FISI
Income statement / Annual
Last year (2023), Financial Institutions, Inc.'s total revenue was $331.24 M,
an increase of 55.99% from the previous year.
In 2023, Financial Institutions, Inc.'s net income was $50.26 M.
See Financial Institutions, Inc.’s key income statements, including revenue, expenses, profit, and income.
| Period |
FY-2023
|
FY-2022
|
FY-2021
|
FY-2020
|
FY-2019
|
FY-2018
|
FY-2017
|
FY-2016
|
FY-2015
|
FY-2014
|
| Period Ended |
12/31/2023 |
12/31/2022 |
12/31/2021 |
12/31/2020 |
12/31/2019 |
12/31/2018 |
12/31/2017 |
12/31/2016 |
12/31/2015 |
12/31/2014 |
| Operating Revenue |
$331.24 M
|
$212.35 M
|
$199.56 M
|
$182.06 M
|
$169.94 M
|
$158.14 M
|
$147.24 M
|
$138.15 M
|
$125.15 M
|
$120.34 M
|
| Cost of Revenue |
$283.00 M |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
| Gross Profit |
$48.24 M |
$212.35 M |
$199.56 M |
$182.06 M |
$169.94 M |
$158.14 M |
$147.24 M |
$138.15 M |
$125.15 M |
$120.34 M |
| Gross Profit Ratio |
0.15 |
1 |
1 |
1 |
1 |
1 |
1 |
1 |
1 |
1 |
| Research and Development
Expenses |
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
| General & Administrative
Expenses |
$78.66 M
|
$72.07 M
|
$79.40 M
|
$75.20 M
|
$64.64 M
|
$63.77 M
|
$57.43 M
|
$52.40 M
|
$49.50 M
|
$45.26 M
|
| Selling & Marketing
Expenses |
$1.93 M
|
$2.01 M
|
$1.70 M
|
$2.61 M
|
$3.58 M
|
$3.58 M
|
$2.17 M
|
$1.70 M
|
$1.12 M
|
$805,000.00
|
| Selling, General &
Administrative Expenses |
$80.59 M
|
$74.09 M
|
$81.10 M
|
$77.81 M
|
$68.22 M
|
$67.35 M
|
$59.60 M
|
$54.09 M
|
$50.62 M
|
$46.06 M
|
| Other Expenses |
-$50.42 M |
-$43.01 M |
-$183.44 M |
-$214.14 M |
-$178.74 M |
-$146.09 M |
-$23.97 M |
-$24.93 M |
$0.00 |
$0.00 |
| Operating Expenses |
$50.42 M |
$2.01 M |
-$102.33 M |
-$136.33 M |
-$110.52 M |
-$78.74 M |
$2.17 M |
$1.70 M |
$1.12 M |
$805,000.00 |
| Cost And Expenses |
$269.86 M |
$2.01 M |
-$102.33 M |
-$136.33 M |
-$110.52 M |
-$78.74 M |
$2.17 M |
$1.70 M |
$1.12 M |
$805,000.00 |
| Interest Income |
$286.13 M |
$196.11 M |
$167.21 M |
$161.30 M |
$168.80 M |
$152.73 M |
$130.11 M |
$115.23 M |
$105.45 M |
$101.06 M |
| Interest Expense |
$13.06 M |
$28.74 M |
$12.48 M |
$22.31 M |
$38.89 M |
$29.87 M |
$17.50 M |
$12.54 M |
$10.14 M |
$7.28 M |
| Depreciation &
Amortization |
$5.94 M
|
$5.85 M
|
$5.62 M
|
$5.88 M
|
$8.21 M
|
$6.48 M
|
$6.18 M
|
$5.85 M
|
$5.43 M
|
$4.58 M
|
| EBITDA |
$71.14 M
|
$79.08 M
|
$105.27 M
|
$53.62 M
|
$67.63 M
|
$56.01 M
|
$49.65 M
|
$50.10 M
|
$44.31 M
|
$43.56 M
|
| EBITDA Ratio |
0.19 |
0.51 |
0.49 |
0.26 |
0.36 |
0.54 |
0.46 |
0.45 |
0.44 |
0.42 |
| Operating Income Ratio
|
0.19
|
0.5
|
0.49
|
0.25
|
0.35
|
0.5
|
0.45
|
0.41
|
0.39
|
0.38
|
| Total Other
Income/Expenses Net |
-$21.04 M
|
-$17.12 M
|
-$13.08 M
|
-$13.72 M
|
-$11.70 M
|
-$13.99 M
|
-$10.91 M
|
-$8.23 M
|
-$9.67 M
|
-$9.93 M
|
| Income Before Tax |
$63.05 M |
$70.97 M |
$97.22 M |
$45.72 M |
$59.42 M |
$49.53 M |
$43.47 M |
$44.14 M |
$38.88 M |
$38.98 M |
| Income Before Tax Ratio
|
0.19
|
0.33
|
0.49
|
0.25
|
0.35
|
0.31
|
0.3
|
0.32
|
0.31
|
0.32
|
| Income Tax Expense |
$12.79 M |
$14.40 M |
$19.53 M |
$7.39 M |
$10.56 M |
$10.01 M |
$9.95 M |
$12.21 M |
$10.54 M |
$9.63 M |
| Net Income |
$50.26 M |
$56.57 M |
$77.70 M |
$38.33 M |
$48.86 M |
$39.53 M |
$33.53 M |
$31.93 M |
$28.34 M |
$29.36 M |
| Net Income Ratio |
0.15 |
0.27 |
0.39 |
0.21 |
0.29 |
0.25 |
0.23 |
0.23 |
0.23 |
0.24 |
| EPS |
3.17 |
3.58 |
4.81 |
2.3 |
2.97 |
2.48 |
2.13 |
2.11 |
1.91 |
2.01 |
| EPS Diluted |
3.15 |
3.56 |
4.78 |
2.3 |
2.96 |
2.48 |
2.13 |
2.1 |
1.9 |
2 |
| Weighted Average Shares
Out |
$15.38 M
|
$15.38 M
|
$15.84 M
|
$16.02 M
|
$15.97 M
|
$15.91 M
|
$15.04 M
|
$14.44 M
|
$14.08 M
|
$13.89 M
|
| Weighted Average Shares
Out Diluted |
$15.48 M
|
$15.47 M
|
$15.94 M
|
$16.06 M
|
$16.03 M
|
$15.96 M
|
$15.09 M
|
$14.49 M
|
$14.14 M
|
$13.95 M
|
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