---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-26-173676"
form_type: "8-K"
ticker: "FISI"
cik: "0000862831"
company_name: "FINANCIAL INSTITUTIONS INC"
filed_at: "2026-04-23T23:59:59+00:00"
generated_at: "2026-05-15T04:45:00.331144+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Financial Institutions Q1 2026 EPS $1.04, +28% YoY; NIM expands to 3.67%

## Summary
- Net income $21.0M ($1.04 diluted EPS) vs. $16.9M ($0.81) in Q1 2025; EPS up 28.4% YoY.
- Net interest margin 3.67%, up 5 bp linked and 32 bp YoY; net interest income $52.0M.
- Total loans $4.63B (+1.6% YoY); management reaffirms 5% full year 2026 growth target.
- Board approved 3.2% dividend increase to $0.32 per share; repurchased 163,197 shares at avg $31.50.
- ROAA 1.37%, ROATE 15.04%; efficiency ratio 57%; all regulatory capital ratios exceed well-capitalized thresholds.

## SEC filing metadata
- accession: 0001193125-26-173676
- form_type: 8-K
- ticker: FISI
- cik: 0000862831
- company_name: FINANCIAL INSTITUTIONS INC
- filed_at: 2026-04-23T23:59:59+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/862831/000119312526173676/0001193125-26-173676-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/862831/000119312526173676/fisi-20260331.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-26-173676
- JSON: https://secwatch.observer/filing/0001193125-26-173676.json
- Plain text: https://secwatch.observer/filing/0001193125-26-173676.txt

## Key facts
- Earnings Releases
  FINANCIAL INSTITUTIONS INC reported the first quarter ended March 31, 2026 results: net income $21.0 million, EPS $1.04 per diluted share. Guidance reaffirmed.
  - Period: the first quarter ended March 31, 2026
  - Net income: $21.0 million
  - EPS: $1.04 per diluted share
  - Guidance: reaffirmed
  - Result: reported results
  source text: The Company reported net income of $21.0 million in the first quarter of 2026, compared to net income of $20.0 million in the fourth quarter of 2025 and $16.9 million in the first quarter of 2025. After preferred stock dividends, net income available to common shareholders was $20.6 million, or $1.04 per diluted share, in the first quarter of 2026, compared to net income of $19.6 million, or $0.96 per diluted share, in the fourth quarter of 2025, and $16.5 million, or $0.81 per diluted share, in the first quarter of 2025.
  evidence_url: https://www.sec.gov/Archives/edgar/data/862831/000119312526173676/0001193125-26-173676-index.htm

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