Company:  CIT GROUP INC (CIT)
Form Type:  10-Q
Filing Date:  7/30/2021 
CIK:  0001171825 
Address:  1 CIT DRIVE 
City, State, Zip:  LIVINGSTON, New Jersey 07039 
Telephone:  (973) 740-5000 
Fiscal Year:  12/31 
Last Trade
Last Trade: 
$52.08  
Change: 
0.59 (1.15%)  
Trade Time: 
Oct 22  
Market Cap: 
$5.16B
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Description of Business
CIT Group Inc. is a bank holding company ("BHC") and a financial holding company ("FHC"). CIT Group Inc., together with its subsidiaries (collectively "we", "our", "CIT" or the "Company"), has $53.9 billion of earning assets and $43.1 billion of deposits at December 31, 2020. CIT was formed in 1908 and provides financing, leasing and advisory services, principally to middle-market companies in a wide variety of industries, primarily in North America. We also provide banking and related services to commercial and individual customers through our banking subsidiary, CIT Bank, N.A. ("CIT Bank" or the "Bank"), which includes a regional branch network of 80 branches and its online bank. CIT is regulated by the Board of Governors of the Federal Reserve System ("FRB") and the Federal Reserve Bank of New York ("FRBNY") under the U.S. Bank Holding Company Act of 1956, as amended. CIT Bank is regulated by the Office of the Comptroller of the Currency of the U.S.
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  FORM 10-Q
    Part One - Financial Information:
      Item 1. Financial Statements
        INCOME STATEMENT
        STOCKHOLDERS EQUITY
        CASH FLOW
        CASH FLOW
        NOTE 1 - BUSINESS AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
          INCOME STATEMENT
          INCOME STATEMENT
          NOTE 16 - SUBSEQUENT EVENTS
      Item 2. Management's Discussion and Analysis of Financial ...
      Item 3. Quantitative and Qualitative Disclosures about ...
        BENEFICIAL OWNERS
      FINANCIAL STATEMENTS
        BALANCE SHEET
        INCOME STATEMENT
      Item 4. Controls and Procedures
    PART II
      Item 1. Legal Proceedings
      Item 1A. Risk Factors
      Item 2. Unregistered Sales of Equity Securities and Use of ...
      Item 4. Mine Safety Disclosure
      Item 6. Exhibits
    SIGNATURES
  EXHIBIT 31.1
    CERTIFICATIONS
  EXHIBIT 31.2
    CERTIFICATIONS
  EXHIBIT 32.1
  EXHIBIT 32.2