CIT Group Inc
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Financials : Banks | Small Cap Value
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.

Closing Price
$33.49
Day's Change
-0.97 (-2.81%)
Bid
--
Ask
--
B/A Size
--
Day's High
34.71
Day's Low
33.41
Volume
(Below Average)
Volume:
1,016,670

10-day average volume:
1,263,208
1,016,670

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6 providers
Today's News, November 30, 2020
CIT Provides $38 Million Financing for Florida Apartment Complex

CIT Group Inc. (NYSE: CIT) today announced that its Real Estate Finance business provided a $38 million senior secured loan toward the acquisition of an apartment complex in Winter Park...(PR Newswire)

November 25, 2020
Halper Sadeh LLP Continues to Investigate the Following Mergers; Investors are Encouraged to Contact the Firm - ARA, CIT, CXO, RESI

Halper Sadeh LLP, a global investor rights law firm, announces it is investigating: American Renal Associates Holdings, Inc. (NYSE: ARA) concerning potential violations of the federal securities laws and/or breaches of fiduciary duties relating to...(Globe Newswire)

Lifshitz Law Firm, P.C. Announces Investigation of ARA, BBIO, BMCH, BLDR, CIT, EV, EIDX, NAV, STND and WTRE

American Renal Associates Holdings, Inc. (NYSE: ARA) Lifshitz Law Firm, P.C. announces investigation into possible breach of fiduciary duties in connection with the sale of ARA to affiliates of Nautic Partners for $11.50 per share. (PR Newswire)

November 24, 2020
STOCKHOLDER ALERT: Monteverde & Associates Continues to Investigate the Following Merger

Juan Monteverde, founder and managing partner at Monteverde & Associates PC, a national securities firm headquartered at the Empire State Building in New York City, is...(PR Newswire)

Moore Kuehn Encourages FBM, CIT, OSB, and CXO Investors to Contact Law Firm

Moore Kuehn, PLLC, a securities litigation law firm located on Wall Street in downtown New York City, is investigating potential claims concerning whether the following proposed mergers are fair to shareholders. Moore Kuehn may ultimately seek...(Globe Newswire)

November 23, 2020
SHAREHOLDER ALERT: WeissLaw LLP Reminds UROV, CIT, HLIX, and CBLI Shareholders About Its Ongoing Investigations

https://mma.prnewswire.com/media/743985/WeissLaw_Logo_Stacked_LowerCase_color_2_Logo.jpg If you own shares in any of the companies listed above and would like to discuss our investigations or have any questions concerning this notice or your rights...(PR Newswire)

November 16, 2020
CIT Northbridge Credit Serves as Sole Lead Arranger on Senior Secured Credit Facility for Arizona Nutritional Supplements

CIT Group Inc. (NYSE: CIT) that CIT Northbridge Credit, as advised by CIT Asset Management LLC, served as sole lead arranger on a senior secured credit facility for Arizona Nutritional Supplements LLC, a portfolio company of Endeavour Capital. (PR Newswire)

November 13, 2020
SHAREHOLDER ALERT: Halper Sadeh LLP Reminds Shareholders About Its Investigations; Investors are Encouraged to Contact the Firm - ARA, CIT, CXO, RESI

Halper Sadeh LLP, a global investor rights law firm, announces it is investigating: American Renal Associates Holdings, Inc. (NYSE: ARA) concerning potential violations of the federal securities laws and/or breaches of fiduciary duties relating to...(Globe Newswire)

SHAREHOLDER ALERT: WeissLaw LLP Reminds CIT, HLIX, CBLI, and IPHI Shareholders About Its Ongoing Investigations

https://mma.prnewswire.com/media/743985/WeissLaw_Logo_Stacked_LowerCase_color_2_Logo.jpg If you own shares in any of the companies listed above and would like to discuss our investigations or have any questions concerning this notice or your rights...(PR Newswire)

Lifshitz Law Firm, P.C. Announces Investigation of CIT Group Inc., Eidos Therapeutics, Inc., Watford Holdings Ltd. and Yintech Investment Holdings Limited

NEW YORK, NY / ACCESSWIRE / November 13, 2020 / CIT Group Inc. (NYSE:CIT)Lifshitz Law Firm, P.C. announces investigation into possible breach of fiduciary duties in connection with the sale of CIT to First Citizens BancShares, Inc. for 0.0620 shares...(Accesswire)

