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

Progress on Strategic Initiatives –

Buildings Are Located in Two Premier Chicago Submarkets Most Sought After by Technology Companies Looking for Creative Office Space

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

CIT Executive Spotlight Provides Insights on How Airlines Value New-Technology Aircraft

-Mesa Airlines Provides Regional Air Service for American Airlines and United Airlines -Mesa Is the Fourth-Largest Independent Regional Carrier in the U.S. and Plays a Crucial Role in the Overall U.S. Commercial Air Network -Mesa Flies More Than 616 Daily Departures for American and United to 105 Cities, 37 States, Canada and Mexico -The Airline Operates a Fleet of 122 Large Canadair and E-jet Regional Aircraft

-Based in Dallas, TX, Jordan Health Services Is One of the Nation’s Largest Providers of Home Healthcare and Hospice Services -Jordan Is a Portfolio Company of Palladium Equity Partners, LLC, a Private Equity Firm that Specializes in Middle-Market Companies

He Brings Deep Banking and Regulatory Experience to CIT

Will Drive Business Growth and Continue Delivery of Superior Customer Service

Continuum Healthcare, Through Its Affiliate Companies, Owns and Operates Skilled Nursing Facilities in NJ and PA

Advancing Strategies to Develop Talent and Corporate Culture Are Top Priorities

Financing Provided to TNREF III Parkway JV, a Joint Venture Between True North Management Group and Fulcrum Asset Advisors

- Will Lead CIT Commercial Services Activities in the Western United States

- LALCC Supports Economic Development in the Latino Community of the Greater Los Angeles Metropolitan Area

Lighthouse eDiscovery Is a Provider of Technology-Enabled Ediscovery Services

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

- The Sun Valley Group Is the Largest Supplier of Cut Flowers in the United States

- BKM Capital Partners Is an Irvine, CA, Based Real Estate Investment Firm Specializing in Commercial and Industrial Real Estate

CIT Executive Shares Insights on State of the Retail Sector

- Senior Secured Construction Loan for MC 19 East Houston LLC, a Joint Venture Between Madison Capital and Vornado Realty Trust

- Leveraging its Success in Large and Small Cap Restaurant Franchise Financing, CIT Has Announced The Launch of A Mid-Cap Practice

- Grant Provides Ongoing Support for COR Innovation Fund, a Micro Fund and Entrepreneurial Program Targeting At-Risk, Low-Income Youth in Orange County

CIT Executive Insights Video Features Matt Galligan, President, CIT Real Estate Finance

Facility Used to Finance Acquisition of Apartment Complex in Sacramento, California

- Blue Wolf Is a Private Equity Firm That Specializes in Responsibly Transforming Companies

CIT Executive Shares Insights on Healthcare Sector

CIT Executive Shares Insights on State of the Capital Markets

CIT Releases Exclusive 2016 Commercial Real Estate Outlook

- Public Is Invited to View Collection of Historic and New Photography of the Danville, Virginia, Area Commissioned by CIT

Banking Industry Executive to Lead Technology Transformation

Additional Strategic Appointments Made to Originations, Underwriting and Asset Management Roles

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)

CIT Releases Exclusive 2016 Middle Market Healthcare Outlook

Banking Veteran to Lead Growth Initiatives in California

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

Tailored Financing and Fleet Rental Program for Full Line of LiuGong Products and Services

Third Annual Event Supports Life-Saving Program

- Roadmap to Achieve 10 Percent Return on Tangible Common Equity (ROTCE) by 2018

Since 1978, LifeFlight® Has Played An Important Role In Saving The Lives Of Children in Southern Florida And Parts Of The Caribbean

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

- Superior Biologics is a Leading Home Infusion and Specialty Pharmacy Provider

Expands Team with Industry Leaders in Originations, Underwriting and Asset Management

CIT Executives Share Insights on Generational Shift in Twin-Aisle Aircraft

- Ellen R. Alemany to Serve as Chairwoman

- Vertical/Trigen Is a Specialty Pharmaceutical Company and a Portfolio Company of Avista Capital Partners, a Leading Private Equity Firm

CIT and the California Fashion Association Release Third “L.A. Area Fashion Industry Profile,” Featuring Inaugural L.A. Apparel Survey

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

-T5 Data Centers Is a National Data Center Provider Offering Server-Ready and Rapid Deployment Enterprise-Grade Data Centers

- AdvoServ Operates Residential Group Homes for the Treatment of Individuals with Acute Intellectual and Developmental Disabilities

CIT Executive Shares Insights on Retail Sector

- Ellen R. Alemany Appointed Chief Executive Officer and President of CIT Bank, N.A.

Facility Supports the Acquisition of a Fleet of Chemical Tankers

Facility Supports Refinancing of Jones Act Product and Shuttle Tankers

- Award Recognizes Fesq for His Work to Enhance CIT’s Data Management to Comply with New Regulatory Requirements

- Mobilitie Is the Nation’s Largest Privately-Held Wireless Infrastructure Provider