CIT Group (CIT) Income Statement

Click line-items for a historical chart and %

Interest income
Interest and fees on loans	457.6M
Interest and dividends on investments	32.5M
Interest income	490.1M
Interest expense
Interest on long-term borrowings	-180M
Interest on deposits	-99.4M
Interest expense	-279.4M
Net interest revenue	210.7M
Provision for credit losses	-46.2M
Net interest revenue, after credit provision	164.5M
Other income
Rental income on operating leases	563.6M
Other
Total other income	637.5M
Total revenue, net of interest expense and credit provision
Other expenses
Depreciation on operating lease equipment
Operating Expenses	-332M
Total other expenses	-576.6M
Income before provision for income taxes
Provision for income taxes
Net income before attribution of noncontrolling interests
Net income attributable to noncontrolling interests, after tax
Net (loss) income
Basic (loss) earnings per common share	0.66
Diluted (loss) earnings per common share	0.65
Average number of common shares - basic (thousands)	202.04M
Average number of common shares - diluted (thousands)	202.76M

Entities mentioned with CIT