CIT Group Company Review & Valuation

CIT
New York Stock Exchange
Latest Price
53.02USD
Market Capitalization
5.26bUSD

About CIT Group Inc.

CIT Group Inc.

operates as the bank holding company for CIT Bank, National Association that provides banking and related services to commercial and individual customers.

The company operates through three segments: Commercial Banking, Consumer Banking, and Non-Strategic Portfolios (NSP). The Commercial Banking segment offers lending, leasing, and other financial and advisory services primarily to small and middle-market companies; factoring, receivables management products, and secured supply chain financing; and equipment leasing and secured financing to railroads and non-rail companies.

The Consumer Banking segment provides mortgage loans and deposits.

It accepts deposits, including checking and savings accounts, money market accounts, and certificates of deposit; and offers residential mortgage and small business administration loans, and reverse mortgages, as well as fiduciary services.

The NSP segment provides equipment financing, secured lending, and leasing and advisory services to small and middle-market businesses.

The company also offers online banking services.

It operates through a network of 70 branches located in southern California.

CIT Group Inc.

was founded in 1908 and is headquartered in Livingston, New Jersey.

Industry
Banks - Regional - US
HQ Location
Livingston, New Jersey
Website
Wikipedia

Stock Price

Price data not available for CIT Group.

Performance

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Financial Reports

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