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Re: DewDiligence post# 14874

Wednesday, 07/19/2017 12:37:55 PM

Wednesday, July 19, 2017 12:37:55 PM

Post# of 29314
DE’s most profitable business is…lending:

https://www.wsj.com/articles/americas-farmers-turn-to-bank-of-john-deere-1500398960

Deere’s lending arm regularly yields profit margins much greater than Deere’s margins for equipment sales—in 2016, the net margin for financial services was 16%, compared with 4.5% for equipment.


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