Financial Institutions, Inc. Announces Quarterly Cash Dividend
Financial Institutions, Inc. (NASDAQ: FISI), the parent company of Five Star Bank and Courier Capital, recently shared some positive news regarding its financial strategy. The company's Board of Directors has approved a quarterly cash dividend of $0.31 per outstanding common share. This decision, effective as of a recent board meeting, marks an essential step in ensuring that shareholders receive consistent returns on their investments.
Details on Preferred Stock Dividends
In addition to the common stock cash dividend, Financial Institutions, Inc. has also declared dividends for its preferred stocks. Shareholders can expect $0.75 per share on its Series A 3% preferred stock and a noteworthy amount of $2.12 per share on its Series B-1 8.48% preferred stock. These dividends reflect the company's commitment to rewarding its diverse pool of investors.
Payment Schedule for Shareholders
Shareholders should mark their calendars, as all declared dividends are set to be payable on January 2, 2026. To qualify for these dividends, shareholders will need to be on record by December 15, 2025. This timeline allows investors to prepare and ensures a smooth distribution of dividends.
Understanding Financial Institutions, Inc.
Financial Institutions, Inc. (NASDAQ: FISI) stands as a robust financial holding company with around $6.3 billion in assets as recorded in September 2025. The company is known for its diverse array of banking and wealth management products. Its subsidiary, Five Star Bank, delivers essential consumer and commercial banking services, catering to both individual clients and businesses across regions.
Comprehensive Banking and Lending Services
Five Star Bank's reach extends throughout various locations, making it a reliable provider for banking services. They offer various lending options that support individuals, municipalities, and business ventures, ensuring communities thrive through accessible financial solutions.
Courier Capital Services
On the other hand, Courier Capital, LLC specializes in tailored investment management and financial consulting services. Whether guiding individuals, families, businesses, or non-profit organizations, Courier Capital’s expertise ensures that clients receive high-quality service tailored to their unique financial goals.
Contact Information
For further insights and information regarding Financial Institutions, Inc., interested parties are encouraged to reach out to Kate Croft, the Director of Investor Relations and Corporate Communications. She can be contacted at (716) 817-5159 or via email at FISI-Investors@Five-StarBank.com for any investor inquiries.
Frequently Asked Questions
What is the recently declared cash dividend for shareholders?
Financial Institutions, Inc. announced a quarterly cash dividend of $0.31 per common share.
When will the dividends be paid to shareholders?
The declared dividends will be payable on January 2, 2026.
What amounts have been declared for preferred stock dividends?
The company has declared $0.75 per share for Series A preferred stock and $2.12 for Series B-1 preferred stock.
Who should be contacted for investor inquiries?
Kate Croft is the contact person for investor relations and can be reached at (716) 817-5159.
How large is Financial Institutions, Inc.'s asset portfolio?
As of September 2025, Financial Institutions, Inc. has approximately $6.3 billion in assets.
