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FISIFinancial Institutions, Inc.
$40.32$781M
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Analyst TargetsPrice History
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P/E HistoryRevenue HistoryEarnings HistoryDividend HistoryTotal Return
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FISI logo

Financial Institutions, Inc.

FISI
NASDAQ · Regional Banks
$40.32
At close - Sep 22, 4:00 PM EDT - USD
Market Cap$794M
P/E11.2x
52W High$42.97
Volume138.12K
OverviewTerminalAnalysisFinancialsValuationEarningsBreakoutsOwnership
VCP Research Verdict2026Q2

NIM Stagnation and Fee Volatility Cloud Growth

Financial Institutions, Inc. (FISI) demonstrates steady net interest income growth, up 8.6% YoY to $53.4M in 2026Q2, but the net interest margin remains stagnant at 0.8% for four consecutive quarters, indicating persistent deposit cost pressure. The company's ...

GrowthMixed
ProfitabilityStable
ValuationAttractive
TechnicalsMixed
Explore valuation models
MARKET ACTION

FISI price & volume

Price trend, volume and key moving averages

Launch Terminal
Loading chart...
Decision Checklist4 Core Signals

What matters now

The signals most likely to change the investment case.

01

Earnings momentum

7/12 Beats

EPS beat 7 of last 12 quarters

02

Valuation risk

-26% Peers

P/E is 26% below peer median

03

Market leadership

RS 79 · Avg

Average momentum (RS Rating: 79)

04

Mixed Trend

Mixed

Price < 50DMA but > 200DMA

Next CatalystEstimated earnings · Oct 23

Market performance

Price History →

Trailing total returns as of 9/24/2026, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC).

YTD Return
FISI+33.85%
S&P 500 (^GSPC)+13.20%
1-Year Return
FISI+55.77%
S&P 500 (^GSPC)+15.98%
3-Year Return
FISI+159.71%
S&P 500 (^GSPC)+79.27%
5-Year Return
FISI+59.44%
S&P 500 (^GSPC)+74.20%
02

Test the fundamentals

Check whether operating performance supports the current valuation.

VALUATION & INTRINSIC VALUE

Valuation Scenarios

Valuation Analysis
Trailing P/E5Y High
11.0x
Forward P/EExpansion
9.5x
EV/EBITDA100th %ile
10.1x
FCF YieldCash Flow
1.7%

Valuation vs 5-Year History

Multiple Range
Metric
Current
5Y Median
Historical Range
Percentile
P/E
11.0x
6.8x
100th· High
EV/EBITDA
10.1x
7.7x
100th· High
Price/FCF
58.9x
8.0x
100th· High
Current Multiple
5Y Median (50th %ile)

Intrinsic Value Scenarios

DCF Projection
No DCF Model AvailableIntrinsic value modeling is not supported for this equity.

Growth & profitability

Annual revenue & EPS trend
Revenue
$245M+113.9% YoY
Net income
$75M+279.8% YoY
Free cash flow
$13M-81.6% YoY
Operating margin
24.2%+50.0 pts YoY
ROIC (TTM)7.7%
Avg ROIC 5Y-
ROE (TTM)12.5%
Piotroski Score6 / 9
Financial Statements →
03

Monitor what changed

Recent results and news deserve attention only when they alter the forward view.

OPERATING RESULTS

Recent Earnings

Earnings History
EPS Beat Rate7/12 (64%)
Revenue Beat Rate7/12 (64%)
QuarterEPS (Act vs Est)Revenue (Act vs Est)
Q3 2026Latest
Jul 23, 2026
$1.04+11.8%
vs $0.93
$64M+1.2%
vs $64M
Q2 2026
Apr 23, 2026
$1.04+13.0%
vs $0.92
$63M-0.2%
vs $63M
Q2 2026
Mar 9, 2026
$0.98
vs —
$97M
vs —
Q1 2026
Jan 29, 2026
$0.96+1.1%
vs $0.95
$64M+1.8%
vs $63M
Historical baseline: 12 quarters analyzedGAAP / Adjusted
MARKET COVERAGE

Latest News

5 Stories
Zacks Investment Research·6d ago
Financial Institutions (FISI) Upgraded to Buy: Here's Why

Financial Institutions (FISI) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

Zacks Investment Research·Sep 11, 2026
Why Financial Institutions (FISI) is a Top Dividend Stock for Your Portfolio

Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Financial Institutions (FISI) have what it takes?

