FISI Stock Analysis: Financial Institutions | NASDAQ
Banks - Regional | NASDAQ, USA | Market Cap: 762m USD | 12M Return: 62.3% | Charts, Fundamentals & Technical Analysis
Avg Turnover: 6.40M
EPS Trend: 63.0%
Qual. Beats: 0
Rev. Trend: -6.1%
Qual. Beats: -1
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: 82.6m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.00 > 0.02 and ΔFCF/TA -0.67 > 1.0 |
| NWC/Revenue: -1.40k% < 20% (prev -2.01k%; Δ 609.9% < -1%) |
| CFO/TA 0.01 > 3% & CFO 32.5m > Net Income 82.6m |
| Net Debt (-724.1m) to EBITDA (51.6m): -14.04 < 3 |
| Current Ratio: 0.19 > 1.5 & < 3 |
| Outstanding Shares: last quarter (19.9m) vs 12m ago -1.79% < -2% |
| Gross Margin: 57.94% > 18% (prev 38.84%; Δ 19.10% > 0.5%) |
| Asset Turnover: 5.30% > 50% (prev 4.19%; Δ 1.12% > 0%) |
| Interest Coverage Ratio: 0.40 > 6 (EBIT TTM 49.2m / Interest Expense TTM 124.4m) |
| A: -0.77 (Total Current Assets 1.07b - Total Current Liabilities 5.47b) / Total Assets 5.76b |
| B: 0.08 (Retained Earnings 437.1m / Total Assets 5.76b) |
| C: 0.01 (EBIT TTM 49.2m / Avg Total Assets 5.95b) |
| D: 0.27 (Book Value of Equity 1.22b / Total Liabilities 4.54b) |
| Altman-Z'' = -4.44 = D |
As of July 28, 2026, the stock is trading at USD 41.25 with a total of 272,169 shares traded. Over the past week, the price has changed by +4.94%, over one month by +6.23%, over three months by +20.37% and over the past year by +62.28%.
Current recommended Stop Loss: 39.90 (which is 3.3% or 1.3 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 | 40 | -3% |
P/E Trailing = 10.1361
P/E Forward = 11.274
P/S = 3.1836
P/B = 1.2468
P/EG = 1.4095
Revenue TTM = 315.6m USD
EBIT TTM = 49.2m USD
EBITDA TTM = 51.6m USD
Long Term Debt = 193.7m USD (from longTermDebt, last fiscal year)
Short Term Debt = 116.8m USD (from shortTermDebt, last quarter)
Debt = 342.5m USD (corrected: LT Debt 193.7m + ST Debt 116.8m) + Leases 32.0m
Net Debt = -724.1m USD (calculated: Debt 342.5m - CCE 1.07b)
Enterprise Value = 38.1m USD (762.3m + Debt 342.5m - CCE 1.07b)
Interest Coverage Ratio = 0.40 (Ebit TTM 49.2m / Interest Expense TTM 124.4m)
EV/FCF = 1.41x (Enterprise Value 38.1m / FCF TTM 27.1m)
FCF Yield = 71.06% (FCF TTM 27.1m / Enterprise Value 38.1m)
FCF Margin = 8.59% (FCF TTM 27.1m / Revenue TTM 315.6m)
Net Margin = 26.18% (Net Income TTM 82.6m / Revenue TTM 315.6m)
Gross Margin = 57.94% ((Revenue TTM 315.6m - Cost of Revenue TTM 132.7m) / Revenue TTM)
Gross Margin QoQ = -4.09% (prev 67.94%)
Tobins Q-Ratio = 0.01 (Enterprise Value 38.1m / Total Assets 5.76b)
Interest Expense / Debt = 36.31% (Interest Expense 124.4m / Debt 342.5m)
Taxrate = 17.10% (17.0m / 99.7m)
NOPAT = 40.8m (EBIT 49.2m * (1 - 17.10%))
Current Ratio = 0.19 (Total Current Assets 1.07b / Total Current Liabilities 5.47b)
Debt / Equity = 0.28 (Debt 342.5m / totalStockholderEquity, last quarter 1.22b)
Debt / EBITDA = -14.04 (Net Debt -724.1m / EBITDA 51.6m)
Debt / FCF = -26.72 (Net Debt -724.1m / FCF TTM 27.1m)
Total Stockholder Equity = 775.3m (last 4 quarters mean from totalStockholderEquity)
RoA = 1.39% (Net Income 82.6m / Total Assets 5.76b)
RoE = 10.66% (Net Income TTM 82.6m / Total Stockholder Equity 775.3m)
RoCE = 5.08% (EBIT 49.2m / Capital Employed (Equity 775.3m + L.T.Debt 193.7m))
RoIC = 0.71% (NOPAT 40.8m / Invested Capital 5.74b)
WACC = 15.87% (E(762.3m)/V(1.10b) * Re(9.48%) + D(342.5m)/V(1.10b) * Rd(36.31%) * (1-Tc(0.17)))
Discount Rate = 9.48% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 84.44 | Cagr: 11.66%
[DCF] Terminal Value 50.40% ; FCFF base≈44.4m ; Y1≈38.9m ; Y5≈31.4m
[DCF] Fair Price = 48.40 (EV 228.8m - Net Debt -724.1m = Equity 952.9m / Shares 19.7m; r=15.87% [WACC]; 5y FCF grow -15.0% → 2.50% )
EPS Correlation: 62.95 | EPS CAGR: 9.39% | SUE: 0.32 | # QB: 0
Revenue Correlation: -6.10 | Revenue CAGR: -1.02% | SUE: -0.96 | # QB: -1
EPS current Quarter (2026-09-30): EPS=1.01 | Chg30d=+0.00% | Revisions=+25% | Analysts=2
EPS current Year (2026-12-31): EPS=4.01 | Chg30d=+0.00% | Revisions=+40% | GrowthEPS=+11.1% | GrowthRev=+5.6%
EPS next Year (2027-12-31): EPS=4.20 | Chg30d=+0.24% | Revisions=+40% | GrowthEPS=+4.6% | GrowthRev=+4.5%
[Analyst] Revisions Ratio: +62% (up=5, down=0)