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Financial Institutions Inc   (FISI)
Other Ticker:  
 
    Sector  Financial    Industry Commercial Banks
   Industry Commercial Banks
   Sector  Financial
 

FISI's Operating Income Growth by Quarter and Year

Financial Institutions Inc 's Operating Income results by quarter and year




FISI Operating Income (in millions $) FY 2023 FY 2022 FY 2021 FY 2020
IV Quarter December - 14.46 23.84 15.49
III Quarter September 16.46 18.58 21.73 15.21
II Quarter June 16.79 19.51 25.60 13.57
I Quarter March 14.86 18.43 26.06 1.45
FY   48.11 70.98 97.23 45.72



FISI Operating Income third quarter 2023 Y/Y Growth Comment
Financial Institutions Inc reported fall in Operating Income in the third quarter 2023 by -11.4% to $ 16.46 millions, from the same quarter in 2022.
The decline in the third quarter 2023 Financial Institutions Inc 's Operating Income compares unfavorably to the Company's average Operating Income increase of 10.5%.

Looking into third quarter 2023 results within Commercial Banks industry 26 other companies have achieved higher Operating Income growth. While Financial Institutions Inc ' s Operating Income decrease of -11.4% ranks overall at the positon no. 901 in the third quarter 2023.

Explain Operating Income growth


FISI Operating Income ( Y/Y Growth %) 2023
2022 2021 2020
IV Quarter December - -39.35 % 53.91 % 15.42 %
III Quarter September -11.4 % -14.5 % 42.87 % -11.1 %
II Quarter June -13.94 % -23.79 % 88.65 % -5.37 %
I Quarter March -19.37 % -29.28 % 1697.24 % -90.03 %
FY   - -27 % 112.66 % -23.06 %

Financial Statements
Financial Institutions Inc 's third quarter 2023 Operating Income $ 16.46 millions FISI's Income Statement
Financial Institutions Inc 's third quarter 2022 Operating Income $ 18.58 millions Quarterly FISI's Income Statement
New: More FISI's historic Operating Income Growth >>


FISI Operating Income (Quarter on Quarter Growth %)

2023
2022 2021 2020
IV Quarter December - -22.17 % 9.71 % 1.84 %
III Quarter September -1.95 % -4.77 % -15.12 % 12.09 %
II Quarter June 12.99 % 5.86 % -1.77 % 835.86 %
I Quarter March 2.77 % -22.69 % 68.24 % -89.2 %
FY (Year on Year)   - -27 % 112.66 % -23.06 %




Operating Income third quarter 2023 Y/Y Growth Company Ranking
Within: No.
Commercial Banks Industry #27
Financial Sector #272
Overall #901

Operating Income Y/Y Growth Statistics
High Average Low
112.63 % 10.5 % -27 %
(Dec 31 2021)   (Dec 31 2022)
Operating Income third quarter 2023 Y/Y Growth Company Ranking
Within: No.
Commercial Banks Industry #27
Financial Sector #272
Overall #901
Operating Income Y/Y Growth Statistics
High Average Low
112.63 % 10.5 % -27 %
(Dec 31 2021)   (Dec 31 2022)

Operating Income by Quarter for the Fiscal Years 2020, 2021, 2022, 2023

Financial Institutions Inc 's Q/Q Operating Income Growth


Operating Income Q/Q Growth Statistics
High Average Low
836.71 % 34.58 % -100 %
(Jun 30 2020)  


FISI's III. Quarter Q/Q Operating Income Comment
In the III. Quarter 2023 Financial Institutions Inc reported decrease in Operating Income from the second quarter by -1.95% to $ 16.46 millions, from $ 16.79 millions declared in the previous reporting period.

When you look into recent shortcoming in the III. Quarter 2023, you suppose to assume, that usually III. Quarter performance occur weaker then in the preciding period

Within Commercial Banks industry 23 other companies have achieved higher Operating Income quarter on quarter growth. While Financial Institutions Inc 's Operating Income growth quarter on quarter, overall rank is 934.


Operating Income Q/Q Growth Company Ranking
Within: No.
Commercial Banks Industry #24
Financial Sector #284
Overall #934
Operating Income Q/Q Growth Company Ranking
Within: No.
Commercial Banks Industry #24
Financial Sector #284
Overall #934
Operating Income Q/Q Growth Statistics
High Average Low
836.71 % 34.58 % -100 %
(Jun 30 2020)  


FISI's III. Quarter Q/Q Operating Income Comment
In the III. Quarter 2023 Financial Institutions Inc disclosed decrease in Operating Income sequentially by -1.95% to $ 16.46 millions, from $ 16.79 millions achived a quarter before.

When you analyse recent downturn in the quarter, you suppose to take into consideration, that frequently III. Quarter Operating Income emerge sluggish relative to the preciding period

Within Commercial Banks industry 23 other companies have achieved higher Operating Income quarter on quarter growth. While Financial Institutions Inc 's Operating Income growth quarter on quarter, overall rank is 934.


