million, up 9...
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January 31, 2020, 07:28 AM
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ECN Capital Corp. reported its financial results for the third quarter. For the three-month period ending Sept. 30, ECN Capital reported adjusted net income applicable to common shareholders of $18.2 million versus $16.6 million for the second...
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November 08, 2019, 07:25 AM
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Marlin reported third quarter 2019 net income of $7.4 million, compared with $5.9 million a year ago. Third quarter 2019 net income on an adjusted basis was $7.4 million, compared with $6.4 million a year ago.Commenting on the company’s results...
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November 01, 2019, 07:20 AM
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ECN Capital Corp. reported adjusted net income applicable to common shareholders of $16.6 million for the second quarter ended June 30 versus $5.6 million for the same period last year.Originations for the three-month were $598 million versus $419.2...
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August 08, 2019, 07:20 AM
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Chesswood Group Limited reported its adjusted operating income for the second quarter was $6.02 million compared with $6.83 million in the second quarter 2018.This measures Chesswood’s operating income before the change in the allowance for credit...
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August 05, 2019, 06:00 AM
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Marlin reported second-quarter 2019 net income of $6.1 million compared with $5.1 million in the prior quarter, and $6.5 million a year ago. Second-quarter 2019 net income on an adjusted basis was $6.3 million compared with $6.5 million a year...
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August 02, 2019, 07:30 AM
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Element Fleet Management Corp. announced further progress on the company’s client-centric strategy in the second quarter.Transformation work remains ahead of plan, the company said, with a cumulative $64.3 million of run-rate profit improvements...
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August 01, 2019, 07:18 AM
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CIT Group Inc. reported second-quarter net income available to common shareholders of $128 million compared with $117 million a year ago. It posted income from continuing operations, excluding noteworthy items, available to common shareholders of...
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July 24, 2019, 07:02 AM
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Element Fleet Management Corp. announced increased net income in the first quarter and further progress on the company’s client-centric transformation. Element’s fleet platform generated adjusted operating income of $90.5 million from its core...
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May 08, 2019, 07:19 AM
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DLL announced it delivered solid financial results for the 2018 business year. The company’s focus on partnerships, specialized industry knowledge, a balanced spread of activities across geographic regions and disciplined risk management led to...
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May 02, 2019, 07:16 AM
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Marlin Business Services Corp. reported fourth-quarter 2018 net income of $6.4 million compared with net income of $15.9 million. Fourth-quarter net income on an adjusted basis was $6.4 million compared with $5.9 million a year ago.For the year ended...
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February 01, 2019, 07:22 AM
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CIT Group Inc. reported fourth-quarter net income available to common shareholders of $82 million, compared to a net loss available to common shareholders of $98 million for the year-ago quarter. Income from continuing operations available to common...
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January 29, 2019, 07:15 AM
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ECN Capital Corp. reported Adjusted Net Income applicable to common shareholders of $21.3 reported financial results for the three-month period ending Sept. 30, up from $12.8 million a year ago.Originations for the three-month period ending Sept. 30...
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November 13, 2018, 07:15 AM
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Chesswood Group Limited, a North American commercial equipment finance provider for small and medium-sized businesses, reported its record third-quarter results for the period ended Sept. 30."Our third-quarter operating income of $9.4 million helped...
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November 12, 2018, 07:25 AM
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Marlin Business Services Corp. reported third-quarter 2018 net income of $5.9 million, up 79 percent from net income of $3.3 million a year ago. Third-quarter net income on an adjusted basis was $6.4 million compared with $3.9 million a year ago—a...
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November 02, 2018, 07:25 AM
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CIT Group Inc. reported third-quarter net income available to common shareholders of $132 million, compared with net income available to common shareholders of $220 million for the year-ago quarter. Income from continuing operations available to...
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October 23, 2018, 07:20 AM
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DLL delivered a solid first-half performance, highlighted by double-digit net profit growth. The company’s focus on partnerships, specialized industry knowledge and innovation, coupled with a balanced spread of activities across geographic regions...
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August 23, 2018, 07:28 AM
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Chesswood Group, a North American commercial equipment finance provider for small and medium-size businesses, reported its second-quarter results for the period ended June 30.Chesswood's gross finance receivables grew to $804 million in the quarter...
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August 14, 2018, 07:23 AM
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ECN Capital Corp. reported its financial results for the three-month period ending June 30. The company posted adjusted net income applicable to common shareholders of $13.4 million compared with $8 million for the same period last year.Originations...
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August 13, 2018, 07:06 AM
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Marlin Business Services Corp. reported second quarter 2018 net income of $6.5 million, up from net income of $4.6 million a year ago. Second quarter net income on an adjusted basis was $6.5 million compared with $4.8 million.“Marlin delivered...
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August 03, 2018, 07:17 AM
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CIT Group Inc. reported second-quarter net income available to common shareholders of $117 million, compared with net income available to common shareholders of $157 million for the year-ago quarter. Income from continuing operations available to...
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July 24, 2018, 07:28 AM
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ECN Capital reported financial results for the three-month period ending March 31, 2018. Readers should note that as of January 1, 2018, the Company changed its presentation and functional currency from Canadian dollars to U.S. dollars. In addition...
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May 14, 2018, 07:25 AM
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Chesswood Group, a North American commercial equipment finance provider for small and medium-sized businesses reported its results for the first quarter ended March 31, 2018. The company generated record quarterly income before tax, along with strong...
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May 10, 2018, 07:25 AM
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Marlin Business Services Corp. reported first quarter 2018 net income of $6.2 million, compared with net income of $1.5 million a year ago. First quarter net income on an adjusted basis was $6.2 million compared with $4.3 million a year ago.“Marlin...
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May 04, 2018, 07:15 AM
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CIT Group reported first quarter net income available to common shareholders of $97 million, compared to net income available to common shareholders of $180 million for the year-ago quarter. Income from continuing operations available to common...
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April 24, 2018, 07:15 AM
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Marlin Business Services reported fourth quarter 2017 net income of $15.9 million compared to net income of $4.8 million for the fourth quarter last year. Fourth quarter 2017 earnings included an impact of a net tax benefit resulting from the Tax...
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February 02, 2018, 07:19 AM
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CIT Group reported a fourth quarter net loss to common shareholders of $98 million or $0.74 per diluted common share, compared to a net loss to common shareholders of $1.1 billion or $5.65 per diluted common share for the year-ago quarter. Loss from...
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January 30, 2018, 07:15 AM
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Chesswood Group reported its results for the third quarter and nine-months ended September 30, 2017.The Company generated operating earnings of $6.7 million in the quarter and $24.1 million for the nine-month period, compared to $7.2 million and...
