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.

CIT Group Inc (NYSE:CIT)

46.31
Delayed Data
As of Apr 28
 +0.32 / +0.70%
Today’s Change
28.33
Today|||52-Week Range
47.40
+8.51%
Year-to-Date
SECTOR
Finance
INDUSTRY
Finance/Rental/Leasing
MARKET CAP
$9.4B

Company Description

CIT Group, Inc. is a financial holding company, which provides financing, leasing and advisory services. It operates through the following business segments: Commercial Banking, Consumer Banking and Non-Strategic Portfolios. The Commercial Banking segment consists of four divisions, commercial finance, rail, real estate finance and business capital. It provides a range of lending, leasing and deposit products, as well as ancillary products and services, including factoring, cash management and advisory services, primarily to small and medium- sized companies, as well as to the rail industry. The Consumer Banking segment includes retail Banking, consumer lending, and SBA lending, which are grouped together for purposes of discussion as other consumer banking and legacy consumer mortgages. The Non-Strategic Portfolios segment consists of businesses and portfolios that we no longer consider strategic. These portfolios include equipment financing, secured lending and leasing and advisory services to small and middle-market businesses. 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 holders58.57%
Other institutional42.23%
Individual stakeholders2.77%

Top Executives

Ellen Rose AlemanyChairman & Chief Executive Officer
Denise M. MenellyExecutive VP, Head-Technology & Operations
Carol E. HaylesChief Financial Officer & Executive Vice President
Paul S. TufaroChief Compliance Officer & Executive VP
Edward K. SperlingChief Accounting Officer, EVP & Controller