CIT Group

CIT Group - aircraft leasing business ia a provider of an aircraft leasing and lease management services.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

CIT Group is a financial holding company with more than $35 billion in financing and leasing assets. It provides financing, leasing, and advisory services to its clients and their customers across more than 30 industries. CIT maintains leadership positions in middle market lending, factoring, retail and equipment finance, as well as aerospace, equipment, and rail leasing. CIT also operates CIT Bank (Member FDIC), its primary bank subsidiary, which, through its online bank BankOnCIT.com, offers a variety of savings options designed to help customers achieve their financial goals. CIT is headquartered in New York City.

First Citizens BancShares

The deal will create the 19th largest bank in the U.S., spread across many geographic markets.

First Citizens BancShares and CIT Merging to Create $100B Asset Bank

SAN DIEGO, Oct. 16, 2020 /PRNewswire/ -- Shareholder rights law firm Johnson Fistel, LLP has launched an investigation into whether the board members of CIT Group Inc. (NYSE: CIT) ("CIT") breached their fiduciary duties in connection with the proposed sale of the Company to First Citizens...

(CIT): Johnson Fistel Investigates Proposed Sale of CIT Group Inc.; Are Shareholders Getting a Fair Deal?

NEW YORK--(BUSINESS WIRE)--Halper Sadeh LLP, a global investor rights law firm, is investigating whether the sale of CIT Group Inc. (NYSE: CIT) to First Citizens BancShares, Inc. is fair to CIT shareholders. On behalf of CIT shareholders, Halper Sadeh LLP may seek increased consideration for shareholders, additional disclosures and information concerning the proposed transaction, or other relief and benefits. If you are a CIT shareholder and would like to discuss your legal rights and options,

CIT Merger Investigation: Halper Sadeh LLP Announces Investigation Into Whether the Sale of CIT Group Inc. Is Fair to Shareholders; Investors Are Encouraged to Contact the Firm – CIT

CIT (CIT) delivered earnings and revenue surprises of 500.00% and 11.53%, respectively, for the quarter ended September 2020. Do the numbers hold clues to what lies ahead for the stock?

CIT Group (CIT) Q3 Earnings and Revenues Beat Estimates

NEW YORK, Oct. 16, 2020 /PRNewswire/ -- CIT Group Inc. (NYSE: CIT) today announced its third quarter 2020 financial results. View the full press release. The news release is available via CIT's News page and the accompanying earnings presentation and financial data package are posted in...

CIT Announces Third Quarter 2020 Financial Results

RALEIGH, N.C. and NEW YORK, Oct. 16, 2020 /PRNewswire/ -- First Citizens BancShares, Inc. (NASDAQ: FCNCA) ("First Citizens"), the parent company of First-Citizens Bank & Trust Company, and CIT Group Inc. (NYSE: CIT) ("CIT"), the parent company of CIT Bank, N.A., jointly announced today...

First Citizens BancShares, Inc. and CIT Group Inc. Announce Transformational Partnership to Create a Top-Performing Commercial Bank

CIT (CIT) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Analysts Estimate CIT Group (CIT) to Report a Decline in Earnings: What to Look Out for

NEW YORK, Oct. 9, 2020 /PRNewswire/ -- CIT Group Inc. (NYSE: CIT) today announced it plans to issue its third quarter 2020 financial results on Tuesday, Oct. 20, 2020 at 6:30 a.m. ET via PR Newswire and on the CIT News website. The presentation and financial supplements will be posted in...

CIT to Announce Third Quarter 2020 Financial Results

COLUMBIA, S.C., Oct. 7, 2020 /PRNewswire/ -- CIT Group Inc. (NYSE: CIT) Chairwoman and Chief Executive Officer Ellen R. Alemany has received the Leadership Legacy Award from the Center for Executive Succession at the University of South Carolina's Darla Moore School of Business. The award...

