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Financial Institutions: Q3 Earnings Insights

Benzinga Insights
·1 min read

Shares of Financial Institutions (NASDAQ:FISI) were flat in after-market trading after the company reported Q3 results.

Quarterly Results

Earnings per share decreased 5.13% over the past year to $0.74, which beat the estimate of $0.48.

Revenue of $35,499,000 higher by 9.28% year over year, which beat the estimate of $33,170,000.

Looking Ahead

Financial Institutions hasn't issued any earnings guidance for the time being.

View more earnings on FISI

Revenue guidance hasn't been issued by the company for now.

Recent Stock Performance

52-week high: $33.28

52-week low: $12.78

Price action over last quarter: Up 7.92%

Company Description

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; The Non-Banking segment includes the activities of SDN, a full-service insurance agency that provides a broad range of insurance services to both personal and business clients. The Banking segment generates the majority of the revenue.

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