CIT GROUP INC. (NYSE:CIT) Files An 8-K Regulation FD DisclosureItem 7.01.
This Current Report on Form 8-K includes as an exhibit certain presentation slides that will be presented by CIT Group Inc. (“CIT” or the “Company”)management to the Credit Suisse 19th Annual Financial Services Forum on February14, 2018 (the “Credit Suisse Forum”). The presentation slides are attached as Exhibit 99.1. A live webcast of the presentation at the Credit Suisse Forum, in addition to the presentation slides, will be available on the Investor Relations section of the CIT website at http://ir.cit.com on February14, 2018 at 8:00 a.m. Eastern Standard Time. A replay of the presentation will be available on the website for a period of 45 days following the event. The presentation slides in Exhibit 99.1 are furnished to Item 7.01 and shall be considered furnished, not filed, for purposes of the Securities Exchange Act of 1934, as amended.
Section9 – Financial Statements and Exhibits
|Item 7.01.||Financial Statements and Exhibits.|
This Form 8-K contains forward-looking statements within the meaning of applicable federal securities laws that are based upon our current expectations and assumptions concerning future events, which are subject to a number of risks and uncertainties that could cause actual results to differ materially from those anticipated. The words “expect,” “anticipate,” “estimate,” “forecast,” “initiative,” “objective,” “plan,” “goal,” “project,” “outlook,” “priorities,” “target,” “intend,” “evaluate,” “pursue,” “commence,” “seek,” “may,” “would,” “could,” “should,” “believe,” “potential,” “continue,” or the negative of any of those words or similar expressions is intended to identify forward-looking statements. All statements contained in this Form 8-K, other than statements of historical fact, including without limitation, statements about our plans, strategies, prospects and expectations regarding future events and our financial performance, are forward-looking statements that involve certain risks and uncertainties. While these statements represent our current judgment on what the future may hold, and we believe these judgments are reasonable, these statements are not guarantees of any events or financial results, and our actual results may differ materially. Important factors that could cause our actual results to be materially different from our expectations include, among others, the risk that (i)CIT is unsuccessful in implementing its strategy and business plan, (ii)CIT is unable to react to and address key business and regulatory issues, (iii)CIT is unable to achieve the projected revenue growth from its new business initiatives or the projected expense reductions from efficiency improvements, (iv)CIT becomes subject to liquidity constraints and higher funding costs, or (v)the parties to a transaction do not receive or satisfy regulatory or other approvals or conditions on a timely basis or approvals are subject to conditions that are not anticipated. We describe these and other risks that could affect our results in Item 1A, “Risk Factors,” of our latest Annual Report on Form 10-K for the year ended December31, 2016, which was filed with the Securities and Exchange Commission. Accordingly, you should not place undue reliance on the forward-looking statements contained in this Form 8-K. These forward-looking statements speak only as of the date on which the statements were made. CIT undertakes no obligation to update publicly or otherwise revise any forward-looking statements, except where expressly required by law.
CIT GROUP INC ExhibitEX-99.1 2 d481030dex991.htm EX-99.1 EX-99.1 Credit Suisse Financial Services Forum Wednesday,…To view the full exhibit click
About CIT GROUP INC. (NYSE:CIT)
CIT Group Inc. (CIT) is a bank holding company. The Company, together with its subsidiaries, provides financing, leasing and advisory services to middle market companies in a range of industries in North America, and equipment financing and leasing solutions to the transportation industry around the world. The Company’s segments include North America Banking (NAB), including Commercial Real Estate, Commercial Banking and Consumer Banking divisions; Transportation & International Finance (TIF), including Aerospace, Rail, Maritime Finance and International Finance divisions, and Legacy Consumer Mortgages (LCM), which includes single-family residential mortgage (SFR) loans and reverse mortgage loans. CIT products and services include account receivables collection; equipment leases; acquisition and expansion financing; factoring services; financial risk management; asset management and servicing; asset-based loans; insurance services; credit protection; debt restructuring, and deposits.