First Niagara Financial Group Inc (FNFG) financial statements (2020 and earlier)

Company profile

Business Address 726 EXCHANGE STREET
BUFFALO, NY 14210
State of Incorp. DE
Fiscal Year End December 31
SIC 6021 - National Commercial Banks (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in millions)

12/31/2015
12/31/2014
12/31/2013
12/31/2012
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments672420463431
Cash and cash equivalents672420463431
Disposal group, including discontinued operation 40  
Total current assets:672460463431
Noncurrent Assets
Property, plant and equipment410407418411
Intangible assets, net (including goodwill)1,3961,4172,5432,618
Goodwill1,3481,3502,4492,484
Intangible assets, net (excluding goodwill)486794134
Total noncurrent assets:1,8061,8242,9613,028
Other undisclosed assets37,44036,26734,20433,347
TOTAL ASSETS:39,91838,55137,62836,806
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Debt4,3495,4724,8222,984
Total current liabilities:4,3495,4724,8222,984
Noncurrent Liabilities
Long-term debt and lease obligation2,308733734732
Long-term debt, excluding current maturities2,308733734732
Total noncurrent liabilities:2,308733734732
Other undisclosed liabilities29,13528,25327,07928,164
Total liabilities:35,79234,45832,63531,880
Stockholders' equity
Stockholders' equity attributable to parent, including:4,1264,0934,9934,927
Preferred stock338338338338
Common stock4444
Treasury stock, value(143)(162)(165)(184)
Additional paid in capital4,2314,2354,2354,231
Accumulated other comprehensive income (loss)(48)962157
Retained earnings (accumulated deficit)(255)(330)536399
Other undisclosed stockholders' equity attributable to parent(1)(1)(17)(18)
Total stockholders' equity:4,1264,0934,9934,927
TOTAL LIABILITIES AND EQUITY:39,91838,55137,62836,806

Income statement (P&L) ($ in millions)

12/31/2015
12/31/2014
12/31/2013
12/31/2012
Revenues1,0761,076  
Net investment income849847  
Financial services revenue227229  
Cost of revenue
(Financial Services Costs)
(76)(96)  
Gross profit:1,000980  
Operating expenses(712)(1,905)(607)(758)
Operating income (loss):288(925)(607)(758)
Nonoperating income
(Bank Owned Life Insurance Income)
13151714
Interest and debt expense(142)(122)(117)(153)
Other undisclosed income from continuing operations before equity method investments, income taxes1432081,1301,137
Income (loss) from continuing operations before income taxes:302(824)423239
Income tax expense (benefit)(79)109(128)(71)
Net income (loss):223(715)295168
Other undisclosed net income attributable to parent1   
Net income (loss) attributable to parent:224(715)295168
Other undisclosed net loss available to common stockholders, basic(31)(30)(30)(28)
Net income (loss) available to common stockholders, diluted:193(745)265141

Comprehensive Income ($ in millions)

12/31/2015
12/31/2014
12/31/2013
12/31/2012
Net income (loss):223(715)295168
Other comprehensive income (loss)(56)(53)(95)89
Comprehensive income (loss), net of tax, attributable to parent:167(768)200258

Statements sources

The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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