SI Financial Group

SI Financial Group, Inc. is a holding company for Savings Institute Bank and Trust Company (the Bank). The Bank operates as a community-oriented financial institution offering a range of financial services to consumers and businesses in its market area, including insurance, trust and investment services. The Bank accepts deposits from the general public and uses those funds to originate one- to four-family residential mortgage loans, multi-family and commercial real estate loans, commercial business loans, and construction and consumer loans. The Bank also purchases commercial business loans, including loans fully guaranteed by the Small Business Administration (SBA) and the United States Department of Agriculture (USDA). The Bank sells certain fixed-rate one- to four-family residential conforming loans it originates in the secondary market with the servicing retained. The remainder of the Bank's loan portfolio is originated for investment.

Company Growth (employees)
Type
Public
HQ
Windham, US
Founded
1842
Size (employees)
257 (est)+2%
Website
mysifi.com
SI Financial Group was founded in 1842 and is headquartered in Windham, US

SI Financial Group Office Locations

SI Financial Group has an office in Windham
Windham, US (HQ)
803 Main St

SI Financial Group Data and Metrics

SI Financial Group Financial Metrics

SI Financial Group's revenue was reported to be $15.7 m in Q1, 2017
USD

Revenue (Q1, 2017)

15.7 m

Gross profit (Q1, 2017)

13 m

Gross profit margin (Q1, 2017), %

83%

Net income (Q1, 2017)

1.7 m

EBIT (Q1, 2017)

10.3 m

Market capitalization (17-Aug-2017)

167.6 m

Cash (31-Mar-2017)

87.3 m
SI Financial Group's current market capitalization is $167.6 m.
USDFY, 2013FY, 2014FY, 2015FY, 2016

Revenue

38.2 m47.5 m48.1 m68.5 m

Revenue growth, %

24%1%42%

Cost of goods sold

8.5 m8.2 m8.9 m10.1 m

Gross profit

29.7 m39.3 m39.2 m58.4 m

Gross profit Margin, %

78%83%82%85%

EBIT

28.4 m37.7 m36.7 m40.6 m

EBIT margin, %

74%79%76%59%

Pre tax profit

6.4 m6.5 m16.2 m

Net Income

(855 k)4.4 m4.3 m11.3 m
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Revenue

14.1 m14.2 m13.8 m14.4 m15 m15.3 m15.3 m15.4 m15.7 m

Cost of goods sold

2.1 m2 m2 m2.1 m2.3 m2.5 m2.5 m2.5 m2.7 m

Gross profit

12.1 m12.1 m11.8 m12.3 m12.6 m12.9 m12.7 m12.8 m13 m

Gross profit Margin, %

85%86%85%85%84%84%83%83%83%

Sales and marketing expense

5 m4.9 m4.9 m5.1 m5 m5.2 m4.6 m5 m5.2 m

General and administrative expense

1.9 m1.9 m2.1 m1.8 m1.8 m1.7 m1.7 m1.7 m1.8 m

Operating expense total

6.9 m6.8 m7 m6.9 m6.8 m6.9 m6.3 m6.7 m7 m

EBIT

9.2 m9.3 m9.1 m9.3 m8.9 m9.9 m9.6 m9.3 m10.3 m

EBIT margin, %

65%66%66%64%59%64%63%60%66%

Pre tax profit

1.3 m1.8 m1.4 m1.5 m1.5 m2.3 m2.6 m2.3 m2.5 m

Income tax expense

399 k579 k443 k484 k494 k758 k852 k767 k786 k

Net Income

1.8 m3 m921 k1.9 m2.9 m1.5 m1.7 m1.6 m1.7 m
USDFY, 2013FY, 2014FY, 2015FY, 2016

Cash

27.3 m39.3 m40.8 m73.2 m

Accounts Receivable

4 m3.9 m4.3 m129.7 k

PP&E

21.1 m21.7 m21.2 m19.9 m

Total Assets

1.3 b1.4 b1.5 b1.6 b

Accounts Payable

1.1 b

Total Debt

217.8 m

Total Liabilities

1.4 b

Common Stock

128 k128 k122 k122 k

Additional Paid-in Capital

125.3 m125.5 m125 m125.6 m

Retained Earnings

34.6 m37.5 m33.9 m43.2 m

Total Equity

152.8 m157.7 m154.3 m164.7 m

Debt to Equity Ratio

1.3 x

Debt to Assets Ratio

0.1 x

Financial Leverage

8.8 x8.6 x9.6 x9.4 x
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Cash

48.4 m33.6 m52.7 m39.6 m36.6 m69.4 m74.5 m63.4 m87.3 m

PP&E

21 m21.3 m21.9 m22.1 m21.7 m20.8 m20.5 m20.4 m20.1 m

Total Assets

1.4 b1.3 b1.4 b1.4 b1.5 b1.5 b1.5 b1.5 b1.6 b

Accounts Payable

1 b997.8 m1 b1 b1 b1.1 b1.1 b1.1 b1.2 b

Common Stock

128 k128 k128 k122 k122 k122 k122 k122 k122 k

Additional Paid-in Capital

125.5 m125.4 m125.4 m124.8 m124.8 m125.2 m125.3 m125.4 m125.7 m

Retained Earnings

35.7 m36.5 m37.9 m32.4 m33 m34.9 m36.2 m37.2 m44.2 m

Total Equity

155.6 m156.1 m159 m152.6 m154 m156.8 m158.8 m159.8 m166.1 m

Financial Leverage

8.7 x8.6 x8.6 x9.2 x9.4 x9.6 x9.6 x9.6 x9.6 x
USDFY, 2013FY, 2014FY, 2015FY, 2016

Net Income

(855 k)4.4 m4.3 m11.3 m

Accounts Receivable

42 k168 k(430 k)(152 k)

Cash From Operating Activities

10.2 m17.8 m13.7 m16.3 m

Purchases of PP&E

(23 m)(59.9 m)(113.2 m)(37.7 m)

Cash From Investing Activities

1.1 m(2.3 m)(136.8 m)(38.6 m)

Cash From Financing Activities

(21.6 m)(3.5 m)124.6 m54.7 m

Interest Paid

8.3 m8.3 m8.9 m10.1 m
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Net Income

1.8 m3 m921 k1.9 m2.9 m1.5 m1.7 m1.6 m1.7 m

Accounts Receivable

124 k123 k18 k(180 k)(377 k)43 k59 k174 k(52 k)

Cash From Operating Activities

10.9 m12.9 m3.7 m6.4 m11.1 m6.8 m2.2 m10.8 m551 k

Purchases of PP&E

(25.8 m)(38.6 m)(11.3 m)(67.2 m)(96.6 m)(4.3 m)(11.9 m)(33.7 m)(11.2 m)

Cash From Investing Activities

7.1 m5.3 m(2.7 m)(61.9 m)(112.3 m)872 k(256 k)(38.4 m)(26.8 m)

Cash From Financing Activities

3.1 m(11.8 m)12.4 m55.8 m98.5 m21 m31.8 m50.1 m40.3 m

Interest Paid

4.2 m6.2 m2 m4.2 m6.5 m2.4 m5 m7.6 m2.7 m
USDY, 2017

Revenue/Employee

62.1 k

Financial Leverage

9.6 x

SI Financial Group Market Value History

Traffic Overview of SI Financial Group

SI Financial Group Online and Social Media Presence

SI Financial Group Company Life and Culture

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