$CIT News

Last published 4y ago

4y agoCIT FCNCAFirst Citizens Completes Merger With CIT GroupPR NewswireRALEIGH, N.C., Jan. 4, 2022 /PRNewswire/ -- First Citizens BancShares Inc. (NASDAQ:FCNCA) ("First Citizens"), parent company of First-Citizens Bank & Trust Company ("First Citizens Bank"), today announced completion of its previously announced merger wit
4y agoCALX CIT FCNCA MTRX+3Calix Set to Join S&P MidCap 400; Douglas Elliman to Join S&P SmallCap 600PR NewswireNEW YORK, Dec. 28, 2021 /PRNewswire/ -- S&P Dow Jones Indices will make the following changes to the S&P MidCap 400 and S&P SmallCap 600: Douglas Elliman Inc. (NYSE:DOUG) will be added to the S&P SmallCap 600 prior to the open of trading on Thursday,
4y agoCITCIT Provides $35.5 Million to Greenyield Shipping LLCPR NewswireNEW YORK, Dec. 28, 2021 /PRNewswire/ -- CIT Group Inc. (NYSE:CIT) today announced that its Maritime Finance business provided $35.5 million to finance four commercial shipping vessels operated by Greenyield Shipping LLC.
4y agoAVGO CIT KO MRNA+1Thinking about trading options or stock in Micron Technology, CIT Group, Moderna, Broadcom, or Coca-Cola?PR NewswireNEW YORK, Dec. 21, 2021 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for MU, CIT, MRNA, AVGO, and KO. Click
4y agoCIT FCNCAFIRST CITIZENS, CIT ANNOUNCE RECEIPT OF REGULATORY APPROVALS FOR MERGERPR NewswireRALEIGH, N.C. and NEW YORK, Dec. 17, 2021 /PRNewswire/ -- 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,
4y agoCIT FCNCAFirst Citizens, CIT Announce Receipt of Regulatory Approvals for MergerGlobeNewswireRALEIGH, 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
4y agoCITCIT Arranges $34 Million in Financing for Senior Housing Community in ArizonaPR NewswireNEW YORK, Dec. 16, 2021 /PRNewswire/ -- CIT Group Inc. (NYSE:CIT) today announced that its Healthcare Finance business served as sole lead arranger of $34 million to refinance the Enclaves at Chandler, a senior housing community located in Chandler, A
4y agoCITCIT Provides $6.3 Million Financing to Diamond Communications LLCPR NewswireNEW YORK, Dec. 15, 2021 /PRNewswire/ -- CIT Group Inc. (NYSE:CIT) today announced that its Middle Market Banking business provided $6.3 million to refinance corporate office properties for Diamond Communications LLC.
4y agoCITCIT donates 1.5 million meals to Feeding America® this holiday seasonPR NewswireNEW YORK, Dec. 13, 2021 /PRNewswire/ -- CIT Group Inc. (NYSE:CIT) today announced the results of its fourth annual One Million Meals1 campaign to fight hunger in partnership with Feeding America®. CIT customers, employees, social media fans and others
4y agoCITCIT Leads Refinancing of $69 Million Strata Clean Energy PortfolioPR NewswireNEW YORK, Dec. 2, 2021 /PRNewswire/ -- CIT Group Inc. (NYSE:CIT) today announced that its Power and Energy business led the refinancing of a $69 million portfolio of solar facilities owned and operated by Strata Clean Energy LLC, a leading integrated
4y agoCITCIT Serves as Coordinating Lead Arranger for $210 Million Financing for Brazoria West Solar Project in TexasPR NewswireNEW YORK, Nov. 29, 2021 /PRNewswire/ -- CIT Group Inc. (NYSE:CIT) today announced that its Power and Energy business served as coordinating lead arranger on nearly $210 million in financing for a solar project in Brazoria County, Texas.
