FISI on Nasdaq

FINANCIAL INSTITUTIONS INC

American national commercial bank that raised $80 million in 2025 (SEC Form D).

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Last updated Oct 18, 2026.

Overview

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  • TickerFISI on Nasdaq
  • IndustryNational Commercial Banks
  • HeadquartersNY
  • Incorporated inNY2
  • Business address220 Liberty Street, Warsaw, Ny 145692
  • Filer categoryAccelerated filer2

Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Financial statements

Net income34567$74.9M in 2025+53% since 2019
-$50.0M0$50.0M$100.0M2019: $48.9M$48.9M20192020: $38.3M$38.3M2020−22%2021: $77.7M$77.7M2021+103%2022: $56.6M$56.6M2022−27%2023: $50.3M$50.3M2023−11%2024: -$41.6M-$41.6M20242025: $74.9M$74.9M2025

Every line of the income statement as filed: the last 3 fiscal years, latest first.7

Period ending2025-12-312024-12-312023-12-31
Interest and fees on loans$284.3M$282.2M$258.6M
Interest and dividends on investment securities$46.7M$25.4M$23.6M
Other interest income$2.0M$5.6M$3.9M
Total interest income$333.0M$313.2M$286.1M
Deposits$124.3M$140.0M$107.4M
Short-term borrowings$1.9M$3.4M$6.9M
Long-term borrowings$6.8M$6.3M$6.2M
Total interest expense$133.0M$149.6M$120.4M
Net interest income$200.0M$163.6M$165.7M
Provision for credit losses$11.6M$6.2M$13.7M
Net interest income after provision for credit losses$188.4M$157.4M$152.0M
Service charges on deposits$4.4M$4.2M$4.6M
Insurance income$11.0K$2.1M$6.7M
Card Interchange Income$7.8M$7.9M$8.2M
Investment advisory income$11.7M$10.7M$11.0M
Company owned life insurance$11.4M$5.5M$12.1M
Investments in limited partnerships$1.4M$2.4M$1.8M
Loan servicing$692.0K$716.0K$479.0K
Income from derivative instruments, net$2.5M$726.0K$1.4M
Net gain on sale of loans held for sale$737.0K$618.0K$566.0K
Net gain (loss) on investment securities$931.0K-$100.1M-$3.6M
Net (loss) gain on other assets-$506.0K$13.6M-$6.0K
Net loss on tax credit investments-$2.0M-$775.0K-$252.0K
Other$5.9M$5.7M$5.3M
Total noninterest income (loss)$45.0M-$46.7M$48.2M
Salaries and employee benefits$72.8M$66.1M$71.9M
Occupancy and equipment$15.5M$14.4M$14.8M
Professional services$6.5M$7.7M$5.3M
Computer and data processing$23.1M$22.7M$20.1M
Supplies and postage$2.1M$1.9M$1.9M
FDIC assessments$5.1M$5.3M$4.9M
Advertising and promotions$1.8M$1.6M$1.9M
Amortization of intangibles$415.0K$552.0K$910.0K
Provision for litigation settlement$0$23.0M$0
Deposit-related charged-off items$160.0K$20.3M$1.2M
Other$14.5M$15.3M$14.4M
Total noninterest expense$142.0M$178.9M$137.2M
Income (loss) before income taxes$91.4M-$68.1M$63.1M
Income tax expense (benefit)$16.5M-$26.5M$12.8M
Net income (loss)$74.9M-$41.6M$50.3M
Preferred stock dividends$1.5M$1.5M$1.5M
Net income (loss) available to common shareholders$73.4M-$43.1M$48.8M
Basic$3.65-$2.75$3.17
Diluted$3.61-$2.75$3.15
Cash dividends declared per common share$1.24$1.20$1.20
Basic20.1M shares15.7M shares15.4M shares
Diluted20.3M shares15.7M shares15.5M shares

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Leadership

Who has led FINANCIAL INSTITUTIONS INC, and when. Pick a name to see everywhere that person has worked.

