CIT GROUP INC. (NYSE:CIT) Files An 8-K Results of Operations and Financial Condition

Item 2.02. Results of Operations and Financial Condition.

This Current Report on Form 8-K includes as an exhibit a press
release, dated January 31, 2017, reporting the financial results
of CIT Group Inc. (the Company) as of and for the quarter ended
and year ended December 31, 2016. The press release is attached
as Exhibit 99.1. This press release includes certain non-GAAP
financial measures. A reconciliation of those measures to the
most directly comparable GAAP measures is included as a table to
the press release. The information reported under this Item 2.02,
including Exhibit 99.1, shall be considered furnished for
purposes of the Securities Exchange Act of 1934, as amended (the
Exchange Act).

Section 7 Regulation FD

Item 7.01. Regulation FD Disclosure.

In addition, this Form 8-K includes a copy of the Companys
presentation to analysts and investors of its Fourth Quarter 2016
Financial Results for the quarter ended December 31, 2016, which
is attached as Exhibit 99.2. The information included in Exhibit
99.2 shall not be considered filed for purposes of the Exchange
Act. The Company also provides supplementary financial
information on its website, which is not incorporated by
reference in this Form 8-K.

Section 9 Financial Statements and Exhibits

Item 9.01. Financial Statements and Exhibits.

Forward-Looking Statements

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, (i) the risk that Bohai
shareholders do not approve the transaction or the parties do not
receive or satisfy regulatory or other approvals and conditions
on a timely basis or approvals are subject to conditions that are
not anticipated, (ii) the risk that modifications to the terms of
the transaction may be required in order to obtain or satisfy
such approvals or conditions, (iii) the risk that the transaction
does not close or that there are changes in the anticipated
timing for closing the transaction, (iv) the risk that there are
difficulties, delays or unexpected costs in separating Commercial
Air from CIT or in implementing the transaction, (v) the risk of
business disruption during the pendency of or following the
transaction, including diversion of management time, (vi) the
risk that CIT is unsuccessful in implementing its Amended Capital
Plan on the timing and terms contemplated, (vii) the risk that
CIT is unsuccessful in implementing its strategy and business
plan, (viii) the risk that CIT is unable to react to and address
key business and regulatory issues, (ix) the risk that CIT is
unable to achieve the projected revenue growth from its new
business initiatives or the projected expense reductions from
efficiency improvements, and (x) the risk that CIT becomes
subject to liquidity constraints and higher funding costs. 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 December 31, 2015, 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.

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.

CIT GROUP INC. (NYSE:CIT) Recent Trading Information

CIT GROUP INC. (NYSE:CIT) closed its last trading session down -0.42 at 41.84 with 1,852,275 shares trading hands.