Financial Institutions Inc. delivered a profitable Q4 2025, posting $20 million in net income on $52.2 million of net interest income. The company saw strong loan growth, improved margins year-over-year, and maintained robust capital ratios following a successful debt issuance.

Financial Institutions, Inc. delivered a strong third quarter in 2025, marked by record net interest income and robust noninterest income. The company achieved significant net interest margin expansion and solid loan and deposit growth, contributing to improved profitability and capital ratios. Credit quality metrics remained solid, with a decrease in annualized net charge-offs to average loans compared to the linked quarter.

Financial Institutions, Inc. announced strong first quarter 2025 results, with net income reaching $16.9 million, a substantial improvement from a net loss in the previous quarter and a significant increase from the prior year. This performance was primarily attributed to the successful investment portfolio restructuring, leading to expanded net interest margin and income, alongside improved credit quality and strategic capital management.

Financial Institutions, Inc. reported a net income of $9.8 million for Q4 2023, a decrease compared to both the previous quarter and the same quarter last year. The company's earnings per diluted share were $0.61, also lower than the previous periods. The results reflect the impact of a higher interest rate environment on funding costs.

Financial Institutions, Inc. reported a net income of $14.0 million for Q3 2023, slightly up from $13.9 million in Q3 2022. Total deposits increased to $5.32 billion, and total loans reached $4.43 billion. The company's credit quality metrics remained strong, with annualized net charge-offs to average loans at 0.14%.

Financial Institutions, Inc. reported a net income of $14.4 million for Q2 2023, with earnings per diluted share at $0.91. The company saw growth in total loans and noninterest income, while managing deposit outflows and margin compression amid a rising interest rate environment. Credit quality remained strong and the company strategically merged its investment advisory firms under Courier Capital.

Financial Institutions, Inc. reported a net income of $12.1 million for the first quarter of 2023, consistent with the previous quarter but lower than the $15.0 million reported in the first quarter of 2022. The company saw strong loan growth, which was offset by funding cost pressures due to the current interest rate environment.

Financial Institutions, Inc. reported a net income of $13.9 million for the third quarter of 2022, compared to $17.2 million in the third quarter of 2021. The company's performance was driven by loan growth and net interest margin expansion, but was impacted by a $4.3 million provision for credit losses.

Financial Institutions, Inc. reported a net income of $15.6 million for the second quarter of 2022, a decrease compared to $20.2 million in the second quarter of 2021. The results reflect strategic investments in personnel and technology, offset by a provision for credit losses, increased salaries and benefits expense, and restructuring charges.

Financial Institutions, Inc. reported a net income of $15.0 million for the first quarter of 2022, a decrease compared to $20.7 million in the first quarter of 2021. The decrease was primarily due to a $2.3 million provision for credit losses and a $2.5 million decrease in revenue related to PPP loans.

Financial Institutions, Inc. reported a net income of $19.6 million for the fourth quarter of 2021, compared to $13.8 million in 2020. The increase in net income was reflected in a $1.2 million benefit for credit losses in the current quarter as compared to a provision of $5.5 million in the fourth quarter of 2020. Pre-tax pre-provision income was the second highest in Company history at $22.6 million, an increase of $1.7 million from the fourth quarter of 2020.

Financial Institutions, Inc. reported a strong third quarter with net income of $17.2 million, an increase from $12.3 million in the third quarter of 2020. The company benefited from a $541 thousand credit loss recovery and saw growth in its loan portfolio, excluding PPP loans. Noninterest income was strong, driven by insurance and wealth subsidiaries, resulting in an efficiency ratio of 58%.

Financial Institutions, Inc. reported a strong second quarter with net income of $20.2 million, up from $11.1 million in the same quarter last year. The increase was driven by a $4.6 million benefit for credit losses compared to a $3.7 million provision in the second quarter of 2020. Pre-tax pre-provision income was $21.0 million, an increase of $3.7 million year-over-year.

Financial Institutions, Inc. reported net income of $20.7 million for the first quarter of 2021, a significant increase compared to $1.1 million in the first quarter of 2020. The company benefited from a positive provision impact, continued growth in net interest income and noninterest income, and cost savings from the enterprise standardization program.

Financial Institutions, Inc. reported net income of $13.8 million for the fourth quarter of 2020, compared to $13.1 million in 2019. Earnings per diluted share were $0.84, up from $0.79 in the previous year. Pre-tax pre-provision income reached a record high of $21.0 million, driven by growth in net interest income and noninterest income.

Financial Institutions, Inc. reported a net income of $12.3 million for the quarter ended September 30, 2020, compared to $12.8 million for the third quarter of 2019. The company achieved a record pre-tax pre-provision income of $19.2 million, driven by growth in net interest income and diversified revenue streams. The results reflect approximately $1.6 million of non-recurring expenses related to branch closures and a staffing reduction.

Financial Institutions, Inc. reported net income of $11.1 million for the second quarter of 2020, a slight decrease compared to $11.4 million for the same period in 2019. The company successfully launched its new digital banking platform and delivered strong net income and pre-tax pre-provision income despite headwinds.

Financial Institutions, Inc. reported a net income of $1.1 million for the first quarter of 2020, a significant decrease compared to $11.5 million in the first quarter of 2019. The results were negatively impacted by a higher provision for credit losses of $13.9 million, driven by the adoption of CECL and the impact of COVID-19.

Financial Institutions, Inc. reported a net income of $13.1 million for the fourth quarter of 2019, compared to $7.5 million in 2018. The results were positively impacted by a reduction in income tax expense of approximately $2.7 million due to tax credit investments. The company's net interest margin expanded to 3.33% due to the repositioning of the balance sheet.