Financial Institutions, Inc. Announces First Quarter 2024 Results
Financial Institutions, Inc. (FISI)
Last financial institutions, inc. earnings: 4/30 04:05 pm
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US:NASDAQ Investor Relations:
snl.com/irw/corporateprofile/1016825
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Source: GlobeNewswire
WARSAW, N.Y., April 25, 2024 (GLOBE NEWSWIRE) -- Financial Institutions, Inc. (NASDAQ: FISI) (the "Company," "we" or "us"), parent company of Five Star Bank (the "Bank") and Courier Capital, LLC ("Courier Capital"), today reported financial and operational results for the first quarter ended March 31, 2024. Net income was $2.1 million in the first quarter of 2024, compared to $9.8 million in the fourth quarter of 2023 and $12.1 million in the first quarter of 2023. After preferred dividends, net income available to common shareholders was $1.7 million, or $0.11 per diluted share, in the first quarter of 2024, compared to $9.4 million, or $0.61 per diluted share, in the fourth quarter of 2023, and $11.7 million, or $0.76 per diluted share, in the first quarter of 2023. First quarter 2024 financial results were negatively impacted by the Company's previously disclosed deposit-related fraud event, which was the primary driver of noninterest expense variances from the linked and year
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FISI
News
- Five Star Bancorp Announces First Quarter 2024 Results [Yahoo! Finance]Yahoo! Finance
- Financial Institutions (FISI) Q1 Earnings Lag Estimates [Yahoo! Finance]Yahoo! Finance
- Financial Institutions, Inc. Announces First Quarter 2024 Results [Yahoo! Finance]Yahoo! Finance
- Five Star Bancorp Announces the Hiring of San Francisco Bay Area Banking Professional and the Full Exercise and Closing of Underwriters' Option to Purchase Additional Shares in the Company's Underwritten Public Offering [Yahoo! Finance]Yahoo! Finance
- Financial Institutions, Inc. (NASDAQ: FISI) had its "market perform" rating re-affirmed by analysts at Keefe, Bruyette & Woods. They now have a $23.00 price target on the stock.MarketBeat
FISI
Earnings
- 4/25/24 - Miss
FISI
Analyst Actions
- 4/2/24 - Keefe, Bruyette & Woods
FISI
Sec Filings
- 4/25/24 - Form 8-K
- 4/12/24 - Form ARS
- 4/12/24 - Form DEFA14A
- FISI's page on the SEC website