Financial Institutions traded at $40.62 this Friday July 24th, increasing $1.90 or 4.91 percent since the previous trading session. Looking back, over the last four weeks, Financial Institutions gained 4.96 percent. Over the last 12 months, its price rose by 55.87 percent. Looking ahead, we forecast Financial Institutions to be priced at 39.76 by the end of this quarter and at 37.30 in one year, according to Trading Economics global macro models projections and analysts expectations.
Financial Institutions, Inc. is a financial holding company. The Company operates through one segment: Banking, which includes all of its retail and commercial banking operations. The Company provides diversified financial services through its subsidiaries Five Star Bank (the Bank), SDN Insurance Agency, LLC (SDN), Courier Capital, LLC (Courier Capital) and HNP Capital, LLC (HNP Capital). The Bank provides a range of consumer and commercial banking and lending services to individuals, municipalities, and businesses through a network of approximately 45 offices throughout Western and Central New York State. Its indirect lending network includes relationships with franchised automobile dealers. SDN provides a range of insurance services to personal and business clients. Courier Capital and HNP Capital provides customized investment management, investment consulting and retirement plan services to individuals, businesses, institutions, foundations, and retirement plans.