(FISI) Financial Institutions - Overview
Sector: Financial Services | Industry: Banks - Regional | Exchange: NASDAQ (USA) | Market Cap: 697m USD | Total Return: 30% in 12m
Commercial Loans, Residential Mortgages, Consumer Loans, Wealth Management
Total Rating 46
Safety 35
Buy Signal 0.13
Banks - Regional
Industry Rotation: -9.8
Industry Rotation: -9.8
Market Cap:
697M
Avg Turnover: 3.11M
Avg Turnover: 3.11M
Risk 3d forecast
Volatility31.3%
VaR 5th Pctl4.67%
VaR vs Median-10.1%
Reward TTM
Sharpe Ratio0.96
Rel. Str. IBD67.5
Rel. Str. Peer Group85.1
Character TTM
Beta1.093
Beta Downside0.946
Hurst Exponent0.508
Drawdowns 3y
Max DD27.83%
CAGR/Max DD1.24
CAGR/Mean DD3.78
EPS (Earnings per Share)
EPS CAGR: 1.32%
EPS Trend: 6.4%
EPS Trend: 6.4%
Last SUE: 0.57
Qual. Beats: 0
Qual. Beats: 0
Revenue
Rev. CAGR: 14.02%
Rev. Trend: -7.6%
Rev. Trend: -7.6%
Last SUE: 0.89
Qual. Beats: 0
Qual. Beats: 0
Warnings
No concerns identified
Tailwinds
No distinct edge detected
Description: FISI Financial Institutions
Financial Institutions, Inc. (FISI) is a regional financial services holding company headquartered in Warsaw, New York. Operating primarily through Five Star Bank, the organization provides a comprehensive suite of banking products, including consumer and commercial deposit accounts, residential and commercial mortgages, and various installment loan structures. The company also maintains a diversified revenue stream through investment advisory, wealth management, and retirement plan services.
As a regional bank, FISI relies on the interest rate spread between its loan portfolio and deposit costs, a model sensitive to Federal Reserve monetary policy and local economic conditions in Western and Central New York. Unlike larger money-center banks, regional institutions often maintain higher concentrations of commercial real estate and small business loans within specific geographic corridors. Investors can further analyze these valuation metrics and historical performance trends at ValueRay.
The company also manages a real estate investment trust (REIT) to hold specific mortgage assets, providing a structured approach to its balance sheet management. Founded in 1817, FISI represents one of the older banking institutions in the United States, focusing its operational footprint on municipal, commercial, and individual clients within its regional market.
- Net interest margin compression results from rising deposit costs in New York markets
- Commercial real estate loan concentration increases credit risk and provision for losses
- Non-interest income growth depends on wealth management and investment advisory fees
- Regional economic stability in Western New York dictates loan demand and quality
- Federal Reserve interest rate pivots shift profitability of variable rate loan portfolios
Piotroski VR‑10 (Strict)
3.5
| Net Income: 79.0m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.00 > 0.02 and ΔFCF/TA -0.64 > 1.0 |
| NWC/Revenue: -1.39k% < 20% (prev -1.98k%; Δ 586.2% < -1%) |
| CFO/TA 0.01 > 3% & CFO 32.5m > Net Income 79.0m |
| Net Debt (139.2m) to EBITDA (99.4m): 1.40 < 3 |
| Current Ratio: 0.04 > 1.5 & < 3 |
| Outstanding Shares: last quarter (19.9m) vs 12m ago -1.79% < -2% |
| Gross Margin: 63.66% > 18% (prev 0.40%; Δ 6.33k% > 0.5%) |
| Asset Turnover: 5.99% > 50% (prev 4.20%; Δ 1.79% > 0%) |
| Interest Coverage Ratio: 0.56 > 6 (EBITDA TTM 99.4m / Interest Expense TTM 128.4m) |
Altman Z''
-5.10
| A: -0.84 (Total Current Assets 210.7m - Total Current Liabilities 5.47b) / Total Assets 6.29b |
| B: 0.07 (Retained Earnings 451.5m / Total Assets 6.29b) |
| C: 0.01 (EBIT TTM 71.6m / Avg Total Assets 6.32b) |
| D: 0.07 (Book Value of Equity 412.4m / Total Liabilities 5.66b) |
| Altman-Z'' Score: -5.10 = D |
Beneish M
-3.29
| DSRI: 0.72 (Receivables 25.5m/24.8m, Revenue 378.2m/266.2m) |
| GMI: 0.62 (GM 63.66% / 39.56%) |
| AQI: 1.00 (AQ_t 0.96 / AQ_t-1 0.96) |
| SGI: 1.42 (Revenue 378.2m / 266.2m) |
| TATA: 0.01 (NI 79.0m - CFO 32.5m) / TA 6.29b) |
| Beneish M-Score: -3.29 (Cap -4..+1) = AA |
What is the price of FISI shares?