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November 09, 2017, 07:00 AM
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Element Fleet Management announced financial results for the three and nine month periods ended September 30, 2017. As disclosed in the second quarter of 2017, Element has adopted new segmentation of core fleet management and non-core assets. “Over...
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November 08, 2017, 07:05 AM
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Marlin Business Services reported third quarter 2017 net income of $3.3 million, or $0.26 per diluted share, compared to net income of $4.3 million, or $0.35 per diluted share, for the third quarter last year. Third quarter 2017 earnings included an...
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October 27, 2017, 07:20 AM
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CIT Group reported third quarter net income of $220 million compared to $131 million for the year-ago quarter. Income from continuing operations for the third quarter was $223 million compared to $94 million in the year-ago quarter. Income from...
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October 24, 2017, 07:16 AM
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Marlin Business Services Corp. reported second quarter 2017 net income of $4.6 million. Before charges related to the aforementioned regulatory matter, second quarter 2017 net income was $4.8 million compared to $4.5 million for the second quarter...
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July 28, 2017, 07:15 AM
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Element Fleet Management Corp. reported financial results for the Company’s continuing operations for the three-month period ending March 31, 2017.“We delivered a solid quarter, with key revenue drivers showing improvements as the quarter progressed”...
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May 10, 2017, 07:15 AM
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Marlin Business Services reported first quarter 2017 net income of $1.5 million. Before charges related to a reserve for restitution in connection with certain payment processing practices in effect prior to February 2016, first quarter 2017 net...
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April 28, 2017, 07:15 AM
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CIT Group announced financial results for the first quarter ended March 31, 2017.For the quarter ended March 31, 2017, the Company reported net income of $180 million compared to $146 million for the year-ago quarter. Income from continuing...
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April 25, 2017, 07:14 AM
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Willis Lease Finance reported pre-tax earnings for 2016 of $23.9 million, up 87.4% from $12.8 million in 2015, on record revenue of $207.3 million. Net income attributable to common shareholders for 2016 was $13.8 million, or $2.05 per diluted share...
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March 14, 2017, 07:00 AM
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Element Fleet Management Corp. reported financial results for the Company’s continuing operations for the twelve-month and three-month periods ending December 31, 2016. Element also announced that its Board of Directors approved management’s...
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March 10, 2017, 07:05 AM
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ECN Capital Corp. (“ECN Capital” or the “Company”) reported financial results for the three-month period and fiscal year ending December 31, 2016. Readers should note that in this release, amounts reported for the comparable quarters ended September...
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March 08, 2017, 07:15 AM
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For the fourth quarter, CIT reported a net loss of $1.2 billion. Loss from continuing operations for the fourth quarter was $424 million. For the full year 2016, net loss was $861 million. Loss from continuing operations for the full year was $196...
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February 01, 2017, 07:05 AM
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Marlin Business Services reported fourth quarter 2016 net income of $4.8 million compared to $3.0 million for the fourth quarter last year. Return on equity for the quarter was 12.06%, up from 7.96% a year ago.For the year ended December 31, 2016...
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January 27, 2017, 07:17 AM
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Caterpillar announced fourth-quarter and full-year results for 2016. Sales and revenues in the fourth quarter of 2016 were $9.6 billion, down from $11.0 billion in the fourth quarter of 2015. Fourth-quarter 2016 was a loss of $2.00 per share...
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January 27, 2017, 07:05 AM
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ECN Capital Corp. reported financial results for the three-month and nine-month periods ending September 30, 2016. The Company’s results for the period were reported as distributed operations of Element Fleet Management Corp. (formerly Element...
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November 15, 2016, 07:07 AM
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Marlin Business Services Corp. reported third quarter 2016 net income of $4.3 million compared to $4.8 million for the third quarter last year. Included in Marlin’s third quarter 2016 net income are income tax charges of $0.1 million relating to a...
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October 28, 2016, 07:10 AM
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Fleet Financing Resources (FFR) announced total funded volume of $35 million for the first six months ending June 30, 2016, up 52% over same period prior year. Sales volume up 35% and net income up 32% compared to prior year first half results.Dave...
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August 08, 2016, 07:08 AM
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Marlin Business Services Corp. reported second quarter 2016 net income of $4.5 million compared to $4.1 million for the second quarter last year. Return on equity for the quarter was 11.66%, up from 9.47% a year ago.“I am very pleased with Marlin’s...
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July 29, 2016, 07:10 AM
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CIT Group reported net income of $14 million for the quarter ended June 30, 2016, compared to net income of $115 million for the year-ago quarter. Income from continuing operations for the second quarter was $181 million compared to $115 million in...
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July 28, 2016, 07:09 AM
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Element Financial Corporation reported financial results for the three-month period ending March 31, 2016. After-tax adjusted operating income for the three-month period ending March 31, 2016 was $143.3 million or $0.35 per share (basic), in line...
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May 12, 2016, 07:17 AM
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Marlin Business Services reported first quarter 2016 net income of $3.7 million compared to $4.1 million for first quarter 2015. Return on equity for the quarter was 9.74%, up from 9.33% a year ago.Edward Siciliano, Interim CEO and Chief Sales...
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April 29, 2016, 07:19 AM
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Wells Fargo & Company (WFC) reported $5.5 billion in net income for a return on assets (ROA) of 1.21%, down 2% on a linked-quarter basis and down 6% from a year ago, according to Fitch Ratings. Earnings were impacted by an expected energy-related...
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April 15, 2016, 07:38 AM
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Element Financial Corporation reported financial results for the three-months and year ending December 31, 2015. For the three months ended December 31, 2015 after tax adjusted operating income was $143.5 million, exceeding consensus estimates...
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March 03, 2016, 07:38 AM
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DLL reports it sustained its growth through the second half of 2015. The company’s focus on partnerships, dedicated industry knowledge, balanced spread of activities across regions and robust risk management led to strong and healthy results. DLL...
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March 03, 2016, 07:31 AM
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CIT Group reported net income of $144 million for the fourth quarter of 2015, compared to net income of $251 million for the year-ago quarter. Income from continuing operations for the fourth quarter was $151 million compared to $252 million in the...
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February 02, 2016, 07:24 AM
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Marlin Business Services Corp. reported fourth quarter 2015 net income of $3.0 million compared to $4.9 million for fourth quarter 2014. Before one-time costs relating to the retirement of the CEO, fourth quarter 2015 net income was $4.9 million.For...
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February 02, 2016, 07:10 AM
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Element Financial Corporation reported financial results for the three-month and nine-month periods ending September 30, 2015.Overall, new originations amounted to $1.9 billion for the three-month period ended September 30, 2015 representing a 60.9...
