BNET Industries
Last Fiscal Year Sales:$900.1M
- Private
- US
Dow Jones Description
Provider of Consumer Auto Loans
Senior Vice President & Treasurer
J. Keith PalmerNumber of Employees 12
Peer Companies
NAICS Code All Other Nondepository Credit Intermediation: 522298
News & Analysis
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company and wfs financial inc. - All News and Analysis
WFS Financial Reports Second Quarter Results
-- Second quarter net income increased 77% to $59 million -- Earnings per share increased 76% to $1.44 per share -- Contract originations grew 21% to $2.0 billion -- Second quarter annualized credit losses on contracts improved 58 basis points to 1.15%...
Westcorp Reports Record Third Quarter Earnings
IRVINE, Calif.--BUSINESS WIRE--Oct. 19, 1999-- Westcorp (NYSE:WES), the financial services holding company whose principal subsidiaries are WFS Financial (Nasdaq: WFSI) and Western Financial Bank ("Bank"), today reported record earnings of $15.1 million, or $0.57 per diluted share for the third quarter of 1999 compared with a net loss of...
WFS Financial Reports Record Third Quarter Earnings
IRVINE, Calif.--BUSINESS WIRE--Oct. 19, 1999-- WFS Financial Inc (Nasdaq:WFSI) today reported record earnings of $12.7 million, or $0.49 per diluted share for the third quarter of 1999 compared with a net loss of $3.9 million, or $0.15 per diluted share for the same period a year earlier. For the...
Westcorp Reports Record Second Quarter Earnings On Lower Automobile Contract Credit Losses
IRVINE, Calif.--BUSINESS WIRE--July 20, 1999-- Westcorp (NYSE:WES), the financial services holding company whose principal subsidiaries are WFS Financial (Nasdaq: WFSI) and Western Financial Bank ("Bank"), today reported record earnings of $12.8 million, or $0.48 per diluted share for the second quarter of 1999 compared with $0.6 million, or $0.02...
WFS Financial Reports Record Second Quarter Earnings On Lower Credit Losses
IRVINE, Calif.--BUSINESS WIRE--July 20, 1999-- WFS Financial Inc (Nasdaq:WFSI) today reported record earnings of $12.2 million, or $0.47 per diluted share for the second quarter of 1999 compared with $0.3 million, or $0.01 per diluted share for the same period a year earlier. For the six months ended June...
Westcorp Reports First Quarter Earnings; Subsidiary Authorizes Purchase of Stock
IRVINE, Calif.--BUSINESS WIRE--April 12, 1999-- Westcorp (NYSE:WES), the financial services holding company whose principal subsidiaries are WFS Financial (Nasdaq: WFSI) (www.wfsfinancial.com) and Western Financial Bank (www.wfb.com) today reported earnings of $9.3 million, or $0.35 per diluted share for the first quarter of 1999 compared with a net loss of...
Westcorp Reports Third Quarter Results
IRVINE, Calif.--BUSINESS WIRE--Oct. 14, 1998--Westcorp (NYSE: WES), the financial services company whose principal subsidiaries are WFS Financial (Nasdaq: WFSI; www.wfsfinancial.com) and Western Financial Bank (www.westernfinancial.com) today reported after tax income from operations of $0.6 million, or $0.02 per diluted share, for the third quarter of 1998. This excludes a...
WFS Financial Reports First Quarter Results
IRVINE, Calif.--BUSINESS WIRE--April 21, 1998--WFS Financial Inc (Nasdaq:WFSI) today reported a loss from operations of $3.3 million or $0.13 per diluted share for the first quarter of 1998 excluding $17.4 million ($10.1 million, net of tax) of pre-tax costs related to the Company's previously announced restructuring plan. This compares with...
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Decision Makers
| Name (plus bio) | Position |
|---|---|
| J. Keith Palmer | Senior Vice President & Treasurer |
| Jeffrey D. Pratt | |
| Jennifer Heil | |
| Duane A. Nelles | Director |
| Organization | Position | Status |
|---|---|---|
| Wfs Financial, Inc. | Senior Vice President & Treasurer | Current |
| Wachovia Bank, N.A. | Vice President & Treasurer | Current |
Jeff is a professional financial institutions executive with over 15 years of experience in risk management. He is the former senior vice president of Westcorp, a $3 billion NYSE traded holding company whose primary subsidiaries are Western Financial Bank and WFS Financial, Inc., a publicly held auto finance company traded on NASDAQ.
| Organization | Position | Status |
|---|---|---|
| Wachovia Bank, N.A. | Senior Vice President | Current |
| Downey Financial Corp. | Senior Vice President | Current |
| Lenders Technology, Inc | Senior Advisor | Current |
| Wfs Financial, Inc. | Current | |
| Western Financial Bank | Current | |
| Option One Mortgage Corporation | Senior Manager for Portfolio Risk | Former |
| Tehran University | Former | |
| Wachovia Bank, N.A. | Managing Member | Former |
Jennifer leads the partner management and product development groups for Fourth Fleet Financial. She has previously held management roles at WFS Financial, E-Loan, and HSBC where she worked in both the Indirect Dealer and Online Consumer channels. She has dedicated her 20 year career to the field of business management and has gained her experience in senior automotive financing roles with other Fortune 100 companies and start-ups. She has broad experience in influencing automotive operations, business development and communications agendas on a national basis. She has played an active role in companies dealing with explosive entrepreneurial growth, significant turn-around environments, rapid national expansion, acquisitions and divestitures in extremely competitive environments. Jennifer received her Bachelors in Business Administration from the University of Phoenix and is an MBA candidate for June 2007.
| Organization | Position | Status |
|---|---|---|
| Fourth Fleet Financial, Inc | Vice President of Partner Management and Product Development | Current |
| HSBC Auto Finance | Current | |
| E-LOAN, Inc. | Current | |
| Wfs Financial, Inc. | Current | |
| University of Phoenix | Bachelors In Business Administration | Former |
| Organization | Position | Status |
|---|---|---|
| Wfs Financial, Inc. | Director | Current |
| QUALCOMM Incorporated | Board of Directors | Current |
| PricewaterhouseCoopers | partner | Former |
| University of Michigan | M.B.A. Degree | Former |
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