Hide

FocusBar

FeedbackFeedback
Subscribe to Premium Member
9.86 (1y: +19%)
Market Cap 3.49 B P/E(ttm) 23.90
Enterprise Value 7.49 B P/B 0.76
FNFG- NAS (USA)
First Niagara Financial Group Inc
  • Currently 1/5
Business Predictability Rank: 1-Star (On Watch)
Back Testing Results:
Average gain of all 1-Star stocks: 1.1% per year.
% of Stocks that are in still loss if held for 10yrs: 45%.
Read more:
What is Predictability Rank?
Performances of real portfolio
Top Ranked Predictable Companies
$9.86
Switch to:

GuruFocus Financial Strength Rank measures how strong a companyย’s financial situation is. It is based on these factors

1. The debt burden that the company has as measured by its Interest coverage (current year).
2. Debt to revenue ratio. The lower, the better
3. Altman Z-score.

A company ranks high with financial strength is likely to withstand any business slowdowns and recessions.

Financial Strength : 5/10

vs
industry		 vs
history
Cash to Debt 0.116
FNFG's Cash to Debt is ranked lower than
73% of the 902 Companies
in the Global Savings & Cooperative Banks industry.

( Industry Median: 0.63 vs. FNFG: 0.116 )
FNFG' s 10-Year Cash to Debt Range
Min: 0.04   Max: 0.25
Current: 0.12
0.04
0.25
Equity to Asset 0.055
FNFG's Equity to Asset is ranked lower than
87% of the 902 Companies
in the Global Savings & Cooperative Banks industry.

( Industry Median: 0.09 vs. FNFG: 0.055 )
FNFG' s 10-Year Equity to Asset Range
Min: 0.06   Max: 0.17
Current: 0.06
0.06
0.17
Interest Coverage No Debt
FNFG's Interest Coverage is ranked lower than
64% of the 902 Companies
in the Global Savings & Cooperative Banks industry.

( Industry Median: 10000.00 vs. FNFG: No Debt )
FNFG' s 10-Year Interest Coverage Range
Min: No Debt   Max: No Debt
Current: No Debt
F-Score: 5
Z-Score: 0.24
GuruFocus Profitability Rank ranks how profitable a company is and how likely the companyย’s business will stay that way. It is based on these factors:

1. Operating Margin
2. Trend of the Operating Margin (5-year average). The company with an uptrend profit margin has a higher rank.
ย•ย•3. Consistency of the profitability
4. Piotroski F-Score
5. Predictability Rankย•

The maximum rank is 10. A rank of 7 or higher means a higher profitability and may stay that way. A rank of 3 or lower indicates that the company has had trouble to make a profit.

Profitability Rank is not directly related to the Financial Strength Rank. But if a company is consistently profitable, its financial strength will be stronger.

Profitability & Growth : 5/10

vs
industry		 vs
history
Operating margin (%) 17.30
FNFG's Operating margin (%) is ranked lower than
63% of the 902 Companies
in the Global Savings & Cooperative Banks industry.

( Industry Median: 24.60 vs. FNFG: 17.30 )
FNFG' s 10-Year Operating margin (%) Range
Min: 17.3   Max: 42.6
Current: 17.3
17.3
42.6
Net-margin (%) 12.2
FNFG's Net-margin (%) is ranked lower than
67% of the 902 Companies
in the Global Savings & Cooperative Banks industry.

( Industry Median: 18.10 vs. FNFG: 12.2 )
FNFG' s 10-Year Net-margin (%) Range
Min: 12.2   Max: 27.2
Current: 12.2
12.2
27.2
ROE (%) 3.4
FNFG's ROE (%) is ranked lower than
67% of the 902 Companies
in the Global Savings & Cooperative Banks industry.

( Industry Median: 6.20 vs. FNFG: 3.4 )
FNFG' s 10-Year ROE (%) Range
Min: 3.3   Max: 10.9
Current: 3.4
3.3
10.9
ROA (%) 0.5
FNFG's ROA (%) is ranked lower than
63% of the 902 Companies
in the Global Savings & Cooperative Banks industry.

