Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Financial Institutions's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $454.8 Mil. Financial Institutions's Total Assets for the quarter that ended in Dec. 2023 was $6,160.9 Mil.
Therefore, Financial Institutions's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.07.
The historical rank and industry rank for Financial Institutions's Equity-to-Asset or its related term are showing as below:
FISI'
s Equity-to-Asset Range Over the Past 10 Years
Min: 0.07 Med: 0.09 Max: 0.1
Current: 0.07
During the past 13 years, the highest Equity to Asset Ratio of Financial Institutions was 0.10. The lowest was 0.07. And the median was 0.09.
FISI's Equity-to-Asset is ranked worse than 73.01% of 1467
companies
in the Banks industry
Industry Median: 0.09
vs FISI: 0.07
Financial Institutions Equity-to-Asset Historical Data
The historical data trend for Financial Institutions's Equity-to-Asset 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.
For the Banks - Regional subindustry, Financial Institutions's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset 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 Equity-to-Asset Distribution
For the Banks industry and Financial Services sector, Financial Institutions's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Financial Institutions's Equity-to-Asset falls into.
Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.
Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.
Financial Institutions's Equity to Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as
* 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.
Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.
For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.
Financial Institutions Equity-to-Asset Related Terms
Thank you for viewing the detailed overview of Financial Institutions's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.
Financial Institutions (Financial Institutions) Business Description
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.
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