FINANCIAL INSTITUTIONS INC
FISI, FIISO, FIISP · National Commercial Banks · 19.7M shares · -1%/yr ↓ buyback · EDGAR filings ↗
Net buyback after stock comp: -$1M (gross $571K, SBC $2M)
Reference price $30.12 · est. market cap ~$593M — last insider purchase, 2026-03-12 (estimated from the dated SEC Form 4 price × shares outstanding — not a live quote)
Grade
B70Financial Institutions Inc — upstate-NY bank with solid returns.
Strengths
- ROE 11.9% (75th pct), ROA (70th)
Risks
- Weak free cash flow (13th)
- Regional concentration
Notable findings
- Exec changeRecent 8-K item 5.02 8-K ↗
- Strong balance sheetStrong balance sheet — $109M cash & investments
Key metrics
Return on equity
11.9%
Return on assets
1.2%
Debt / equity
0.3×
Free cash flow
$13M
Tangible book value
$569M
Cash & investments
$109M
Insider transactions · last 18 months
| Date | Insider | Type | Shares | Price |
|---|---|---|---|---|
| 2026-05-20 | Bovenzi David | Grant | 1.3K | — |
| 2026-05-20 | Bovenzi David | Grant | 391 | $35.10 |
| 2026-05-20 | HARTING BRUCE W | Grant | 1.3K | — |
| 2026-05-20 | Schrader Robert L. | Grant | 1.3K | — |
| 2026-05-20 | Finch Steven C. | Grant | 1.3K | — |
| 2026-05-20 | Finch Steven C. | Grant | 391 | $35.10 |
| 2026-05-20 | Burlew Dawn H | Grant | 1.3K | — |
| 2026-05-20 | Burlew Dawn H | Grant | 313 | $35.10 |
| 2026-05-20 | VanGelder Kim E | Grant | 1.3K | — |
| 2026-05-20 | Glaser Robert M | Grant | 1.3K | — |
| 2026-05-20 | Latella Robert N | Grant | 1.3K | — |
| 2026-05-20 | Zupan Mark | Grant | 1.3K | — |
| 2026-05-20 | DORN ANDREW W JR | Grant | 1.3K | — |
| 2026-05-20 | HOLLIDAY SUSAN R | Grant | 1.3K | — |
| 2026-05-20 | PANZARELLA ANGELA J | Grant | 1.3K | — |
| 2026-05-20 | PANZARELLA ANGELA J | Grant | 925 | $35.10 |
| 2026-03-20 | Plants William Jack II | Option exercise | 2.9K | — |
| 2026-03-20 | Plants William Jack II | Tax withheld | 1.0K | $30.59 |
| 2026-03-20 | PACOS GARY A. | Option exercise | 2.3K | — |
| 2026-03-20 | PACOS GARY A. | Tax withheld | 829 | $30.59 |
| 2026-03-20 | Quinn Kevin B | Option exercise | 2.7K | — |
| 2026-03-20 | Quinn Kevin B | Tax withheld | 967 | $30.59 |
| 2026-03-20 | BYERS SANDRA L | Option exercise | 690 | — |
| 2026-03-20 | Burruano Samuel J Jr | Option exercise | 2.4K | — |
| 2026-03-20 | Burruano Samuel J Jr | Tax withheld | 870 | $30.59 |
| 2026-03-20 | BIRMINGHAM MARTIN KEARNEY | Option exercise | 11K | — |
| 2026-03-20 | BIRMINGHAM MARTIN KEARNEY | Tax withheld | 3.8K | $30.59 |
| 2026-03-20 | Collins Laurie R | Option exercise | 2.3K | — |
| 2026-03-20 | Collins Laurie R | Tax withheld | 812 | $30.59 |
| 2026-03-12 | Plants William Jack II | Buy | 660 | $30.12 |
| 2025-11-28 | Burlew Dawn H | Grant | 408 | $30.60 |
| 2025-11-28 | Glaser Robert M | Grant | 571 | $30.60 |
| 2025-11-28 | Zupan Mark | Grant | 449 | $30.60 |
| 2025-11-28 | PANZARELLA ANGELA J | Grant | 898 | $30.60 |
| 2025-07-08 | BYERS SANDRA L | Option exercise | 250 | — |
