November 22, 2014 9:18 PM ET

Consumer Finance

Company Overview of Caterpillar Financial Services Corporation

Company Overview

Caterpillar Financial Services Corporation, together with its subsidiaries, provides retail and wholesale financing solutions for Caterpillar Inc.’s (Caterpillar) products to customers and dealers worldwide. Its retail financing solutions comprise financing of Caterpillar equipment, machinery, and engines. The company also offers financing for vehicles, power generation facilities, and marine vessels that primarily incorporate Caterpillar products. In addition, it provides wholesale financing to Caterpillar dealers; and purchases short-term receivables from Caterpillar. The company was founded in 1981 and is headquartered in Nashville, Tennessee. Caterpillar Financial Services Corporation is...

2120 West End Avenue

Nashville, TN 37203

United States

Founded in 1981

1,767 Employees

Phone:

615-341-1000

Key Executives for Caterpillar Financial Services Corporation

Chief Executive Officer
Age: 59
Chief Financial Officer and Executive Vice President
Group President of Caterpillar Inc
Age: 63
President of Cat Financial Insurance Services
Age: 53
Principal Accounting Officer and Controller
Compensation as of Fiscal Year 2014.

Caterpillar Financial Services Corporation Key Developments

Caterpillar Financial Services Corporation Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2014

Caterpillar Financial Services Corporation reported earnings results for the third quarter and nine months ended September 30, 2014. For the quarter, the company reported revenues of $743 million compared to $699 million a year ago. Profit before income taxes was $197 million compared to $164 million a year ago. The increase was primarily due to a $23 million improvement on net yield on average earning assets and a $16 million favorable impact from higher average earning assets. Profit after tax was $148 million compared to $117 million a year ago. The increase in Revenue was primarily due to a $37 million favorable impact from higher average earning assets. For the nine months period, the company reported revenues of $2,182 million compared to $2,074 million a year ago. Profit before income taxes was $587 million compared to $490 million a year ago. Profit after tax was $427 million compared to $355 million a year ago.

Caterpillar Financial Services Corporation Announces Earnings Results for the Second Quarter and Six Months Ended June 30, 2014

Caterpillar Financial Services Corporation announced earnings results for the second quarter and six months ended June 30, 2014. For the quarter, the company reported revenues of $728 million compared to $694 million a year ago. Profit before income taxes was $206 million compared to $158 million a year ago. Profit after tax was $146 million compared to $111 million a year ago. The increase in Revenue was primarily due to a $36 million favorable impact from higher average earning assets. The increase in profit before tax was primarily due to the absence of a $23 million currency loss in the second quarter of 2013, a $17 million favorable impact from higher average earning assets and a $16 million improvement on net yield on average earning assets. For the six months, the company reported revenues of $1,441 million compared to $1,374 million a year ago. Profit before income taxes was $394 million compared to $345 million a year ago. Profit after tax was $282 million compared to $252 million a year ago.

Caterpillar Financial Services Corporation Presents at The 24th AFSA Credit Summit for Fixed Income Investors, May-29-2014 09:15 AM

Caterpillar Financial Services Corporation Presents at The 24th AFSA Credit Summit for Fixed Income Investors, May-29-2014 09:15 AM. Venue: The Ritz-Carlton, Battery Park, New York, New York, United States.

Similar Private Companies By Industry

Company Name Region
Southern Offroad Vehicle Services, LLC United States
Auto Cash USA, LLC United States
Cornerstone Credit Services, LLC United States
Excel Finance Company United States
Sallyport Commercial Finance, LLC United States

Recent Private Companies Transactions

Type
Date
Target
No transactions available in the past 12 months.
 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup

Most Searched Private Companies

Company Name Geographic Region
Bertelsmann AG Europe
Lawyers Committee for Civil Rights Under Law United States
NYC2012, Inc. United States
Rush University United States
Citizens Budget Commission United States

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact Caterpillar Financial Services Corporation, please visit finance.cat.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.