Financial Institutions raises quarterly dividend 2c to 18c per share Financial Institutions announced that its board has approved a 2c per share or 12.5% increase in its quarterly cash dividend to 18c per outstanding common share. The dividend is payable April 2 to shareholders of record as of March 14.
Financial Institutions reports Q4 EPS 54c, consensus 49c Reports Q4 NII $24.2M, two estimates $27.15M. Reports Q4 loan loss provision $1.9M vs. $2.41M a year ago. Reports Q4 charge-offs $1.5M vs. $2.36M a year ago.