Financial Institutions

The Company conducts its business through its subsidiaries: Five Star Bank (the Bank), a New York chartered bank, and Scott Danahy Naylon, LLC (SDN), a full service insurance agency. The Company offers an array of deposit, lending, insurance services and other financial services to individuals, municipalities and businesses in Western and Central New York through the Bank. The Company operates through two segments: banking and insurance. The banking segment includes the Company's retail and commercial banking operations. The insurance segment includes the activities of SDN, which provides a range of insurance services to both personal and business clients. It offers a choice of various delivery systems and channels, including telephone, point-of-sale transactions, automated clearing house (ACH) transactions, remote deposit and mobile banking through telephone or wireless devices.

Company Growth (employees)
Type
Public
HQ
Warsaw, US
Size (employees)
654 (est)
Website
snl.com
Financial Institutions is headquartered in Warsaw, US

Financial Institutions Office Locations

Financial Institutions has offices in Warsaw and Brooklyn
Warsaw, US (HQ)
220 Liberty St
Brooklyn, US
6201 15th Ave

Financial Institutions Data and Metrics

Financial Institutions Financial Metrics

Financial Institutions's revenue was reported to be $38.4 m in Q1, 2017
USD

Revenue (Q1, 2017)

38.4 m

Gross profit (Q1, 2017)

34.8 m

Gross profit margin (Q1, 2017), %

91%

Net income (Q1, 2017)

7.9 m

EBIT (Q1, 2017)

24.2 m

Market capitalization (18-Aug-2017)

399.2 m

Cash (31-Mar-2017)

149.7 m
Financial Institutions's current market capitalization is $399.2 m.
USDFY, 2013FY, 2014FY, 2015FY, 2016

Revenue

98.9 m101.1 m105.5 m115.2 m

Revenue growth, %

2%4%9%

Cost of goods sold

10.1 m12.5 m

Gross profit

95.3 m102.7 m

Gross profit Margin, %

90%89%

Sales and marketing expense

45.2 m

General and administrative expense

14.5 m

Operating expense total

59.7 m

EBIT

87.9 m93.1 m

EBIT margin, %

83%81%

Pre tax profit

38.9 m44.1 m

Income tax expense

10.5 m12.2 m

Net Income

25.5 m29.4 m28.3 m31.9 m
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Revenue

32.4 m34 m36.9 m37.2 m37.9 m38.4 m

Cost of goods sold

2.6 m2.9 m2.9 m3 m3.3 m3.5 m

Gross profit

29.9 m31.1 m33.9 m34.1 m34.6 m34.8 m

Gross profit Margin, %

92%92%92%92%91%91%

Sales and marketing expense

10.6 m10.3 m11.6 m10.8 m11.3 m11.4 m

General and administrative expense

3.4 m3.4 m3.6 m3.7 m3.6 m4 m

Operating expense total

14 m13.7 m15.2 m14.5 m14.9 m15.3 m

EBIT

22.1 m23.4 m22.4 m23.2 m24.1 m24.2 m

EBIT margin, %

68%69%61%63%64%63%

Pre tax profit

9.3 m11.1 m10.4 m10 m12 m11.1 m

Income tax expense

2.8 m2.7 m2.7 m2.9 m3.5 m3.2 m

Net Income

7 m7.2 m6.8 m7 m8.3 m7.6 m7.2 m8.5 m7.9 m
USDFY, 2015FY, 2016

Cash

60.1 m71.3 m

Inventories

2.3 b

PP&E

39.4 m42.4 m

Total Assets

3.4 b3.7 b

Accounts Payable

3 b

Total Debt

331.5 m

Total Liabilities

3.4 b

Additional Paid-in Capital

72.7 m81.8 m

Retained Earnings

218.9 m237.7 m

Total Equity

293.8 m320.1 m

Debt to Equity Ratio

1 x

Debt to Assets Ratio

0.1 x

Financial Leverage

11.5 x11.6 x
USDQ2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Cash

52.6 m51.3 m110.9 m67.6 m110.7 m149.7 m

Inventories

2 b2 b2.1 b2.2 b2.3 b2.4 b

PP&E

37.1 m38 m40.8 m40.6 m40.2 m46.5 m

Total Assets

3.4 b3.4 b3.5 b3.6 b3.7 b3.9 b

Accounts Payable

2.7 b2.8 b3 b2.9 b3.1 b3.2 b

Additional Paid-in Capital

72.3 m72.4 m81 m81.3 m81.5 m81.9 m

Retained Earnings

210.3 m215.5 m223.3 m227.2 m232.4 m242.5 m

Total Equity

284.4 m295.4 m314 m322.2 m326.3 m325.7 m

Financial Leverage

11.8 x11.4 x11.2 x11.1 x11.3 x11.9 x
USDFY, 2013FY, 2014FY, 2015FY, 2016

Net Income

25.5 m29.4 m28.3 m31.9 m

Depreciation and Amortization

8.6 m9.2 m

Cash From Operating Activities

43.1 m46.7 m

Cash From Investing Activities

(305.9 m)(326.7 m)

Cash From Financing Activities

264.8 m291.1 m
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Net Income

7 m7.2 m6.8 m7 m8.3 m7.6 m7.2 m8.5 m7.9 m

Depreciation and Amortization

4.2 m6.4 m2.2 m4.5 m6.8 m2.3 m

Cash From Operating Activities

22.3 m35.2 m17 m22.8 m37.4 m7.3 m

Cash From Investing Activities

(282.1 m)(281.2 m)(79 m)(182.3 m)(247.9 m)(71.8 m)

Cash From Financing Activities

254.2 m239.2 m112.8 m167 m261.1 m142.9 m

Interest Paid

3.2 m5.6 m2.1 m5.5 m8.1 m2.6 m

Income Taxes Paid

1.5 m4.3 m500 k3.2 m4.5 m
USDY, 2017

Revenue/Employee

58.7 k

Financial Leverage

11.9 x

Financial Institutions Market Value History

Traffic Overview of Financial Institutions

Financial Institutions News and Updates

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Financial Institutions Company Life and Culture

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