Previous close | 17.42 |
Open | 17.21 |
Bid | 17.45 x 100 |
Ask | 17.72 x 100 |
Day's range | 16.95 - 17.64 |
52-week range | 13.84 - 23.11 |
Volume | |
Avg. volume | 48,751 |
Market cap | 271.865M |
Beta (5Y monthly) | N/A |
PE ratio (TTM) | 5.59 |
EPS (TTM) | 3.15 |
Earnings date | 26 Apr 2024 |
Forward dividend & yield | 1.20 (6.89%) |
Ex-dividend date | 14 Mar 2024 |
1y target est | 21.63 |
Financial Institutions (FISI) delivered earnings and revenue surprises of -83.33% and 1%, respectively, for the quarter ended March 2024. Do the numbers hold clues to what lies ahead for the stock?
Significant Financial Impact Noted as Company Misses Analyst Projections
WARSAW, N.Y., April 25, 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 first quarter ended March 31, 2024. Net income was $2.1 million in the first quarter of 2024, compared to $9.8 million in the fourth quarter of 2023 and $12.1 million in the first quarter of 2023. After preferred dividends, net