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Financial Institutions FISI Benefit Provision For Credit Losses

Benefit Provision For Credit Losses at other companies

Citizens Financial Group logo
Citizens Financial GroupCFG
$140M-8.5%
Safety Insurance Group logo
Safety Insurance GroupSAFT
$348K+8.4%
WEX logo
WEXWEX
-$600K+40.0%
Hope Bancorp logo
Hope BancorpHOPE
$8.65M+80.2%
Independent Bank Corp logo
Independent Bank CorpINDB
$16.37M+80.6%
Trico Bancshares logo
Trico BancsharesTCBK
$3.33M-10.8%

Other financials

Income statement

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Revenue$62.7M+9.5%
Net income$21.0M+24.3%
EPS (diluted)$1.04+28.4%

Balance sheet

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Cash & equivalents$85.5M-48.9%
Total debt$224.6M+5.7%
Total equity$631.7M+7.1%
Total assets$6.3B-0.7%

Cash flow

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Operating cash flow$23.7M+137%
CapEx$650.0K-20.3%
Free cash flow$23.0M+151%

Valuation

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Market cap$761.27M+54.0%
Enterprise value$900.46M+66.9%
P/E9.6×
P/S

Profitability

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Net margin31.5%
FCF margin33%-35.0pp

Returns & leverage

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Return on equity12.9%+10.1pp
Debt / equity0.4×0.0×

Where this comes from

Reported directly by Financial Institutions in its filing.

Tagged under the XBRL concept fisi:BenefitProvisionForCreditLosses.

The official record: Financial Institutions’s 10-Q, filed May 4, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Financial Institutions's benefit provision for credit losses?
Financial Institutions (FISI) reported benefit provision for credit losses of $2.24M in Q1 2026.
How has Financial Institutions's benefit provision for credit losses changed year-over-year?
Financial Institutions's benefit provision for credit losses decreased by 23.5% year-over-year, from $2.93M to $2.24M.
What does benefit provision for credit losses mean?
This reflects the non-cash adjustment to the allowance for credit losses, representing the estimated impact of changes in credit risk on the bank's loan portfolio. A benefit indicates a reduction in the required reserve, often due to improved credit quality or changes in economic forecasts. It is a critical indicator of the bank's asset quality and the accuracy of its historical loss provisioning.