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Financial Institutions (Financial Institutions) Pre-Tax Income : $63.1 Mil (TTM As of Dec. 2023)


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What is Financial Institutions Pre-Tax Income?

Pretax income is the income that a company earns before paying income taxes. Financial Institutions's pretax income for the three months ended in Dec. 2023 was $14.9 Mil. Its pretax income for the trailing twelve months (TTM) ended in Dec. 2023 was $63.1 Mil. Financial Institutions's pretax margin was 27.36%.

During the past 13 years, Financial Institutions's highest Pretax Margin was 48.72%. The lowest was 25.11%. And the median was 31.64%.


Financial Institutions Pre-Tax Income Historical Data

The historical data trend for Financial Institutions's Pre-Tax Income can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Financial Institutions Pre-Tax Income Chart

Financial Institutions Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Pre-Tax Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 59.42 45.72 97.22 70.97 63.05

Financial Institutions Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Pre-Tax Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 14.46 14.86 16.79 16.46 14.94

Competitive Comparison of Financial Institutions's Pre-Tax Income

For the Banks - Regional subindustry, Financial Institutions's Pre-Tax Income, along with its competitors' market caps and Pre-Tax Income data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Financial Institutions's Pre-Tax Income Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Financial Institutions's Pre-Tax Income distribution charts can be found below:

* The bar in red indicates where Financial Institutions's Pre-Tax Income falls into.



Financial Institutions Pre-Tax Income Calculation

This is the income that a company earns before paying income taxes.

Financial Institutions's Pretax Income for the fiscal year that ended in Dec. 2023 is calculated as

Pretax Income=Operating Income+Other
=0+63.053
=63.1

Financial Institutions's Pretax Income for the quarter that ended in Dec. 2023 is calculated as

Pretax Income=Operating Income+Other
=0+14.936
=14.9

Pre-Tax Income for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $63.1 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Financial Institutions  (NAS:FISI) Pre-Tax Income Explanation

Financial Institutions's Pretax Margin for the quarter that ended in Dec. 2023 is calculated as

Pretax Margin=Pretax Income/Revenue
=14.936/54.582
=27.36%

During the past 13 years, Financial Institutions's highest Pretax Margin was 48.72%. The lowest was 25.11%. And the median was 31.64%.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Financial Institutions Pre-Tax Income Related Terms

Thank you for viewing the detailed overview of Financial Institutions's Pre-Tax Income provided by GuruFocus.com. Please click on the following links to see related term pages.


Financial Institutions (Financial Institutions) Business Description

Traded in Other Exchanges
Address
220 Liberty Street, Warsaw, NY, USA, 14569
Financial Institutions Inc operates as a financial holding company, engages in the provision of a wide range of consumer and commercial banking services to individuals, municipalities, and businesses in Western and Central New York. It operates through the following segments: The Banking segment which includes all of the company's retail and commercial banking operations and All Other includes the activities of SDN, a full-service insurance agency that provides a broad range of insurance services to both personal and business clients.
Executives
Donald Boswell director WESTERN NY PUBLIC BROADCASTING ASSOC, HORIZONS PLAZA 140 LOWER TERRACE, BUFFALO NY 14202
Susan R Holliday director 220 LIBERTY ST, WARSAW NY 14569
Samuel M Gullo director 220 LIBERTY ST, WARSAW NY 14569
Robert N Latella director 220 LIBERTY, WARSAW NY 14569
Robert M Glaser director 220 LIBERTY STREET, WARSAW NY 14569
Dorn Andrew W Jr director 2421 MAIN STREET, BUFFALO NY 14214
Plants William Jack Ii officer: Chief Financial Officer 220 LIBERTY STREET, WARSAW NY 14569
Burruano Samuel J Jr officer: Senior Vice President 220 LIBERTY STREET, WARSAW NY 14569
Martin Kearney Birmingham officer: Senior Vice President 220 LIBERTY STREET, WARSAW NY 14569
Gary A. Pacos officer: Chief Risk Officer 220 LIBERTY STREET, WARSAW NY 14569
Bruce W Harting director 1185 PARK AVENUE, 6D, NEW YORK NY 10128
Laurie R Collins officer: Senior Vice President 220 LIBERTY STREET, WARSAW NY 14569
Mark Zupan director 1041 PITTSFORD VICTOR ROAD, PITTSFORD NY 14534
Mauricio F Riveros director 220 LIBERTY STREET, WARSAW NY 14569
Kevin B Quinn officer: Senior Vice President 220 LIBERTY STREET, WARSAW NY 14569