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)
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 offices in Windham, SF, Tolland, Hebron and in 7 other locations
Windham, US (HQ)
803 Main St
Show all (15)

SI Financial Group Financials and Metrics

SI Financial Group Financials

SI Financial Group's revenue was reported to be $68.5 m in FY, 2016
USD

Net income (Q3, 2017)

2.2 m

EBIT (Q3, 2017)

10.7 m

Market capitalization (11-Dec-2017)

174.1 m

Cash (30-Sep-2017)

91.7 m
SI Financial Group's current market capitalization is $174.1 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
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017

Revenue

10.4 m14.8 m14.1 m14.2 m13.8 m14.4 m15 m15.3 m15.3 m15.4 m15.7 m17.1 m

Cost of goods sold

2.1 m2.1 m2.1 m2 m2 m2.1 m2.3 m2.5 m2.5 m2.5 m2.7 m2.8 m

Gross profit

8.3 m12.8 m12.1 m12.1 m11.8 m12.3 m12.6 m12.9 m12.7 m12.8 m13 m14.3 m

Gross profit Margin, %

80%86%85%86%85%85%84%84%83%83%83%84%
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
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017

Cash

52.3 m53.7 m48.4 m33.6 m52.7 m39.6 m36.6 m69.4 m74.5 m63.4 m87.3 m95.3 m91.7 m

PP&E

21.5 m20.6 m21 m21.3 m21.9 m22.1 m21.7 m20.8 m20.5 m20.4 m20.1 m19.8 m

Total Assets

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

Accounts Payable

1 b1 b1 b997.8 m1 b1 b1 b1.1 b1.1 b1.1 b1.2 b1.2 b
    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)
    USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017

    Net Income

    (1.9 m)906 k1.8 m3 m921 k1.9 m2.9 m1.5 m1.7 m1.6 m1.7 m2.8 m2.2 m

    Accounts Receivable

    42 k101 k124 k123 k18 k(180 k)(377 k)43 k59 k174 k(52 k)(91 k)

    Cash From Operating Activities

    6.6 m9.7 m10.9 m12.9 m3.7 m6.4 m11.1 m6.8 m2.2 m10.8 m551 k8.8 m7.2 m

    Purchases of PP&E

    (20.1 m)(443 k)(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)(19.3 m)
      Y, 2017

      Financial Leverage

      9.3 x
      Show all financial metrics

      SI Financial Group Operating Metrics

      SI Financial Group's Total Loans Issued was reported to be $1.2 b in Q2, 2017
      FY, 2014Q1, 2015Q2, 2015Q3, 2015FY, 2015Q1, 2016Q2, 2016Q3, 2016FY, 2016Q1, 2017Q2, 2017

      Total Loans Issued

      $1.04 b$1.04 b$1.1 b$1.14 b$1.17 b$1.16 b$1.15 b$1.21 b$1.22 b$1.24 b$1.23 b

      Non-performing Loans

      $5 m$4.76 m$5.9 m$7.25 m$6.58 m$6.76 m$6.98 m$6.3 m$5.43 m$5.01 m$4.7 m
      Show all operating metrics

      SI Financial Group Market Value History

      SI Financial Group's Web-traffic and Trends

      SI Financial Group Online and Social Media Presence

      SI Financial Group Company Life and Culture

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