First Niagara Financial Group

As one of the largest financial service providers in the Northeast, we continuously strive to be a trusted partner for our customers, associates and communities across New York, Pennsylvania, Connecticut and Massachusetts. With hundreds of branches, thousands of employees and billions in assets and deposits, we’re confident that First Niagara has the resources, experience and dedication to help you thrive personally and professionally.

Type
Public
HQ
Buffalo, US
Founded
1870
Size (employees)
5,322 (est)
First Niagara Financial Group was founded in 1870 and is headquartered in Buffalo, US

First Niagara Financial Group Office Locations

First Niagara Financial Group has an office in Buffalo
Buffalo, US (HQ)
726 Exchange St

First Niagara Financial Group Metrics

First Niagara Financial Group Financial Metrics

Revenue (2015)

$1.2 b

Revenue growth (2014-15), %

(21%)

Gross profit

$1.1 b

Gross profit margin (2015), %

88%

Net income (2015)

$224 m
First Niagara Financial Group's revenue was reported to be $1.2 b in FY, 2015 which is a 21% decrease from the previous period.
FY, 2013FY, 2014FY, 2015

Revenue

$1.6 b$1.5 b$1.2 b

Revenue growth, %

(4%)(21%)

Cost of goods sold

$117 m$122 m$142 m

Gross profit

$1.5 b$1.4 b$1.1 b

Gross profit Margin, %

93%92%88%

Sales and marketing expense

$20 m$35 m

Operating expense total

$931 m$2.1 b$1 b

EBIT

$988 m$990 m$302 m

EBIT margin, %

63%65%25%

Interest expense

$117 m$122 m

Interest income

$1.1 b$1.1 b$1.1 b

Pre tax profit

$423 m($824 m)$302 m

Income tax expense

$128 m($109 m)

Net Income

$295 m($715 m)$224 m
FY, 2013FY, 2014FY, 2015

Accounts Receivable

Inventories

Accounts Payable

FY, 2013FY, 2014FY, 2015

Net Income

$295 m($715 m)$224 m

Depreciation and Amortization

$19 m

Accounts Receivable

Inventories

Accounts Payable

Cash From Operating Activities

$716 m$484 m$364 m

Purchases of PP&E

($1.5 b)($162 m)($1.4 b)

Cash From Investing Activities

($1.4 b)($2.1 b)($1.3 b)

Long-term Borrowings

($2 m)($2 m)

Cash From Financing Activities

$692 m$1.6 b$1.2 b

Income Taxes Paid

$57 m$52 m$66 m

First Niagara Financial Group Median Salaries

Source: 30 public H-1B filings from First Niagara Financial Group

First Niagara Financial Group Online Presence

First Niagara Financial Group Company Life

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