Financial: Financial Services

CIT Group Inc (CIT: NYSE)

$47.96 n/a | n/a%
08/29/14 - 04:00 PM ET
Company Income Statement
Dec 2013 Dec 2012 Dec 2011 Dec 2010
Sales 3.54B 4.01B 4.86B 6.36B
Cost of Sales 0.00 0.00 0.00 0.00
Gross Operating Profit 1.91B 2.50B 3.12B 3.84B
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) 1.91B 2.50B 3.12B 3.84B
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 0.00 -61.20M -134.80M 0.00
Total Income Before Interest Expenses (EBIT) 1.91B 2.44B 2.98B 3.84B
Interest Expense 1.14B 2.90B 2.79B 3.08B
Pre-Tax Income 774.10M -454.80M 190.20M 768.10M
Income Taxes 92.50M 133.80M 158.50M 246.90M
Minority Interest 5.90M 3.70M 5.00M 4.40M
Net Income From Continuing Operations 681.60M -588.60M 31.70M 521.20M
Net Income From Discontinued Operations 0.00 0.00 0.00 0.00
Net Income From Total Operations 681.60M -588.60M 31.70M 521.20M
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 675.70M -592.30M 26.70M 516.80M
Normalized Income
(Net Income From Continuing Operations,
Ex. Special Income / Charge)
681.60M -527.40M 166.50M 521.20M
Preferred Dividends
Net Income Available To Common 681.60M -588.60M 31.70M 521.20M
Basic EPS from Continuing Ops. 3.37 -2.95 0.13 2.58
Basic EPS from Discontinued Ops. 0.00 0.00 0.00 0.00
Basic EPS from Total Operations 3.37 -2.95 0.13 2.58
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 3.37 -2.95 0.13 2.58
Basic Normalized Net Income/Share 3.37 -2.64 0.70 2.58
EPS fr Continuing Ops. 3.35 -2.95 0.13 2.58
EPS fr Discontinued Ops 0.00 0.00 0.00 0.00
EPS fr Total Ops. 3.35 -2.95 0.13 2.58
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 3.35 -2.95 0.13 2.58
Diluted Normalized Net Inc/Shr
(Net Income From Continuing Operations,
Ex. Special Income / Charge)
3.35 -2.64 0.70 2.58
Dividends Paid per Share 0.10 0.00 0.00 0.00

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