4y agoCITCIT Launches Amenities Payment Feature for Community Association Banking ClientsPR NewswireNEW YORK, Nov. 16, 2021 /PRNewswire/ -- CIT Group Inc. (NYSE:CIT) today announced its Community Association Banking division has launched a new amenities feature in C-PropertyPay, a simple, secure payment system that lets residents and association mem
4y agoCITCIT Northbridge Provides Financing for Baker & Taylor AcquisitionPR NewswireNEW YORK, Nov. 16, 2021 /PRNewswire/ -- CIT Group Inc. (NYSE:CIT) today announced that CIT Northbridge Credit, as advised by CIT Asset Management LLC, served as sole lead arranger on a senior secured credit facility to support the acquisition of Baker
5y agoCITCIT Arranges Up to $58 Million to Refinance Four Container ShipsPR NewswireNEW YORK, Nov. 8, 2021 /PRNewswire/ -- CIT Group Inc. (NYSE:CIT) today announced that its Maritime Finance business arranged to provide up to $58 million to refinance four container ships operated by Leonhardt & Blumberg.
5y agoCITCIT Arranges $55.5 Million Financing for Home Care and Hospice Provider New Day Health CarePR NewswireNEW YORK, Nov. 4, 2021 /PRNewswire/ -- CIT Group Inc. (NYSE:CIT) today announced that its Healthcare Finance business served as sole lead arranger on $55.5 million in financing for New Day Healthcare.
5y agoCITCIT Serves as Joint Lead Arranger on $1.16 Billion Financing for PRO Unlimited Inc.PR NewswireNEW YORK, Nov. 2, 2021 /PRNewswire/ -- CIT Group Inc. (NYSE:CIT) today announced that its Asset-Based Lending business served as joint lead arranger on a $1.16 billion financing for PRO Unlimited Inc., a leading Integrated Workforce Management (IWM) p
5y agoCITCIT Launches One Million Meals Campaign to Fight HungerPR NewswireNEW YORK, Nov. 1, 2021 /PRNewswire/ -- CIT Group Inc. (NYSE:CIT) today announced the start of its annual partnership with Feeding America® to help provide One Million Meals1 to people facing hunger across the country.
5y agoCITCIT Providing $70 Million in Financing to Maritime Asset PartnersPR NewswireNEW YORK, Nov. 1, 2021 /PRNewswire/ -- CIT Group Inc. (NYSE:CIT) today announced that its Maritime Finance business is providing $70 million in financing to Maritime Asset Partners for the refinancing of Sterling LLC.
5y agoCITCIT Serves as Sole Lead Arranger on $67.8 Million Financing for Upstate New York Solar Power and Battery Storage PortfolioPR NewswireNEW YORK, Oct. 29, 2021 /PRNewswire/ -- CIT Group Inc. (NYSE:CIT) today announced that its Power and Energy business served as sole lead arranger for $67.8 million in financing for construction of the new AMP NY2 community solar and storage portfolio.
5y agoCITCIT Announces Third Quarter Financial ResultsPR NewswireNEW YORK, Oct. 26, 2021 /PRNewswire/ -- CIT Group Inc. (NYSE:CIT) today announced its third quarter 2021 financial results. View the full press release. The news release is available via CIT's News page and the accompanying prepared remarks, earn
5y agoCITCIT Serves as Sole Lead Arranger for Up to $95 Million in Financing for Relaunch of Castle Rock EntertainmentPR NewswireNEW YORK, Oct. 21, 2021 /PRNewswire/ -- CIT Group Inc. (NYSE:CIT) today announced that its Technology, Media and Telecommunications business served as sole lead arranger and administrative agent on up to $95 million in financing toward the relaunch of
5y agoCITCIT Provides Financing for Heavy Equipment AcquisitionPR NewswireNEW YORK, Oct. 19, 2021 /PRNewswire/ -- CIT Group Inc. (NYSE:CIT) today announced that the Industrial group within its Equipment Finance business has provided about $4.4 million in financing toward the acquisition of multiple pieces of heavy equip
5y agoCITCIT Declares DividendsPR NewswireNEW YORK, Oct. 18, 2021 /PRNewswire/ -- CIT Group Inc. (NYSE:CIT) today announced that its board of directors has declared a quarterly cash dividend of $0.35 per common share on its outstanding common stock. The common stock dividend is payable on Nov. 1
5y agoCITCIT Serves as Sole Lead Arranger on $26.5 Million Maritime FinancingPR NewswireNEW YORK, Oct. 14, 2021 /PRNewswire/ -- CIT Group Inc. (NYSE:CIT) today announced that its Maritime Finance business served as sole lead arranger on $26.5 million in senior secured financing on behalf of Queen Esther Shipping Limited.
