Earnings summaries and quarterly performance for FINANCIAL INSTITUTIONS.
Executive leadership at FINANCIAL INSTITUTIONS.
Martin K. Birmingham
Detailed
President and Chief Executive Officer
CEO
BG
Blake G. Jones
Detailed
Senior Vice President, Chief Marketing Officer
EW
Eric W. Marks
Detailed
Senior Vice President, Chief Consumer Banking Officer
GA
Gary A. Pacos
Detailed
Senior Vice President, Chief Risk Officer
KB
Kevin B. Quinn
Detailed
Senior Vice President, Chief Commercial Banking Officer
LR
Laurie R. Collins
Detailed
Senior Vice President, Chief Human Resources Officer
SJ
Samuel J. Burruano, Jr.
Detailed
Executive Vice President, Chief Legal Officer and Corporate Secretary
SL
Sandra L. Byers
Detailed
Senior Vice President, Principal Accounting Officer and Controller
WJ
W. Jack Plants II
Detailed
Executive Vice President, Chief Financial Officer and Treasurer
Board of directors at FINANCIAL INSTITUTIONS.
AW
Andrew W. Dorn, Jr.
Detailed
Director
AJ
Angela J. Panzarella
Detailed
Director
BW
Bruce W. Harting
Detailed
Director
DH
Dawn H. Burlew
Detailed
Director
DK
Donald K. Boswell
Detailed
Director
KE
Kim E. VanGelder
Detailed
Director
MA
Mark A. Zupan, PhD
Detailed
Director
RL
Robert L. Schrader
Detailed
Director
RM
Robert M. Glaser
Detailed
Director
RN
Robert N. Latella
Detailed
Director
SR
Susan R. Holliday
Detailed
Chair of the Board
Research analysts who have asked questions during FINANCIAL INSTITUTIONS earnings calls.
Recent press releases and 8-K filings for FISI.
Financial Institutions, Inc. Reports Strong Q4 and Full-Year 2025 Results and Provides 2026 Guidance
FISI
Earnings
Guidance Update
Share Buyback
- Financial Institutions, Inc. (FISI) reported net income available to common shareholders of $19.6 million, or $0.96 per diluted share, for the fourth quarter of 2025, and $73.4 million, or $3.61 per diluted share, for the full year 2025.
- For full-year 2025, the company achieved a return on average assets of 120 basis points and a return on average equity of 12.38%, both exceeding their annual guides.
- The board approved a more than 3% increase to the quarterly dividend and a new share repurchase plan authorizing buybacks of up to 5% of common shares; 1.7% of outstanding shares were repurchased in Q4 2025.
- FISI provided 2026 guidance including a targeted return on average assets of at least 122 basis points, return on average equity exceeding 11.9%, an efficiency ratio below 58%, and annual loan growth of about 5%.
- Total loans increased 4% year-over-year to $4.66 billion in 2025, driven by commercial lending, while total deposits were $5.21 billion at year-end 2025, up 2% year-over-year despite the wind down of banking-as-a-service deposits.
6 days ago
Financial Institutions, Inc. Reports Strong Full-Year 2025 Results and Provides Optimistic 2026 Guidance
FISI
Earnings
Guidance Update
Share Buyback
- Financial Institutions, Inc. (FISI) reported full-year 2025 net income of $73.4 million or $3.61 per diluted share, achieving a return on average assets of 120 basis points and return on average equity of 12.38%.
- For 2026, FISI provided guidance including a targeted return on average assets of at least 122 basis points, return on average equity exceeding 11.9%, and an efficiency ratio below 58%.
- The company expects margin expansion in 2026, targeting a full-year Net Interest Margin (NIM) in the mid-3.60s%, following a 3.62% NIM in Q4 2025.
- FISI announced a more than 3% increase to its quarterly dividend and repurchased 1.7% of outstanding shares in Q4 2025 under a new authorization. An $80 million sub debt offering was also completed.
- Total loans increased 4% year-over-year to $4.66 billion in 2025, with a 2026 target of about 5% annual loan growth driven by commercial lending, while deposits grew 2% year-over-year to $5.21 billion.
