First Niagara Financial Group Inc. is a bank holding company for First Niagara Bank, N.A. (the Bank). The Bank is engaged in providing financial services to individuals and businesses in New York, Western and Eastern Pennsylvania, Connecticut, and Western Massachusetts. The Bank is a nationally chartered regional bank providing financial services to individuals, families and businesses. The Bank operates through two segments: banking and financial services. The banking segment includes all of its retail and commercial banking operations. The financial services segment includes its insurance operations. Its financial services activities consist predominantly of insurance sales. Its financial services activities consist of insurance sales. The Bank provides a range of products and services through its retail consumer, commercial, business services and wealth management operations, including retail banking, cash management, insurance and wealth management products.
Industry, Sector and Symbol:
- Trailing P/E Ratio: N/A
- Foreward P/E Ratio: 14.54
- P/E Growth: 0.00
- Net Margins: 14.04%
- Return on Equity: 4.06%
- Return on Assets: 0.47%
Frequently Asked Questions for First Niagara Financial Group (NASDAQ:FNFG)
What is First Niagara Financial Group's stock symbol?
First Niagara Financial Group trades on the NASDAQ under the ticker symbol "FNFG."
How were First Niagara Financial Group's earnings last quarter?
First Niagara Financial Group Inc. (NASDAQ:FNFG) issued its quarterly earnings results on Friday, July, 29th. The company reported $0.18 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.15 by $0.03. The company earned $330.73 million during the quarter, compared to the consensus estimate of $367.52 million. First Niagara Financial Group had a return on equity of 4.06% and a net margin of 14.04%. During the same period last year, the company earned $0.15 earnings per share. View First Niagara Financial Group's Earnings History.
Who are some of First Niagara Financial Group's key competitors?
Some companies that are related to First Niagara Financial Group include J P Morgan Chase & Co (JPM), Wells Fargo & Company (WFC), Bank of America Corporation (BAC), Citigroup (C), Royal Bank Of Canada (RY), Banco Santander, S.A. (SAN), Toronto Dominion Bank (The) (TD), U.S. Bancorp (USB), Westpac Banking Corporation (WBK), Mitsubishi UFJ Financial Group (MTU), HDFC Bank Limited (HDB), Itau Unibanco Banco Holding SA (ITUB), Bank of Nova Scotia (The) (BNS), ING Group, N.V. (ING), Lloyds Banking Group PLC (LYG), Banco Bradesco SA (BBD), PNC Financial Services Group, Inc. (The) (PNC) and Banco Bilbao Vizcaya Argentaria SA (BBVA).
How do I buy First Niagara Financial Group stock?
Shares of First Niagara Financial Group can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is First Niagara Financial Group's stock price today?
MarketBeat Community Rating for First Niagara Financial Group (NASDAQ FNFG)MarketBeat's community ratings are surveys of what our community members think about First Niagara Financial Group and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
One share of First Niagara Financial Group stock can currently be purchased for approximately $10.18.
Consensus Ratings for First Niagara Financial Group (NASDAQ:FNFG) (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
|Ratings Breakdown: ||No ratings tracked in the last 12 months.|
|Consensus Rating:||N/A (Score: NaN)|
|Consensus Price Target: ||N/A|
Analysts' Ratings History for First Niagara Financial Group (NASDAQ:FNFG)
(Data available from 7/25/2015 forward)
|Date||Firm||Action||Rating||Price Target||Impact on Share Price||Details|
|5/17/2016||Raymond James Financial, Inc.||Upgrade||Underperform -> Hold||N/A|
|4/5/2016||Deutsche Bank AG||Reiterated Rating||Hold||$11.00||N/A|
|1/13/2016||Barclays PLC||Boost Price Target||Underweight||$9.00 -> $11.00||N/A|
|11/13/2015||Standpoint Research||Downgrade||Buy -> Hold||N/A|
|11/2/2015||Goldman Sachs Group, Inc. (The)||Upgrade||Sell -> Neutral||$10.00||N/A|
|11/1/2015||Compass Point||Boost Price Target||Buy||$13.00||N/A|
|10/30/2015||Boenning Scattergood||Downgrade||Neutral -> Underperform||N/A|
|10/27/2015||Keefe, Bruyette & Woods||Boost Price Target||Market Perform||$9.50 -> $10.00||N/A|
|10/26/2015||Wells Fargo & Company||Downgrade||Outperform -> Market Perform||N/A|
|10/26/2015||Royal Bank Of Canada||Boost Price Target||Sector Perform||$9.00 -> $10.00||N/A|
