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Stock impact report

Financial Institutions Inc (FISI) Q4 2024 Earnings Call Highlights: Navigating Losses and ... [Yahoo! Finance]

Financial Institutions, Inc. (FISI) 
Last financial institutions, inc. earnings: 4/30 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: snl.com/irw/corporateprofile/1016825
Company Research Source: Yahoo! Finance
4 min read In This Article FISI Net Loss: $66.1 million for Q4 2024, or $4.02 per diluted share. Net Loss for 2024: $26 million, or $1.66 per diluted share. Pre-tax Loss from Securities Repositioning: $100.2 million. After-tax Impact of Securities Loss: Approximately $75 million. Equity Offering Proceeds: $108.5 million from $115 million issued capital. Net Interest Margin (NIM): 2.91% for Q4 2024; full year NIM of 2.86%. Commercial Loan Growth: 3.8% during Q4 2024; 4.5% for the full year 2024. Deposits: $5.1 billion at year-end 2024, down $202 million from September 30, 2024. Provision for Credit Losses: $6.5 million in Q4 2024. Allowance for Credit Losses on Loans: Increased to 1.07% as of September 30, 2024. Return on Average Assets Target for 2025: At least 110 basis points. Return on Average Equity Target for 2025: At least 11.25%. Efficiency Ratio Target for 2025: Below 60%. Net Interest Margin Target for 2025: Between 345 and 355 basis points. Show less Read more
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