CIT Group (CIT) Tops Q3 EPS by 20c

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CIT Announces Third Quarter 2017 Results

October 24, 2017 6:30 AM EDT

NEW YORK, Oct. 24, 2017 /PRNewswire/ --

Highlights:

Third quarter net income of $220 million or $1.61 per diluted common share; income from continuing operations of $223 million or $1.64 per diluted common share Excluding noteworthy items, third quarter income from continuing operations1 of $139 million or $1.02 per diluted common share Reached a definitive agreement to sell Financial Freedom, our reverse mortgage servicing business, and our reverse mortgage loan... More