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Tag: earnings

A Terex Corp. crane sits on the construction site of the American Mobility Center (ACM) in Ypsilanti, Michigan, U.S., on Tuesday, Aug. 15, 2017. Representative Debbie Dingel, a Democrat from Michigan, and Representative Bob Latta, a Republican from Ohio, visited the ACM to meet with experts in the autonomous vehicles industry as the two work together to advance bipartisan self-driving vehicle legislation through the House floor.

Global equipment manufacturers see materials sales slide

byJohnnie Martinez II

May 2, 2025

Equipment manufacturers Terex and Bobcat experienced a sales downturn in the first quarter, as material handling and processing sales slipped, ...

Midland, Banc of California shrink equipment finance portfolios in 2024

Brookline, Banc of California pull back equipment lending in Q1

byQuinn Donoghue

May 2, 2025

Brookline Bancorp and Banc of California shrank their equipment finance businesses in the first quarter, while First Citizens BancShares’ revved ...

Newly manufactured New Holland T6 and T7 tractors stand parked in a yard ahead of shipping at CNH Industrial NV's assembly plant in Basildon, U.K., on Wednesday, July 2, 2014. CNH Industrial plans to more than double profit by 2018 as the maker of Iveco trucks and New Holland tractors sets its sights on expansion in Asia.

CNH Industrial Capital portfolio falls 2.4% in Q1

byJohnnie Martinez II

May 1, 2025

CNH Industrial Capital’s originations fell in the first quarter as penetration rates improved despite lower agricultural and construction equipment sales ...

An AGCO Corp. Challenger tractor pulls a Bourgault Tillage Tools Ltd. air seeder while planting canola seeds on a farm near St. Francois Xavier, Manitoba, Canada on Thursday, May 9, 2019. Prime Minister Justin Trudeau's government is expanding a loan program for farmers and launching a trade mission to Japan and South Korea as Canadian canola exports get caught up in a diplomatic feud with China.

Agco sales sink 30% in Q1

byQuinn Donoghue

May 1, 2025

Farm equipment manufacturer Agco’s sales plunged in the first quarter amid tight cash flow for farmers and geopolitical friction, and ...

A Caterpillar bulldozer at a construction site in Hudson, New York, US.

Cat Financial originations climb 8% in Q1

byQuinn Donoghue

April 30, 2025

Cat Financial, the financing arm of equipment manufacturer Caterpillar, reported an uptick in revenue in the first quarter as it ...

Equipment loan losses rise amid transportation loan deterioration

TAB Bank loans total $67M in Q1

byEquipment Finance News, AI Assisted

April 30, 2025

Ogden, Utah-based TAB Bank provided more than $67 million in financing during the first quarter of 2025, supporting over 230 ...

The grille of a Kenworth T680E electric truck at Hight Logistics in Long Beach, California, US, on Monday, Dec. 5, 2022. Forum Mobility replaces diesel drayage freight trucks, a major source of toxic emissions, with electric models for a monthly fee. Paccar

Paccar Financial Services revenues rise despite sales slump

byJohnnie Martinez II

April 29, 2025

Paccar Financial Services, the financial arm of truck manufacturer Paccar, saw revenues increase during the first quarter as portfolio quality ...

A worker squats on a Komatsu Ltd. excavator near the construction site for the Otres 2 development in Sihanoukville, Cambodia, on Saturday, March 31, 2018. It's against the law for Cambodians to gamble. Yet in Sihanoukville, a once-sleepy resort town where three dozen casinos have sprung up, most in the past two years, Cambodians are betting that an infusion of Chinese-built infrastructure will pay off with jobs and prosperity

Komatsu retail finance revenue soars 19% in fiscal 2024

byQuinn Donoghue

April 29, 2025

Japanese equipment manufacturer Komatsu fattened its retail finance portfolio in its fiscal 2024 as sales spiked, but tariffs have darkened ...

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