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Last $45.20 USD
Change Today +0.08 / 0.18%
Volume 1.2M
CIT On Other Exchanges
Symbol
Exchange
New York
As of 8:04 PM 04/1/15 All times are local (Market data is delayed by at least 15 minutes).

cit group inc (CIT) Key Developments

CIT Group Inc. Appoints Eric Miller as Managing Director and Group Head of CIT Capital Equipment Finance

CIT Group Inc. announced the appointment of Eric Miller as Managing Director and Group Head of CIT Capital Equipment Finance. He will report directly to Burt Feinberg, President and Group Head of CIT Corporate Finance, Commercial & Industrial. Eric Miller, newly appointed Managing Director and Group Head of CIT Capital Equipment Finance. Prior to joining CIT, Miller served as a Managing Director for GE Capital in their Corporate Finance division, where he developed winning strategies to successfully achieve sales and profitability objectives.

CIT Group Inc. Presents at US Chamber of Commerce Foundation, 14th Annual Aviation Summit 2015, Mar-17-2015 04:30 PM

CIT Group Inc. Presents at US Chamber of Commerce Foundation, 14th Annual Aviation Summit 2015, Mar-17-2015 04:30 PM. Venue: Renaissance Hotel, 999 9th Street NW, Washington, DC 20001, United States. Speakers: C. Jeffrey Knittel, President of Transportation & International Finance.

CIT Group Inc. Announces Unaudited Consolidated Financial Results for the Fourth Quarter and Year Ended December 31, 2014

CIT Group Inc. announced unaudited consolidated financial results for the fourth quarter and year ended December 31, 2014. For the quarter, the company reported total interest income of $306.2 million against $307.2 million a year ago. Net interest revenue was $29.3 million against $39.7 million a year ago. Income from continuing operations before benefit (provision) for income taxes was $222.4 million against $153.6 million a year ago. Income from continuing operations was $252 million or $1.37 per diluted share against $123 million or $0.61 per diluted share a year ago. Net income was $251 million or $1.37 per diluted share against $129.9 million or $0.65 per diluted share a year ago. For the year, the company reported total interest income of $1,226.5 million against $1,255.2 million a year ago. Net interest revenue was $140.3 n against $194.3 n a year ago. Income from continuing operations before benefit (provision) for income taxes was $680.8 million against $734.2 million a year ago. Income from continuing operations was $1,077.5 million or $5.69 per diluted share against $644.4 million or $3.19 per diluted share a year ago. Net income was $1,130.0 million or $5.96 per diluted share against $675.7 million or $3.35 per diluted share a year ago. Book value per share at December 31, 2014 grew to $50.13 from $49.10 at September 30, 2014 and $44.78 at December 31, 2013. Tangible book value per share at December 31, 2014 increased to $46.83 from $45.87 at September 30, 2014 and $42.98 at December 31, 2013.

Winchester Electronics Corp. Selects CIT Group Inc as Lead Arranger and Administrative Agent

Winchester Electronics Corp. has selected CIT Group Inc. as lead arranger and administrative agent to acquire SRI Hermetics, or SRI.

CIT Group Inc. Presents at Sterne Agee Financial Institutions Investor Conference 2015, Feb-11-2015

CIT Group Inc. Presents at Sterne Agee Financial Institutions Investor Conference 2015, Feb-11-2015 . Venue: Boca Raton Resort & Club, 501 East Camino Real, Boca Raton, FL 33432, United States.

 

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