Financial Institutions, Inc. (FISI)
| Market Cap | 286.08M |
| Revenue (ttm) | 208.19M |
| Net Income (ttm) | 38.79M |
| Shares Out | 15.45M |
| EPS (ttm) | 2.50 |
| PE Ratio | 7.32 |
| Forward PE | 6.72 |
| Dividend | $1.20 (6.48%) |
| Ex-Dividend Date | Mar 14, 2024 |
| Volume | 80,297 |
| Open | 18.24 |
| Previous Close | 18.15 |
| Day's Range | 17.94 - 18.66 |
| 52-Week Range | 15.22 - 23.11 |
| Beta | 0.90 |
| Analysts | Hold |
| Price Target | 19.50 (+5.29%) |
| Earnings Date | Apr 25, 2024 |
About FISI
Financial Institutions, Inc. operates as a holding company for the Five Star Bank, a chartered bank that provides banking and financial services to individuals, municipalities, and businesses in New York. The company provides checking and savings account programs, including money market accounts, certificates of deposit, sweep investments, and individual retirement and other qualified plan accounts, as well as NOW accounts. Its loan products include term loans and lines of credit; short and medium-term commercial loans for working capital, busi... [Read more]
Financial Performance
In 2023, FISI's revenue was $200.28 million, a decrease of -0.03% compared to the previous year's $200.33 million. Earnings were $48.81 million, a decrease of -11.45%.
Financial StatementsAnalyst Forecast
According to 3 analysts, the average rating for FISI stock is "Hold." The 12-month stock price forecast is $19.5, which is an increase of 5.29% from the latest price.
News
Financial Institutions, Inc. Announces First Quarter 2024 Results
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 ("Cou...
Financial Institutions, Inc. Announces Sale of the Assets of SDN Insurance Agency to NFP
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 Ban...
Financial Institutions, Inc. Schedules First Quarter 2024 Earnings Release and Conference Call
WARSAW, N.Y., March 25, 2024 (GLOBE NEWSWIRE) -- Financial Institutions, Inc. (NASDAQ: FISI) (the “Company”), the parent company of Five Star Bank, SDN Insurance Agency, LLC, and Courier Capital, LLC,...
Financial Institutions, Inc. Announces 2024 Annual Meeting Date
WARSAW, N.Y., March 14, 2024 (GLOBE NEWSWIRE) -- Financial Institutions, Inc. (NASDAQ: FISI) (the “Company”), the parent company of Five Star Bank (the “Bank”), SDN Insurance Agency, LLC and Courier C...
Financial Institutions' Net Income Drops 43.9% Amid FDIC's Special Assessment
Financial institutions' net income dropped 43.9% in the fourth quarter of 2023. The net income of commercial banks and savings institutions insured by the Federal Deposit Insurance Corp. (FDIC) totale...
Financial Institutions, Inc. Announces Quarterly Cash Dividend
WARSAW, N.Y., Feb. 15, 2024 (GLOBE NEWSWIRE) -- Financial Institutions, Inc. (NASDAQ: FISI) (the “Company”), parent company of Five Star Bank, SDN Insurance Agency, LLC, and Courier Capital, LLC, anno...
Financial Institutions, Inc. Announces Fourth Quarter and Full Year 2023 Results
WARSAW, N.Y., Jan. 25, 2024 (GLOBE NEWSWIRE) -- Financial Institutions, Inc. (NASDAQ: FISI) (the "Company," "we" or "us"), parent company of Five Star Bank (the "Bank"), SDN Insurance Agency, LLC ("SD...
Financial Institutions, Inc. Schedules Fourth Quarter and Full Year 2023 Earnings Release and Conference Call
WARSAW, N.Y., Jan. 03, 2024 (GLOBE NEWSWIRE) -- Financial Institutions, Inc. (NASDAQ: FISI) (the “Company”), the parent company of Five Star Bank, SDN Insurance Agency, LLC, and Courier Capital, LLC, ...
Financial Institutions, Inc. Announces Leadership Changes
Realignment strengthens the diversified financial services company's leadership team and streamlines organizational structure in key areas to support future growth Realignment strengthens the diversif...
Financial Institutions, Inc. Announces Third Quarter 2023 Results
WARSAW, N.Y., Oct. 26, 2023 (GLOBE NEWSWIRE) -- Financial Institutions, Inc. (NASDAQ: FISI) (the “Company,” “we” or “us”), parent company of Five Star Bank (the “Bank”), SDN Insurance Agency, LLC (“SD...
Courier Capital, LLC Promotes James E. Iglewski to President, Thomas J.
