Financial Institutions, Inc. reports recurring developments as the parent company of Five Star Bank and Courier Capital, LLC. Company news centers on commercial banking, consumer banking and wealth management activity, including loan and deposit trends, net interest income, noninterest income, profitability metrics and operating results across its banking franchise.
Updates also cover capital management actions such as common and preferred stock dividends, share repurchases, subordinated debt transactions and refinancing activity. The company’s operating disclosures reflect banking services for consumer, commercial and municipal customers in Western and Central New York, with commercial lending activity also extending into the Mid-Atlantic region.
Financial Institutions (NASDAQ: FISI) reported third-quarter 2026 net income available to common shareholders of $19.6 million, down from both comparison quarters. Diluted earnings were $0.99 per share, versus $1.04 in the second quarter and $0.99 a year earlier. Net interest income rose 4.8% year over year to $54.3 million. Tax-equivalent net interest margin was 3.70%, unchanged sequentially and up 5 basis points year over year.
At September 30, loans reached $4.86 billion, up 2.2% sequentially, while deposits increased 3.3% to $5.47 billion. Noninterest income fell 13.3% year over year to $10.5 million, while noninterest expense increased 2.6% to $36.8 million. The efficiency ratio worsened to 56.84% from 55.33% sequentially. During the quarter, the company repurchased 185,833 shares at an average price of $40.92.
Financial Institutions (NASDAQ: FISI) will release third-quarter 2026 results after the market closes on October 29, 2026.
The results cover the quarter ending September 30, 2026. Management will host an earnings conference call and audio webcast on October 30, 2026, at 8:30 a.m. Eastern Time. President and CEO Martin K. Birmingham and CFO and Treasurer W. Jack Plants II will host the call.
Financial Institutions (NASDAQ: FISI)/b) announced that its Board of Directors approved a quarterly cash dividend of , plus 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 on October 2, 2026 to shareholders of record on September 15, 2026. The company reported approximately $6.3 billion in assets as of June 30, 2026 and operates Five Star Bank and Courier Capital, providing banking and wealth management services.
Financial Institutions (NASDAQ:FISI) reported second quarter 2026 net income of $21.2 million and net income available to common shareholders of $20.8 million, or $1.04 per diluted share, flat sequentially and up from $0.85 a year ago.
Return on average assets was 1.35% and return on average equity 13.31%. Net interest income reached a record $53.4 million with net interest margin of 3.70%, up 3 bps QoQ and 21 bps YoY as funding costs declined. Noninterest income was $11.0 million, modestly higher QoQ and YoY, supported by investment advisory fees as Courier Capital’s AUM exceeded $4.0 billion.
Total loans grew 2.7% QoQ to $4.75 billion, led by commercial lending, while deposits were $5.30 billion, down 0.7% QoQ but up 2.8% YoY. The efficiency ratio improved to about 55% as noninterest expense held at $35.6 million. Credit quality metrics included net charge-offs of 0.11% of average loans and an allowance for credit losses equal to 1.00% of total loans. Reported capital ratios included tangible common equity of 9.02% and CET1 of 11.44%.
Financial Institutions (NASDAQ:FISI), parent of Five Star Bank and Courier Capital, plans to release Q2 2026 earnings after market close on July 23, 2026. Management will host an earnings conference call and audio webcast on July 24, 2026 at 8:30 a.m. ET, with a replay available online.
Financial Institutions (NASDAQ:FISI), parent of Five Star Bank and Courier Capital, declared new quarterly dividends. The Board approved a $0.32 cash dividend per common share, $0.75 per Series A 3% preferred share, and $2.12 per Series B-1 8.48% preferred share, payable July 2, 2026 to shareholders of record June 12, 2026.
Financial Institutions, Inc. (NASDAQ: FISI) reported first quarter 2026 net income available to common shareholders of $20.6 million, or $1.04 diluted share. Key metrics: net interest margin 3.67%, return on average assets 1.37%, return on average equity 13.43%, efficiency ratio 57%, total loans $4.63B, and total deposits $5.34B.
The company repurchased 163,197 common shares in Q1 and increased the quarterly dividend to $0.32 per share, while targeting 5% full-year loan growth and reporting disciplined expense management.
Financial Institutions, Inc. (NASDAQ: FISI) will release first-quarter 2026 results for the period ending March 31, 2026, after market close on April 23, 2026. Management will host an earnings conference call and audio webcast on April 24, 2026 at 8:30 a.m. ET.
The call will be led by Martin K. Birmingham, President and CEO, and W. Jack Plants II, CFO and Treasurer. Domestic callers may dial 1-833-470-1428 with access code 416712. A live listen-only webcast and a replay will be available at www.FISI-Investors.com for at least 30 days.
Financial Institutions (NASDAQ: FISI) will release first-quarter 2026 results for the period ending March 31, 2026, after market close on April 23, 2026. Management will host an earnings call and audio webcast on April 24, 2026 at 8:30 a.m. ET.
The call will be led by Martin K. Birmingham, President and CEO, and W. Jack Plants II, CFO and Treasurer. U.S. dial-in is 1-833-461-5787 (meeting ID 208517337). A live listen-only webcast and a replay will be available on the company investor website for at least 30 days.
Financial Institutions, Inc. (NASDAQ: FISI) announced a quarterly cash dividend of $0.32 per common share, an increase of $0.01 or 3.2% from the prior quarter. The annualized dividend implies a 3.7% yield based on the $34.43 closing price on February 11, 2026, and reflects a 35% payout ratio of 2025 net income per diluted share.
The company also declared dividends on preferred series: $0.75 for Series A 3% preferred and $2.12 for Series B-1 8.48% preferred. All dividends are payable April 2, 2026 to shareholders of record on March 13, 2026.