FISI Q1 2024 Earnings — Financial Institutions, Inc. Revenue & Financial Results | Market Cap Arena

FISIFinancial Institutions, Inc.

$626M

Q1 2024 Earnings

Financial Services Banks - Regional

Income Statement

Revenue

$89M+19.5% YoY

Gross Profit

$37M41.5% margin

Operating Income

$2M2.7% margin

Net Income

$2M2.3% margin

EPS (Diluted)

$0.11

QoQ Revenue Growth

-2.5%

Cash Flow

Operating Cash Flow

$12M

Free Cash Flow

$11M

Stock-Based Comp.

$569,000

Balance Sheet

Total Assets

$6.3B

Total Liabilities

$5.9B

Stockholders' Equity

$446M

Cash & Equivalents

$237M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$89M	$74M	+19.5%
Gross Profit	$37M	$48M	-23.0%
Operating Income	$2M	$15M	-83.7%
Net Income	$2M	$12M	-82.9%