CIT Group

CIT NYSE
50.09
-0.83
-1.63%
After Hours: 50.09 0 0.00% 17:53 07/17 EDT
Open
50.76
Prev Close
50.92
High
50.76
Low
49.85
Volume
628.10K
Avg Vol (3M)
666.22K
52 Week High
55.48
52 Week Low
35.50
% Turnover
0.65%
Market Cap
4.83B
1D
5D
1M
3M
1Y
5Y

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Company Profile

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, Non-Strategic Portfolios, and Corporate and Other. The Commercial Banking segment consists of four divisions: Commercial Finance, Rail, Real Estate Finance, and Business Capital. The Consumer Banking segment includes Retail Banking, Mortgage Lending, and SBA Lending (together referred to as Other Consumer Banking), and Legacy Consumer Mortgages (LCM). The Company's products and services include account receivables collection, acquisition and expansion financing, asset management and servicing, asset-based loans, debt underwriting and syndication, deposits, enterprise value and cash flow loans, equipment leases, factoring services and financial risk management.
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