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Financial Institutions Increases Quarterly Cash Dividend

Story Highlights
  • Financial Institutions, Inc. increased its quarterly cash dividend by 3.3% to $0.31 per common share.
  • Dividends for Series A and B preferred stocks were declared, payable on April 2, 2025.
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Financial Institutions Increases Quarterly Cash Dividend

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Financial Institutions ( (FISI) ) has provided an announcement.

On February 12, 2025, Financial Institutions, Inc. announced a 3.3% increase in its quarterly cash dividend to $0.31 per common share, reflecting the Board’s commitment to shareholder value and confidence in sustainable growth. Additionally, dividends of $0.75 per share on Series A 3% Preferred Stock and $2.12 per share on Series B-1 8.48% Preferred Stock were declared, all payable on April 2, 2025, to shareholders recorded by March 14, 2025.

More about Financial Institutions

Financial Institutions, Inc. (NASDAQ: FISI) is a financial holding company with approximately $6.1 billion in assets as of December 31, 2024, offering banking and wealth management products and services. Its subsidiary, Five Star Bank, provides consumer and commercial banking and lending services across Western and Central New York, as well as a commercial loan production office serving the Mid-Atlantic region. Another subsidiary, Courier Capital, LLC, offers customized investment management, financial planning, and consulting services to various clientele including individuals, businesses, and non-profits.

YTD Price Performance: 4.44%

Average Trading Volume: 129,583

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $545.3M

Find detailed analytics on FISI stock on TipRanks’ Stock Analysis page.

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