Financial Institutions
Income Statement

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Income statement is a financial statement that shows how profitable a business was over a given reporting period presenting its revenue, expenses or net income. Financial Institutions's past years’ income statements indicate that its last revenue has decreased compared to the previous period by 6% to $200,278,000. Profit margin reached 25%. Total operating expenses were $116,183,000.

Profit Margin

Financial Institutions, Inc. (NASDAQ:FISI): Profit margin
2014 120.34M 29.35M 24.39%
2015 125.14M 28.33M 22.64%
2016 138.15M 31.93M 23.11%
2017 147.23M 33.52M 22.77%
2018 158.13M 39.52M 24.99%
2019 169.94M 48.86M 28.75%
2020 182.05M 38.33M 21.05%
2021 199.55M 77.69M 38.94%
2022 212.35M 56.57M 26.64%
2023 200.27M 50.26M 25.1%

FISI Income Statement (2014 – 2023)

2023 2022 2021 2020 2019 2018 2017 2016 2015 2014
Revenue
Revenue
200.27M212.35M199.55M182.05M169.94M158.13M147.23M138.15M125.14M120.34M
Cost of revenue
0000000000
Gross profit
200.27M212.35M199.55M182.05M169.94M158.13M147.23M138.15M125.14M120.34M
Operating exp.
Research and development
0000000000
Selling and marketing
1.92M2.01M1.70M2.60M3.57M3.58M2.17M1.69M1.12M805K
Total operating expenses
116.18M2.01M-102.33M-136.33M-110.52M-78.73M2.17M1.69M1.12M805K
Operating income
61.38M106.83M97.22M45.72M59.42M79.4M65.97M56.68M49.01M46.26M
Other income (expenses), net
1.66M-35.86M97.22M-13.72M59.42M-29.86M-10.90M-12.54M-9.67M-9.92M
Income before tax
63.05M70.97M97.22M45.72M59.42M49.53M43.47M44.14M38.87M38.98M
Income tax expense
12.78M14.39M19.52M7.39M10.55M10.00M9.94M12.21M10.53M9.62M
Net income
50.26M56.57M77.69M38.33M48.86M39.52M33.52M31.93M28.33M29.35M
Earnings per share
Basic EPS
3.173.584.812.32.972.482.132.111.912.01
Diluted EPS
3.153.564.782.32.962.482.132.11.92
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