Financial Institutions (FISI) Misses Q1 EPS by 1c
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Financial Institutions, Inc. Announces First Quarter 2018 Results
April 26, 2018 4:05 PM EDTWARSAW, N.Y., April 26, 2018 (GLOBE NEWSWIRE) -- Financial Institutions, Inc. (Nasdaq: FISI), today reported financial and operational results for the first quarter ended March 31, 2018. Financial Institutions, Inc. (the Company) is the parent company of Five Star Bank (the Bank), Scott Danahy Naylon, LLC (Scott Danahy Naylon or SDN) and Courier Capital, LLC (Courier Capital).
Net income in the quarter was $9.3 million, 17% higher than $7.9 million in the first quarter of 2017. After preferred dividends, net income available to common shareholders was $8.9 million, or $0.56 per diluted share, compared to $7.6 million, or $0.52 per diluted share, in the... More
