Toro Company Red Iron outstandings dip 7% in Q2
Outdoor power equipment manufacturer The Toro Company‘s finance joint venture originations declined in the second quarter alongside the manufacturer’s professional ...
Tag: earnings
First Business Bank’s new equipment finance president targets stable growth
First Business Bank’s new equipment finance president aims to sustain and stabilize its performance in the equipment finance portfolio as ...
Titan Machinery floorplan payable balance up 131%
Titan Machinery’s floorplan payable and floorplan expense increased in the first quarter of the company’s fiscal 2025 as interest-bearing inventory ...
Electric vehicle earnings mixed facing uncertain future
Manufacturers Nikola and Lion Electric reported mixed results for the quarter ended March 31, as the electric vehicle market navigates ...
John Deere financial services sees 479% income surge
Net income generated by John Deere’s financial services division jumped 479% year over year in its second quarter of fiscal ...
Ferronordic enters US market strong, despite construction softness
Construction and truck equipment dealer Ferronordic completed its first full quarter in the United States with the American division becoming ...
DLL grew global portfolio across all regions in 2023
Equipment financier DLL increased its managed portfolio, net profit and net income in 2023, as it continued to expand its ...
Kubota U.S. equipment sales drop as ag market tightens
Japanese equipment manufacturer Kubota grew its finance receivables by roughly 4.6% in the first quarter, but is bracing for a ...
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