vs

Side-by-side financial comparison of FINANCIAL INSTITUTIONS INC (FISI) and Telesat Corp (TSAT). Click either name above to swap in a different company.

Telesat Corp is the larger business by last-quarter revenue ($73.8M vs $62.7M, roughly 1.2× FINANCIAL INSTITUTIONS INC). FINANCIAL INSTITUTIONS INC runs the higher net margin — 33.5% vs -119.8%, a 153.3% gap on every dollar of revenue. Over the past eight quarters, FINANCIAL INSTITUTIONS INC's revenue compounded faster (-2.0% CAGR vs -64.0%).

The Mizuho Financial Group, Inc. , known from 2000 to 2003 as Mizuho Holdings and abbreviated as MHFG or simply Mizuho, is a Japanese banking holding company headquartered in the Ōtemachi district of Chiyoda, Tokyo, Japan. The group was formed in 2000–2002 by merger of Dai-Ichi Kangyo Bank, Fuji Bank, and Industrial Bank of Japan. The name mizuho (瑞穂) literally means "abundant rice" in Japanese and "harvest" in the figurative sense.

Telesat, formerly Telesat Canada, is a Canadian satellite communications company founded on May 2, 1969. The company is headquartered in Ottawa.

FISI vs TSAT — Head-to-Head

Bigger by revenue
TSAT
TSAT
1.2× larger
TSAT
$73.8M
$62.7M
FISI
Higher net margin
FISI
FISI
153.3% more per $
FISI
33.5%
-119.8%
TSAT
Faster 2-yr revenue CAGR
FISI
FISI
Annualised
FISI
-2.0%
-64.0%
TSAT

Income Statement — Q1 FY2026 vs Q3 FY2025

Metric
FISI
FISI
TSAT
TSAT
Revenue
$62.7M
$73.8M
Net Profit
$21.0M
$-88.4M
Gross Margin
95.3%
Operating Margin
5.9%
Net Margin
33.5%
-119.8%
Revenue YoY
Net Profit YoY
24.3%
EPS (diluted)
$1.04

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
FISI
FISI
TSAT
TSAT
Q1 26
$62.7M
Q4 25
$64.1M
Q3 25
$63.8M
$73.8M
Q2 25
$59.7M
$77.5M
Q1 25
$57.2M
$152.2M
Q4 24
$41.6M
Q3 24
$50.1M
Q2 24
$65.2M
$363.2M
Net Profit
FISI
FISI
TSAT
TSAT
Q1 26
$21.0M
Q4 25
$20.0M
Q3 25
$20.5M
$-88.4M
Q2 25
$17.5M
$55.1M
Q1 25
$16.9M
$-52.3M
Q4 24
$-82.8M
Q3 24
$13.5M
Q2 24
$25.6M
$547.4M
Gross Margin
FISI
FISI
TSAT
TSAT
Q1 26
Q4 25
Q3 25
95.3%
Q2 25
95.9%
Q1 25
Q4 24
Q3 24
Q2 24
Operating Margin
FISI
FISI
TSAT
TSAT
Q1 26
Q4 25
37.4%
Q3 25
39.5%
5.9%
Q2 25
36.0%
16.8%
Q1 25
36.0%
Q4 24
-276.9%
Q3 24
29.0%
Q2 24
46.2%
Net Margin
FISI
FISI
TSAT
TSAT
Q1 26
33.5%
Q4 25
38.3%
Q3 25
32.1%
-119.8%
Q2 25
29.3%
71.2%
Q1 25
29.5%
-34.4%
Q4 24
-198.9%
Q3 24
26.9%
Q2 24
39.3%
150.7%
EPS (diluted)
FISI
FISI
TSAT
TSAT
Q1 26
$1.04
Q4 25
$0.96
Q3 25
$0.99
Q2 25
$0.85
Q1 25
$0.81
Q4 24
$-5.32
Q3 24
$0.84
Q2 24
$1.62

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
FISI
FISI
TSAT
TSAT
Cash + ST InvestmentsLiquidity on hand
$85.5M
$352.3M
Total DebtLower is stronger
$114.0M
Stockholders' EquityBook value
$1.6B
Total Assets
$6.3B
$5.1B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FISI
FISI
TSAT
TSAT
Q1 26
$85.5M
Q4 25
$108.8M
Q3 25
$185.9M
$352.3M
Q2 25
$93.0M
$399.6M
Q1 25
$167.4M
$552.1M
Q4 24
$87.3M
Q3 24
Q2 24
$1.7B
Total Debt
FISI
FISI
TSAT
TSAT
Q1 26
$114.0M
Q4 25
$193.7M
Q3 25
$115.0M
Q2 25
$115.0M
Q1 25
$124.9M
Q4 24
$124.8M
Q3 24
$124.8M
Q2 24
$124.7M
Stockholders' Equity
FISI
FISI
TSAT
TSAT
Q1 26
Q4 25
$628.9M
Q3 25
$621.7M
$1.6B
Q2 25
$601.7M
$1.7B
Q1 25
$589.9M
$2.5B
Q4 24
$569.0M
Q3 24
$500.3M
Q2 24
$467.7M
$2.4B
Total Assets
FISI
FISI
TSAT
TSAT
Q1 26
$6.3B
Q4 25
$6.3B
Q3 25
$6.3B
$5.1B
Q2 25
$6.1B
$4.9B
Q1 25
$6.3B
$6.9B
Q4 24
$6.1B
Q3 24
$6.2B
Q2 24
$6.1B
$6.3B
Debt / Equity
FISI
FISI
TSAT
TSAT
Q1 26
Q4 25
0.31×
Q3 25
0.18×
Q2 25
0.19×
Q1 25
0.21×
Q4 24
0.22×
Q3 24
0.25×
Q2 24
0.27×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

FISI
FISI

Net Interest Income$52.0M83%
Noninterest Income$10.7M17%

TSAT
TSAT

Segment breakdown not available.

Related Comparisons