Financial Institutions, Inc. Increases Quarterly Common Stock Dividend by 3.2% to $0.32

Core Viewpoint - Financial Institutions, Inc. announced a quarterly cash dividend increase to $0.32 per share, reflecting strong profitability and a commitment to returning capital to shareholders [1][2]. Dividend Details - The quarterly cash dividend of $0.32 represents a 3.7% yield based on a closing share price of $34.43 and a payout ratio of 35% of 2025 net income available to common stockholders per diluted share [2]. - The company also declared 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, payable on April 2, 2026 [3]. Company Overview - Financial Institutions, Inc. is a financial holding company with approximately $6.3 billion in assets as of December 31, 2025, providing banking and wealth management services [4]. - Its subsidiary, Five Star Bank, offers consumer and commercial banking services across Western and Central New York, while Courier Capital, LLC provides investment management and financial planning services [4].