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Data

- Earnings
- Ratings (4.4 Score)
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- Dividends (2.6% Yield)
- Event Driven Deals

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Income Statement
Balance Sheet
Cash Flow Statement

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CIT Balance Sheet

Click line-items for a historical chart and %
Assets
Cash and due from banks 920.5M
Interest bearing deposits, including restricted balances of $2,425.8 at June 30, 2011 and $2,553.8 at December 31, 2010(1) 6.51B
Investment securities 3.59B
Trading assets at fair value - derivatives
Assets held for sale
Loans (see Note 5 for amounts pledged) 29.92B
Allowance for loan losses -421.7M
Total loans, net of allowance for loan losses 29.5B
Operating lease equipment, net (see Note 5 for amounts pledged) 16.95B
Unsecured counterparty receivable
Goodwill 1.17B
Intangible assets, net 161.3M
Other assets 3.32B
Total Assets 65.97B
Liabilities
Deposits 32.85B
Trading liabilities at fair value - derivatives
Credit balances of factoring clients 1.23B
Other liabilities 3.17B
Long-term borrowings, including $2,487.5 and $3,686.3 contractually due within twelve months at June 30, 2011 and December 31, 2010, respectively 16.55B
Total Liabilities 54.73B
Common stock: $0.01 par value, 600,000,000 authorized Issued: 200,863,106 at June 30, 2011 and 200,690,938 at December 31, 2010 Outstanding: 200,579,734 at June 30, 2011 and 200,463,197 at December 31, 2010 2.1M
Paid-in capital 8.76B
Retained earnings 2.76B
Accumulated other comprehensive income -104.2M
Treasury stock: 283,372 shares at June 30, 2011 and 227,741 at December 31, 2010, at cost -178M
Total Common Stockholders' Equity 11.24B
Noncontrolling minority interests 500K
Total Equity 11.24B
Total Liabilities and Equity 65.97B
Assets
Interest bearing deposits, including restricted balances of $2,425.8 at June 30, 2011 and $2,553.8 at December 31, 2010(1)
Assets held for sale
Total loans, net of allowance for loan losses 2.06B
Operating lease equipment, net (see Note 5 for amounts pledged) 3.72B
Total Assets 6.05B
Liabilities
Beneficial interests issued by consolidated VIEs (classified as long-term borrowings) 3.06B
Total Liabilities 3.06B