Financial Institutions, Inc. Announces Quarterly Cash Dividend
Financial Institutions, Inc. (NASDAQ:FISI) has declared a quarterly cash dividend of $0.29 per common share, alongside dividends of $0.75 for Series A preferred stock and $2.12 for Series B-1 preferred stock. The dividends are payable on July 5, 2022, to shareholders on record as of June 17, 2022. This announcement reflects the company's ongoing commitment to providing returns to its shareholders while engaging in diversified financial services through its subsidiaries, including Five Star Bank.
- Quarterly cash dividend of $0.29 per common share announced, indicating strong financial health.
- Dividends of $0.75 on Series A and $2.12 on Series B-1 preferred stock show commitment to shareholder returns.
- None.
WARSAW, N.Y., May 25, 2022 (GLOBE NEWSWIRE) -- Financial Institutions, Inc. (NASDAQ:FISI) (the “Company”), parent company of Five Star Bank, SDN Insurance Agency, LLC (“SDN”), Courier Capital, LLC (“Courier Capital”) and HNP Capital, LLC (“HNP Capital”), announced today that its Board of Directors has approved a quarterly cash dividend of
The Company also announced dividends of
About Financial Institutions, Inc.
Financial Institutions, Inc. provides diversified financial services through its subsidiaries Five Star Bank, SDN, Courier Capital and HNP Capital. Five Star Bank provides a wide range of consumer and commercial banking and lending services to individuals, municipalities and businesses through a network of more than 45 offices throughout Western and Central New York State and a commercial loan production office in Ellicott City (Baltimore), Maryland. SDN provides a broad range of insurance services to personal and business clients. Courier Capital and HNP Capital provide customized investment management, investment consulting and retirement plan services to individuals, businesses, institutions, foundations and retirement plans. Financial Institutions, Inc. and its subsidiaries employ more than 600 individuals. The Company’s stock is listed on the Nasdaq Global Select Market under the symbol FISI. Additional information is available at www.fiiwarsaw.com.
For additional information contact:
Shelly J. Doran
(585) 627-1362
sjdoran@five-starbank.com