FISI
Financial Institutions Inc
NASDAQ: FISI · FINANCIAL SERVICES · BANKS - REGIONAL
$34.07
+0.12% today
Updated 2026-04-30
Market cap
$663.62M
P/E ratio
8.78
P/S ratio
2.77x
EPS (TTM)
$3.84
Dividend yield
3.66%
52W range
$24 – $36
Volume
0.1M
Financial Institutions Inc (FISI) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $124.98M | $125.89M | $118.39M | $117.94M | $115.96M | $119.04M | $121.55M | $122.91M | $127.63M | $135.28M | $150.69M | $164.73M | $188.01M | $208.83M | $204.37M | $212.03M | $241.09M | $48.24M | $264.17M | $377.94M |
| Revenue growth (YoY) | — | +0.7% | -6.0% | -0.4% | -1.7% | +2.7% | +2.1% | +1.1% | +3.8% | +6.0% | +11.4% | +9.3% | +14.1% | +11.1% | -2.1% | +3.7% | +13.7% | -80.0% | +447.6% | +43.1% |
| Cost of revenue | $41.76M | $47.26M | $40.17M | $29.92M | $24.41M | $21.04M | $16.18M | $16.42M | $15.07M | $17.52M | $22.18M | $30.86M | $38.80M | $46.93M | $49.50M | $4.14M | $42.84M | $283.00M | $176.13M | $144.63M |
| Gross profit | $83.22M | $78.75M | $78.22M | $88.02M | $91.56M | $98.01M | $105.37M | $106.49M | $112.56M | $117.76M | $128.51M | $133.87M | $149.21M | $161.90M | $154.87M | $207.89M | $198.25M | $48.24M | $88.03M | $233.31M |
| Gross margin | 66.6% | 62.6% | 66.1% | 74.6% | 79.0% | 82.3% | 86.7% | 86.6% | 88.2% | 87.1% | 85.3% | 81.3% | 79.4% | 77.5% | 75.8% | 98.0% | 82.2% | 100.0% | 33.3% | 61.7% |
| R&D | — | — | — | — | — | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | — | — | — | — | — | — | — |
| SG&A | $33.56M | $37.25M | $36.34M | $41.47M | $35.35M | $37.26M | $47.20M | $44.48M | $45.26M | $50.58M | $53.45M | $57.43M | $68.22M | $69.35M | $63.55M | $65.29M | $74.02M | $80.46M | $73.34M | $88.30M |
| Operating income | $23.61M | $21.21M | $-47.46M | $20.58M | $30.64M | $34.21M | $34.77M | $37.91M | $38.98M | $38.88M | $44.14M | $43.47M | $49.53M | $59.42M | $45.72M | $97.22M | $70.97M | $63.05M | $-68.15M | $91.35M |
| Operating margin | 18.9% | 16.8% | -40.1% | 17.4% | 26.4% | 28.7% | 28.6% | 30.8% | 30.5% | 28.7% | 29.3% | 26.4% | 26.3% | 28.5% | 22.4% | 45.9% | 29.4% | 130.7% | -25.8% | 24.2% |
| EBITDA | $29.24M | $25.20M | $-43.50M | $24.65M | $34.18M | $37.68M | $38.56M | $42.09M | $43.56M | $44.30M | $50.10M | $49.65M | $56.01M | $67.63M | $53.62M | $105.27M | $79.08M | $63.05M | $-60.47M | $91.35M |
| EBITDA margin | 23.4% | 20.0% | -36.7% | 20.9% | 29.5% | 31.7% | 31.7% | 34.2% | 34.1% | 32.8% | 33.2% | 30.1% | 29.8% | 32.4% | 26.2% | 49.6% | 32.8% | 130.7% | -22.9% | 24.2% |
| EBIT | $23.61M | $21.21M | $-47.46M | $20.58M | $30.64M | $34.21M | $34.73M | $37.91M | $38.98M | $38.88M | $44.14M | $43.47M | $49.53M | $59.42M | $45.72M | $97.22M | $70.97M | $63.05M | $-68.15M | — |
| Interest expense | $43.60M | $47.14M | $33.62M | $22.22M | $17.72M | $13.26M | $9.05M | $7.34M | $7.28M | $10.14M | $12.54M | $17.50M | $29.87M | $38.89M | $22.31M | $12.47M | $28.73M | $120.42M | $149.64M | $133.00M |
| Income tax | $6.25M | $4.80M | $-21.30M | $6.14M | $9.35M | $11.41M | $11.32M | $12.38M | $9.63M | $10.54M | $12.21M | $9.95M | $10.01M | $10.56M | $7.39M | $19.52M | $14.40M | $12.79M | $-26.50M | $16.49M |
| Effective tax rate | 26.5% | 22.6% | 44.9% | 29.8% | 30.5% | 33.4% | 32.6% | 32.7% | 24.7% | 27.1% | 27.7% | 22.9% | 20.2% | 17.8% | 16.2% | 20.1% | 20.3% | 20.3% | 38.9% | 18.0% |
| Net income | $17.36M | $16.41M | $-26.16M | $14.44M | $21.29M | $22.80M | $23.45M | $25.53M | $29.36M | $28.34M | $31.93M | $33.53M | $39.53M | $48.86M | $38.33M | $77.70M | $56.57M | $50.26M | $-41.65M | $74.87M |
| Net income growth (YoY) | — | -5.5% | -259.4% | +155.2% | +47.4% | +7.1% | +2.9% | +8.9% | +15.0% | -3.5% | +12.7% | +5.0% | +17.9% | +23.6% | -21.6% | +102.7% | -27.2% | -11.2% | -182.9% | +279.8% |
| Profit margin | 13.9% | 13.0% | -22.1% | 12.2% | 18.4% | 19.2% | 19.3% | 20.8% | 23.0% | 20.9% | 21.2% | 20.4% | 21.0% | 23.4% | 18.8% | 36.6% | 23.5% | 104.2% | -15.8% | 19.8% |