Q1 Tangible Book Value Per Share at $28.15
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Apr 23 2026
0mins
Should l Buy FISI?
Reports Q1 tangible book value per share $28.15. Reports Q1 CET1 capital ratio 11.37%."Our first quarter results demonstrate the strength of our community bank franchise, disciplined execution by our team and focus on profitability, which came together to support a more than 28% year-over-year increase in earnings per diluted share, a 27-basis-point year-over-year expansion of return on average assets, and further improvement in our efficiency ratio," said president and CEO Martin Birmingham. "Credit-disciplined loan production remains a priority for our team, and while first quarter originations were offset by higher-than-typical payoffs and paydowns, our pipelines are healthy and continue to build, supporting our confidence in our 5% full year 2026 loan growth target. We also continue to expect full-year charge-off activity to fall within our guided range, even with first quarter's charge-off of a portion of a single commercial exposure, which as previously disclosed has been on nonaccrual status and for which specific reserve was in place. Heading into the second quarter, we remain committed to building full relationships with current and prospective customers, demonstrating continued expense discipline and generating profitable growth in 2026."
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Analyst Views on FISI
Wall Street analysts forecast FISI stock price to fall
2 Analyst Rating
1 Buy
1 Hold
0 Sell
Moderate Buy
Current: 35.410
Low
34.00
Averages
34.50
High
35.00
Current: 35.410
Low
34.00
Averages
34.50
High
35.00
About FISI
Financial Institutions, Inc. is a financial holding company. It provides a full range of banking and related financial services to consumer, commercial and municipal customers through its bank and non-bank subsidiaries. It offers a range of deposits, lending and other financial services to individuals, municipalities and businesses in the Western and Central New York branch network and its Mid-Atlantic commercial loan production office serving the Baltimore and Washington, D.C. region, through its banking subsidiary, Five Star Bank. It offers deposit products, such as checking and NOW accounts, savings accounts, and certificates of deposit. Its indirect lending network includes relationships with franchised automobile dealers in Western and Central New York, the Capital District of New York, and Northern and Central Pennsylvania. It offers customized investment advice, wealth management, investment consulting and retirement plan services through its subsidiary, Courier Capital, LLC.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
FISI Q1 2026 Earnings Call Transcript
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Financial Institutions, Inc. to Release Q1 2026 Earnings Results
- Earnings Release Schedule: Financial Institutions, Inc. will release its first-quarter earnings results for the period ending March 31, 2026, after market close on April 23, 2026, providing essential financial metrics to assess company performance.
- Conference Call Details: Management will host an earnings conference call on April 24, 2026, at 8:30 a.m. Eastern Time, led by CEO Martin K. Birmingham and CFO W. Jack Plants II, aimed at interpreting the earnings report and addressing investor inquiries.
- Participation Method: U.S. participants can access the call by dialing 1-833-470-1428 and entering access code 416712; additionally, a live audio webcast will be available on the company’s website, allowing investors to receive real-time updates.
- Company Overview: Financial Institutions, Inc. is a financial holding company with approximately $6.3 billion in assets as of December 31, 2025, with its subsidiaries providing diverse banking and wealth management services across New York and the Mid-Atlantic region, showcasing strong market competitiveness.
See More
Financial Institutions Announces 3.2% Dividend Increase to $0.32 per Share
- Dividend Increase: Financial Institutions has declared a quarterly dividend of $0.32 per share, marking a 3.2% increase from the previous $0.31, which underscores the company's stable profitability and commitment to shareholder returns.
- Yield Performance: The forward yield of 3.76% not only attracts income-seeking investors but also reflects the company's competitive position in the current market environment, enhancing its appeal.
- Payment Schedule: The dividend is payable on April 2, with a record date of March 13 and an ex-dividend date also on March 13, ensuring shareholders receive their earnings promptly.
- Future Outlook: Financial Institutions projects at least 122 basis points of return on assets (ROA) for 2026, indicating ongoing growth potential in commercial lending, which bolsters investor confidence in the company's long-term development.
See More
Financial Institutions Increases Quarterly Cash Dividend to $0.32
- Dividend Increase: Financial Institutions, Inc. has announced a quarterly cash dividend increase to $0.32 per share, reflecting a $0.01 or 3.2% rise from the previous quarter, which underscores the company's strong profitability in 2025 and robust balance sheet, demonstrating the Board's confidence in sustainable long-term earnings growth.
- Commitment to Shareholders: CEO Martin K. Birmingham emphasized that this dividend increase not only reflects a commitment to returning capital to shareholders but also highlights the company's determination to continue investing in its franchise and supporting communities, aiming to enhance shareholder trust.
- Annual Yield: The $0.32 cash dividend represents a 3.7% annualized yield based on the closing share price of $34.43 on February 11, 2026, with a payout ratio of 35% of net income available to common stockholders per diluted share for 2025, indicating a healthy balance between shareholder returns and profitability maintenance.
- Preferred Stock Dividends: 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, with all dividends payable on April 2, 2026, further enhancing its return capabilities to various shareholder groups.
See More
Financial Institutions Reports Strong Q4 Earnings
- Earnings Per Share: Financial Institutions reported a GAAP EPS of $3.61 for Q4, indicating strong profitability that is likely to positively influence investor confidence.
- Revenue Growth: The company achieved revenue of $244 million in Q4, marking a significant increase compared to the previous year, demonstrating the effectiveness of its business model and sustained market demand.
- Investment Value Analysis: According to Seeking Alpha's quant rating, Financial Institutions is still considered a worthy investment, reflecting market recognition of its future growth potential.
