Financial Institutions, Inc. announces a quarterly dividend increase to $0.32, reflecting strong profitability and commitment to shareholders.
Quiver AI Summary
Financial Institutions, Inc. has announced a quarterly cash dividend of $0.32 per share, marking a 3.2% increase from the previous quarter, reflecting the company's strong profitability in 2025 and confidence in future growth. CEO Martin K. Birmingham highlighted the firm's commitment to shareholder returns while continuing to invest in its operations and community. The annualized dividend represents a yield of 3.7% based on the recent share price and a 35% payout ratio of 2025 net income. Additionally, the company declared dividends for its preferred stock, all payable on April 2, 2026, to shareholders of record by March 13, 2026. Financial Institutions, Inc. oversees Five Star Bank and Courier Capital, LLC, and has approximately $6.3 billion in assets as of year-end 2025.
Potential Positives
- The Board of Directors has approved a quarterly cash dividend increase of 3.2%, reflecting strong profitability and financial health.
- The annualized dividend yield of 3.7% based on the closing share price indicates a favorable return for shareholders.
- The payout ratio of 35% of net income available to common stockholders suggests a balanced approach to returning capital while retaining resources for growth.
Potential Negatives
- The dividend increase of $0.01 represents a relatively modest increase of only 3.2%, which may indicate limited growth potential and might not meet investor expectations for more substantial growth in dividend payouts.
- The payout ratio of 35% could raise concerns among investors about the balance between returning capital to shareholders and reinvesting in the company's growth opportunities.
- The overall context of the company's financial performance is vague, as it does not address specific challenges or competitive pressures in the market that could impact future profitability and growth.
FAQ
What is the amount of the new dividend declared by Financial Institutions, Inc.?
The Board of Directors approved a quarterly cash dividend of $0.32 per outstanding common share.
When will the new dividend be payable?
The dividend will be payable on April 2, 2026, to shareholders of record on March 13, 2026.
How much has the dividend increased this quarter?
The dividend has increased by $0.01, or 3.2%, from the most recent quarter.
What is the yield of the new dividend based on the share price?
The annualized yield of the $0.32 cash dividend is 3.7% based on the closing share price of $34.43.
What is the payout ratio for the new dividend?
The payout ratio for the new dividend is 35% of 2025 net income available to common stockholders per diluted share.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$FISI Revenue
$FISI had revenues of $64.1M in Q4 2025. This is a decrease of -229.79% from the same period in the prior year.
You can track FISI financials on Quiver Quantitative's FISI stock page.
$FISI Hedge Fund Activity
We have seen 72 institutional investors add shares of $FISI stock to their portfolio, and 61 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- FOURTHSTONE LLC removed 524,459 shares (-61.9%) from their portfolio in Q3 2025, for an estimated $14,265,284
- PROSHARE ADVISORS LLC removed 264,286 shares (-57.5%) from their portfolio in Q4 2025, for an estimated $8,237,794
- AMERICAN CENTURY COMPANIES INC removed 198,651 shares (-79.0%) from their portfolio in Q3 2025, for an estimated $5,403,307
- WELLINGTON MANAGEMENT GROUP LLP added 187,298 shares (+34.1%) to their portfolio in Q3 2025, for an estimated $5,094,505
- ACADIAN ASSET MANAGEMENT LLC added 150,642 shares (+54.7%) to their portfolio in Q4 2025, for an estimated $4,695,511
- RHINO INVESTMENT PARTNERS, INC added 124,208 shares (+129.3%) to their portfolio in Q3 2025, for an estimated $3,378,457
- BANC FUNDS CO LLC removed 104,000 shares (-100.0%) from their portfolio in Q4 2025, for an estimated $3,241,680
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
$FISI Analyst Ratings
Wall Street analysts have issued reports on $FISI in the last several months. We have seen 1 firms issue buy ratings on the stock, and 0 firms issue sell ratings.
Here are some recent analyst ratings:
- Keefe, Bruyette & Woods issued a "Outperform" rating on 10/27/2025
To track analyst ratings and price targets for $FISI, check out Quiver Quantitative's $FISI forecast page.
$FISI Price Targets
Multiple analysts have issued price targets for $FISI recently. We have seen 2 analysts offer price targets for $FISI in the last 6 months, with a median target of $37.0.
Here are some recent targets:
- Manuel Navas from Piper Sandler set a target price of $36.0 on 02/02/2026
- Damon Delmonte from Keefe, Bruyette & Woods set a target price of $38.0 on 02/02/2026
Full Release
WARSAW, N.Y., Feb. 12, 2026 (GLOBE NEWSWIRE) -- Financial Institutions, Inc. (NASDAQ: FISI) (the “Company”), parent company of Five Star Bank and Courier Capital, LLC, announced that its Board of Directors approved a quarterly cash dividend of $0.32 per outstanding common share, an increase of $0.01, or 3.2%, from the most recent quarter.
“The increase to our quarterly cash dividend reflects our strong profitability in 2025, the strength of our balance sheet today, and our Board’s confidence in our ability to sustainably grow earnings over the long-term,” said President and Chief Executive Officer Martin K. Birmingham. “This dividend increase also underscores our commitment to returning capital to shareholders while continuing to invest in our franchise and support our communities.”
On an annualized basis, the $0.32 cash dividend represents a yield of 3.7% based on the closing share price of $34.43 on February 11, 2026, and a payout ratio of 35% of 2025 net income available to common stockholders per diluted share.
The Company also announced dividends of $0.75 per share on its Series A 3% preferred stock and $2.12 per share on its Series B-1 8.48% preferred stock.
All dividends are payable April 2, 2026, to shareholders of record on March 13, 2026.
About Financial Institutions, Inc.
Financial Institutions, Inc. (NASDAQ: FISI) is a financial holding company with approximately $6.3 billion in assets as of December 31, 2025, offering banking and wealth management products and services. Its Five Star Bank subsidiary provides consumer and commercial banking and lending services to individuals, municipalities and businesses through banking locations spanning Western and Central New York and a commercial loan production office serving the Mid-Atlantic region. Courier Capital, LLC offers customized investment management, financial planning and consulting services to individuals and families, businesses, institutions, non-profits and retirement plans. Learn more at Five-StarBank.com and FISI-Investors.com.
For additional information contact:
Kate Croft
Director of Investor Relations and Corporate Communications
(716) 817-5159
[email protected]
