for-phone-onlyfor-tablet-portrait-upfor-tablet-landscape-upfor-desktop-upfor-wide-desktop-up

CIT Group Inc.

CIT.N

Latest Trade

50.47USD

Change

-1.28(-2.47%)

Volume

242,409

Today's Range

50.04

 - 

51.69

52 Week Range

15.66

 - 

55.75

As of on the New York Stock Exchange ∙ Minimum 15 minute delay

Latest Developments

Kkr Launches AV AirFinance

June 11 (Reuters) - KKR & Co Inc <KKR.N>::KKR LAUNCHES AV AIRFINANCE, A NEW COMMERCIAL AVIATION LENDING PLATFORM.KKR & CO INC - TO SUPPORT LAUNCH, KKR AND AV AIRFINANCE HAVE AGREED TO PURCHASE A NEARLY $800 MILLION PORTFOLIO OF AVIATION LOANS FROM CIT GROUP.KKR & CO INC - PORTFOLIO ACQUISITION FROM CIT IS BEING FUNDED BY SEPARATE ACCOUNTS MANAGED BY KKR.KKR - CO, AV AIRFINANCE TO BUY NEARLY $800 MILLION PORTFOLIO OF AVIATION LOANS FROM CIT GROUP, INCLUDING OVER 50 LOANS FOR ABOUT 60 COMMERCIAL AIRCRAFT.

CIT Announces First Quarter Financial Results

April 28 (Reuters) - CIT Group Inc <CIT.N>::CIT ANNOUNCES FIRST QUARTER FINANCIAL RESULTS.CIT GROUP INC - Q1 NET INCOME TO COMMON SHAREHOLDERS OF $301 MILLION OR $3.04 PER SHARE.CIT GROUP INC - EXCLUDING NOTEWORTHY ITEMS, Q1 NET INCOME AVAILABLE TO COMMON SHAREHOLDERS OF $245 MILLION OR $2.47 PER SHARE.CIT GROUP INC - Q1 TOTAL NET REVENUE $557 MILLION VERSUS $496 MILLION.

CIT Announces Fourth Quarter Loss Per Share Of $0.04

Jan 26 (Reuters) - CIT Group Inc <CIT.N>::CIT ANNOUNCES FOURTH QUARTER AND FULL YEAR 2020 FINANCIAL RESULTS.QTRLY LOSS PER SHARE $0.04.EXCLUDING NOTEWORTHY ITEMS, Q4 NET INCOME AVAILABLE TO COMMON SHAREHOLDERS OF $148 MILLION OR $1.50 PER DILUTED COMMON SHARE.QTRLY TOTAL NET REVENUE $496 MILLION VERSUS $461 MILLION.QTRLY TANGIBLE BOOK VALIUE PER COMMON SHARE $51.34.Q4 EARNINGS PER SHARE VIEW $0.57 -- REFINITIV IBES DATA.

CIT Serves as Sole Lender on $25 Million Revolving Credit Facility for KMS

Dec 3 (Reuters) - CIT Group Inc <CIT.N>::CIT SERVES AS SOLE LENDER ON $25 MILLION REVOLVING CREDIT FACILITY FOR KMS.

CIT Group Reports Qtrly Earnings Per Share Of $0.84

Oct 16 (Reuters) - CIT Group Inc <CIT.N>::CIT ANNOUNCES THIRD QUARTER 2020 FINANCIAL RESULTS.QTRLY EARNINGS PER SHARE $0.84.QTRLY NET REVENUE $474 MILLION VERSUS $454 MILLION.Q3 REVENUE VIEW $448.1 MILLION -- REFINITIV IBES DATA.

