CIT Group (CIT) Reports Q1 EPS of $0.54

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CIT Announces First Quarter 2017 Results

April 25, 2017 6:30 AM EDT

NEW YORK, April 25, 2017 /PRNewswire/ --

Highlights:

First quarter net income of $180 million or $0.88 per diluted share; income from continuing operations of $78 million or $0.38 per diluted share First quarter net income excluding noteworthy items1 of $163 million or $0.80 per diluted share; income from continuing operations excluding noteworthy items1 of $109 million or $0.54 per diluted share Operating trends remain stable Commercial Banking Financing and Leasing assets up 1% Continued strong net finance margin Credit trends remain stable Tangible... More