First Half USA 23-07-2004 CIT reports 38.7% increase in first half net income CIT Group Inc. reported net income of $176.6 million for the second quarter, an increase from $136.9 million. Diluted earnings per share were $0.82 for the quarter, up 26% over… Sign in or Upgrade to Continue Reading This news article is over 10 days old. Subscribe today to access all articles with an annual subscription. Become a member Learn more Already a subscriber? Log in here