Damon Del Monte

Frank Schiraldi

- 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%**.  **[0000862831_2202120_1]** 
- 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**.  **[0000862831_2202120_1]** 
- **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**.  **[0000862831_2202120_3]** 
- 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%**.  **[0000862831_2202120_2]** **[0000862831_2202120_4]** 
- 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.  **[0000862831_2202120_4]** **[0000862831_2202120_5]**

FISI Reports Strong Q3 2025 Results and Raises Full-Year Guidance

- 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.  **[0000862831_2202127_1]** 
- 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.  **[0000862831_2202127_1]** **[0000862831_2202127_2]** 
- 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%).  **[0000862831_2202127_1]** 
- 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**.  **[0000862831_2202127_3]**  Tangible Common Equity (TCE) improved to **8.74%**, and Common Equity Tier 1 increased to **11.15%**.  **[0000862831_2202127_4]**

Financial Institutions Inc. Reports Strong Q3 2025 Results and Raises Full-Year Guidance

- Financial Institutions Inc. (FISI) reported **strong third quarter 2025 financial results**, with **net income available to common shareholders of $20.1 million**, or **$0.99 per diluted share**.  **[0000862831_2202096_1]** 
- The company delivered **balance sheet growth**, including **1.2% loan growth** driven by commercial lending and a **3.9% increase in total deposits**.  **[0000862831_2202096_1]** 
- FISI expanded its net interest margin by **16 basis points** from the linked quarter and saw non-interest income increase by **13.6%** to **$12.1 million**.  **[0000862831_2202096_3]** **[0000862831_2202096_4]** 
- Based on strong year-to-date performance, the company made **several upward revisions to its full-year 2025 guidance**, including expecting **ROAA to exceed 115 basis points** and **ROAE to be greater than 12%**.  **[0000862831_2202096_1]** 
- Capital levels improved, with **TCE at 8.74%** and **Common Equity Tier 1 at 11.15%** at the end of Q3 2025.  **[0000862831_2202096_4]**

- 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**.  **[0000862831_2202196_1]**  The company achieved a **return on average assets (ROAA) of 132 basis points** and a **return on average equity (ROAE) of 13.31%**.  **[0000862831_2202196_1]** 
- The company updated its **full-year 2025 guidance**, now expecting **ROAA to exceed 115 basis points** (up from 110 bps) and **ROAE to be greater than 12%** (up from 11.25%).  **[0000862831_2202196_1]**  Loan growth is anticipated to reach the **high end of the 1% to 3% range**.  **[0000862831_2202196_1]** 
- **Net interest margin expanded 16 basis points** on a linked quarter basis, with the full-year 2025 guidance tightened to between **350 and 355 basis points**.  **[0000862831_2202196_3]**  Non-interest income increased **13.6%** from the linked quarter to **$12.1 million**.  **[0000862831_2202196_3]** 
- Credit quality remains solid, with annualized net charge-offs to average loans at **18 basis points** for Q3 2025, and the company maintains a full-year net charge-off ratio guidance of **25 to 35 basis points**.  **[0000862831_2202196_2]**  Capital ratios improved, with **TCE at 8.74%** and **Common Equity Tier 1 at 11.15%**.  **[0000862831_2202196_4]**

- Financial Institutions, Inc. (FISI) has announced a **new share repurchase program** for up to **1,006,379 shares** of its common stock, which represents approximately **5%** of the Company's outstanding common shares.  **[862831_0001193125-25-211278_fisi-ex99_1.htm:0]** **[862831_0001193125-25-211278_fisi-20250918.htm:1]** 
- This new program, effective **September 18, 2025**, replaces and terminates the prior share repurchase program authorized in June 2022.  **[862831_0001193125-25-211278_fisi-ex99_1.htm:0]** **[862831_0001193125-25-211278_fisi-20250918.htm:1]** 
- The repurchase program has **no expiration date** and allows for repurchases in open market transactions or private transactions.  **[862831_0001193125-25-211278_fisi-ex99_1.htm:0]** **[862831_0001193125-25-211278_fisi-20250918.htm:1]**

