Financial Institutions (FISI) Misses Q4 EPS by 16c

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Go back to Financial Institutions (FISI) Misses Q4 EPS by 16c

Financial Institutions, Inc. Announces Fourth Quarter and Full Year 2018 Results

January 31, 2019 4:05 PM EST

WARSAW, N.Y., Jan. 31, 2019 (GLOBE NEWSWIRE) -- Financial Institutions, Inc. (NASDAQ: FISI), today reported financial and operational results for the fourth quarter and year ended December 31, 2018. Financial Institutions, Inc. (the Company) is the parent company of Five Star Bank (the Bank), SDN Insurance Agency, LLC (SDN), Courier Capital, LLC (Courier Capital) and HNP Capital, LLC (HNP Capital).

Net income for the quarter was $7.5 million compared to $11.1 million for the fourth quarter of 2017. After preferred dividends, net income available to common shareholders was $7.1 million for the quarter, or $0.45 per diluted share, compared to... More