Financial Institutions Inc (FIISO) company profile
Close on Oct 19, 2026Market cap $775.45MP/E 9.8Yield 3.15%
About Financial Institutions
National Commercial Banks, SIC 6021
The Company operates as a financial holding company through two principal operating subsidiaries: Five Star Bank and Courier Capital LLC. The banking subsidiary provides consumer, commercial, and municipal financial services, offering deposit accounts such as checking, savings, and certificates of deposit, alongside lending products including commercial mortgages, business lines of credit, residential mortgages, and indirect automobile loans. Its investment advisory subsidiary delivers customized investment management, wealth management, investment consulting, and retirement plan services. Core clients comprise individuals, small- to medium-sized commercial enterprises, municipalities, community organizations, institutions, and foundations.
The organization maintains 48 full-service banking branches across fourteen counties in Western and Central New York, complemented by commercial loan production offices in Baltimore, Maryland and Syracuse, New York. In addition, its wealth management operations maintain locations in Buffalo, Rochester, and Jamestown, New York, as well as Pittsburgh, Pennsylvania and Sarasota, Florida. The parent financial holding company is headquartered at 220 Liberty Street, Warsaw, New York.
Summary of the business section of Financial Institutions's latest annual report, written by StockData.
Company profile
Company
- Legal name
- Financial Institutions Inc
- Founded
- 1931
- Headquarters
- Warsaw, NY
- Address
- 220 Liberty Street 14569
- Phone
- (585) 786-1100
- Website
- fisi-investors.com
- Employees
- 631, Dec 31, 2025
- Industry
- National Commercial Banks
- Incorporated in
- New York
- Fiscal year ends
- December 31
- Auditor
- RSM US LLP, Chicago, Illinois
Stock & identifiers
- Ticker
- FIISO
- Other tickers
- FIISP, FISI
- Exchange
- OTC
- IPO date
- Jun 25, 1999
- Shares outstanding
- 20M, Jul 28, 2026
- Public float
- $504.05M, Jun 30, 2025
- Filer category
- Accelerated filer
- SEC CIK
- 862831
- CUSIP
- 317585404
- ISIN
- US3175854047
- EIN
- 16-0816610
Executives and directors
Officers and directors who filed ownership reports (Forms 3, 4, 5) in the last two years
| Name | Position | Shares owned |
|---|---|---|
| Blake G. Jones | Chief Marketing Officer | 876 |
| Gary A. Pacos | Chief Risk Officer | 4,302 |
| Martin Kearney Birmingham | President & CEO | 160,164 |
| William Jack Plants II | Chief Financial Officer | 14,763 |
| Kevin B. Quinn | Chief Comm Banking Officer | 7,039 |
| Samuel J. Burruano Jr | Chief Legal Officer | 16,108 |
| Laurie R. Collins | Chief Human Resources Officer | 9,207 |
| Eric W. Marks | Chief Consumer Banking Officer | 0 |
| Andrew W. Dorn Jr | Director | 40,641 |
| Mark Zupan | Director | 15,909 |
| Kim E. VanGelder | Director | 30,356 |
| Robert N. Latella | Director | 48,849 |
| Dawn H. Burlew | Director | 22,252 |
| Susan R. Holliday | Director | 42,678 |
| Robert L. Schrader | Director | 2,643 |
| Robert M. Glaser | Director | 50,833 |
| Steven C. Finch | Director | 1,282 |
| David Bovenzi | Director | 1,282 |
| Angela J. Panzarella | Director | 6,857 |
| Bruce W. Harting | Director | 7,421 |
| Donald Boswell | Director | 16,656 |
| Samuel M. Gullo | Director | 40,840 |
CEO pay and shareholder return
Pay versus performance table from the proxy statement
| Fiscal year | CEO total pay | CEO pay actually paid | Other executives (avg) | Value of $100 invested | Peer group |
|---|---|---|---|---|---|
| FY2025 | $2.39M | $2.58M | $823.06K | $177 | $160 |
| FY2024 | $1.41M | $1.35M | $530.95K | $148 | $146 |
| FY2023 | $1.47M | $1.30M | $550.38K | $109 | $123 |
| FY2022 | $1.49M | $1.35M | $591.64K | $117 | $123 |
| FY2021 | $1.49M | $1.93M | $526.96K | $146 | $139 |
| FY2020 | $1.46M | $1.15M | $528.01K | $74 | $91 |
“Actually paid” adjusts reported pay for changes in the value of equity awards. Shareholder return assumes $100 invested at the start of the measurement period, as disclosed by the company.
Executive compensation, fiscal 2025
Summary compensation table from the latest proxy statement
| Executive | Salary | Stock awards | Incentive pay | Other | Total | vs. prior year |
|---|---|---|---|---|---|---|
| Martin K. Birmingham President and Chief Executive Officer | $798.24K | $1.02M | $487.54K | $82.82K | $2.39M | +69% |
| W. Jack Plants II EVP, Chief Financial Officer and Treasurer | $410.05K | $320.41K | $197.79K | $36.17K | $964.41K | +56% |
| Samuel J. Burruano, Jr. EVP, Chief Legal Officer & Corporate Secretary | $357.56K | $272.26K | $169.82K | $38.43K | $838.07K | +68% |
| Kevin B. Quinn SVP, Chief Commercial Banking Officer | $325.98K | $274.00K | $157.38K | $52.10K | $809.46K | +47% |
| Laurie R. Collins SVP, Chief Human Resources Officer | $281.67K | $235.07K | $133.62K | $29.93K | $680.30K | +49% |
Stock and option awards are grant-date fair values, not realized pay. “Other” includes pension value changes and all other compensation. Source proxy statement.
Employees
Headcount reported in annual reports
“As of December 31, 2025, we had 631 employees situated across the United States (the “U.S.”).”
Corporate history
Events identified from SEC filings
| Date | Event | Details |
|---|---|---|
| Jan 30, 2026 | Merger | Registration of securities for a merger or exchange offer (S-4) |
| Apr 1, 2024 | Acquisition / sale | Completion of acquisition or disposition of assets (8-K Item 2.01) |
| Nov 30, 2020 | Merger | Registration of securities for a merger or exchange offer (S-4) |
| Mar 22, 2018 | Auditor change | Change in certifying accountant (8-K Item 4.01) |
| Feb 1, 2002 | Merger | Registration of securities for a merger or exchange offer (S-4) |
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