Financial Institutions (FISI) Tops Q3 EPS by 1c
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Financial Institutions, Inc. Announces Third Quarter 2018 Results
October 25, 2018 4:05 PM EDTWARSAW, N.Y., Oct. 25, 2018 (GLOBE NEWSWIRE) -- Financial Institutions, Inc. (Nasdaq: FISI), today reported financial and operational results for the third quarter ended September 30, 2018. Financial Institutions, Inc. (the Company) is the parent company of Five Star Bank (the Bank), Scott Danahy Naylon, LLC (SDN), Courier Capital, LLC (Courier Capital) and HNP Capital, LLC (HNP Capital).
Net income for the quarter was $10.6Â million, 28% higher than $8.3Â million in the third quarter of 2017. After preferred dividends, net income available to common shareholders was $10.2Â million, or $0.64 per diluted share, compared to $7.9Â million, or $0.52 per diluted share, in the third quarter of... More
