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Cit Group Inc (CIT) Quarterly Income Statement

Quarterly · GAAP · USD millions
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This income statement overview for Cit Group Inc spans from Sep 30 2020 to Sep 30 2021, showing how the company's revenues, expenses, and earnings have changed across reporting periods.
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Quarterly Report, GAAP in USD millions
ITEM 		(Sep 30 2021)
Q3 2021 		(Jun 30 2021) (Mar 31 2021) (Dec 31 2020) (Sep 30 2020)
Revenues
Interest and Fee Income, Loans and Leases341.90
Interest and Dividend Income, Securities, Operating17.90
Total Interest Income359.80
Interest Expense, Deposits47.30
Interest Expense, Long-term Debt55.70
Total Interest Expense103.00
Net Interest Income256.80
Provision for loan losses-67.10
Total Net Interest Income323.90
Investment income186.20
Operating Leases, Income Statement, Lease Revenue186.20
Noninterest Income, Other Operating Income124.70
Extinguishment of Debt0.00
Loss / Gain on Investment3.70
Other Non-Interest Income0.00
Total Non-interest Income310.90
Total Revenues634.80
Costs & Expenses
Restructuring, Accretion & impairment charges0.00
Depreciation & Amortization0.00
Total noninterest revenues135.60
Total Operating Expenses403.80
Total Costs & Expenses506.80
Income & Taxes
Income /-loss before income taxes231.00
Income taxes expenses/-benefit55.50
Income after income taxes175.50
Net income/-loss of other equity0.00
Income /-loss after income taxes175.50
Net Income/-loss175.50
Preferred dividends2.80
Income/-loss to shareholder172.70
Earnings Per Share
Basic EPS (excl. extra items)1.74
Basic Net EPS1.74
Basic shares outstanding (Mill. of Units)99.17
Diluted Net EPS1.72
Diluted average shares (Mill. of Units)100.43
Dividend per share0.35
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About CIT Quarterly Income Statement

What this statement shows

This page presents issuer-reported income statement data, detailing revenue, operating costs, expenses, and earnings as disclosed in SEC 10-Q filings and standardized by CSIMarket. The income statement reflects operating performance over a reporting period rather than financial position at a single date.

Revenue and expense treatment

Revenue and expense items are aligned to support period-to-period comparability. Operating and non-operating items, interest, and income taxes are classified based on issuer disclosures and XBRL tagging.

Source & verification

  • Source: SEC 10-Q filings
  • Filed with the SEC: n/a

Income statement figures represent operating results for each reporting period and may be revised in subsequent filings.