Financial Institutions Inc. 8.48% SRB1 PFD B

PINK:FIISO USA Other
Market Cap
$1.28 Million
Market Cap Rank
#35451 Global
#11551 in USA
Share Price
$140.00
Change (1 day)
+0.00%
52-Week Range
$140.00 - $140.00
All Time High
$195.30
Categories
Companies in USA Other
About

Financial Institutions, Inc. operates as the holding company for Five Star Bank that provides banking and financial services to individuals, municipalities, and businesses. It operates in two segments, Banking and Non-Banking. The company offers checking and savings account programs, including money market accounts, certificates of deposit, and sweep investments, as well as individual retirement … Read more

Financial Institutions Inc. 8.48% SRB1 PFD B (FIISO) - Net Assets

Latest net assets as of September 2024: $500.34 Million USD

Based on the latest financial reports, Financial Institutions Inc. 8.48% SRB1 PFD B (FIISO) has net assets worth $500.34 Million USD as of September 2024.

Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($6.16 Billion) and total liabilities ($5.66 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.

Key Net Assets Metrics

Metric Value
Current Net Assets $500.34 Million
% of Total Assets 8.13%
Annual Growth Rate 6.39%
5-Year Change N/A
10-Year Change 62.7%
Growth Volatility 155.92

Financial Institutions Inc. 8.48% SRB1 PFD B - Net Assets Trend (1998–2023)

This chart illustrates how Financial Institutions Inc. 8.48% SRB1 PFD B's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.

Annual Net Assets for Financial Institutions Inc. 8.48% SRB1 PFD B (1998–2023)

The table below shows the annual net assets of Financial Institutions Inc. 8.48% SRB1 PFD B from 1998 to 2023.

Year Net Assets Change
2023-12-31 $454.80 Million +430.79%
2022-12-31 $-137.49 Million -913.84%
2021-12-31 $-13.56 Million -737.27%
2020-12-31 $2.13 Million +114.66%
2019-12-31 $-14.51 Million -103.66%
2018-12-31 $396.29 Million +3.97%
2017-12-31 $381.18 Million +19.10%
2016-12-31 $320.05 Million +8.92%
2015-12-31 $293.84 Million +5.12%
2014-12-31 $279.53 Million +9.69%
2013-12-31 $254.84 Million +0.37%
2012-12-31 $253.90 Million +7.04%
2011-12-31 $237.19 Million +11.81%
2010-12-31 $212.14 Million +6.98%
2009-12-31 $198.29 Million +4.20%
2008-12-31 $190.30 Million -2.57%
2007-12-31 $195.32 Million +7.09%
2006-12-31 $182.39 Million +6.19%
2005-12-31 $171.76 Million -6.80%
2004-12-31 $184.29 Million +0.65%
2003-12-31 $183.10 Million +2.70%
2002-12-31 $178.29 Million +19.51%
2001-12-31 $149.19 Million +13.35%
2000-12-31 $131.62 Million +11.98%
1999-12-31 $117.54 Million +21.68%
1998-12-31 $96.60 Million --

Equity Component Analysis

This analysis shows how different components contribute to Financial Institutions Inc. 8.48% SRB1 PFD B's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.

Equity Composition Insights

  • Retained earnings have grown by 500.6% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2023)

Component Amount Percentage
Retained Earnings $451.69 Million 99.32%
Common Stock $161.00K 0.04%
Other Comprehensive Income $-119.94 Million -26.37%
Other Components $122.89 Million 27.02%
Total Equity $454.80 Million 100.00%

Financial Institutions Inc. 8.48% SRB1 PFD B Competitors by Market Cap

The table below lists competitors of Financial Institutions Inc. 8.48% SRB1 PFD B ranked by their market capitalization.

Company Market Cap
PacifiCorp
PINK:PPWLO
 		$1.30 Million
UPHLW
PINK:UPHLW
 		$1.30 Million
Blueberries Medical Corp
OTCQB:BBRRF
 		$1.30 Million
Grosvenor Resource Corp
V:GVR
 		$1.30 Million
Unique Logistics International Inc
PINK:UNQL
 		$1.30 Million
TWA Corp
PINK:TWAC
 		$1.30 Million
SANMINA
BE:SAYN
 		$1.30 Million
QDM International Inc
OTCQB:QDMI
 		$1.30 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Financial Institutions Inc. 8.48% SRB1 PFD B's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2022 to 2023, total equity changed from -137,487,000 to 454,796,000, a change of 592,283,000.
  • Net income of 50,264,000 contributed positively to equity growth.
  • Dividend payments of 19,745,000 reduced retained earnings.
  • Share repurchases of 571,000 reduced equity.
  • Other comprehensive income increased equity by 17,546,000.
  • Other factors increased equity by 544,789,000.

Equity Change Factors (2022 to 2023)

Factor Impact Contribution
Net Income $50.26 Million +11.05%
Dividends Paid $19.75 Million -4.34%
Share Repurchases $571.00K -0.13%
Other Comprehensive Income $17.55 Million +3.86%
Other Changes $544.79 Million +119.79%
Total Change $- %

Book Value vs Market Value Analysis

This analysis compares Financial Institutions Inc. 8.48% SRB1 PFD B's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.

