Financial Institutions

Financial Institutions, Inc. is a holding company, which engages in the provision of financial services. It operates through the following segments: Banking, Non-Banking, and Holding Company and Other. The Banking segment includes retail and commercial banking operations. The Non-Banking segment consists of the activities of SDN, a full-service insurance agency that offers insurance services to both personal and business clients, and Courier Capital, an investment advisor and wealth management firm that delivers customized investment management, investment consulting, and retirement plan services to individuals, businesses, institutions, foundations, and retirement plans. The company was founded in 1931 and is headquartered in Warsaw, NY.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Financial Institutions (FISI) reports strong Q4 performance and strategic growth outlook

Financial Institutions (FISI) showcased strong performance in Q4 2022, driven by organic loan growth and robust loan portfolio metrics.
Despite challenges like economic uncertainties, the company's strategic strengths and growth initiatives position it well for future opportunities.
Opportunities in Banking-as-a-Service initiatives, market expansions, and risk management enhancements offer avenues for sustained growth and resilience.
Overall, Financial Institutions (FISI) remains focused on proactive strategies to navigate challenges and leverage opportunities for continued success.

Financial Institutions, Inc. reports Q1 earnings decline but eyes growth

FISI's Q1 performance reflected a decline in net income due to higher provisions and expenses, offset by strong loan growth and stable asset quality.
The company's strategic expansion into Central New York and focus on Banking-as-a-Service initiatives signal growth potential.
Challenges include margin pressure and expense management, but opportunities lie in loan portfolio growth and deposit initiatives.
Overall, FISI's solid start in 2023 and disciplined approach position it for future success and profitability.

Financial Institutions (FISI) reports solid Q2 performance and eyes growth opportunities

Financial Institutions (FISI) delivered a solid performance in Q2, driven by loan growth and strong credit quality metrics.
While facing challenges such as seasonal deposit fluctuations, the company's strategic focus on diversification and customer base expansion positions it well for the future.
Opportunities lie in leveraging the merged subsidiaries for wealth management growth and exploring new avenues for revenue generation in the Mid-Atlantic region.

Financial Institutions (FISI) reports stable Q3 performance amidst lending challenges

Financial Institutions (FISI) faced challenges in commercial lending and slower BaaS growth but maintained stable performance overall. The company's strengths lie in deposit growth, asset quality, and successful retail campaigns. Opportunities exist in BaaS expansion, commercial lending recovery, and continued focus on credit quality and internal functions.

Financial Institutions, Inc. reports solid 2023 performance amidst challenges

Financial Institutions, Inc. (FISI) navigated challenges in 2023 to achieve solid financial performance, driven by deposit and loan growth. While facing concerns about rising interest rates and nonperforming loans, FISI remains focused on strategic initiatives for profitability. The company's proactive efforts and cost-saving measures position it well for future growth and operational efficiency.

Financial Institutions, Inc. faces Q1 challenges but shows resilience

FISI navigated challenges in Q1 2024, balancing setbacks from a fraud event with gains from the sale of its insurance subsidiary.
Despite flat loan growth, the company excelled in deposit attraction and demonstrated resilience in maintaining capital strength.
Management's strategic focus on key areas like commercial lending and deposit growth positions FISI for future opportunities.
Anticipated slowdown in deposit betas and stable margins provide a positive outlook for the company's financial performance in 2024.

Financial Institutions (FISI) reports record earnings and pursues growth opportunities

Financial Institutions (FISI) delivered a strong performance in Q2 2024, with record net income and notable improvements in asset quality metrics. Despite challenges related to legal actions, the company remains focused on growth opportunities through margin expansion and maintaining a strong financial position.

Financial Institutions, Inc. reports solid Q3 performance amidst strategic shifts

Financial Institutions, Inc. delivered a solid performance in Q3 with notable deposit growth and efficient expense management.
While facing challenges such as the wind down of a non-contributing service, FISI remains focused on core banking operations.
Opportunities lie in rebuilding commercial pipelines, optimizing capital efficiency, and diversifying revenue streams for sustained growth.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Cogent Communications Holdings

