Financial Institutions (FISI) Tops Q4 EPS by 18c

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Go back to Financial Institutions (FISI) Tops Q4 EPS by 18c

Financial Institutions, Inc. Announces Fourth Quarter and Full Year 2019 Results

January 30, 2020 4:05 PM EST

WARSAW, N.Y., Jan. 30, 2020 (GLOBE NEWSWIRE) -- Financial Institutions, Inc. (Nasdaq: FISI) (the Company), parent company of Five Star Bank (the Bank), SDN Insurance Agency, LLC (SDN), Courier Capital, LLC (Courier Capital) and HNP Capital, LLC (HNP Capital), today reported financial and operational results for the fourth quarter and year ended December 31, 2019.

Results for the Quarter

Net income was $13.1 million compared to $7.5 million in 2018. After preferred dividends, net income available to common shareholders was $12.7 million, or $0.79 per diluted share, compared to $7.1 million, or $0.45 per diluted share,... More