Showing 1-10 of about 62 articles.
Financial Institutions, Inc.
Financial Institutions, Inc. Announces Chief Financial Officer Succession, Appoints Chief Accounting Officer
WARSAW, N.Y., April 15, 2013 (GLOBE NEWSWIRE) -- Financial Institutions, Inc. (Nasdaq:FISI) has named Kevin B. Klotzbach as chief financial officer and executive vice president in addition to his current role as treasurer, effective immediately. In addition, the organization has appointed Michael D. Grover, CPA, to the newly established post of chief accounting officer.
Financial Institutions, Inc.
Financial Institutions, Inc. Announces 12.5% Dividend Increase for First Quarter 2013
WARSAW, N.Y., Feb. 20, 2013 (GLOBE NEWSWIRE) -- Financial Institutions, Inc. (Nasdaq:FISI) (the "Company") announced today that its Board of Directors has approved a $0.02 per share or 12.5% increase in its quarterly cash dividend to $0.18 per outstanding common share. The Company also announced 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. All dividends are payable April 2, 2013 to shareholders of record as of March 14, 2013.
Financial Institutions, Inc.
Financial Institutions, Inc. Reports 7% Increase in Earnings Per Share for the Year Ended December 31, 2012
WARSAW, N.Y., Jan. 30, 2013 (GLOBE NEWSWIRE) -- Today Financial Institutions, Inc. (Nasdaq:FISI) (the "Company"), the parent company of Five Star Bank, reported full year 2012 net income available to common shareholders of $22.0 million, an increase of $2.4 million or 12% from the prior year. Full year 2012 earnings per diluted share was $1.60, up 7% from $1.49 last year. Fourth quarter 2012 net income available to common shareholders was $6.0 million, or $0.43 per diluted share, compared to $3.9 million, or $0.28 per diluted share, for the 2012 third quarter.
Financial Institutions, Inc.
Financial Institutions, Inc. Announces 14% Dividend Increase for Fourth Quarter 2012
WARSAW, N.Y., Nov. 28, 2012 (GLOBE NEWSWIRE) -- Financial Institutions, Inc. (Nasdaq:FISI) (the "Company") announced today that its Board of Directors has approved a $0.02 per share or 14% increase in its quarterly cash dividend to $0.16 per outstanding common share. The Company also announced 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. All dividends are payable January 2, 2013 to shareholders of record on December 17, 2012.
Financial Institutions, Inc.
Financial Institutions, Inc. Reports Third Quarter Results
WARSAW, N.Y., Oct. 24, 2012 (GLOBE NEWSWIRE) -- Today Financial Institutions, Inc. (Nasdaq:FISI) (the "Company"), the parent company of Five Star Bank, announced financial results for the third quarter ended September 30, 2012. Net income was $4.3 million for the third quarter of 2012, bringing the Company's net income for the first nine months of 2012 to $17.1 million. Net income for the third quarter and first nine months of 2011 was $5.5 million and $17.0 million, respectively. After preferred dividends, third quarter earnings per diluted share was $0.28 compared with $0.37 per share for the third quarter of 2011. In the first nine months of 2012 earnings per diluted share increased $0.07 or 6% to $1.16 per share as compared to $1.09 per share for the same period last year.
Financial Institutions, Inc.
Financial Institutions, Inc. Declares Cash Dividend
WARSAW, N.Y., Aug. 22, 2012 (GLOBE NEWSWIRE) -- Financial Institutions, Inc. (Nasdaq:FISI) (the "Company") announced today that its Board of Directors has declared a quarterly cash dividend of $0.14 per share of outstanding common stock. The Company also announced 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. All dividends are payable October 2, 2012 to shareholders of record on September 12, 2012.
Financial Institutions, Inc.
Financial Institutions, Inc. Reports Quarterly Net Income Increase of 16% to $6.7 Million
WARSAW, N.Y., July 25, 2012 (GLOBE NEWSWIRE) -- Financial Institutions, Inc. (Nasdaq:FISI) (the "Company"), the parent company of Five Star Bank, today announced financial results for the second quarter ended June 30, 2012. Net income was $6.7 million for the second quarter of 2012, a 16% increase compared with $5.7 million for the second quarter of 2011, bringing the Company's net income for the first half of 2012 to $12.9 million compared to $11.5 million in 2011. After preferred dividends, second quarter earnings per diluted share was $0.46 compared with $0.39 per share for the second quarter of 2011. On a year to date basis, diluted earnings per share increased $0.16 or 22% to $0.88 per share as compared to $0.72 per share for the same period last year.
Financial Institutions, Inc.
Financial Institutions, Inc. Declares Cash Dividend
WARSAW, N.Y., May 23, 2012 (GLOBE NEWSWIRE) -- Financial Institutions, Inc. (Nasdaq:FISI) (the "Company") announced today that its Board of Directors has declared a quarterly cash dividend of $0.14 per share of outstanding common stock. The Company also announced 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. All dividends are payable July 2, 2012 to shareholders of record on June 13, 2012.
Showing 1-10 of about 62 articles.