|10/6/2015||Jefferies Group LLC||Boost Price Target||Buy||$11.00 -> $12.00||N/A|
|9/23/2015||Evercore ISI||Boost Price Target||Hold||$8.00 -> $9.00||N/A|
|9/23/2015||Evercore Partners Inc||Boost Price Target||Hold||$8.00 -> $9.00||N/A|
|7/28/2015||Macquarie||Boost Price Target||Underperform||$7.00 -> $8.00||N/A|
Earnings History for First Niagara Financial Group (NASDAQ:FNFG)Earnings History by Quarter for First Niagara Financial Group (NASDAQ FNFG)
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|7/29/2016||Q2||$0.15||$0.18||$367.52 million||$330.73 million||View||N/A|
|4/29/2016||Q1||$0.14||$0.14||$355.47 million||$346.66 million||View||N/A|
|2/5/2016||Q415||$0.15||$0.15||$348.40 million||$355.95 million||View||N/A|
|10/23/2015||Q315||$0.15||$0.15||$353.75 million||$346.90 million||View||N/A|
|7/24/2015||Q215||$0.14||$0.15||$351.16 million||$353.00 million||View||Listen|
|4/24/2015||Q115||$0.14||$0.15||$349.84 million||$345.00 million||View||N/A|
|1/23/2015||Q414||$0.17||$0.17||$350.63 million||$346.96 million||View||N/A|
|10/24/2014||Q314||$0.18||$0.18||$360.40 million||$348.70 million||View||Listen|
|7/25/2014||Q214||$0.18||$0.19||$358.25 million||$352.67 million||View||N/A|
|4/24/2014||Q114||$0.17||$0.15||$363.18 million||$347.47 million||View||N/A|
|1/24/2014||Q413||$0.20||$0.20||$362.82 million||$369.59 million||View||N/A|
|7/19/2013||Q2 2013||$0.18||$0.18||$359.25 million||View||N/A|
|4/19/2013||Q1 2013||$0.18||$0.17||$360.94 million||$355.40 million||View||N/A|
|1/23/2013||Q4 2012||$0.18||$0.19||$356.70 million||View||N/A|
Earnings Estimates for First Niagara Financial Group (NASDAQ:FNFG)
Current Year EPS Consensus Estimate: $0.57 EPS
Next Year EPS Consensus Estimate: $0.70 EPS
Current Dividend Information for First Niagara Financial Group (NASDAQ:FNFG)
|Most Recent Dividend:||8/15/2016|
|Payout Ratio:||65.31% (Trailing 12 Months of Earnings) |
56.14% (Based on This Year's Estimates)
45.71% (Based on Next Year's Estimates)
Dividend History by Quarter for First Niagara Financial Group (NASDAQ FNFG)
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
Insider Trading and Institutional Ownership History for First Niagara Financial Group (NASDAQ:FNFG)Insider Trades by Quarter for First Niagara Financial Group (NASDAQ:FNFG)
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Details|
|6/2/2016||Inder Koul||Insider||Sell||238||$11.04||$2,627.52|| |
|5/4/2016||Mark R Rendulic||EVP||Sell||35,000||$10.17||$355,950.00|| |
|5/3/2016||Austin A Adams||Director||Buy||5,000||$10.31||$51,550.00|| |
|12/30/2015||George M. Philip||Director||Buy||562||$10.97||$6,165.14|| |
|11/21/2014||Austin A Adams||Director||Buy||10,000||$8.16||$81,600.00|| |
|11/18/2014||Peter B Robinson||Director||Buy||1,489||$8.08||$12,031.12|| |
|11/13/2014||Gary M Crosby||CEO||Buy||10,000||$7.76||$77,600.00|| |
|11/12/2014||Gregory W Norwood||CFO||Buy||10,000||$7.60||$76,000.00|| |
|11/12/2014||Mark R Rendulic||EVP||Buy||6,514||$7.79||$50,744.06|| |
|11/11/2014||Carlton L Highsmith||Director||Buy||15,000||$7.53||$112,950.00|| |
|10/7/2014||James R Boldt||Director||Buy||2,552||$8.33||$21,258.16|| |
|7/11/2014||Thomas E Baker||Director||Buy||2,281||$8.95||$20,414.95|| |
|3/27/2014||James R Boldt||Director||Buy||2,010||$9.30||$18,693.00|| |
|2/3/2014||Julie Signorille||Director||Buy||1,250||$8.51||$10,637.50|| |
|1/30/2014||Andrew Fornarola||EVP||Buy||4,000||$8.68||$34,720.00|| |
|1/30/2014||Gary M Crosby||CEO||Buy||10,000||$8.60||$86,000.00|| |
|1/29/2014||Peter B Robinson||Director||Buy||4,288||$8.61||$36,919.68|| |
|1/28/2014||Inder Koul||Insider||Buy||2,500||$8.74||$21,850.00|| |
|10/3/2013||James R Boldt||Director||Buy||1,222||$10.23||$12,501.06|| |
|7/1/2013||Thomas E Baker||Director||Buy||3,929||$9.99||$39,250.71|| |
|4/4/2013||Thomas E Baker||Director||Buy||2,463||$8.84||$21,772.92|| |
|12/21/2012||Barabara S Jeremiah||Director||Buy||2,451||$7.89||$19,338.39|| |
|9/28/2012||Barabara S Jeremiah||Director||Buy||2,350||$8.11||$19,058.50|| |
|8/13/2012||Mark R Rendulic||EVP||Buy||7,500||$8.09||$60,675.00|| |
|8/6/2012||Gary M Crosby||COO||Buy||7,500||$7.94||$59,550.00|| |
|8/6/2012||Richard M Barry||Insider||Buy||5,000||$7.86||$39,300.00|| |
Headline Trends for First Niagara Financial Group (NASDAQ:FNFG)
Latest Headlines for First Niagara Financial Group (NASDAQ:FNFG)
First Niagara Financial Group (FNFG) Chart for Tuesday, July, 25, 2017