FISI
FINANCIAL INSTITUTIONS INC
NASDAQ · Financial Services · Banks - Regional · US
$40.37
+2.60%Income statement
| Metric | TTM | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Revenue | |||||
| Total Revenue | 314.8M | 377.9M | 264.2M | 332.6M | 241.1M |
| Cost of Revenue | 131.8M | 144.6M | 176.1M | 135.3M | 42.8M |
| Gross Profit | 183.0M | 233.3M | 88.0M | 197.3M | 198.3M |
| Operating Expenses | |||||
| R&D Expense | — | — | — | — | — |
| SG&A Expense | 112.5M | 88.3M | 74.9M | 80.6M | 76.0M |
| General & Admin Expense | 110.4M | 88.3M | 73.3M | 78.7M | 74.0M |
| Selling & Marketing Expense | 2.1M | — | 1.6M | 1.9M | 2.0M |
| Other Expenses | 22.5M | 53.7M | 81.3M | 53.7M | 51.3M |
| Total Operating Expenses | 135.0M | 142.0M | 156.2M | 134.2M | 127.3M |
| Cost and Expenses | 266.8M | 286.6M | 332.3M | 269.5M | 170.1M |
| Operating Income (EBIT) | 48.0M | 91.4M | (68.1M) | 63.1M | 71.0M |
| Non-Operating | |||||
| Interest Income | 334.3M | 333.0M | 313.2M | 286.1M | 196.1M |
| Interest Expense | 122.4M | 133.0M | 149.6M | 120.4M | 28.7M |
| Net Interest Income | 211.9M | 200.0M | 163.6M | 165.7M | 167.4M |
| Other Non-Op Income/Expense | 50.4M | — | — | — | — |
| Non-Operating Income (excl Interest) | — | — | — | — | — |
| EBT (Pre-Tax Income) | 98.5M | 91.4M | (68.1M) | 63.1M | 71.0M |
| Income Tax Expense | 16.3M | 16.5M | (26.5M) | 12.8M | 14.4M |
| Bottom Line | |||||
| Net Income | 82.1M | 74.9M | (41.6M) | 50.3M | 56.6M |
| Earnings from Cont. Ops | 82.1M | 74.9M | (41.6M) | 50.3M | 56.6M |
| Earnings from Discont. Ops | — | — | — | — | — |
| Bottom Line Net Income | 80.7M | 73.4M | (43.1M) | 48.8M | 55.1M |
| Per Share | |||||
| Basic EPS | $4.09 | $3.65 | ($2.75) | $3.17 | $3.58 |
| Diluted EPS | $4.04 | $3.61 | ($2.75) | $3.15 | $3.56 |
| Revenue Per Share | $16.05 | $18.80 | $16.84 | $21.63 | $15.67 |
| Shares | |||||
| Basic Shares Outstanding | 19.6M | 20.1M | 15.7M | 15.4M | 15.4M |
| Diluted Shares Outstanding | 19.9M | 20.3M | 15.7M | 15.5M | 15.5M |
| Profitability Metrics | |||||
| EBITDA | 53.9M | 99.2M | (60.5M) | 71.1M | 79.1M |
| D&A | 2.2M | 7.9M | 7.7M | 8.1M | 8.1M |
| EBIT | 48.0M | 91.4M | (68.1M) | 63.1M | 71.0M |
As reported, in the filing currency · TTM sums the four latest quarters; MRQ is the latest quarter · Negatives in parentheses; a dash is a line the filing does not carry · Data as of Sep 1, 2026