Financial Institutions, Inc. 4.375% 15-OCT-2030Financial Institutions, Inc. 4.375% 15-OCT-2030Financial Institutions, Inc. 4.375% 15-OCT-2030

Financial Institutions, Inc. 4.375% 15-OCT-2030

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FISI5151041 analysis



Key facts


Issue date
Oct 7, 2020
Maturity date
Oct 15, 2030
Outstanding amount
‪35.00 M‬USD
Face value
1,000.00USD
Minimum denomination
100,000.00USD
Coupon
4.38% (Variable)
Yield to maturity
7.22%
Financial Institutions, Inc. is a holding company, which engages in the provision of financial services. It operates through the following segments: Banking, Non-Banking, and Holding Company and Other. The Banking segment includes retail and commercial banking operations. The Non-Banking segment consists of the activities of SDN, a full-service insurance agency that offers insurance services to both personal and business clients, and Courier Capital, an investment advisor and wealth management firm that delivers customized investment management, investment consulting, and retirement plan services to individuals, businesses, institutions, foundations, and retirement plans. The company was founded in 1931 and is headquartered in Warsaw, NY.
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