Cat Financial reported fourth-quarter profit of $166 million, an increase of 41% from last year. Profit before income taxes of $181 million, an increase of 20% from a year ago. The company said the increase was mainly due to a $21 million favorable impact from a lower provision for credit losses, a $14 million favorable impact from higher average earning assets and a $12 million increase in net yield on average earning assets.
Cat Financial reported fourth-quarter revenues of $841 million, an increase of 16% from last year. The company said the increase in revenues was primarily due to an $89 million favorable impact from higher average financing rates and a $31 million favorable impact from higher average earning assets.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.