FISI Stock Analysis: Financial Institutions | NASDAQ
Banks - Regional | NASDAQ, USA | Market Cap: 795m USD | 12M Return: 53.2% | US3175854047 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 5.56M
EPS Trend: 63.0%
Qual. Beats: 0
Rev. Trend: -6.1%
Qual. Beats: -1
Warnings
Tailwinds
Seasonality 11.7 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: 0.01 > 0.02 and ΔFCF/TA 0.43 > 1.0 |
| NWC/Revenue: -1.71k% < 20% (prev -2.01k%; Δ 298.9% < -1%) |
| CFO/TA 0.01 > 3% & CFO 60.9m > Net Income 82.6m |
| Net Debt (263.3m) to EBITDA (51.6m): 5.10 < 3 |
| Current Ratio: 0.02 > 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: 5.06% > 50% (prev 4.19%; Δ 0.87% > 0%) |
| Interest Coverage Ratio: 0.40 > 6 (EBIT TTM 49.2m / Interest Expense TTM 124.4m) |
| A: -0.85 (Total Current Assets 85.0m - Total Current Liabilities 5.47b) / Total Assets 6.34b |
| B: 0.07 (Retained Earnings 466.0m / Total Assets 6.34b) |
| C: 0.01 (EBIT TTM 49.2m / Avg Total Assets 6.24b) |
| D: 0.11 (Book Value of Equity 643.4m / Total Liabilities 5.69b) |
| Altman-Z'' = -5.17 = D |
| DSRI: 0.83 (Receivables 25.5m/24.9m, Revenue 315.6m/257.4m) |
| GMI: 0.67 (GM 38.84% / 57.94%) |
| AQI: 1.01 (AQ_t 0.98 / AQ_t-1 0.97) |
| SGI: 1.23 (Revenue 315.6m / 257.4m) |
| TATA: 0.00 (NI 82.6m - CFO 60.9m) / TA 6.34b) |
| Beneish M = -3.30 (Cap -4..+1) = AA |
As of September 27, 2026, the stock is trading at USD 40.23 with a total of 108,323 shares traded. Over the past week, the price has changed by -1.01%, over one month by -0.18%, over three months by +4.77% and over the past year by +53.22%.
Current recommended Stop Loss: 39.30 (which is 2.3% 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 | 45 | 11.9% |
P/E Trailing = 10.005
P/E Forward = 11.274
P/S = 3.2636
P/B = 1.2693
P/EG = 1.4095
Revenue TTM = 315.6m USD
EBIT TTM = 49.2m USD
EBITDA TTM = 51.6m USD
Long Term Debt = 78.7m USD (from longTermDebt, last quarter)
Short Term Debt = 182.0m USD (from shortTermDebt, last quarter)
Debt = 322.8m USD (from shortLongTermDebtTotal, last quarter) + Leases 31.9m
Net Debt = 263.3m USD (calculated: Debt 322.8m - CCE 59.6m)
Enterprise Value = 1.06b USD (794.6m + Debt 322.8m - CCE 59.6m)
Interest Coverage Ratio = 0.40 (Ebit TTM 49.2m / Interest Expense TTM 124.4m)
EV/FCF = 18.81x (Enterprise Value 1.06b / FCF TTM 56.2m)
FCF Yield = 5.32% (FCF TTM 56.2m / Enterprise Value 1.06b)
FCF Margin = 17.82% (FCF TTM 56.2m / 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 = 0.17 (Enterprise Value 1.06b / Total Assets 6.34b)
Interest Expense / Debt = 38.52% (Interest Expense 124.4m / Debt 322.8m)
Taxrate = 17.10% (17.0m / 99.7m)
NOPAT = 40.8m (EBIT 49.2m * (1 - 17.10%))
Current Ratio = 0.02 (Total Current Assets 85.0m / Total Current Liabilities 5.47b)
Debt / Equity = 0.50 (Debt 322.8m / totalStockholderEquity, last quarter 643.4m)
Debt / EBITDA = 5.10 (Net Debt 263.3m / EBITDA 51.6m)
Debt / FCF = 4.68 (Net Debt 263.3m / FCF TTM 56.2m)
Total Stockholder Equity = 631.4m (last 4 quarters mean from totalStockholderEquity)
RoA = 1.32% (Net Income 82.6m / Total Assets 6.34b)
RoE = 13.09% (Net Income TTM 82.6m / Total Stockholder Equity 631.4m)
RoCE = 6.93% (EBIT 49.2m / Capital Employed (Equity 631.4m + L.T.Debt 78.7m))
RoIC = 0.65% (NOPAT 40.8m / Invested Capital 6.32b)
WACC = 15.42% (E(794.6m)/V(1.12b) * Re(8.71%) + D(322.8m)/V(1.12b) * Rd(38.52%) * (1-Tc(0.17)))
Discount Rate = 8.71% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 84.44 | Cagr: 11.66%
[DCF] Terminal Value 58.50% ; FCFF base≈45.0m ; Y1≈51.6m ; Y5≈75.9m
[DCF] Fair Price = 12.15 (EV 502.8m - Net Debt 263.3m = Equity 239.5m / Shares 19.7m; r=15.42% [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=1.05 | Chg30d=+3.45% | Revisions=+40% | Analysts=2
EPS current Year (2026-12-31): EPS=4.19 | Chg30d=+4.36% | Revisions=+40% | GrowthEPS=+16.0% | GrowthRev=+6.5%
EPS next Year (2027-12-31): EPS=4.30 | Chg30d=+2.63% | Revisions=+40% | GrowthEPS=+2.6% | GrowthRev=+4.6%
[Analyst] Revisions Ratio: +67% (up=6, down=0)