Financial Institutions, Inc. (FISI)
Market Cap | 247.70M |
Revenue (ttm) | 200.30M |
Net Income (ttm) | 52.22M |
Shares Out | 15.38M |
EPS (ttm) | 3.39 |
PE Ratio | 4.71 |
Forward PE | n/a |
Dividend | $1.20 (7.41%) |
Ex-Dividend Date | Jun 14, 2023 |
Volume | 1,537 |
Open | 16.05 |
Previous Close | 15.80 |
Day's Range | 15.89 - 16.23 |
52-Week Range | 13.84 - 28.46 |
Beta | 0.88 |
Analysts | Hold |
Price Target | 26.00 (+60.59%) |
Earnings Date | Jul 27, 2023 |
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 offers checking and savings account programs, including money market accounts, certificates of deposit, sweep investments, and individual retirement and other qualified plan accounts. Its loan products include term loans and lines of credit; short and medium-term commercial loans for working capital, business expansion, and purchas... [Read more]
Financial Performance
In 2022, FISI's revenue was $200.33 million, a decrease of -4.59% compared to the previous year's $209.97 million. Earnings were $55.11 million, a decrease of -27.71%.
Financial StatementsAnalyst Forecast
According to 2 analysts, the average rating for FISI stock is "Hold." The 12-month stock price forecast is $26.0, which is an increase of 60.59% from the latest price.
News

Financial Institutions, Inc. Announces Quarterly Cash Dividend
WARSAW, N.Y., May 24, 2023 (GLOBE NEWSWIRE) -- Financial Institutions, Inc. (NASDAQ: FISI) (the “Company”), parent company of Five Star Bank, SDN Insurance Agency, LLC, and Courier Capital, LLC, annou...

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,...

Gary Pacos Joins Financial Institutions, Inc. and Five Star Bank as Chief Risk Officer
Mr. Pacos brings more than 30 years of risk management experience to Five Star Bank and its financial services affiliates Mr. Pacos brings more than 30 years of risk management experience to Five Star...

Financial Institutions, Inc. Announces 3.4% Increase in Common Stock Dividend
13th Consecutive Annual Increase 13th Consecutive Annual Increase

Financial Institutions, Inc. Announces Fourth Quarter and Full Year 2022 Results
WARSAW, N.Y., Jan. 30, 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 (“SDN...

Five Star Bank Expands its Commercial Lending Franchise in Central New York with New Syracuse Office
The growing community bank recently received regulatory approval for a new commercial loan production office located in Syracuse's historic Franklin Square The growing community bank recently received...

W. Jack Plants II Promoted to Executive Vice President of Financial Institutions, Inc. and Five Star Bank
WARSAW, N.Y., Dec. 20, 2022 (GLOBE NEWSWIRE) -- Financial Institutions, Inc. (NASDAQ: FISI) (the “Company”), parent company of Five Star Bank (the “Bank”), SDN Insurance Agency, LLC, Courier Capital, ...

Financial Institutions, Inc. Schedules Fourth Quarter and Full Year 2022 Earnings Release and Conference Call
WARSAW, N.Y., Dec. 20, 2022 (GLOBE NEWSWIRE) -- Financial Institutions, Inc. (NASDAQ: FISI) (the “Company”), the parent company of Five Star Bank, SDN Insurance Agency, LLC (“SDN”), Courier Capital, L...

Financial Institutions, Inc. to Participate in Investor Conferences in November 2022
The parent company of Five Star Bank is set to participate in the both the Hovde Group Financial Services Conference and the Piper Sandler East Coast Financial Services Conference The parent company o...

Financial Institutions, Inc. Announces Third Quarter 2022 Results
WARSAW, N.Y., Oct. 27, 2022 (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”...

Financial Institutions, Inc. Schedules Third Quarter 2022 Earnings Release and Conference Call
WARSAW, N.Y., Oct. 03, 2022 (GLOBE NEWSWIRE) -- Financial Institutions, Inc. (NASDAQ:FISI) (the “Company”), the parent company of Five Star Bank, SDN Insurance Agency, LLC (“SDN”), Courier Capital, LL...

Financial Institutions, Inc. Appoints Bruce W. Harting to Board of Directors
The financial services veteran brings deeps corporate development and financial experience to the growing community bank and its affiliates The financial services veteran brings deeps corporate develo...

Financial Institutions, Inc. Announces Second Quarter Results
WARSAW, N.Y., July 28, 2022 (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”...

Financial Institutions, Inc. Schedules Second Quarter 2022 Earnings Release and Conference Call
WARSAW, N.Y., June 30, 2022 (GLOBE NEWSWIRE) -- Financial Institutions, Inc. (NASDAQ:FISI) (the “Company”), the parent company of Five Star Bank, SDN Insurance Agency, LLC (“SDN”), Courier Capital, LL...

Financial Institutions, Inc. Announces Stock Repurchase Program
WARSAW, N.Y., June 13, 2022 (GLOBE NEWSWIRE) -- Financial Institutions, Inc. (NASDAQ:FISI) (the “Company”), parent company of Five Star Bank (the “Bank”), SDN Insurance Agency, LLC (“SDN”), Courier Ca...

Five Star Bank Joins Newly Launched Banking as a Service (BaaS) Association
WARSAW, N.Y., June 06, 2022 (GLOBE NEWSWIRE) -- Five Star Bank (the “Bank”), subsidiary of Financial Institutions, Inc. (NASDAQ:FISI), announced today that it has joined a newly launched Banking-as-a-...

Financial Institutions, Inc. Announces First Quarter Results
WARSAW, N.Y., April 27, 2022 (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...

Financial Institutions, Inc. Schedules First Quarter 2022 Earnings Release and Conference Call
WARSAW, N.Y., April 04, 2022 (GLOBE NEWSWIRE) -- Financial Institutions, Inc. (NASDAQ:FISI) (the “Company”), the parent company of Five Star Bank, SDN Insurance Agency, LLC (“SDN”), Courier Capital, L...

Financial Institutions, Inc. Announces 2022 Annual Meeting Date
WARSAW, N.Y., March 23, 2022 (GLOBE NEWSWIRE) -- Financial Institutions, Inc. (NASDAQ:FISI) (the “Company”), parent company of Five Star Bank (the “Bank”), SDN Insurance Agency, LLC (“SDN”), Courier C...

Five Star Bank Expands into Baltimore and Washington, D.C. with Commercial Hires
John G. Mangan to Lead Commercial Real Estate Lending Team John G. Mangan to Lead Commercial Real Estate Lending Team