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Financials · FISI

Financial Institutions Inc. (FISI) financials

For the twelve months ended Jun 30, 2026, Financial Institutions Inc. reported $254.95M of revenue and $82.63M of net income.

Revenue, TTM
$254.95M
Net income, TTM
$82.63M
Net margin
32.4%
Free cash flow, TTM
$56.24M
EPS, diluted, TTM
$4.03
Cash
$99.17M
Total debt
$78.69M
P/E
9.42
P/S
3.05
Market cap
$778.6M
Annual revenue$244.94M
FY2016FY2025
Annual net income$74.87M
FY2016FY2025
Annual free cash flow$13.25M
FY2016FY2025

FISI revenue and earnings growth

FISI revenueQ2 2026$64.31M

Quarter YoY
+7.7%
QoQ
+2.6%
FY YoY
+109.5%
5Y CAGR
+6.1%
10Y CAGR
+6.9%

FISI revenue was $64.31M in fiscal Q2 2026 (ended Jun 30, 2026), up 7.7% from a year earlier and up 2.6% from the prior quarter. For the full fiscal 2025 it was $244.94M, up 109.5% from fiscal 2024. Compound annual growth was +6.1% over 5 years and +6.9% over 10 years. It rose in 9 of the last 10 fiscal years. Fiscal 2025 is the highest of the 15 fiscal years on file.

FISI net incomeQ2 2026$21.18M

Quarter YoY
+20.8%
QoQ
+0.9%
5Y CAGR
+14.3%
10Y CAGR
+10.2%

FISI net income was $21.18M in fiscal Q2 2026 (ended Jun 30, 2026), up 20.8% from a year earlier and up 0.9% from the prior quarter. For the full fiscal 2025 it was $74.87M, compared with -$41.65M in fiscal 2024. Compound annual growth was +14.3% over 5 years and +10.2% over 10 years.

FISI EPSQ2 2026$1.04

Quarter YoY
+22.4%
QoQ
+0.0%
5Y CAGR
+9.4%
10Y CAGR
+6.6%

FISI diluted EPS was $1.04 in fiscal Q2 2026 (ended Jun 30, 2026), up 22.4% from a year earlier and up 0.0% from the prior quarter. For the full fiscal 2025 it was $3.61, compared with -$2.75 in fiscal 2024. Compound annual growth was +9.4% over 5 years and +6.6% over 10 years.

FISI free cash flowQ2 2026$21.81M

QoQ
-5.3%
FY YoY
-81.6%
5Y CAGR
-19.5%
10Y CAGR
-9.4%

FISI free cash flow was $21.81M in fiscal Q2 2026 (ended Jun 30, 2026), compared with -$7.32M a year earlier and down 5.3% from the prior quarter. For the full fiscal 2025 it was $13.25M, down 81.6% from fiscal 2024. Compound annual growth was -19.5% over 5 years and -9.4% over 10 years. It rose in 5 of the last 10 fiscal years.

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Income statement

Income statement
Line item
FY2025
Dec 31, 2025
FY2024
Dec 31, 2024
FY2023
Dec 31, 2023
FY2022
Dec 31, 2022
FY2021
Dec 31, 2021
FY2020
Dec 31, 2020
FY2019
Dec 31, 2019
FY2018
Dec 31, 2018
FY2017
Dec 31, 2017
FY2016
Dec 31, 2016
Revenue$244.94M$116.91M$213.96M$213.64M$201.64M$182.16M$170.29M$159.34M$147.34M$138.45M
Interest expense--$120.42M$28.73M$12.47M$22.31M$38.89M$29.87M$17.50M$12.54M
Pre-tax income$91.35M-$68.15M$63.05M$70.97M$97.22M$45.72M$59.42M$49.53M$43.47M$44.14M
Income tax$16.49M-$26.50M$12.79M$14.40M$19.52M$7.39M$10.56M$10.01M$9.95M$12.21M
Net income$74.87M-$41.65M$50.26M$56.57M$77.70M$38.33M$48.86M$39.53M$33.53M$31.93M
EPS, basic$3.65-$2.75$3.17$3.58$4.81$2.30$2.97$2.39$2.13$2.11
EPS, diluted$3.61-$2.75$3.15$3.56$4.78$2.30$2.96$2.39$2.13$2.10
Diluted shares20.3M15.7M15.5M15.5M15.9M16.1M16.0M16.0M15.1M14.5M