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November 11, 2015, 07:11 AM
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CIT Group reported net income of $693 million for the quarter ended September 30, 2015, compared to net income of $515 million for the year-ago quarter. Income from continuing operations was $697 million compared to $515 million in the year-ago...
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November 03, 2015, 07:14 AM
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Marlin Business Services Corp. reported third quarter 2015 net income of $4.8 million, or $0.38 per diluted share, compared to $4.9 million and $0.38 per share for third quarter 2014."We are pleased with our results across the board in the third...
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November 03, 2015, 07:09 AM
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Bloomberg reported General Electric beat analysts’ third-quarter earnings estimates, buoyed by gains in the aviation and transportation units. However, sales fell short of projections. According to the Bloomberg report, GE’s oil and gas revenue...
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October 16, 2015, 08:00 AM
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DLL recorded a net profit of EUR 257 (USD 286) million in the first six months of 2015 which represents an increase of 13.9% compared to the same period in 2014. “This step forward is the result of our successful delivery of the value proposition in...
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August 24, 2015, 07:20 AM
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Element Financial Corporation reported financial results for the three-month and six-month periods ending June 30, 2015. Free operating cash flow amounted to $88.8 million for the three-month period. After tax adjusted operating income amounted to...
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August 13, 2015, 07:12 AM
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CIT Group reported net income of $115 million for the quarter ended June 30, 2015, compared to net income of $247 million for the second quarter of 2014. Net income for the six month period ended June 30, 2015 was $219 million compared to $364...
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July 28, 2015, 07:17 AM
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Element Financial Corporation reported financial results for the three-month period ending March 31, 2015. Free operating cash flow amounted to $78.4 million for the three-month period. After tax adjusted operating income amounted to $60.4 million...
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May 14, 2015, 07:04 AM
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Marlin Business Services reported first quarter 2015 net income of $4.1 million compared to $4.6 million for first quarter 2014."Origination activity for the quarter is higher year over year on stronger dealer demand," said Daniel P. Dyer, Co-founder...
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May 01, 2015, 07:15 AM
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CIT Group reported net income of $104 million for the quarter ended March 31, 2015, compared to net income of $117 million for the first quarter of 2014. First quarter results were impacted by a higher tax provision resulting from the recognition of...
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April 28, 2015, 07:01 AM
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DLL announced its 2014 annual results, reporting an annual net profit of $602 million for FY2014. This represents an increase of 13% in net profit performance compared to FY2013. "Our commitment to our customers and the economies they serve...
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March 26, 2015, 07:12 AM
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Fleet Financing Resources, LLC. reported another record year with originated volume at $56 million, up 9% compared to 2013. Gross income for the year ended December 31, 2014 increased 8%, while net income was $1,400,000, up 14% from the year...
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March 26, 2015, 06:00 AM
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Marlin Business Services Corp. reported fourth quarter 2014 net income of $4.9 million compared to $3.4 million for fourth quarter 2013.For the year ended December 31, 2014, net income is $19.4 million compared to $16.2 million for the year ended...
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February 05, 2015, 07:00 AM
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CIT Group reported net income of $251 million for the fourth quarter of 2014, compared to net income of $130 million for the year-ago quarter. Income from continuing operations for the fourth quarter was $252 million compared to $123 million in the...
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January 27, 2015, 07:19 AM
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Element Financial Corporation reported financial results for the three-month and nine-month periods ending September 30, 2014. New originations during the period of $1.2 billion, together with the acquisition of PHH Arval at the beginning of the...
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November 14, 2014, 07:06 AM
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Marlin Business Services Corp. reported third quarter 2014 net income of $4.9 million compared to $4.7 million for third quarter 2013."We reported a solid earnings quarter," said Daniel P. Dyer, Co-Founder and Chief Executive Officer. "Our...
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October 31, 2014, 06:56 AM
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CIT Group reported net income of $515 million for the third quarter of 2014, compared to net income of $200 million for the year-ago quarter. Income from continuing operations for the third quarter was $515 million compared to $193 million in the...
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October 28, 2014, 07:00 AM
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De Lage Landen (DLL) announced its half year figures. “Our results for the first half of 2014 continue to validate the primary pillars of our strategy, including our partnership focus, global footprint, specialized asset knowledge and operational...
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September 11, 2014, 06:58 AM
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Element Financial Corporation (“Element” or the “Company”), reported financial results for the three-month and six-month periods ending June 30, 2014 with organic originations of $0.8 billion contributing to a 7.9 percent increase in the Company’s...
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August 13, 2014, 07:00 AM
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Ritchie Bros. announced net earnings of $38.6 million for the three months ended June 30, 2014. This is a 30% increase compared to net earnings of $29.8 million generated in the same quarter last year. The Company’s revenues for the second quarter of...
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August 05, 2014, 06:00 AM
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Marlin Business Services reported second quarter 2014 net income of $4.9 million compared to $4.5 million for second quarter 2013."New asset originations were up 20% this quarter," said Daniel P. Dyer, Co-Founder and Chief Executive Officer. "Our...
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July 30, 2014, 07:00 AM
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Cat Financial reported second-quarter 2014 revenues of $728 million, an increase of $34 million, or 5 percent, compared with the second quarter of 2013. Second-quarter 2014 profit after tax was $146 million, a $35 million, or 32 percent, increase...
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July 25, 2014, 07:00 AM
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CIT Group Inc. reported net income of $247 million for the second quarter of 2014, compared to net income of $184 million for the year-ago quarter. During the quarter, the company completed the sale of the $3.3 billion Student Loan portfolio along...
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July 22, 2014, 07:00 AM
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GE announced today second-quarter 2014 operating earnings of $3.9 billion, with operating earnings per share of $0.39, up 8% from the second quarter of 2013. GAAP earnings from continuing operations were $3.6 billion, with earnings per share of $0.35...
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July 18, 2014, 07:02 AM
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Ascentium Capital announced record gains during second quarter 2014. Over the same period last year, the company obtained 57% growth in financing volume. Additionally, Ascentium Capital’s new business volume has the company ranked higher, in position...
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July 02, 2014, 06:37 AM
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The Equipment Finance division of Sterling National Bank, the principal subsidiary of Sterling Bancorp, finished the first quarter of 2014 with a record $107MM in gross funding ($98MM net) – doubling its volume compared to Q1 2013. The Q1 2014 figure...
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May 20, 2014, 06:50 AM
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Element Financial Corporation reported financial results for the three-month period ending March 31, 2014 with record originations of $1.1 billion contributing to a 27 percent increase in the Company’s total earning assets to $3.8 billion as at March...
