CIT Group Inc

CIT Group Inc

CIT

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Market Cap$0
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Compare to Similar Companies

P/E RatioDividendsReturn on EquityPrice-to-SalesDebt-to-Equity
CIT Group IncCIT Group Inc-8.62.62%11%1.80.9
$93.82

Current Fair Value

75.4% upside

Undervalued by 75.4% based on the discounted cash flow analysis.

Share Statistics

Market cap$0.00
Enterprise Value$5.80 Billion
Dividend Yield$7.50 (2.62%)
Earnings per Share$-6.25
Beta1.47
Outstanding Shares99,168,000

Return

Return on Equity11.09%ROE
Return on Assets1.26%
Return on Invested Capital15.60%

Valuation & Multiples

P/E Ratio-8.56P/E Ratio
PEG-7.9PEG
Price to Sales1.78Price to Sales
Price to Book Ratio0.86Price to Book Ratio
Enterprise Value to Revenue1.95
Enterprise Value to EBIT5.07
Enterprise Value to Net Income8
Total Debt to Enterprise1
Debt to Equity0.94Debt to Equity

Revenue Sources

No data

Insider Trades

Institutional Sentiment (Put/Call)

No data available for the latest quarter.

Institutional Ownership

No data available for the latest quarter.

ESG Score

No data

About CIT Group Inc

4,124 employees
CEO: Ellen Alemany

CIT is a leading national bank focused on empowering businesses and personal savers with the financial agility to navigate their goals. CIT Group Inc. (NYSE: CIT) is a financial holding company with over a century of experience and opera...

Relevant Senate Committees

Joint Committee on Taxation

This committee provides the official 'revenue estimates' for all tax bills, effectively acting as a gatekeeper for fiscal policy. Its technical expertise directly influences corporate tax structures, which are crucial for the profitability of CIT Group and its clients.

Finance

As the most powerful economic committee, it controls taxation and trade policy. Corporate tax rates directly affect bank profitability and the financial health of their clients. Trade policies impact global commerce, which banks facilitate through various services.

Appropriations

This committee allocates discretionary federal spending across various sectors. Its decisions directly impact the cash flow for government programs and projects, influencing the economic activity and credit demand that a commercial bank like CIT Group relies on.

Agriculture, Nutrition, and Forestry

This committee oversees the CFTC, which regulates the derivatives/futures market – a critical component of financial services. Its role in defining cryptocurrencies as digital commodities also directly impacts the evolving financial landscape and services offered by banks.

Banking, Housing, and Urban Affairs

This is the primary committee directly regulating the financial system, including the Federal Reserve, SEC, and HUD. It determines bank capital requirements, financial regulations, and policies affecting real estate markets, all of which are central to CIT Group's business.

Budget

This committee drafts the budget resolution, which sets spending ceilings and influences the overall macroeconomic environment, interest rates, and sovereign debt levels. These factors are fundamentally critical for a commercial bank's operations and financial outlook.