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Cit Group Inc (CIT)

Cit Group Inc (CIT)
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Financial Summary for [[ item.sessionDateDisplayLong ]]
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) Sep, 2021 Jun, 2021 Mar, 2021 Dec, 2020 Sep, 2020
Sales 670,700 722,000 812,700 775,400 770,600
Sales Growth -7.11% -11.16% +4.81% +0.62% +2.69%
Net Income 175,500 226,900 303,800 8,600 85,700
Net Income Growth -22.65% -25.31% +3,432.56% -89.97% +200.47%
(Values in U.S. Thousands) Sep, 2021 Jun, 2021 Mar, 2021 Dec, 2020 Sep, 2020
Total Assets 54,420,000 54,703,699 56,049,102 58,106,602 60,865,000
Total Assets Growth -0.52% -2.40% -3.54% -4.53% -1.36%
Total Liabilities 48,245,398 48,667,898 50,233,398 52,383,699 55,101,000
Total Liabilities Growth -0.87% -3.12% -4.10% -4.93% -1.54%
(Values in U.S. Thousands) Sep, 2021 Jun, 2021 Mar, 2021 Dec, 2020 Sep, 2020
Operating Cash Flow 647,300 458,500 274,100 480,400 204,500
Operating Cash Flow Growth +41.18% +67.27% -42.94% +134.91% +260.27%
Net Cash Flow 586,800 1,269,000 1,336,900 1,326,100 4,020,000
Change in Net Cash Flow -53.76% -5.08% +0.81% -67.01% -25.48%
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