Financial Institutions, Inc. (FISI)

NASDAQ: FISI · Real-Time Price · USD
27.12
+0.47 (1.76%)
Dec 20, 2024, 4:00 PM EST - Market closed
1.76%
Market Cap 419.66M
Revenue (ttm) 216.61M
Net Income (ttm) 49.49M
Shares Out 15.47M
EPS (ttm) 3.17
PE Ratio 8.55
Forward PE 9.21
Dividend $1.20 (4.43%)
Ex-Dividend Date Dec 13, 2024
Volume 250,030
Open 26.76
Previous Close 26.65
Day's Range 26.76 - 27.49
52-Week Range 16.29 - 29.34
Beta 0.94
Analysts Hold
Price Target 26.67 (-1.66%)
Earnings Date Jan 23, 2025

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]

Sector Financials
IPO Date Jun 25, 1999
Employees 624
Stock Exchange NASDAQ
Ticker Symbol FISI
Full Company Profile

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 Statements

Analyst Forecast

According to 3 analysts, the average rating for FISI stock is "Hold." The 12-month stock price forecast is $26.67, which is a decrease of -1.66% from the latest price.

Price Target
$26.67
(-1.66% downside)
Analyst Consensus: Hold
Stock Forecasts

News

Financial Institutions, Inc. Announces Pricing of Common Stock Offering

WARSAW, N.Y., Dec. 11, 2024 (GLOBE NEWSWIRE) -- Financial Institutions, Inc. (Nasdaq: FISI) (the “Company”), parent company of Five Star Bank and Courier Capital, LLC, today announced the pricing of i...

10 days ago - GlobeNewsWire

Financial Institutions, Inc. Announces Launch of Common Stock Offering

WARSAW, N.Y., Dec. 11, 2024 (GLOBE NEWSWIRE) -- Financial Institutions, Inc. (Nasdaq: FISI) (the “Company”), parent company of Five Star Bank and Courier Capital, LLC, announced today that it has laun...

10 days ago - GlobeNewsWire

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...

4 weeks ago - GlobeNewsWire

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...

6 weeks ago - GlobeNewsWire

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...

7 weeks ago - Seeking Alpha

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...

2 months ago - Seeking Alpha

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...

2 months ago - GlobeNewsWire

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...

2 months ago - GlobeNewsWire

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...

3 months ago - GlobeNewsWire

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 ...

4 months ago - Seeking Alpha

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...

5 months ago - Seeking Alpha

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...

Other symbols: CFFNHAFC
5 months ago - Benzinga

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...

6 months ago - GlobeNewsWire

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...

7 months ago - Seeking Alpha

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...

8 months ago - Seeking Alpha

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...

8 months ago - GlobeNewsWire

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...

9 months ago - GlobeNewsWire

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,...

9 months ago - GlobeNewsWire

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...

10 months ago - GlobeNewsWire

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...

10 months ago - PYMNTS

Financial Institutions, Inc. (FISI) Q4 2023 Earnings Call Transcript

Financial Institutions, Inc. (FISI) Q4 2023 Earnings Call Transcript

11 months ago - Seeking Alpha

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...

11 months ago - GlobeNewsWire

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, ...

1 year ago - GlobeNewsWire

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...

1 year ago - GlobeNewsWire

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...

1 year ago - Seeking Alpha