Financial Statements

Financial Institutions, Inc. (FISI)

$27.14

+0.04 (+0.15%)
Income Statement
Balance Sheet
Cash Flow

Income Statement

All numbers are in thousands

Retained Earning Schedule

Year 2021 2020 2019 2018 2017
Retained Earnings (Previous Year) 325313280257-
Net Income 7838494034
Stock Dividends -0-92-0238
Dividend Paid -18-18-17-16-14
Retained Earnings 384325313280257

PPE Schedule

Year 2021 2020 2019 2018 2017
Gross PPE 41414345-
Annual Depreciation 3132053
Capital Expenditure -9-4-4-3-8
Net PPE 6241414345

Intangible and Goodwill Schedule

Year 2021 2020 2019 2018 2017
Intangible and Goodwill (Previous Year) -66666666
New Purchases -158-73-219-404-802
Intangible and Goodwill 6666666667

Financial Institutions, Inc. income statement is the only one that provides an overview of company sales and net income
The reasoning behind the adjustment, however, is that free cash flow is meant to measure money being spent right now, not transactions that happened in the past. This makes Financial Institutions, Inc. FCF a useful instrument for identifying growing companies with high up-front costs, which may eat into earnings now but have the potential to pay off later.