Financial Institutions, Inc. Announces Sale of the Assets of SDN Insurance Agency to NFP [Yahoo! Finance]
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: Yahoo! Finance
Transaction eliminates $11.3 million of goodwill and other intangible assets and has 43 basis point positive impact on pro forma year-end 2023 common equity tier 1 capital ratio WARSAW, N.Y., April 01, 2024 (GLOBE NEWSWIRE) -- Financial Institutions, Inc. (NASDAQ: FISI) (the "Company," "we" or "us"), a diversified financial services company and parent company of Five Star Bank (the “Bank”) and Courier Capital, LLC (“Courier Capital”), today announced and closed the sale of the assets of its wholly-owned subsidiary SDN Insurance Agency, LLC (“SDN”) to NFP Property & Casualty Services, Inc. (“NFP”), a subsidiary of NFP Corp. and leading property and casualty broker and benefits consultant. As part of the transaction, the SDN team joins NFP, including President William E. Gallagher. “In the nearly 10 years since we entered the insurance space, it has proven to be a valuable line of business that supported revenue diversification. This transaction allows us to capture strong value pr
Show less
Read more
Impact Snapshot
Event Time:
FISI
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
FISI alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
FISI alerts
High impacting Financial Institutions, Inc. news events
Weekly update
A roundup of the hottest topics
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