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May 14, 2014, 07:05 AM
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Marlin Business Services Corp. reported first quarter 2014 net income of $4.6 million compared to $3.7 million for first quarter 2013."Overall results were favorable with a strong earnings quarter," said Daniel P. Dyer, Co-Founder and Chief Executive...
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May 01, 2014, 07:00 AM
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CIT Group today reported net income of $109 million for the quarter ended March 31, 2014, compared to net income of $163 million for the first quarter of 2013. First quarter results were primarily impacted by lower levels of interest income, higher...
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April 29, 2014, 06:58 AM
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De Lage Landen (DLL) announced its 2013 annual results. The company reported 2.2% growth of its managed portfolio to reach 31.5 billion Euro ($43.4 billion USD) and net income of 1.546 billion Euro ($2.051 billion USD), an increase of 6.2% compared...
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March 28, 2014, 06:44 AM
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Element Financial Corporation (Element” or “the Company”) today reported financial results for the 12-month and three-month periods ending December 31, 2013 with all five business verticals delivering record originations volumes contributing to a 30...
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February 21, 2014, 07:00 AM
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NewStar Financial reported consolidated net income of $6.4 million for the fourth quarter of 2013. Net income excluding the results of the Arlington Fund, a consolidated variable interest entity ("VIE"), was $6.2 million. These results compare to net...
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February 13, 2014, 06:45 AM
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Fleet Financing Resources, LLC. (FFR) reports record year with total originated volume at $51 million, up 12% compared to 2012. Gross income for the year ended December 31, 2013 went up 15%, while net income was $1,230,000, up 35% from the year...
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February 12, 2014, 06:00 AM
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Marlin Business Services Corp. reported fourth quarter 2013 net income of $3.4 million, compared to $3.6 million, for fourth quarter 2012.
Net income on an adjusted basis (excluding the impact from adjustments related to a one-time charge due to the...
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February 06, 2014, 06:50 AM
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EverBank Financial Corp announced its financial results for the fourth quarter and the year ended December 31, 2013. “2013 was a successful year for EverBank as we generated a solid return on equity, grew tangible book value per share by 12%, and...
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January 29, 2014, 06:46 AM
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CIT Group today reported net income of $130 million for the fourth quarter of 2013, compared to net income of $207 million for the fourth quarter of 2012. Net income for the year ended December 31, 2013 was $676 million compared to a net loss of $592...
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January 28, 2014, 07:05 AM
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ATEL Leasing Corporation (“ATEL”) announced that it completed its best year in over a decade. For fiscal year ending December 2013, ATEL recorded a 38% increase in overall business volume versus 2012. ATEL attributes the performance to an ever...
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January 24, 2014, 07:02 AM
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GE announced today fourth-quarter 2013 operating earnings of $5.4 billion, with earnings per share of $0.53, up 20% from the fourth quarter of 2012. GAAP earnings from continuing operations were $5.0 billion, with earnings per share of $0.49, up 20%....
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January 17, 2014, 07:00 AM
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Wells Fargo & Company reported full year net income was $21.9 billion, compared with $18.9 billion in 2012. For fourth quarter 2013, net income was $5.6 billion compared with $5.1 billion for fourth quarter 2012.“Wells Fargo had another outstanding...
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January 15, 2014, 06:29 AM
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Element Financial Corporation (“Element” or “the Company”) reported financial results for the three and nine month periods ending September 30, 2013 showing strong growth in earnings and increased origination volumes in the Company’s commercial...
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November 14, 2013, 07:19 AM
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Marlin Business Services Corp. reported third quarter 2013 net income of $4.7 million, or $0.36 per diluted share. Net income improved 37%, or $0.09 per diluted share over third quarter 2012. For the nine-month period ended September 30, 2013, net...
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November 07, 2013, 06:56 AM
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CSI Leasing, Inc. (CSI) announced that new lease origination topped $829 million worldwide in fiscal year 2013, up nearly 15 percent from the previous fiscal year. Total assets were up 5.5 percent and net income was up 8.7 percent compared to the...
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October 31, 2013, 07:00 AM
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The company has revised its 2013 outlook and now expects sales and revenues to be about $55 billion, with profit per share of about $5.50. The previous outlook for 2013 sales and revenues was a range of $56 to $58 billion with profit per share of...
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October 24, 2013, 07:02 AM
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CIT Group Inc. today reported net income of $200 million for the third quarter of 2013, compared to a net loss of $299 million for the third quarter of 2012. Net income for the nine month period ended September 30, 2013 was $546 million compared to a...
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October 22, 2013, 07:04 AM
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GE announced today third-quarter 2013 operating earnings of $3.7 billion, or $0.36 per share, down 3% and flat respectively from the third quarter of 2012. Excluding restructuring and other charges, operating EPS was $0.40. GAAP earnings from...
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October 18, 2013, 07:00 AM
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KeyCorp announced third quarter net income from continuing operations attributable to Key common shareholders of $229 million compared to $193 million for the second quarter of 2013, and $211 million for the third quarter of 2012. For the nine...
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October 16, 2013, 07:00 AM
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Wells Fargo reported record net income of $5.6 billion for third quarter 2013, up from $4.9 billion for third quarter 2012, and up from $5.5 billion for second quarter 2013. For the first nine months of 2013, net income was a record $16.3 billion...
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October 14, 2013, 07:04 AM
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“The start of our operations in Turkey marks another important step for De Lage Landen. Our international scope expands to support our global partners with tailored solutions for their specific markets. Our global reach with precision at the local...
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September 20, 2013, 07:00 AM
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Element Financial Corporation (“Element” or “the Company”), reported financial results for the three and six month periods ending June 30, 2013 showing strong growth in origination volumes across all of the Company’s business verticals. New...
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August 14, 2013, 07:00 AM
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Marlin Business Services Corp. reported second quarter 2013 net income of $4.5 million. Net income improved 50% over second quarter 2012. For the six-month period ended June 30, 2013, net income was $8.1 million."Our performance results reflect upon...
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July 31, 2013, 07:00 AM
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CIT Group Inc. reported net income of $184 million for the second quarter of 2013, compared to a net loss of $73 million for the second quarter of 2012. Net income for the six month period ended June 30, 2013 was $346 million, compared to a net loss...
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July 23, 2013, 07:04 AM
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GE announced today second-quarter 2013 operating earnings of $3.7 billion, down 8% from the second quarter of 2012. Revenues were $35.1 billion for the quarter, down 4% from the year-ago period.According to the report, GE Capital progressed with its...
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July 19, 2013, 07:10 AM
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Element Financial Corporation ("Element" or "the Company"), reported strong financial results across all of its business segments generating operating income of $12 million for the three month period on finance revenue of $31.8 million resulting in...
