UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of Earliest Event Reported): | February 23, 2017 |
Financial Institutions, Inc.
__________________________________________
(Exact name of registrant as specified in its charter)
New York | 0-26481 | 16-0816610 |
_____________________ (State or other jurisdiction |
_____________ (Commission |
______________ (I.R.S. Employer |
of incorporation) | File Number) | Identification No.) |
220 Liberty Street, Warsaw, New York | 14569 | |
_________________________________ (Address of principal executive offices) |
___________ (Zip Code) |
Registrants telephone number, including area code: | 585-786-1100 |
Not Applicable
______________________________________________
Former name or former address, if changed since last report
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
[ ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Item 8.01 Other Events.
On February 23, 2017, Financial Institutions, Inc. (the "Company") issued a press release announcing the declaration of a cash dividend of $0.21 per common share. The Company also announced dividends of $0.75 per share on Series A 3% Preferred Stock and $2.12 per share on Series B-1 8.48% Preferred Stock. All dividends are payable April 3, 2017 to shareholders of record as of March 14, 2017.
A copy of the press release is furnished as Exhibit 99.1 to this Form 8-K.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits
Exhibit 99.1 Press Release issued by Financial Institutions, Inc. on February 23, 2017.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
Financial Institutions, Inc. | ||||
February 23, 2017 | By: |
Kevin B. Klotzbach
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Name: Kevin B. Klotzbach | ||||
Title: Executive Vice-President, Chief Financial Officer and Treasurer |
Exhibit Index
Exhibit No. | Description | |
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99
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Press Release issued by Financial Institutions, Inc. on February 23, 2017 |
Exhibit 99.1
Financial Institutions, Inc.
NEWS RELEASE |
220 Liberty Street | |||
For Immediate Release |
Warsaw, NY 14569 |
Financial Institutions, Inc. Announces Quarterly Cash Dividend
WARSAW, N.Y. February 23, 2017 Financial Institutions, Inc. (the Company) (NASDAQ: FISI) announced today that its Board of Directors has approved a quarterly cash dividend of $0.21 per outstanding common share. The Company also announced dividends of $0.75 per share on its Series A 3% preferred stock and $2.12 per share on its Series B-1 8.48% preferred stock. All dividends are payable April 3, 2017, to shareholders of record on March 14, 2017.
About Financial Institutions, Inc.
Financial Institutions, Inc. provides diversified financial services through its subsidiaries Five Star Bank, Scott Danahy Naylon and Courier Capital. Five Star Bank provides a wide range of consumer and commercial banking services to individuals, municipalities and businesses through a network of more than 50 offices and 60 ATMs throughout Western and Central New York State. Scott Danahy Naylon provides a broad range of insurance services to personal and business clients across 45 states. Courier Capital provides customized investment management, investment consulting and retirement plan services to individuals, businesses, institutions, foundations and retirement plans. Financial Institutions, Inc. and its subsidiaries employ approximately 700 individuals. The Companys stock is listed on the Nasdaq Global Select Market under the symbol FISI. Additional information is available at the Companys website: www.fiiwarsaw.com.
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For additional information contact:
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Kevin B. Klotzbach
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Shelly J. Doran | |
Executive VP, Chief Financial Officer & Treasurer
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Director Investor and External Relations | |
Phone: 585.786.1130
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Phone: 585.627.1362 | |
Email: KBKlotzbach@five-starbank.com
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Email: SJDoran@five-starbank.com | |