Cat Financial reports $668 million in Q1 2012 results
For more than 30 years, Cat Financial, a wholly-owned subsidiary of Caterpillar Inc., has been providing financial service excellence to Cat customers. The company offers a wide range of financing alternatives to customers and Cat dealers for Cat machinery and engines, Solar® gas turbines and other equipment and marine vessels. Cat Financial has offices and subsidiaries located throughout the Americas, Asia, Australia and Europe, with headquarters in Nashville, Tennessee.
FIRST QUARTER 2012 VS. FIRST QUARTER 2011 (ENDED MARCH 31)
(Millions of dollars)
|Revenues||$ 668||$ 640||4%|
|Profit Before Income||$ 170||$ 115||48%|
|Profit After Tax||$120||$83||45%|
|New Retail Financing||