CIT Group Inc (NYSE:CIT)

46.26
Delayed Data
As of May 29
 -0.25 / -0.54%
Today’s Change
43.21
Today|||52-Week Range
50.23
-3.28%
Year-to-Date
SECTOR
Finance
INDUSTRY
Finance/Rental/Leasing
MARKET CAP
$8.1B

Company Description

CIT Group, Inc. is a bank holding company. It provides consumer and business financing, leasing and advisory services. The company operates through two segments: Transportation & International Finance (“TIF”) and North American Commercial Finance (“NACF”). Transportation & International Finance segment provides leasing and financing solutions to operators and suppliers in the global aviation and railcar industries, and has a growing maritime business. TIF consists of four divisions: aerospace (commercial air and business air), rail, maritime finance, and international finance. North American Commercial Finance consists of four divisions: Commercial Services, Corporate Finance, Equipment Finance, and Real Estate Finance. It generates from interest earned on loans, rents on leases, fees and other revenue from lending activities and capital markets transactions, and commissions earned on factoring activities. CIT Group 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 holders52.27%
Other institutional48.76%
Individual stakeholders0.96%

Top Executives

John A. ThainChairman & Chief Executive Officer
Nelson J. ChaiPresident
Scott T. ParkerChief Financial Officer & Executive Vice President
Stacey GoodmanChief Information Officer & Executive VP
Fred C. SpringerSenior VP, Chief Ethics & Compliance Officer

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