Financial Institutions Inc (FISI) News & EventsFISIFinancial Institutions Inc

Company Reports Q2 Tangible Book Value per Share of $28.72

Reports Q2 tangible book value per share $28.72. Reports Q1 CET1 capital ratio 11.44%. "We delivered another quarter of strong and profitable results, highlighted by annualized loan growth of more than 10%, healthy revenue generation and prudent expense management," said President and Chief Executive Officer Martin Birmingham. "Commercial loan growth was robust, driven by our core Western and Central New York markets, and our pipelines are healthy heading into the second half of the year. In our wealth business, assets under management grew to more than $4.0 billion as of June 30, 2026, as new business activity complemented market performance. Overall, our results continue to reflect disciplined execution by each of our business lines and our commitment to sustainable profitability and long-term value creation."

Q1 Tangible Book Value Per Share at $28.15

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."

Q4 Net Interest Income Reaches $52.2M

Net interest income was $52.2M for Q4, an increase of $422K from Q3, and an increase of $10.6M from Q4 of 2024. Net interest margin was 3.62% in Q4 as compared to 3.65% in Q3, and 2.91% in Q4 of 2024.