CEO Total Pay
$1.5M
FY2023 Summary Compensation, below median
FY2023 SEC EDGAR DEF 14A
Financial Institutions Inc CEO pay ratio
The CEO earned $1.5M in FY2023 against median worker pay of $50,040 · Depository Institutions.
- State
- NY
- Filing date
- 2024-04-12
- Industry
- Depository Institutions
- Fiscal year
- FY2023
Data updated August 2026
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CEO-to-worker pay ratio
29:1
Below Average (Scale: 0–1000:1)
CEO pay
$1.5M
Median worker
$50,040
Latest filing FY2023. This company's newest DEF 14A on file is for FY2023, not FY2025, so the figures on this page are from that earlier year and are not ranked against the FY2025 industry benchmark. Industry pages mark issuers like this one with a "Latest filing" label.
Answer first
Financial Institutions Inc reported a 29:1 CEO-to-worker pay ratio in FY2023 - at or below the Depository Institutions median of 43:1 across 136 filers.
Figures come from Section 953(b) Dodd-Frank DEF 14A disclosures - not estimates. View all Depository Institutions companies.
- Pay ratio
- 29:1
- FY2023 disclosed
- CEO total
- $1.5M
- Summary Compensation Table total
- Median worker
- $50,040
- Dodd-Frank median employee
Ratio bands among Depository Institutions peers
Exclusive CEO-to-median-worker bands across 124 complete latest-FY filings in SIC 60. Segments sum to the peer set, not this company's compensation pillar.
CEO Compensation Breakdown, FY2023
A component-level pay breakdown is not reported in Financial Institutions Inc's structured SEC pay-ratio disclosure. See our methodology →
Filing-year trail · Financial Institutions Inc
Complete DEF 14A pay-ratio filings for this CIK across FY2021–2023. Year-over-year deltas compare adjacent filing years only; incomplete dollar rows are omitted (same completeness gate as the hero figures).
- Latest ratio
- 29:1
- FY2023
- vs prior FY
- -4:1
- from FY2022 33:1
- CEO $ YoY
- -2.3%
- $1.5M latest
- Filings shown
- 3
- FY2021–2023
| FY | CEO pay | Δ pay | Median worker | Pay ratio | Δ ratio |
|---|---|---|---|---|---|
| 2021 | $1.5M | - | $56,579 | 26:1 | - |
| 2022 | $1.5M | +1% | $45,014 | 33:1 | +7:1 |
| 2023 | $1.5M | -2.3% | $50,040 | 29:1 | -4:1 |
Source: SEC EDGAR DEF 14A pay-ratio disclosures for CIK 862831, FY2021–2023. Adjacent-year deltas only.
Industry Comparison - Depository Institutions
This Company's Ratio
29:1
Industry Median Ratio
43:1
Industry Median CEO Pay
$3.0M
This CEO's Pay
$1.5M
Companies in Industry
136
vs. Industry Median
Below
Financial Institutions Inc: MODEST · LIGHT pay ratio
Financial Institutions Inc disclosed 29:1 CEO-to-worker pay and $1.5M CEO total in FY2023. the CEO earned 29× the median employee ($50,040) in FY2023.
Median employee $50,040 (PAR-MED); MODEST · LIGHT stamps put about 29 median-wage years per CEO year.
Pay Ratio
29:1
Below typical
What FY2023 shows for Financial Institutions Inc
Financial Institutions Inc disclosed 29:1 CEO-to-worker pay and $1.5M CEO total in FY2023. The structured pay-ratio disclosure reports the total without line-item components. Depository Institutions (SIC 60) median ratio is 43:1 across 136 FY2025 filers; Financial Institutions Inc's $1.5M CEO total is at or below the $3.0M industry median CEO pay.
Financial Institutions Inc stamps MODEST · LIGHT · PAR-MED; grant-date fair value (not realized pay) is what the DEF 14A reports. Open Depository Institutions peers.
Key Data, FY2023
- Total Compensation
- $1.5M
- Median Employee Pay
- $50,040
- Pay Ratio
- 29:1
- Filing Date
- 2024-04-12
SEC EDGAR DEF 14A for CIK 862831, FY2023. Informational only, not investment advice. Verify on EDGAR.
Read our methodology - how this data is sourced, computed, and verified. Financial Institutions Inc disclosed 29:1 CEO-to-worker pay and $1.5M CEO total in FY2023.
Read with Financial Institutions Inc
ABS(ceo_total_comp) peers first, then a SIC pole and a stamp-branched guide - not a fixed Related strip. This page stamps MODEST · LIGHT · PAR-MED.
Bank First Corp · LIGHT
ABS(ceo_total_comp) peer at $1.4M (Δ $5K lighter vs Financial Institutions Inc); MODEST · PAR-MED vs this page's MODEST · LIGHT · PAR-MED.
Cohen & Steers, Inc. · LIGHT
ABS(ceo_total_comp) peer at $1.5M (Δ $24K heavier vs Financial Institutions Inc); FLOOR · ELITE-MED vs this page's MODEST · LIGHT · PAR-MED.
Kearny Financial Corp. · LIGHT
ABS(ceo_total_comp) peer at $1.4M (Δ $24K lighter vs Financial Institutions Inc); FLOOR · HIGH-MED vs this page's MODEST · LIGHT · PAR-MED.
Mercantile Bank Corp · LIGHT
ABS(ceo_total_comp) peer at $1.5M (Δ $27K heavier vs Financial Institutions Inc); MODEST · PAR-MED vs this page's MODEST · LIGHT · PAR-MED.
Depository Institutions benchmark
Financial Institutions Inc stamps MODEST · LIGHT · PAR-MED inside SIC 60 - open the industry median board after the ABS peers.
Pay-ratio rankings · MODEST
See where MODEST · LIGHT packages sit on the national leaderboard after reading Financial Institutions Inc.
Ratio primer · MODEST
Financial Institutions Inc's MODEST stamp sits in the lower Item 402(u) band - start with how the ratio is disclosed before comparing peers.
Data sourced from SEC EDGAR DEF 14A for Financial Institutions Inc (CIK 862831), FY2023. See our methodology. Aggregated by PlainCEOPay as of August 2026.
Data currency: Executive compensation from SEC EDGAR DEF 14A proxy statements through fiscal year 2025, compiled and last refreshed August 2026. See our methodology for source dates and refresh cadence. Spot a figure that looks wrong? Report a correction.