Financial Institutions, Inc. operates as the holding company for Five Star Bank that provides banking and financial services to individuals, municipalities, and businesses. It operates in two segments, Banking and Non-Banking. The company offers checking and savings account programs, including money market accounts, certificates of deposit, and sweep investments, as well as individual retirement and other qualified plan accounts. It also provides short and medium-term commercial loans for working capital, business expansion, and purchase of equipment; commercial business loans to the agricultural industry for short-term crop production, farm equipment, and livestock financing; commercial mortgage loans to finance the purchase of real property; and one-to-four family residential mortgage loans, home improvement loans, closed-end home equity loans, and home equity lines of credit, as well as consumer loans, such as automobile, recreational vehicle, boat, personal, and deposit account collateralized loans. In addition, the company provides personal insurance, including automobile, homeowners, boat, recreational vehicle, landlord, and umbrella coverage; commercial insurance, such as property, liability, automobile, inland marine, workers compensation, bonds, crop, and umbrella insurance products; and financial services comprising life and disability insurance, Medicare supplements, long-term care, annuities, mutual funds, and retirement programs. Further, it offers customized investment management, investment consulting and advisory, and wealth management services, as well as retirement plan services; and invests in various securities. As of February 28, 2018, the company operated a network of approximately 50 offices throughout Western and Central New York State. Financial Institutions, Inc. was founded in 1817 and is headquartered in Warsaw, New York.
Industry, Sector and Symbol
Industry National commercial banks
Sub-IndustryRegional Banks
SectorFinance
SymbolNASDAQ:FISI
CUSIP31758540
Phone585-786-1100
Debt
Debt-to-Equity Ratio0.11
Current Ratio0.78
Quick Ratio0.78
Price-To-Earnings
Trailing P/E Ratio17.55
Forward P/E Ratio14.19
P/E GrowthN/A
Sales & Book Value
Annual Sales$164.84 million
Price / Sales3.28
Cash Flow$2.6748 per share
Price / Cash12.73
Book Value$23.28 per share
Price / Book1.46
Profitability
EPS (Most Recent Fiscal Year)$1.94
Net Income$33.52 million
Net Margins20.41%
Return on Equity9.10%
Return on Assets0.79%
Miscellaneous
Employees656
Outstanding Shares15,900,000
