Financial Institutions, Inc. announces a quarterly cash dividend of $0.31 per share, payable October 2, 2025.
Quiver AI Summary
Financial Institutions, Inc. (FISI), the parent company of Five Star Bank and Courier Capital, announced a quarterly cash dividend of $0.31 per common share, as well as preferred stock dividends of $0.75 for Series A and $2.12 for Series B-1 shares. These dividends are set to be paid on October 2, 2025, to shareholders of record by September 15, 2025. The company, which has approximately $6.1 billion in assets as of June 30, 2025, offers a range of banking and wealth management services through its subsidiaries. Further details can be found on their websites, and inquiries can be directed to the Director of Investor Relations, Kate Croft.
Potential Positives
- The approval of a quarterly cash dividend of $0.31 per outstanding common share reflects the company's commitment to returning value to its shareholders.
- The announcement of dividends on preferred stock indicates strong financial performance and stability, enhancing investor confidence.
- The upcoming dividend payments scheduled for October 2, 2025, signal consistent cash flow and profitability for the company.
- Financial Institutions, Inc.'s assets of approximately $6.1 billion highlight its significant market presence and operational scale in the financial services sector.
Potential Negatives
- The announcement of the cash dividend may indicate limited growth opportunities for the Company, suggesting that it is prioritizing returning capital to shareholders over reinvestment in the business.
- The preference for paying substantial dividends on preferred stock might raise concerns among common shareholders regarding the Company’s financial health and sustainability of growth.
- Investors may interpret the dividend payout amid potential economic pressures as a sign that the Company is not confident in its future earnings prospects.
FAQ
What is the latest dividend announced by Financial Institutions, Inc.?
The Company has approved a quarterly cash dividend of $0.31 per common share.
When will the dividends be paid to shareholders?
All dividends are payable on October 2, 2025, to shareholders of record on September 15, 2025.
What are the preferred stock dividends announced?
Dividends of $0.75 per share on Series A preferred stock and $2.12 per share on Series B-1 preferred stock were announced.
What services does Financial Institutions, Inc. provide?
The Company offers banking, wealth management, investment management, and financial planning services.
How can I contact Investor Relations for more information?
You can contact Kate Croft at (716) 817-5159 or [email protected].
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 Hedge Fund Activity
We have seen 66 institutional investors add shares of $FISI stock to their portfolio, and 83 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- BASSWOOD CAPITAL MANAGEMENT, L.L.C. removed 304,891 shares (-100.0%) from their portfolio in Q1 2025, for an estimated $7,610,079
- FOURTHSTONE LLC added 299,574 shares (+54.8%) to their portfolio in Q2 2025, for an estimated $7,693,060
- PROSHARE ADVISORS LLC added 236,320 shares (+inf%) to their portfolio in Q2 2025, for an estimated $6,068,697
- RHINO INVESTMENT PARTNERS, INC removed 217,045 shares (-69.3%) from their portfolio in Q2 2025, for an estimated $5,573,715
- STATE STREET CORP added 212,549 shares (+68.3%) to their portfolio in Q2 2025, for an estimated $5,458,258
- STIEVEN CAPITAL ADVISORS, L.P. removed 212,017 shares (-94.0%) from their portfolio in Q2 2025, for an estimated $5,444,596
- AZORA CAPITAL LP removed 208,819 shares (-100.0%) from their portfolio in Q2 2025, for an estimated $5,362,471
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
Full Release
WARSAW, N.Y., Aug. 25, 2025 (GLOBE NEWSWIRE) -- Financial Institutions, Inc. (Nasdaq: FISI) (the “Company”), parent company of Five Star Bank and Courier Capital, LLC, announced today that its Board of Directors has approved a quarterly cash dividend of $0.31 per outstanding common 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 October 2, 2025, to shareholders of record on September 15, 2025.
About Financial Institutions, Inc.
Financial Institutions, Inc. (NASDAQ: FISI) is a financial holding company with approximately $6.1 billion in assets as of June 30, 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]