Financial Institutions, Inc. Announces New Share Repurchase Program

- Financial Institutions, Inc. declared a cash dividend of **$0.31 per common share**.  **[862831_0000950170-25-111189_fisi-20250825.htm:0]** **[862831_0000950170-25-111189_fisi-ex99_1.htm:0]** 
- The company also announced 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**.  **[862831_0000950170-25-111189_fisi-20250825.htm:0]** **[862831_0000950170-25-111189_fisi-ex99_1.htm:0]** 
- All declared dividends are payable on **October 2, 2025**, to shareholders of record as of **September 15, 2025**.  **[862831_0000950170-25-111189_fisi-20250825.htm:0]** **[862831_0000950170-25-111189_fisi-ex99_1.htm:0]**

Financial Institutions, Inc. Announces Quarterly Cash Dividend

- Financial Institutions, Inc. reported **net income of $13.9 million** and **diluted EPS of $0.88** for **3Q 2022**.  **[0000862831_2201994:9]** **[0000862831_2201994:10]** **[0000862831_2201994:12]** 
- As of **September 30, 2022**, the company held **$5.6 billion in assets**, **$3.9 billion in loans**, and **$4.6 billion in deposits**.  **[0000862831_2201994:1]** 
- Net interest income for **3Q 2022** was **$43.1 million**, representing a **12.5% increase** from 3Q 2021, with a net interest margin of **3.28%**.  **[0000862831_2201994:9]** **[0000862831_2201994:10]** 
- The company is strategically focused on its Banking-as-a-Service (BaaS) initiative, a fee-based line of business, which as of **September 2022**, included **two signed Letters of Intent/MSAs** and **one live partnership**.  **[0000862831_2201994:1]** **[0000862831_2201994:5]** 
- Total loans increased by **2.7%** from June 30, 2022, reaching **$3.87 billion** at the end of **3Q 2022**, with commercial loans growing **6.8%** to **$2.20 billion**.  **[0000862831_2201994:9]**

Financial Institutions, Inc. Reports Third Quarter 2022 Results and Highlights Strategic Growth Initiatives

- **Financial Institutions, Inc. (FISI)** reported **$5.6 billion in assets** and **$5.0 billion in deposits** as of September 30, 2021, with a trailing twelve-month **Return on Average Equity (ROACE) of 15.33%** and **Return on Average Assets (ROAA) of 1.38%**.  **[0000862831_2201995:2]** 
- The company is strategically expanding its presence in the **Buffalo and Rochester urban MSAs** and aims to increase fee-based revenue.  **[0000862831_2201995:3]** **[0000862831_2201995:23]** 
- In 2021, FISI's insurance subsidiary, SDN Insurance Agency, LLC, completed two acquisitions: **Landmark Group** and **North Woods Capital Benefits LLC**, to diversify revenue and enhance its insurance and employee benefits offerings.  **[0000862831_2201995:9]** 
- Five Star Bank launched its **Banking as a Service (BaaS)** capabilities in August 2021, aiming to create new revenue opportunities through partnerships with fintech and wealth management firms.  **[0000862831_2201995:11]** 
- FISI maintained strong asset quality with **Non-Performing Assets (NPAs) at 0.12% of total assets** and **Net Charge-Offs at 0.06% of average loans** as of 3Q'21.  **[0000862831_2201995:20]**

FISI Highlights Strategic Growth and Strong Asset Quality in Investor Presentation

- Financial performance for **Q3 2021** included **net income of $17.2 million** and **diluted earnings per share of $1.05**, both higher than Q3 2020.  **[0000862831_2201996:10]** 
- As of **September 30, 2021**, the company reported **$5.6 billion in assets**, **$3.7 billion in loans**, and **$5.0 billion in deposits**.  **[0000862831_2201996:2]** 
- FISI is diversifying revenue streams through its subsidiaries, including SDN Insurance Agency, which completed two acquisitions in **2021** (Landmark Group and North Woods Capital Benefits LLC), and the launch of its Banking as a Service (BaaS) capabilities in **August 2021**.  **[0000862831_2201996:9]** **[0000862831_2201996:13]** **[0000862831_2201996:15]** 
- The company maintains a strong capital position with a **Leverage Ratio of 8.36%**, a **Tier 1 Capital Ratio of 10.66%**, and a **Total Risk-Based Capital Ratio of 13.25%** as of **September 30, 2021**.  **[0000862831_2201996:22]**

FINANCIAL INSTITUTIONS (FISI)