Filing Flows › Financial Institutions (FISI) › Q3 2026
Financial Institutions (FISI) Q3 2026 earnings results (third quarter 2026)
10-Q filed Nov 9, 2026
Financial Institutions (FISI) reported revenue of $64.7M for the third quarter 2026 (Q3 2026), +1% from a year earlier and +0.7% from the quarter before. Operating margin was 37.1%, net earnings $20.0M (30.9% of revenue).
Financial Institutions, Q3 2026: revenue $64.7M (+1% year over year), operating margin 37.1%, net earnings $20.0M, operating cash flow $33.6M. The chart follows the revenue to costs, profit and cash.
| Q3 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $64.7M | +0.7% | +1% |
| Operating profit | $24.0M | -6% | -5% |
| Net earnings | $20.0M | -6% | -2% |
| Operating cash flow | $33.6M | +48% | — |
| Free cash flow | $31.8M | +46% | — |
What changed
Revenue was $64.7M in Q3 2026, up 1% year over year and up 1% from the previous quarter. Net interest income was the largest line at 84% of revenue. Net interest income added $2.5M year over year (up 5%), 277% of the total change. Noninterest income declined 13%.
Operating profit was $24.0M, a 37.1% margin (down 2.4 points year over year). Operating profit fell $1.2M even though revenue rose $903K versus a year earlier, so costs grew faster than sales. Total costs grew 5% against revenue growth of 1%. The fastest-growing cost line was Credit loss provision (+42%). Net earnings were $20.0M, down 2% year over year. The effective tax rate was 16.9%.
Operating cash flow was $33.6M, 168% of net earnings. Non-cash charges added back $1.9M of depreciation and amortization and $947K of share-based compensation. Working capital and other items added $10.8M. Capital expenditures of $1.8M left free cash flow of $31.8M.
Questions
What was Financial Institutions' revenue in the third quarter 2026?
Financial Institutions (FISI) reported revenue of $64.7M for the third quarter 2026 (Q3 2026), +1% from a year earlier and +0.7% from the quarter before.
Was Financial Institutions profitable in the third quarter 2026?
Operating profit was $24.0M (37.1% of revenue) and net earnings $20.0M.