Financial Institutions, Inc.

Financial Institutions, Inc. (FISI) reported net income of $74.9 million for fiscal year 2025, with net income available to common shareholders of $73.4 million. The company generated $333.0 million in total interest income and $200.0 million in net interest income, while total interest expense was $133.0 million. Noninterest income contributed $45.0 million, primarily from investment advisory income ($11.7M), company owned life insurance ($11.4M), and card interchange income ($7.8M). Total noninterest expense was $142.0 million, with salaries and employee benefits ($72.8M) and computer and data processing ($23.1M) as the largest components. The company maintained strong liquidity with $108.8 million in cash and cash equivalents and total assets of $6.27 billion. Total deposits grew to $5.21 billion, while total shareholders' equity stood at $628.9 million. The company paid $1.5 million in preferred stock dividends and $24.7 million in common stock dividends during the year.

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