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FISIFinancial Institutions, Inc.
$38.92$766M
Overview & Verdict
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FISI logoFinancial Institutions, Inc.(FISI)Earnings, Financials & Key Ratios

FISI•NASDAQ•Banking & Credit
$38.92
10.8× P/E·Price updated Jul 6, 2026
SectorFinancial ServicesIndustryRegional BanksSub-IndustryBanks with large fee businesses
AboutFinancial Institutions, Inc. operates as a holding company for the Five Star Bank, a chartered bank that provides banking and financial services to individuals, municipalities, and businesses in New York. The company offers checking and savings account programs, including money market accounts, certificates of deposit, sweep investments, and individual retirement and other qualified plan accounts. Its loan products include term loans and lines of credit; short and medium-term commercial loans for working capital, business expansion, and purchase of equipment; commercial business loans to the agricultural industry; commercial mortgage loans; one-to-four family residential mortgage loans, home improvement loans, closed-end home equity loans, and home equity lines of credit; and consumer loans, such as automobile, secured installment, and personal loans. The company also provides personal insurance products, including automobile, homeowners, boat, recreational vehicle, landlord, and umbrella coverage; commercial insurance comprising property, liability, automobile, inland marine, workers compensation, bonds, crop, and umbrella insurance products; and financial services comprising life and disability insurance, medicare supplements, long-term care, annuities, mutual funds, and retirement programs. In addition, it offers customized investment advisory, wealth management, investment consulting, and retirement plan services, as well as operates a real estate investment trust that holds residential mortgages and commercial real estate loans. The company operates a network of 48 banking offices in Allegany, Cattaraugus, Cayuga, Chautauqua, Chemung, Erie, Genesee, Livingston, Monroe, Ontario, Orleans, Seneca, Schuyler, Steuben, Wayne, Wyoming, and Yates counties, New York. Financial Institutions, Inc. was founded in 1817 and is headquartered in Warsaw, New York.Show more
  • Net Interest Income$200M+22.2%
  • Total Revenue$378M+43.1%
  • Net Income$75M+279.8%
  • Return on Equity12.5%+253.6%
  • Net Interest Margin3.19%+19.2%
  • Efficiency Ratio37.56%-36.5%
  • ROA1.21%+278.1%
  • Equity / Assets10.02%+7.8%
  • Book Value per Share30.95-14.7%

FISI Price & Volume

Financial Institutions, Inc. (FISI) stock price & volume — 10-year historical chart

Loading chart...

Stable Interest Income Offsets Securities Portfolio Concentration

Investment Thesis • Updated 2026Q1

VerdictNeutral
Growth:Mixed
Profitability:Moderate
Financial:Healthy
Cash Flow:Mixed
Primary Risk:Regional economic concentration risk

Key Thesis Takeaways

  • Financial Institutions, Inc.
  • demonstrates a disciplined approach to operational efficiency, maintaining an efficiency ratio between 36% and 41% while steadily growing net interest income to $52.0 million as of 2026Q1.
  • However, the bank's heavy reliance on a $5.8 billion investment securities portfolio, representing over 90% of total assets, creates significant duration risk and potential earnings volatility.
  • Investors should monitor the bank's ability to navigate regional economic concentration risks and the impact of fluctuating credit provisions on long-term capital stability.

Verdict Logic

while the bank maintains a stable 3.1% dividend yield and a forward P/E of 9.70, the extreme concentration of assets in securities and historical earnings volatility warrant a cautious approach.

FISI Growth Metrics

Financial Institutions, Inc. (FISI) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR

Revenue CAGR

10 Years10.82%
5 Years13.08%
3 Years16.17%
TTM-

Profit CAGR

10 Years10.2%
5 Years14.33%
3 Years9.79%
TTM394.26%

EPS CAGR

10 Years6.63%
5 Years9.43%
3 Years0.47%
TTM313.33%

Return on Capital

10 Years8.88%
5 Years7.29%
3 Years3.55%
Last Year10.01%

FISI Recent Earnings

Financial Institutions, Inc. (FISI) EPS & revenue vs analyst estimates — last 4 quarters

