Financial Institutions, Inc. Dividend Announcement
Financial Institutions, Inc. (NASDAQ: FISI), the parent company of Five Star Bank and Courier Capital, has recently declared a quarterly cash dividend of $0.31 per outstanding common share. This announcement was made following a meeting of the Board of Directors on November 14, where they took significant steps to reward shareholders.
Dividend Details
In addition to the common share dividend, the Company also declared dividends on its preferred stock, which includes $0.75 per share for Series A 3% preferred stock and $2.12 per share for Series B-1 8.48% preferred stock. These dividends reflect the company’s commitment to returning value to its shareholders and underscore its robust financial position.
Payment Information
Shareholders can expect to receive these dividends on January 2, 2026, providing ample time for those who are on the record by December 15, 2025. Such timing is common in financial reporting and dividend distribution, ensuring that eligible shareholders are rewarded for their investment.
Understanding Financial Institutions, Inc.
Financial Institutions, Inc. operates with approximately $6.3 billion in assets, as per its latest financial disclosures. The Company excels in providing a range of banking and wealth management products tailored to meet diverse client needs. Its Five Star Bank subsidiary serves individuals, municipalities, and businesses with comprehensive banking solutions throughout Western and Central New York and extends services through its commercial loan production office in the Mid-Atlantic region.
Services Offered by Five Star Bank
Five Star Bank is well-regarded for its consumer and commercial banking services. The bank not only provides essential banking services but also includes lending solutions that cater to a variety of clients, establishing its position as a trusted financial partner in the community.
Courier Capital, LLC's Role
Additionally, Courier Capital, LLC is integral to the Company’s offerings by providing tailored investment management, financial planning, and consultancy services. The firm takes pride in delivering customized solutions for individuals, families, businesses, and even non-profit organizations. Their comprehensive approach to wealth management helps clients make informed financial decisions.
Contact Information
For more information, stakeholders can reach out to Kate Croft, the Director of Investor Relations and Corporate Communications, at (716) 817-5159 or via email at FISI-Investors@Five-StarBank.com. This direct line is especially useful for investors seeking further insights into the company’s financial strategies and performance.
Frequently Asked Questions
What is the amount of the recently announced dividend by FISI?
The Company announced a cash dividend of $0.31 per common share.
When will the dividends be paid?
The dividends are scheduled to be paid on January 2, 2026, to shareholders of record on December 15, 2025.
What does FISI stand for?
FISI stands for Financial Institutions, Inc., which holds a diverse range of financial service operations.
Who should I contact for more information about the Company?
For inquiries, you can contact Kate Croft, Director of Investor Relations, at (716) 817-5159.
What services does Five Star Bank offer?
Five Star Bank provides consumer and commercial banking services along with lending solutions tailored to individuals and businesses.
