Financial Institutions, Inc. (FISI)

NASDAQ: FISI · IEX Real-Time Price · USD
16.34
-0.22 (-1.33%)
Apr 17, 2024, 4:00 PM EDT - Market closed
-1.33%
Market Cap 251.78M
Revenue (ttm) 200.28M
Net Income (ttm) 48.81M
Shares Out 15.41M
EPS (ttm) 3.15
PE Ratio 5.19
Forward PE 5.80
Dividend $1.20 (7.34%)
Ex-Dividend Date Mar 14, 2024
Volume 30,624
Open 16.57
Previous Close 16.56
Day's Range 16.29 - 16.77
52-Week Range 13.84 - 23.11
Beta 0.89
Analysts Hold
Price Target 19.50 (+19.34%)
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]

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

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 Statements

Analyst 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 19.34% from the latest price.

Price Target
$19.5
(19.34% upside)
Analyst Consensus: Hold
Stock Forecasts

News

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...

16 days 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,...

23 days 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...

4 weeks 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...

5 weeks ago - PYMNTS

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...

2 months ago - GlobeNewsWire

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...

2 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, ...

3 months 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...

4 months ago - GlobeNewsWire

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...

6 months ago - GlobeNewsWire

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...

6 months ago - GlobeNewsWire

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, ...

7 months ago - GlobeNewsWire

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...

7 months ago - GlobeNewsWire

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...

7 months ago - GlobeNewsWire

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...

8 months ago - GlobeNewsWire

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...

9 months ago - GlobeNewsWire

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...

9 months ago - GlobeNewsWire

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

9 months ago - GlobeNewsWire

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, ...

10 months ago - GlobeNewsWire

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...

1 year ago - GlobeNewsWire

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...

1 year ago - GlobeNewsWire

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 ...

1 year ago - GlobeNewsWire

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...

1 year ago - GlobeNewsWire

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...

1 year ago - GlobeNewsWire

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,...

1 year ago - GlobeNewsWire

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...

1 year ago - GlobeNewsWire