Financial Institutions, Inc. (FISI)

Financial Institutions, Inc. reported a net income of $20 million for Q4 2025, or $0.96 per diluted share, and a full-year 2025 profit of $74.9 million, or $3.61 per share. The company completed a private placement of $80.0 million of fixed-to-floating rate subordinated notes due 2035. A quarterly dividend of $0.31 per common share was declared on November 17, 2025. During Q4 2025, the company repurchased 336,869 common shares. The stock price gained 0.98% on February 6, 2026, and short interest recently increased by 13.13%.

Financial Institutions, Inc. experiences demand seasonality, particularly concerning its deposits. The company has noted seasonal public deposit outflows and increases in its public deposit portfolio. Total deposits declined by 2.8% from September 30, 2025, to December 31, 2025, due to seasonal public deposit outflows and a reduction in brokered deposits. There are seasonal increases in the public deposit portfolio, particularly in the third quarter, and the company anticipates some seasonality in deposits in the first quarter.

Financial Institutions, Inc. is a financial holding company with approximately $6.3 billion in assets as of September 30, 2025. It operates in the Financials sector and Banks industry, offering banking and wealth management products and services through its subsidiaries, Five Star Bank and Courier Capital, LLC. Five Star Bank provides consumer and commercial banking and lending services, while Courier Capital, LLC specializes in investment management, financial planning, and consulting services. The company also operates a real estate investment trust.

Financial Institutions, Inc. primarily serves customers through banking locations spanning Western and Central New York. Five Star Bank has commercial loan production offices serving the Mid-Atlantic region and Syracuse, N.Y. Its indirect lending network extends to franchised automobile dealers in Western and Central New York, the Capital District of New York, and Northern and Central Pennsylvania.

Financial Institutions, Inc. has a news sentiment score of 0.59, indicating a generally positive news sentiment. The company has an average recommendation of "Hold" from five brokerages, with an average 12-month price objective of $35.33. Recent analyst actions include Piper Sandler restating a "neutral" rating and Keefe, Bruyette & Woods raising their price objective with an "outperform" rating. Wall Street Zen downgraded the stock to "hold," while Zacks Research upgraded it to a "hold."

Institutional investors hold the majority of Financial Institutions, Inc. stock, with over 83.13% held by institutions. Major institutional owners include PL Capital Advisors, LLC, BlackRock, Inc., and Vanguard Group Inc. The Board of Directors includes Susan R. Holliday (Chairman) and Martin K. Birmingham (President and CEO).