Financial Institutions, Inc., through its subsidiaries, provides banking and financial services to consumer, commercial, and municipal customers in New York. The company ...
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$1.26 per share
Est. EPS $1.05 · Revenue $66.55M · 1 analysts
$1.26 per share
Est. EPS $1.06 · Revenue $67.27M · 1 analysts
| Metric | Latest | YoYYoY means Year-over-Year. It compares the latest annual value with the previous annual value to show long-term trend strength. | QoQQoQ means Quarter-over-Quarter. It compares the latest quarter with the immediately previous quarter to show short-term momentum changes. |
|---|---|---|---|
| RevenueThe total money that came through the front door from selling things, before paying a single bill. Think of it as the grand total of every credit card swipe from customers. (YoY compares this year to last year's performance, while QoQ compares the current three months to the previous three). | $377.9M | +43.1% | -66.9% |
| Net IncomeThe absolute bottom line. If the company paid every single supplier, employee, banker, and tax collector, this is the actual money left in their pocket at the end of the day. | $74.9M | +279.8% | +0.9% |
| Gross MarginThe basic markup. If they sell a $100 pair of sneakers, this percentage tells you how much of that price tag is profit right after paying for the rubber and shoelaces, but before paying for things like store rent or TV commercials. | +61.7% | +85.2% | -106.0% |
| Operating MarginThe 'day job' efficiency score. Out of every dollar a customer spends, this shows how many cents the company keeps after making the product AND paying for all the everyday corporate overhead (like salaries, marketing, and keeping the lights on). | +24.2% | +193.7% | -401.8% |
| Net MarginThe final take-home percentage. When you strip away every conceivable cost, tax, and interest payment, this is the exact number of cents the company truly gets to keep from every dollar in sales. | +19.8% | +225.7% | +204.7% |
| Free Cash FlowThe holy grail of corporate cash. It's the spendable, physical money left over after the business pays for its daily operations AND buys the big, expensive upgrades (like new factories or servers) it needs to survive. This is the 'free' money they can use to pay dividends or buy back stock. | $13.3M | -81.6% | -5.3% |
| FCF MarginThe ultimate cash conversion rate. It shows how good the company is at turning regular sales directly into cold, hard, spendable cash. A high percentage means the business is an absolute cash-printing machine. | +3.5% | -87.2% | +185.8% |
| Debt / EquityThe financial risk gauge. It compares how much of the company's empire was built using borrowed money (loans) versus the owners' own money (shareholders). A high number means they are heavily leveraged and playing a riskier game; a low number means they are playing it safe. | 53.1% | +17.8% | +27.2% |
| Current RatioThe 12-month survival check. It simply compares the cash they have right now (plus things they can quickly turn into cash) against the immediate bills they absolutely must pay this year. A score above 1 means they have enough in the wallet to cover the upcoming bills without panicking. | 0.03x | +18.1% | +1113.0% |
| Total AssetsThe absolute size of the company's empire. It bundles together absolutely everything of value they own—from the cash in the register and the inventory in the warehouse, to the software patents in the vault and the factories on the ground. | $6.3B | +2.6% | +0.6% |
| Metric | Annual (A vs E) | Annual Surprise | Quarter (A vs E) | Quarter Surprise |
|---|---|---|---|---|
| EPS Surprise | 3.61 vs 3.57 | +1.1% | 1.05 vs 0.93 | +12.9% |
| Revenue Surprise | $377.9M vs $243.7M | +55.1% | $30.6M vs $63.5M | -51.9% |
| Date | Executive | Title | Security | Side | Shares | Price |
|---|---|---|---|---|---|---|
| Sep 2, 2026 | Zupan Mark | director | Common Stock | A | 608 | $40.77 |
| May 20, 2026 | HOLLIDAY SUSAN R | director | Common Stock | A | 1,282 | — |
| May 20, 2026 | DORN ANDREW W JR | director | Common Stock | A | 1,282 | — |
| May 20, 2026 | VanGelder Kim E | director | Common Stock | A | 1,282 | — |
| May 20, 2026 | HARTING BRUCE W | director | Common Stock | A | 1,282 | — |
