CIT Group Inc. operates in the Personal credit institutions sector.
In addition to historical fundamental analyses, the complete report available to purchase compares CIT Group Inc. with three other
companies in this sector in the United States:
sales of $971.78 million
OneMain Holdings Inc
of which 68%
was Consumer and Insurance), and
Credit Acceptance Corporation
of which 100%
was Auto Loans).
CIT Group Inc. reported sales of $3.85 billion
December of 2015.
increase of 6.1%
versus 2014, when the company's sales were $3.63 billion.
Sales of Corporate and Other saw an increase
that was more than double the company's growth rate: sales were up
274.6% in 2015, from
$14.20 million to $53.20 million.
CIT Group Inc. also saw significant increases in sales in
North American Commercial Finance (up 18.7% to $987.80 million)
Not all segments of CIT Group Inc. experienced an increase in sales in 2015:
sales of Non-Strategic Portfolios fell 62.9% to $33.60 million.
(However, this segment's sales were only a very small portion of the company's overall sales).
CIT Group Inc. also experienced decreases in sales in
Transportation Finance (down 1.4% to $285.40 million)