4-Traders.com reported that three years after emerging from Chapter 11 proceedings, CIT Group has eliminated more than $31 billion in high-cost debt, purged troubled assets and made headway on its quest to cut funding costs by raising more consumer deposits to finance its customers’ loans.

However, the report continued, operating under restrictions from the Federal Reserve and facing increasing competition from larger regional lenders that are aggressively courting commercial borrowers with low-rate loans are concerns for investors worried about profit-margin pressure.

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