FISI FY 2023 Earnings — Financial Institutions, Inc. Revenue & Financial Results | Market Cap Arena

FISIFinancial Institutions, Inc.

$626M

FY 2023 Earnings

Financial Services Banks - Regional

Income Statement

Revenue

$333M+38.0% YoY

Gross Profit

$197M59.3% margin

Operating Income

$63M19.0% margin

Net Income

$50M15.1% margin

EPS (Diluted)

$3.15

Cash Flow

Operating Cash Flow

$11M

Free Cash Flow

$8M

Stock-Based Comp.

$2M

Balance Sheet

Total Assets

$6.2B

Total Liabilities

$5.7B

Stockholders' Equity

$455M

Cash & Equivalents

$124M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$333M	$241M	+38.0%
Gross Profit	$197M	$198M	-0.5%
Operating Income	$63M	$71M	-11.2%
Net Income	$50M	$57M	-11.2%