Financial Institutions, Inc. Increases Quarterly Common Stock Dividend by 3.2% to $0.32

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.

Rhea-AI Summary

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.

Positive

• Common dividend increased by $0.01 (3.2%)
• Dividend yield of 3.7% based on $34.43 closing price
• Payout ratio of 35% of 2025 net income per diluted share

Negative

• Increase amounts to only $0.01 per share (modest raise)
• Preferred dividend obligations of $0.75 and $2.12 remain payable

Argus Feb 13 session

+1.00% close to close Open Argus

Details

News Market Reaction – FISI

On Feb 13, the first trading day after this news, FISI closed 1.00% above the previous close.

Data tracked by StockTitan Argus for the Feb 13 session.

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Cash dividend represents a 3.7% yield and 35% payout ratio

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
klcroft@five-starbank.com

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What did Financial Institutions (FISI) announce about its quarterly common dividend on February 12, 2026?

They approved a $0.32 per share quarterly cash dividend, up $0.01 or 3.2%. According to the company, the increase reflects 2025 profitability, a strong balance sheet, and Board confidence in sustainable earnings growth.

When are the Financial Institutions (FISI) dividends payable and who is eligible?

All declared dividends are payable on April 2, 2026 to shareholders of record as of March 13, 2026. According to the company, both common and preferred shareholders of record on that date will receive the announced payments.

What yield and payout ratio does Financial Institutions (FISI) report for its new dividend?

The annualized $0.32 quarterly dividend implies a 3.7% yield and a 35% payout ratio of 2025 net income per diluted share. According to the company, these figures use the $34.43 closing share price on February 11, 2026.

How much did Financial Institutions (FISI) raise its common dividend and how material is the increase?

The common dividend rose by $0.01, a 3.2% increase from the prior quarter. According to the company, the modest increase reflects confidence in profitability while maintaining capital for the franchise and community support.

What preferred stock dividends did Financial Institutions (FISI) declare on February 12, 2026?

The company declared dividends of $0.75 per share on Series A 3% preferred and $2.12 per share on Series B-1 8.48% preferred. According to the company, these dividends are payable April 2, 2026 to record holders on March 13, 2026.