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Financial Institutions(FISI) - 2025 Q1 - Quarterly Results

The Company reported net income of 16.9millioninthefirstquarterof2025,comparedtoanetlossof16.9 million in the first quarter of 2025, compared to a net loss of 82.8 million in the fourth quarter of 2024 and net income of 2.1millioninthefirstquarterof2024.Afterpreferreddividends,netincomeavailabletocommonshareholderswas2.1 million in the first quarter of 2024. After preferred dividends, net income available to common shareholders was 16.5 million, or 0.81perdilutedshare,inthefirstquarterof2025,comparedtonetlossof0.81 per diluted share, in the first quarter of 2025, compared to net loss of 83.2 million, or (5.07)perdilutedshare,inthefourthquarterof2024,andnetincomeof(5.07) per diluted share, in the fourth quarter of 2024, and net income of 1.7 million, or $0.11 per diluted s ...