CIT-PB
Price:
$26.7
Market Cap:
$0
CIT Group Inc. operates as the holding company for CIT Bank, N.A. that provides banking and related services to commercial and individual customers. The company operates through Commercial Banking and Consumer Banking segments. The Commercial Banking segment provides a range of commercial lending, leasing, and deposit products; loans comprising revolving lines of credit, term loans, unsecured loans, collateral-backed loans, asset-based loans, commercial real estate loans, and cash flow loans; and ancillary services and products, including cash management, capital markets, and advisory services primarily to small and middle market companies. This segment also offers asset management, factorin...[Read more]
Industry
Banks - Regional
IPO Date
2022-01-31
Stock Exchange
NYSE
Ticker
CIT-PB
According to CIT Group Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 483.16. This represents a change of -35.21% compared to the average of 745.72 of the last 4 quarters.
The mean historical Current Ratio of CIT Group Inc. over the last ten years is 259.04. The current 483.16 Current Ratio has changed 18.55% with respect to the historical average. Over the past ten years (40 quarters), CIT-PB's Current Ratio was at its highest in in the March 2021 quarter at 1.01K. The Current Ratio was at its lowest in in the March 2012 quarter at 0.
Average
259.04
Median
251.28
Minimum
82.01
Maximum
483.16
Discovering the peaks and valleys of CIT Group Inc. Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 738.63%
Maximum Annual Current Ratio = 483.16
Minimum Annual Increase = -12.63%
Minimum Annual Current Ratio = 82.01
| Year | Current Ratio | Change |
|---|---|---|
| 2020 | 483.16 | 23.76% |
| 2019 | 390.40 | 3.34% |
| 2018 | 377.78 | -7.65% |
| 2017 | 409.06 | 45.46% |
| 2016 | 281.21 | 27.04% |
| 2015 | 221.35 | 75.71% |
| 2014 | 125.98 | 0.31% |
| 2013 | 125.59 | 53.14% |
| 2012 | 82.01 | -12.63% |
| 2011 | 93.86 | 738.63% |
The current Current Ratio of CIT Group Inc. (CIT-PB) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages
3-year avg
417.11
5-year avg
388.32
10-year avg
259.04
CIT Group Inc.’s Current Ratio is
| Company | Current Ratio | Market cap |
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