Financial Institutions: 2Q Earnings Snapshot
WARSAW, N.Y. (AP) _ Financial Institutions Inc. (FISI) on Monday reported second-quarter earnings of $11.4 million.
The Warsaw, New York-based bank said it had earnings of 69 cents per share.
The holding company for Five Star Bank posted revenue of $51.9 million in the period. Its revenue net of interest expense was $41.7 million, surpassing Street forecasts.
Financial Institutions shares have climbed 12% since the beginning of the year. In the final minutes of trading on Monday, shares hit $28.87, a decrease of 11% in the last 12 months.