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May 14, 2013, 07:20 AM
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Marlin Business Services Corp. reported first quarter 2013 net income of $3.7 million, or $0.28 per diluted share. Net income improved 121% and diluted earnings per share improved 115% over first quarter 2012."Performance for the quarter was led by...
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May 01, 2013, 07:16 AM
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CIT Group reported net income of $163 million, $0.81 per diluted share, for the first quarter of 2013, compared to a net loss of $427 million, ($2.13) per diluted share, for the first quarter of 2012. The loss in the year-ago quarter was primarily...
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April 23, 2013, 07:17 AM
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GE announced today first-quarter 2013 operating earnings of $4.1 billion, up 14% from the first quarter of 2012. GAAP earnings from continuing operations were $3.6 billion, up 13%. Revenues were $35.0 billion for the quarter, flat with the year-ago...
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April 19, 2013, 07:06 AM
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Huntington Bancshares reported 2013 first quarter net income of $151.8 million, a decrease of $1.5 million, or 1%, from the 2012 first quarter and a decrease of $15.5 million, or 9%, from the 2012 fourth quarter. Commercial and Industrial (C & I)...
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April 18, 2013, 06:54 AM
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DLL announced its annual results for 2012 demonstrating managed portfolio growth of 5% to $40.6 billion and net income of $1.9 billion.According to the press release, DLL’s Vendor Finance division remains the largest area of the business. In 2012...
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March 18, 2013, 07:23 AM
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Ritchie Bros. Auctioneers announced net earnings for the year ended December 31, 2012 of $79.5 million and adjusted net earnings of $82.6 million. This compares to net earnings of $76.6 million and adjusted net earnings of $73.6 million for the year...
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February 26, 2013, 07:10 AM
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Element Financial Corporation (“Element” or “the Company”), Canada’s leading independent equipment finance company, reported that record origination levels of $689.3 million contributed to revenue of $57.9 million, operating income of $14.9 million...
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February 20, 2013, 07:28 AM
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NewStar Financial reported net income of $6.2 million for the fourth quarter of 2012. These results compare to net income of $6.4 million in the fourth quarter of 2011 and $6.1 million in the third quarter of 2012. Income before income taxes (pre-tax...
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February 14, 2013, 07:23 AM
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Resource America, Inc. reported adjusted income from continuing operations attributable to common shareholders, net of tax, a non-GAAP measure, of $1.4 million for the first fiscal quarter ended December 31, 2012 as compared to an adjusted loss from...
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February 06, 2013, 07:32 AM
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Marlin Business Services Corp reported fourth quarter 2012 net income of $3.6 million. Net income for the full year 2012 was $11.7 million. "There were many positive developments for our business in 2012," says Daniel P. Dyer, Marlin's co-founder and...
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January 31, 2013, 07:27 AM
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CapitalSource announced financial results for the fourth quarter of 2012. The Company reported net income for the quarter of $47 million compared to net income of $31 million in the prior quarter and net income of $9 million in the fourth quarter of...
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January 30, 2013, 07:20 AM
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CIT Group today reported net income of $207 million for the fourth quarter of 2012, improved from $36 million for the year-ago quarter. The current period includes net charges of $83 million related to the redemption of student loan asset-backed...
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January 29, 2013, 07:25 AM
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Direct Capital announced that its growth continued in 2012. The company, which provides equipment leasing, loans, and working capital to main street businesses and franchisees grew by 43% with more than $330 million delivered to small businesses. The...
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January 29, 2013, 07:00 AM
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KeyCorp announced fourth quarter net income from continuing operations attributable to Key common shareholders of $193 million, compared to $214 million for the third quarter of 2012, and $201 million, for the fourth quarter of 2011. During the...
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January 24, 2013, 07:29 AM
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GE announced today fourth-quarter 2012 operating earnings of $4.7 billion, up 13% from the fourth quarter of 2011. GAAP earnings from continuing operations were $4.3 billion, up 9%. Revenues were $39.3 billion for the quarter, up 4%, and $147.4...
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January 18, 2013, 07:31 AM
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Resource America reported adjusted income from continuing operations attributable to common shareholders, net of tax, a non-GAAP measure, of $234,000, and $31.0 million for the fourth fiscal quarter and fiscal year ended September 30, 2012...
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December 05, 2012, 07:50 AM
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Element Financial Corporation ("Element" or "the Company"), Canada's leading independent equipment finance company, today reported that record origination levels of $219.7 million contributed to revenue of $19.6 million, operating income of $5.4...
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November 07, 2012, 07:19 AM
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NewStar Financial reported net income of $6.1 million for the third quarter of 2012. These results compare to net income of $3.4 million in the third quarter of 2011 and $5.6 million in the prior quarter. Income before income taxes (pre-tax income)...
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November 07, 2012, 06:09 AM
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CapitalSource announced financial results for the third quarter of 2012. The company reported net income for the quarter of $31 million compared to net income of $388 million in the prior quarter and a net loss of $81 million in the third quarter of...
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October 31, 2012, 07:43 AM
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CNH Global announced financial results for the quarter ended September 30, 2012. Net sales for the quarter increased 5% (11% on a constant currency basis) to $4.8 billion as global demand for agricultural equipment remained solid, driven by high...
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October 31, 2012, 07:23 AM
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Marlin Business Services reported third quarter 2012 net income of $3.4 million. Third quarter 2012 lease production was $81.6 million based on initial equipment cost, up from $80.4 million for the second quarter of 2012 and 37% higher than the third...
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October 30, 2012, 11:05 AM
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Ritchie Bros. Auctioneers announced net earnings for the nine months ended September 30, 2012 of $57.4 million and adjusted net earnings of $60.2 billion. This compares to net earnings of $49.9 million and adjusted net earnings of $46.9 million for...
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October 30, 2012, 11:00 AM
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EverBank Financial Corp announced its financial results for the quarter ended September 30, 2012. Key Highlights from the report:
Commercial leases increased by 43% to $0.7 billion, from the third quarter of 2011.
Total loans and leases were...
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October 25, 2012, 06:22 AM
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GE announced today third-quarter 2012 Operating Earnings of $3.8 billion, or $0.36 per share, up 10% and 50% respectively from the third quarter of 2011. Excluding the effects of the third-quarter 2011 preferred stock redemption, operating earnings...
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October 19, 2012, 07:30 AM
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KeyCorp today announced third quarter net income from continuing operations attributable to Key common shareholders of $214 million compared to $221 million for the second quarter of 2012, and $229 million for the third quarter of 2011. For the nine...
