FISI Q3 2023 Earnings — Financial Institutions, Inc. Revenue & Financial Results | Market Cap Arena

FISIFinancial Institutions, Inc.

$626M

Q3 2023 Earnings

Financial Services Banks - Regional

Income Statement

Revenue

$85M+34.0% YoY

Gross Profit

$51M59.7% margin

Operating Income

$16M19.4% margin

Net Income

$14M16.5% margin

EPS (Diluted)

$0.88

QoQ Revenue Growth

+3.3%

Cash Flow

Operating Cash Flow

$44M

Free Cash Flow

$43M

Stock-Based Comp.

$721,000

Balance Sheet

Total Assets

$6.1B

Total Liabilities

$5.7B

Stockholders' Equity

$409M

Cash & Equivalents

$192M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$85M	$63M	+34.0%
Gross Profit	$51M	$51M	-1.4%
Operating Income	$16M	$19M	-11.4%
Net Income	$14M	$14M	+1.2%