CIT Bank | Sustainability Performance
Offers commercial financing and leasing services to small and middle-market businesses.
1908
United States
1,001 - 5,000 employees
Banking
$1B - 10B in revenue
$1B - 10B in profitability
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Sustainability Ranking & Industry Benchmark
#8311
Overallⓘ#1914
in United Statesⓘ#333
in BankingⓘSustainability Maturity
ⓘSustainability Intent
ⓘOverview
Financial Data
Business performanceCapital & innovationAnalyst projections
Controversy level
- CIT Bank (First Citizens BancShares acquired 2022 USD 2.2 billion CITFirst Citizens merger), US major commercial bank, has faced sustained class actions over the contested 2022 USD 2.2 billion First CitizensCIT merger integration challenges and the subsequent 2023 USD 110+ billion Silicon Valley Bank FDICmediated emergency acquisition affecting US institutional shareholders amid US regional banking sector consolidation pressure.
