FISI Stock Analysis: Financial Institutions | NASDAQ
Banks - Regional | NASDAQ, USA | Market Cap: 768m USD | 12M Return: 48.4% | Charts, Fundamentals & Technical Analysis
Avg Turnover: 7.60M
EPS Trend: 42.5%
Qual. Beats: 0
Rev. Trend: 3.3%
Qual. Beats: 2
Warnings
No concerns identified
Tailwinds
Seasonality 10.5 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
Financial Institutions, Inc. (FISI) is a New York-based bank holding company that, through its subsidiaries, provides a full suite of banking and financial services to consumer, commercial, and municipal customers. Its deposit offerings include checking, savings, money market accounts, NOW accounts, certificates of deposit, sweep investments, and individual retirement accounts. As a regional bank operating primarily within New York State, FISI focuses on relationship-driven community banking, serving local households, businesses, and municipalities through both physical branches and digital channels typical of the regional banking sector.
The companys lending portfolio spans commercial term loans and lines of credit, working capital and equipment financing, commercial mortgages, one-to-four family residential mortgages, home equity products, and a range of consumer loans including auto, recreational vehicle, boat, and deposit-collateralized loans. Beyond traditional banking, FISI generates fee-based income through investment advisory, wealth management, investment consulting, and retirement plan services, and operates a real estate investment trust (REIT) that holds residential mortgages and commercial real estate loans. Wealth management and trust services have become an increasingly important diversification lever for regional banks seeking to reduce reliance on net interest margin.
Founded in 1817 and headquartered in Warsaw, New York, FISI is one of the older community banking franchises in the United States, with a business model anchored in deposit gathering, diversified lending, and fee-generating advisory services characteristic of the regional bank sub-industry.
- Net interest margin expands on sustained higher rates
- Commercial real estate loan portfolio faces office sector headwinds
- Wealth management and insurance fees grow on client expansion
| Net Income: 79.0m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.00 > 0.02 and ΔFCF/TA -0.68 > 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 (71.4m) to EBITDA (101.6m): 0.70 < 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 39.56%; Δ 24.10% > 0.5%) |
| Asset Turnover: 5.99% > 50% (prev 4.20%; Δ 1.79% > 0%) |
| Interest Coverage Ratio: 0.74 > 6 (EBIT TTM 95.6m / Interest Expense TTM 128.4m) |
| 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: 0.02 (EBIT TTM 95.6m / Avg Total Assets 6.32b) |
| D: 0.11 (Book Value of Equity 631.7m / Total Liabilities 5.66b) |
| Altman-Z'' = -5.03 = D |
| DSRI: 0.72 (Receivables 25.5m/24.8m, Revenue 378.2m/266.2m) |
| GMI: 0.62 (GM 39.56% / 63.66%) |
| 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 = -3.30 (Cap -4..+1) = AA |
As of July 08, 2026, the stock is trading at USD 38.51 with a total of 134,528 shares traded. Over the past week, the price has changed by -0.82%, over one month by +4.20%, over three months by +17.01% and over the past year by +48.41%.
Current recommended Stop Loss: 37.40 (which is 2.9% or 1.2 ATR below the current price).
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
| Analysts Target Price | 38.5 | -0% |
P/E Trailing = 10.1615
P/E Forward = 11.274
P/S = 3.2083
P/B = 1.2503
P/EG = 1.4095
Revenue TTM = 378.2m USD
EBIT TTM = 95.6m USD
EBITDA TTM = 101.6m USD
Long Term Debt = 78.6m USD (from longTermDebt, last quarter)
Short Term Debt = 114.0m USD (from shortTermDebt, last quarter)
Debt = 256.7m USD (from shortLongTermDebtTotal, last quarter) + Leases 32.0m
Net Debt = 71.4m USD (calculated: Debt 256.7m - CCE 185.2m)
Enterprise Value = 839.6m USD (768.2m + Debt 256.7m - CCE 185.2m)
Interest Coverage Ratio = 0.74 (Ebit TTM 95.6m / Interest Expense TTM 128.4m)
EV/FCF = 30.98x (Enterprise Value 839.6m / FCF TTM 27.1m)
FCF Yield = 3.23% (FCF TTM 27.1m / Enterprise Value 839.6m)
FCF Margin = 7.17% (FCF TTM 27.1m / 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 = 0.13 (Enterprise Value 839.6m / Total Assets 6.29b)
Interest Expense / Debt = 50.02% (Interest Expense 128.4m / Debt 256.7m)
Taxrate = 17.36% (16.6m / 95.6m)
NOPAT = 79.0m (EBIT 95.6m * (1 - 17.36%))
Current Ratio = 0.04 (Total Current Assets 210.7m / Total Current Liabilities 5.47b)
Debt / Equity = 0.41 (Debt 256.7m / totalStockholderEquity, last quarter 631.7m)
Debt / EBITDA = 0.70 (Net Debt 71.4m / EBITDA 101.6m)
Debt / FCF = 2.64 (Net Debt 71.4m / FCF TTM 27.1m)
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 = 13.66% (EBIT 95.6m / Capital Employed (Equity 621.0m + L.T.Debt 78.6m))
RoIC = 8.61% (NOPAT 79.0m / Invested Capital 917.6m)
WACC = 6.94% (E(768.2m)/V(1.02b) * Re(9.26%) + (debt cost/tax rate unavailable))
Discount Rate = 9.26% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 76.41 | Cagr: 11.77%
[DCF] Terminal Value 73.10% ; FCFF base≈44.4m ; Y1≈38.9m ; Y5≈31.4m
[DCF] Fair Price = 21.99 (EV 504.4m - Net Debt 71.4m = Equity 433.0m / Shares 19.7m; r=8.35% [WACC [floored]]; 5y FCF grow -15.0% → 2.50% )
EPS Correlation: 42.46 | EPS CAGR: 5.46% | SUE: 0.28 | # QB: 0
Revenue Correlation: 3.33 | Revenue CAGR: 0.57% | SUE: 0.89 | # QB: 2
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=+25% | Analysts=2
EPS current Year (2026-12-31): EPS=4.01 | Chg30d=+2.55% | Revisions=+40% | GrowthEPS=+11.1% | GrowthRev=+5.6%
EPS next Year (2027-12-31): EPS=4.19 | Chg30d=+0.96% | Revisions=+40% | GrowthEPS=+4.4% | GrowthRev=+4.5%
[Analyst] Revisions Ratio: +50% (up=6, down=1)