Insider Trading in Focus: Financial Institutions, Inc. $FISI

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Financial Institutions, Inc. (FISI) insider have most recently took part in a trading activity. On Nov 29, 2017 Boswell Donald, Director bought 359 shares having total worth of $11,991 at the price of $33.4 per share, following the transaction a total of 1,635 shares owned by Boswell Donald.

The stock has experienced a total of 5 insider trades in the past three months. These trades include 5 buy trades. Furthermore, over the past 12 months , the stock was traded 7 times by insiders. In 2 of these trades, the insider was a seller while an employee of the company was the buyer in 5 instances.

Time Frame Number of Insider Buy Number of Insider Sell Stock Price Change(%)
3 Month 5 0 11.53%
12 Month 5 2 33.39%

Shares of Financial Institutions, Inc. (FISI) traded up 3.22% on Nov 29, 2017, hitting $33.7. 58,019 shares of the company’s stock traded hands. Financial Institutions, Inc. has a 52 week low of $23.93 and a 52 week high of $34.57. The company’s market cap is $395 million.

Financial Institutions, Inc. (FISI) last announced its earnings results on Oct 24, 2017. The company reported 0.00 earnings per share (EPS) for the quarter, lower than the consensus estimate of 0.51 by $0.51., compared to the consensus estimate of $29 million. During the same quarter in the previous year, the company posted 0.56 earnings per share. The company’s revenue for the quarter was down 100% on a year-over-year basis.

2017-10-24 2017-07-25 2017-04-25 2017-01-24 2016-10-25 2016-07-26 2016-04-26 2016-01-26 2015-10-27 2015-07-22
earnings per share 0.00 0.40 0.52 0.57 0.56 0.47 0.50 0.44 0.56 0.44
Revenue(M) 0 27.42 27 26.72 26.05 25.2 24.72 24.63 24.13 23.4

Financial Institutions, Inc.was organized in 1931 under the laws of New York State. The company, through its subsidiaries, including its wholly-owned, New York State chartered banking subsidiary, Five Star Bank, Financial Institutions, Inc. provides deposit, lending and other financial services to individuals and businesses in Central and Western New York State. The company offers loans including commercial and agricultural working capital and revolving lines of credit, commercial and agricultural mortgages, equipment loans, crop and livestock loans, residential mortgage loans and home equity loans and lines of credit, home improvement loans, automobile loans and personal loans. In addition to commercial loans secured by real estate, it makes commercial real estate loans to finance the purchase of real property, which generally consists of real estate with completed structures. It participates in government loan guarantee programs offered by the SBA, United States Department of Agriculture, Rural Economic and Community Development and Farm Service Agency, among others. The company offers a variety of loan products to its consumer customers located in Western and Central New York, including home equity loans and lines of credit, automobile loans, secured installment loans and various other types of secured and unsecured personal loans. The company originates fixed and variable rate one-to-four family residential mortgages collateralized by owner-occupied properties located in its market areas. It offers a variety of real estate loan products, which are generally amortized for periods up to 30 years. Loans collateralized by one-to-four family residential real estate generally have been originated in amounts of no more than 80% of appraised value or have mortgage insurance. The company provides a range of consumer and commercial banking and financial services to individuals, municipalities and businesses in counties of Western and Central New York State. The Company faces significant competition in both making loans and attracting deposits, as both Western and Central New York have a high density of financial institutions. Its competition for loans comes principally from commercial banks, savings banks, savings and loan associations, mortgage banking companies, credit unions, insurance companies and other financial service companies.

William White

William White is a financial writer. He graduated with a degree in Economics. He has contributed to major financial websites and print publications for over 8 years. He handles much of this site's news coverage for corporate insider activity, and occasionally cover other areas of financial sector.

About the Author

William White
William White is a financial writer. He graduated with a degree in Economics. He has contributed to major financial websites and print publications for over 8 years. He handles much of this site's news coverage for corporate insider activity, and occasionally cover other areas of financial sector.