GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » First Niles Financial Inc (OTCPK:FNFI) » Definitions » Altman Z-Score

First Niles Financial (First Niles Financial) Altman Z-Score


View and export this data going back to 1998. Start your Free Trial

What is First Niles Financial Altman Z-Score?

The Altman Z-Score is a model designed to predict the likelihood of a company going bankrupt within the next two years. Created by American finance professor Edward Altman in 1968, the model is specifically designed for publicly traded manufacturing companies with assets greater than $1 million.

Altman Z-Score does not apply to banks and insurance companies.

First Niles Financial (First Niles Financial) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » First Niles Financial Inc (OTCPK:FNFI) » Definitions » Altman Z-Score
Comparable Companies
PHS:CSB BTHT CARV OSL:LSTSB-ME WBO:VVPS SNNY ALBY OSL:NISB-ME OSL:AASB-ME OCSE:HVID LSE:MFX OSL:HSPG SUGR OSL:SUSB-ME TCNB OSL:SOGN MIC:KUZB SSBP OSL:SUNSB-ME ERKH
Traded in Other Exchanges
N/A
Address
55 North Main Street, P.O. Box 311, Niles, OH, USA, 44446-0311
Website
https://www.homefedniles.com
First Niles Financial Inc is a unitary, non-diversified holding company. It conducts a general banking business in Niles, Ohio, which consists of attracting deposits from the general public and applying those funds to the origination of loans for residential, commercial, and consumer purposes. The primary sources of revenue for the company are from interest and dividend income on loans and securities along with noninterest revenue resulting from investment security gains, loan servicing, gains on the sale of loans, commitment fees, fees from financial guarantees, certain credit cards fees, and income on bank-owned life insurance.