Detail akcie Finl Institutns online

Business Summary: Financial Institutions, Inc. is a financial holding company. The Company provides a full range of banking and related financial services to consumer, commercial and municipal customers through its bank and non-bank subsidiaries. It offers a range of deposit, lending and other financial services to individuals, municipalities and businesses in the Western and Central New York branch network and its Mid-Atlantic commercial loan production office serving the Baltimore and Washington, D.C. region, through its banking subsidiary, Five Star Bank. Its indirect lending network includes relationships with franchised automobile dealers in Western and Central New York, the Capital District of New York, and Northern and Central Pennsylvania. It offers customized investment advice, wealth management, investment consulting and retirement plan services through its subsidiary, Courier Capital, LLC.
Financial Summary: BRIEF: For the three months ended 31 March 2024, Financial Institutions Inc interest income increased 23% to $78.4M. Net interest income after loan loss provision increased 21% to $45.5M. Net income applicable to common stockholders decreased 85% to $1.7M. Net interest income after loan loss provision reflects Banking segment increase of 21% to $46.6M. Net income was offset by Banking segment income decrease of 77% to $2.9M.