Financial Institutions Inc 's 12 Months Operating Income Growth Year on Year


Operating Income TTM Growth

12 Months Ending
(Sep 30 2023)
12 Months Ending
(Jun 30 2023)
12 Months Ending
(Mar 31 2023)
12 Months Ending
(Dec 31 2022)
12 Months Ending
(Sep 30 2022)
Cumulative Operating Income 12 Months Ending $ 62.58 $ 64.69 $ 67.41 $ 70.97 $ 80.35
Y / Y Operating Income Growth (TTM) -22.12 % -22.52 % -24.76 % -27 % -9.59 %
Year on Year Operating Income Growth Overall Ranking # 1009 # 995 # 619 # 225 # 1205
Seqeuential Operating Income Change (TTM) -3.27 % -4.03 % -5.02 % -11.67 % -3.77 %
Seq. Operating Income Growth (TTM) Overall Ranking # 901 # 1160 # 1259 # 1077 # 1387




Cumulative Operating Income growth Comment
Financial Institutions Inc showed decline, but improvement compare to trailing twelve month Operating Income decrease in Jun 30 2023. If the fiscal year would end in Sep 30 2023, Financial Institutions Inc 's annual Operating Income decline would be -22.12% year on year to $63 millions.

In the Financial sector 306 other companies have achieved higher trailing twelve month Operating Income growth. While Operating Income growth total ranking has deteriorated compare to previous quarter from 995 to 1009.

Operating Income TTM Q/Q Growth Statistics
High Average Low
112.63 %
10.5 %
-27 %
 

Operating Income TTM Y/Y Growth Company Ranking
Within: No.
Commercial Banks Industry # 27
Financial Sector # 307
Overall # 1009

Operating Income TTM Y/Y Growth Statistics
High Average Low
112.63 %
10.5 %
-27 %
 


Operating Income TTM Q/Q Growth Company Ranking
Within: No.
Industry # 27
Sector # 272
S&P 500 # 901
Cumulative Operating Income growth Comment
Financial Institutions Inc showed decline, but improvement compare to trailing twelve month Operating Income decrease in Jun 30 2023. If the fiscal year would end in Sep 30 2023, Financial Institutions Inc 's annual Operating Income drop would be -22.12% year on year to $63 millions.

In the Financial sector 306 other companies have achieved higher trailing twelve month Operating Income growth. While Operating Income growth total ranking has deteriorated compare to previous quarter from 995 to 1009.

Operating Income TTM Q/Q Growth Statistics
High Average Low
112.63 %
10.5 %
-27 %
 


Operating Income TTM Y/Y Growth Company Ranking
Within: No.
Commercial Banks Industry # 27
Financial Sector # 307
Overall # 1009

Operating Income TTM Y/Y Growth Statistics
High Average Low
112.63 %
10.5 %
-27 %
 


Operating Income TTM Q/Q Growth Company Ranking
Within: No.
Industry # 27
Sector # 272
S&P 500 # 901




Other Operating Income Growth
Commercial Banks Industry Operating Income Growth Trends and Statistics
Financial Sector Operating Income Growth Statistics
Operating Income Growth Trends for overall market
FISI's Operating Income Growth Ratio versus Commercial Banks Industry, Financial Sector and total Market
Highest Ranking Operating Income Growth
Lowest Ranking Operating Income Growth
Operating Income Growth for FISI's Competitors
Operating Income Growth for Financial Institutions Inc 's Suppliers
Operating Income Growth for FISI's Customers

You may also want to know
FISI's Annual Growth Rates FISI's Profitability Ratios FISI's Asset Turnover Ratio FISI's Dividend Growth
FISI's Roe FISI's Valuation Ratios FISI's Financial Strength Ratios FISI's Dividend Payout Ratio
FISI's Roa FISI's Inventory Turnover Ratio FISI's Growth Rates FISI's Dividend Comparisons



Companies with similar Operating Income drop for the quarter ending Sep 30 2023 within Financial SectorY/Y Change %Operating Income for the quarter ending Sep 30 2023
Citizens Financial Services Inc -0.57%$ -0.565 millions
Bar Harbor Bankshares-0.58%$ -0.577 millions
Franklin Bsp Realty Trust Inc -0.72%$ -0.718 millions
Euronet Worldwide Inc -0.87%$ -0.865 millions
Vornado Realty Trust-1.16%$ -1.158 millions
Crossfirst Bankshares inc -1.22%$ -1.222 millions
Atlanticus Holdings Corp-1.33%$ -1.330 millions
Brixmor Property Group Inc -1.43%$ -1.430 millions
California Bancorp-1.57%$ -1.571 millions
Onemain Holdings Inc -1.60%$ -1.600 millions
Unity Bancorp inc -1.66%$ -1.658 millions
Bank7 Corp -1.92%$ -1.922 millions
Wsfs Financial Corporation-1.96%$ -1.961 millions
First Capital Inc-2.21%$ -2.212 millions
Gladstone Land Corp-2.54%$ -2.541 millions
Peakstone Realty Trust-2.63%$ -2.627 millions
Kimco Realty Corporation-2.63%$ -2.631 millions
Amerisafe Inc -3.00%$ -3.002 millions
Community Healthcare Trust inc-3.01%$ -3.006 millions
Commerce Bancshares Inc -3.11%$ -3.109 millions
American International Group Inc -3.37%$ -3.370 millions
Connectone Bancorp Inc -3.42%$ -3.420 millions
Hannon Armstrong Sustainableinfrastructure Capital-3.57%$ -3.573 millions
Prologis Inc -3.59%$ -3.592 millions
Live Oak Bancshares Inc -3.68%$ -3.679 millions
Consumers Bancorp Inc-3.69%$ -3.685 millions
Enact Holdings Inc -3.71%$ -3.714 millions
Morgan Stanley-4.21%$ -4.207 millions
Southern States Bancshares Inc -4.27%$ -4.271 millions
Bank Of Hawaii Corporation-4.35%$ -4.351 millions




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