Pulling SEC filings + quote and writing the call…
| Fiscal year | FY2016 | FY2017 | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Net income | $31.9M | $33.5M | $39.5M | $48.9M | $38.3M | $77.7M | $56.6M | $50.3M | -$41.6M | $74.9M |
| EPS (diluted) | $2.10 | $2.13 | $2.39 | $2.96 | $2.30 | $4.78 | $3.56 | $3.15 | -$2.75 | $3.61 |
| Fiscal year | FY2016 | FY2017 | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $46.7M | $46.3M | $65.1M | $57.7M | $43.5M | $73.0M | $134M | $10.9M | $77.1M | $18.8M |
| Capital expenditures | $7.62M | $7.74M | $2.84M | $3.64M | $4.26M | $9.40M | $8.37M | $2.99M | $4.97M | $5.55M |
| Free cash flow | $39.1M | $38.5M | $62.3M | $54.1M | $39.2M | $63.6M | $125M | $7.90M | $72.2M | $13.3M |
| Share buybacks | — | $148K | $113K | $293K | $209K | $9.23M | $15.3M | $571K | $426K | $11.4M |
| Dividends paid | $11.5M | $12.5M | $14.9M | $15.8M | $16.5M | $17.0M | $17.6M | $18.3M | $18.5M | $24.7M |
| Fiscal year | FY2016 | FY2017 | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & equivalents | — | — | — | — | — | — | — | $124M | $87.3M | $109M |
| Total assets | $3.71B | $4.11B | $4.31B | $4.38B | $4.91B | $5.52B | $5.80B | $6.16B | $6.12B | $6.27B |
| Total liabilities | $3.39B | $3.72B | $3.92B | $3.95B | $4.44B | $5.02B | $5.39B | $5.71B | $5.55B | $5.65B |
| Long-term debt | $39.1M | $39.1M | $39.2M | $39.3M | $73.6M | $73.9M | $74.2M | $125M | $125M | $194M |
| Shareholders' equity | $320M | $381M | $396M | $439M | $468M | $505M | $406M | $455M | $569M | $629M |
| Retained earnings | $238M | $257M | $280M | $313M | $325M | $384M | $421M | $452M | $389M | $437M |
| Shares (wtd avg diluted) | 14.5M | 15.1M | 16.0M | 16.0M | 16.1M | 15.9M | 15.5M | 15.5M | 15.7M | 20.3M |
Every figure is extracted from FINANCIAL INSTITUTIONS INC’s annual reports as filed with the SEC (XBRL company facts) — no third-party estimates. Fiscal years are labeled by period end; filers occasionally re-tag concepts, so a sparse cell means the company didn’t report that concept for that year. Free cash flow = operating cash flow − capital expenditures.
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