Financial Institutions (FISI) Getting Somewhat Favorable Press Coverage, Report Finds

Media stories about Financial Institutions (NASDAQ:FISI) have trended somewhat positive on Thursday, InfoTrie reports. The research group identifies positive and negative news coverage by reviewing more than 6,000 blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. Financial Institutions earned a media sentiment score of 0.88 on their scale. InfoTrie also gave news articles about the bank an news buzz score of 8 out of 10, indicating that recent news coverage is very likely to have an effect on the company’s share price in the near term.

These are some of the media headlines that may have effected Financial Institutions’ analysis:

Shares of NASDAQ:FISI opened at $28.93 on Thursday. The company has a market capitalization of $445.42 million, a P/E ratio of 11.26 and a beta of 0.89. The company has a quick ratio of 0.81, a current ratio of 0.81 and a debt-to-equity ratio of 0.10. Financial Institutions has a one year low of $24.49 and a one year high of $34.35.

Financial Institutions (NASDAQ:FISI) last issued its quarterly earnings data on Thursday, January 31st. The bank reported $0.63 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.58 by $0.05. The business had revenue of $41.38 million during the quarter, compared to the consensus estimate of $40.40 million. Financial Institutions had a net margin of 20.89% and a return on equity of 11.49%. On average, research analysts forecast that Financial Institutions will post 2.62 earnings per share for the current fiscal year.

Several equities analysts recently commented on FISI shares. ValuEngine downgraded shares of Financial Institutions from a “hold” rating to a “sell” rating in a research note on Friday, January 25th. Zacks Investment Research downgraded shares of Financial Institutions from a “hold” rating to a “sell” rating in a research note on Wednesday, October 17th. Finally, BidaskClub raised shares of Financial Institutions from a “strong sell” rating to a “sell” rating in a research note on Saturday, February 9th.

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About Financial Institutions

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.

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