Financial Institutions (FISI) Tops Q3 EPS by 26c

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Go back to Financial Institutions (FISI) Tops Q3 EPS by 26c

Financial Institutions, Inc. Announces Third Quarter Results

October 29, 2020 4:05 PM EDT

WARSAW, N.Y., Oct. 29, 2020 (GLOBE NEWSWIRE) -- Financial Institutions, Inc. (Nasdaq: FISI) (the Company we or us), 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 third quarter ended September 30, 2020.

Net income for the quarter was $12.3 million compared to $12.8 million for the third quarter of 2019. After preferred dividends, net income available to common shareholders was $11.9 million for the quarter, or $0.74 per diluted share, compared to $12.5 million, or $0.78 per diluted share, for the third... More