5y agoCITCIT to Announce Third Quarter 2021 Financial ResultsPR NewswireNEW YORK, Oct. 12, 2021 /PRNewswire/ -- CIT Group Inc. (NYSE:CIT) today announced it will issue its third quarter 2021 financial results on Tuesday, Oct. 26, 2021. The press release will be issued at 8:00 a.m. ET via PR Newswire and on the CIT News webs
5y agoCITAmericans aren't spooked by Halloween spending, according to CIT Bank surveyPR NewswireNEW YORK, Oct. 7, 2021 /PRNewswire/ -- After the pandemic halted many holiday celebrations and gatherings last year, Americans are excited to safely get back to their favorite Halloween traditions in 2021, according to CIT Bank's latest Halloween survey
5y agoCIT FCNCAFirst Citizens, CIT Extend Merger AgreementGlobeNewswireRALEIGH, N.C. and NEW YORK, Sept. 30, 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 CI
5y agoAAPL BAC CIT TSLA+1Thinking about trading options or stock in Bank of America, Exxon Mobil, CIT Group, Tesla, or Apple?PR NewswireNEW YORK, Sept. 28, 2021 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for BAC, XOM, CIT, TSLA, and AAPL. C
5y agoCITOneWest Bank to Plant 50,000 Trees Through 'Green Checking' CampaignPR NewswirePASADENA, Calif., Sept. 23, 2021 /PRNewswire/ -- OneWest Bank, CIT's Southern California retail bank division, today announced that it will plant 50,000 trees in the Sierra Nevada mountains in the Central Valley of California as a result of its Green
5y agoCITCIT Serves as Sole Lead Arranger on $41.6 Million Financing for California Apartment ComplexPR NewswireNEW YORK, Sept. 16, 2021 /PRNewswire/ -- CIT Group Inc. (NYSE:CIT) today announced that its Real Estate Finance business served as sole lead arranger on a $41.6 million loan for the acquisition and renovation of The Devonshire Apartments in Hemet, Cal
5y agoCITCIT Serves as Sole Lead Arranger on Financing for Houston-area Medical Office BuildingPR NewswireNEW YORK, Sept. 9, 2021 /PRNewswire/ -- CIT Group Inc. (NYSE:CIT) today announced that its Healthcare Finance business served as sole lead arranger on financing for the acquisition of Hedwig Place, a 102,774-square-foot five-story medical office build
5y agoCITCIT Names Eduard Vernède as Managing Director for Defense and Government ServicesPR NewswireNEW YORK, Sept. 8, 2021 /PRNewswire/ -- CIT Group Inc. (NYSE:CIT) today announced that Eduard Vernède has joined the company as managing director in CIT's Aerospace, Defense & Government Services business.
5y agoCITCIT Serves as Sole Lead Arranger on $43 Million Financing for Portfolio of Medical Office BuildingsPR NewswireNEW YORK, Sept. 1, 2021 /PRNewswire/ -- CIT Group Inc. (NYSE:CIT) today announced that its Healthcare Finance business served as sole lead arranger on a loan of about $43 million to finance the acquisition of a portfolio of medical office buildings
5y agoCITCIT and FRONTSTEPS Announce Advanced Payment Features to Increase Convenience and SecurityPR NewswireNEW YORK, Aug. 18, 2021 /PRNewswire/ -- CIT Group Inc. (NYSE:CIT) and FRONTSTEPS today announced an expanded partnership to simplify payments for homeowners in community associations. FRONTSTEPS Pay, a market-leading online payment service, is now avail
5y agoCITCIT Northbridge Serves as Sole Lead Arranger on $50 Million Credit Facility for Intermetal Rebar LLCPR NewswireNEW YORK, Aug. 16, 2021 /PRNewswire/ -- CIT Group Inc. (NYSE:CIT) today announced that CIT Northbridge Credit, as advised by CIT Asset Management LLC, served as sole lead arranger on a $50 million credit facility for Intermetal Rebar LLC.
