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FISI logoFinancial Institutions, Inc. (FISI) P/E Ratio History

Historical price-to-earnings valuation from 1999 to 2025

Current P/E
9.8
Overvalued
5Y Avg P/E
7.0
+39% vs avg
PE Percentile
100%
High
PEG Ratio
1.04
Fair
TTM EPS$3.68
Price$35.35
5Y PE Range4.8 - 9.8
Earnings Yield10.21%

Loading P/E history...

FISI Valuation Context

How does the current P/E compare to historical and market benchmarks?

vs. 5Y Average
9.8vs7.0
+39%
Premium vs History
vs. Financial Services
9.8vs13.4
-27%
Below Sector
vs. S&P 500
9.8vs25.2
-61%
Below Market
PEG Analysis
1.04
P/E ÷ EPS Growth
PEG 1-2 = Fair
Based on 231% EPS growth (1Y)
Export Data

P/E Ratio Analysis

As of May 6, 2026, Financial Institutions, Inc. (FISI) trades at a price-to-earnings ratio of 9.8x, with a stock price of $35.35 and trailing twelve-month earnings per share of $3.68.

The current P/E is 39% above its 5-year average of 7.0x. Over the past five years, FISI's P/E has ranged from a low of 4.8x to a high of 9.8x, placing the current valuation at the 100th percentile of its historical range.

Compared to the Financial Services sector median P/E of 13.4x, FISI trades at a 27% discount to its sector peers. The sector includes 779 companies with P/E ratios ranging from 0.0x to 195.8x.

The PEG ratio of 1.04 (P/E divided by 231% EPS growth) suggests a fair valuation relative to its earnings growth. Peter Lynch popularized the rule that a PEG below 1.0 indicates an attractive entry point.

Relative to the broader market, FISI trades at a notable discount to the S&P 500 median P/E of 25.2x. Investors should consider the company's growth prospects, competitive position, and earnings quality when evaluating whether the current valuation is justified.

For a comprehensive intrinsic value estimate using discounted cash flow analysis, see our FISI DCF Valuation Calculator →

Note: P/E ratio is just one valuation metric. It does not account for balance sheet strength, cash flow quality, or growth sustainability. Always conduct comprehensive due diligence before making investment decisions.

FISI P/E vs Peers

P/E ratio compared to closely matched public peers

CompanyMarket CapP/E RatioPEG RatioEPS Growth (1Y)
NBTB logoNBTBNBT Bancorp Inc.
$2B13.61.93+13%
TRMK logoTRMKTrustmark Corporation
$3B12.11.50+2%
CNOB logoCNOBConnectOne Bancorp, Inc.
$2B20.4--16%
TRST logoTRSTTrustCo Bank Corp NY
$861M15.04.13+26%Best
NFBK logoNFBKNorthfield Bancorp, Inc.
$587M19.5--16%
CBSH logoCBSHCommerce Bancshares, Inc.
$8B12.91.14+5%
WSFS logoWSFSWSFS Financial Corporation
$4B14.20.81Best+15%
IBCP logoIBCPIndependent Bank Corporation
$696M10.3Lowest1.96+3%
FFIN logoFFINFirst Financial Bankshares, Inc.
$5B20.94.01+12%

Peers sorted by market capitalization. P/E below peers may indicate undervaluation or lower growth expectations. Consider PEG ratio for growth-adjusted comparison.

FISI Historical P/E Data (1999–2025)

Quarterly P/E ratios calculated from closing price and TTM EPS

QuarterDatePriceTTM EPSP/E Ratiovs Avg
FY2025 Q4Wed Dec 31 2025 00:00:00 GM$31.17$3.618.6x-45%
FY2024 Q3Mon Sep 30 2024 00:00:00 GM$25.47$3.188.0x-49%
FY2024 Q2Sun Jun 30 2024 00:00:00 GM$19.32$3.226.0x-62%
FY2024 Q1Sun Mar 31 2024 00:00:00 GM$18.82$2.517.5x-53%
FY2023 Q4Sun Dec 31 2023 00:00:00 GM$21.30$3.166.7x-57%
FY2023 Q3Sat Sep 30 2023 00:00:00 GM$16.83$3.315.1x-68%
FY2023 Q2Fri Jun 30 2023 00:00:00 GM$15.74$3.314.8x-70%
FY2023 Q1Fri Mar 31 2023 00:00:00 GM$19.28$3.395.7x-64%
FY2022 Q4Sat Dec 31 2022 00:00:00 GM$24.36$3.566.8x-57%
FY2022 Q3Fri Sep 30 2022 00:00:00 GM$24.07$4.016.0x-62%
FY2022 Q2$26.02$4.186.2x-61%
FY2022 Q1$30.13$4.446.8x-57%

Average P/E for displayed period: 15.8x

See FISI's True Return

Price is only half the story. See total return with reinvested dividends.

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Is FISI Undervalued?

DCF intrinsic value, peer multiples, and analyst estimates — see what the stock is really worth.

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Compare FISI vs BRK-A

Side-by-side business, growth, and profitability comparison vs Berkshire Hathaway Inc..

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FISI — Frequently Asked Questions

Quick answers to the most common questions about buying FISI stock.

Is FISI stock overvalued or undervalued?

FISI trades at 9.8x P/E, above its 5-year average of 7.0x. The 100th percentile ranking indicates a premium to historical valuation.

How does FISI's valuation compare to peers?

Financial Institutions, Inc. P/E of 9.8x compares to sector median of 13.4x. The discount suggests lower growth expectations or higher risk.

What is FISI's PEG ratio?

FISI PEG ratio is 1.04. Between 1-2 suggests valuation aligns with growth. Historical P/E data spans 1999-2025.

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FISI P/E Ratio History (1999–2025)

P/E ratio calculated as closing price divided by trailing 12-month diluted EPS at each quarter end.