Sheila Stamps - CIT Independent Director
Director
Ms. Sheila A. Stamps is Independent Director of the CIT Group Inc. She currently serves as a Commissioner and Audit Committee Chair on the board of the New York State Insurance Fund, the largest workers compensation insurance provider in the State of New York, and on the Board of Directors of IES Abroad. She previously served as Executive Vice President at Dreambuilder Investments, LLC, a private mortgage investment company, from 2011 to 2012. She served from 2008 to 2011 as Director of Pension Investments and Cash Management at the New York State Common Retirement Fund, and from 2004 to 2005 as a Fellow at the Weatherhead Center for International Affairs at Harvard University. Prior to this, Ms. Stamps served as a Managing Director and Head of Relationship Management, Financial Institutions at Bank of America . From 1982 to 2003, she held a number of executive positions with Bank One Corporation, including Managing Director and Head of European AssetBacked Securitization and Managing Director and Senior Originator of AssetBacked Securitization. She holds an MBA from the University of Chicago. since 2014.
| Age | 62 |
| Tenure | 10 years |
| Professional Marks | MBA |
| Phone | 212 461-5200 |
| Web | www.cit.com |
Sheila Stamps Latest Insider Activity
Tracking and analyzing the buying and selling activities of Sheila Stamps against CIT stock is an integral part of due diligence when investing in CIT. Sheila Stamps insider activity provides valuable insight into whether CIT is net buyers or sellers over its current business cycle. Note, CIT insiders must abide by specific rules, including filing SEC forms every time they buy or sell CIT'sshares to prevent insider trading or benefiting illegally from material non-public information that their positions give them access to.
Sheila Stamps over two weeks ago Acquisition by Sheila Stamps of 13941 shares of MFA Financial subject to Rule 16b-3 |
CIT Management Efficiency
The company has Return on Asset of 1.24 % which means that on every $100 spent on assets, it made $1.24 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 11.98 %, implying that it generated $11.98 on every 100 dollars invested. CIT's management efficiency ratios could be used to measure how well CIT manages its routine affairs as well as how well it operates its assets and liabilities.CIT Group has 6.17 B in debt with debt to equity (D/E) ratio of 1.69, which is OK given its current industry classification. Note however, debt could still be an excellent tool for CIT to invest in growth at high rates of return.
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Management Performance
| Return On Equity | 11.98 | |||
| Return On Asset | 1.24 |
CIT Group Leadership Team
Elected by the shareholders, the CIT's board of directors comprises two types of representatives: CIT inside directors who are chosen from within the company, and outside directors, selected externally and held independent of CIT. The board's role is to monitor CIT's management team and ensure that shareholders' interests are well served. CIT's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, CIT's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Ellen Alemany, Vice Chairman, Member of Audit Committee, Member of Regulatory Compliance Committee, CEO of CIT Bank, N.A. and President of CIT Bank, N. A., and Directors of CIT Bank, N.A. | ||
| Marisa Harney, Executive Vice President, Chief Credit Officer | ||
| R Oates, Independent Director | ||
| Alan Frank, Independent Director | ||
| Edward Sperling, Executive Vice President Principal Accounting Officer, Corporate Controller | ||
| David Harnisch, President of Commercial Finance | ||
| Michael Brosnan, Independent Director | ||
| Dorene Dominguez, Independent Director | ||
| Sheila Stamps, Independent Director | ||
| James Duffy, Executive Vice President and Chief Human Resources Officer | ||
| Michael Carpenter, Independent Director | ||
| Steven Solk, President of Consumer Banking, President, California | ||
| Gerald Rosenfeld, Independent Director | ||
| Wahida Plummer, Executive Vice President, Chief Risk Officer | ||
| James Hubbard, Executive Vice President General Counsel and Corporate Secretary | ||
| Denise Menelly, Executive Vice President and Head of Technology and Operations | ||
| Laura Unger, Independent Director | ||
| John Fawcett, Chief Financial Officer, Executive Vice President | ||
| William Freeman, Independent Director | ||
| John Ryan, Lead Independent Director | ||
| James Hubbardh, Executive Vice President, General Counsel and Corporate Secretary | ||
| Khanh Tran, Independent Director | ||
| Gina Proia, Executive Vice President Chief Marketing and Communications Officer |
CIT Stock Performance Indicators
The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is CIT a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.
| Return On Equity | 11.98 | |||
| Return On Asset | 1.24 | |||
| Profit Margin | 25.80 % | |||
| Operating Margin | 41.40 % | |||
| Current Valuation | 7.13 B | |||
| Shares Outstanding | 99.17 M | |||
| Shares Owned By Insiders | 1.09 % | |||
| Shares Owned By Institutions | 94.43 % | |||
| Number Of Shares Shorted | 5.72 M | |||
| Price To Earning | 7.78 X |
Thematic Opportunities
Explore Investment Opportunities
Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. You can also try the Bond Analysis module to evaluate and analyze corporate bonds as a potential investment for your portfolios..
Other Consideration for investing in CIT Stock
If you are still planning to invest in CIT Group check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the CIT's history and understand the potential risks before investing.
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