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Financial Institutions FISI Provision for Credit Losses

Provision for Credit Losses at other companies

M&T Bank logo
M&T BankMTB
$120M+14.3%
KeyCorp logo
KeyCorpKEY
$92M-33.3%
Capital City Bank Group logo
Capital City Bank GroupCCBG
$919K+48.2%
SMB
SmartFinancialSMBK
$1.46M-39.3%
First Business Financial Services logo
First Business Financial ServicesFBIZ
$2.33M-38.8%
FRA
Franklin Financial Services CorporationFRAF
$1.64M+158%

Other financials

Income statement

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Revenue$64.3M+7.7%
Net income$21.2M+20.8%
EPS (diluted)$1.04+22.4%

Balance sheet

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Cash & equivalents$99.2M+6.6%
Total debt$260.7M+5.1%
Total equity$643.4M+6.9%
Total assets$6.3B+3.1%

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$820.77M+64.0%
Enterprise value$982.29M+49.8%
P/E9.9×
P/S3.2×

Profitability

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Net margin32.4%
FCF margin33%-35.0pp

Returns & leverage

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Return on equity13.3%+10.0pp
Debt / equity0.4×0.0×

Where this comes from

Reported directly by Financial Institutions in its filing.

Tagged under the XBRL concept us-gaap:ProvisionForLoanLeaseAndOtherLosses.

The source filing: Financial Institutions’s 10-Q, filed May 4, 2026.

Filed
May 4, 2026, 4:06 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001193125-26-203962
(In thousands, except per share amounts)Three months ended March 31, 2026Three months ended March 31, 2025
Long-term borrowings1,6981,560
Total interest expense29,57034,187
Net interest income51,99346,864
Provision for credit losses2,2392,928
Net interest income after provision for credit losses49,75443,936
Noninterest income:
Service charges on deposits1,0441,052
Card interchange income1,8921,840

ITEM 1. Financial Statements

FAQ

What is Financial Institutions's provision for credit losses?
Financial Institutions (FISI) reported provision for credit losses of $2.24M in Q1 2026.
How has Financial Institutions's provision for credit losses changed year-over-year?
Financial Institutions's provision for credit losses decreased by 23.5% year-over-year, from $2.93M to $2.24M.
What is the long-term trend for Financial Institutions's provision for credit losses?
Over 3 years (2022 to 2025), Financial Institutions's provision for credit losses has grown at a -4.4% compound annual growth rate (CAGR), from $13.31M to $11.63M.
What does provision for credit losses mean?
Expense recognized to build or adjust allowances for expected credit losses on loans, receivables, and other financial assets, based on forward-looking CECL methodology.

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