First Citizens Bancshares And CIT Group Announce Partnership To Create A Commercial Bank

Oct 16 (Reuters) - CIT Group Inc <CIT.N>::FIRST CITIZENS BANCSHARES, INC. AND CIT GROUP INC. ANNOUNCE TRANSFORMATIONAL PARTNERSHIP TO CREATE A TOP-PERFORMING COMMERCIAL BANK.CIT GROUP INC - COMPANIES WILL COMBINE IN AN ALL-STOCK MERGER OF EQUALS.CIT GROUP INC - CIT STOCKHOLDERS WILL RECEIVE 0.0620 SHARES OF FIRST CITIZENS CLASS A COMMON STOCK FOR EACH SHARE OF CIT COMMON STOCK THEY OWN.CIT GROUP INC - FIRST CITIZENS STOCKHOLDERS WILL OWN APPROXIMATELY 61% OF COMBINED CO.CIT GROUP INC - COMBINED COMPANY WILL OPERATE UNDER FIRST CITIZENS NAME AND WILL TRADE UNDER FIRST CITIZENS TICKER SYMBOL FCNCA ON NASDAQ.CIT GROUP INC - FRANK HOLDING, JR., CHAIRMAN AND CEO OF FIRST CITIZENS, WILL RETAIN SAME ROLES AT COMBINED COMPANY.CIT GROUP INC - ELLEN R. ALEMANY, CHAIRWOMAN AND CEO OF CIT, WILL ASSUME ROLE OF VICE CHAIRWOMAN OF COMBINED CO.CIT GROUP INC - TRANSACTION IS TARGETED TO DELIVER IN EXCESS OF 50% EPS ACCRETION ONCE COST SAVINGS ARE FULLY PHASED IN.CIT GROUP INC - COMPANIES HAVE IDENTIFIED APPROXIMATELY 10% IN TARGETED PRO FORMA COMBINED NONINTEREST EXPENSE SAVINGS..CIT GROUP INC - ON A PRO FORMA BASIS, COMBINED CO TARGETS DELIVERING ROTCE OF APPROXIMATELY 13%.

CIT Announce Expansion Of Credit Facility To $400 Mln For Mobilitie

Oct 15 (Reuters) - CIT Group Inc <CIT.N>::CIT LEADS EXPANSION OF CREDIT FACILITY TO $400 MILLION FOR MOBILITIE.CIT GROUP INC - EXPANSION OF AN EXISTING CREDIT FACILITY TO $400 MILLION BY MOBILITIE INVESTMENTS III LLC.

CIT Group Reports Qtrly Loss Per Share $0.99

July 21 (Reuters) - CIT Group Inc <CIT.N>::CIT ANNOUNCES SECOND QUARTER 2020 FINANCIAL RESULTS.QTRLY LOSS PER SHARE $0.99.QTRLY ADJUSTED LOSS PER SHARE $0.62.QTRLY TOTAL NET REVENUE $411 MILLION VERSUS $467 MILLION.Q2 EARNINGS PER SHARE VIEW $-0.50, REVENUE VIEW $427.6 MILLION -- REFINITIV IBES DATA.QTRLY TANGIBLE BOOK VALUE PER SHARE OF $49.93.QTRLY PROVISION FOR CREDIT LOSSES OF $224 MILLION, DOWN FROM $514 MILLION IN PRIOR QUARTER.CIT GROUP - TOTAL LOANS & LEASES DECREASED DURING QUARTER, PRIMARILY DUE TO DECLINE IN CUSTOMER RECEIVABLES WITHIN CO'S FACTORING BUSINESS.

CIT Northbridge Credit Serves As Sole Lender On $20 Million Credit Facility For Marquis Construction

June 17 (Reuters) - CIT Group Inc <CIT.N>::CIT NORTHBRIDGE CREDIT SERVES AS SOLE LENDER ON $20 MILLION CREDIT FACILITY FOR MARQUIS CONSTRUCTION.

CIT Leads $225 Mln Letter Of Credit Facility For 8Minute Solar Energy To Support Its Renewable Energy Development Projects

June 1 (Reuters) - CIT Group Inc <CIT.N>::CIT LEADS $225 MILLION LETTER OF CREDIT FACILITY FOR 8MINUTE SOLAR ENERGY TO SUPPORT ITS RENEWABLE ENERGY DEVELOPMENT PROJECTS.

Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.

for-phone-onlyfor-tablet-portrait-upfor-tablet-landscape-upfor-desktop-upfor-wide-desktop-up