---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-25-059293"
form_type: "8-K"
ticker: "FISI"
cik: "0000862831"
company_name: "FINANCIAL INSTITUTIONS INC"
filed_at: "2025-04-28T23:59:59+00:00"
generated_at: "2026-05-23T05:29:52.294836+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Financial Institutions posts Q1 net income of $16.9M ($0.81 EPS); NIM expands to 3.35%

## Summary
- Net income of $16.9M (diluted EPS $0.81) vs net loss of $82.8M ($(5.07)/share) in Q4 2024 and net income of $2.1M ($0.11) in Q1 2024.
- Net interest margin 3.35% (+44 bp QoQ, +57 bp YoY); net interest income $46.9M, up 12.6% from Q4.
- Loans grew $74.1M (1.7%) to $4.55B; deposits up $268.2M (5.3%) to $5.37B, driven by seasonal public deposits.
- Quarterly dividend raised 3.3% to $0.31/share; company called $10M sub-debt (6.00%) in April 2025.
- Provision for credit losses $2.9M vs $6.5M QoQ; net charge-offs 0.21% of avg loans, improved from prior quarters.

## SEC filing metadata
- accession: 0000950170-25-059293
- form_type: 8-K
- ticker: FISI
- cik: 0000862831
- company_name: FINANCIAL INSTITUTIONS INC
- filed_at: 2025-04-28T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/862831/000095017025059293/0000950170-25-059293-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/862831/000095017025059293/fisi-20250331.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-25-059293
- JSON: https://secwatch.observer/filing/0000950170-25-059293.json
- Plain text: https://secwatch.observer/filing/0000950170-25-059293.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.