CIT Group Inc.
New York Stock Exchange•
in mil. unless spec.•
in mil. unless spec.•
in mil. unless spec.•
in mil. unless spec.•
in mil. unless spec.•
in mil. unless spec.Company Description
- CEO
- Ms. Ellen Alemany
- Full Time Employees
- 3,812
- Sector
- Financial Services
- Industry
- Banks - Regional
- Address
- 1 Cit Dr Livingston NEW JERSEY United States of America 10036
- IPO Date
- Jul 1, 2002
- CIK
- 0001171825
- Website
- cit.com
- Similar Companies
- Business
- CIT Group Inc. operates as the holding company for CIT Bank, N.A. that provides banking and related services to commercial and individual customers. The company operates through Commercial Banking and Consumer Banking segments. The Commercial Banking segment provides a range of commercial lending, leasing, and deposit products; loans comprising revolving lines of credit, term loans, unsecured loans, collateral-backed loans, asset-based loans, commercial real estate loans, and cash flow loans; and ancillary services and products, including cash management, capital markets, and advisory services primarily to small and middle market companies. This segment also offers asset management, factoring, receivable management, and secured financing services; supply chain financing, leasing and equipment financing to small businesses and middle market, and railroads and shippers. The Consumer Banking segment provides checking, savings, money market, and individual retirement accounts; time deposits and certificates of deposit; residential mortgage loans; small business administration loans; payment solutions; and fiduciary services. The company also offers leasing and advisory, and online banking services. It operates through a network of approximately 60 branches located in southern California. CIT Group Inc. was founded in 1908 and is based in New York, New York.
Company News
LeafHouse Announces Alta Trust's CIT Featuring Private Investments Managed by Apollo and Franklin Templeton
CIT Northbridge Credit Provides $45 Million to MacPherson's
CIT Commercial Services Provides Up to $48 Million in Financing to Crown Crafts
CIT Northbridge Credit Provides $40 Million to B&W Fiber Glass Inc.
CIT Northbridge Credit Provides $35 Million to Network Wireless Solutions
CIT Northbridge Credit Provides $75 Million to Cisco Equipment Rentals
CIT Serves as Co-Lead on $85 Million in Financing for NineDot Energy
CIT Northbridge Credit Provides $27.78 Million Credit Facility to Applied Optoelectronics
Northern Trust Selected by Wilmington Trust to Support Market-Leading Collective Investment Trust (CIT) Platform
First Citizens (FCNCA) Closes Merger Agreement With CIT Group
Calix Set to Join S&P MidCap 400; Douglas Elliman to Join S&P SmallCap 600
CIT Provides $35.5 Million to Greenyield Shipping LLC
First Citizens' Long-Delayed Merger With CIT Is Approved. The Stock Is Climbing.
FIRST CITIZENS, CIT ANNOUNCE RECEIPT OF REGULATORY APPROVALS FOR MERGER
CIT Arranges $34 Million in Financing for Senior Housing Community in Arizona
CIT Provides $6.3 Million Financing to Diamond Communications LLC
CIT donates 1.5 million meals to Feeding America® this holiday season
CIT Leads Refinancing of $69 Million Strata Clean Energy Portfolio
CIT Serves as Coordinating Lead Arranger for $210 Million Financing for Brazoria West Solar Project in Texas
Why Is CIT (CIT) Up 8.9% Since Last Earnings Report?