Financial Institutions (FISI) financial statements
Financial Institutions reported revenue of $245M in fiscal 2025, up 6.5% a year over 9 years.
Net income was $75M.
Free cash flow was $13M, and the company returned $25M in dividends and $11M in net buybacks.
The diluted share count rose 40% over the period (dilution).
Revenue and free cash flow
Fiscal years, $ billions.
Income statement
Fiscal years, from Financial Institutions's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $138M | $147M | $159M | $170M | $182M | $202M | $214M | $214M | $117M | $245M |
| Interest expense | $13M | $17M | $30M | $39M | $22M | $12M | $29M | $120M | — | — |
| Pre-tax income | $44M | $43M | $50M | $59M | $46M | $97M | $71M | $63M | -$68M | $91M |
| Income tax | $12M | $10M | $10M | $11M | $7M | $20M | $14M | $13M | -$27M | $16M |
| Net income | $32M | $34M | $40M | $49M | $38M | $78M | $57M | $50M | -$42M | $75M |
| EPS (diluted) | $2.10 | $2.13 | $2.39 | $2.96 | $2.30 | $4.78 | $3.56 | $3.15 | -$2.75 | $3.61 |
| Diluted shares | 14M | 15M | 16M | 16M | 16M | 16M | 15M | 15M | 16M | 20M |
| Net margin | 23.1% | 22.8% | 24.8% | 28.7% | 21.0% | 38.5% | 26.5% | 23.5% | -35.6% | 30.6% |
Balance sheet
Fiscal years, from Financial Institutions's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and short-term investments | — | — | — | — | — | — | — | $124M | $87M | $109M |
| Property, plant and equipment | $42M | $45M | $43M | $41M | $41M | $40M | $42M | $40M | $40M | $40M |
| Goodwill | $66M | $66M | $66M | $66M | $66M | $67M | $67M | $67M | $58M | $58M |
| Total assets | $3.7B | $4.1B | $4.3B | $4.4B | $4.9B | $5.5B | $5.8B | $6.2B | $6.1B | $6.3B |
| Total liabilities | $3.4B | $3.7B | $3.9B | $3.9B | $4.4B | $5.0B | $5.4B | $5.7B | $5.5B | $5.6B |
| Shareholders' equity | $320M | $381M | $396M | $439M | $468M | $505M | $406M | $455M | $569M | $629M |
| Net debt | — | — | — | — | — | — | — | -$124M | -$87M | -$109M |
Cash flow
Fiscal years, from Financial Institutions's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $47M | $46M | $65M | $58M | $43M | $73M | $134M | $11M | $77M | $19M |
| Capital spending | $8M | $8M | $3M | $4M | $4M | $9M | $8M | $3M | $5M | $6M |
| Free cash flow | $39M | $39M | $62M | $54M | $39M | $64M | $125M | $8M | $72M | $13M |
| Stock-based compensation | $845,000 | $1M | $1M | $1M | $1M | $2M | $3M | $2M | $2M | $3M |
| Dividends paid | $11M | $12M | $15M | $16M | $16M | $17M | $18M | $18M | $19M | $25M |
| Share buybacks (net) | — | -$148,000 | -$113,000 | -$293,000 | -$209,000 | -$9M | -$15M | -$571,000 | -$426,000 | -$11M |
| Net borrowing | $38M | $115M | $23M | -$194M | -$235M | $25M | $175M | $30M | -$86M | $70M |
| Free cash flow margin | 28.2% | 26.2% | 39.1% | 31.8% | 21.5% | 31.5% | 58.6% | 3.7% | 61.7% | 5.4% |
| Dividends per share | $0.79 | $0.83 | $0.94 | $0.99 | $1.03 | $1.07 | $1.14 | $1.18 | $1.18 | $1.22 |
Questions
What was Financial Institutions's revenue in 2025?
$245M in fiscal 2025, from its 10-K filing.
How much free cash flow does Financial Institutions generate?
$13M in fiscal 2025 (operating cash flow minus capital spending).
From Financial Institutions's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.