Banking & Finance
Stay informed on the latest banking, finance, and investment news across Milwaukee and Wisconsin.
Associated Bank buys mortgages from Habitat for Humanity
Associated Bank has purchased about $2 million in residential mortgages from Milwaukee Habitat for Humanity in one of the largest one-time mortgage sales in the chapter’s history.
A.O. Smith reports strong profit ahead of efficiency mandate
Milwaukee-based A.O. Smith Corp. today announced first quarter net income of $58.4 million, or 65 cents per share, up from $46.7 million, or 51 cents per share, in the first quarter of 2014.
Strattec posts higher 3Q profit despite automaker headwinds
Milwaukee-based Strattec Security Corp. today reported fiscal third quarter net income of $5.4 million, or $1.20 per share, up from $4.2 million, or $1 per share, in the third quarter of 2014.
Johnson Controls reports lower revenue on strong dollar
Glendale-based Johnson Controls Inc. today reported fiscal second quarter net income of $557 million, or 80 cents per share, up from $293 million, or 39 cents per share, in the second quarter of 2014.
Snap-on reports higher 1Q profit
Kenosha-based Snap-on Inc. today reported first quarter net income of $113.2 million, or $1.87 per share, up from $98.2 million, or $1.62 per share, in the first quarter of 2014.
Badger Meter profit falls in 1Q
Brown Deer-based Badger Meter Inc. reported first quarter net income of $4.2 million, or 29 cents per share, down from $4.6 million, or 32 cents per share, in the first quarter of 2014.
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Sensient recovers from loss
Milwaukee-based flavor and fragrance manufacturer Sensient Technologies Corp. today reported first quarter net income of $30.5 million, or 64 cents per share, compared with a net loss of $2.1 million, or 4 cents lost per share, in the first quarter of 2014.
ManpowerGroup profit impacted by strong dollar
Milwaukee-based ManpowerGroup Inc. today reported first quarter net income of $65.7 million, or 83 cents per share, down from $70.1 million, or 88 cents per share, in the first quarter of 2014.
Harley tempers forecast on lower sales
Milwaukee-based Harley-Davidson Inc. today reported that motorcycle sales declined 1.3 percent year-over year during the first quarter, which Harley attributed in the U.S. to increased, aggressive pricing of motorcycles by competitors.
MGIC earnings soar
Milwaukee-based MGIC Investment Corp. today reported first quarter net income of $133.1 million, or 32 cents per share, up significantly from $60 million, or 15 cents per share, in the first quarter of 2014.