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October 18, 2012, 07:00 AM
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Bank of America Corporation today reported net income of $340 million for the third quarter of 2012, compared to $6.2 billion in the third quarter of 2011.The third quarter of 2012 was negatively impacted by $1.9 billion of debit valuation...
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October 17, 2012, 08:02 AM
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The PNC Financial Services Group, Inc. reported net income of $925 million for the third quarter of 2012 compared with $546 million for the second quarter of 2012 and $834 million for the third quarter of 2011. For the first nine months of 2012 the...
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October 16, 2012, 06:53 AM
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Wells Fargo & Company reported record net income of $4.9 billion for third quarter 2012, up from $4.1 billion for third quarter 2011, and up from $4.6 billion for second quarter 2012. For the first nine months of 2012, net income was $13.8 billion...
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October 15, 2012, 07:36 AM
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JPMorgan Chase reported record net income for third-quarter 2012 of $5.7 billion, compared with net income of $4.3 billion in the third quarter of 2011. Earnings per share were a record $1.40, compared with $1.02 in the third quarter of 2011. The...
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October 12, 2012, 07:45 AM
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De Lage Landen reported it has grown its portfolio in the first six months of 2012 to $38.4 Billion. New business volume amounted in this period to $12.5 and the company reported net profit of $247 Million.“The growth of De Lage Landen’s global...
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September 06, 2012, 08:07 AM
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Navistar International Corporation announced third quarter 2012 net income of $84 million compared to third quarter 2011 net income of $1.4 billion. Current quarter results included an income tax benefit of $196 million that primarily resulted from a...
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September 06, 2012, 07:27 AM
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ATEL Ventures Inc. announced that the first half of 2012 was the best ever in company history. For the six months ending June 30, 2012, the company's funded dollar amount increased by over 370% compared to the previous period in 2011. The change in...
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September 06, 2012, 06:42 AM
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Deere & Company today announced worldwide net income attributable to Deere & Company of $788.0 million for the third quarter ended July 31, compared with $712.3 million for the same period last year.
For the first nine months of the year, net income...
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August 15, 2012, 07:19 AM
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SeaCube Container Leasing Ltd (SeaCube) one of the world’s largest lessors of intermodal freight containers, reported results for the second quarter ended June 30, 2012. Adjusted net income was $13.3 million for the second quarter of 2012 compared to...
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August 07, 2012, 06:31 AM
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Marlin Business Services Corp. reported second quarter 2012 net income of $3.0 million. For the six month period ended June 30, 2012, net income was $4.6 million."We're delighted with the solid profit momentum and strong operating fundamentals of our...
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August 03, 2012, 07:55 AM
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LEAF Commercial Capital ("LEAF"), continued to grow its lease origination and servicing operations during the third fiscal quarter ended June 30, 2012.Lease and loan origination volume increased by 110% during the third fiscal quarter ended June 30...
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August 03, 2012, 07:21 AM
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Ritchie Bros. Auctioneers Incorporated, the world's largest auctioneer of industrial equipment, announces net earnings for the six months ended June 30, 2012 of $49.3 million and adjusted net earnings of $50.5 million. This compares to net earnings...
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August 02, 2012, 07:00 AM
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CapitalSource Inc. announced financial results for the second quarter of 2012. The Company reported net income for the quarter of $388 million or $1.66 per diluted share, including $1.49 per diluted share resulting from reversal of $347 million of...
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July 31, 2012, 07:40 AM
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CIT Group Inc. reported a net loss for the quarter ended June 30, 2012 of $71 million. This net loss compares to a net loss of $50 million for the second quarter of 2011 and includes debt refinancing charges of $286 million related to the prepayment...
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July 30, 2012, 07:12 AM
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1st Source Corporation, parent company of 1st Source Bank, reported net income of $12.57 million for the second quarter of 2012 and $24.28 million for the first six months of 2012. This compares to $14.87 million reported in the second quarter of...
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July 27, 2012, 06:29 AM
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Caterpillar announced second-quarter 2012 sales and revenues were $17.374 billion, an all-time record, and a 22% increase from second-quarter 2011 sales and revenues of $14.230 billion. "I am very pleased with Caterpillar's record-breaking...
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July 26, 2012, 07:36 AM
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PACCAR reported increased revenues and net income for the second quarter of 2012,” said Mark Pigott, chairman and chief executive officer. “PACCAR’s second quarter results reflect the benefits of higher truck sales in North and South America and good...
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July 25, 2012, 07:20 AM
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GE announced today second-quarter 2012 Operating Earnings of $4.0 billion, up 7% from the second-quarter of 2011. GAAP earnings from continuing operations (attributable to GE) were $3.7 billion, up 2%. Revenues were $36.5 billion for the quarter, up...
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July 20, 2012, 07:44 AM
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KeyCorp announced second quarter net income from continuing operations attributable to Key common shareholders of $221 million compared to $199 million for the first quarter of 2012, and $243 million for the second quarter of 2011. For the six months...
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July 19, 2012, 07:35 AM
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U.S. Bancorp reported net income of $1,415 million for the second quarter of 2012. Earnings for the second quarter of 2012 were driven by year-over-year growth in total net revenue and a lower provision for credit losses. Highlights for the second...
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July 19, 2012, 06:42 AM
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Bank of America Corporation reported net income of $2.5 billion for the second quarter of 2012, compared to a net loss of $8.8 billion in the second quarter of 2011. The year-ago quarter included a total of $18.2 billion in pretax charges for certain...
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July 18, 2012, 07:15 AM
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United Rentals, Inc. announced financial results for the second quarter 2012. Total revenue was $993 million and rental revenue was $845 million, compared with $629 million and $524 million, respectively, for the same period last year. On a GAAP...
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July 18, 2012, 07:15 AM
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Net income attributable to Deere & Company was $1.056 billion for the second quarter ended April 30, compared with $904.3 million for the same period last year. For the first six months of the year, net income attributable to Deere & Company was...
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May 17, 2012, 07:30 AM
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GE announced today that the Board of Directors of GE Capital Corporation (GECC) has declared a quarterly dividend of $475 million payable to its parent GE in the second quarter 2012. 2012 dividend payments, which are subject to GECC Board approval...
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May 16, 2012, 07:45 AM
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Element Financial Corporation ( (“Element”), one of Canada’s leading independent equipment finance companies, today announced ahead of plan originations and profitability and financial results for the first quarter of calendar 2012.“The financial...
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May 15, 2012, 07:30 AM
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Bombardier’s first-quarter financial results, show a decline of company-wide revenue from $4.7 billion to $3.5 billion year-over-year, while revenues for its aerospace division decreased from $2.2 billion to $1.5 billion. “As anticipated, we had...
