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4-Traders Homepage  >  Equities  >  Nyse  >  CIT Group Inc.    CIT

Delayed Quote. Delayed  - 07/28 10:01:02 pm
34.74 USD   +1.08%
07/28 CIT : Takes Big Hit on Reverse Mortgage Business
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CIT Group Inc. : CIT to Present at the 2012 American Financial Services Association Investor Conference on May 16, 2012

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05/09/2012 | 02:35pm CEST

Webcast Scheduled for 9:30 AM EDT

CIT Group Inc. (NYSE: CIT) cit.com, a leading provider of financing to small businesses and middle market companies, today announced that its Chief Financial Officer Scott T. Parker will present at the American Financial Services Association's 22nd Annual Finance Industry Conference for Fixed Income Investors on Wednesday, May 16, 2012, in Boston, MA. The presentation is scheduled for 9:30 AM EDT.

Scott T. Parker, Chief Financial Officer, CIT Group (Photo: Business Wire)

Scott T. Parker, Chief Financial Officer, CIT Group (Photo: Business Wire)

A live webcast of the presentation, in addition to the accompanying slides, will be available on CIT's Investor Relations Web site at cit.com/investor. To view the presentation and listen to the live event, log on to the Web site approximately 15 minutes prior to the event to register and to download and install any necessary audio software.

A replay of the presentation will be available shortly following the event until 11:59 PM EDT on May 30, 2012. A copy of the presentation slides will also be accessible on CIT's Web site.

Individuals interested in receiving corporate news releases can register at cit.com/newsalerts or subscribe to the RSS feed at cit.com/rssfeed.

About CIT

Founded in 1908, CIT (NYSE: CIT) is a bank holding company with more than $34 billion in finance and leasing assets. A member of the Fortune 500, it provides financing and leasing capital to its more than one million small business and middle market clients and their customers across more than 30 industries. CIT maintains leadership positions in small business and middle market lending, factoring, retail finance, aerospace, equipment and rail leasing, and global vendor finance. CIT also operates CIT Bank (Member FDIC), BankOnCIT.com, its primary bank subsidiary, which offers a suite of online savings options designed to help customers achieve a range of financial goals. cit.com

Photos/Multimedia Gallery Available: http://www.businesswire.com/cgi-bin/mmg.cgi?eid=50270193&lang=en

C. Curtis Ritter
Director of Corporate Communications
Matt Klein
Vice President, Media Relations
Ken Brause
Executive Vice President

© Business Wire 2012
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Financials ($)
Sales 2016 2 539 M
EBIT 2016 1 035 M
Net income 2016 503 M
Debt 2016 -
Yield 2016 1,88%
P/E ratio 2016 10,70
P/E ratio 2017 9,21
Capi. / Sales 2016 2,73x
Capi. / Sales 2017 2,71x
Capitalization 6 933 M
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Average target price 41,7 $
Spread / Average Target 21%
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Ellen Rose Alemany Chairman & Chief Executive Officer
Stacey Goodman Chief Operating & Information Officer
Carol Hayles Chief Financial Officer & Executive Vice President
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