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Cit Group Inc   (CIT)
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Cit Group Inc Income Statement Quarterly

CIT

INCOME STATEMENT
(Quarterly GAAP In millions $)

(Jun 30 2020)
II. Quarter
(Dec 31 2019)
IV. Quarter
(Sep 30 2019)
III. Quarter
(Jun 30 2019)
II. Quarter
(Mar 31 2019)
I. Quarter
Interest and Fee Income, Loans and Leases 417.20 428.20 446.80 457.00 451.30
Interest and Dividend Income, Securities, Operating 29.70 53.20 56.60 58.50 65.20
Total Interest Income 446.90 481.40 503.40 515.50 516.50
Interest Expense, Deposits 138.30 511.20 173.80 173.90 153.80
Interest Expense, Long-term Debt 64.20 204.00 70.10 68.80 81.80
Total Interest Expense 137.20 117.10 117.90 125.10 129.20
Total Interest Expense 202.50 229.80 243.90 242.70 235.60
Net Interest Income 244.40 251.60 259.50 272.80 280.90
Provision for loan losses 223.60 22.60 26.60 28.60 33.00
Total Net Interest Income 20.80 229.00 232.90 244.20 247.90
Income from securities - - - - -
Operating Leases, Income Statement, Lease Revenue 200.90 215.30 211.70 213.00 217.70
Noninterest Income, Other Operating Income 102.60 111.30 101.00 106.10 96.80
Noninterest Income Other Operating Income Loss - - - - -
Extinguishment of Debt -14.80 0.10 0.10 0.20 0.10
Other Non-Interest Income 14.80 -0.10 -0.10 -0.20 -0.10
Total Noninterest Income 303.50 326.60 312.70 319.10 314.50
Total Revenues 324.30 555.60 545.60 563.30 562.40
Equipment expense - - - - -
Net occupancy expense - - - - -
Processing charges - - - - -
Professional services - - - - -
Restructuring & Other - - - - -
Depreciation - - - - -
Other noninterest expenses - - - - -
Noninterest Operating Expenses 360.40 - - - -
Total noninterest revenues 122.40 -737.50 - - -
Total Operating Expenses 482.80 375.70 428.80 393.10 405.40
Total Costs & Expenses 685.30 605.50 672.70 635.80 641.00
Income /-loss before income taxes -158.50 179.90 116.80 170.20 157.00
Income taxes expenses/-benefit -73.20 49.30 -26.00 33.40 37.80
Income after income taxes -85.30 130.60 142.80 136.80 119.20
Net income/-loss of other equity - -0.00 - - -
Income /-loss after income taxes -85.30 130.60 142.80 136.80 119.20
Stockholders Equity Attributable to Noncontrolling Interest - - - - -
Discontinued Operations - 0.50 - 0.80 -0.30
Net Income/-loss -85.30 130.60 142.80 137.60 118.90
   Noncontrolling interests - - - - -
   Prefered dividends 12.30 9.50 - 9.40 -
   Other - - - - -
Income/-loss to shareholder -97.60 121.10 142.80 128.20 118.90


Per Share (GAAP Quarterly, in $) (Jun 30 2020)
II. Quarter
(Dec 31 2019)
IV. Quarter
(Sep 30 2019)
III. Quarter
(Jun 30 2019)
II. Quarter
(Mar 31 2019)
I. Quarter
Basic EPS (excl. extra items) -0.99 1.28 1.51 1.32 1.19
   Extraordinary items 0.00 0.00 0.00 0.02 -0.01
Basic Net EPS -0.99 1.28 1.51 1.33 1.18
Basic shares outstanding (Mill. of Units) 98.44 94.69 94.73 96.17 100.42
   EPS other shares - - - - -
Diluted Net EPS -0.99 1.27 1.50 1.33 1.18
Diluted average shares (Mill. of Units) 98.44 95.09 95.02 96.48 101.10
Dividend per share - 0.455 0.357 0.454 0.254

       
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