Financial Institutions, Inc. Announces Second Quarter Results

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Go back to Financial Institutions, Inc. Announces Second Quarter Results

Financial Institutions (FISI) Tops Q2 EPS by 40c

July 29, 2020 4:54 PM EDT

Financial Institutions (NASDAQ: FISI) reported Q2 EPS of $0.67, $0.40 better than the analyst estimate of $0.27.

President and Chief Executive Officer Martin K. Birmingham stated, In our new normal of working together yet apart, we have delivered uninterrupted critical banking services to our customers. We implemented an array of actions for consumers and businesses, helping 1,700 small businesses and 18,000 small business employees through the Small Business Administration Payroll Protection Program (PPP) and thousands of consumers through our COVID-19 CARES relief efforts. This was accomplished with 65 percent of our associates working from home or at remote... More