Financial Institutions, Inc. Announces First Quarter 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
Company Research
Source: GlobeNewswire
WARSAW, N.Y., April 30, 2020 (GLOBE NEWSWIRE) -- Financial Institutions, Inc. (Nasdaq:FISI) (the “Company” “we” or “us”), 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 first quarter ended March 31, 2020. Net income for the quarter was $1.1 million compared to $11.5 million for the first quarter of 2019. After preferred dividends, net income available to common shareholders was $762 thousand for the quarter, or $0.05 per diluted share, compared to $11.2 million, or $0.70 per diluted share, for the first quarter of 2019. First quarter results were negatively impacted by a significantly higher provision for credit losses of $13.9 million, as compared to $1.2 million in the first quarter of 2019. The after-tax impact of the higher provision as compared to first quarter of 2019 was $0.59 per diluted share. The higher
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FISI
News
- Financial Institutions (FISI) Q1 Earnings Lag Estimates [Yahoo! Finance]Yahoo! Finance
- Financial Institutions, Inc. Announces First Quarter 2024 Results [Yahoo! Finance]Yahoo! Finance
- Financial Institutions, Inc. Announces First Quarter 2024 ResultsGlobeNewswire
- 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