Financial Institutions, Inc. (FISI)

Income Statement (Annual)

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

Year	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012 - 1996
Revenue	200.33	209.97	154.98	162.25	150.41	133.98	128.81	118.27	111.34	107.35	Upgrade
Revenue Growth (YoY)	-4.59%	35.49%	-4.48%	7.87%	12.26%	4.02%	8.91%	6.23%	3.71%	1.11%	Upgrade
Gross Profit	200.33	209.97	154.98	162.25	150.41	133.98	128.81	118.27	111.34	107.35	Upgrade
Selling, General & Admin	111.92	99.38	95.55	90.9	86.63	78.16	74.12	68.38	62.23	60.12	Upgrade
Other Operating Expenses	17.44	13.37	13.71	11.93	14.25	12.35	10.55	11.01	10.13	9.33	Upgrade
Operating Expenses	129.36	112.75	109.25	102.83	100.88	90.51	84.67	79.39	72.36	69.44	Upgrade
Operating Income	70.97	97.22	45.72	59.42	49.53	43.47	44.14	38.88	38.98	37.91	Upgrade
Pretax Income	70.97	97.22	45.72	59.42	49.53	43.47	44.14	38.88	38.98	37.91	Upgrade
Income Tax	14.4	19.53	7.39	10.56	10.01	9.95	12.21	10.54	9.63	12.38	Upgrade
Net Income	56.57	77.7	38.33	48.86	39.53	33.53	31.93	28.34	29.36	25.53	Upgrade
Preferred Dividends	1.46	1.46	1.46	1.46	1.46	1.46	1.46	1.46	1.46	1.47	Upgrade
Net Income Common	55.11	76.24	36.87	47.4	38.07	32.06	30.47	26.88	27.89	24.06	Upgrade
Net Income Growth	-27.71%	106.77%	-22.21%	24.53%	18.72%	5.23%	13.37%	-3.65%	15.91%	9.51%	Upgrade
Shares Outstanding (Basic)	15	16	16	16	16	15	14	14	14	14	Upgrade
Shares Outstanding (Diluted)	15	16	16	16	16	15	14	14	14	14	Upgrade
Shares Change	-2.92%	-0.78%	0.20%	0.47%	5.77%	4.10%	2.52%	1.36%	1.18%	0.24%	Upgrade
EPS (Basic)	3.58	4.81	2.30	2.97	2.39	2.13	2.11	1.91	2.01	1.75	Upgrade
EPS (Diluted)	3.56	4.78	2.30	2.96	2.39	2.13	2.10	1.90	2.00	1.75	Upgrade
EPS Growth	-25.52%	107.83%	-22.30%	23.85%	12.21%	1.43%	10.53%	-5.00%	14.29%	9.38%	Upgrade
Free Cash Flow	125.2	63.56	39.19	54.07	62.3	38.54	39.08	35.6	29.9	33.79	Upgrade
Free Cash Flow Per Share	8.14	4.01	2.45	3.38	3.92	2.56	2.71	2.53	2.15	2.46	Upgrade
Dividend Per Share	1.160	1.080	1.040	1.000	0.960	0.850	0.810	0.800	0.770	0.740	Upgrade
Dividend Growth	7.41%	3.85%	4.00%	4.17%	12.94%	4.94%	1.25%	3.90%	4.05%	29.82%	Upgrade
Gross Margin	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	Upgrade
Operating Margin	35.43%	46.30%	29.50%	36.62%	32.93%	32.44%	34.27%	32.87%	35.01%	35.31%	Upgrade
Profit Margin	27.51%	36.31%	23.79%	29.21%	25.31%	23.93%	23.65%	22.72%	25.05%	22.42%	Upgrade
Free Cash Flow Margin	62.50%	30.27%	25.29%	33.33%	41.42%	28.76%	30.33%	30.10%	26.85%	31.47%	Upgrade
Effective Tax Rate	20.29%	20.08%	16.16%	17.77%	20.20%	22.88%	27.66%	27.11%	24.69%	32.65%	Upgrade
EBITDA	84.05	110.76	57.09	69.7	58.47	52.95	53.29	47.46	46.8	46.62	Upgrade
EBITDA Margin	41.96%	52.75%	36.84%	42.96%	38.87%	39.52%	41.37%	40.12%	42.04%	43.43%	Upgrade
Depreciation & Amortization	13.08	13.54	11.37	10.28	8.93	9.48	9.15	8.58	7.82	8.71	Upgrade
EBIT	70.97	97.22	45.72	59.42	49.53	43.47	44.14	38.88	38.98	37.91	Upgrade
EBIT Margin	35.43%	46.30%	29.50%	36.62%	32.93%	32.44%	34.27%	32.87%	35.01%	35.31%	Upgrade

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).