Online lender OnDeck released its third quarter 2019 results. It reported net income of $8.7 million, adjusted net income of $7.8 million and gross revenue of $112.6 million.
Kabbage reports small businesses in the U.S. accessed more than $715 million of capital in the third quarter through Kabbage.
Reuters reported the biggest U.S. banks are expected to kick off the earnings season on a sour note next week due to falling interest rates.
Golub Capital BDC reported the financial results for its second fiscal quarter ended March 31, 2019, which included total investment income of $41.8 million, as compared to $39.4 million for the quarter ending December 31, 2018.
LendingTree reported its results for the quarter ended March 31, 2019, including a record consolidated revenue of $262.4 million, up 45% over Q1/2018.
Wells Fargo reported Q1/19 earnings of $5.9 billion was up from $5.1 billion a year earlier. C&I interest income was also up 23 percent compared to a year earlier while lease financing interest income and yields were down from Q1/18.
Antares Capital closed more than 300 transactions in 2018 and issued nearly $25 billion in financing commitments, including $1.5 billion in new unitranche program commitments and $15 billion in syndicated credit facilities.
MainStreet Bancshares reported total assets of $1.06 billion as of September 30, 2018, up 50% compared to $705.5 million at the end of the same period in 2017.
Regions Financial announced Q4 and full year 2017 earnings of $318 million and $1.193 million, respectively, were up from $278 million and $1.094 million in 2016, despite a tax reform charge of $29 million.
SunTrust’s reported Q4/17 net income of $710 million was up from $448 million for the same quarter in 2016. The bank’s noted results included a $172 million after-tax net benefit from tax reform-related items.