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CIT Group Inc.

CIT.N

Latest Trade

17.96USD

Change

-0.36(-1.97%)

Volume

1,783,091

Today's Range

17.93

 - 

18.40

52 Week Range

12.02

 - 

48.88

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

Latest Developments

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.

CIT Posts Quarterly Loss Per Common Share Of $6.40

April 21 (Reuters) - CIT Group Inc <CIT.N>::CIT ANNOUNCES FIRST QUARTER 2020 FINANCIAL RESULTS.CIT GROUP - QTRLY NET CHARGE-OFFS OF $54 MILLION, PRIMARILY DRIVEN BY INCREASE IN OIL & GAS-RELATED LOANS ACQUIRED IN MOB ACQUISITION.CIT GROUP - RECORDED GOODWILL IMPAIRMENT OF $345 MILLION IN QUARTER, PRIMARILY RELATED TO THE ONEWEST BANK ACQUISITION.CIT GROUP - QTRLY LOSS PER COMMON SHARE $6.40.CIT GROUP - QTRLY LOSS PER COMMON SHARE, EXCLUDING NOTEWORTHY ITEMS $2.43.CIT GROUP - QTRLY PROVISION FOR CREDIT LOSSES $514 MILLION, UP FROM $23 MILLION IN PRIOR QUARTER, REFLECTING IMPACT OF CURRENT MARKET ENVIRONMENT UNDER CECL & MOB ACQUISITION.CIT GROUP - QTRLY TANGIBLE BOOK VALUE PER SHARE $51.12 DECREASED FROM PRIOR QUARTER PRIMARILY DUE TO NET LOSS IN QUARTER AND MOB ACQUISITION.CIT GROUP - QTRLY TOTAL NET REVENUE $496 MILLION VERSUS $466 MILLION.

Cit Group Reports Q4 Earnings Per Share Of $1.27

Jan 28 (Reuters) - CIT Group Inc <CIT.N>::CIT ANNOUNCES FOURTH QUARTER AND FULL YEAR 2019 FINANCIAL RESULTS.QTRLY NON GAAP TOTAL NET REVENUE $461.1 MILLION VERSUS $421.4 MILLION.QTRLY EARNINGS PER SHARE $1.27.Q4 EARNINGS PER SHARE VIEW $1.10, REVENUE VIEW $449.0 MILLION -- REFINITIV IBES DATA.QTRLY TANGIBLE BOOK VALUE PER SHARE OF $56.77 INCREASED 2.1% FROM THE PRIOR QUARTER.

Cit Northbridge Credit Arranges $75 Million Credit Facility For Mvp Staffing Group

Jan 9 (Reuters) - CIT Group Inc <CIT.N>::CIT NORTHBRIDGE CREDIT ARRANGES $75 MILLION CREDIT FACILITY FOR MVP STAFFING GROUP.

CIT Group Receives OCC Approval To Acquire Mutual Of Omaha Bank

Nov 19 (Reuters) - CIT Group Inc <CIT.N>::CIT RECEIVES OCC APPROVAL TO ACQUIRE MUTUAL OF OMAHA BANK.CIT GROUP INC - CO EXPECTS TO CLOSE MUTUAL OF OMAHA BANK DEAL IN Q1 OF 2020.

Cit Leads $80 Million Revolving Credit Facility For Aerfin Holdings

Nov 5 (Reuters) - CIT Group Inc <CIT.N>::CIT LEADS $80 MILLION REVOLVING CREDIT FACILITY FOR AERFIN HOLDINGS.

CIT Group Inc Reports Qtrly Net Income Of $1.33 Per Share

July 23 (Reuters) - CIT Group Inc <CIT.N>::CIT ANNOUNCES SECOND QUARTER 2019 FINANCIAL RESULTS.CIT GROUP - QTRLY NET INCOME OF $1.33 PER DILUTED COMMON SHARE .QTRLY TOTAL NET REVENUE $467 MILLION VERSUS $524 MILLION.QTRLY BOOK VALUE PER SHARE OF $59.01 INCREASED 3.4% FROM THE PRIOR QUARTER.QTRLY NET FINANCE REVENUE WAS $361 MILLION, DOWN FROM $369 MILLION IN THE PRIOR QUARTER.QTRLY TOTAL INTEREST INCOME $515.5 MILLION VERSUS $473.6 MILLION.Q2 EARNINGS PER SHARE VIEW $1.14, REVENUE VIEW $463.2 MILLION -- REFINITIV IBES DATA.TARGETING 11% ROTCE BY THE FOURTH QUARTER OF 2019.TARGETING 12% ROTCE BY THE FOURTH QUARTER OF 2020.

CIT Group Leads $416 Million Financing For Major New Solar Project

May 30 (Reuters) - CIT Group Inc <CIT.N>::CIT LEADS $416 MILLION FINANCING FOR MAJOR NEW SOLAR PROJECT.CIT GROUP - POWER & ENERGY BUSINESS SERVED AS ARRANGER ON A $416 MILLION DEBT FINANCING SUPPORTING LONGROAD ENERGY'S SOLAR FACILITY.

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

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