Estados financieros detallados de Financial Institutions, Inc. (FISI): cuenta de resultados, balance general y flujo de caja. Sigue la evolución de márgenes, deuda, liquidez y rentabilidad año a año con hasta 20 años de histórico.
Resumen del Análisis
Financial Institutions, Inc. registró ingresos de $377.9M en el último ejercicio fiscal, con un CAGR de 5 años del 13.1%. El beneficio neto alcanzó $74.9M, con un CAGR a 5 años del 14.3%.
Márgenes de los últimos 12 meses: margen bruto 57.9%, margen operativo 15.6%, margen neto 26.2%. El flujo de caja libre creció a un CAGR del -19.5% en 5 años.
Al precio actual de $40.23, FISI cotiza a un P/E de 9.71 y un ROE del 13.09%. La capitalización bursátil es de $792M.
Cuenta de Resultados (10 años)
| Año | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Ingresos | $150.7M | $164.7M | $188.0M | $208.8M | $204.4M | $212.0M | $241.1M | $332.6M | $264.2M | $377.9M |
| Coste de Ventas | $22.2M | $30.9M | $38.8M | $46.9M | $49.5M | $4.1M | $42.8M | $135.3M | $176.1M | $144.6M |
| Beneficio Bruto | $128.5M | $133.9M | $149.2M | $161.9M | $154.9M | $207.9M | $198.2M | $197.3M | $88.0M | $233.3M |
| I+D | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Generales y Administrativos | $55.5M | $59.6M | $71.8M | $72.9M | $66.2M | $67.0M | $76.0M | $80.6M | $74.9M | $88.3M |
| Gastos Operativos | $84.4M | $90.4M | $99.7M | $102.5M | $109.2M | $110.7M | $127.3M | $134.2M | $156.2M | $142.0M |
| Beneficio Operativo | $44.1M | $43.5M | $49.5M | $59.4M | $45.7M | $97.2M | $71.0M | $63.1M | -$68.1M | $91.4M |
| EBITDA | $50.1M | $49.6M | $56.0M | $67.6M | $53.6M | $105.3M | $79.1M | $71.1M | -$60.5M | $99.2M |
| Gastos por Intereses | $12.5M | $17.5M | $29.9M | $38.9M | $22.3M | $12.5M | $28.7M | $120.4M | $149.6M | $133.0M |
| Beneficio Antes de Impuestos | $44.1M | $43.5M | $49.5M | $59.4M | $45.7M | $97.2M | $71.0M | $63.1M | -$68.1M | $91.4M |
| Impuestos | $12.2M | $9.9M | $10.0M | $10.6M | $7.4M | $19.5M | $14.4M | $12.8M | -$26.5M | $16.5M |
| Beneficio Neto | $31.9M | $33.5M | $39.5M | $48.9M | $38.3M | $77.7M | $56.6M | $50.3M | -$41.6M | $74.9M |
| BPA | $2.11 | $2.13 | $2.39 | $2.97 | $2.30 | $4.81 | $3.58 | $3.17 | $-2.75 | $3.65 |
| BPA Diluido | $2.10 | $2.13 | $2.39 | $2.96 | $2.30 | $4.78 | $3.56 | $3.15 | $-2.75 | $3.61 |
| Acciones en Circulación (Diluidas) | $14.5M | $15.1M | $16.0M | $16.0M | $16.1M | $15.9M | $15.5M | $15.5M | $15.7M | $20.3M |
Balance (10 años)
| Año | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Caja y Equivalentes | $71.3M | $99.2M | $102.8M | $112.9M | $93.9M | $79.1M | $130.5M | $124.4M | $87.3M | $108.8M |
| Inversiones a Corto | $539.9M | $525.0M | $445.7M | $417.9M | $628.1M | $1.18B | $954.4M | $887.7M | $8000 | 0 |
| Cuentas por Cobrar | 0 | 0 | 0 | 0 | $34.4M | $57.0M | $19.4M | $24.5M | $23.7M | $25.1M |
| Inventario | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Activos Corrientes | $611.2M | $624.2M | $548.4M | $530.9M | $756.3M | $1.31B | $1.10B | $1.04B | $111.1M | $133.9M |
| Inmovilizado Material | $42.4M | $45.2M | $42.8M | $41.4M | $60.6M | $62.2M | $73.1M | $71.4M | $70.2M | $69.0M |
