CIT Cit Group Inc

Price (delayed)

$50.87

Market cap

$5.04B

P/E Ratio

17.72

Dividend/share

$1.4

EPS

$2.87

Enterprise value

$9.88B

Sector: Financial Services
Industry: Banks - Regional

CIT Group Inc. is a financial holding company and bank holding company incorporated in Delaware and headquartered in New York City. CIT Bank, CIT's banking subsidiary, is headquartered in Pasadena, ...

Highlights

CIT's net income has soared by 151% since the previous quarter
The EPS has surged by 144% since the previous quarter

Key stats

What are the main financial stats of CIT
Market
Shares outstanding
99.07M
Market cap
$5.04B
Enterprise value
$9.88B
Valuations
Price to earnings (P/E)
17.72
Price to book (P/B)
0.86
Price to sales (P/S)
2.17
EV/EBIT
25.12
EV/EBITDA
13.59
EV/Sales
4.27
Earnings
Revenue
$2.31B
EBIT
$393.3M
EBITDA
$727.1M
Free cash flow
$267.2M
Per share
EPS
$2.87
Free cash flow per share
$2.7
Book value per share
$58.92
Revenue per share
$23.41
TBVPS
$567.23
Balance sheet
Total assets
$56.05B
Total liabilities
$50.23B
Debt
$4.84B
Equity
$5.82B
Working capital
N/A
Liquidity
Debt to equity
0.83
Current ratio
N/A
Quick ratio
N/A
Net debt/EBITDA
6.66
Margins
EBITDA margin
31.4%
Gross margin
100%
Net margin
13.5%
Operating margin
16.4%
Efficiency
Return on assets
0.5%
Return on equity
4.9%
Return on invested capital
0.6%
Return on capital employed
N/A
Return on sales
17%
Dividend
Dividend yield
2.75%
DPS
$1.4
Payout ratio
48.8%

CIT stock price

How has the Cit Group stock price performed over time
Intraday
0.57%
1 week
-4.97%
1 month
-2.75%
1 year
226.72%
YTD
41.7%
QTD
-1.24%

Financial performance

How have Cit Group's revenue and profit performed over time
Revenue
$2.31B
Gross profit
$2.31B
Operating income
$378.7M
Net income
$312.8M
Gross margin
100%
Net margin
13.5%
The company's operating income has surged by 153% QoQ
CIT's net income has soared by 151% since the previous quarter
Cit Group's operating margin has soared by 137% from the previous quarter
The company's net margin has surged by 135% QoQ

Growth

What is Cit Group's growth rate over time

Valuation

What is Cit Group stock price valuation
P/E
17.72
P/B
0.86
P/S
2.17
EV/EBIT
25.12
EV/EBITDA
13.59
EV/Sales
4.27
The EPS has surged by 144% since the previous quarter
The P/B is 72% above the last 4 quarters average of 0.5 and 8% above the 5-year quarterly average of 0.8
The revenue is up by 43% since the previous quarter and by 30% year-on-year
The price to sales (P/S) is 28% higher than the last 4 quarters average of 1.7 but 17% lower than the 5-year quarterly average of 2.6

Efficiency

How efficient is Cit Group business performance
The company's return on invested capital has surged by 160% QoQ
The ROA has soared by 145% from the previous quarter
CIT's return on equity has surged by 144% since the previous quarter
The return on sales has surged by 139% since the previous quarter

Dividends

What is CIT's dividend history
DPS
$1.4
Dividend yield
2.75%
Payout ratio
48.8%
Recent dividends

Financial health

How did Cit Group financials performed over time
The total assets is 12% more than the total liabilities
Cit Group's total liabilities has decreased by 5% YoY and by 4.1% from the previous quarter
The total assets has contracted by 4.9% YoY and by 3.5% from the previous quarter
The company's debt is 17% lower than its equity
The company's debt to equity fell by 40% YoY and by 19% QoQ
The company's debt fell by 40% YoY and by 17% QoQ

All financial data is based on trailing twelve months (TTM) periods - updated quarterly, unless otherwise specified.