CIT Group Non Operating Income

CIT Group Non Operating Income Calculation

Non-Recurring Items are the incomes received or expenses incurred by the business that are not from regular operations. Examples of NRI include gains (losses) from plant shutdown, lease-breaking fees, lawsuit, write-offs, write-downs, restructuring costs or sales of an investment, discontinued operations etc.

NRI can impact a company's reported income drastically.

Non Operating Income for the trailing twelve months (TTM) ended in Sep. 2021 adds up the quarterly data reported by the company within the most recent 12 months, which was $0 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

GuruFocus lists a PE Ratio without NRI, which is the price/earnings before NRI. We believe it more accurately reflects the valuation of the company.

CIT Group's PE Ratio without NRI Ratio for today is calculated as

CIT Group's Share Price of today is $53.50.
CIT Group's EPS without NRI for the trailing twelve months (TTM) ended in Sep. 2021 adds up the quarterly data reported by the company within the most recent 12 months, which was $6.86.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

CIT Group Non Operating Income Related Terms

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CIT Group Business Description

Industry

Financial Services » Banks NAICS : 522110 SIC : 6022

Comparable Companies

NAS:COLB NAS:SSB NAS:ABCB NAS:CFFN NYSE:HTH NAS:HWC NAS:AUB NAS:CLBK NAS:FULT NYSE:BKU SHSE:600036 NSE:HDFCBANK HKSE:01658 MIC:SBERP NYSE:USB NYSE:TFC NYSE:PNC SHSE:601166 BSP:ITUB3 SHSE:600000

Traded in Other Exchanges

CITpB.PFD:USA QIT1:Germany

Address

11 West 42nd Street, New York, NY, USA, 10036

Website

http://www.cit.com

CIT Group Inc is a banking holding company and a financial holding company operating primarily in North America. It provides financing, leasing, and advisory services primarily to middle-market companies in a diverse group of industries. The company's banking subsidiary mostly operates in Southern California and offers both commercial and retail banking services. The company sources its commercial lending business through direct marketing to customers, vendors, and distributors, among other parties. The company generates revenue by earning interest on loans and investments, as well as commission, fees, and rental income on leased equipment and other financial services. The company also syndicates and sells finance receivables.

Executives

Alemany Ellen R	director, officer: Chair & CEO	ONE ADP BOULEVARD ROSELAND NJ 07068
Rosenfeld Gerald	director	C/O CIT GROUP INC. 1 CIT DRIVE, #3251-9 LIVINGSTON NJ 07039
Duffy James J	officer: EVP & Chief HR Officer	C/O CIT GROUP, 11 WEST 42ND ST. NEW YORK NY 10036
Solk Steve	officer: President, Consumer Banking	C/O CIT GROUP INC., ATTN GENERAL COUNSEL 1 CIT DRIVE LIVINGSTON NJ 07039
Fawcett John J.	officer: EVP and Chief Financial Office	C/O CIT GROUP INC. 1 CIT DRIVE LIVINGSTON NJ 07039
Sperling Edward K	officer: EVP & Controller	C/O CIT GROUP, 1 CIT DRIVE, #3251-9 LIVINGSTON NJ 07039
Menelly Denise M.	officer: EVP, Head of Technology & Ops	C/O CIT GROUP INC., 1 CIT DRIVE LIVINGSTON NJ 07039
Proia Gina M.	officer: EVP & Head of Marketing	C/O CIT GROUP INC., ATTN GENERAL COUNSEL 1 CIT DRIVE LIVINGSTON NJ 07039
Plummer Wahida	officer: EVP & Chief Risk Officer	C/O CIT GROUP INC. 1 CIT DRIVE, #3251-9 LIVINGSTON NJ 07039
Harney Marisa	officer: EVP & Chief Credit Officer	C/O CIT GROUP INC. 1 CIT DRIVE, #3251-9 LIVINGSTON NJ 07039
Harnisch David	officer: Pres., Commercial Finance	C/O CIT GROUP, 1 CIT DRIVE LIVINGSTON NJ 07039
Tran Khanh T	director	C/O CIT GROUP INC., 1 CIT DRIVE, #3521-9 LIVINGSTON NJ 07039
Freeman William M	director	C/O CIT GROUP INC. 1 CIT DRIVE, #3251-9 LIVINGSTON NJ 07039
Oates R. Brad	director	C/O CIT GROUP, 1 CIT DRIVE, #3251-9 LIVINGSTON NJ 07039
Frank Alan L	director	C/O CIT GROUP, 1 CIT DRIVE, #3251-9 LIVINGSTON NJ 07039