| Fondo de Comercio | $66.4M | $62.5M | $66.1M | $66.1M | $66.1M | $67.1M | $67.1M | $67.1M | $58.1M | $58.1M |
| Activos Intangibles | $9.2M | $12.2M | $10.1M | $8.9M | $7.7M | $7.3M | $6.3M | $5.4M | $2.6M | $2.2M |
| Activos Totales | $3.71B | $4.11B | $4.31B | $4.38B | $4.91B | $5.52B | $5.80B | $6.16B | $6.12B | $6.27B |
| Cuentas por Pagar | 0 | 0 | 0 | 0 | 0 | 0 | $6.0M | $19.4M | $25.9M | $21.4M |
| Deuda a Corto | $331.5M | $446.2M | $469.5M | $275.5M | $5.3M | $30.0M | $205.0M | $185.0M | $99.0M | $109.0M |
| Pasivos Corrientes | $3.33B | $3.66B | $3.84B | $3.83B | $4.28B | $4.86B | $5.14B | $5.42B | $5.23B | $5.34B |
| Deuda a Largo | $39.1M | $39.1M | $39.2M | $39.3M | $73.6M | $73.9M | $74.2M | $124.5M | $124.8M | $193.7M |
| Pasivos Totales | $3.39B | $3.72B | $3.92B | $3.95B | $4.44B | $5.02B | $5.39B | $5.71B | $5.55B | $5.65B |
| Reservas | $237.7M | $257.1M | $279.9M | $313.4M | $324.9M | $384.0M | $421.3M | $451.7M | $388.7M | $437.1M |
| Patrimonio Neto | $320.1M | $381.2M | $396.3M | $438.9M | $468.4M | $505.1M | $405.6M | $454.8M | $569.0M | $628.9M |
| Deuda Total | $370.6M | $485.3M | $508.7M | $314.8M | $78.9M | $103.9M | $312.5M | $343.3M | $256.6M | $334.2M |
| Deuda Neta | -$240.6M | -$138.8M | -$39.7M | -$216.1M | -$643.0M | -$1.15B | -$772.4M | -$668.9M | $169.3M | $225.5M |
| Capital Circulante | -$2.72B | -$3.03B | -$3.29B | -$3.30B | -$3.53B | -$3.54B | -$4.04B | -$4.38B | -$5.12B | -$5.20B |
Flujo de Caja (10 años)
| Año | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Beneficio Neto | $31.9M | $33.5M | $39.5M | $48.9M | $38.3M | $77.7M | $56.6M | $50.3M | -$41.6M | $74.9M |
| Amortizaciones | $6.0M | $6.2M | $6.5M | $8.2M | $7.9M | $8.0M | $8.1M | $8.1M | $7.7M | $7.9M |
| Compensación en Acciones | $845000 | $1.2M | $1.3M | $1.4M | $1.3M | $1.7M | $2.6M | $1.7M | $1.6M | $3.1M |
| Cambio en Capital Circulante | $2.3M | -$20.5M | $16.4M | -$6.3M | -$26.9M | -$11.9M | $50.7M | -$55.7M | $33.7M | -$70.9M |
| Flujo de Caja Operativo | $46.7M | $46.3M | $65.1M | $57.7M | $43.5M | $73.0M | $133.6M | $10.9M | $77.1M | $18.8M |
| Inversiones (CapEx) | -$7.6M | -$7.7M | -$2.8M | -$3.6M | -$4.3M | -$9.4M | -$8.4M | -$3.0M | -$5.0M | -$5.5M |
| Adquisiciones | -$868000 | -$676000 | -$4.4M | 0 | 0 | -$1.4M | 0 | 0 | 0 | 0 |
| Recompra de Acciones | 0 | -$157000 | -$113000 | -$293000 | -$209000 | -$9.3M | -$15.3M | -$571000 | -$433000 | -$11.4M |
| Dividendos Pagados | -$12.9M | -$14.0M | -$16.4M | -$17.3M | -$18.0M | -$18.5M | -$19.1M | -$19.7M | -$20.0M | -$26.2M |
| Flujo de Caja Libre | $39.1M | $38.5M | $62.3M | $54.1M | $39.2M | $63.6M | $125.2M | $7.9M | $72.2M | $13.3M |
Crecimiento y Márgenes (10 años)
| Año | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Crecimiento Ingresos (anual) | +9.3% | +14.1% | +11.1% | -2.1% | +3.7% | +13.7% | +38.0% | -20.6% | +43.1% | |
| Crecimiento Beneficio Neto (anual) | +5.0% | +17.9% | +23.6% | -21.6% | +102.7% | -27.2% | -11.2% | -182.9% | +279.8% | |
| Crecimiento BPA (anual) | +0.9% | +12.2% | +24.3% | -22.6% | +109.1% | -25.6% | -11.5% | -186.8% | +232.7% | |