( Industry Median: 0.70 vs. FNFG: 0.5 )
FNFG' s 10-Year ROA (%) Range
Min: 0.5   Max: 1.2
Current: 0.5
0.5
1.2
ROC (Joel Greenblatt) (%) 8.10
FNFG's ROC (Joel Greenblatt) (%) is ranked higher than
66% of the 902 Companies
in the Global Savings & Cooperative Banks industry.

( Industry Median: 0.00 vs. FNFG: 8.10 )
FNFG' s 10-Year ROC (Joel Greenblatt) (%) Range
Min: 7.5   Max: 77.6
Current: 8.1
7.5
77.6
Revenue Growth (%) 4.4
FNFG's Revenue Growth (%) is ranked higher than
77% of the 902 Companies
in the Global Savings & Cooperative Banks industry.

( Industry Median: 0.00 vs. FNFG: 4.4 )
FNFG' s 10-Year Revenue Growth (%) Range
Min: 0.2   Max: 17.3
Current: 4.4
0.2
17.3
EBITDA Growth (%) -0.8
FNFG's EBITDA Growth (%) is ranked lower than
84% of the 902 Companies
in the Global Savings & Cooperative Banks industry.

( Industry Median: 0.00 vs. FNFG: -0.8 )
FNFG' s 10-Year EBITDA Growth (%) Range
Min: -10.8   Max: 18.7
Current: -0.8
-10.8
18.7
EPS Growth (%) -3.4
FNFG's EPS Growth (%) is ranked lower than
88% of the 902 Companies
in the Global Savings & Cooperative Banks industry.

( Industry Median: 0.00 vs. FNFG: -3.4 )
FNFG' s 10-Year EPS Growth (%) Range
Min: -14.2   Max: 18.6
Current: -3.4
-14.2
18.6
ยป FNFG's 10-Y Financials

Financials


Revenue & Net Income
Equity & Asset
Oprt. Cash Flow & Free Cash Flow

» Details

Guru Trades
Q2 2012

FNFG Guru Trades in Q2 2012

HOTCHKIS & WILEY 601,500 sh (New)
Richard Snow 5,649,033 sh (+37.94%)
Jim Simons 1,692,205 sh (+23.2%)
Diamond Hill Capital 1,194,585 sh (+3.06%)
Third Avenue Management 539,984 sh (unchged)
Mario Gabelli 1,161,840 sh (-4.52%)
Irving Kahn 196,461 sh (-16.86%)
John Keeley 2,825,782 sh (-27.52%)
Steven Cohen 138,455 sh (-30.64%)
Louis Moore Bacon 134,314 sh (-91.05%)
» More
Q3 2012

FNFG Guru Trades in Q3 2012

Diamond Hill Capital 1,514,335 sh (+26.77%)
Richard Snow 6,364,783 sh (+12.67%)
Jim Simons 1,771,605 sh (+4.69%)
Steven Cohen Sold Out
Louis Moore Bacon Sold Out
HOTCHKIS & WILEY 597,600 sh (-0.65%)
Irving Kahn 182,931 sh (-6.89%)
Mario Gabelli 1,055,040 sh (-9.19%)
Third Avenue Management 474,684 sh (-12.09%)
John Keeley 990,333 sh (-64.95%)
» More
Q4 2012

FNFG Guru Trades in Q4 2012

RS Investment Management 2,637,465 sh (New)
David Dreman 3,054,268 sh (New)
Steven Cohen 625,825 sh (New)
Diamond Hill Capital 1,594,061 sh (+5.26%)
Third Avenue Management 477,184 sh (+0.53%)
Jeremy Grantham 40,258 sh (unchged)
HOTCHKIS & WILEY 597,600 sh (unchged)
Irving Kahn 178,065 sh (-2.66%)
Richard Snow 5,990,018 sh (-5.89%)
John Keeley 861,024 sh (-13.06%)
Mario Gabelli 869,490 sh (-17.59%)
Jim Simons 852,705 sh (-51.87%)
» More
Q1 2013