- Historical Performance Review: The historical earnings data for Financial Institutions further supports its stable financial performance, enhancing investor confidence in its long-term investment value.
See More
Financial Institutions, Inc. Schedules Q4 2025 Earnings Call for January 30, 2026
- Earnings Release Schedule: Financial Institutions, Inc. will release its Q4 and full-year 2025 results after market close on January 29, 2026, which is expected to provide critical financial data for investors to assess the company's performance.
- Conference Call Details: Management will host an earnings conference call on January 30, 2026, at 8:30 a.m. Eastern Time, led by CEO Martin K. Birmingham and CFO W. Jack Plants II, aimed at interpreting results and addressing investor inquiries.
- Participation Method: U.S. participants can access the call by dialing 1-833-470-1428 and entering access code 441553; additionally, a live audio webcast will be available on the company's website, enhancing investor engagement.
- Company Background: As of September 30, 2025, Financial Institutions, Inc. had approximately $6.3 billion in assets, with its subsidiaries providing diverse banking and wealth management services, reflecting a solid foundation in the financial services sector.
See More
FISI Q1 2026 Earnings Call Transcript
See More
Financial Institutions, Inc. to Release Q1 2026 Earnings Results
- Earnings Release Schedule: Financial Institutions, Inc. will release its first-quarter earnings results for the period ending March 31, 2026, after market close on April 23, 2026, providing essential financial metrics to assess company performance.
- Conference Call Details: Management will host an earnings conference call on April 24, 2026, at 8:30 a.m. Eastern Time, led by CEO Martin K. Birmingham and CFO W. Jack Plants II, aimed at interpreting the earnings report and addressing investor inquiries.
- Participation Method: U.S. participants can access the call by dialing 1-833-470-1428 and entering access code 416712; additionally, a live audio webcast will be available on the company’s website, allowing investors to receive real-time updates.
- Company Overview: Financial Institutions, Inc. is a financial holding company with approximately $6.3 billion in assets as of December 31, 2025, with its subsidiaries providing diverse banking and wealth management services across New York and the Mid-Atlantic region, showcasing strong market competitiveness.
See More
Financial Institutions Announces 3.2% Dividend Increase to $0.32 per Share
- Dividend Increase: Financial Institutions has declared a quarterly dividend of $0.32 per share, marking a 3.2% increase from the previous $0.31, which underscores the company's stable profitability and commitment to shareholder returns.
- Yield Performance: The forward yield of 3.76% not only attracts income-seeking investors but also reflects the company's competitive position in the current market environment, enhancing its appeal.
- Payment Schedule: The dividend is payable on April 2, with a record date of March 13 and an ex-dividend date also on March 13, ensuring shareholders receive their earnings promptly.
- Future Outlook: Financial Institutions projects at least 122 basis points of return on assets (ROA) for 2026, indicating ongoing growth potential in commercial lending, which bolsters investor confidence in the company's long-term development.
See More
Financial Institutions Increases Quarterly Cash Dividend to $0.32
- Dividend Increase: Financial Institutions, Inc. has announced a quarterly cash dividend increase to $0.32 per share, reflecting a $0.01 or 3.2% rise from the previous quarter, which underscores the company's strong profitability in 2025 and robust balance sheet, demonstrating the Board's confidence in sustainable long-term earnings growth.
- Commitment to Shareholders: CEO Martin K. Birmingham emphasized that this dividend increase not only reflects a commitment to returning capital to shareholders but also highlights the company's determination to continue investing in its franchise and supporting communities, aiming to enhance shareholder trust.
- Annual Yield: The $0.32 cash dividend represents a 3.7% annualized yield based on the closing share price of $34.43 on February 11, 2026, with a payout ratio of 35% of net income available to common stockholders per diluted share for 2025, indicating a healthy balance between shareholder returns and profitability maintenance.
- Preferred Stock Dividends: 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, with all dividends payable on April 2, 2026, further enhancing its return capabilities to various shareholder groups.
See More
Financial Institutions Reports Strong Q4 Earnings
- Earnings Per Share: Financial Institutions reported a GAAP EPS of $3.61 for Q4, indicating strong profitability that is likely to positively influence investor confidence.
- Revenue Growth: The company achieved revenue of $244 million in Q4, marking a significant increase compared to the previous year, demonstrating the effectiveness of its business model and sustained market demand.
- Investment Value Analysis: According to Seeking Alpha's quant rating, Financial Institutions is still considered a worthy investment, reflecting market recognition of its future growth potential.
- Historical Performance Review: The historical earnings data for Financial Institutions further supports its stable financial performance, enhancing investor confidence in its long-term investment value.
See More
Financial Institutions, Inc. Schedules Q4 2025 Earnings Call for January 30, 2026
- Earnings Release Schedule: Financial Institutions, Inc. will release its Q4 and full-year 2025 results after market close on January 29, 2026, which is expected to provide critical financial data for investors to assess the company's performance.
- Conference Call Details: Management will host an earnings conference call on January 30, 2026, at 8:30 a.m. Eastern Time, led by CEO Martin K. Birmingham and CFO W. Jack Plants II, aimed at interpreting results and addressing investor inquiries.
- Participation Method: U.S. participants can access the call by dialing 1-833-470-1428 and entering access code 441553; additionally, a live audio webcast will be available on the company's website, enhancing investor engagement.
- Company Background: As of September 30, 2025, Financial Institutions, Inc. had approximately $6.3 billion in assets, with its subsidiaries providing diverse banking and wealth management services, reflecting a solid foundation in the financial services sector.
See More
