FISI Q3 2022 Earnings — Financial Institutions, Inc. Revenue & Financial Results | Market Cap Arena

FISIFinancial Institutions, Inc.

$608M

Q3 2022 Earnings

Financial Services Banks - Regional

Income Statement

Revenue

$63M+20.2% YoY

Gross Profit

$51M81.2% margin

Operating Income

$19M29.4% margin

Net Income

$14M21.9% margin

EPS (Diluted)

$0.88

QoQ Revenue Growth

+12.2%

Cash Flow

Operating Cash Flow

$36M

Free Cash Flow

$34M

Stock-Based Comp.

$662,000

Balance Sheet

Total Assets

$5.6B

Total Liabilities

$5.2B

Stockholders' Equity

$394M

Cash & Equivalents

$119M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$63M	$53M	+20.2%
Gross Profit	$51M	$50M	+2.3%
Operating Income	$19M	$22M	-14.5%
Net Income	$14M	$17M	-19.3%