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Five Star Bank Officially Opens its Sixth Branch in Greater
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Financial Institutions Inc
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Susan R Holliday Named Chair of the Board of Directors of Financial Institutions, Inc
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Financial Institutions, Inc. Announces Quarterly Cash Dividend WARSAW, NY - May 26, 2021 - Financial Institutions, Inc. (NASDAQ:FISI) (the Company ), parent company of Five Star Bank, SDN Insurance Agency, LLC ( SDN ), Courier Capital, LLC ( Courier Capital ) and HNP Capital, LLC ( HNP Capital ), announced today that its Board of Directors has approved a quarterly cash dividend of $0.27 per outstanding common share. The Company also announced dividends of $0.75 per share on its Series A 3% preferred stock and $2.12 per share on its Series B-1 8.48% preferred stock. All dividends are payable July 2, 2021, to shareholders of record on June 18, 2021. About Financial Institutions, Inc. Financial Institutions, Inc. provides diversified financial services through its subsidiaries Five Star Bank, SDN, Courier Capital and HNP Capital. Five Star Bank provides a wide range of consumer and commercial banking and lending services to individuals, municipalities and bus
Quarterly Results
Earnings per share rose 2440.00% over the past year to $1.27, which beat the estimate of $0.76.
Revenue of $37,857,000 up by 14.29% from the same period last year, which beat the estimate of $36,590,000.
Outlook
Revenue guidance hasn t been issued by the company for now.
Price Action
52-week low: $13.21
Company Profile
Financial Institutions Inc operates as a financial holding company, engages in the provision of a wide range of consumer and commercial banking services to individuals, municipalities, and businesses in Western and Central New York. It operates through the following segments: The Banking segment which includes all of the company s retail and commercial banking operations and All Other includes the activities of SDN, a full-service insurance agency that provides a broad range of insurance services to both personal and business clients.