Equities
FinancialsBanks
  • Price (USD)50.20
  • Today's Change1.14 / 2.32%
  • Shares traded54.65k
  • 1 Year change+45.89%
  • Beta1.4710
Data delayed at least 15 minutes, as of Dec 01 2021 15:49 GMT.
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About the company

CIT Group Inc. (CIT) is a bank holding company (BHC) and a financial holding company (FHC). The Company provides financing, leasing and advisory services, principally to middle-market companies in a range of industries, primarily in North America. It also provides banking and related services to commercial and individual customers through its banking subsidiary, CIT Bank, N.A. (the Bank), which includes a regional branch network of approximately 80 branches and its online bank. The Company operates through two segments: Commercial Banking and Consumer Banking. Commercial Banking segment is comprised of four divisions, commercial finance, rail, real estate finance and business capital. Consumer Banking segment includes the consumer and community banking and legacy consumer mortgages (LCM) divisions. Retail banking, consumer lending, community development lending and Small Business Administration (SBA) lending are offerings within consumer and community banking.

  • Revenue in USD (TTM)1.54bn
  • Net income in USD684.70m
  • Incorporated2001
  • Employees4.09k
  • Location
    CIT Group Inc1 Cit DrLIVINGSTON 07039-5703United StatesUSA
  • Phone+1 (973) 740-5000
  • Fax+1 (302) 655-5049
  • Websitehttps://www.cit.com/
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Peer analysis

Key Information
CompanyRevenue (TTM)Net income (TTM)Market capEmployeesPrice/earnings (TTM)Price/book value (MRQ)Price/cash flow (TTM)Price/sales (TTM)EPS (excl. extraordinary items, TTM)EPS (incl. extraordinary items, TTM)Revenue per share (TTM)Book value per share (MRQ)Asset turnover (TTM)Inventory turnover (TTM)Receivables turnover (TTM)Revenues per employee (TTM)Return on avg assets (TTM)Return on avg assets (5 yr avg)Return on investment (TTM)Return on investment (5 yr avg)Gross margin (TTM)Gross margin
(5 yr avg)
Net profit margin (TTM)Net Profit margin
(5 yr avg)
Quick ratio (MRQ)Interest coverage (TTM)Total debt to capital (MRQ)Payout ratio
(5 yr avg)
Revenue
(YOY change %)
Revenue
(5 yr growth rate)
Net income
(YOY change %)
Net income
(5 yr growth rate)
Capital expenditure
(5 yr growth rate)
Dividend
(5 yr growth rate)
First National of Nebraska Inc788.09m92.07m4.26bn6.21k50.865.5826.644.37275.25275.252,916.192,509.80--------0.9461.06--------9.4410.79------15.35-3.901.00-23.362.8520.384.82
ServisFirst Bancshares, Inc.408.42m204.90m4.36bn493.0021.343.9120.8210.643.773.777.5320.55--------1.581.63--------50.0244.81------18.48-0.455716.6713.6321.79-16.0843.30
Healthequity Inc740.83m723.00k4.57bn2.93k4,068.452.4536.436.160.01340.01349.2122.280.2549--10.26--0.02493.780.02644.0456.7759.350.097610.01--2.330.34330.0037.8942.06-77.73-11.8714.04--
United Bankshares, Inc.808.84m386.26m4.62bn3.05k11.941.04--4.322.992.998.2734.29--------1.451.24--------36.1831.13------59.914.7013.5111.1215.9429.311.81
Sterling Bancorp931.86m361.74m4.78bn1.46k13.211.0312.094.771.881.885.2024.90--------1.221.08--------36.9132.42------19.01-15.6823.84-48.0126.9420.040.00
UMB Financial Corp847.23m430.84m4.86bn3.59k11.331.569.953.538.888.8828.3464.37--------1.270.8955--------31.3020.09------26.34-6.3013.4217.6124.302.295.70
CIT Group Inc.1.54bn684.70m4.87bn4.09k7.150.86124.611.946.866.8625.2262.26--------1.240.1595--------28.463.65------185.97-10.804.48-226.62---19.9018.47
Webster Financial Corporation942.89m347.97m4.88bn3.35k13.961.5112.644.063.863.8613.3337.38--------1.051.03--------29.7925.44------42.21-13.215.68-43.301.60-10.0412.45
Wintrust Financial Corp1.26bn440.63m4.99bn5.36k11.471.259.222.947.637.6329.4277.43--------1.020.9313--------27.5821.85------15.81-6.6512.47-21.8413.247.9320.55
TFS Financial Corporation389.35m79.46m5.05bn896.0061.892.9244.5017.610.29080.29081.036.17--------0.56450.6036--------28.2328.95------54.54-14.480.0468-2.80-0.0854-31.8921.44
PacWest Bancorp1.12bn579.64m5.25bn1.70k9.041.378.084.234.954.9510.5932.77--------1.830.3263--------47.447.16------317.41-9.544.54-367.42---4.40-7.56
Silvergate Capital Corp114.12m66.26m5.43bn218.0075.645.0676.3335.752.702.706.3940.40--------0.8606----------43.58-----------1.78--4.80------
SouthState Corp1.10bn454.93m5.46bn5.18k12.231.1410.553.896.396.3919.6768.55--------1.160.908--------32.4820.36------39.1854.0321.90-35.313.932.1513.92
Valley National Bancorp1.33bn451.48m5.47bn3.16k12.141.1910.344.061.111.113.3011.84--------1.130.8859--------34.4626.64------56.774.7514.3727.2030.69-6.280.00
Data as of Dec 01 2021. Currency figures normalised to CIT Group Inc's reporting currency: US Dollar USD

Institutional shareholders

49.70%Per cent of shares held by top holders
HolderShares% Held
BlackRock Fund Advisorsas of 30 Sep 202110.02m10.10%
The Vanguard Group, Inc.as of 30 Sep 20219.41m9.49%
SSgA Funds Management, Inc.as of 30 Sep 20215.28m5.32%
Alua Capital Management LPas of 30 Sep 20214.48m4.52%
Lord, Abbett & Co. LLCas of 30 Sep 20214.37m4.41%
Egerton Capital (UK) LLPas of 30 Sep 20213.74m3.77%
Fuller & Thaler Asset Management, Inc.as of 30 Sep 20213.51m3.54%
Dimensional Fund Advisors LPas of 30 Sep 20213.16m3.19%
Hotchkis & Wiley Capital Management LLCas of 30 Sep 20213.09m3.12%
Invesco Advisers, Inc.as of 30 Sep 20212.22m2.24%
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Data from 30 Sep 2021 - 30 Sep 2021Source: FactSet Research Systems Inc.
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