Company / Goodwill
FINANCIAL INSTITUTIONS INC Goodwill History
FY2015-FY2024 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Goodwill
$58.1M
FY2024
5-year range
$58.1M / $67.1M
FY2020-FY2024
Trend
-13.3%
vs FY2023
Sector context
#262 of 320
Financials
What the data says
FINANCIAL INSTITUTIONS INC's goodwill of $58M is lower than 82% of companies in the Financials sector (FY2024). Declined from $67M to $58M over the past 2 years.
Based on SEC 10-K filings.
$58M in FY2024 with a 5-year CAGR of -2.5%.
Declined from $67M to $58M over the past 2 years.
Financials sector context is included.
Goodwill over time
Growth rates
- 3-Year CAGR
- -4.7%
- 5-Year CAGR
- -2.5%
- 10-Year CAGR
- -
Sector benchmark
Bottom 18% in FinancialsTop 82% of 320This company $58.1M Sector average $2.9B
▼
-98.0% below sector average
Key checks
Key Insights
- 5-year CAGR of -2.5%, indicating a declining trend.
- In FY2024, goodwill decreased 13.3% year-over-year.
- Ranks #262 out of 320 companies in the Financials sector.
- Peak goodwill was recorded in FY2023.
Company context
Key Data Points
- Low Piotroski F-Score: 2/9 (multiple financial health concerns)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | GoodwillValue | YoY GrowthYoY |
|---|---|---|
| FY2024 | $58.1M | -13.3% |
| FY2023 | $67.1M | +0.0% |
| FY2022 | $67.1M | +0.0% |
| FY2021 | $67.1M | +1.5% |
| FY2020 | $66.1M | +0.0% |
| FY2019 | $66.1M | +0.0% |
| FY2018 | $66.1M | +0.3% |
| FY2017 | $65.8M | -0.9% |
| FY2016 | $66.4M | +10.0% |
| FY2015 | $60.4M | -1.2% |
As of FY2024 · SEC 10-K · Updated Feb 28, 2026