International Paper

Navient

Top Ranked Income Stocks to Buy for June 28th

AutoNation

Companhia Siderurgica Nacional

USA Truck

Top Ranked Value Stocks to Buy for June 28th

Macy's

ArcelorMittal

Community Financial

Top Ranked Value Stocks to Buy for June 22nd

BRT Apartments

LCI Industries

Nutrien

Top Ranked Income Stocks to Buy for June 18th

Grupo Financiero Galicia SA

GasLog Partners

Patrick Industries

Top Ranked Value Stocks to Buy for June 18th

BUFFALO, N.Y., June 17, 2021 (GLOBE NEWSWIRE) -- Five Star Bank officially cut the ribbon today on its newest full-service bank branch located at 451 Elmwood Avenue in Buffalo. This location is one of two new branches Five Star Bank is opening this month as it expands its presence and services in Buffalo. Five Star Bank, (the “Bank”), a subsidiary of Financial Institutions, Inc. ( FISI ) (the "Company"), is a leading provider of consumer and commercial lending services across the Western, Finger Lakes and Southern Tier regions of New York.

Five Star Bank Cut the Ribbon Today to Officially Open its Newest Branch in Buffalo at Elmwood Crossing

Boise Cascade

Louisiana-Pacific

PetroChina Company Ltd.

Top Ranked Value Stocks to Buy for June 16th

Cummins

TowneBank

Top Ranked Income Stocks to Buy for June 16th

- Don Boswell, Dawn Burlew, and Kim VanGelder Appointed to Key Leadership Positions

Susan R. Holliday Named Chair of the Board of Directors of Financial Institutions, Inc.

Mercantile Bank

Orrstown Financial

Univest Corporation of PA

Top Ranked Income Stocks to Buy for June 11th

MarineMax

Metrocity Bankshares Inc

Textainer Group Holdings Limited

Top Ranked Value Stocks to Buy for June 11th

First Commonwealth Financial

Top Ranked Income Stocks to Buy for June 9th

First Internet Bancorp

Ternium

Top Ranked Value Stocks to Buy for June 9th

OP Bancorp

Synovus Financial

Top Ranked Income Stocks to Buy for June 3rd

Atlas Air Worldwide

Top Ranked Value Stocks to Buy for June 3rd

Financial Institutions, Inc. (FISI) CEO Marty Birmingham on Q1 2021 Results - Earnings Call Transcript

Financial Institutions (FISI) delivered earnings and revenue surprises of 53.01% and 7.68%, respectively, for the quarter ended March 2021. Do the numbers hold clues to what lies ahead for the stock?

Financial Institutions (FISI) Q1 Earnings and Revenues Surpass Estimates

Shares of Financial Institutions (NASDAQ:FISI) were flat in after-market trading after the company reported Q1 results. Quarterly Results Earnings per share rose 2440.00% over the past year to $1.27, which beat the estimate of $0.76.

Financial Institutions: Q1 Earnings Insights

Is Financial Institutions (FISI) a great pick from the value investor's perspective right now? Read on to know more.

Is Financial Institutions (FISI) a Great Stock for Value Investors?

WARSAW, N.Y., April 05, 2021 (GLOBE NEWSWIRE) -- Financial Institutions, Inc. (NASDAQ:FISI) (the “Company”), the parent company of Five Star Bank, SDN Insurance Agency, LLC (“SDN”), Courier Capital, LLC (“Courier Capital”) and HNP Capital, LLC (“HNP Capital”), will release results for the first quarter ended March 31, 2021, after the market closes on April 28, 2021.

Financial Institutions, Inc. Schedules First Quarter 2021 Earnings Release and Conference Call

Financial Institutions (FISI) has seen solid earnings estimate revision activity over the past month, and belongs to a strong industry as well.

Is Financial Institutions (FISI) Stock a Solid Choice Right Now?

WARSAW, N.Y., March 25, 2021 (GLOBE NEWSWIRE) -- Financial Institutions, Inc. (NASDAQ:FISI) (the “Company” or “we”), parent company of Five Star Bank (the “Bank”), SDN Insurance Agency, LLC (“SDN”), Courier Capital, LLC (“Courier Capital”) and HNP Capital, LLC (“HNP Capital”), announced today that its Annual Meeting of Shareholders (the “Meeting”) will be held on Wednesday, June 16, 2021 at 10:00 am EDT. Given ongoing public health and safety concerns related to COVID-19, the Meeting will be held virtually through the internet or other electronic means in lieu of an in-person meeting. The record date for the Meeting is Wednesday, April 21, 2021.

News for Financial Institutions Stock (FISI)