GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Financial Institutions Inc (NAS:FISI) » Definitions » Net Cash per Share

Financial Institutions (Financial Institutions) Net Cash per Share : $-303.75 (As of Mar. 2024)


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

What is Financial Institutions Net Cash per Share?

Net Cash per Share is calculated as Balance Sheet Cash And Cash Equivalents plus Marketable Securities minus Total Liabilities minus Minority Interest and then divided by Shares Outstanding (EOP). Financial Institutions's Net Cash per Share for the quarter that ended in Mar. 2024 was $-303.75.

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

FISI's Price-to-Net-Cash is not ranked *
in the Banks industry.
Industry Median: 17.955
* Ranked among companies with meaningful Price-to-Net-Cash only.

Financial Institutions Net Cash per Share Historical Data

The historical data trend for Financial Institutions's Net Cash per Share 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 Cash per Share Chart

Financial Institutions Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Cash per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only -213.36 -232.02 -238.67 -280.76 -304.65

Financial Institutions Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Net Cash per Share 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 -289.99 -300.16 -304.19 -304.65 -303.75

Competitive Comparison of Financial Institutions's Net Cash per Share

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

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

* The bar in red indicates where Financial Institutions's Price-to-Net-Cash falls into.



Financial Institutions Net Cash per Share Calculation

In the calculation of a company's Net Cash per Share, assets other than cash and short term investments are considered to be worth nothing. But the company has to pay its debt and other liabilities in full. This is an extremely conservative way of valuation. Most companies have negative Net Cash per Share. But sometimes a company's price may be lower than its net-cash.

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

Net Cash per Share (A: Dec. 2023 )
=(Balance Sheet Cash And Cash Equivalents+Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(124.442+887.73-5706.085-0)/15.4074
=-304.65

Financial Institutions's Net Cash per Share for the quarter that ended in Mar. 2024 is calculated as

Net Cash per Share (Q: Mar. 2024 )
=(Balance Sheet Cash And Cash Equivalents+Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(237.038+923.761-5852.864-0)/15.4469
=-303.75

* 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 Cash per Share Explanation

Ben Graham invested in situations where the company's stock price was lower than its net-cash. He assigned some value to the company's other current asset. The value is called Net Current Asset Value (NCAV). One research study, covering the years 1970 through 1983 showed that portfolios picked at the beginning of each year, and held for one year, returned 29.4 percent, on average, over the 13-year period, compared to 11.5 percent for the S&P 500 Index. Other studies of Graham's strategy produced similar results.

You can find companies that are traded below their Net Current Asset Value (NCAV) with our Net-Net screener.


Financial Institutions Net Cash per Share Related Terms

Thank you for viewing the detailed overview of Financial Institutions's Net Cash per Share 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