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Financial Institutions: Q4 Earnings Insights


Benzinga | Jan 28, 2021 04:48PM EST

Financial Institutions: Q4 Earnings Insights

Shares of Financial Institutions (NASDAQ:FISI) were unchanged in after-market trading after the company reported Q4 results.

Quarterly Results

Earnings per share rose 6.33% year over year to $0.84, which beat the estimate of $0.70.

Revenue of $36,181,000 higher by 9.07% from the same period last year, which beat the estimate of $35,770,000.

Guidance

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

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

Price Action

Company's 52-week high was at $31.74

52-week low: $12.78

Price action over last quarter: Up 33.22%

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; 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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