CIT Chairwoman and CEO Ellen R. Alemany Receives Leadership Legacy Award

Chevron

Expedia

Pinterest

Sabre

Markets closed last week higher for the second week in a row, yet ended the week down amid news of President Trump and the first lady testing positive for the coronavirus. For investors looking to make sense of this market, our deep learning algorithms have identified a set of Top Shorts for today.

Top Stocks To Short Today As Markets Trade Higher

Increasing costs and deteriorating credit quality are expected to hurt CIT Group's (CIT) profitability.

CIT Group (CIT) Hurt by High Costs, Worsening Asset Quality

NEW YORK, Sept. 30, 2020 /PRNewswire/ -- CIT Group Inc. (NYSE: CIT) today announced that its Asset-Based Lending business served as agent and sole lender on a $75 million revolving credit facility for Skillsoft, a global leader in learning and talent management solutions Based in Boston,...

CIT Serves as Sole Lender on $75 Million Revolving Credit Facility for Skillsoft

Bandwidth

Carvana

Red Robin

Markets tried to shake off yesterday’s rout which continued a pretty miserable September. For investors trying to make sense fo the market this month, our AI and deep learning algorithms have identified the Top Shorts for today.

Top Stocks To Short Today As Markets Try To Shake September Sell-Off

Associated Banc-Corp

DCP Midstream

Hancock Whitney Corp.

Prudential Financial

5 high yield stocks selling below their tangible book value. These 5 dividend stocks have average upside of 79% along with 7.7% yields, or 40% annual total returns over 2 years.

5 High Yield Dividend Stocks Selling Below Their Tangible Book Value

CIT Group's (CIT) efforts to strengthen core banking operations are likely to support profitability in the quarters ahead.

CIT Group Closes Divestiture of Wealth Management Business

CIT (CIT) reported earnings 30 days ago. What's next for the stock?

Why Is CIT (CIT) Up 4.6% Since Last Earnings Report?

NEW YORK, Aug. 18, 2020 /PRNewswire/ -- CIT Group Inc.

CIT Leads $162 Million Financing for Texas Solar Plant

Alliance Data Systems

Cardlytics

Six Flags

Markets were mixed this morning as the S&P 500 and the tech-heavy Nasdaq﻿NDAQ﻿ rose slightly, while the Dow Jones was trading lower. If you're looking for places to short the market, our deep learning algorithms have used Artificial Intelligence ("AI") technology to identify the Top Shorts today.

Top Stocks To Short Today As Dow Slips Amid Big Tech Rally

NEW YORK, Aug. 17, 2020 /PRNewswire/ -- CIT Group Inc.

CIT Serves as Lead Arranger on Senior Secured Credit for von Drehle Corporation

NEW YORK, Aug. 13, 2020 /PRNewswire/ -- CIT Group Inc.

CIT Serves as Sole Lead Arranger on $28 Million Maritime Financing

CNX Resources

Datadog

Spirit Airlines

The news today lifted sentiment around the COVID-19 vaccine while the Dow rallied around 300 points and the S&P 500 nears an all-time high. If you think there is far too much optimism out there, our deep learning algorithms have you covered with the Top Shorts today.

Top Stocks To Short Today As S&P 500 Closes In On All-Time Highs

NEW YORK, Aug. 10, 2020 /PRNewswire/ -- CIT Group Inc.

CIT Arranges $185 Million Financing for Community Solar Portfolio

NEW YORK, July 29, 2020 /PRNewswire/ -- CIT Group Inc. (NYSE: CIT) and its Healthcare Finance unit today announced a $25 million loan supporting Seavest Healthcare Properties' acquisition of the MLK Community Hospital Medical Office Building in South Los Angeles.

CIT leads $25 million financing deal for MLK Community Hospital Medical Office Building

CIT Group (CIT) witnesses significantly higher provisions and lower revenues in the second quarter of 2020.

CIT Group (CIT) Records Loss in Q2, Provisions & Costs Rise

CIT Group Inc. (CIT) CEO Ellen Alemany on Q2 2020 Results - Earnings Call Transcript

News for CIT Group Stock (CIT)