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 Enterprise Value is 2.12B. This represents a change of -57.94% compared to the average of 5.04B of the last 4 quarters.
The mean historical Enterprise Value of CIT Group Inc. over the last ten years is 17.63B. The current 2.12B Enterprise Value has changed 1.10% with respect to the historical average. Over the past ten years (40 quarters), CIT-PB's Enterprise Value was at its highest in in the March 2012 quarter at 28.16B. The Enterprise Value was at its lowest in in the June 2020 quarter at 1.86B.
Average
17.63B
Median
17.92B
Minimum
5.65B
Maximum
27.12B
Discovering the peaks and valleys of CIT Group Inc. Enterprise Value, 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 = 12.59%
Maximum Annual Enterprise Value = 27.12B
Minimum Annual Increase = -39.42%
Minimum Annual Enterprise Value = 5.65B
| Year | Enterprise Value | Change |
|---|---|---|
| 2020 | 5.65B | -39.42% |
| 2019 | 9.33B | -14.38% |
| 2018 | 10.90B | -29.10% |
| 2017 | 15.37B | -11.66% |
| 2016 | 17.40B | -5.61% |
| 2015 | 18.43B | -13.53% |
| 2014 | 21.32B | -21.40% |
| 2013 | 27.12B | 12.59% |
| 2012 | 24.09B | -9.85% |
| 2011 | 26.72B | -23.13% |
The current Enterprise Value of CIT Group Inc. (CIT-PB) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages
3-year avg
8.63B
5-year avg
11.73B
10-year avg
17.63B
CIT Group Inc.’s Enterprise Value is
| Company | Enterprise Value | Market cap |
|---|
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What is the Enterprise Value?
How can you use the Enterprise Value?
What is CIT Group Inc.'s Enterprise Value?
What is the highest Enterprise Value for CIT Group Inc. (CIT-PB)?
What is the 3-year average Enterprise Value for CIT Group Inc. (CIT-PB)?
What is the 5-year average Enterprise Value for CIT Group Inc. (CIT-PB)?
How does the current Enterprise Value for CIT Group Inc. (CIT-PB) compare to its historical average?