FNFG Guru Trades in Q1 2013

Bruce Kovner 375,000 sh (New)
Louis Moore Bacon 190,000 sh (New)
Steven Cohen 1,664,400 sh (+165.95%)
RS Investment Management 4,509,964 sh (+71%)
HOTCHKIS & WILEY 703,600 sh (+17.74%)
Irving Kahn 195,462 sh (+9.77%)
Richard Snow 6,517,660 sh (+8.81%)
David Dreman 3,058,010 sh (+0.12%)
Third Avenue Management 477,184 sh (unchged)
Jim Simons Sold Out
Jeremy Grantham Sold Out
Mario Gabelli 849,490 sh (-2.3%)
Diamond Hill Capital 1,545,011 sh (-3.08%)
John Keeley 34,510 sh (-95.99%)
» More
» Details

Insider Trades

Latest Guru Trades with FNFG

GuruDate Trades Impact to Portfolio Price Range * (?) Current Price Change from Average Current Shares
John Keeley 2013-03-31 Reduce -95.99%0.14%$7.69 - $8.88 $ 9.8620%34510
David Dreman 2012-12-31 New Buy0.69%$7.18 - $8.42 $ 9.8626%3054268
John Keeley 2012-09-30 Reduce -64.95%0.32%$7.2 - $8.42 $ 9.8625%990333
John Keeley 2012-06-30 Reduce -27.52%0.21%$7.51 - $9.79 $ 9.8616%2825782
John Keeley 2012-03-31 Add 18.4%0.12%$8.97 - $10.26 $ 9.869%3898906
George Soros 2011-09-30 Sold Out 0.0019%$9.35 - $13.53 $ 9.86-12%0
Mario Gabelli 2011-06-30 New Buy0.12%$13.07 - $14.4 $ 9.86-29%1265850
George Soros 2011-06-30 New Buy$13.07 - $14.4 $ 9.86-29%10200
George Soros 2011-03-31 Sold Out $13.69 - $15.0625 $ 9.86-31%0
Mario Gabelli 2011-03-31 Sold Out $13.69 - $15.0625 $ 9.86-31%0
Mario Gabelli 2010-12-31 Reduce -28.57%$11.55 - $14.31 $ 9.86-22%25000
George Soros 2010-12-31 Add 23.81%$11.55 - $14.31 $ 9.86-22%15600
Mario Gabelli 2010-09-30 New Buy$11.29 - $13.68 $ 9.86-20%35000
George Soros 2010-09-30 Reduce -44.74%$11.29 - $13.68 $ 9.86-20%12600
Mario Gabelli 2010-06-30 Sold Out $12.39 - $14.86 $ 9.86-27%0
John Griffin 2010-03-31 Sold Out 0.55%$13.21 - $14.66 $ 9.86-30%0
George Soros 2010-03-31 Reduce -30.43%$13.21 - $14.66 $ 9.86-30%24000
Premium More recent guru trades are included for Premium Members only!!

Ratios

vs
industry		 vs
history
P/E(ttm) 23.90
FNFG's P/E(ttm) is ranked higher than
69% of the 792 Companies
in the Global Savings & Cooperative Banks industry.

( Industry Median: 13.80 vs. FNFG: 23.90 )
FNFG' s 10-Year P/E(ttm) Range
Min: 11.59   Max: 32.93
Current: 23.9
11.59
32.93
P/B 0.76
FNFG's P/B is ranked higher than
72% of the 876 Companies
in the Global Savings & Cooperative Banks industry.

( Industry Median: 0.94 vs. FNFG: 0.76 )
FNFG' s 10-Year P/B Range
Min: 0.55   Max: 2.9
Current: 0.76
0.55
2.9
P/S 2.42
FNFG's P/S is ranked higher than
52% of the 894 Companies
in the Global Savings & Cooperative Banks industry.

( Industry Median: 2.45 vs. FNFG: 2.42 )
FNFG' s 10-Year P/S Range
Min: 1.82   Max: 7.37
Current: 2.42
1.82
7.37
PFCF 12.33
FNFG's PFCF is ranked higher than
65% of the 694 Companies
in the Global Savings & Cooperative Banks industry.

( Industry Median: 6.90 vs. FNFG: 12.33 )
FNFG' s 10-Year PFCF Range
Min: 6.82   Max: 55.93
Current: 12.33
6.82
55.93
EV-to-EBIT 30.59
FNFG's EV-to-EBIT is ranked higher than
67% of the 745 Companies
in the Global Savings & Cooperative Banks industry.

