Financial Institutions, Inc. (FISI)

Financial Institutions Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Interest Income on Loans	295.43	282.2	258.58	170.82	147.9	143.52
Interest Income on Investments	31.03	31.03	27.55	25.29	19.31	17.78
Total Interest Income	326.46	313.23	286.13	196.11	167.21	161.3
Interest Paid on Deposits	127.42	140.01	107.36	22.99	8.12	17.82
Interest Paid on Borrowings	9.63	9.63	13.06	5.74	4.36	4.49
Total Interest Expense	137.05	149.64	120.42	28.74	12.48	22.31
Net Interest Income	189.41	163.59	165.72	167.37	154.73	138.99
Net Interest Income Growth (YoY)	17.03%	-1.28%	-0.99%	8.17%	11.33%	6.98%
Gain (Loss) on Sale of Assets	-0.3	13.61	-0.01	-0.02	0.44	-0.06
Gain (Loss) on Sale of Investments	-101.52	-100.83	-3.83	-0.83	-0.36	1.32
Gain (Loss) on Sale of Equity Investments	1.78	2.38	1.78	1.29	2.08	0.1
Other Non-Interest Income	36.97	33.3	45.1	38.71	36.22	33.14
Total Non-Interest Income	-57.99	-46.68	48.24	46.27	46.91	43.18
Non-Interest Income Growth (YoY)	-	-	4.26%	-1.35%	8.64%	6.92%
Revenues Before Loan Losses	131.42	116.91	213.96	213.64	201.64	182.16
Provision for Loan Losses	14.68	6.15	13.68	13.31	-8.34	27.18
Revenue	116.74	110.76	200.28	200.33	209.97	154.98
Revenue Growth (YoY)	-46.11%	-44.70%	-0.03%	-4.59%	35.49%	-4.48%
Salaries and Employee Benefits	69.41	64.89	70.54	67.4	59.43	57.99
Occupancy Expenses	11.77	10.96	11.42	11.81	11.14	10.62
Federal Deposit Insurance	5.64	5.28	4.9	2.44	2.62	2.24
Amortization of Goodwill & Intangibles	0.42	0.55	0.91	0.99	1.06	1.13
Selling, General & Administrative	38.74	38.54	33.9	32.71	28.81	26.7
Other Non-Interest Expense	15.16	35.25	15.12	12.08	9.29	8.61
Total Non-Interest Expense	141.52	155.85	137.11	127.74	112.64	107.52
EBT Excluding Unusual Items	-24.79	-45.09	63.17	72.59	97.33	47.46
Legal Settlements	-23.02	-23.02	-	-	-	-
Pretax Income	-47.91	-68.15	63.05	70.97	97.22	45.72
Income Tax Expense	-19.99	-26.5	12.79	14.4	19.53	7.39
Net Income	-27.92	-41.65	50.26	56.57	77.7	38.33
Preferred Dividends & Other Adjustments	1.46	1.46	1.46	1.46	1.46	1.46
Net Income to Common	-29.38	-43.11	48.81	55.11	76.24	36.87
Net Income Growth	-	-	-11.15%	-27.19%	102.70%	-21.55%
Basic Shares Outstanding	19	16	15	15	16	16
Diluted Shares Outstanding	19	16	15	15	16	16
Shares Change (YoY)	23.12%	1.34%	0.03%	-2.92%	-0.78%	0.20%
EPS (Basic)	-1.53	-2.75	3.17	3.58	4.81	2.30
EPS (Diluted)	-1.53	-2.75	3.15	3.56	4.78	2.30
EPS Growth	-	-	-11.52%	-25.52%	107.83%	-22.30%
Dividend Per Share	1.230	1.200	1.200	1.160	1.080	1.040
Dividend Growth	2.50%	-	3.45%	7.41%	3.85%	4.00%
Effective Tax Rate	-	-	20.28%	20.29%	20.08%	16.16%

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Banks template. Financial Sources.

SEC Filings: 10-K · 10-Q