Financial Institutions (FISI) Reports Q1 EPS of $0.93

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Go back to Financial Institutions (FISI) Reports Q1 EPS of $0.93

Financial Institutions, Inc. Announces First Quarter Results

April 27, 2022 4:05 PM EDT

WARSAW, N.Y., April 27, 2022 (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 first quarter ended March 31, 2022.

Net income for the quarter was $15.0 million compared to $20.7 million in the first quarter of 2021. After preferred dividends, net income available to common shareholders was $14.6 million, or $0.93 per diluted share, compared to $20.3 million, or $1.27 per diluted share, in the first quarter of... More