Financial Institutions, Inc.(FISI) Announces Q3 Earnings
October 22, 2009 7:39 AM
Financial Institutions, Inc. (Nasdaq: FISI) the parent company of Five Star Bank, announced financial results for the third quarter ended September 30, 2009. Net income for the Company was $3.4M or $0.23 per diluted share for the third quarter of 2009, compared with a net loss of $28.4M or $2.66 per diluted share for the third quarter of 2008. For the first nine months of 2009, net income was $9.0M or $0.57 per diluted share, compared with a net loss of $23.0M or $2.21 per diluted share for the same period last year.
Financial Institutions(FISI) provides diversified financial services through its subsidiaries, Five Star Bank and Five Star Investment Services, Inc. Five Star Bank provides a wide range of consumer and commercial banking services to individuals, municipalities and businesses through a network of over 50 offices and more than 70 ATMs in Western and Central New York State.
