CIT

Read more
Ellen Alemany's photo - Chairman & CEO of CIT

Chairman & CEO

Ellen Alemany

CEO Approval Rating

83/100

Founded:

1908

Status:

PublicMerger Pending with First Citizens BancShares Inc.NYSECIT

CIT TOP COMPETITORS OR ALTERNATIVES

RANK

COMPANY

CEO

CEO RATING

EMPLOYEES

FUNDING

REVENUE

Ellen Alemany

Chairman & CEO

- -
3,678
$6.1B
$2.5B
View Profile
1

Richard Laxer

Chairman & CEO

75/100
37,000
- -
$7.2B
View Profile
2

Shemara R Wikramanayake

CEO

89/100
16,000
$28.4B
$9.7B
View Profile
3

Thomas Gottstein

CEO

53/100
49,090
$1.2B
$27.4B
View Profile
4

Jane Fraser

CEO

59/100
323,000
$1.2B
$70.6B
View Profile
5

Jamie Dimon

Chairman & CEO

65/100
256,105
$1.7B
$120.9B
View Profile
6

Brian Moynihan

Chairman & CEO

60/100
204,489
- -
$84.7B
View Profile
7

Andrew Coon

President

70/100
59
- -
$6M
View Profile
8

Tony Golobic

Chairman & CEO

65/100
600
- -
$160M
View Profile
9

William F. Stephenson

Chairman & CEO

70/100
94
- -
$3.8M
View Profile
10

Christopher S. Moench

CEO

80/100
298
- -
$293.2M
View Profile

Missing a competitor? Contribute!

CIT Quarterly and Annual Revenue

Trailing 12-Months Trend (TTM)

Annual Revenue

$2.5B

CIT's revenue is the ranked 17th among it's top 10 competitors. The top 10 competitors average 27.8B. Over the last four quarters, CIT's revenue has grown by 1.7%. Specifically, in Q2 2021's revenue was $615.2M; in Q1 2021, it was $693.1M; in Q4 2020, it was $635.8M; in Q3 2020, CIT's revenue was $605.1M.

CIT Acquisitions

COMPANY ACQUIRED
ACQUISITION DATE
AMOUNT
DESCRIPTION
Mutual of Omaha Bank

Aug 2019

Source »
$1B
Mutual of Omaha Bank is a provider of commercial and personal banking products and solutions for individuals and businesses.
OneWest Bank, N.A.

Jul 2014

Source »
$3.4B
OneWest Bank is a personal banking and home lending financial institution.

CIT Funding History

ROUND

FUNDING DATE

AMOUNT

INVESTORS

Equity
Aug 2015
$1.5B
-
IPO
Jul 2002
$4.6B

CIT Investments

COMPANY

DESCRIPTION

AMOUNT

INVESTMENT DATE

ROUND

EXIT DATE

Globus Maritime is a Greece-based seaborne transportation company that provides dry bulk carrier operations, fleet management and logistic services to businesses.
$34.3M
May 11, 2021
Post-IPO Debt
-
Anthem Entertainment is an entertainment company that provides independent music production and distribution services for artists.
$550M
Feb 18, 2021
Debt
-
Skydance is a California-based media company that produces films, animation and television shows.
$1B
Jan 21, 2021
Debt
-
ANS is a healthcare company that manufactures and markets nutritional products and supplement packagings for the pharmaceutical sector.
-
Nov 15, 2020
Debt
-
Skillsoft is an Ireland-based educational software that provides services such as compliance training courseware and E-learning programs for IT professionals and businesses.
$75M
Sep 29, 2020
Debt
-

CIT News

CIT Press Releases

CIT Videos

Social Media

CIT Headquarters

11 West 42nd Street

New York, New York10036

212-461-5200

Driving Directions »

Trending Companies

CIT Summary

ABOUT

Overview

CIT Group provides financing, leasing and advisory services to small and middle market businesses and the transportation sector. CIT was founded in 1908. CIT's headquarters is located in New York, New York, USA 10036. It has raised 6.1B in 2 rounds. T...

CEO

CIT's Chairman & CEO, Ellen Alemany, currently has an approval rating of 83%. CIT's primary competitors are GE Capital, Macquarie & Credit Suisse .

Website

cit.com

Frequently Asked Questions about CIT

  1. When was CIT founded?

    CIT was founded in 1908
  2. Who is CIT's CEO?

    CIT's CEO is Ellen Alemany
  3. How much revenue does CIT generate?

    CIT generates $2.5B in revenue
  4. How much funding does CIT have?

    CIT has historically raised $6.1B in funding
  5. Where is CIT's headquarters?

    CIT's headquarters is in New York New York, USA
  1. How many employees does CIT have?

    CIT has 3,678 employees
  2. What sector does CIT operate in?

    CIT is in Banks, Consumer Finance & Credit Cards
  3. Who are CIT's competitors?

    CIT's top competitors are GE Capital, Macquarie, Credit Suisse
  4. Who has CIT invested in?

    CIT's has invested in companies such as Globus Maritime, Anthem Entertainment, Skydance