FISI Q2 2024 Earnings — Financial Institutions, Inc. Revenue & Financial Results | Market Cap Arena

FISIFinancial Institutions, Inc.

$626M

Q2 2024 Earnings

Financial Services Banks - Regional

Income Statement

Revenue

$102M+24.2% YoY

Gross Profit

$62M60.8% margin

Operating Income

$30M29.6% margin

Net Income

$26M25.1% margin

EPS (Diluted)

$1.62

QoQ Revenue Growth

+14.6%

Cash Flow

Operating Cash Flow

$36M

Free Cash Flow

$35M

Stock-Based Comp.

$746,000

Balance Sheet

Total Assets

$6.1B

Total Liabilities

$5.7B

Stockholders' Equity

$468M

Cash & Equivalents

$146M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$102M	$82M	+24.2%
Gross Profit	$62M	$50M	+24.8%
Operating Income	$30M	$17M	+79.5%
Net Income	$26M	$14M	+78.3%