5y agoCITCIT Provides $28.2 Million in Financing for California Apartment Complex DevelopmentPR NewswireNEW YORK, Aug. 12, 2021 /PRNewswire/ -- CIT Group Inc. (NYSE:CIT) today announced that its Real Estate Finance business provided $28.2 million in financing for construction of the Via Del Lago apartments in the Moreno Valley region of Greater Los Ange
5y agoCITCIT Northbridge Serves as Sole Lead Arranger on $25 Million Credit Facility for F Street InvestmentsPR NewswireNEW YORK, Aug. 11, 2021 /PRNewswire/ -- CIT Group Inc. (NYSE:CIT) today announced that CIT Northbridge Credit, as advised by CIT Asset Management LLC, served as sole lead arranger on a $25 million credit facility for F Street Investments LLC, a lender
5y agoCITCIT Names Kevin Ronan as National Sales Director for Capital Equipment Finance BusinessPR NewswireNEW YORK, July 29, 2021 /PRNewswire/ -- CIT Group Inc. (NYSE:CIT) today announced the appointment of Kevin Ronan as national sales director for the Capital Equipment Finance business.
5y agoCIT DNBDun & Bradstreet Expands Its Board of Directors and Welcomes Banking Industry Veteran Ellen R. AlemanyBusiness WireDun & Bradstreet Holdings, Inc. ("Dun & Bradstreet") (NYSE:DNB), a leading global provider of business decisioning data and analytics, announced today the appointment of Ellen R. Alemany to the company's Board of Directors, effective immediately. Aleman
5y agoCITCIT Serves as Lead Arranger of $100 Million Financing for Cornerstone Healthcare GroupPR NewswireNEW YORK, July 28, 2021 /PRNewswire/ -- CIT Group Inc. (NYSE:CIT) today announced that its Healthcare Finance business served as lead arranger of $100 million in financing for Cornerstone Healthcare Group Holdings Inc. and their long-term acute care h
5y agoCITCIT Announces Second Quarter Financial ResultsPR NewswireNEW YORK, July 27, 2021 /PRNewswire/ -- CIT Group Inc. (NYSE:CIT) today announced its second quarter 2021 financial results. View the full press release. The news release is available via CIT's News page and the accompanying prepared remarks, earnings
5y agoCITCIT Provides $14.3 Million Financing to Depot Properties LLCPR NewswireNEW YORK, July 21, 2021 /PRNewswire/ -- CIT Group Inc. (NYSE:CIT) today announced that its Middle Market Banking business provided $14.3 million in financing to Depot Properties LLC.
5y agoCITCIT to Announce Second Quarter 2021 Financial ResultsPR NewswireNEW YORK, July 20, 2021 /PRNewswire/ -- CIT Group Inc. (NYSE:CIT) today announced it will issue its second quarter 2021 financial results on Tuesday, July 27, 2021. The press release will be issued at 8:00 a.m. ET via PR Newswire and on the CIT News webs
5y agoCITCIT Declares DividendsPR NewswireNEW YORK, July 19, 2021 /PRNewswire/ -- CIT Group Inc. (NYSE:CIT) today announced that its board of directors has declared a quarterly cash dividend of $0.35 per common share on its outstanding common stock. The common stock dividend is payable on Aug.
5y agoCIT FCNCAFirst Citizens, CIT Receive FDIC Approval Of Proposed MergerPR NewswireRALEIGH, N.C. and NEW YORK, July 14, 2021 /PRNewswire/ -- 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,
5y agoCIT FCNCAFirst Citizens, CIT Receive FDIC Approval of Proposed MergerGlobeNewswireRALEIGH, N.C. and NEW YORK, July 14, 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
5y agoCITCIT Serves as Lead Arranger for Approximately $68.4 Million in Financing for Crane Solar in TexasPR NewswireNEW YORK, July 13, 2021 /PRNewswire/ -- CIT Group Inc. (NYSE:CIT) today announced that its Power and Energy business served as lead arranger for $68.4 million in financing for the acquisition of Crane Solar, a 150-megawatt solar farm located in Crane
5y agoCIT KKR GE APO+1Castlelake Commits $2.1 Billion Through Aviation Lending ProgramBloomberg
5y agoCITCIT Provides $42 Million in Financing for Dry Bulk FleetPR NewswireNEW YORK, June 24, 2021 /PRNewswire/ -- CIT Group Inc. (NYSE:CIT) today announced that its Maritime Finance business is providing $42 million in financing for a portfolio of seven dry bulk vessels.
5y agoCITCIT Northbridge Provides $30 Million Credit Facility to Online Luxury Accessories RetailerPR NewswireNEW YORK, June 22, 2021 /PRNewswire/ -- CIT Group Inc. (NYSE:CIT) today announced that CIT Northbridge Credit, as advised by CIT Asset Management LLC, served as sole lead arranger on a $30 million credit facility to an online retailer of luxury accessor