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May 11, 2012, 06:30 AM
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FreightCar America, Inc. reported results for the first quarter ended March 31, 2012, with revenues of $219.1 million and net income of $9.7 million. For the same quarter in 2011, the Company reported revenues of $72.2 million and a net loss of $1.3...
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May 08, 2012, 06:00 AM
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Equipment World reported Volvo Construction Equipment experienced a strong first quarter in 2012, reporting a 17% rise in sales. According to the company, these positive results come despite a flat total world market for construction equipment...
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May 07, 2012, 06:30 AM
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Resource America reported LEAF Commercial Capital, Inc. ("LEAF"), continued to grow its lease origination and servicing operations during the second fiscal quarter ended March 31, 2012.
LEAF Commercial Capital highlights for the second fiscal...
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May 04, 2012, 08:00 AM
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Marlin Business Services Corp. reported first quarter 2012 net income of $1.6 million.“Results for the quarter demonstrate the solid performance track of our business,” says Daniel P. Dyer, Marlin’s co-founder and Chief Executive Officer. “Our...
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May 01, 2012, 07:30 AM
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CapitalSource Inc. announced financial results for the first quarter of 2012. The Company reported net income for the quarter of $25 million compared to net income of $9 million in the prior quarter and net income of $3 million in the first quarter...
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May 01, 2012, 06:00 AM
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Terex Corporation announced income from continuing operations of $20.5 million, for the first quarter of 2012, as compared to income from continuing operations of $5.0 million, for the first quarter of 2011. Excluding the impact of a write down of an...
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April 27, 2012, 07:30 AM
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CIT Group Inc. reported a net loss for the quarter ended March 31, 2012 of $447 million. This net loss compares to net income of $66 million for the first quarter of 2011 and includes debt refinancing charges of $620 million related to the prepayment...
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April 24, 2012, 08:15 AM
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United Rentals, Inc. announced financial results for the first quarter 2012. Total revenue was $656 million and rental revenue was $523 million, compared with $523 million and $434 million, respectively, for the same period last year. On a GAAP basis...
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April 23, 2012, 06:00 AM
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Marlin Business Services Corp. reported fourth quarter 2011 net income of $2.1 million. Net income for the full-year 2011 was $6.2 million.“We’re pleased with the solid operating and financial fundamentals in place for all aspects of the business,”...
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April 23, 2012, 05:30 AM
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GE announced today first-quarter 2012 Operating Earnings of $3.6 billion, up 1% from the first-quarter of 2011. Operating EPS was up 17% excluding one-time items. GAAP earnings from continuing operations (attributable to GE) were $3.3 billion, down...
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April 20, 2012, 08:15 AM
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KeyCorp announced first quarter net income from continuing operations attributable to Key common shareholders of $199 million. This result compares to $184 million for the first quarter of 2011, which included a deemed dividend of $49 million related...
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April 19, 2012, 08:30 AM
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Bank of America Corporation reported net income of $653 million for the first quarter of 2012. Revenue, net of interest expense, on a fully taxable-equivalent (FTE) basis was $22.5 billion, including negative valuation adjustments related to changes...
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April 19, 2012, 08:00 AM
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TCF Financial Corporation reported a net loss for the first quarter of 2012 of $282.9 million inclusive of a net after-tax charge of $295.8 million related to repositioning certain investments and borrowings of TCF’s balance sheet. TCF reported net...
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April 19, 2012, 07:45 AM
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U.S. Bancorp reported net income of $1,338 million for the first quarter of 2012. Earnings for the first quarter of 2012 were driven by year-over-year growth in total net revenue and a lower provision for credit losses. Lease financing remained...
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April 18, 2012, 07:30 AM
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Textron Inc. reported first quarter 2012 income from continuing operations of $0.41 per share, compared to income of $0.10 per share in the first quarter of 2011. Total revenues in the quarter were $2.9 billion, up 15.2% from the first quarter of...
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April 18, 2012, 07:15 AM
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“We are on the right track,” says CEO Ronald Slaats of De Lage Landen, a global provider of high-quality asset-based financing products to manufacturers and distributors of capital goods and end users. De Lage Landen reported today a substantial...
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March 20, 2012, 07:00 AM
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Willis Lease Finance Corporation, a leading lessor of commercial jet engines, reported 2011 net income grew 20% to $14.5 million and net income available to common shareholders increased 28% to $11.4 million, up from $8.9 million a year ago. Willis...
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March 14, 2012, 06:00 AM
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Essex Rental Corp. announced its unaudited consolidated results for the fourth quarter and year ended December 31, 2011. Essex, through its subsidiaries, Essex Crane Rental Corp. and Coast Crane Company, is one of North America's largest providers of...
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March 13, 2012, 06:45 AM
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Ritchie Bros. Auctioneers , the world's largest auctioneer of industrial equipment, announced net earnings for the year ended December 31, 2011 of $76.6 million and adjusted net earnings of $73.6 million. This compares to net earnings of $65.7...
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February 28, 2012, 06:30 AM
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Marlin Business Services Corp. today reported fourth quarter 2011 net income of $2.1 million. Net income for the full-year 2011 was $6.2 million.“We’re pleased with the solid operating and financial fundamentals in place for all aspects of the...
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February 24, 2012, 08:00 AM
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Element Financial Corporation one of Canada’s leading independent equipment finance companies, providing equipment financing to owner/operators and to small and medium-sized businesses across North America, announced financial results for the fourth...
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February 24, 2012, 06:45 AM
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CapitalSource announced financial results for the fourth quarter and the full year 2011. The Company reported net income for the quarter of $9 million, compared to net loss of $81 million in the prior quarter and net income of $6 million in the...
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February 17, 2012, 07:00 AM
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Terex Corporation announced income from continuing operations of $38.8 million, on net sales of $6,504.6 million for the full year 2011, as compared to a net loss from continuing operations of $215.5 million on net sales of $4,418.2 million for the...
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February 16, 2012, 08:00 AM
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NewStar Financial, Inc., a specialized commercial finance company, today reported net income of $6.4 million for the fourth quarter of 2011. On an adjusted basis, net income was $6.6 million, which reflected $0.2 million after-tax non-cash equity...
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February 16, 2012, 06:30 AM
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NCR Corporation reported financial results today for the three months ended December 31, 2011. Reported revenue of $1.64 billion increased 17% from the fourth quarter of 2010, on both an actual and a constant currency basis.NCR’s Financial Services...
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February 07, 2012, 07:30 AM
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Resource America, Inc. reported net income attributable to common shareholders of $185,000 for the first fiscal quarter ended December 31, 2011, as compared to a net loss attributable to common shareholders of $567,000 for the first fiscal quarter...
