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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 3/25/2024 | $23.00 → $19.00 | Overweight → Neutral | Piper Sandler |
| 7/13/2023 | $20.00 | Equal-Weight | Stephens |
| 10/31/2022 | $33.00 → $29.00 | Outperform → Market Perform | Hovde Group |
WARSAW, N.Y., Nov. 20, 2024 (GLOBE NEWSWIRE) -- Financial Institutions, Inc. (NASDAQ:FISI) (the "Company"), parent company of Five Star Bank and Courier Capital, LLC, announced today that its Board of Directors has approved a quarterly cash dividend of $0.30 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 January 2, 2025, to shareholders of record on December 13, 2024. About Financial Institutions, Inc.Financial Institutions, Inc. (NASDAQ:FISI) is an innovative financial holding company with approximately $6.2 billion in assets o
WARSAW, N.Y., Oct. 24, 2024 (GLOBE NEWSWIRE) -- Financial Institutions, Inc. (NASDAQ:FISI) (the "Company," "we" or "us"), parent company of Five Star Bank (the "Bank") and Courier Capital, LLC ("Courier Capital"), today reported financial and operational results for the third quarter ended September 30, 2024. Net income was $13.5 million in the third quarter of 2024, compared to $25.6 million in the second quarter of 2024 and $14.0 million in the third quarter of 2023. After preferred dividends, net income available to common shareholders was $13.1 million, or $0.84 per diluted share, in the third quarter of 2024, compared to $25.3 million, or $1.62 per diluted share, in the second quarte
WARSAW, N.Y., Oct. 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 third quarter ending September 30, 2024 after the market closes on October 24, 2024. Management will host an earnings conference call and audio webcast on October 25, 2024 at 8:30 a.m. Eastern Time. The call will be hosted by Martin K. Birmingham, President and Chief Executive Officer, and W. Jack Plants II, Chief Financial Officer and Treasurer. The live webcast will be available in listen-only mode on the Company's website at www.FISI-Investors.com. Within the United States, listeners may a
ROCHESTER, N.Y., Sept. 18, 2023 (GLOBE NEWSWIRE) -- Financial Institutions, Inc. (NASDAQ:FISI), parent company of Five Star Bank ("Five Star" or the "Bank"), SDN Insurance Agency, LLC, and Courier Capital, LLC announced that Blake Jones has joined as Senior Vice President, Chief Marketing Officer of the Bank. In this role, Ms. Jones will support development of the strategic framework and long-term vision for the Bank. She will lead both marketing and analytics on an enterprise-wide basis, focusing on strategy, brand and performance marketing, and audience insights. Ms. Jones will report to Justin K. Bigham, Executive Vice President, Chief Community Banking Officer. "As Five Star Bank gro
WARSAW, N.Y., Aug. 22, 2022 (GLOBE NEWSWIRE) -- Financial Institutions, Inc. (NASDAQ:FISI) (the "Company" or "we"), parent company of Five Star Bank (the "Bank"), SDN Insurance Agency, LLC, Courier Capital, LLC and HNP Capital, LLC, today announced the appointment of Bruce W. Harting as a new independent member of its Board of Directors, effective immediately. Mr. Harting, who most recently served as Team Chief Investment Officer, Private Wealth Advisor at Rockefeller Capital Management, has dedicated decades of service to his investment banking and equity research clients through many economic cycles during his career. "We are very pleased to welcome Bruce Harting to the Boards of Direc
Piper Sandler downgraded Financial Inst. from Overweight to Neutral and set a new price target of $19.00 from $23.00 previously
Stephens initiated coverage of Financial Inst. with a rating of Equal-Weight and set a new price target of $20.00
Hovde Group downgraded Financial Inst. from Outperform to Market Perform and set a new price target of $29.00 from $33.00 previously
During times of turbulence and uncertainty in the markets, many investors turn to dividend-yielding stocks. These are often companies that have high free cash flows and reward shareholders with a high dividend payout. Benzinga readers can review the latest analyst takes on their favorite stocks by visiting our Analyst Stock Ratings page. Traders can sort through Benzinga's extensive database of analyst ratings, including by analyst accuracy. Below are the ratings of the most accurate analysts for three high-yielding stocks in the financial sector. Hanmi Financial Corporation (NASDAQ:HAFC) Dividend Yield: 5.76% Wedbush analyst David Chiaverini reiterated a Neutral rating with
Financial Institutions (NASDAQ:FISI) reported quarterly earnings of $0.11 per share which beat the analyst consensus estimate of $(0.02) by 650 percent. This is a 85.53 percent decrease over earnings of $0.76 per share from the same period last year. The company reported quarterly sales of $40.082 million which beat the analyst consensus estimate of $39.518 million by 1.43 percent. This is a 4.14 percent decrease over sales of $41.815 million the same period last year.
Keefe, Bruyette & Woods analyst Damon Delmonte maintains Financial Institutions (NASDAQ:FISI) with a Market Perform and lowers the price target from $23 to $20.
8-K - FINANCIAL INSTITUTIONS INC (0000862831) (Filer)
10-Q - FINANCIAL INSTITUTIONS INC (0000862831) (Filer)
8-K - FINANCIAL INSTITUTIONS INC (0000862831) (Filer)
4 - FINANCIAL INSTITUTIONS INC (0000862831) (Issuer)
4 - FINANCIAL INSTITUTIONS INC (0000862831) (Issuer)
4 - FINANCIAL INSTITUTIONS INC (0000862831) (Issuer)
WARSAW, N.Y., Nov. 20, 2024 (GLOBE NEWSWIRE) -- Financial Institutions, Inc. (NASDAQ:FISI) (the "Company"), parent company of Five Star Bank and Courier Capital, LLC, announced today that its Board of Directors has approved a quarterly cash dividend of $0.30 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 January 2, 2025, to shareholders of record on December 13, 2024. About Financial Institutions, Inc.Financial Institutions, Inc. (NASDAQ:FISI) is an innovative financial holding company with approximately $6.2 billion in assets o
WARSAW, N.Y., Nov. 04, 2024 (GLOBE NEWSWIRE) -- Financial Institutions, Inc. (NASDAQ:FISI), parent company of Five Star Bank ("Five Star" or the "Bank") and Courier Capital, LLC, announced that Christopher Campise has joined as Senior Vice President, Chief Information Officer of the Bank. In this role, Mr. Campise will lead the development and implementation of the Bank's technology strategies, systems, and processes, while further enhancing the information technology infrastructure to support the organization's long-term objectives. Mr. Campise will report to W. Jack Plants II, Executive Vice President, Chief Financial Officer and Treasurer. "Chris brings tremendous experience to Five S
WARSAW, N.Y., Oct. 24, 2024 (GLOBE NEWSWIRE) -- Financial Institutions, Inc. (NASDAQ:FISI) (the "Company," "we" or "us"), parent company of Five Star Bank (the "Bank") and Courier Capital, LLC ("Courier Capital"), today reported financial and operational results for the third quarter ended September 30, 2024. Net income was $13.5 million in the third quarter of 2024, compared to $25.6 million in the second quarter of 2024 and $14.0 million in the third quarter of 2023. After preferred dividends, net income available to common shareholders was $13.1 million, or $0.84 per diluted share, in the third quarter of 2024, compared to $25.3 million, or $1.62 per diluted share, in the second quarte
SC 13G/A - FINANCIAL INSTITUTIONS INC (0000862831) (Subject)
SC 13G/A - FINANCIAL INSTITUTIONS INC (0000862831) (Subject)
SC 13G/A - FINANCIAL INSTITUTIONS INC (0000862831) (Subject)