As of May 16, 2026, the stock is trading at USD 33.82 with a total of 91,104 shares traded.
Over the past week, the price has changed by -4.49%, over one month by -1.34%, over three months by -1.72% and over the past year by +30.02%.
Over the past week, the price has changed by -4.49%, over one month by -1.34%, over three months by -1.72% and over the past year by +30.02%.
Is FISI a buy, sell or hold?
Financial Institutions has received a consensus analysts rating of 4.00.
Therefore, it is recommended to buy FISI.
- StrongBuy: 0
- Buy: 2
- Hold: 0
- Sell: 0
- StrongSell: 0
What are the forecasts/targets for the FISI price?
| Analysts Target Price | 38.5 | 13.8% |
Financial Institutions (FISI) - Fundamental Data Overview
as of 12 May 2026
P/E Trailing = 9.2214 P/E Forward = 11.274
P/S = 2.9114
P/B = 1.1356
P/EG = 1.4095
Revenue TTM = 378.2m USD
EBIT TTM = 71.6m USD
EBITDA TTM = 99.4m USD
Long Term Debt = 78.6m USD (from longTermDebt, last quarter)
Short Term Debt = 114.0m USD (from shortTermDebt, last quarter)
Debt = 224.6m USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 139.2m USD (from netDebt column, last quarter)
Enterprise Value = 736.5m USD (697.1m + Debt 224.6m - CCE 185.2m)
Interest Coverage Ratio = 0.56 (Ebit TTM 71.6m / Interest Expense TTM 128.4m)
EV/FCF = 25.03x (Enterprise Value 736.5m / FCF TTM 29.4m)
FCF Yield = 4.00% (FCF TTM 29.4m / Enterprise Value 736.5m)
FCF Margin = 7.78% (FCF TTM 29.4m / Revenue TTM 378.2m)
Net Margin = 20.88% (Net Income TTM 79.0m / Revenue TTM 378.2m)
Gross Margin = 63.66% ((Revenue TTM 378.2m - Cost of Revenue TTM 137.5m) / Revenue TTM)
Gross Margin QoQ = 67.94% (prev 62.88%)
Tobins Q-Ratio = 0.12 (Enterprise Value 736.5m / Total Assets 6.29b)
Interest Expense / Debt = 13.16% (Interest Expense 29.6m / Debt 224.6m)
Taxrate = 15.49% (3.85m / 24.8m)
NOPAT = 60.5m (EBIT 71.6m * (1 - 15.49%))
Current Ratio = 0.04 (Total Current Assets 210.7m / Total Current Liabilities 5.47b)
Debt / Equity = 0.36 (Debt 224.6m / totalStockholderEquity, last quarter 631.7m)
Debt / EBITDA = 1.40 (Net Debt 139.2m / EBITDA 99.4m)
Debt / FCF = 4.73 (Net Debt 139.2m / FCF TTM 29.4m)
Total Stockholder Equity = 621.0m (last 4 quarters mean from totalStockholderEquity)
RoA = 1.25% (Net Income 79.0m / Total Assets 6.29b)
RoE = 12.72% (Net Income TTM 79.0m / Total Stockholder Equity 621.0m)
RoCE = 10.23% (EBIT 71.6m / Capital Employed (Equity 621.0m + L.T.Debt 78.6m))
RoIC = 7.34% (NOPAT 60.5m / Invested Capital 824.0m)
WACC = 10.15% (E(697.1m)/V(921.7m) * Re(9.83%) + D(224.6m)/V(921.7m) * Rd(13.16%) * (1-Tc(0.15)))
Discount Rate = 9.83% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: 33.33 | Cagr: 10.17%
[DCF] Terminal Value 61.60% ; FCFF base≈45.7m ; Y1≈30.0m ; Y5≈13.7m
[DCF] Fair Price = 3.00 (EV 198.3m - Net Debt 139.2m = Equity 59.1m / Shares 19.7m; r=10.15% [WACC]; 5y FCF grow -40.0% → 3.0% )
EPS Correlation: 6.45 | EPS CAGR: 1.32% | SUE: 0.57 | # QB: 0
Revenue Correlation: -7.58 | Revenue CAGR: 14.02% | SUE: 0.89 | # QB: 0
EPS current Quarter (2026-06-30): EPS=0.93 | Chg30d=-0.53% | Revisions=+0% | Analysts=2
EPS next Quarter (2026-09-30): EPS=1.01 | Chg30d=+0.50% | Revisions=+0% | Analysts=2
EPS current Year (2026-12-31): EPS=4.01 | Chg30d=+2.55% | Revisions=+20% | GrowthEPS=+11.1% | GrowthRev=+5.6%
EPS next Year (2027-12-31): EPS=4.19 | Chg30d=+0.96% | Revisions=+20% | GrowthEPS=+4.4% | GrowthRev=+4.5%
[Analyst] Revisions Ratio: +20%