CIT Group Inc. announced earnings results for the fourth quarter ended December 31, 2020. For the fourth quarter, the company announced net interest income was USD 275.6 million compared to USD 251.6 million a year ago. Net income was USD 8.6 million compared to USD 130.6 million a year ago. Basic loss per share from continuing operations was USD 0.04 compared to basic earnings per share from continuing operations of USD 1.27 a year ago. For the full year, net interest income was USD 1,065.7 million compared to USD 1,064.8 million a year ago. Net loss was USD 615.3 million compared to net income of USD 529.9 million a year ago. Basic loss per share from continuing operations was USD 6.57 compared to basic earnings per share from continuing operations of USD 5.27 a year ago.