6 days ago
FISI Reports Strong Full-Year 2025 Results and Provides 2026 Guidance
FISI
Earnings
Guidance Update
Debt Issuance
- FISI reported full-year 2025 diluted earnings per common share of $3.61, a significant improvement from a loss of $2.75 in 2024, with net income available to common shareholders of $73.4 million.
- For full-year 2025, the company achieved a return on average assets (ROAA) of 1.20% and an efficiency ratio of 58%.
- Total loans grew by 4.0% to $4.66 billion and total deposits increased by 2.0% to $5.21 billion during 2025.
- In Q4 2025, diluted earnings per common share was $0.96, and the Net Interest Margin (NIM) was 3.62%.
- Full-year 2026 guidance includes ~5% annual loan growth, low single-digit deposit growth, and an efficiency ratio below 58%.
6 days ago
Financial Institutions, Inc. Reports Strong Q4 and Full-Year 2025 Results and Provides 2026 Guidance
FISI
Earnings
Guidance Update
Share Buyback
- Financial Institutions, Inc. (FISI) reported net income available to common shareholders of $19.6 million or $0.96 per diluted share for Q4 2025, and $73.4 million or $3.61 per diluted share for the full year 2025.
- For the full year 2025, the company achieved a return on average assets of 120 basis points and a return on average equity of 12.38%, with an efficiency ratio of 58%.
- The board approved a more than 3% increase to the quarterly dividend and a new share repurchase plan authorizing buybacks of up to 5% of common shares in 2025, with 1.7% of outstanding shares repurchased in Q4 2025. The company also completed an $80 million sub debt offering.
- FISI provided 2026 guidance, targeting a return on average assets of at least 122 basis points, return on average equity exceeding 11.9%, an efficiency ratio below 58%, and a full-year Net Interest Margin (NIM) in the mid-3.60s%.
- The company expects annual loan growth of about 5% and low single-digit deposit growth year-over-year in 2026, with low single-digit non-interest expense growth.
6 days ago
Financial Institutions, Inc. Reports Q4 and Full Year 2025 Financial Results
FISI
Earnings
Debt Issuance
Share Buyback
- Financial Institutions, Inc. reported net income available to common shareholders of $19.6 million, or $0.96 per diluted share, for Q4 2025, and $73.4 million, or $3.61 per diluted share, for full year 2025.
- The company achieved record net interest income of $52.2 million for Q4 2025 and $200.0 million for full year 2025, with a full year net interest margin of 3.53%, expanding 67 basis points year-over-year.
- Total loans grew to $4.66 billion at December 31, 2025, an increase of 4.0% from December 31, 2024, driven by 7.5% growth in commercial loans.
- In December 2025, the company completed a private placement of $80.0 million of fixed-to-floating rate subordinated notes and repurchased 336,869 common shares (1.7% of shares outstanding) during Q4 2025.
- Key full-year 2025 financial ratios include a return on average assets of 1.20%, a return on average equity of 12.38%, and an efficiency ratio of 58%.
6 days ago
Financial Institutions, Inc. Reports Q4 and Full Year 2025 Financial Results
FISI
Earnings
Debt Issuance
Share Buyback
- Financial Institutions, Inc. reported net income available to common shareholders of $19.6 million, or $0.96 per diluted share, for the fourth quarter of 2025, and $73.4 million, or $3.61 per diluted share, for the full year 2025.
- The company achieved record quarterly net interest income of $52.2 million and record annual net interest income of $200.0 million for 2025.
- Total loans increased to $4.66 billion at December 31, 2025, up 4.0% from December 31, 2024, and total deposits were $5.21 billion at December 31, 2025, a 2.0% increase from the prior year.
- In the fourth quarter of 2025, the company repurchased 336,869 common shares at an average price of $31.98 per share, representing 1.7% of shares outstanding.
- In December 2025, the Company completed a private placement of $80.0 million of fixed-to-floating rate subordinated notes.
