CIT Cit Group Inc

Price (delayed)

$46.40

Market cap

$4.58B

P/E Ratio

N/A

Dividend/share

$1.4

EPS

-$6.57

Enterprise value

$10.42B

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

The company's debt fell by 20% QoQ and by 10% YoY
The gross profit has declined by 27% year-on-year but it has increased by 5% since the previous quarter
The revenue has declined by 27% year-on-year but it is up by 5% since the previous quarter
CIT's net income is down by 25% since the previous quarter
The EPS has declined by 25% since the previous quarter

Key stats

What are the main financial stats of CIT
Market
Shares outstanding
98.71M
Market cap
$4.58B
Enterprise value
$10.42B
Valuations
Price to earnings (P/E)
N/A
Price to book (P/B)
0.8
Price to sales (P/S)
2.82
EV/EBIT
N/A
EV/EBITDA
N/A
EV/Sales
6.44
Earnings
Revenue
$1.62B
EBIT
-$703.4M
EBITDA
-$376M
Free cash flow
-$538.2M
Per share
EPS
-$6.57
Free cash flow per share
-$5.47
Book value per share
$58.08
Revenue per share
$16.43
TBVPS
$590.48
Balance sheet
Total assets
$58.11B
Total liabilities
$52.38B
Debt
$5.84B
Equity
$5.72B
Working capital
N/A
Liquidity
Debt to equity
1.02
Current ratio
N/A
Quick ratio
N/A
Net debt/EBITDA
-15.52
Margins
EBITDA margin
-23.3%
Gross margin
100%
Net margin
-38.1%
Operating margin
-44.4%
Efficiency
Return on assets
-1.1%
Return on equity
-11.2%
Return on invested capital
-1%
Return on capital employed
N/A
Return on sales
-43.5%
Dividend
Dividend yield
3.02%
DPS
$1.4
Payout ratio
N/A

CIT stock price

How has the Cit Group stock price performed over time
Intraday
-3.19%
1 week
3.69%
1 month
18.52%
1 year
8.06%
YTD
29.25%
QTD
29.25%

Financial performance

How have Cit Group's revenue and profit performed over time
Revenue
$1.62B
Gross profit
$1.62B
Operating income
-$718.1M
Net income
-$615.3M
Gross margin
100%
Net margin
-38.1%
The gross profit has declined by 27% year-on-year but it has increased by 5% since the previous quarter
The revenue has declined by 27% year-on-year but it is up by 5% since the previous quarter
The company's operating income fell by 25% QoQ
CIT's net income is down by 25% since the previous quarter

Growth

What is Cit Group's growth rate over time

Valuation

What is Cit Group stock price valuation
P/E
N/A
P/B
0.8
P/S
2.82
EV/EBIT
N/A
EV/EBITDA
N/A
EV/Sales
6.44
The EPS has declined by 25% since the previous quarter
The P/B is 100% above the last 4 quarters average of 0.4 and 14% above the 5-year quarterly average of 0.7
Cit Group's equity has decreased by 10% YoY
The price to sales (P/S) is 101% higher than the last 4 quarters average of 1.4 and 4.4% higher than the 5-year quarterly average of 2.7
The revenue has declined by 27% year-on-year but it is up by 5% since the previous quarter

Efficiency

How efficient is Cit Group business performance
The company's return on invested capital has shrunk by 191% YoY and by 11% QoQ
CIT's return on equity is down by 27% since the previous quarter
The ROA has contracted by 22% from the previous quarter
The return on sales has declined by 19% since the previous quarter

Dividends

What is CIT's dividend history
DPS
$1.4
Dividend yield
3.02%
Payout ratio
N/A
Recent dividends

Financial health

How did Cit Group financials performed over time
The total assets is 11% more than the total liabilities
Cit Group's total liabilities has increased by 18% YoY but it has decreased by 4.9% from the previous quarter
The total assets has grown by 14% YoY but it has contracted by 4.5% from the previous quarter
The company's debt fell by 20% QoQ and by 10% YoY

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