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Fortune 500

658

CIT Group

CIT

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CEO

Ellen R. Alemany

CEO Title

Chairwoman & CEO

Sector

Financials

Industry

Commercial Banks

HQ Location

New York City

Years on Fortune 500 List

-

Employees

4,167

Includes revenues from discontinued operations.
Key Financials (Last Fiscal Year)
$ millions% change
Revenues ($M)$3,545-20.4%
Profits ($M)$468.2
Assets ($M)$49,279
Total Stockholder Equity ($M)$6,995
Market Value — as of March 29, 2018 ($M)$6,649
Profit Ratios
Profit as % of Revenues13.2%
Profits as % of Assets1.0%
Profits as % of Stockholder Equity6.7%
Earnings Per Share (Last Fiscal Year)
Earnings Per Share ($)2.80
EPS % Change (from 2016)-
EPS % Change (5 year annual rate)-
EPS % Change (10 year annual rate)-
Total Return
Total Return to Investors (2017)16.9%
Total Return to Investors (5 year, annualized)6.2%
Total Return to Investors (10 year, annualized)-
STOCK QUOTE
()0.00 0.00 (0)
  • Previous Close:
  • Market Cap: NaNB
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  • 52 Week Low:
  • 52 Week Change %: 0.00
  • P/E Ratio: n/a
  • EPS:
  • Dividend Yield: n/a

News about CIT Group

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"Both are good friends of mine but, more importantly, they are two of the smartest people I know."

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This $10 Billion Deal Will Create the World's Third-Largest Aircraft Leasing Firm

The combined entity will have a fleet of 910 aircraft valued at over $43 billion.

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Billionaires cash in on OneWest deal, but taxpayers lose out

Private investors such as George Soros, Michael Dell saw a 119% profit as CIT Group snapped up the bank.

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CIT Group to buy OneWest Bank for $3.4 billion

CIT steered by Chief Executive John Thain, who previously led Merrill Lynch during the financial crisis.

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Move over Mr. Mayor, cities are getting chief innovation officers

Towns are taking a page from the corporate world in an effort to make strapped municipal governments more efficient.

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