8-KFiled Aug 25, 8:00 PM ET

Financial Institutions, Inc. Declares Cash Dividends Payable Oct 2, 2026

$FISI · FINANCIAL INSTITUTIONS INC

Research Summary

AI-generated summary of this SEC filing

Updated

Financial Institutions, Inc. Declares Cash Dividends Payable Oct 2, 2026

What Happened
On August 26, 2026 Financial Institutions, Inc. (FISI) announced that its Board of Directors declared cash dividends. The Board declared a $0.32 per common share dividend and dividends on its preferred series: $0.75 per share on Series A (3% Preferred) and $2.12 per share on Series B-1 (8.48% Preferred). All dividends are payable October 2, 2026 to shareholders of record as of September 15, 2026. The announcement was furnished as a press release (Exhibit 99.1) on Form 8-K (Item 7.01).

Key Details

  • Common dividend: $0.32 per common share, declared Aug 26, 2026.
  • Preferred dividends: $0.75 per share (Series A, 3%) and $2.12 per share (Series B-1, 8.48%).
  • Record date: September 15, 2026; Payment date: October 2, 2026.
  • Disclosure filed on Form 8-K under Item 7.01 (Regulation FD disclosure); press release furnished as Exhibit 99.1.

Why It Matters
This declaration provides income to holders of FISI common and preferred shares who are recorded as shareholders on the September 15 record date. For income-focused investors, the preferred series payments reflect their stated rates (3% and 8.48%), while the common dividend of $0.32 is a board-declared cash distribution. The filing is a formal regulatory disclosure of the dividend — it does not report earnings or other operational changes.