| Cambio en Acciones (anual) | +4.1% | +5.8% | +0.5% | +0.2% | -0.8% | -2.9% | +0.0% | +1.3% | +29.6% | |
| Crecimiento FCF (anual) | -1.4% | +61.6% | -13.2% | -27.5% | +62.2% | +97.0% | -93.7% | +813.1% | -81.6% | |
| Margen Bruto | 85.3% | 81.3% | 79.4% | 77.5% | 75.8% | 98.0% | 82.2% | 59.3% | 33.3% | 61.7% |
| Margen Operativo | 29.3% | 26.4% | 26.3% | 28.5% | 22.4% | 45.9% | 29.4% | 19.0% | -25.8% | 24.2% |
| Margen EBITDA | 33.2% | 30.1% | 29.8% | 32.4% | 26.2% | 49.6% | 32.8% | 21.4% | -22.9% | 26.3% |
| Margen Neto | 21.2% | 20.4% | 21.0% | 23.4% | 18.8% | 36.6% | 23.5% | 15.1% | -15.8% | 19.8% |
| Margen FCF | 25.9% | 23.4% | 33.1% | 25.9% | 19.2% | 30.0% | 51.9% | 2.4% | 27.3% | 3.5% |
| Tasa Impositiva Efectiva | 27.7% | 22.9% | 20.2% | 17.8% | 16.2% | 20.1% | 20.3% | 20.3% | 38.9% | 18.0% |
Datos por Acción (10 años)
| Año | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| FCF por Acción | $2.70 | $2.55 | $3.90 | $3.37 | $2.44 | $3.99 | $8.09 | $0.51 | $4.60 | $0.65 |
| Dividendo por Acción | $0.89 | $0.93 | $1.03 | $1.08 | $1.12 | $1.16 | $1.23 | $1.28 | $1.27 | $1.29 |
| Acciones en Circulación (Básicas) | $14.4M | $15.0M | $15.9M | $16.0M | $16.0M | $15.8M | $15.4M | $15.4M | $15.7M | $20.1M |
Qué mirar en empresas de Financial Services
- Efficiency Ratio (≤55%) — Gastos operativos / ingresos. Bancos top por debajo del 55%.
- ROA (≥1%) — Cuánto ganan por cada euro de activos. En banca el ROE engaña por el apalancamiento.
- ROTCE (≥12%) — Rentabilidad sobre Capital Tangible. Descuenta goodwill e intangibles.
- Capital / Activos (proxy Tier 1) (≥8%) — Proxy del ratio de capital. FMP no expone Tier 1 regulatorio directo.
- P/B (1,0-1,5x) — Métrica clásica bancaria. <1x puede ser oportunidad o distress.
- Rentabilidad por dividendo sostenible (≥2%, <8%) — Bancos UE pagan 5-7% sin estrés. >8% es señal de distress.
Rentabilidad
| Rentabilidad sobre capital | 13.09% |
| Rentabilidad sobre capital invertido | 0.64% |
| Rentabilidad sobre activos | 1.30% |
| Margen bruto | 57.94% |
| Margen operativo | 15.60% |
| Margen neto | 26.18% |
Salud financiera
| Deuda / Patrimonio | 0.45 |
| Ratio corriente | 0.47 |
Ratios Clave (10 años)
| Año | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| P/E | 16.21 | 14.60 | 10.75 | 10.81 | 9.78 | 6.61 | 6.80 | 6.72 | -9.92 | 8.54 |
| P/VC | 1.54 | 1.23 | 1.03 | 1.17 | 0.77 | 1.00 | 0.92 | 0.72 | 0.75 | 1.00 |
| P/V | 3.28 | 2.84 | 2.17 | 2.46 | 1.76 | 2.38 | 1.55 | 0.98 | 1.62 | 1.66 |
| Margen Bruto | 85.3% | 81.3% | 79.4% | 77.5% | 75.8% | 98.0% | 82.2% | 59.3% | 33.3% | 61.7% |
| Margen Operativo | 29.3% | 26.4% | 26.3% | 28.5% | 22.4% | 45.9% | 29.4% | 19.0% | -25.8% | 24.2% |
| Margen Neto | 21.2% | 20.4% | 21.0% | 23.4% | 18.8% | 36.6% | 23.5% | 15.1% | -15.8% | 19.8% |
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Explorar sector: Financial Services · Banks - Regional
Más secciones de FISI: Resumen · Valoración · Estadísticas · Estimaciones · Técnico · Propiedad · Noticias · Eventos
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