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February 03, 2012, 06:30 AM
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CIT Group, Inc. reported net income of $34 million for the quarter, a decline of 59% compared to net income of $83 million for the year-ago quarter. For the year ended December 31, 2011, the company reported net income of $28 million, a decline of...
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January 31, 2012, 07:45 AM
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Cat Financial reported revenues of $2.645 billion, an increase of $93 million, or 4%, compared with 2010. Profit after tax was $378 million, a $100 million, or 36%, increase from 2010.The increase in revenues was principally due to a $76 million...
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January 26, 2012, 08:00 AM
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KeyCorp announced that for the full year 2011, net income from continuing operations attributable to Key common shareholders was $857 million, compared to net income from continuing operations attributable to Key common shareholders of $413 million...
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January 25, 2012, 07:30 AM
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Textron Inc. reported a fourth quarter 2011 loss from continuing operations of $0.06 per share, compared to income of $0.20 per share in the fourth quarter of 2010. Last year's fourth quarter result included $0.13 per share in special charges. This...
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January 25, 2012, 06:30 AM
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TCF Financial Corporation reported net income for the fourth quarter of 2011 of $16.4 million, compared with $33.9 million in the fourth quarter of 2010 and $32.3 million in the third quarter of 2011. Net income for the year ended December 31, 2011...
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January 24, 2012, 08:00 AM
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Bloomberg reported that Siemens AG, Europe’s largest engineering company, almost doubled the profit generated by its financial services unit, giving a boost to orders as it lured customers struggling to secure funding for equipment.
The report...
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January 24, 2012, 07:00 AM
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GE announced fourth-quarter 2011 operating earnings of $4.1 billion, up 6% from the fourth-quarter of 2010. Revenues were $38.0 billion for the quarter and $147.3 billion for the year. Record Infrastructure orders of $28.6 billion in the fourth...
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January 20, 2012, 07:15 AM
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Bank of America Corporation today reported net income of $2.0 billion for the fourth quarter of 2011, compared with a net loss of $1.2 billion in the year-ago period. Revenue, net of interest expense, on a fully taxable-equivalent basis rose 11% to...
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January 19, 2012, 08:00 AM
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U.S. Bancorp reported net income of $1.35 billion for the fourth quarter of 2011, 38.6% higher than the $974 million for the fourth quarter of 2010 and 6.0% higher than the $1,273 million for the third quarter of 2011. Net income of $4.9 billion was...
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January 18, 2012, 08:30 AM
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The PNC Financial Services Group, Inc. reported 2011 net income of $3.1 billion, compared with 2010 net income of $3.4 billion. Fourth quarter 2011 net income was $493 million, , compared with third quarter 2011 net income of $834 million, and fourth...
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January 18, 2012, 07:00 AM
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Resource America, Inc. reported an adjusted loss from continuing operations attributable to common shareholders, a non-GAAP measure, of $118,000 and adjusted income from continuing operations attributable to common shareholders, of $4.9 million for...
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December 07, 2011, 06:30 AM
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Net income attributable to Deere & Company was $669.6 million for the fourth quarter ended October 31, compared with $457.2 million for the same period last year. For fiscal 2011, net income attributable to Deere & Company was $2.800 billion...
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November 25, 2011, 09:00 AM
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Willis Lease Finance, a leading lessor of commercial jet engines, reported third quarter pretax profits grew 19% compared to the year ago period. Net income was $2.3 million in the third quarter of 2011, compared to $3.1 million in the third quarter...
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November 11, 2011, 05:45 AM
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Willis Lease Finance, a leading lessor of commercial jet engines, reported third quarter pretax profits grew 19% compared to the year ago period. Net income was $2.3 million in the third quarter of 2011, compared to $3.1 million in the third quarter...
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November 10, 2011, 06:00 AM
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Chesswood Group Limited announced the Company’s largest business, Pawnee Leasing Corporation, posted another successive quarter of growth in its portfolio, which now exceeds $125 million for the first time. Net charge-offs during the quarter were...
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November 09, 2011, 06:30 AM
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NetSol Technologies, Inc., a worldwide provider of global IT and enterprise application solutions, today reported financial results for its fiscal 2012 first quarter ended September 30, 2011. Total revenue was $6.2 million for the first quarter of...
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November 09, 2011, 06:00 AM
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American International Group, Inc. reported a net loss attributable to AIG of $4.1 billion and an after-tax operating loss of $3.0 billion for the quarter ended September 30, 2011, compared with a net loss of $2.5 billion and an after-tax operating...
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November 04, 2011, 07:30 AM
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Marlin Business Services Corp. reported third quarter 2011 net income of $1.8 million compared to net income of $1.4 million for the same period in 2010, representing a 28% increase. Net income for the nine months ended September 30, 2011 was $4.1...
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November 04, 2011, 06:00 AM
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NewStar Financial, Inc. reported adjusted net income for the third quarter of 2011 of $3.6 million compared to net income of $6.0 million for the same period of 2010. Total funded loan origination volume for the third quarter of 2011 was $190...
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November 03, 2011, 06:00 AM
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CNH Global N.V. announced financial results for the quarter ended September 30, 2011. For the quarter, net sales increased 30% (26% on a constant currency basis) to $4.6 billion as agricultural equipment markets continue to perform well across the...
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October 28, 2011, 07:26 AM
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CapitalSource Inc. reported a net loss for the quarter of $81 million compared to net income of $17 million in the prior quarter. Net income in the third quarter of 2010 was $78 million which included a carry-back tax benefit of $37 million.
The...
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October 28, 2011, 07:00 AM
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CIT Group Inc. a leading provider of financing to small businesses and middle market companies, today reported a net loss for the quarter ended September 30, 2011 of $16 million, down from net income of $116 million, in 2010, on reduced fresh start...
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October 25, 2011, 07:31 AM
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Cat Financial reported third-quarter 2011 revenues of $668 million, an increase of $28 million, or 4 percent, compared with the third quarter of 2010. Third-quarter profit after tax was $93 million, a $20 million, or 27 percent, increase from the...
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October 24, 2011, 08:02 AM
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GE announced third-quarter 2011 operating earnings of $3.4 billion, up 11% from the third quarter of 2010.
“We are pleased to deliver our sixth consecutive quarter of double-digit operating earnings growth in a volatile macro environment,” GE...
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October 21, 2011, 06:26 AM
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KeyCorp announced third quarter net income from continuing operations attributable to Key common shareholders of $229 million. Key's third quarter 2011 results compare to net income from continuing operations attributable to Key common shareholders...
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October 20, 2011, 06:46 AM
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