Financial Institutions Inc (FISI) Financial Statements
Industry: National Commercial Banks
In fiscal 2025, Financial Institutions reported revenue of $244.9M, up 109.5% from $116.9M the year before. Net income was $74.9M (a 30.6% net margin), or $3.61 per diluted share. Net interest income was $200.0M, and the efficiency ratio (noninterest expense / revenue) was 58.0%. Operating activities generated $18.8M of cash, leaving $13.3M of free cash flow. At fiscal year end, Financial Institutions held $6.27B in total assets against $5.65B in total liabilities, including $108.8M of cash and equivalents.
Open the full interactive Financial Institutions financials → Quarterly statements, key ratios, valuation history and price charts.
Financial Institutions Key Stats
| Share Price | $38.80 |
|---|---|
| Market Cap | $773.7M |
| P/E Ratio | 10.7 |
| Revenue YoY Growth | +109.5% |
| 52-Week Range | $24.80 – $42.37 |
| Shares Outstanding | 19.7 million (basic, 2026 Q2) |
Financial Institutions Income Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Net Interest Income | $139.0M | $154.7M | $167.4M | $165.7M | $163.6M | $200.0M |
| Provision for Credit Losses | $27.2M | -$8.3M | $13.3M | $13.7M | $6.2M | $11.6M |
| Noninterest Income | $43.2M | $46.9M | $46.3M | $48.2M | -$46.7M | $45.0M |
| Noninterest Expense | $109.3M | $112.8M | $129.4M | $137.2M | $178.9M | $142.0M |
| Revenue | $182.2M | $201.6M | $213.6M | $214.0M | $116.9M | $244.9M |
| Pre-Tax Income | $45.7M | $97.2M | $71.0M | $63.1M | -$68.1M | $91.4M |
| Income Tax | $7.4M | $19.5M | $14.4M | $12.8M | -$26.5M | $16.5M |
| Net Income | $38.3M | $77.7M | $56.6M | $50.3M | -$41.6M | $74.9M |
| Diluted EPS | $2.30 | $4.78 | $3.56 | $3.15 | -$2.75 | $3.61 |
Financial Institutions Quarterly Results
| 2025 Q3 | 2025 Q4 | 2026 Q1 | 2026 Q2 | |
|---|---|---|---|---|
| Revenue | $63.8M | $64.1M | $62.7M | $64.3M |
| Net Income | $20.5M | $20.0M | $21.0M | $21.2M |
| Diluted EPS | $0.99 | $0.98 | $1.04 | $1.04 |
Financial Institutions Balance Sheet
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | — | — | — | — | $87.3M | $108.8M |
| Loans (Net) | $3.54B | $3.64B | $4.01B | $4.41B | — | — |
| Total Assets | $4.91B | $5.52B | $5.80B | $6.16B | $6.12B | $6.27B |
| Deposits | $4.28B | $4.83B | $4.93B | $5.21B | $5.10B | $5.21B |
| Total Long-Term Debt | $73.6M | $73.9M | $279.2M | $309.5M | $124.8M | $193.7M |
| Total Liabilities | $4.44B | $5.02B | $5.39B | $5.71B | $5.55B | $5.65B |
| Shareholders' Equity | $468.4M | $505.1M | $405.6M | $454.8M | $569.0M | $628.9M |
Financial Institutions Cash Flow Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash From Operations | $43.5M | $73.0M | $133.6M | $10.9M | $77.1M | $18.8M |
| Cash From Investing | -$531.1M | -$633.4M | -$325.2M | -$310.1M | -$8.2M | -$140.0M |
| Cash From Financing | $468.5M | $545.7M | $242.9M | $293.2M | -$106.0M | $142.7M |
| Free Cash Flow | $39.2M | $63.6M | $125.2M | $7.9M | $72.2M | $13.3M |
Figures from Financial Institutions' 10-K and 10-Q filings with the SEC, as of 2026-10-14. Fiscal years follow the company's own reporting calendar. EPS and share counts are adjusted for later stock splits. See the full Financial Institutions financials page for every line item.
Financial Institutions Company Profile
| Ticker | FISI |
|---|---|
| Exchange | Nasdaq, OTC |
| Industry | National Commercial Banks |
| Headquarters | Warsaw, New York |
| Incorporated in | New York |
| Fiscal Year End | December 31 |
| SEC Filer Category | Accelerated filer |
| SEC CIK | 0000862831 |
Frequently Asked Questions
What was Financial Institutions' revenue in fiscal 2025?
Financial Institutions (FISI) reported revenue of $244.9M for fiscal 2025.
What is Financial Institutions' annual revenue history?
Financial Institutions' annual revenue by fiscal year: 2020: $182.2M; 2021: $201.6M; 2022: $213.6M; 2023: $214.0M; 2024: $116.9M; 2025: $244.9M.
What was Financial Institutions' net income in fiscal 2025?
Financial Institutions reported net income of $74.9M for fiscal 2025.
What was Financial Institutions' earnings per share (EPS) in fiscal 2025?
Financial Institutions' diluted EPS was $3.61 for fiscal 2025 (adjusted for any later stock splits).
How much free cash flow did Financial Institutions generate in fiscal 2025?
Financial Institutions generated $13.3M of free cash flow in fiscal 2025.
What was Financial Institutions' revenue last quarter?
In its most recent reported quarter (2026 Q2), Financial Institutions reported revenue of $64.3M.
How much debt does Financial Institutions have?
Financial Institutions reported $193.7M of long-term debt, including the current portion, at the end of fiscal 2025.
How many shares of Financial Institutions are outstanding?
Financial Institutions reported a weighted average of 19.7 million basic shares outstanding in 2026 Q2.
What is Financial Institutions' market cap?
Based on its latest closing price, Financial Institutions (FISI) has a market capitalization of about $773.7M.
When does Financial Institutions' fiscal year end?
Financial Institutions' fiscal year end, as registered with the SEC, is December 31.
Where is Financial Institutions headquartered?
Financial Institutions lists its business address in Warsaw, New York in its SEC filings.