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CIT Group Allowance For Loans And Lease Losses

: $-1,206 Mil (As of Sep. 2020)
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CIT Group's Allowance For Loans And Lease Losses for the quarter that ended in Sep. 2020 was $-1,206 Mil.

CIT Group's quarterly Allowance For Loans And Lease Losses declined from Mar. 2020 ($-1,111 Mil) to Jun. 2020 ($-1,203 Mil) and declined from Jun. 2020 ($-1,203 Mil) to Sep. 2020 ($-1,206 Mil).

CIT Group's annual Allowance For Loans And Lease Losses declined from Dec. 2017 ($-431 Mil) to Dec. 2018 ($-490 Mil) but then increased from Dec. 2018 ($-490 Mil) to Dec. 2019 ($-483 Mil).

CIT Group Allowance For Loans And Lease Losses Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

* Premium members only.

CIT Group Annual Data
Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
Allowance For Loans And Lease Losses Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -347.00 -432.60 -431.10 -489.70 -482.60

CIT Group Quarterly Data
Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20
Allowance For Loans And Lease Losses Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -486.20 -482.60 -1,111.10 -1,202.70 -1,206.20

CIT Group Allowance For Loans And Lease Losses Calculation

Allowance For Loans And Lease Losses is a contra account sets aside as an allowance for bad loans.

CIT Group Allowance For Loans And Lease Losses Related Terms

CIT Group Allowance For Loans And Lease Losses Headlines

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