Financial Sector Update for 09/22/2017: FISI

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Top Financial Shares:

JPM: -0.4%

BAC: -0.5%

WFC: -0.1%

C: -0.5%

USB: flat

Financial shares were mainly lower in early trade on Friday.

In financial stocks news, Financial Institutions ( FISI ), the parent company of Five Star Bank, Scott Danahy Naylon and Courier Capital sold more than 1.07 million common shares at an average price of $29.01 per share, raising about $31.0 million in gross proceeds through an "at-the-market" equity offering that closed on Sept. 14.

Shares in the company were unchanged at $27.85 in early trade. The stock has traded between $25.65 and $35.40 over the past 52 weeks.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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This article appears in: Investing , Banking and loans
Referenced Symbols: FISI

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