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FISI (Financial Institutions) Tax Rate % : 28.16% (As of Dec. 2024)


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What is Financial Institutions Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Financial Institutions's Tax Expense for the three months ended in Dec. 2024 was $-32.5 Mil. Financial Institutions's Pre-Tax Income for the three months ended in Dec. 2024 was $-115.3 Mil. Therefore, Financial Institutions's Tax Rate % for the quarter that ended in Dec. 2024 was 28.16%.

Financial Institutions Tax Rate % Historical Data

The historical data trend for Financial Institutions's Tax Rate % 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 Tax Rate % Chart

Financial Institutions Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 16.16 20.08 20.29 20.28 38.89

Financial Institutions Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Tax Rate % 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 34.52 14.67 14.98 7.44 28.16

Financial Institutions Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

Financial Institutions's Tax Rate % for the fiscal year that ended in Dec. 2024 is calculated as

Tax Rate %=Tax Expense (A: Dec. 2024 )/Pre-Tax Income (A: Dec. 2024 )
=-26.502/-68.148
=38.89 %

Financial Institutions's Tax Rate % for the quarter that ended in Dec. 2024 is calculated as

Tax Rate %=Tax Expense (Q: Dec. 2024 )/Pre-Tax Income (Q: Dec. 2024 )
=-32.457/-115.268
=28.16 %

* 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 Tax Rate % Related Terms

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

Financial Institutions Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Financial Institutions Inc (NAS:FISI) » Definitions » Tax Rate %
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PGC NPB MPB FMNB EBTC HIFS GBFH NFBK THVB SMBK NSE:HDFCBANK SHSE:600036 NSE:ICICIBANK SAU:1120 SGX:D05 XPAR:BNP MIL:ISP MIL:UCG NSE:SBIN TSE:8411
Traded in Other Exchanges
FIISO.PFD:USA
Address
220 Liberty Street, Warsaw, NY, USA, 14569
Website
https://www.,financialinstitutionsinc.q4ir.com
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
Mark Zupan director 1041 PITTSFORD VICTOR ROAD, PITTSFORD NY 14534
Laurie R Collins officer: Senior Vice President 220 LIBERTY STREET, WARSAW NY 14569
Plants William Jack Ii officer: Chief Financial Officer 220 LIBERTY STREET, WARSAW NY 14569
Kevin B Quinn officer: Senior Vice President 220 LIBERTY STREET, WARSAW NY 14569
Gary A. Pacos officer: Chief Risk 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
Kim E Vangelder director 220 LIBERTY STREET, WARSAW NY 14569
Robert M Glaser director 220 LIBERTY STREET, WARSAW NY 14569
Robert N Latella director 220 LIBERTY, WARSAW NY 14569
Donald Boswell director WESTERN NY PUBLIC BROADCASTING ASSOC, HORIZONS PLAZA 140 LOWER TERRACE, BUFFALO NY 14202
Dorn Andrew W Jr director 2421 MAIN STREET, BUFFALO NY 14214
Susan R Holliday director 220 LIBERTY ST, WARSAW NY 14569
Samuel M Gullo director 220 LIBERTY ST, WARSAW NY 14569
Bruce W Harting director 1185 PARK AVENUE, 6D, NEW YORK NY 10128