Valuation Insights

  • Current price-to-book ratio: 4.76x
  • The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
  • The price-to-book ratio has decreased from 7.77x to 4.76x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2011-12-31 $18.03 $140.00 x
2012-12-31 $18.46 $140.00 x
2013-12-31 $18.49 $140.00 x
2014-12-31 $20.04 $140.00 x
2015-12-31 $20.79 $140.00 x
2016-12-31 $22.09 $140.00 x
2017-12-31 $25.27 $140.00 x
2018-12-31 $24.84 $140.00 x
2019-12-31 $-0.91 $140.00 x
2020-12-31 $0.13 $140.00 x
2021-12-31 $-0.85 $140.00 x
2022-12-31 $-8.89 $140.00 x
2023-12-31 $29.39 $140.00 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Financial Institutions Inc. 8.48% SRB1 PFD B utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.

Capital Efficiency Insights

  • Current Return on Equity (ROE): 11.05%
  • The company shows good efficiency in utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 104.19%
  • • Asset Turnover: 0.01x
  • • Equity Multiplier: 13.55x
  • Recent ROE (11.05%) is below the historical average (76.84%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
1998 14.08% 28.16% 0.05x 10.11x $3.94 Million
1999 13.58% 29.08% 0.05x 9.67x $4.20 Million
2000 13.75% 29.07% 0.05x 9.80x $4.94 Million
2001 14.22% 26.33% 0.04x 12.03x $6.29 Million
2002 14.84% 26.98% 0.05x 11.81x $8.63 Million
2003 7.78% 14.03% 0.05x 11.87x $-4.06 Million
2004 6.78% 12.40% 0.05x 11.70x $-5.94 Million
2005 1.26% 2.24% 0.05x 11.77x $-15.01 Million
2006 9.52% 21.34% 0.04x 10.46x $-876.80K
2007 8.40% 20.84% 0.04x 9.51x $-3.12 Million
2008 -13.75% -30.86% 0.04x 10.07x $-45.19 Million
2009 7.28% 15.09% 0.05x 10.40x $-5.39 Million
2010 10.03% 21.54% 0.04x 10.44x $72.60K
2011 9.61% 21.55% 0.05x 9.85x $-920.40K
2012 9.24% 20.70% 0.04x 10.89x $-1.94 Million
2013 10.02% 21.93% 0.04x 11.49x $46.10K
2014 10.50% 24.39% 0.04x 11.05x $1.40 Million
2015 9.64% 22.64% 0.04x 11.51x $-1.05 Million
2016 9.98% 23.11% 0.04x 11.59x $-74.40K
2017 8.80% 22.77% 0.04x 10.77x $-4.59 Million
2018 9.97% 24.99% 0.04x 10.88x $-103.30K
2019 0.00% 28.75% 0.04x 0.00x $50.31 Million
2020 1801.32% 21.05% 0.04x 2089.32x $38.12 Million
2021 0.00% 38.94% 0.04x 0.00x $79.05 Million
2022 0.00% 26.64% 0.04x 0.00x $70.32 Million
2023 11.05% 104.19% 0.01x 13.55x $4.78 Million

Industry Comparison

This section compares Financial Institutions Inc. 8.48% SRB1 PFD B's net assets metrics with peer companies in the Other industry.

Industry Context

  • Industry: Other
  • Average net assets among peers: $21,282,152,580
  • Average return on equity (ROE) among peers: 31.25%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Financial Institutions Inc. 8.48% SRB1 PFD B (FIISO) $500.34 Million 14.08% 11.30x $1.30 Million
Arçelik Anonim Sirketi (ACKAF) $59.56 Billion 12.87% 3.33x $19.95K
Argo Group US Inc. 6.5% SR NTS 42 (ARGD) $1.23 Billion -15.51% 0.05x $232.01K
American Crystal Sugar Company PFD REST NON DIV (ASCS) $316.55 Million 254.25% 1.77x $54.72 Million
Autobacs Seven Co. Ltd (ATBSF) $127.35 Billion 4.24% 0.47x $167.34K
Brookfield Asset Management Inc FR PRF PERPETUAL CAD 25 Ser 2 Cls A (BKFAF) $11.77 Billion 6.69% 3.72x $76.46K
Bristol-Myers Squibb Company PFD CONV 2 (BMYMP) $5.08 Billion 14.69% 0.67x $9.45 Million
BOL Bancshares Inc. PFD (BOLBP) $11.94 Million 0.62% 6.68x $0.91
NYSE LISTED TEST STOCK FOR CTS AND CQS (CBO) $3.36 Billion 11.17% 0.52x $237.68K
Canadian Utilities Limited 2ND PFD SER Y (CNAUF) $4.14 Billion 10.45% 1.28x $142.90K
Central Parking Finance Trust PFD TR CV SECS (CRLKP) $374.10 13.04% 2.96x $224.78K