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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May 22, 2026 14:46 ET Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.