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Stock impact report

Financial Institutions, Inc. Announces First Quarter Results

Financial Institutions, Inc. (FISI) 
Last financial institutions, inc. earnings: 4/30 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: snl.com/irw/corporateprofile/1016825
Company Research Source: GlobeNewswire
WARSAW, N.Y., April 30, 2019 (GLOBE NEWSWIRE) -- Financial Institutions, Inc. (Nasdaq:FISI) (the “Company”), parent company of Five Star Bank (the “Bank”), SDN Insurance Agency, LLC (“SDN”), Courier Capital, LLC (“Courier Capital”) and HNP Capital, LLC (“HNP Capital”),  today reported financial and operational results for the quarter ended March 31, 2019. Net income for the quarter grew to $11.5 million compared to $9.3 million for the first quarter of 2018. After preferred dividends, net income available to common shareholders was $11.2 million for the quarter, or $0.70 per diluted share, up from $8.9 million, or $0.56 per diluted share, for the first quarter of 2018. First Quarter 2019 Highlights: Net income of $11.5 million was the second highest in the Company’s history and $2.2 million, or 24%, higher than the first quarter of 2018Diluted earnings per share of $0.70 was $0.14, or 25.0%, higher than the first quarter of 2018Pre-tax pre-provision income of $15.7 million (1) wa Show less Read more
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