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Financial Institutions(FISI) - 2024 Q2 - Quarterly Report
2024-08-05 20:05
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 | --- | --- | |---------------------------------------------------------------------------------------------|------------------------------------------| | For the transitio ...
Financial Institutions(FISI) - 2024 Q2 - Earnings Call Transcript
2024-07-26 18:17
Financial Institutions, Inc. (NASDAQ:FISI) Q2 2024 Earnings Conference Call July 26, 2024 8:30 AM ET Company Participants Kate Croft - Director of IR Martin Birmingham - President and CEO Jack Plants - CFO Conference Call Participants Damon DelMonte - KBW Matthew Breese - Stephens Operator Ladies and gentlemen, thank you for standing by. Welcome to the Financial Institutions, Inc. Second Quarter 2024 Earnings Call. [Operator Instructions] I would now like to hand the conference call over to your host, Kate ...
Financial Institutions(FISI) - 2024 Q2 - Quarterly Results
2024-07-25 20:06
FINANCIAL INSTITUTIONS, INC. ANNOUNCES SECOND QUARTER 2024 FINANCIAL RESULTS Second Quarter 2024 Key Results: up 93 basis points from June 30, 2023, and growing tangible common book value per share (1) by 9% and 16% from the end of the linked and year-ago quarters, respectively," Mr. Birmingham added. Chief Financial Officer and Treasurer W. Jack Plants II commented, "We are pleased with our ability to build on the margin stability achieved in the first quarter to drive solid expansion on a linked quarter b ...
Is Financial Institutions (FISI) a Great Value Stock Right Now?
ZACKS· 2024-07-10 14:45
Zacks has developed the innovative Style Scores system to highlight stocks with specific traits. For example, value investors will be interested in stocks with great grades in the "Value" category. When paired with a high Zacks Rank, "A" grades in the Value category are among the strongest value stocks on the market today. Value investors also use the P/S ratio. The P/S ratio is is calculated as price divided by sales. This is a prefered metric because revenue can't really be manipulated, so sales are often ...
Financial Institutions, Inc. Schedules Second Quarter 2024 Earnings Release and Conference Call
GlobeNewswire News Room· 2024-07-01 20:05
WARSAW, N.Y., July 01, 2024 (GLOBE NEWSWIRE) -- Financial Institutions, Inc. (NASDAQ: FISI) (the "Company"), the parent company of Five Star Bank and Courier Capital, LLC, will release results for the second quarter ending June 30, 2024 after the market closes on July 25, 2024. About Financial Institutions, Inc. For additional information contact: Kate Croft Director of Investor and External Relations (716) 817-5159 klcroft@five-starbank.com Management will host an earnings conference call and audio webcast ...
Financial Institutions, Inc. Announces Quarterly Cash Dividend
globenewswire.com· 2024-05-22 20:05
Financial Institutions, Inc. (NASDAQ: FISI) is an innovative financial holding company with approximately $6.3 billion in assets offering banking and wealth management products and services. Its Five Star Bank subsidiary provides consumer and commercial banking and lending services to individuals, municipalities and businesses through banking locations spanning Western and Central New York and a commercial loan production office serving the Mid-Atlantic region. Courier Capital, LLC offers customized investm ...
Financial Institutions: Dividend Yield Over 6%, High Potential Price Upside
Seeking Alpha· 2024-05-13 20:41
Pgiam Earnings of Financial Institutions, Inc. (NASDAQ:FISI) will likely be lower this year because of the hit from fraudulent activity reported in the first quarter. Financial Institutions' subsidiary bank, Five Star Bank, (not to be confused with the subsidiary of Five Star Bancorp, Five Star Bank, which operates in Northern California) was the victim of a deposit-account related incident earlier this year. Further, earnings will suffer because the average margin will be lower this year compared to last y ...
Financial Institutions(FISI) - 2024 Q1 - Quarterly Report
2024-05-06 20:06
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ________ to ________ Commission File Number: 000-26481 Financial Institutions, Inc. (Exact name of registrant as specified in its charter) ( ...
Financial Institutions(FISI) - 2024 Q1 - Earnings Call Transcript
2024-04-27 06:00
Financial Institutions, Inc. (NASDAQ:FISI) Q1 2024 Earnings Conference Call April 26, 2024 8:30 AM ET Company Participants Kate Croft - Director of IR Martin Birmingham - President and CEO Jack Plants - CFO Conference Call Participants Damon DelMonte - KBW Bader Hijleh - Piper Sandler Operator Hello, everyone, and welcome to the Financial Institutions, Inc. First Quarter 2024 Earnings Call. My name is Harry, and I'll be your operator. [Operator Instructions] I will now hand over to Kate Croft to begin. Plea ...
Financial Institutions (FISI) Q1 Earnings Lag Estimates
Zacks Investment Research· 2024-04-25 22:51
Financial Institutions (FISI) came out with quarterly earnings of $0.11 per share, missing the Zacks Consensus Estimate of $0.66 per share. This compares to earnings of $0.76 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -83.33%. A quarter ago, it was expected that this holding company for Five Star Bank would post earnings of $0.73 per share when it actually produced earnings of $0.61, delivering a surprise of -16.44%.Over ...