| 2025-05-28 | HOLLIDAY SUSAN R | Grant | 1.4K | — |
| 2025-05-28 | Latella Robert N | Grant | 1.4K | — |
| 2025-05-28 | PANZARELLA ANGELA J | Grant | 1.4K | — |
| 2025-05-28 | PANZARELLA ANGELA J | Grant | 1.1K | $25.70 |
| 2025-05-28 | VanGelder Kim E | Grant | 1.4K | — |
| 2025-05-28 | BOSWELL DONALD | Grant | 1.4K | — |
| 2025-05-28 | DORN ANDREW W JR | Grant | 1.4K | — |
| 2025-05-28 | Glaser Robert M | Grant | 1.4K | — |
| 2025-05-28 | Glaser Robert M | Grant | 680 | $25.70 |
| 2025-05-28 | HARTING BRUCE W | Grant | 1.4K | — |
| 2025-05-28 | Burlew Dawn H | Grant | 1.4K | — |
| 2025-05-28 | Burlew Dawn H | Grant | 607 | $25.70 |
| 2025-05-28 | Zupan Mark | Grant | 1.4K | — |
| 2025-05-28 | Zupan Mark | Grant | 535 | $25.70 |
| 2025-05-28 | Schrader Robert L. | Grant | 1.4K | — |
| 2025-03-16 | BYERS SANDRA L | Option exercise | 410 | — |
| 2025-03-16 | BIRMINGHAM MARTIN KEARNEY | Option exercise | 6.4K | — |
| 2025-03-16 | BIRMINGHAM MARTIN KEARNEY | Tax withheld | 2.3K | $26.05 |
| 2025-03-16 | Plants William Jack II | Option exercise | 2.6K | — |
| 2025-03-16 | Plants William Jack II | Tax withheld | 935 | $26.05 |
| 2025-03-16 | Burruano Samuel J Jr | Option exercise | 2.4K | — |
| 2025-03-16 | Burruano Samuel J Jr | Tax withheld | 906 | $26.05 |
| 2025-03-16 | Collins Laurie R | Option exercise | 2.3K | — |
| 2025-03-16 | Collins Laurie R | Tax withheld | 918 | $26.05 |
| 2025-03-16 | Quinn Kevin B | Option exercise | 2.5K | — |
| 2025-03-16 | Quinn Kevin B | Tax withheld | 962 | $26.05 |
| 2025-02-12 | PANZARELLA ANGELA J | Grant | 667 | — |
| 2025-02-12 | PANZARELLA ANGELA J | Grant | 654 | $28.00 |
All non-derivative Form 4 activity (SEC), newest first.
Notable events (8-K)
| Date | Items | |
|---|---|---|
| 2026-05-21 | Shareholder vote | filing ↗ |
| 2026-05-20 | Reg FDExhibits | filing ↗ |
| 2026-04-23 | ResultsReg FDExhibits | filing ↗ |
| 2026-03-10 | Exec/director change | filing ↗ |
| 2026-02-12 | Reg FDExhibits | filing ↗ |
| 2026-01-29 | ResultsReg FDExhibits | filing ↗ |
| 2025-12-11 | Material agreementDebt obligationReg FDOtherExhibits | filing ↗ |
| 2025-11-17 | Reg FDExhibits | filing ↗ |
Recent filings
| Form | Filed | Period | Accession |
|---|---|---|---|
| 8-K | 2026-05-21 | 2026-05-20 | 0000862831-26-000002 ↗ |
| 8-K | 2026-05-20 | 2026-05-20 | 0001193125-26-232561 ↗ |
| 10-Q | 2026-05-04 | 2026-03-31 | 0001193125-26-203962 ↗ |
| 8-K | 2026-04-23 | 2026-03-31 | 0001193125-26-173676 ↗ |
| 8-K | 2026-03-10 | 2026-03-04 | 0001193125-26-100119 ↗ |
| 10-K | 2026-03-09 | 2025-12-31 | 0001193125-26-098467 ↗ |
| 8-K | 2026-02-12 | 2026-02-12 | 0001193125-26-048970 ↗ |
| 8-K | 2026-01-29 | 2025-12-31 | 0001193125-26-029330 ↗ |
| 8-K | 2025-12-11 | 2025-12-11 | 0001193125-25-316059 ↗ |
| 8-K | 2025-11-17 | 2025-11-14 | 0001193125-25-284607 ↗ |
| 10-Q | 2025-11-03 | 2025-09-30 | 0001193125-25-262535 ↗ |
| 8-K | 2025-10-23 | 2025-09-30 | 0001193125-25-248744 ↗ |