GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Financial Institutions Inc (NAS:FISI) » Definitions » Net Margin %

Financial Institutions (Financial Institutions) Net Margin % : 17.92% (As of Dec. 2023)


View and export this data going back to 1999. Start your Free Trial

What is Financial Institutions Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Financial Institutions's Net Income for the three months ended in Dec. 2023 was $9.8 Mil. Financial Institutions's Revenue for the three months ended in Dec. 2023 was $54.6 Mil. Therefore, Financial Institutions's net margin for the quarter that ended in Dec. 2023 was 17.92%.

The historical rank and industry rank for Financial Institutions's Net Margin % or its related term are showing as below:

FISI' s Net Margin % Range Over the Past 10 Years
Min: 21.05   Med: 24.04   Max: 38.94
Current: 23.69


FISI's Net Margin % is ranked worse than
56.21% of 1457 companies
in the Banks industry
Industry Median: 25.33 vs FISI: 23.69

Financial Institutions Net Margin % Historical Data

The historical data trend for Financial Institutions's Net Margin % 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.

* Premium members only.

Financial Institutions Net Margin % Chart

Financial Institutions Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 28.75 21.05 38.94 26.64 23.69

Financial Institutions Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Net Margin % 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 22.43 23.03 26.95 27.08 17.92

Competitive Comparison of Financial Institutions's Net Margin %

For the Banks - Regional subindustry, Financial Institutions's Net Margin %, along with its competitors' market caps and Net Margin % 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 Net Margin % Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Financial Institutions's Net Margin % distribution charts can be found below:

* The bar in red indicates where Financial Institutions's Net Margin % falls into.



Financial Institutions Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

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

Net Margin=Net Income (A: Dec. 2023 )/Revenue (A: Dec. 2023 )
=50.264/212.176
=23.69 %

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

Net Margin=Net Income (Q: Dec. 2023 )/Revenue (Q: Dec. 2023 )
=9.78/54.582
=17.92 %

* 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) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.


Financial Institutions Net Margin % Related Terms

Thank you for viewing the detailed overview of Financial Institutions's Net Margin % 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