Financial: Banking

CIT Group Inc (CIT: NYSE)

$43.72 n/a | n/a%
02/17/17 - 04:02 PM ET
Company Income Statement
Dec 2016 Dec 2015 Dec 2014 Dec 2013
Sales 3.13B 3.94B 3.73B 3.66B
Cost of Sales n.a. 0.00 0.00 0.00
Gross Operating Profit 0.00 1.80B 1.90B 1.96B
Selling, General, and Administrative Expenses n.a. n.a. n.a. n.a.
Research & Development n.a. n.a. n.a. n.a.
Operating Income before D & A (EBITDA) 0.00 1.80B 1.90B 1.96B
Depreciation & Amortization n.a. n.a. n.a. n.a.
Interest Income n.a. n.a. n.a. n.a.
Other Income - Net n.a. n.a. n.a. n.a.
Special Income / Charges n.a. -120.40M -135.60M -160.90M
Total Income Before Interest Expenses (EBIT) 0.00 1.68B 1.77B 1.80B
Interest Expense 753.20M 1.10B 1.09B 1.06B
Pre-Tax Income 2.37B 578.50M 680.80M 734.20M
Income Taxes 0.00 -488.40M -397.90M 83.90M
Minority Interest 0.00 -100.00K 1.20M 5.90M
Net Income From Continuing Operations -195.50M 1.07B 1.08B 650.30M
Net Income From Discontinued Operations -665.40M -10.40M 52.50M 31.30M
Net Income From Total Operations -860.90M 1.06B 1.13B 681.60M
Extraordinary Income/Losses 0.00 0.00 0.00 0.00
Income From Cum. Effect of Acct. Change 0.00 0.00 0.00 0.00
Income From Tax Loss Carryforward 0.00 0.00 0.00 0.00
Other Gains / Losses 0.00 0.00 0.00 0.00
Total Net Income -860.90M 1.06B 1.13B 675.70M
Normalized Income
(Net Income From Continuing Operations,
Ex. Special Income / Charge)
n.a. 1.19B 1.21B 811.20M
Preferred Dividends
Net Income Available To Common 0.00 1.07B 1.08B 650.30M
Basic EPS from Continuing Ops. -0.97 5.75 5.71 3.21
Basic EPS from Discontinued Ops. -3.30 -0.05 0.28 0.16
Basic EPS from Total Operations -4.27 5.70 5.99 3.37
Basic EPS from Extraordinary Inc. 0.00 0.00 0.00 0.00
Basic EPS from Cum Effect of Accounting Change 0.00 0.00 0.00 0.00
Basic EPS from Tax Loss Carryf'd. 0.00 0.00 0.00 0.00
Basic EPS from Other Gains (Losses) 0.00 0.00 0.00 0.00
Basic EPS, Total -4.27 5.70 5.99 3.37
Basic Normalized Net Income/Share n.a. 6.40 6.43 4.00
EPS fr Continuing Ops. -0.97 5.72 5.69 3.19
EPS fr Discontinued Ops -3.30 -0.05 0.27 0.16
EPS fr Total Ops. -4.27 5.67 5.96 3.35
EPS fr Extraord. Inc. 0.00 0.00 0.00 0.00
EPS fr Cum Effect of Accounting Change 0.00 0.00 0.00 0.00
EPS fr Tax Loss Carfd. 0.00 0.00 0.00 0.00
EPS fr Other Gains (L) 0.00 0.00 0.00 0.00
EPS, Total -4.27 5.67 5.96 3.35
Diluted Normalized Net Inc/Shr
(Net Income From Continuing Operations,
Ex. Special Income / Charge)
n.a. 6.37 6.41 3.98
Dividends Paid per Share 0.60 0.60 0.50 0.10

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