Feb 12, 2026 (MarketLine via COMTEX) --
The company's Board of Directors approved a quarterly cash dividend of $0.32 per common share, an increase of $0.01 (3.2%) from the prior quarter.
Financial Institutions, Inc. (NASDAQ: FISI) (the "Company"), parent company of Five Star Bank and Courier Capital, LLC, announced that its Board of Directors approved a quarterly cash dividend of $0.32 per outstanding common share, an increase of $0.01, or 3.2%, from the most recent quarter.
"The increase to our quarterly cash dividend reflects our strong profitability in 2025, the strength of our balance sheet today, and our Board's confidence in our ability to sustainably grow earnings over the long-term," said President and Chief Executive Officer Martin K. Birmingham. "This dividend increase also underscores our commitment to returning capital to shareholders while continuing to invest in our franchise and support our communities."
On an annualized basis, the $0.32 cash dividend represents a yield of 3.7% based on the closing share price of $34.43 on February 11, 2026, and a payout ratio of 35% of 2025 net income available to common stockholders per diluted share.
The Company also announced dividends of $0.75 per share on its Series A 3% preferred stock and $2.12 per share on its Series B-1 8.48% preferred stock.
All dividends are payable April 2, 2026, to shareholders of record on March 13, 2026.
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