Board members and other officers (58)

Timeline

  1. Aug 12, 2013New chief executive Martin Kearney Birmingham becomes CEO11
  2. Jul 28, 2006New chief executive Peter G. Humphrey becomes CEO12

Filings

390 filings to the SEC since October 2021: 5 annual reports, 16 quarterly reports, 76 major events, 233 insider forms, 22 large holders, 1 private raises, 37 other. The latest 20:

  1. Sep 28, 20264 EDGAR
  2. Sep 8, 20268-K EDGAR
  3. Sep 3, 20264 EDGAR
  4. Aug 26, 20268-K EDGAR
  5. Aug 3, 202610-Q EDGAR
  6. Jul 28, 2026SCHEDULE 13G/A EDGAR
  7. Jul 23, 20268-K EDGAR
  8. Jul 14, 2026SCHEDULE 13G EDGAR
  9. Jun 18, 202611-K EDGAR
  10. May 21, 20264 EDGAR
  11. May 21, 20263 EDGAR
  12. May 21, 20264 EDGAR
  13. May 21, 20264 EDGAR
  14. May 21, 20264 EDGAR
  15. May 21, 20263 EDGAR
  16. May 21, 20264 EDGAR
  17. May 21, 20264 EDGAR
  18. May 21, 20264 EDGAR
  19. May 21, 20264 EDGAR
  20. May 21, 20264 EDGAR

The 390 filings since October 2021 can be filtered by form type and year here when JavaScript is on.

Every filing from the last three years, summarized. The full record is on SEC EDGAR.

Insider trades and holders

Large holders

Investors who own more than 5% must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively. 22 such filings since October 2021, the latest 10:

  1. Jul 28, 2026SCHEDULE 13G/A
  2. Jul 14, 2026SCHEDULE 13G
  3. May 15, 2026SCHEDULE 13G/A
  4. Mar 26, 2026SCHEDULE 13G/A
  5. Feb 10, 2026SCHEDULE 13G
  6. Oct 2, 2025SCHEDULE 13D/A
  7. Aug 15, 2025SCHEDULE 13D/A
  8. Jul 15, 2025SCHEDULE 13G/A
  9. Apr 30, 2025SCHEDULE 13G
  10. Apr 15, 2025SCHEDULE 13G

From Forms 4 and Schedules 13D and 13G filed with the SEC.

Money raised

Private offerings the company reported to the SEC on Form D.

  1. Dec 11, 2025Raised $80 million in a private offering of debt Form D: 35 investors so far Form D

Held by these funds

The largest holders among investment managers' 13F reports for the quarter ending Jun 30, 2026, the top 25 of 100. Change is in shares since the quarter before.

FundSharesValueShare of the fundChange
PL Capital Advisors, LLC1,816,102$70.8M19.7%No change
BlackRock, Inc.1,667,260$65.0M0.0%+189,188
Dimensional Fund Advisors LP1,002,481$39.1M0.0%+44,814
Vanguard Capital Management LLC841,166$32.8M0.0%+5,628
Adage Capital Partners Gp, L.l.c.834,969$32.5M0.0%−113,472
State Street Corp592,493$23.3M0.0%+13,374
Geode Capital Management, LLC586,724$22.9M0.0%+18,028
Ategra Capital Management, LLC564,100$22.0M11.7%No change
Two Sigma Investments, LP457,098$17.8M0.0%+182,358
Jpmorgan Chase & Co404,980$15.7M0.0%+162,059
American Century Companies Inc349,611$13.6M0.0%+261,850
Vanguard Portfolio Management LLC263,033$10.3M0.0%+50,106
Aqr Capital Management LLC251,498$9.8M0.0%+93,488
Hillsdale Investment Management Inc.249,200$9.7M0.2%+16,120
Raymond James Financial Inc248,283$9.7M0.0%−100,745
Morgan Stanley234,920$9.2M0.0%−25,807
Goldman Sachs Group Inc216,109$8.4M0.0%−29,066
Alliancebernstein L.P.245,258$7.8M0.0%−7,968
Hotchkis & Wiley Capital Management LLC199,502$7.8M0.0%−2,800
Qube Research & Technologies Ltd193,831$7.6M0.0%+126,187
Bridgeway Capital Management, LLC179,154$7.0M0.1%+7,814
Northern Trust Corp176,215$6.9M0.0%+10,696
Charles Schwab Investment Management Inc162,212$6.3M0.0%+2,031
Canandaigua National Bank & Trust Co154,106$6.0M0.5%New
Palisades Investment Partners, LLC150,826$5.9M1.7%+4,322

13F reports cover disclosed long positions in U.S. stocks only.

Members of Congress who traded it

1 trades disclosed by members of Congress. “Vs S&P since” is the stock’s change since the trade minus the S&P 500’s.

DateMemberTradeAmountVs S&P sinceFiling
Nov 20, 2020Joseph D. MorelleDemocratic, HouseSale$1,001 - $15,000+25.4%Report

Members report amounts as ranges, not exact figures. Returns are price-only (no dividends).

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