CIT Group, Inc. (New York Stock Exchange:CIT)
About the company
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 Corporate. The Commercial Banking segment consists of four divisions, commercial finance, rail, and 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 Corporate segment consists of businesses and portfolios that they 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.
Gross Margin (in %)
Operating Margin (in %)
Net Margin (in %)
Dividend Yield (in %)
|Name||Ticker||Market capitalization (in USD Million)||Revenues (in USD Million)||Price/Book||Price/Earning||Net margin (in %)|
|JPMorgan Chase & Co.||JPM||294566.15||114755.00||1.22||10.47||24.68|
|Bank of America Corp.||BAC||214547.49||91007.00||0.84||9.51||24.91|
|Wells Fargo & Co.||WFC||109291.42||81171.00||0.64||8.86||15.37|
|The PNC Financial Services Group, Inc.||PNC||45150.30||18058.00||0.88||9.52||26.34|
|The Bank of New York Mellon Corp.||BK||35132.44||16216.00||0.89||8.21||26.46|
|Capital One Financial Corp.||COF||28495.90||27999.00||0.49||12.01||8.66|
|Regions Financial Corp.||RF||10409.20||5799.00||0.63||8.35||21.80|
|People's United Financial, Inc.||PBCT||4594.98||1935.00||0.63||8.80||26.96|
|TCF Financial Corp.||TCF||3556.53||1874.00||0.77||13.51||14.24|
|CIT Group, Inc.||CIT||1881.60||2370.00||0.36||-8.48||-9.96|
|Simmons First National Corp.||SFNC||1679.60||869.00||0.62||6.26||30.76|
|Hope Bancorp, Inc.||HOPE||1089.90||512.00||0.53||7.09||30.13|
|Park National Corp.||PRK||1088.16||404.00||1.13||11.28||24.66|
|City Holding Co.||CHCO||996.80||242.00||1.47||10.56||39.64|
|National Commerce Corp. (Alabama)||NCOM||744.99||170.00||1.18||17.74||25.04|
|FB Financial Corp.||FBK||742.14||378.00||0.98||11.68||17.08|
|Meta Financial Group, Inc.||CASH||668.04||450.00||0.76||5.36||27.28|
|Amerant Bancorp, Inc.||AMTB||613.61||274.00||0.72||14.56||15.19|
|Amerant Bancorp, Inc.||AMTBB||457.52||274.00||0.53||10.86||15.19|
|First Financial Corp. (Indiana)||THFF||447.59||178.00||0.81||8.83||28.78|
|Arrow Financial Corp.||AROW||427.35||119.00||1.38||11.58||30.90|
|Peoples Bancorp, Inc. (Ohio)||PEBO||424.62||199.00||0.69||10.87||19.34|
|The First Bancshares, Inc. (Mississippi)||FBMS||387.72||157.00||0.83||8.58||28.37|
|Alerus Financial Corp.||ALRS||311.84||170.00||1.14||11.14||16.69|
|American National Bankshares, Inc. (Virginia)||AMNB||254.87||99.00||0.79||11.25||23.78|
|The First Bancorp, Inc. (Maine)||FNLC||238.37||70.00||1.10||9.14||37.07|
|Metropolitan Bank Holding Corp.||MCB||232.08||119.00||0.78||8.87||23.04|
|National Bankshares, Inc.||NKSH||170.04||46.00||0.96||10.86||36.60|
|Richmond Mutual Bancorporation, Inc.||RMBI||154.56||35.00||0.77||-11.50||-37.22|
|Capital Bancorp, Inc. (Maryland)||CBNK||144.48||95.00||1.05||8.75||17.30|
|Esquire Financial Holdings, Inc.||ESQ||130.40||48.00||1.09||9.26||28.53|
|Landmark Bancorp, Inc. (Kansas)||LARK||121.65||49.00||0.98||9.47||24.09|
|Blue Ridge Bankshares, Inc. (Virginia)||BRBS||91.38||66.00||0.96||20.86||6.31|
|Old Point Financial Corp.||OPOF||76.00||48.00||0.72||11.18||14.81|
Latest insider transactions
|Date||Role||Name||Transaction||Quantity||Quantity Owned After|
PRNewswire/ -- CIT Group Inc. (NYSE: CIT) today announced that its Power and Energy unit served as sole lead arranger on an ...
Investors in CIT Group Inc (Symbol: CIT) saw new options begin trading this week, for the August 21st expiration. At Stock ...
CIT Group (NYSE:CIT) was upgraded by stock analysts at ValuEngine from a “hold” rating to a “buy” rating in a research note ...
CIT Group (NYSE:CIT) was upgraded by equities research analysts at ValuEngine from a “hold” rating to a “buy” rating in a ...
Engineers Gate Manager LP increased its position in shares of CIT Group Inc. (NYSE:CIT) by 267.5% during the first quarter, ...
At the end of February we announced the arrival of the first US recession since 2009 and we predicted that the market will ...
CIT Northbridge Credit Serves as Sole Lender on $50 Million Credit Facility for CITIES Market Studios
NEW YORK, June 25, 2020 /PRNewswire/ -- CIT Group Inc. (NYSE: CIT) today announced that CIT Northbridge Credit, as advised by CIT Asset Management LLC, served as sole lead arranger on a $50 million ...