6 days ago
Financial Institutions, Inc. Completes $80.0 Million Subordinated Notes Offering
FISI
Debt Issuance
New Projects/Investments
Guidance Update
- Financial Institutions, Inc. (FISI) completed a private placement of $80.0 million in fixed-to-floating rate subordinated notes due 2035 on December 11, 2025.
- The notes bear interest at 6.50% per annum for the first five years, payable semi-annually, and will then reset quarterly to three-month SOFR plus 312 basis points.
- The company intends to use the net proceeds to redeem $65.0 million of outstanding debt, which currently bears interest rates of approximately 8.17% and 8.11%, and for general corporate purposes.
- This transaction is expected to temporarily elevate the company's Total Risk-Based Capital ratio by approximately 150 basis points at year-end.
Dec 11, 2025, 9:31 PM
Financial Institutions, Inc. Completes $80.0 Million Subordinated Notes Private Placement
FISI
Debt Issuance
- Financial Institutions, Inc. (FISI) completed a private placement of $80.0 million in fixed-to-floating rate subordinated notes due 2035.
- The Notes bear interest at 6.50% per annum until December 15, 2030, after which the rate will reset quarterly to three-month Secured Overnight Financing Rate (SOFR) plus 312 basis points.
- The Notes received a BBB- rating from Kroll Bond Rating Agency, which recently revised the Company’s long-term outlook to Stable.
- The company intends to use the net proceeds to redeem $65.0 million in outstanding debt issuances from 2015 and 2020, which currently bear interest rates of approximately 8.17% and 8.11% respectively, and for general corporate purposes. This action is expected to temporarily elevate the Company’s Total Risk-Based Capital ratio by approximately 150 basis points at year-end.
Dec 11, 2025, 9:30 PM
FISI Reports Strong Q3 2025 Results and Raises Full-Year Guidance
FISI
Earnings
Guidance Update
Share Buyback
- Financial Institutions, Inc. (FISI) reported strong Q3 2025 net income of $20.1 million and $0.99 diluted EPS, with Return on Average Assets (ROAA) at 132 basis points and Return on Average Equity (ROAE) at 13.31%.
- The company raised its full-year 2025 guidance, now expecting ROAA to exceed 115 basis points and ROAE to be greater than 12%, and anticipates achieving the high end of its 1-3% loan growth range.
- Net interest income grew 5.4% to $51.8 million and noninterest income increased 13.6% to $12.1 million from the prior quarter, driven by a 16 basis point expansion in net interest margin.
- Total deposits increased 3.9% to $5.36 billion from June 30, 2025, and the company's capital ratios improved, with Tangible Common Equity (TCE) up 8.74% and Common Equity Tier 1 at 11.15%.
- The Board approved a share repurchase plan, and management expects to target incremental improvement in returns through 2026, with mid-single digit loan growth appropriate for 2026 modeling.
Oct 24, 2025, 12:30 PM
Financial Institutions Inc. Reports Strong Q3 2025 Results and Raises Full-Year Guidance
FISI
Earnings
Guidance Update
Revenue Acceleration/Inflection
- Financial Institutions Inc. reported strong Q3 2025 financial results, with net income available to common shareholders of $20.1 million or $0.99 per diluted share, driven by record quarterly net interest income and increased non-interest income.
- The company achieved 1.2% loan growth, primarily from commercial lending, and a 3.9% increase in total deposits, reaching $5.36 billion at period-end.
- FISI made upward revisions to its full-year 2025 guidance, now expecting Return on Average Assets (ROAA) to exceed 115 basis points (up from 110 basis points) and Return on Average Equity (ROAE) to be greater than 12% (up from 11.25%).
- Net interest margin expanded 16 basis points from the linked quarter, and the full-year 2025 net interest margin guidance was tightened to between 350 and 355 basis points. Tangible Common Equity (TCE) improved to 8.74%, and Common Equity Tier 1 increased to 11.15%.
Oct 24, 2025, 12:30 PM
Quarterly earnings call transcripts for FINANCIAL INSTITUTIONS.
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