November 12, 2020
INVESTIGATION ALERT: Halper Sadeh LLP Reminds Shareholders About Its Ongoing Merger Investigations; Investors are Encouraged to Contact the Firm - CIT, CXO, BSTC, CBLI, PNM

Halper Sadeh LLP, a global investor rights law firm, announces it is investigating: https://mma.prnewswire.com/media/1157717/Halper_Sadeh_LLP_Logo.jpg CIT Group Inc. (NYSE: CIT) concerning potential violations of the federal securities laws and/or...(PR Newswire)

CIT Serves as Joint Lead Arranger for $70 Million Financing for Personal Care Manufacturer

CIT Group Inc. (NYSE: CIT) today announced that its Sponsor Finance business, part of the Commercial Finance division, served as joint lead arranger and joint bookrunner for a $70 million financing on behalf of Estyle Holdings Inc., makers of Eco...(PR Newswire)

November 10, 2020
Moore Kuehn Encourages NAV, ELY, CIT, and ALSK Investors to Contact Law Firm

Moore Kuehn, PLLC, a law firm focusing in securities litigation located on Wall Street in downtown New York City, is investigating potential claims concerning whether the following proposed mergers are fair to shareholders. Moore Kuehn may seek...(PR Newswire)

CIT Launches Two Million Meals Campaign to Fight Hunger

CIT Group Inc. (NYSE: CIT) today announced the start of its annual partnership with Feeding America(R) and this year, will double its commitment in the fight against hunger and help donate Two Million Meals1 for people struggling with food...(PR Newswire)

November 09, 2020
CIT Announces Grant to Urban League of San Diego to Enhance Digital Access During COVID-19

CIT and its Pasadena-based banking subsidiary CIT Bank, N.A. today announced a grant to Urban League of San Diego County (ULSDC) to enhance digital access for underrepresented individuals in San Diego County during COVID-19. (PR Newswire)

SHAREHOLDER ALERT: Monteverde & Associates PC Announces an Investigation of CIT Group, Inc. - CIT

https://mma.prnewswire.com/media/443626/Monteverde_Associates_PC_Logo.jpg Juan Monteverde, founder and managing partner at Monteverde & Associates PC, a national securities firm headquartered at the Empire State Building in New York City, is...(PR Newswire)

November 07, 2020
SHAREHOLDER INVESTIGATION: Halper Sadeh LLP Investigates the Following Mergers; Investors are Encouraged to Contact the Firm - EIDX, WTRE, ARA, CIT

Halper Sadeh LLP, a global investor rights law firm, announces it is investigating: Eidos Therapeutics, Inc. (NASDAQ: EIDX) concerning potential violations of the federal securities laws and/or breaches of fiduciary duties relating to its sale to...(Globe Newswire)

November 06, 2020
SHAREHOLDER ALERT: WeissLaw LLP Reminds CIT, PCPL, LOAK, and MCAC Shareholders About Its Ongoing Investigations

https://mma.prnewswire.com/media/743985/WeissLaw_Logo_Stacked_LowerCase_color_2_Logo.jpg If you own shares in any of the companies listed above and would like to discuss our investigations or have any questions concerning this notice or your rights...(PR Newswire)

Lifshitz Law Firm, P.C. Announces Investigation of American Renal Associates Holdings, Inc., BMC Stock Holdings, Inc., Callaway Golf Company, Cellular Biomedicine Group, Inc., CIT Group Inc., Eidos Therapeutics, Inc., Watford Holdings Ltd. and Yintech Investment Holdings Limited

American Renal Associates Holdings, Inc. (NYSE: ARA) Lifshitz Law Firm, P.C. announces investigation into possible breach of fiduciary duties in connection with the sale of ARA to affiliates of Nautic Partners for $11.50 per share. (PR Newswire)

November 03, 2020
SHAREHOLDER ALERT: Rigrodsky & Long, P.A. Reminds Investors of Investigations of BSTC, CBMG, CIT, and STND Buyouts

Rigrodsky & Long, P.A. announces that it is investigating: BioSpecifics Technologies Corp. (NASDAQ GS: BSTC) regarding possible breaches of fiduciary duties and other violations of law related to BioSpecifics Technologies' agreement to be...(Globe Newswire)

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