Highlights
NYSE: CIT       Cit Group Inc
Last Price Today's Change   Day's Range   Trading Volume
27.82   -0.77 (2.69%)  27.58 - 28.39  1,836,548

Overview

 
Avg Volume (4 weeks):3,817,625
4 Weeks Range:17.23 - 31.80
4 Weeks Price Volatility (%):
72.68%
52 Weeks Range:12.02 - 48.96
52 Weeks Price Volatility (%):
42.77%
Average Price Target: 54.00
Price Target Upside/Downside: +26.18

Headlines



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Business Background

CIT Group is a banking holding company and a financial holding company operating primarily in North America. It provides financing, leasing, and advisory services primarily to middle-market companies in a diverse group of industries. The company's banking subsidiary mostly operates in Southern California and offers both commercial and retail banking services. The company sources its commercial lending business through direct marketing to customers, vendors, and distributors, among other parties. The company generates revenue by earning interest on loans and investments, as well as commission, fees, and rental income on leased equipment and other financial services. The company also syndicates and sells finance receivables.

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