Financial Institutions, Inc. (FISI)

NASDAQ: FISI · IEX Real-Time Price · USD
16.19
+0.39 (2.47%)
Jun 2, 2023, 10:26 AM EDT - Market open
2.47%
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]

Sector Financials
IPO Date Jun 25, 1999
Employees 672
Stock Exchange NASDAQ
Ticker Symbol FISI
Full Company Profile

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 Statements

Analyst 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.

Price Target
$26.0
(60.59% upside)
Analyst Consensus: Hold
Stock Forecasts

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...

1 week 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 month 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 month ago - GlobeNewsWire
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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 ...

2 months 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...

2 months 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...

2 months 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,...

3 months 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...

3 months ago - GlobeNewsWire
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Financial Institutions, Inc. Announces 3.4% Increase in Common Stock Dividend

13th Consecutive Annual Increase 13th Consecutive Annual Increase

3 months ago - GlobeNewsWire

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...

4 months ago - GlobeNewsWire

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...

4 months ago - GlobeNewsWire

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, ...

5 months ago - GlobeNewsWire

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...

5 months ago - GlobeNewsWire
}

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...

7 months ago - GlobeNewsWire

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”...

7 months ago - GlobeNewsWire

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...

8 months ago - GlobeNewsWire

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...

10 months ago - GlobeNewsWire

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”...

11 months ago - GlobeNewsWire

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...

1 year ago - GlobeNewsWire

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...

1 year ago - GlobeNewsWire

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-...

1 year ago - GlobeNewsWire

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...

1 year ago - GlobeNewsWire

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...

1 year ago - GlobeNewsWire

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...

1 year ago - GlobeNewsWire

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

1 year ago - GlobeNewsWire