NASDAQ$FISI

Financial Institutions Inc · Q2 2024 earnings

Q2 2024 earnings · · Investor relations

Briefing

FISI Q2 2024 — n/d revenue, 2.00 EPS

The results of operations for any interim periods are not necessarily indicative of the results which may be expected for the entire year or any other period. Financial Institutions Inc reported Q2 2024 results. Diluted EPS came in at $2.00. Net income of $25.3M. Headline numbers extracted from the Form 10-Q press release; narrative is light because this row was processed without an LLM call.

  • Diluted EPS: $2.00.
  • Net income: $25.3M.
  • Filed on Form 10-Q (accession 0000950170-24-090729).

Headline financials

Total Revenue

$65.2M

Previous: $53.8M+21.2%
EPS

$1.62

Previous: $0.91+78.0%
Capital Expenditures

-$2.13M

Previous: -$1.23M-72.5%
Free Cash Flow

$45.8M

Previous: $13.6M+237.5%
Net Income

$25.6M

Previous: $14.4M+78.3%
Operating Income

$43M

Previous: $10.1M+326.7%
Gross Profit

$65.2M

Previous: $53.8M+21.2%
Cash & Equivalents

$146M

Previous: $180M-18.8%
Total Assets

$6.13B

Previous: $6.14B-0.2%
Stock-Based Comp

$746K

Previous: $657K+13.5%

Revenue & EPS history

Financial Institutions · Revenue · Quarterly

$65.2M

Q2 2024+21.2%vs Q2 2023
Beat estimate in 10 of 14 quarters(71%)
ActualEstimate

Revenue by segment

Financial Institutions · $10.2M total across 9 segments · Q3 2023

  • Investment Advisory
    $2.54M-6.5%
  • Card Interchange
    $2.09M
  • Insurance Income
    $1.68M+6.8%
  • Other
    $1.41M
  • Deposit Fees
    $1.21M
  • COLI Income
    $1.03M
  • Limited Partnerships
    $391K
  • Loan Servicing
    $135K
  • Tax Credit Loss
    -$333K

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q2 2024

Historical avgQ2 2024

+0.8%

Avg return

Earnings day

+2.4%

Avg return

5 days after

+2.7%

Avg return

30 days after

64%

42 / 66 earnings

Positive

+12.3%

Q3 2020

Best reaction

-15.4%

Q1 2020

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+1.5%-0.4%+3.5%
Q4 2025+0.2%+5.6%-4.7%
Q3 2025+9.4%+9.2%+11.3%
Q2 2025-2.3%-1.7%+2.5%
Q1 2025+5.8%+8.9%+6.9%
Q4 2024-2.9%+0.4%-15.2%
Q3 2024-6.2%-4.4%+8.9%
Q2 2024+8.6%+16.1%+9.2%
Q1 2024-1.0%-3.1%+1.2%
Q4 2023-6.7%-5.2%-18.3%
Q3 2023+0.0%+1.9%+14.9%
Q2 2023+9.4%+5.7%-2.4%
Q1 2023+0.4%-0.3%-4.4%
Q4 2022+2.3%+6.0%+3.5%
Q3 2022-1.0%-7.7%-3.0%
Q2 2022-0.5%-2.1%-0.7%
Q1 2022-1.1%-2.2%-2.0%
Q4 2021+1.9%+1.7%+0.5%
Q3 2021+2.4%+3.4%-0.3%
Q2 2021+0.7%+4.1%+10.1%
Q1 2021+5.4%+9.9%+8.2%
Q4 2020+1.2%+10.7%+21.0%
Q3 2020+12.3%+19.1%+32.1%
Q2 2020+4.5%+6.3%+17.3%
Q1 2020-15.4%-18.6%-14.2%
Q4 2019+2.4%+1.8%-10.6%
Q3 2019+3.1%+3.3%+5.8%
Q2 2019+4.2%+3.0%-1.4%
Q1 2019+0.6%+2.9%-3.5%
Q4 2018+0.4%+1.4%+11.1%
Q3 2018+4.1%+8.1%+9.6%
Q2 2018-0.9%-2.9%+0.3%
Q1 2018+0.3%+0.2%+2.5%
Q4 2017+2.3%+3.4%-0.2%
Q3 2017+4.2%+9.5%+6.8%
Q2 2017-2.6%-2.8%-9.4%
Q1 2017-1.9%-3.2%-10.0%
Q4 2016+3.2%+5.3%+8.3%
Q3 2016+2.4%+2.9%+16.1%
Q2 2016+0.3%-0.1%-1.7%
Q1 2016+3.0%
Q4 2015+0.4%
Q3 2015+2.4%
Q2 2015-0.8%
Q1 2015+2.7%
Q4 2014-1.4%
Q3 2014-0.9%
Q2 2014-3.8%
Q1 2014-0.5%
Q4 2013+1.1%
Q3 2013+3.8%
Q2 2013+0.3%
Q1 2013-2.3%
Q4 2012-0.2%
Q3 2012-2.8%
Q2 2012+0.9%
Q1 2011+0.6%
Q1 2012+4.3%
Q4 2010+1.7%
Q4 2009+1.7%
Q4 2011+1.7%
Q3 2010-4.4%
Q3 2011-4.4%
Q2 2011+1.6%
Q2 2010+1.6%
Q1 2010-1.9%

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