Financial Institutions (FISI) Tops Q2 EPS by 45c

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Go back to Financial Institutions (FISI) Tops Q2 EPS by 45c

Financial Institutions, Inc. Announces Second Quarter Results

July 29, 2021 4:05 PM EDT

WARSAW, N.Y., July 29, 2021 (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 second quarter ended June 30, 2021.

Net income for the quarter was $20.2 million compared to $11.1 million in the second quarter of 2020. After preferred dividends, net income available to common shareholders was $19.8 million, or $1.25 per diluted share, compared to $10.8 million, or $0.67 per diluted share, in the second quarter of... More