Our Terms of Service and Privacy Policy have changed.

By continuing to use this site, you are agreeing to the new Privacy Policy and Terms of Service.

36.14
BATS BZX Real-Time Price
As of 10:59am ET
 -0.03 / -0.08%
Today’s Change
25.19
Today|||52-Week Range
46.51
-8.97%
Year-to-Date
SECTOR
Finance
INDUSTRY
Finance/Rental/Leasing
MARKET CAP
$7.3B

Company Description

CIT Group, Inc. engages in the provision of consumer and business financing, leasing, and advisory services. It operates through the following segments: Transportation and International Finance, North America Banking, Legacy Consumer Mortgages, Non-Strategic Portfolios, and Corporate and Other. The Transportation and International Finance segment provides leasing and financing solution to operators and suppliers in the aviation and railcar industries. The North America Banking segment consists of the following divisions: Commercial Banking, Commercial Real Estate, Commercial Services, Equipment Finance, and Consumer Banking. The Legacy Consumer Mortgages segment includes portfolios of mortgage loans and reverse mortgage loans. The Non-Strategic Portfolio segment involves in portfolios that no longer considered strategic. The Corporate and Other segment offers investments and other unallocated items, such as certain amortization of intangible assets. The company was founded by Henry Ittelson in 1908 and is headquartered in New York, NY.

Contact Information

CIT Group, Inc.
11 West 42nd Street
New York New York 10036-8002
P:(212) 461-5200
Investor Relations:

Employees

Shareholders

Mutual fund holders50.77%
Other institutional48.51%
Individual stakeholders2.68%

Top Executives

Ellen Rose AlemanyChairman & Chief Executive Officer
Denise M. MenellyExecutive VP, Head-Technology & Operations
Carol HaylesChief Financial Officer & Executive Vice President
Robert J. IngatoSecretary, Executive VP & General Counsel
Edward K. SperlingChief Accounting Officer, EVP & Controller