( Industry Median: 15.84 vs. FNFG: 30.59 )
FNFG' s 10-Year EV-to-EBIT Range
Min: 15.1   Max: 50.7
Current: 30.59
15.1
50.7
Shiller P/E 14.42
FNFG's Shiller P/E is ranked lower than
100% of the Companies
in the Global Savings & Cooperative Banks industry.

( Industry Median: vs. FNFG: 14.42 )
FNFG' s 10-Year Shiller P/E Range
Min: 10.29   Max: 33.44
Current: 14.42
10.29
33.44

Dividend & Buy Back

vs
industry		 vs
history
Dividend Yield 3.25
FNFG's Dividend Yield is ranked higher than
80% of the 902 Companies
in the Global Savings & Cooperative Banks industry.

( Industry Median: 1.59 vs. FNFG: 3.25 )
FNFG' s 10-Year Dividend Yield Range
Min: 1.16   Max: 7.65
Current: 3.25
1.16
7.65
Dividend Payout 0.8
FNFG's Dividend Payout is ranked lower than
90% of the 575 Companies
in the Global Savings & Cooperative Banks industry.

( Industry Median: 0.30 vs. FNFG: 0.8 )
FNFG' s 10-Year Dividend Payout Range
Min: 0.2   Max: 1.04
Current: 0.8
0.2
1.04
Dividend growth (3y) -13.1
FNFG's Dividend growth (3y) is ranked lower than
84% of the 902 Companies
in the Global Savings & Cooperative Banks industry.

( Industry Median: 0.00 vs. FNFG: -13.1 )
FNFG' s 10-Year Dividend growth (3y) Range
Min: -13.1   Max: 32.4
Current: -13.1
-13.1
32.4
Yield on cost (5-Year) 2.01
FNFG's Yield on cost (5-Year) is ranked higher than
65% of the 902 Companies
in the Global Savings & Cooperative Banks industry.

( Industry Median: 1.20 vs. FNFG: 2.01 )
FNFG' s 10-Year Yield on cost (5-Year) Range
Min: 0.71   Max: 4.67
Current: 2.01
0.71
4.67
Share Buyback Rate -24.1
FNFG's Share Buyback Rate is ranked lower than
94% of the 902 Companies
in the Global Savings & Cooperative Banks industry.

( Industry Median: -0.30 vs. FNFG: -24.1 )
FNFG' s 10-Year Share Buyback Rate Range
Min: 1.2   Max: -25.9
Current: -24.1

Valuation & Return

vs
industry		 vs
history
Price/Tangible Book 2
FNFG's Price/Tangible Book is ranked higher than
69% of the 797 Companies
in the Global Savings & Cooperative Banks industry.

( Industry Median: 1.10 vs. FNFG: 2 )
FNFG' s 10-Year Price/Tangible Book Range
Min: 0.9   Max: 3.3
Current: 2
0.9
3.3
Price/DCF (Projected) 0.6
FNFG's Price/DCF (Projected) is ranked higher than
51% of the 503 Companies
in the Global Savings & Cooperative Banks industry.

( Industry Median: 0.60 vs. FNFG: 0.6 )
FNFG' s 10-Year Price/DCF (Projected) Range
Min: 0.5   Max: 0.8
Current: 0.6
0.5
0.8
Price/Median PS Value 0.6
FNFG's Price/Median PS Value is ranked higher than
71% of the 853 Companies
in the Global Savings & Cooperative Banks industry.

( Industry Median: 1.00 vs. FNFG: 0.6 )
FNFG' s 10-Year Price/Median PS Value Range
Min: 0.5   Max: 1.7
Current: 0.6
0.5
1.7
Price/Graham Number 1.3
FNFG's Price/Graham Number is ranked higher than
68% of the 763 Companies
in the Global Savings & Cooperative Banks industry.

( Industry Median: 0.80 vs. FNFG: 1.3 )
FNFG' s 10-Year Price/Graham Number Range
Min: 0.7   Max: 1.8
Current: 1.3
0.7
1.8
Earnings Yield (Greenblatt) 3.30
FNFG's Earnings Yield (Greenblatt) is ranked lower than
64% of the 902 Companies
in the Global Savings & Cooperative Banks industry.

