CIT Group Inc (DEL) Stock News

First Citizens (FCNCA) completes the merger with CIT Group, leading to the creation of the 20th largest bank in the United States in terms of assets.

First Citizens (FCNCA) completes the merger with CIT Group, leading to the creation of the 20th largest bank in the United States in terms of assets.

First Citizens (FCNCA) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might help the stock continue moving higher in the near term.

The tech stock's addition to the S&P's mid-cap index had investors cheering.

The stock market finished mixed, but a couple of companies announced earnings late in the afternoon.

Cortland Associates Inc. MO boosted its holdings in shares of CIT Group Inc. (NYSE:CIT) by 0.5% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 1,050,077 shares of the financial services providers stock after acquiring an additional 5,004 shares during the []

After market close on Dec. 17, the Federal Reserve signed off on three bank mergers that have been in their pipeline.

CHANDLER, ARIZ. CIT Group Inc. (NYSE: CIT), through its Healthcare Finance business, served as sole lead arranger of $34 million to refinance the Enclave at Chandler. Opened in 2018 [] The post CIT Arranges $34M Financing for Enclave at Chandler Seniors Housing Community in Arizona appeared first on REBusinessOnline .

NEW YORK , Dec. 21, 2021 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for MU, CIT, MRNA, AVGO, and KO. Full story available on Benzinga.com

Here’s what to look for in a credit card in 2022, including rewards that work for you, flexible credit lines, buy now, pay later, and balance transfer.

CIT Group (NYSE:CIT) and SmartFinancial (NASDAQ:SMBK) are both finance companies, but which is the better investment? We will compare the two companies based on the strength of their risk, dividends, analyst recommendations, institutional ownership, valuation, earnings and profitability. Profitability This table compares CIT Group and SmartFinancials net margins, return on equity and return on assets. []

RALEIGH, N.C. and NEW YORK, Dec. 17, 2021 (GLOBE NEWSWIRE) -- First Citizens BancShares, Inc. (NASDAQ: FCNCA) (First Citizens), the parent company of First-Citizens Bank & Trust Company, and CIT Group Inc. (NYSE: CIT) (CIT), the parent company of CIT Bank, N.A., jointly announced that their previous proposal to merge the two companies has received approval from the Board of Governors of the Federal Reserve System today. The merger has previously received approvals from the Federal Deposit Insurance Corporation and the Office of the North Carolina Commissioner of Banks.

Investors waited more than 420 days for the deal to close.

Hahn Capital Management LLC cut its position in CIT Group Inc. (NYSE:CIT) by 2.7% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 125,174 shares of the financial services providers stock after selling 3,528 shares during the period. Hahn Capital []

CIT Group (NYSE:CIT) and Wells Fargo & Company (NYSE:WFC) are both finance companies, but which is the better investment? We will compare the two businesses based on the strength of their risk, valuation, institutional ownership, analyst recommendations, dividends, earnings and profitability. Profitability This table compares CIT Group and Wells Fargo & Companys net margins, return []