Financial Institutions, Inc. (Nasdaq: FISI) has announced a quarterly cash dividend of $0.31 per outstanding common share, reflecting a consistent dividend payout since the last period. The company has also declared 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, indicating stability in dividend payments for these classes of stock.
As of March 31, 2025, Financial Institutions, Inc. reported approximately $6.3 billion in assets, showcasing a steady asset position compared to the previous period. Its Five Star Bank subsidiary provides banking and lending services across Western and Central New York, while Courier Capital, LLC offers investment management and financial planning services.
These dividend declarations and asset figures indicate a consistent and stable financial performance for Financial Institutions, Inc. and its subsidiaries. The market has reacted to these announcements by moving the company's shares -0.33% to a price of $25.895. For more information, read the company's full 8-K submission here.