Edition:
United States

CIT Group Inc (CIT.N)

CIT.N on New York Stock Exchange

47.81USD
23 Jun 2017
Change (% chg)

$-0.04 (-0.08%)
Prev Close
$47.85
Open
$48.11
Day's High
$48.16
Day's Low
$47.63
Volume
734,420
Avg. Vol
669,200
52-wk High
$49.20
52-wk Low
$28.34

CIT.N

Chart for CIT.N

About

CIT Group Inc. (CIT) is a bank holding company (BHC) and a financial holding company (FHC). The Company, together with its subsidiaries, provides financing, leasing and advisory services to middle market companies in a range of industries in North America. The Company's segments include Commercial Banking, Consumer Banking,... (more)

Overall

Beta: 1.50
Market Cap(Mil.): $9,692.85
Shares Outstanding(Mil.): 202.74
Dividend: 0.15
Yield (%): 1.25

Financials

  CIT.N Industry Sector
P/E (TTM): -- 21.39 29.55
EPS (TTM): -0.82 -- --
ROI: -- 0.01 0.46
ROE: -1.55 16.30 15.85

BRIEF-CIT announces $550 mln of additional capital actions

* Announced additional actions that return $550 million of capital through an open market repurchase program, accelerated share repurchase agreement

Jun 15 2017

BRIEF-CIT reports pricing of $325 mln of preferred stock

* CIT Group-pricing of offering of 325,000 shares of fixed-to-floating rate non-cumulative perpetual preferred stock, series a at a price of $1,000/ share Source text for Eikon: Further company coverage:

May 31 2017

Fitch Expects to Rate CIT Group's Preferred Stock 'B'

(The following statement was released by the rating agency) NEW YORK, May 31 (Fitch) Fitch Ratings has assigned an expected rating of 'B(EXP)' to CIT Group Inc.'s (CIT) perpetual preferred securities. The preferred securities are expected to be subordinate to existing and future indebtedness but senior to common units. Distributions, when and if declared by the board of directors, will be payable semi-annually until June 15, 2022, after which distributions will be payable quarterly. Distribution

May 31 2017

BRIEF-CIT PROVIDES $46 MILLION IN FINANCING TO MENIN DEVELOPMENT

* CIT GROUP INC SAYS ITS REAL ESTATE FINANCE BUSINESS PROVIDED A $46 MILLION SENIOR SECURED CREDIT FACILITY TO MENIN DEVELOPMENT

May 09 2017

BRIEF-CIT announces cash tender offer for up to $2.75 mln of its common stock

* CIT announces cash tender offer for up to $2,750,000,000 of its common stock

Apr 27 2017

BRIEF-CIT Q1 earnings per share $0.80 excluding items

* Q1 earnings per share $0.54 from continuing operations excluding items

Apr 25 2017

BRIEF-CIT Group Inc redeems about $4.84 bln of unsecured debt

* CIT announces redemption of approximately $4.84 billion of its unsecured debt

Apr 04 2017

BRIEF-CIT Group Steven Mnuchin received total compensation of $11.24 mln in 2016

* CIT Group Inc - Steven Mnuchin received total compensation of $11.24 million in 2016 - sec filing Source text (http://bit.ly/2oelBsR) Further company coverage:

Mar 30 2017

BRIEF-CIT agrees to sell stake in TC-CIT aviation joint ventures

* Cit reaches agreement to sell stake in tc-cit aviation joint ventures

Mar 09 2017

BRIEF-CIT Group Inc files for non timely 10-k

* Cit group inc - has not yet completed its assessment of the effectiveness of its internal controls over financial reporting as of december 31, 2016

Mar 01 2017

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