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CIT Group Inc (CIT.N)

CIT.N on New York Stock Exchange

44.93USD
6 Dec 2019
Change (% chg)

$0.68 (+1.54%)
Prev Close
$44.25
Open
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$44.93
Volume
274,266
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$54.01
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Latest Key Developments (Source: Significant Developments)

CIT Group Leads $416 Million Financing For Major New Solar Project
Thursday, 30 May 2019 

May 30 (Reuters) - CIT Group Inc ::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.  Full Article

CIT Group Reports Q1 Earnings Per Share Of $1.18
Tuesday, 23 Apr 2019 

April 23 (Reuters) - CIT Group Inc ::CIT ANNOUNCES FIRST QUARTER 2019 FINANCIAL RESULTS.QTRLY EARNINGS PER SHARE $1.18.PRELIMINARY COMMON EQUITY TIER 1 CAPITAL RATIO AND TOTAL CAPITAL RATIO WERE BOTH UNCHANGED FROM THE PRIOR QUARTER.ALLOWANCE FOR LOAN LOSSES WAS $488 MILLION AT MARCH 31, 2019, VERSUS $490 MILLION AT DEC. 31, 2018.QTRLY NET FINANCE REVENUE $369 MILLION VERSUS $391 MILLION.BOOK VALUE PER SHARE OF $57.05 AT QUARTER-END, INCREASED 2.4% FROM THE PRIOR QUARTER.Q1 EARNINGS PER SHARE VIEW $1.08 -- REFINITIV IBES DATA.Q1 REVENUE VIEW $462.5 MILLION -- REFINITIV IBES DATA.  Full Article

Cit Group Enters Amendment To Revolving Credit And Guaranty Agreement
Wednesday, 20 Feb 2019 

Feb 19 (Reuters) - CIT Group Inc ::CIT GROUP INC - CO, CERTAIN UNITS ENTERED INTO AMENDMENT NO. 3 TO SECOND AMENDED AND RESTATED REVOLVING CREDIT AND GUARANTY AGREEMENT - SEC FILING.CIT GROUP INC - AMENDMENT MODIFIES CO'S SECOND AMENDED AND RESTATED REVOLVING CREDIT AND GUARANTY AGREEMENT, ENTERED INTO ON FEBRUARY 17, 2016.CIT GROUP - AMENDMENT INCLUDES EXTENSION OF FINAL MATURITY DATE TO MARCH 1, 2021 AND REDUCTION OF TOTAL COMMITMENTSTO $400 MILLION ON EFFECTIVE DATE.  Full Article

Cit Group Sees Q4 2019 Rotce Of 11 Percent - SEC FILING- SEC Filing
Tuesday, 29 Jan 2019 

Jan 29 (Reuters) - CIT Group Inc ::CIT GROUP INC - SEES Q1 AND 2019 NET CHARGE OFFS 0.35 PERCENT TO 0.45 PERCENT - SEC FILING.CIT GROUP INC SEES Q4 2019 ROTCE OF 11 PERCENT - SEC FILING.CIT GROUP INC SEES 2019 CET1 RATIO OF 11 PERCENT BY YEAR END.  Full Article

Cit Names Robert Rubino As President Of Cit Bank, N.A. And Head Of Commercial Banking
Tuesday, 4 Dec 2018 

CIT Group Inc ::CIT NAMES ROBERT RUBINO AS PRESIDENT OF CIT BANK, N.A. AND HEAD OF COMMERCIAL BANKING.  Full Article

CIT Group Inc - Sees 4Q Net Charge Offs Within Annual Target Of 35-45 Bps
Tuesday, 23 Oct 2018 

Oct 23 (Reuters) - CIT Group Inc ::CIT GROUP INC - SEES 4Q NET CHARGE OFFS WITHIN ANNUAL TARGET OF 35-45 BPS.CIT GROUP INC - MEDIUM TERM ROTCE TARGET REVISED TO 11-12 PERCENT.CIT GROUP INC SEES LOW-SINGLE DIGIT QUARTERLY GROWTH IN CORE AVERAGE LOANS AND LOSSES FOR Q4 2018 - PRESENTATION.  Full Article

CIT Announces Pricing Of $500 Mln Of Senior Unsecured Notes
Wednesday, 15 Aug 2018 

Aug 14 (Reuters) - CIT Group Inc ::CIT ANNOUNCES PRICING OF $500 MILLION OF SENIOR UNSECURED NOTES.PRICING OF PUBLIC OFFERING OF $500 MILLION OF SENIOR UNSECURED NOTES DUE 2024.NOTES PRICED AT PAR.NOTES WILL BEAR INTEREST AT A PER ANNUM RATE OF 4.750 PCT.  Full Article

CIT Group Announces Public Offering Of Senior Unsecured Notes
Tuesday, 14 Aug 2018 

Aug 14 (Reuters) - CIT Group Inc ::CIT ANNOUNCES PUBLIC OFFERING OF SENIOR UNSECURED NOTES.CIT GROUP INC - COMMENCED A PUBLIC OFFERING OF SEC REGISTERED SENIOR UNSECURED NOTES DUE 2024.CIT GROUP INC - INTENDS TO USE PROCEEDS OF OFFERING OF NOTES TO RETIRE OUTSTANDING INDEBTEDNESS.  Full Article

CIT Announces Q2 Earnings Per Share Of $0.94
Tuesday, 24 Jul 2018 

July 24 (Reuters) - CIT Group Inc ::CIT ANNOUNCES SECOND QUARTER 2018 RESULTS.Q2 EARNINGS PER SHARE $1.00 FROM CONTINUING OPERATIONS EXCLUDING ITEMS.Q2 EARNINGS PER SHARE $1.11 FROM CONTINUING OPERATIONS.Q2 EARNINGS PER SHARE $0.94.INCREASED QUARTERLY PER SHARE COMMON STOCK DIVIDEND BY 56PCT TO $0.25.QTRLY TOTAL NET REVENUE $524 MILLION VERSUS $495 MILLION IN Q1 2018.  Full Article

CIT Declares Increased Dividend
Tuesday, 17 Jul 2018 

July 17 (Reuters) - CIT Group Inc ::CIT DECLARES INCREASED DIVIDEND.SETS QUARTERLY CASH DIVIDEND OF $0.25PER SHARE.SAYS DECLARED QUARTERLY CASH DIVIDEND OF $0.25/COMMON SHARE, WHICH REPRESENTS 56 PERCENT INCREASE OVER PRIOR QUARTER'S $0.16/COMMON SHARE DIVIDEND.  Full Article