Balance sheet

Balance sheet
Line item
FY2025
Dec 31, 2025
FY2024
Dec 31, 2024
FY2023
Dec 31, 2023
FY2022
Dec 31, 2022
FY2021
Dec 31, 2021
FY2020
Dec 31, 2020
FY2019
Dec 31, 2019
FY2018
Dec 31, 2018
FY2017
Dec 31, 2017
FY2016
Dec 31, 2016
Cash and equivalents$108.75M$87.32M$124.44M-------
Goodwill$58.12M$58.12M$67.07M$67.07M$67.07M$66.06M$66.06M$66.06M$65.84M$66.42M
Total assets$6.27B$6.12B$6.16B$5.80B$5.52B$4.91B$4.38B$4.31B$4.11B$3.71B
Short-term debt$109.00M$99.00M$185.00M$205.00M$30.00M$5.30M$275.50M$469.50M$446.20M$331.50M
Total debt$193.65M$223.84M$309.53M$279.22M$103.91M$78.92M$314.77M$508.70M$485.33M$370.56M
Total liabilities$5.65B$5.55B$5.71B$5.39B$5.02B$4.44B$3.95B$3.92B$3.72B$3.39B
Shareholders' equity$628.85M$568.98M$454.80M$405.61M$505.14M$468.36M$438.95M$396.29M$381.18M$320.05M

Cash flow

Cash flow
Line item
FY2025
Dec 31, 2025
FY2024
Dec 31, 2024
FY2023
Dec 31, 2023
FY2022
Dec 31, 2022
FY2021
Dec 31, 2021
FY2020
Dec 31, 2020
FY2019
Dec 31, 2019
FY2018
Dec 31, 2018
FY2017
Dec 31, 2017
FY2016
Dec 31, 2016
Operating cash flow$18.80M$77.13M$10.89M$133.57M$72.96M$43.45M$57.71M$65.14M$46.28M$46.69M
Capital expenditures$5.55M$4.97M$2.99M$8.37M$9.40M$4.26M$3.64M$2.84M$7.74M$7.62M
Free cash flow$13.25M$72.15M$7.90M$125.20M$63.56M$39.19M$54.07M$62.30M$38.54M$39.08M
Investing cash flow-$140.04M-$8.23M-$310.09M-$325.16M-$633.42M-$531.07M-$24.73M-$225.41M-$372.61M-$326.68M
Financing cash flow$142.67M-$106.02M$293.17M$242.94M$545.69M$468.55M-$22.79M$163.83M$354.25M$291.14M
Dividends paid$24.72M$18.52M$18.29M$17.59M$16.99M$16.50M$15.80M$14.95M$12.50M$11.48M
Share repurchases$11.42M$426.0K$571.0K$15.34M$9.23M$209.0K$293.0K$113.0K$148.0K-
Stock-based compensation$3.08M$1.61M$1.67M$2.55M$1.74M$1.33M$1.41M$1.30M$1.17M$845.0K
Depreciation and amortization$7.88M$7.67M$8.09M$8.11M$8.05M$7.89M$8.21M$6.48M$6.18M$5.96M