Operator : Greetings and welcome to the Financial Institutions' Second Quarter 2026 Earnings Conference Call. As a reminder, this conference is being recorded. It's now my pleasure to introduce Ms. Kate Croft, Director of Investor Relations for the company. Ms. Croft, you may begin. Kate Croft : Thank you for joining us for today's call. Providing prepared comments will be President and CEO, Marty Birmingham; and CFO, Jack Plants. They will be joined by additional members of the company's leadership team during the question-and-answer session. Today's prepared comments and Q&A will include forward-looking statements. Actual results may differ materially from forward-looking statements due to a variety of risks, uncertainties, and other factors. We refer you to yesterday's earnings release and investor presentation, as well as historical SEC filings, which are available on our Investor Relations website for our safe harbor description and a detailed discussion of the risk factors relating to forward-looking statements. We will also discuss certain non-GAAP financial measures intended to supplement and not substitute for comparable GAAP measures. Non-GAAP to GAAP reconciliations can be found in the earnings release filed as an exhibit to Form 8-K or in our latest investor presentation available on our IR website, www.fisi-investors.com. Please note that this call includes information that may only be accurate as of today's date, July 24, 2026. I will now turn the call over to President and CEO, Marty Birmingham. Martin Birmingham : Thank you, Kate. And good morning, everyone. And thank you for joining us today. Our second quarter performance was strong by many measures. Loans increased 2.7% from the end of the first quarter and 4.8% year-over-year, driven by commercial lending in our core Western and Central New York markets. Our ability to effectively manage funding costs supported a 3 basis point improvement to net interest margin from the first quarter. Margin was up 21 basis points from the year ago quarter. Credit quality remained stable and non-interest expenses were flat, allowing revenue growth to drive further improvement in our quarterly efficiency ratio to nearly 55%. Capital levels continue to build, underscoring our capacity to support growth while maintaining a strong risk profile. Common Equity Tier 1 ratio was 11.44%, up 7 basis points from the linked quarter and 60 basis points year-over-year, while our TCE ratio was 9.02%, up 13 and 41 basis points, respectively. Lastly, assets under management in our wealth subsidiary were up 13% during the quarter to reach $4 billion on a combination of positive net flows and market-driven gains. Year-over-year, assets under management was up 19%. Overall, disciplined execution by our lines of business translated to diversified revenue, well-managed expenses, and sustained earnings and profitability. Net income available to common shareholders of $20.8 million was up 1% from the linked …
| Name | Title | Compensation | Gender | Year Born | Status |
|---|---|---|---|---|---|
Martin K. Birmingham | President, Chief Executive Officer & Director | USD 1,311,143 | Male | 1966 | Active |
William Jack Plants | Executive Vice President, Chief Financial Officer & Treasurer | USD 626,001 | Male | 1984 | Active |
Samuel J. Burruano Jr. | Executive Vice President, Chief Legal Officer & Corporate Secretary | USD 543,040 | Male | 1969 | Active |
Kevin Quinn | Senior Vice President & Chief Commercial Banking Officer | USD 514,929 | Male | 1964 | Active |
Laurie R. Collins | Senior Vice President & Chief Human Resources Officer | USD 429,198 | Female | 1984 | Active |
Blake G. Jones | Senior Vice President & Chief Marketing Officer | — | Female | 1982 | Active |
Sandra L. Byers | Senior Vice President, Controller & Principal Accounting Officer | — | Female | 1968 | Active |
Michael David Grover | Senior Vice President, Director of Financial Planning & Analysis and Tax | — | Male | 1972 | Active |
Scott D. Bader | Senior Vice President & Chief Information Security Officer | — | Male | — | Active |
Kate Croft | Director of Investor & External Relations | — | Female | — | Active |
WARSAW, N.Y., Aug. 26, 2026 (GLOBE NEWSWIRE) -- Financial Institutions, Inc. (NASDAQ: FISI) (the “Company”), parent company of Five Star Bank and Courier Capital, LLC, announced that today its Board of Directors approved a quarterly cash dividend of $0.32 per outstanding common share.
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Financial Institutions (FISI) have what it takes?
Does Financial Institutions (FISI) have what it takes to be a top stock pick for momentum investors? Let's find out.
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Financial Institutions (FISI) have what it takes?
Does Financial Institutions (FISI) have what it takes to be a top stock pick for momentum investors? Let's find out.
