Market Cap : 3.91 B | Enterprise Value : 5.29 B | P/E (TTM) : | P/B : 0.75 |
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CIT Group's Allowance For Loans And Lease Losses for the quarter that ended in Sep. 2020 was $-1,206 Mil.
CIT Group's quarterly Allowance For Loans And Lease Losses declined from Mar. 2020 ($-1,111 Mil) to Jun. 2020 ($-1,203 Mil) and declined from Jun. 2020 ($-1,203 Mil) to Sep. 2020 ($-1,206 Mil).
CIT Group's annual Allowance For Loans And Lease Losses declined from Dec. 2017 ($-431 Mil) to Dec. 2018 ($-490 Mil) but then increased from Dec. 2018 ($-490 Mil) to Dec. 2019 ($-483 Mil).
* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.
Allowance For Loans And Lease Losses is a contra account sets aside as an allowance for bad loans.
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