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FISI (Financial Institutions) Debt-to-Equity : 0.43 (As of Sep. 2024)


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What is Financial Institutions Debt-to-Equity?

Financial Institutions's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was $55.0 Mil. Financial Institutions's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was $158.0 Mil. Financial Institutions's Total Stockholders Equity for the quarter that ended in Sep. 2024 was $500.3 Mil. Financial Institutions's debt to equity for the quarter that ended in Sep. 2024 was 0.43.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Financial Institutions's Debt-to-Equity or its related term are showing as below:

FISI' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.1   Med: 0.76   Max: 1.37
Current: 0.43

During the past 13 years, the highest Debt-to-Equity Ratio of Financial Institutions was 1.37. The lowest was 0.10. And the median was 0.76.

FISI's Debt-to-Equity is ranked better than
61.21% of 1449 companies
in the Banks industry
Industry Median: 0.63 vs FISI: 0.43

Financial Institutions Debt-to-Equity Historical Data

The historical data trend for Financial Institutions's Debt-to-Equity 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 Debt-to-Equity Chart

Financial Institutions Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.72 0.17 0.21 0.77 0.76

Financial Institutions Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Debt-to-Equity 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 0.56 0.76 0.65 0.77 0.43

Competitive Comparison of Financial Institutions's Debt-to-Equity

For the Banks - Regional subindustry, Financial Institutions's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity 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 Debt-to-Equity Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Financial Institutions's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Financial Institutions's Debt-to-Equity falls into.



Financial Institutions Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Financial Institutions's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Financial Institutions's Debt to Equity Ratio for the quarter that ended in Sep. 2024 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.


Financial Institutions  (NAS:FISI) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.


Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.


Financial Institutions Debt-to-Equity Related Terms

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


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 one segment: The Banking segment which includes all of the company's retail and commercial banking operations.
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