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Financial Institutions Inc - $FISI STOCK NEWS

Welcome to our dedicated page for Financial Institutions news (Ticker: $FISI), a resource for investors and traders seeking the latest updates and insights on Financial Institutions stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Financial Institutions's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Financial Institutions's position in the market.

Rhea-AI Summary
Financial Institutions, Inc. reports Q3 2023 financial results with net income of $14.0 million. Total deposits increase by 5.6% and total loans increase by 0.8%. Net interest income decreases by 1.6% and noninterest income decreases by 8.5%. Credit quality metrics remain strong.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.69%
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Rhea-AI Summary
Courier Capital, an SEC-registered investment advisory firm and subsidiary of Financial Institutions, Inc., announces leadership changes. James E. Iglewski is promoted to President, succeeding Thomas J. Hanlon who becomes Executive Vice President of Wealth Management. Both will continue to manage investment portfolios and serve on the firm's investment committee. The new leadership structure aims to support continued growth and provide high-touch service to clients.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.59%
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none
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Rhea-AI Summary
Financial Institutions, Inc. will release Q3 results on October 26, 2023, with an earnings conference call on October 27, 2023. Webcast replay available for 30 days.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.24%
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Rhea-AI Summary
Sonia Dumbleton to retire in March 2024 after 40 years of service to the Company and Sandra Byers promoted to Deputy Controller during the interim
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.48%
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none
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Rhea-AI Summary
Blake Jones joins Five Star Bank as Senior Vice President, Chief Marketing Officer
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.29%
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Rhea-AI Summary
Financial Institutions, Inc. approves quarterly cash dividend of $0.30 per common share and dividends of $0.75 per share on Series A 3% preferred stock and $2.12 per share on Series B-1 8.48% preferred stock.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.68%
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dividends
Rhea-AI Summary
Five Star Bank launches Tap to Pay on iPhone for small business customers, allowing contactless payments through their mobile banking app.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.65%
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partnership
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Rhea-AI Impact
Rhea-AI Sentiment
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-4.22%
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partnership
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Rhea-AI Sentiment
End-of-Day
9.05%
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Rhea-AI Summary
Financial Institutions, Inc. has promoted Scott Bader to Senior Vice President and Chief Information Security Officer of Five Star Bank. Bader will be responsible for the Bank's information and cybersecurity program. He has over 15 years of experience in technology services.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.7%
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Financial Institutions Inc

Nasdaq:FISI

FISI Rankings

FISI Stock Data

291.48M
14.97M
2.61%
63.33%
0.48%
Commercial Banking
Finance and Insurance
Link
United States of America
WARSAW

About FISI

with 200 years of community banking experience and a portfolio exceeding $3 billion in assets, five star bank offers a wide range of consumer and commercial banking services to individuals, municipalities and businesses through a network of over 50 offices and over 60 atms in western and central new york state. we provide our customers a dedicated team of over 600 employees who work together in an environment of trust, integrity, and mutual respect. our customers are at the heart of our organization, where every interaction is an opportunity for us to deliver a friendly, professional, relationship building experience. we take great pride in being a part of each and every community in which we serve. we're committed to giving back to a variety of non-profit organizations, neighborhood charities and countless others. we are proud to be there for you, our customers, wherever, whenever and however you need us. we are five star bank. five star bank and affiliates of its parent company, fina