Financial Institutions conducts its business through its subsidiaries: Five Star Bank, a New York chartered bank, and Scott Danahy Naylon, 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. It 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 transactions, remote deposit and mobile banking through telephone or wireless devices.

TypePublic
HQWarsaw, US
Size (employees)700 (est)+8%
Websitesnl.com
Financial Institutions is headquartered in Warsaw, US
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Financial Institutions Office Locations

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

Financial Institutions Revenue

Financial Institutions's revenue was reported to be $164.84 m in FY, 2017
USD

Revenue (Q3, 2018)

48.9m

Gross profit (Q3, 2018)

40.7m

Gross profit margin (Q3, 2018), %

83.2%

Net income (Q3, 2018)

10.6m

EBIT (Q3, 2018)

28.8m

Market capitalization (17-Jan-2019)

437.3m

Closing stock price (17-Jan-2019)

27.5

Cash (30-Sep-2018)

117.3m

EV

628.2m
Financial Institutions's current market capitalization is $437.3 m.
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Revenue

98.9m101.1m135.8m151.0m164.8m

Revenue growth, %

2%4%9%

Cost of goods sold

10.1m12.5m17.5m

Gross profit

125.7m138.5m147.3m
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018

Revenue

32.4m34.0m36.9m37.2m37.9m38.4m40.7m42.0m44.4m45.4m48.9m

Cost of goods sold

2.6m2.9m2.9m3.0m3.3m3.5m4.0m5.0m5.8m6.8m8.2m

Gross profit

29.9m31.1m33.9m34.1m34.6m34.8m36.8m37.0m38.6m38.6m40.7m

Gross profit Margin, %

92%92%92%92%91%91%90%88%87%85%83%
Annual
USDFY, 2013FY, 2015FY, 2016FY, 2017

Cash

59.7m60.1m71.3m99.2m

Accounts Receivable

Inventories

1.8b2.1b2.3b2.7b

PP&E

36.0m39.4m42.4m45.2m
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Net Income

25.5m29.4m28.3m31.9m33.5m

Depreciation and Amortization

8.6m9.2m9.5m

Inventories

Accounts Payable

Quarterly
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018

Net Income

7.0m7.2m6.8m13.4m8.3m7.6m7.2m23.2m7.9m6.2m22.5m9.3m21.5m32.0m

Depreciation and Amortization

4.2m6.4m2.2m4.5m6.8m2.3m4.7m7.1m2.3m4.6m6.8m

Cash From Operating Activities

22.3m35.2m17.0m22.8m37.4m7.3m22.6m35.4m17.1m30.3m50.8m

Cash From Investing Activities

(282.1m)(281.2m)(79.0m)(182.3m)(247.9m)(71.8m)(172.7m)(294.0m)(40.7m)(111.1m)(158.2m)
USDY, 2018

EV/EBIT

21.8 x

EV/CFO

12.4 x

Debt/Equity

0.8 x

Debt/Assets

0.1 x

Financial Leverage

10.9 x
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Financial Institutions Operating Metrics

Financial Institutions's Total Loans was reported to be $2.5b in Q2, 2017.
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Financial Institutions News and Updates

Kaufman Hall's Axiom Software Now the Financial Performance Management Software Choice for 100 Financial Institutions

CHICAGO, Jan. 8, 2019 /PRNewswire/ -- Kaufman Hall today announced Axiom Financial Institutions Suite has become the premier choice of more than 100 financial institutions seeking to bolster their financial management. Serving a variety of institutions including banks, credit unions, and...

ENACOMM Strikes Reseller Agreement with Carousel Industries to Outfit Financial Institutions with Voice Banking and Intelligent IVR

Carousel Industries to help banks and credit unions transform customer self-service through data-driven phone and digital assistant bankingTULSA, OK - (NewMediaWire) - December 19, 2018 - Banks and credit unions are now able to harness the power of artificial intelligence, big data and new cons…

KPMG & Binah.ai Partner to Solve Business Challenges for Financial Institutions

TEL AVIV, Israel, Dec. 18, 2018 /PRNewswire/ -- KPMG Fintech Israel, a local partner of the leading global network of professional advisory services firms providing guidance to financial institutions, has selected Binah.ai as one of its selected fintech partners. Binah.ai makes data...

Impact of Panama Granted 'Residency By Investment Schema' on Financial Institutions CRS DueDiligence

Citizenship by Investment" (CBI) and "Residence by Investment" (RBI) schemes are bein...

Secure Messaging for Financial Institutions

Social messaging apps are very common these days and we can't imagine any communications without Wha...

CFM Launches Major iQ Upgrades to Help Financial Institutions Make Data-Driven Decisions on Purchasing and Optimizing Cash Recycler Fleets

CHANDLER, Ariz., Nov. 8, 2018 /PRNewswire/ -- CFM, the largest core integration company for financial institutions, continues to increase functionality of its iQ business intelligence suite with the release of enhanced features and new charts. Developed exclusively to help banks and...
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Financial Institutions Company Life and Culture

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Financial Institutions Frequently Asked Questions

  • How many employees does Financial Institutions have?

    Financial Institutions has 700 employees.

  • What is Financial Institutions revenue?

    Latest Financial Institutions annual revenue is $164.8 m.

  • What is Financial Institutions revenue per employee?

    Latest Financial Institutions revenue per employee is $235.5 k.

  • Who are Financial Institutions competitors?

    Competitors of Financial Institutions include U.S. Bancorp, Republic First and Investar.

  • Where is Financial Institutions headquarters?

    Financial Institutions headquarters is located at 220 Liberty St, Warsaw.

  • Where are Financial Institutions offices?

    Financial Institutions has offices in Warsaw and Brooklyn.

  • How many offices does Financial Institutions have?

    Financial Institutions has 2 offices.