Financial Institutions, Inc. (FISI)
| Market Cap | 408.21M |
| Revenue (ttm) | 216.61M |
| Net Income (ttm) | 49.49M |
| Shares Out | 15.47M |
| EPS (ttm) | 3.17 |
| PE Ratio | 8.32 |
| Forward PE | 8.75 |
| Dividend | $1.20 (4.55%) |
| Ex-Dividend Date | Sep 13, 2024 |
| Volume | 25,553 |
| Open | 26.30 |
| Previous Close | 26.40 |
| Day's Range | 26.00 - 26.45 |
| 52-Week Range | 16.29 - 28.12 |
| Beta | 0.92 |
| Analysts | Hold |
| Price Target | 22.00 (-16.6%) |
| Earnings Date | Oct 24, 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, Financial Institutions'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 2 analysts, the average rating for FISI stock is "Hold." The 12-month stock price forecast is $22.0, which is a decrease of -16.60% from the latest price.
News
Financial Institutions, Inc. Announces Quarterly Cash Dividend
WARSAW, N.Y., Nov. 20, 2024 (GLOBE NEWSWIRE) -- Financial Institutions, Inc. (NASDAQ: FISI) (the “Company”), parent company of Five Star Bank and Courier Capital, LLC, announced today that its Board o...
Christopher Campise Named Chief Information Officer of Five Star Bank
Mr. Campise brings more than 25 years of technology leadership experience to the growing community bank Mr. Campise brings more than 25 years of technology leadership experience to the growing communi...
Financial Institutions: Good Dividend Yield; Room For Price Upside Despite The Recent Rally
Loan growth will likely remain subdued as rate cuts will lift demand, but lackluster economic activity will dampen the demand for credit products. A large chunk of low-yielding loans and securities ar...
Financial Institutions, Inc. (FISI) Q3 2024 Earnings Call Transcript
Financial Institutions, Inc. (NASDAQ:FISI) Q3 2024 Results Conference Call October 25, 2024 8:30 AM ET Company Participants Kate Croft - Director of IR Martin Birmingham - President and CEO Jack Plan...
Financial Institutions, Inc. Announces Third Quarter 2024 Financial Results
WARSAW, N.Y., Oct. 24, 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 ("Cour...
Financial Institutions, Inc. Schedules Third Quarter 2024 Earnings Release and Conference Call
WARSAW, N.Y., Oct. 01, 2024 (GLOBE NEWSWIRE) -- Financial Institutions, Inc. (NASDAQ: FISI) (the “Company”), the parent company of Five Star Bank and Courier Capital, LLC, will release results for the...
Financial Institutions, Inc. Announces Intent to Begin Winding Down BaaS, Reflecting Strategic Focus on Core Franchise
The parent company of Five Star Bank plans to initiate an orderly wind down process for its Banking-as-a-Service offerings, which as of June 30, 2024 represented about 2% of deposits and under 1% of l...
Financial Institutions Offers Some Additional Upside From Here
Financial Institutions stock has surged 49.9% since November 2023, outperforming the S&P 500. Despite this surge, shares still look cheap, both relative to earnings and book value. While it's not the ...
Financial Institutions, Inc. (FISI) Q2 2024 Earnings Call Transcript
Financial Institutions, Inc. (NASDAQ:FISI) Q2 2024 Earnings Conference Call July 26, 2024 8:30 AM ET Company Participants Kate Croft - Director of IR Martin Birmingham - President and CEO Jack Plants...
Wall Street's Most Accurate Analysts Spotlight On 3 Financial Stocks With Over 5% Dividend Yields
During times of turbulence and uncertainty in the markets, many investors turn to dividend-yielding stocks. These are often companies that have high free cash flows and reward shareholders with a high...
Financial Institutions, Inc. Schedules Second Quarter 2024 Earnings Release and Conference Call
WARSAW, N.Y., July 01, 2024 (GLOBE NEWSWIRE) -- Financial Institutions, Inc. (NASDAQ: FISI) (the “Company”), the parent company of Five Star Bank and Courier Capital, LLC, will release results for the...
Financial Institutions: Dividend Yield Over 6%, High Potential Price Upside
Earnings will be lower this year relative to last year because of the fraudulent activity reported in 1Q. After a disappointing 1Q performance, loan growth will bounce back thanks to the sale of the i...
Financial Institutions, Inc. (FISI) Q1 2024 Earnings Call Transcript
Financial Institutions, Inc. (NASDAQ:FISI) Q1 2024 Earnings Conference Call April 26, 2024 8:30 AM ET Company Participants Kate Croft - Director of IR Martin Birmingham - President and CEO Jack Plant...
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. (FISI) Q4 2023 Earnings Call Transcript
Financial Institutions, Inc. (FISI) Q4 2023 Earnings Call Transcript
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 Makes For A Great Prospect
Financial Institutions is a small bank trading at low multiples, making it an attractive prospect. The bank operates through multiple subsidiaries, including a full-service banking office, an insuranc...
Financial Institutions, Inc. (FISI) Q3 2023 Earnings Call Transcript
Financial Institutions, Inc. (NASDAQ:FISI) Q3 2023 Earnings Conference Call October 27, 2023 8:30 AM ET Company Participants Kate Croft - Director of Investor Relations Martin Birmingham - President ...
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...