Defense World·Aug 30, 2026
Connor Clark & Lunn Investment Management Ltd. Acquires Shares of 41,541 Financial Institutions, Inc. $FISI

Connor Clark and Lunn Investment Management Ltd. acquired a new stake in Financial Institutions, Inc. (NASDAQ: FISI) in the undefined quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 41,541 shares of the bank's stock, valued at approximately $1,619,000. Connor Clark

GlobeNewsWire·Aug 26, 2026
Financial Institutions, Inc. Announces Quarterly Cash Dividend

WARSAW, N.Y., Aug. 26, 2026 (GLOBE NEWSWIRE) -- Financial Institutions, Inc. (NASDAQ: FISI) (the “Company”), parent company of Five Star Bank and Courier Capital, LLC, announced that today its Board of Directors approved a quarterly cash dividend of $0.32 per outstanding common share.

Filtered for Financial Institutions, Inc.More Headlines
04

Compare before deciding

Benchmark FISI against direct peers instead of judging its metrics in isolation.

Peers Comparison

Key metrics vs top competitors for Financial Institutions, Inc. (FISI)

Full Screener →
CompanyPriceMarket CapP/E RatioRev Growth (1Y)Net MarginROEDiv Yield
FISI logoFISIFinancial Institutions, Inc.Current
$40.32$793.75M11.17113.87%19.81%12.5%3.02%
NBTB logoNBTBNBT Bancorp Inc.
$50.85$2.64B15.2714.54%22.65%11.26%—
TRMK logoTRMKTrustmark Corporation
$45.94$2.69B12.4277.36%19.84%11.01%—
CNOB logoCNOBConnectOne Bancorp, Inc.
$31.20$1.57B21.0819.23%26.13%10.11%—
EGBN logoEGBNEagle Bancorp, Inc.
$28.02$854.49M-6.66-3.06%-6.43%-3.36%—
TRST logoTRSTTrustCo Bank Corp NY
$55.96$952.89M17.229.38%26.95%9.62%—

Compare FISI vs Peers

Financial Institutions, Inc. (FISI) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.

Closest Rival

vs NBTB

Most directly comparable listed peer for FISI.

Scale Benchmark

vs FISV

Larger-name benchmark to compare FISI against a more recognizable public peer.

Peer Set

Compare Top 5

vs NBTB, TRMK, CNOB, EGBN

05

Keep researching

Verify the primary filings, follow material updates, and answer the remaining questions.

FISI SEC Filings & Documents

Financial Institutions, Inc. (FISI) SEC filings — annual & quarterly reports (10-K, 10-Q)

8-K Announcements

6
Material company update

Jul 23, 2026·SEC

Material company update

May 21, 2026·SEC

Material company update

May 20, 2026·SEC

10-K Annual Reports

3
FY 2026

Mar 9, 2026·SEC

FY 2025

Mar 12, 2025·SEC

FY 2024

Mar 13, 2024·SEC

10-Q Quarterly Reports

6
FY 2026

Aug 3, 2026·SEC

FY 2026

May 4, 2026·SEC

FY 2025

Nov 3, 2025·SEC

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FISI Frequently Asked Questions

Financial Institutions, Inc. (FISI) stock FAQ — growth, dividends, profitability & financials explained

Growth & Financials
How fast is Financial Institutions, Inc. growing?

Financial Institutions, Inc. (FISI) grew revenue by 113.9% over the past year. This is strong growth.

Is FISI profitable?

Yes, Financial Institutions, Inc. (FISI) is profitable, generating $82.6M in net income for fiscal year 2025 (19.8% net margin).

Dividend & Returns
Does FISI pay dividends?

Yes, Financial Institutions, Inc. (FISI) pays a dividend with a yield of 3.02%. This makes it attractive for income-focused investors.

What is FISI's return on equity?

Financial Institutions, Inc. (FISI) has a return on equity (ROE) of 12.5%. This is reasonable for most industries.

Industry Metrics
What is Financial Institutions, Inc.'s net interest margin?

Financial Institutions, Inc. (FISI) has a net interest margin (NIM) of 3.2%. This indicates healthy earnings from lending activities.

What is Financial Institutions, Inc.'s efficiency ratio?

Financial Institutions, Inc. (FISI) has an efficiency ratio of 37.6%. This is excellent, indicating strong cost control.

What if you invested $1,000 in FISI back in 1998?

Total return calculator · dividends reinvested · 28+ years of data

See returns →