Financial Institutions, Inc. Announces Quarterly Cash Dividend
15 Février 2024 - 10:05PM
Financial Institutions, Inc. (NASDAQ: FISI) (the “Company”), parent
company of Five Star Bank, SDN Insurance Agency, LLC, and Courier
Capital, LLC, announced today that its Board of Directors has
approved a quarterly cash dividend of $0.30 per outstanding common
share.
The Company also announced dividends of $0.75 per share on its
Series A 3% preferred stock and $2.12 per share on its Series B-1
8.48% preferred stock.
All dividends are payable April 2, 2024, to shareholders of
record on March 15, 2024.
About Financial Institutions, Inc.Financial
Institutions, Inc. (NASDAQ: FISI) is an innovative financial
holding company with approximately $6.2 billion in assets offering
banking, insurance and wealth management products and services
through a network of subsidiaries. Its Five Star Bank subsidiary
provides consumer and commercial banking and lending services to
individuals, municipalities and businesses through its Western and
Central New York branch network and its Mid-Atlantic commercial
loan production office serving the Baltimore and Washington, D.C.
region. SDN Insurance Agency, LLC provides a broad range of
insurance services to personal and business clients, while Courier
Capital, LLC offers customized investment management, consulting
and retirement plan services to individuals, businesses,
institutions, foundations and retirement plans. Learn more at
five-starbank.com and FISI-investors.com.
For additional information contact:Kate
CroftDirector of Investor and External Relations (716)
817-5159klcroft@five-starbank.com
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