CIT Group Inc

(NYSE: CIT)
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44.48 Down -0.17 -0.38%
Find financial results for:
 Annual  Interim
2012 2011 2010 2009 2008
Period End Date 12/31/2012 12/31/2011 12/31/2010 12/31/2009 12/31/2008
Period Length 12 Months 12 Months 12 Months 12 Months 12 Months
Stmt Source 10-K 10-K 10-K 10-K 10-K
Stmt Source Date 03/01/2013 03/01/2013 03/01/2013 02/29/2012 03/02/2009
Stmt Update Type Updated Restated Restated Reclassified Updated
           
Interest Income, Bank
1,569.1 2,228.7 3,719.0 2,362.1 3,638.2
Interest & Fees on Loans 1,536.8 2,193.9 3,687.3 2,313.5 3,454.0
Interest & Dividends on Investment Securities 32.3 34.8 31.7 48.6 184.2
Interest on Deposits 0.0 0.0 0.0 0.0 0.0
Total Interest Expense
2,897.4 2,794.4 3,079.7 2,664.9 3,139.1
Interest on Deposit 152.5 111.2 87.4 150.5 101.7
Interest on Other Borrowings 2,744.9 2,683.2 2,992.3 2,514.4 3,037.4
Non-Interest Income, Bank
2,437.7 2,620.3 2,653.3 1,567.1 2,460.3
Fees & Commissions from Operations 212.6 230.0 269.0 343.4 0.0
Investment Securities Gains 40.2 45.7 18.9 -57.9 0.0
Other Unusual Income 0.0 35.3 130.4 -20.6 173.4
Other Revenue 2,182.9 2,309.3 2,235.0 1,302.2 2,286.9
Total Revenue 1,109.4 2,054.6 3,292.6 1,264.3 2,959.4
           
Loan Loss Provision 51.6 269.7 820.3 2,660.8 1,049.2
Non-Interest Expense, Bank
1,512.6 1,606.5 1,700.9 -1,446.6 2,986.5
Labor & Related Expenses 538.7 494.8 570.7 522.5 752.4
Depreciation Expense 533.2 575.1 675.8 1,143.7 1,145.2
Other Unusual Expense 83.9 147.9 52.2 6,600.5 560.8
Restructuring Charge 0.0 0.0 0.0 -10,199.6 0.0
Other Expense 356.8 388.7 402.2 486.3 528.1
Income Before Tax -454.8 178.4 771.4 50.1 -1,076.3
           
Income Tax - Total 133.8 158.6 245.7 -133.2 -444.4
Income After Tax -588.6 19.8 525.7 183.3 -631.9
           
Minority Interest -3.7 -5.0 -4.4 1.0 -1.2
Equity In Affiliates 0.0 0.0 0.0 0.0 0.0
U.S. GAAP Adjustment 0.0 0.0 0.0 0.0 0.0
Net Income Before Extra. Items -592.3 14.8 521.3 184.3 -633.1
           
Total Extraordinary Items
0.0 0.0 0.0 0.0 -2,166.4
Accounting Change 0.0 0.0 0.0 0.0 0.0
Discontinued Operations 0.0 0.0 0.0 0.0 -2,166.4
Net Income -592.3 14.8 521.3 184.3 -2,799.5
           
Total Adjustments to Net Income
0.0 0.0 0.0 -188.1 -64.7
Preferred Dividends 0.0 0.0 0.0 -188.1 -64.7
General Partners Distributions 0.0 0.0 0.0 0.0 0.0
           
Basic Weighted Average Shares 200.89 200.68 200.2 399.63 259.07
Basic EPS Excluding Extraordinary Items -2.95 0.07 2.6 -0.01 -2.69
Basic EPS Including Extraordinary Items -2.95 0.07 2.6 -0.01 -11.06
           
Diluted Weighted Average Shares 200.89 200.82 200.58 399.63 259.07
Diluted EPS Excluding Extrordinary Items -2.95 0.07 2.6 -0.01 -2.69
Diluted EPS Including Extraordinary Items -2.95 0.07 2.6 -0.01 -11.06
           
Dividends per Share - Common Stock Primary Issue 0.0 0.0 0.0 0.02 0.55
Dividends per Share - Common Stock Issue 2 0.0 0.0 0.0 0.0 0.0
Gross Dividends - Common Stock 0.0 0.0 0.0 0.0 135.2
Interest Expense, Supplemental 0.0 0.0 0.0 0.0 0.0
Depreciation, Supplemental 533.2 575.1 675.8 1,143.7 1,145.2
           
Normalized EBITDA 0.0 0.0 0.0 0.0 0.0
Normalized EBIT 0.0 0.0 0.0 0.0 0.0
Normalized Income Before Tax -372.9 291.0 693.2 -3,528.4 -688.9
Normalized Income After Taxes -535.37 92.99 472.41 -2,142.73 -380.09
Normalized Income Available to Common -539.07 87.99 468.01 -2,329.83 -445.99
           
Basic Normalized EPS -2.68 0.44 2.34 -5.83 -1.72
Diluted Normalized EPS -2.68 0.44 2.33 -5.83 -1.72
Amortization of Acquisition Cost 0.0 0.0 0.0 0.0 0.0
Amortization of Intangibles 0.0 0.0 0.0 0.0 18.9

Financial data in USD
Values in Millions (Except for per share items)

Business Type: Bank

Financial statements are prepared in this standard format to allow direct comparisons of all companies and industries across multiple time frames.

See 10K and 10Q SEC Filings for as reported statements

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