Equities
FinancialsBanks
  • Price (USD)27.06
  • Today's Change0.73 / 2.77%
  • Shares traded201.00
  • 1 Year change-38.90%
  • Beta1.9504
Data delayed at least 15 minutes, as of Oct 20 2020 21:10 BST.
More ▼

Profile data is unavailable for this security.

About the company

CIT Group Inc. (CIT) is a bank holding company (BHC) and a financial holding company (FHC). The Company, together with its subsidiaries, provides financing, leasing and advisory services to middle market companies in a range of industries in North America. The Company's segments include Commercial Banking, Consumer Banking, Non-Strategic Portfolios, and Corporate and Other. The Commercial Banking segment consists of four divisions: Commercial Finance, Rail, Real Estate Finance, and Business Capital. The Consumer Banking segment includes Retail Banking, Mortgage Lending, and SBA Lending (together referred to as Other Consumer Banking), and Legacy Consumer Mortgages (LCM). The Company's products and services include account receivables collection, acquisition and expansion financing, asset management and servicing, asset-based loans, debt underwriting and syndication, deposits, enterprise value and cash flow loans, equipment leases, factoring services and financial risk management.

  • Revenue in USD (TTM)1.95bn
  • Net income in USD-461.80m
  • Incorporated2001
  • Employees3.61k
  • Location
    CIT Group Inc1 Cit DrLIVINGSTON 07039-5703United StatesUSA
  • Phone+1 (973) 740-5000
  • Fax+1 (302) 655-5049
  • Websitehttps://www.cit.com/
More ▼

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 Interstate Bancsystem Inc542.30m167.50m2.31bn2.47k13.851.1611.123.542.592.5910.1130.96--------1.081.14--------25.6425.02------41.3817.0315.7112.9816.48--14.14
Pacific Premier Bancorp, Inc.530.36m7.91m2.32bn989.0071.860.874363.844.580.34230.34237.9028.14--------0.05651.24--------1.8027.94------13.1017.3245.2629.6756.9167.05--
Old National Bancorp666.61m201.47m2.35bn2.71k11.790.80615.012.891.211.214.8617.67--------0.93930.9683--------24.8022.76------47.3515.5613.3924.8318.1012.823.40
Bancorpsouth Bank804.02m217.98m2.37bn4.69k10.810.890922.002.332.102.109.7927.13--------1.041.09--------22.1321.57------30.1518.6011.4711.8414.9426.1525.30
Sterling Bancorp1.12bn286.18m2.39bn1.64k8.610.55027.382.311.431.435.2123.06--------0.9631.14--------28.4333.62------19.41-0.491---4.59------
CVB Financial Corp.440.85m180.86m2.41bn585.0013.601.2312.125.131.311.313.4114.46--------1.461.51--------38.5537.93------49.3526.5312.6036.7914.9123.8811.20
F.N.B. Corp1.17bn300.77m2.43bn3.77k8.160.50249.402.000.92270.92273.7215.32--------0.86051.04--------25.4326.96------47.926.5819.633.3022.8017.850.00
UNB Corp.81.18m15.34m2.55bn338.0079.4914.07152.2543.641.451.455.518.18--------1.431.36--------26.2525.73------36.630.62976.527.5313.48-9.7711.13
Webster Financial Corporation1.10bn266.27m2.61bn3.30k9.910.86158.592.172.922.9213.2335.20--------0.89421.08--------22.9426.45------38.059.429.949.4714.62-3.0615.33
CIT Group Inc.1.95bn-461.80m2.66bn3.61k--0.5109--1.15-4.62-4.6224.0758.30---------0.77710.6381---------18.7515.46------35.486.6911.7815.60-5.45-23.3721.06
Home Bancshares Inc685.54m205.92m2.70bn1.92k13.171.0617.813.981.241.244.1015.38--------1.311.79--------30.2738.52------28.924.7616.41-3.6220.69194.7223.85
UMB Financial Corp839.10m185.99m2.73bn3.67k14.920.983111.102.433.813.8123.0857.84--------0.69180.8146--------16.5218.25------30.4017.8918.8527.3515.0910.055.92
Wintrust Financial Corp1.38bn261.36m2.81bn5.06k10.820.7857.951.814.514.5126.7869.31--------0.69850.9639--------17.3522.24------13.9418.3115.594.1219.0916.5520.11
Umpqua Holdings Corp1.08bn-1.63bn2.82bn3.94k--1.11--2.32-7.41-7.415.5111.53---------5.661.06---------134.2022.76------59.255.996.5811.9619.19-26.606.96
Bank Ozk1.11bn266.83m2.84bn2.80k10.730.69799.412.942.072.077.4831.78--------1.082.02--------27.6142.86------23.855.6131.882.1129.1340.4414.87
Data as of Oct 20 2020. Currency figures normalised to CIT Group Inc's reporting currency: US Dollar USD

Institutional shareholders

53.64%Per cent of shares held by top holders
HolderShares% Held
BlackRock Fund Advisorsas of 30 Jun 202010.94m11.12%
The Vanguard Group, Inc.as of 30 Jun 202010.00m10.16%
First Pacific Advisors LPas of 30 Jun 20206.00m6.10%
SSgA Funds Management, Inc.as of 30 Jun 20205.25m5.34%
Capital Research & Management Co. (World Investors)as of 30 Jun 20204.88m4.96%
LSV Asset Managementas of 30 Jun 20204.16m4.23%
Fuller & Thaler Asset Management, Inc.as of 30 Jun 20203.44m3.50%
Dimensional Fund Advisors LPas of 30 Jun 20203.26m3.31%
Thompson, Siegel & Walmsley LLCas of 30 Jun 20202.61m2.65%
Hotchkis & Wiley Capital Management LLCas of 30 Jun 20202.26m2.30%
More ▼
Data from 30 Jun 2020 - 30 Jun 2020Source: FactSet Research Systems Inc.
The Financial and Risk business of Thomson Reuters is now Refinitiv
All markets data located on FT.com is subject to the FT Terms & Conditions
All content on FT.com is for your general information and use only and is not intended to address your particular requirements. In particular, the content does not constitute any form of advice, recommendation, representation, endorsement or arrangement by FT and is not intended to be relied upon by users in making (or refraining from making) any specific investment or other decisions.
Any information that you receive via FT.com is at best delayed intraday data and not "real time". Share price information may be rounded up/down and therefore not entirely accurate. FT is not responsible for any use of content by you outside its scope as stated in the FT Terms & Conditions.