FISI Q1 2023 Earnings — Financial Institutions, Inc. Revenue & Financial Results | Market Cap Arena

FISIFinancial Institutions, Inc.

$626M

Q1 2023 Earnings

Financial Services Banks - Regional

Income Statement

Revenue

$74M+40.8% YoY

Gross Profit

$48M64.4% margin

Operating Income

$15M20.0% margin

Net Income

$12M16.2% margin

EPS (Diluted)

$0.76

QoQ Revenue Growth

+8.6%

Cash Flow

Operating Cash Flow

$7M

Free Cash Flow

$6M

Stock-Based Comp.

$551,000

Balance Sheet

Total Assets

$6.0B

Total Liabilities

$5.5B

Stockholders' Equity

$423M

Cash & Equivalents

$140M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$74M	$53M	+40.8%
Gross Profit	$48M	$48M	+0.4%
Operating Income	$15M	$18M	-19.3%
Net Income	$12M	$15M	-19.3%