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Cit Group Inc (CIT)

Cit Group Inc (CIT)
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CIT Group Inc. is a bank holding company that provides financing and leasing capital for commercial companies throughout the world. Covering a wide variety of industries, the Company offers vendor, equipment, commercial, and structured financing products, as well as factoring and management advisory services. CIT operates CIT Bank, a full service Utah state bank, which is regulated by the Utah Department of Financial Institutions and the FDIC. CIT Group operates primarily in North America, with locations in Europe, Latin America, Australia and the Asia-Pacific region. The Company is headquartered in New York City.

Fiscal Year End Date: 12/31

(Values in U.S. Thousands) Dec, 2020 Dec, 2019 Dec, 2018 Dec, 2017 Dec, 2016
Sales 3,150,400 3,289,700 3,273,200 3,207,200 3,093,700
Sales Growth -4.23% +0.50% +2.06% +3.67% -20.37%
Net Income -615,300 529,900 447,100 468,200 -848,000
Net Income Growth -216.12% +18.52% -4.51% +155.21% -180.26%
(Values in U.S. Thousands) Dec, 2020 Dec, 2019 Dec, 2018 Dec, 2017 Dec, 2016
Total Assets 58,106,602 50,832,801 48,537,398 49,278,699 64,170,199
Total Assets Growth +14.31% +4.73% -1.50% -23.21% -4.93%
Total Liabilities 52,383,699 44,493,801 42,590,801 41,958,699 54,167,102
Total Liabilities Growth +17.73% +4.47% +1.51% -22.54% -4.16%
(Values in U.S. Thousands) Dec, 2020 Dec, 2019 Dec, 2018 Dec, 2017 Dec, 2016
Operating Cash Flow 480,400 927,200 982,500 519,800 2,366,900
Operating Cash Flow Growth -48.19% -5.63% +89.02% -78.04% +104.52%
Net Cash Flow 1,326,100 890,000 69,200 -4,781,200 -1,095,400
Change in Net Cash Flow +49.00% +1,186.13% +101.45% -336.48% -183.29%
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