Exits last ongoing overseas operation and outlines plan to further optimize funding

Conference Call and Audio Webcast Scheduled for 8 a.m. ET, Oct. 23

Conference Call and Audio Webcast Scheduled for 8 a.m. ET, July 24

- Completed the sale of the reverse mortgage business and related loan portfolio

Conference Call and Audio Webcast Scheduled for 8 a.m. ET, April 24

Conference Call and Audio Webcast Scheduled for 8 a.m. ET, Jan. 30

Conference Call and Audio Webcast Scheduled for 8 a.m. EDT

Board approves common stock repurchase plan

Conference Call and Audio Webcast Scheduled for 8 a.m. EDT

Plan includes common equity dividends and share repurchases

Conference Call and Audio Webcast Scheduled for 8 a.m. EDT

Conference Call and Audio Webcast Scheduled for 8 a.m. EST

CIT Executive Insights Video Discusses Results of Annual CIT Voice of the Middle Market Survey

CIT Releases Annual Voice of the Middle Market Study Highlighting the Perspectives of U.S. Middle Market Executives

Progress on Strategic Initiatives –

Conference Call and Audio Webcast Scheduled for 8:00 AM EDT

-$10.0 Billion Purchase Price Represents 6.7% Premium to Net Assets -CIT Intends to Return up to $3.3 Billion of Common Equity to Shareholders and Undertake Certain Related Liability Management Actions -Transaction Expected to Close by the End of the First Quarter of 2017 -Advances CIT’s Strategy to Create a Leading National Middle-Market Bank

Net Income includes After-Tax Charges of ($163) million ($0.80) Per Diluted Share Related to Discontinued Operations – Increased Interest Curtailment Reserve and related contingent liabilities in Financial Freedom, the reverse mortgage servicing business that was part of the OneWest Bank acquisition in 2015;

Conference Call and Audio Webcast Scheduled for 8:00 AM EDT

CIT Reports First Quarter 2016 Net Income of $147 Million ($0.73 Per Diluted Share); Income from Continuing Operations of $152 Million ($0.75 Per Diluted Share)

Conference Call and Audio Webcast Scheduled for 8:00 AM EST

Results Include After-Tax Charges of $76 million ($0.38) Per Diluted Share Related to Strategic Initiatives and Restructuring Charges – Completed sale of Brazil business, streamlined senior management structure and recognized a tax benefit on a previously sold international portfolio;

Conference Call and Audio Webcast Scheduled for 8:00 AM EST

Income from Continuing Operations of $697 Million ($3.63 Per Diluted Share)

Conference Call and Audio Webcast Scheduled for 8:00 AM EST

Previously Announced OneWest Bank Acquisition Expected to Close on August 3, 2015 – Received regulatory approvals; creates financial holding company with more than $65 billion in assets;

Conference Call and Audio Webcast Scheduled for 8:00 AM EDT

Pre-tax Income of $148 million – Pre-tax income rose 20% from the year-ago quarter while net income declined 12% due to a higher effective tax rate;

Conference Call and Audio Webcast Scheduled for 8:00 AM EDT

Fourth Quarter Highlights

Fourth Quarter Highlights

Conference Call and Audio Webcast Scheduled for 8:00 AM EST

Solid Commercial Franchise Performance – Combined North American Commercial Finance and Transportation & International Finance financing and leasing assets grew 17% from a year ago; Pre-tax ROAEA over 2%;

Conference Call and Audio Webcast Scheduled for 8:00 AM EDT

Follows Company’s Success in Repurchasing $745 Million of Common Stock Since 2013

Solid Asset Growth – Finance and leasing assets grew 10% from a year ago;

Increases Dividend by 50% Over Previous Quarterly Cash Dividend

Conference Call and Audio Webcast Scheduled for 8:00 AM EDT

Strong Asset Growth – Finance and leasing assets in Transportation & International Finance and North American Commercial Finance grew 11% from a year ago;

Conference Call and Audio Webcast Scheduled for 8:00 AM EDT

Full Year Net Income of $676 Million ($3.35 Per Diluted Share)

Extends Remaining $7 Million from 2013 Authorization

Conference Call and Audio Webcast Scheduled for 8:00 AM EST

Third Quarter Financial Highlights