FISI Q2 2023 Earnings — Financial Institutions, Inc. Revenue & Financial Results | Market Cap Arena

FISIFinancial Institutions, Inc.

$626M

Q2 2023 Earnings

Financial Services Banks - Regional

Income Statement

Revenue

$82M+45.6% YoY

Gross Profit

$50M60.5% margin

Operating Income

$17M20.4% margin

Net Income

$14M17.5% margin

EPS (Diluted)

$0.91

QoQ Revenue Growth

+10.3%

Cash Flow

Operating Cash Flow

$8M

Free Cash Flow

$8M

Stock-Based Comp.

$657,000

Balance Sheet

Total Assets

$6.1B

Total Liabilities

$5.7B

Stockholders' Equity

$426M

Cash & Equivalents

$180M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$82M	$56M	+45.6%
Gross Profit	$50M	$52M	-4.8%
Operating Income	$17M	$20M	-13.9%
Net Income	$14M	$16M	-8.1%