( Industry Median: 5.20 vs. FNFG: 3.30 )
FNFG' s 10-Year Earnings Yield (Greenblatt) Range
Min: 2   Max: 6.6
Current: 3.3
2
6.6
Forward Rate of Return (Yacktman) 1.31
FNFG's Forward Rate of Return (Yacktman) is ranked lower than
53% of the 902 Companies
in the Global Savings & Cooperative Banks industry.

( Industry Median: 3.38 vs. FNFG: 1.31 )
FNFG' s 10-Year Forward Rate of Return (Yacktman) Range
Min: -1.3   Max: 32.7
Current: 1.31
-1.3
32.7

Business Description

First Niagara Financial Group, Inc.was organized in April 1998 in Delaware. It provides a range of retail and commercial banking as well as other financial services through its wholly-owned, federally chartered savings bank subsidiary, First Niagara Bank. The company has identified two business segments, banking and financial services. The company's financial services activities consist of insurance and employee benefits consulting services. All of its other activities are considered banking. It provides its retail consumer and business customers with banking services including residential and commercial real estate loans, commercial business loans and leases, consumer loans, wealth management products, as well as retail and commercial deposit products. Additionally, it offers insurance and employee benefits consulting services through a wholly-owned subsidiary of the bank. The bank's subsidiaries provide a range of financial services to individuals and small and medium size companies in its market areas. The Company's main activity has been the origination of commercial real estate and business loans, leases, and residential mortgages to customers located within its main market areas. Consistent with its long-term customer relationship focus, it generally retains the servicing rights on residential mortgage loans that it sells which results in monthly service fee income to it. The company also originates and retains in its lending portfolio various types of home equity and consumer loan products. It originates commercial real estate loans secured predominantly by first liens on apartment houses, office buildings, shopping centers, and industrial and warehouse properties. Commercial business loans includes business term loans, letters of credit, and lines-of-credit issued to small and medium size companies in its market areas, some of which are secured in part by additional owner occupied real estate. The company's bi-weekly mortgages feature an accelerated repayment schedule and are linked to a deposit account to facilitate payments. It offers fixed-rate, fixed-term, monthly and bi-weekly home equity loans, and prime-based home equity lines of credit in its market areas. It offers a variety of fixed-rate installment and variable rate lines-of-credit consumer loans, including indirect mobile home loans as well as personal secured and unsecured loans. The Company's specialized lending portfolio consists of commercial leases and insurance premium financing. It offers a range of insurance products and consulting services to help both its retail and commercial customers achieve their financial goals.
Company Website
SEC Reports
Industry: Savings & Cooperative Banks
Compare:OCN, HOME, NYCB, PBCT, HCBK
Traded in other countries:FNA.Germany
ยป More Articles for FNFG

Headlines

Articles On GuruFocus.com
Notes on Thrifts and 4 Stocks to Watch May 03 2013 
3 of My Best Financial Stock Picks for 2013 Dec 18 2012 
Weekly Top Insider Buys: CVS, LTD, BBY, SFD, FNFG Oct 08 2012 
Weekly CFO Buys Highlight: PTSX, MTG, IRDM, SQNM, FNFG, LF Aug 13 2012 
Weekly CFO Buys Highlight: PTSX, RSH, PNK, FNFG Aug 06 2012 
Weekly CEO Buys Highlight: SYMC, TDY, PNK, FNFG, OCR Aug 04 2012 
65 Best Yielding Stocks With Ex-Dividend Date August 2012 Jul 28 2012 
New York Community Bancorp: Ready to Rise Apr 19 2012 
Weekly Top Insider Buys: HIG, XYL, FNFG, LTS, CVO Apr 09 2012 
Top Dividend Stocks from Diamond Hill Dec 27 2011 

Personalized Checklist





Within your circle of competence?
Macro economic environment favorable?
High quality business?
Enough margin of safety with stocks?
Gurus are buying?
Insiders are buying?
Management capable and shareholder friendly?
Catalyst for stock price to appreciate?
Your level of confidence with the research?

GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)
Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names
Free 7-day Trial