Financial Institutions, Inc. filings document the regulatory record of a Nasdaq-listed banking company that operates through Five Star Bank and Courier Capital, LLC. Its 8-K reports disclose quarterly operating results, Regulation FD investor presentations, dividend declarations on common and preferred stock, and material capital actions involving subordinated notes.
Proxy materials cover board elections, executive compensation, shareholder voting matters and governance practices. Other filings address board changes, registered common stock on the Nasdaq Global Select Market, capital structure, debt terms and the financial condition of a company focused on commercial banking, consumer banking and wealth management.
Financial Institutions, Inc. (FISI) reported third-quarter 2026 net income available to common shareholders of $19.6 million, or $0.99 per diluted share, for the quarter ended September 30, 2026. Net income available to common shareholders was down 2.4% year over year, while diluted earnings per share were unchanged.
Net interest income reached $54.3 million, up 4.8% year over year, and net interest margin was 3.70%, up 5 basis points. At September 30, 2026, total loans were $4.86 billion, up 5.8% year over year, and deposits were $5.47 billion, up 2.2%. Noninterest income declined 13.3% to $10.5 million; noninterest expense increased 2.6% to $36.8 million.
The third-quarter provision for credit losses was $3.9 million, and non-performing loans were $38.5 million, or 0.79% of total loans. Common Equity Tier 1 was 11.36%, and tangible common equity to tangible assets was 8.40%. FISI declared a $0.32-per-share dividend, up 3.2% year over year, and repurchased 185,833 shares at an average price of $40.92 during the quarter.
Blake G. Jones, Chief Marketing Officer of Financial Institutions Inc. (FISI), reported a derivative exercise or conversion involving 1,000 restricted stock units and the acquisition of 1,000 common shares on September 25, 2026. The units convert one-for-one; the derivative entry reports 1,000 units following the transaction. In the same report, 360 common shares were delivered or withheld for payment of exercise price or tax liability at a reported $40.23 per share. Jones also reported 236 common shares held indirectly in the 401(k) plan, including 4 acquired under the plan since his last ownership report.
Financial Institutions, Inc. (FISI) reported governance changes following the retirement of director Bruce W. Harting from the boards of the company and its wholly owned subsidiary, Five Star Bank, effective September 1, 2026. His retirement is described as based on his intent to pursue outside interests and not due to any disagreement with the company, its board, management, or its operations, policies or practices.
As a result of his departure, the board size was reduced from thirteen to twelve members. To keep its three board classes approximately equal as required by the Amended and Restated Bylaws, the board reclassified Chair Susan R. Holliday from the class with a term expiring at the 2029 Annual Meeting of Shareholders to the class with a term expiring at the 2028 Annual Meeting. Effective September 3, 2026, she resigned from the 2029 class and was immediately reappointed to the 2028 class, with her service deemed uninterrupted and no change to her role as Chair, committee assignments, or compensation.
FINANCIAL INSTITUTIONS INC (FISI) director Mark Zupan purchased common stock in an open-market transaction. On September 2, 2026, he bought 608 shares at $40.7721 per share, bringing his directly held position to 15,909 shares. No Rule 10b5-1 trading plan is reported for this transaction.
FINANCIAL INSTITUTIONS INC (FISI) announced that its Board of Directors approved regular cash dividends on its common and preferred stock. The company declared a $0.32 per common share quarterly cash dividend, a $0.75 per share dividend on its Series A 3% preferred stock, and a $2.12 per share dividend on its Series B-1 8.48% preferred stock.
All dividends are payable on October 2, 2026 to shareholders of record as of September 15, 2026. Financial Institutions, Inc., the parent of Five Star Bank and Courier Capital, LLC, is a financial holding company with $6.3 billion in assets as of June 30, 2026, offering banking and wealth management services primarily in Western and Central New York and the Mid-Atlantic region.
Financial Institutions, Inc. reported improved results for the quarter ended June 30, 2026. Net interest income rose to $53.361 million from $49.122 million a year earlier as total interest expense decreased. Quarterly net income increased to $21.184 million from $17.532 million, and diluted EPS improved to $1.04 from $0.85. For the first six months, net income was $42.169 million versus $34.410 million, with diluted EPS of $2.08 compared with $1.66. The provision for credit losses was $3.108 million for the quarter and $5.347 million year-to-date.
Total assets were $6.335 billion at June 30, 2026, up from $6.274 billion at December 31, 2025, driven mainly by loan growth to $4.705 billion net of allowance for credit losses. Deposits increased to $5.299 billion, and total shareholders’ equity rose to $643.441 million, while accumulated other comprehensive loss widened to $43.349 million due to unrealized losses on available-for-sale securities. The company paid common dividends of $0.32 per share for the quarter.
BlackRock, Inc. filed an amended Schedule 13G reporting its beneficial ownership of common stock of Financial Institutions Inc. BlackRock reports beneficial ownership of 1,632,496 shares, representing 8.3% of the company’s common stock.
BlackRock reports sole voting power over 1,609,217 shares and sole dispositive power over 1,632,496 shares, with no shared voting or dispositive power. The filing notes that various underlying clients and investors have rights to receive dividends or sale proceeds, but no single such person has more than five percent of the outstanding common shares.
Financial Institutions, Inc. reported net income available to common shareholders of $20.8 million, or $1.04 per diluted share, for the quarter ended June 30, 2026, up from $0.85 a year earlier; total net income was $21,184 thousand.
Net interest income was $53,361 thousand and net interest margin was 3.70%. Total loans reached $4.75 billion, up 2.7% from March 31, 2026, while deposits were $5.30 billion, slightly lower quarter-over-quarter but higher year-over-year. Noninterest income was $11.0 million, supported by investment advisory fees as assets under management exceeded $4.0 billion. Asset quality metrics included net charge-offs of 0.11% of average loans and non-performing loans of $39.0 million, or 0.82% of total loans. Regulatory capital ratios continued to exceed well-capitalized requirements, with a tangible common equity ratio of 9.02% and a common equity Tier 1 ratio of 11.44%, and the company paid a quarterly common dividend of $0.32 per share.
Financial Institutions Inc has a significant shareholder, Dimensional Fund Advisors LP, which reports beneficial ownership of 1,002,481 shares of the company’s common stock, representing 5.1% of the outstanding class as of June 30, 2026.
Dimensional has sole voting power over 984,193 shares and sole dispositive power over 1,002,481 shares, with no shared voting or dispositive power. The shares are owned by various investment funds and accounts advised or managed by Dimensional and its subsidiaries; Dimensional states that it may be deemed a beneficial owner for Section 13(d) purposes but disclaims beneficial ownership and notes that, to its knowledge, no single underlying fund holds more than 5% of the class.
HOLLIDAY SUSAN R reported acquisition or exercise transactions in this Form 4 filing.
FINANCIAL INSTITUTIONS INC director Susan R. Holliday reported an equity award and updated holdings of the company’s common stock. She received a grant of 1,282 shares at a stated price of $0.00 per share, increasing her direct ownership to 41,678 shares. A separate entry records 1,000 shares held indirectly in an IRA, reflecting an existing position rather than a new market trade.