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Stock Market & Financial Investment News

News Breaks
May 28, 2014
16:09 EDTFISIFinancial Institutions to acquire Scott Danahy Naylon insurance agency
Financial Institutions, the parent company of Five Star Bank, announced that it has entered into a definitive agreement to acquire Scott Danahy Naylon Co., a full service insurance agency located in Amherst, NY. SDN provides a broad range of insurance services to both personal and business clients. Upon closing of the acquisition, SDN will operate as a subsidiary of Financial Institutions and an affiliate of Five Star Bank. The transaction is subject to the customary closing and licensing conditions and is expected to close early in the third quarter of 2014.
News For FISI From The Last 14 Days
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January 28, 2015
16:22 EDTFISIFinancial 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.
January 18, 2015
15:02 EDTFISIFinancial Institutions in Assurance of Discontinuance with New York State
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