CIT GROUP INC
Financials · National Commercial Banks · DE · SEC filings ↗ · Compare ⊕
Financials
SEC XBRL · annual| FY20 | FY19 | FY18 | FY17 | FY16 | FY15 | |
|---|---|---|---|---|---|---|
| Revenue | $3.15B | $3.29B | $3.27B | $3.21B | $3.09B | $2.61B |
| Operating income | — | — | — | — | — | — |
| Net income | −$624.3M | $118.9M | $447.1M | $179.9M | $146.0M | $1.03B |
| Total assets | $58.11B | $50.83B | $48.54B | $49.28B | $64.17B | $67.39B |
| Total liabilities | $52.38B | $44.49B | $42.59B | $41.96B | $54.17B | $37.55B |
| Equity | $5.72B | $6.34B | $5.95B | $7.32B | $11.09B | $8.75B |
| EPS (diluted) | $-6.40 | $1.18 | $3.61 | $0.88 | $0.72 | $5.55 |
| Shares out. | 98.0M | 100.8M | 130.8M | 202.6M | 201.5M | 176.0M |
Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.
Key ratios
from filings · FY2020- Operating margin
- —
- Net margin
- −19.8%
- Return on equity
- −10.9%
- Return on assets
- −1.1%
- Return on capital (ROCE)
- —
- Liabilities / assets
- 90.2%
- Debt / equity
- 9.15×
- Book value / share
- $58.38
- Revenue growth (YoY)
- −4.2%
- Net income growth (YoY)
- −625.1%
Computed from the company's own SEC figures — no market price, so these are facts, not a valuation. Book value per share is reported equity ÷ shares; it is not the stock price.
Financial health
forensic scores · FY2020- Accruals / assets
- −1.9%clean
- Piotroski F-Score
- 3/7weak
Altman Z″is a textbook bankruptcy-distress score from book values only (>2.6 safe · 1.1–2.6 grey · <1.1 distress). Accruals = (net income − operating cash flow) ÷ assets; persistently high accruals are an earnings-quality red flag. Beneish M-Scoreis an eight-ratio screen comparing this year with last (M > −1.78 = elevated manipulation-risk screen, not proof). Piotroski F-Scorecounts how many of nine fundamental-health checks pass (shown as passed / applicable; we use operating margin and total liabilities as documented proxies where the exact input isn't XBRL-tagged). Computed from SEC filings — descriptive factors, not advice or a forecast.
Quality score
EDS ScoreOur own multi-factor score from free SEC data — profitability, growth, financial strength, earnings quality, and event/ownership catalysts. No market price and no licensed model: each axis is the share of source-backed checks it passes. Descriptive factors, not advice or a forecast.
Signs
● 1 severe● 3 warning● 2 good- Filed a late-filing notice (Form NT) — missed an SEC deadline
- Reported a net loss
- Revenue declined year-over-year
- High leverage (liabilities > 70% of assets)
- Positive operating cash flow
- Clean earnings (low accruals)
Derived from the company's own SEC figures (fundamentals, forensic scores, filing discipline) — descriptive factors, not advice or a forecast.
Risk flags
late SEC filings- NT 10-Kmissed a reporting deadline ↗Mar 1, 2017
- NT 10-Qmissed a reporting deadline ↗Aug 9, 2016
- NT 10-Kmissed a reporting deadline ↗Mar 1, 2016
- NT 10-Qmissed a reporting deadline ↗Nov 9, 2015
A Form NT means the company notified the SEC it would file a periodic report late — often an accounting, audit or liquidity warning sign. Also search SEC enforcement actions for this company.
Insider transactions
SEC Form 4 · most recent| Insider | Date | Type | Shares | Price |
|---|---|---|---|---|
| Frank Alan LDirector | Jan 3, 2022 | D | 9,097 | — |
| Sperling Edward KOfficer — EVP & Controller | Jan 3, 2022 | Grant | 2,721.156 | — |
| Hubbard James R.Officer — EVP, General Counsel & Secy | Jan 3, 2022 | Grant | 4,452.8 | — |
| Plummer WahidaOfficer — EVP & Chief Risk Officer | Jan 3, 2022 | Grant | 4,947.556 | — |
| Menelly Denise M.Officer — EVP, Head of Technology & Ops | Jan 3, 2022 | Grant | 8,905.601 | — |
| Duffy James JOfficer — EVP & Chief HR Officer | Jan 3, 2022 | Grant | 6,926.578 | — |
| Fawcett John J.Officer — EVP and Chief Financial Office | Jan 3, 2022 | Grant | 15,832.179 | — |
| Solk SteveOfficer — President, Consumer Banking | Jan 3, 2022 | Grant | 8,905.601 | — |
Headline trade per Form 4 (officers, directors, 10%+ owners). Buy/sell read from the filing's structured data — blank where a field isn't cleanly tagged.
Material events
SEC Form 8-K · most recent- Completed an acquisition or disposition · Delisting / listing-standard notice · Modified shareholder rights · Change in control · Director / officer change · Other material eventJan 4, 2022
- Other material eventDec 20, 2021
- Results of operations · Regulation FD disclosureOct 26, 2021
- Other material eventOct 18, 2021
- Entered a material agreement · Other material eventSep 30, 2021
- Results of operations · Regulation FD disclosureJul 27, 2021
- Other material eventJul 19, 2021
- Other material eventJul 14, 2021
Events the company reported on Form 8-K, labelled by the SEC item code it filed under — its own classification, not our interpretation.
Recent SEC filings
All filings ↗- SC 13G/AFeb 10, 2022
- SC 13G/ASCHEDULE 13G/AFeb 9, 2022
- SC 13G/AJan 28, 2022
- 15-15DJan 14, 2022
- 15-15DJan 14, 2022
- 15-15DJan 14, 2022
- 15-15DJan 14, 2022
- 15-12BJan 14, 2022
- SC 13GJan 11, 2022
- 4PRIMARY DOCUMENTJan 6, 2022
- 4PRIMARY DOCUMENTJan 5, 2022
- 4PRIMARY DOCUMENTJan 5, 2022
- 4PRIMARY DOCUMENTJan 5, 2022
- 4PRIMARY DOCUMENTJan 5, 2022
- 4PRIMARY DOCUMENTJan 5, 2022