Key ratios

Key ratios
Line item
FY2025
Dec 31, 2025
FY2024
Dec 31, 2024
FY2023
Dec 31, 2023
FY2022
Dec 31, 2022
FY2021
Dec 31, 2021
FY2020
Dec 31, 2020
FY2019
Dec 31, 2019
FY2018
Dec 31, 2018
FY2017
Dec 31, 2017
FY2016
Dec 31, 2016
Revenue growth, YoY109.5%-45.4%0.1%6.0%10.7%7.0%6.9%8.1%6.4%10.2%
Net income growth, YoY---11.2%-27.2%102.7%-21.6%23.6%17.9%5.0%12.7%
EPS growth, YoY---11.5%-25.5%107.8%-22.3%23.8%12.2%1.4%10.5%
Net margin30.6%-35.6%23.5%26.5%38.5%21.0%28.7%24.8%22.8%23.1%
Free cash flow margin5.4%61.7%3.7%58.6%31.5%21.5%31.8%39.1%26.2%28.2%
Return on equity11.9%-7.3%11.1%13.9%15.4%8.2%11.1%10.0%8.8%10.0%
Return on assets1.2%-0.7%0.8%1.0%1.4%0.8%1.1%0.9%0.8%0.9%
Debt to equity0.310.390.680.690.210.170.721.281.271.16

Source: XBRL data Financial Institutions Inc. files with the SEC, latest filing dated Aug 3, 2026 (see filings on SEC EDGAR). Provided for information only, not investment advice. Check the filing before relying on a number.

* Worked out from the filings rather than stated in them: Q4 is the full year less the first nine months.

Per-share figures are as filed. The filings show no stock split in these periods.

EPS growth is left out where the share count moved enough to suggest a split the filings do not show. Growth rates need a positive starting figure. CAGR is compound annual growth between fiscal years. The CSV holds every period on file, in full figures, from the same SEC filings.

FISI peers

CompanyRevenueGrowthNet incomeNet marginMarket cap
FISI$254.95M-$82.63M32.4%$778.6M
JPM$203.15B+13.2%$65.98B32.5%$895.84B
BAC$120.16B+5.4%$32.24B26.8%$343.35B
WFC$87.23B+5.4%$22.97B26.3%$254.56B
C$85.22B+5.6%$14.31B16.8%$198.69B
UBS$49.57B+2.0%$7.80B15.7%$151.35B
COF$63.01B+31.2%$10.87B17.2%$122.62B
MFG¥8.79T+7.6%¥1.16T13.2%$116.90B
BNSC$37.74B+12.1%C$7.79B20.6%$112.58B

FISI FAQ

8 questions
  • What is FISI revenue?
    Financial Institutions Inc. (FISI) reported $254.95M of revenue for the twelve months ended Jun 30, 2026. Revenue for fiscal 2025 was $244.94M.
  • Is FISI profitable?
    Yes. Financial Institutions Inc. earned $82.63M in net income for the twelve months ended Jun 30, 2026, a net margin of 32.4%.
  • How much cash and debt does FISI have?
    Financial Institutions Inc. reported $99.17M in cash and cash equivalents and $78.69M of debt on its most recent balance sheet in SEC filings.
  • How fast is FISI revenue growing?
    Financial Institutions Inc.'s revenue changed +109.5% in fiscal 2025, to $244.94M. Its compound annual growth rate was +6.1% over 5 years and +6.9% over 10 years.
  • What is FISI free cash flow?
    Financial Institutions Inc. generated $56.24M of free cash flow for the twelve months ended Jun 30, 2026, which is operating cash flow of $60.87M less capital expenditures.
  • What is FISI earnings per share?
    Diluted earnings per share were $4.03 for the twelve months ended Jun 30, 2026, from SEC filings, restated for any stock split those filings show.
  • When did FISI last report financial results?
    The latest statements here come from Financial Institutions Inc.'s 10-Q filed on Aug 3, 2026, covering the period ended Jun 30, 2026.
  • Where does this FISI financial data come from?
    Quantisnow builds these statements from the structured XBRL data Financial Institutions Inc. files with the SEC. It is provided for information only and is not investment advice.