Goldman Sachs US Financial Services Conference 2014 John Thain, Chairman & Chief Executive Officer December 9, 2014
Executing on our Priorities to Enhance Return on Equity Strong Commercial Franchises Transportation & International Finance 22% y/y growth Grow Existing Businesses North American Commercial Finance 12% y/y growth Adjacencies…
Transportation & International Finance Portfolio Assets (B) Pre-tax Income (M)* Pre-tax Return on Assets* 19.1 578 3.7% 16.4 466 3.3% 3.1% 14.9 420 2012 2013 3Q '14 2012 2013 YTD '14 2012 2013 YTD '14 22% year over year…
North American Commercial Finance Portfolio Assets (B) Pre-tax Income (M)* Pre-tax Return on Assets* 16.4 703 6.2% 15.0 13.3 373 2.9% 197 1.8% 2012 2013 3Q '14 2012 2013 YTD '14 2012 2013 YTD '14 12% year over year asset…
Case Study: Corporate Finance Kellermeyer Bergensons Services (KBS) Strong Relationships & Industry Expertise Transaction Overview: CIT Sponsor Finance has had a relationship with members of GI Partners for over 15 years, and led…
Case Study: Maritime Finance Tanker Solutions Successful Growing July 2013 Relationship Senior Secured Term Financing was provided for one LR1 one vessel LR1 vessel Tanker Solutions is a JV between an established operator…
Nacco A Unique Opportunity Nacco European rail market continues to develop and has become more attractive Unique opportunity to acquire an existing platform with a diverse and attractive fleet and a highly experienced management…
Direct Capital A Leading Technology Driven Lender Key Highlights Innovative Technology Driven Processes Commercial Focus Facilitates increased SMB (1) sales for partners with speed, control, and visibility Small/micro-ticket deals…
Exiting Non-Strategic Portfolios to Improve ROE Finance and Leasing Assets (1) Finance and Leasing Assets (1) Total 4.4B (as of 3/31/14) Total 0.6B (as of 9/30/14) ( Billions) Europe ( Billions) 0.2 Latin SBL America 0.4 0.5…
Commercial Franchises Performing In Line With Near-term ROAEA Target of 2% YTD 2014 Highlights ( Millions) Commercial Franchises (1) + Portfolio Repositioning (3) Total CIT CIT Corporate (2) Pre-tax Income Pre-tax income:…
Acquisition of OneWest Bank - Delivering On Our Strategic Agenda Creates a Commercial Bank Holding Company With 70 Billion in Assets CIT Bank more than doubles in size Advances Our Adds over 70 branches in the Los Angeles, CA area…
CIT Will Be Majority Deposit Funded CIT OneWest Pro Forma Total Funding Secured debt FHLB FHLB 20% 21% 7% Secured debt 13% Unsecured Deposits Deposits Unsecured Deposits debt 43% 79% debt 56% 37% 24% Total: 33 billion /…
Commercial Banking Opportunities from OneWest Acquisition Commercial Banking Offers Cash Management Services and Deposit Products to Commercial Customers Cash Management Services Deposit Products Account management Reporting Deposit…
Improving Our Return on Tangible Common Equity Pro Forma - 2016 Acquisition of Remaining OneWest VA Reversal Profitability Initiatives and Capital Returns Impact of Partial 8.7% VA Reversal (2) 0.3% Impact of Portfolio…
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