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Financial Institutions: Q1 Earnings Snapshot

Financial Institutions: Q1 Earnings Snapshot

By AP News
Published - Apr 25, 2024, 04:48 PM ET
Last Updated - Apr 25, 2024, 04:48 PM EDT

WARSAW, N.Y. (AP) — WARSAW, N.Y. (AP) — Financial Institutions Inc. (FISI) on Thursday reported net income of $2.1 million in its first quarter.

The Warsaw, New York-based bank said it had earnings of 11 cents per share.

The holding company for Five Star Bank posted revenue of $89.3 million in the period. Its revenue net of interest expense was $51 million, beating Street forecasts.

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