Financial Institutions, Inc. Announces Second Quarter 2018 Results

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Financial Institutions (FISI) Tops Q2 EPS by 15c

July 26, 2018 4:30 PM EDT

Financial Institutions (NASDAQ: FISI) reported Q2 EPS of $0.74, $0.15 better than the analyst estimate of $0.59.

President and Chief Executive Officer Martin K. Birmingham stated, We generated excellent financial results in the quarter by continuing to execute our strategic initiatives to deliver strong incremental Company performance. Total loans grew 3.8% in the quarter with the largest gains in the commercial categories. Our focus on growing our residential mortgage production capabilities resulted in 2.5% growth in... More