Financial Institutions (FISI) Misses Q4 EPS by 5c

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Financial Institutions, Inc. Announces Fourth Quarter and Full Year 2022 Results

January 30, 2023 4:05 PM EST

WARSAW, N.Y., Jan. 30, 2023 (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 fourth quarter and year ended December 31, 2022.

Results for the Fourth Quarter of 2022  

Net income was $12.1 million compared to $19.6 million in 2021. After preferred dividends, net income available to common shareholders was $11.7 million, or... More