New leadership structure supports the continued growth of the Five Star Bank affiliate, which is now one of the largest registered investment advisory and wealth management firms in Western New York N...
Financial Institutions, Inc. Schedules Third Quarter 2023 Earnings Release and Conference Call
WARSAW, N.Y., Oct. 02, 2023 (GLOBE NEWSWIRE) -- Financial Institutions, Inc. (NASDAQ: FISI) (the “Company”), the parent company of Five Star Bank, SDN Insurance Agency, LLC, and Courier Capital, LLC, ...
Financial Institutions, Inc. Announces Controller Retirement and Internal Appointment
Sonia Dumbleton to retire in March 2024 after 40 years of service to the Company and Sandra Byers promoted to Deputy Controller during the interim Sonia Dumbleton to retire in March 2024 after 40 year...
Blake Jones Named Chief Marketing Officer of Five Star Bank
Ms. Jones brings nearly 20 years of marketing and communications experience to the growing community bank and its affiliates Ms. Jones brings nearly 20 years of marketing and communications experience...
Five Star Bank Partners with Autobooks to Launch Tap to Pay on iPhone for Small Business Customers
Five Star Bank is one of the first banks in the country, and the first bank in Western New York, to offer Tap to Pay on iPhone delivered by Autobooks, allowing small business customers to accept conta...
Five Star Bank Expands Small Business Lending Solutions Through Partnership with Numerated
Five Star Bank's new digital lending capability provides added convenience to small business customers throughout New York State Five Star Bank's new digital lending capability provides added convenie...
Financial Institutions, Inc. Announces Second Quarter 2023 Results
WARSAW, N.Y., July 27, 2023 (GLOBE NEWSWIRE) -- Financial Institutions, Inc. (NASDAQ: FISI) (the “Company,” “we” or “us”), parent company of Five Star Bank (the “Bank”), SDN Insurance Agency, LLC (“SD...
Five Star Bank Promotes Scott Bader to Chief Information Security Officer
Mr. Bader has over 15 years of experience managing technology services for Five Star Bank Mr. Bader has over 15 years of experience managing technology services for Five Star Bank
Financial Institutions, Inc. Schedules Second Quarter 2023 Earnings Release and Conference Call
WARSAW, N.Y., July 03, 2023 (GLOBE NEWSWIRE) -- Financial Institutions, Inc. (NASDAQ: FISI) (the “Company”), the parent company of Five Star Bank, SDN Insurance Agency, LLC, and Courier Capital, LLC, ...
Financial Institutions, Inc. Subsidiaries Courier Capital, LLC and HNP Capital, LLC Complete Merger
The merger strengthens Courier Capital, LLC, an affiliate of Five Star Bank, into one of the largest wealth management firms in Western New York The merger strengthens Courier Capital, LLC, an affilia...
Financial Institutions, Inc. Announces First Quarter 2023 Results
WARSAW, N.Y., April 26, 2023 (GLOBE NEWSWIRE) -- Financial Institutions, Inc. (NASDAQ:FISI) (the “Company,” “we” or “us”), parent company of Five Star Bank (the “Bank”), SDN Insurance Agency, LLC (“SD...
Financial Institutions, Inc. Schedules First Quarter 2023 Earnings Release and Conference Call
WARSAW, N.Y., April 03, 2023 (GLOBE NEWSWIRE) -- Financial Institutions, Inc. (NASDAQ: FISI) (the “Company”), the parent company of Five Star Bank, SDN Insurance Agency, LLC, Courier Capital, LLC and ...
Rochester Democrat and Chronicle Names Five Star Bank a Winner of the Rochester Metro Area Top Workplaces 2023 Award
ROCHESTER, N.Y., March 27, 2023 (GLOBE NEWSWIRE) -- Financial Institutions, Inc. (NASDAQ: FISI) (the “Company”), parent company of Five Star Bank (the “Bank”), SDN Insurance Agency, LLC, Courier Capit...
Financial Institutions, Inc. Announces 2023 Annual Meeting Date
WARSAW, N.Y., March 23, 2023 (GLOBE NEWSWIRE) -- Financial Institutions, Inc. (NASDAQ: FISI) (the “Company”), the parent company of Five Star Bank (the “Bank”), SDN Insurance Agency, LLC, Courier Capi...
The Buffalo News Names Five Star Bank a Winner of the Buffalo Niagara Region Top Workplaces 2023 Award
BUFFALO, N.Y., Feb. 27, 2023 (GLOBE NEWSWIRE) -- Financial Institutions, Inc. (NASDAQ: FISI) (the “Company”), parent company of Five Star Bank (the “Bank”), SDN Insurance Agency, LLC, Courier Capital,...