Financial Institutions (FISI) Expected to Announce Quarterly Earnings on Monday

Financial Institutions (NASDAQ:FISI) will likely be issuing its Q1 2025 quarterly earnings data after the market closes on Monday, April 28th. Analysts expect the company to announce earnings of $0.74 per share and revenue of $57.14 million for the quarter.

Financial Institutions (NASDAQ:FISI) last issued its quarterly earnings data on Thursday, January 30th. The bank reported $0.54 EPS for the quarter, missing analysts’ consensus estimates of $0.74 by ($0.20). Financial Institutions had a positive return on equity of 11.12% and a negative net margin of 6.69%. On average, analysts expect Financial Institutions to post $3 EPS for the current fiscal year and $4 EPS for the next fiscal year.

Financial Institutions Price Performance

NASDAQ:FISI opened at $23.86 on Friday. The company has a 50 day moving average price of $25.08 and a 200-day moving average price of $26.21. The firm has a market cap of $479.82 million, a price-to-earnings ratio of -16.46 and a beta of 0.68. Financial Institutions has a 1-year low of $16.81 and a 1-year high of $29.79. The company has a debt-to-equity ratio of 0.26, a current ratio of 0.86 and a quick ratio of 0.86.

Financial Institutions Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, April 2nd. Investors of record on Friday, March 14th were issued a $0.31 dividend. This is a boost from Financial Institutions’s previous quarterly dividend of $0.30. The ex-dividend date was Friday, March 14th. This represents a $1.24 dividend on an annualized basis and a yield of 5.20%. Financial Institutions’s dividend payout ratio is presently -85.52%.

Wall Street Analysts Forecast Growth

A number of research firms have weighed in on FISI. StockNews.com upgraded shares of Financial Institutions from a “sell” rating to a “hold” rating in a research report on Tuesday, February 11th. Stephens reaffirmed an “equal weight” rating and set a $32.00 target price on shares of Financial Institutions in a research note on Tuesday, March 11th. Finally, Keefe, Bruyette & Woods upgraded shares of Financial Institutions from a “market perform” rating to an “outperform” rating and increased their target price for the company from $29.00 to $34.00 in a research report on Monday, February 3rd.

About Financial Institutions

Financial Institutions, Inc operates as a holding company for the Five Star Bank, a chartered bank that provides banking and financial services to individuals, municipalities, and businesses in New York. The company provides checking and savings account programs, including money market accounts, certificates of deposit, sweep investments, and individual retirement and other qualified plan accounts, as well as NOW accounts.