Full history →
●Beat EPS 6/12 qtrs (55%)●Beat Revenue 7/12 qtrs (64%)
Q2 2026Latest
Apr 23, 2026
Metric
Actual
Est
EPS
$1.04+13.0%
$0.92
Rev
$63M-0.2%
$63M
Q2 2026
Mar 9, 2026
Metric
Actual
Est
EPS
$0.98
—
Rev
$97M
—
Q1 2026
Jan 29, 2026
Metric
Actual
Est
EPS
$0.96+1.1%
$0.95
Rev
$64M+1.8%
$63M
Q4 2025
Oct 23, 2025
Metric
Actual
Est
EPS
$0.99+5.3%
$0.94
Rev
$64M+0.9%
$63M
QuarterDateEPS (Act vs Est)Revenue (Act vs Est)
Q2 2026LatestApr 23, 2026
$1.04vs $0.92+13.0%
$63Mvs $63M-0.2%
Q2 2026Mar 9, 2026
$0.98
$97M
Q1 2026Jan 29, 2026
$0.96vs $0.95+1.1%
$64Mvs $63M+1.8%
Q4 2025Oct 23, 2025
$0.99vs $0.94+5.3%
$64Mvs $63M+0.9%
Based on last 12 quarters of dataView full earnings history →

Latest FISI News

Recent stock market news and headlines for Financial Institutions, Inc. (FISI)

GlobeNewsWire·6 days ago
Financial Institutions, Inc. Schedules Second Quarter 2026 Earnings Release and Conference Call

WARSAW, N.Y., June 30, 2026 (GLOBE NEWSWIRE) -- Financial Institutions, Inc. (NASDAQ: FISI) (the “Company”), the parent company of Five Star Bank and Courier Capital, LLC, will release results for the second quarter ending June 30, 2026, after the market closes on July 23, 2026.

Zacks Investment Research·6 days ago
Are You Looking for a Top Momentum Pick? Why Financial Institutions (FISI) is a Great Choice

Does Financial Institutions (FISI) have what it takes to be a top stock pick for momentum investors? Let's find out.

Zacks Investment Research·Jun 22, 2026
Are You Looking for a High-Growth Dividend Stock?

Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Financial Institutions (FISI) have what it takes?

Peers Comparison

Key metrics vs top competitors for Financial Institutions, Inc. (FISI)

Full Screener →
CompanyPriceMarket CapP/E RatioRev Growth (1Y)Net MarginROEDiv Yield
FISI logoFISIFinancial Institutions, Inc.Current
$38.92$766.19M10.7843.07%19.81%12.5%3.13%
NBTB logoNBTBNBT Bancorp Inc.
$50.16$2.61B15.0610.36%19.66%9.83%—
TRMK logoTRMKTrustmark Corporation
$46.55$2.73B12.5834.75%19%10.75%—
CNOB logoCNOBConnectOne Bancorp, Inc.
$32.72$1.65B22.1113.44%13.35%6.32%—
EGBN logoEGBNEagle Bancorp, Inc.
$27.20$829.48M-6.46-10.35%-18.65%-10.01%—
TRST logoTRSTTrustCo Bank Corp NY
$54.97$960.59M16.915.77%22.43%9.21%—

Compare FISI vs Peers

Financial Institutions, Inc. (FISI) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.

Closest Rival

vs NBTB

Most directly comparable listed peer for FISI.

Scale Benchmark

vs FISV

Larger-name benchmark to compare FISI against a more recognizable public peer.

Peer Set

Compare Top 5

vs NBTB, TRMK, CNOB, EGBN

FISI SEC Filings & Documents

Financial Institutions, Inc. (FISI) SEC filings — annual & quarterly reports (10-K, 10-Q)

8-K Announcements

6
Material company update

May 21, 2026·SEC

Material company update

May 20, 2026·SEC

Material company update

Apr 23, 2026·SEC

10-K Annual Reports

3
FY 2026

Mar 9, 2026·SEC

FY 2025

Mar 12, 2025·SEC

FY 2024

Mar 13, 2024·SEC

10-Q Quarterly Reports

6
FY 2026

May 4, 2026·SEC

FY 2025

Nov 3, 2025·SEC

FY 2025

Aug 4, 2025·SEC

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FISI Frequently Asked Questions

Financial Institutions, Inc. (FISI) stock FAQ — growth, dividends, profitability & financials explained

Growth & Financials
How fast is Financial Institutions, Inc. growing?

Financial Institutions, Inc. (FISI) grew revenue by 43.1% over the past year. This is strong growth.

Is FISI profitable?

Yes, Financial Institutions, Inc. (FISI) is profitable, generating $79.0M in net income for fiscal year 2025 (19.8% net margin).

Dividend & Returns
Does FISI pay dividends?

Yes, Financial Institutions, Inc. (FISI) pays a dividend with a yield of 3.13%. This makes it attractive for income-focused investors.

What is FISI's return on equity?

Financial Institutions, Inc. (FISI) has a return on equity (ROE) of 12.5%. This is reasonable for most industries.

Industry Metrics
What is Financial Institutions, Inc.'s net interest margin?

Financial Institutions, Inc. (FISI) has a net interest margin (NIM) of 3.2%. This indicates healthy earnings from lending activities.

What is Financial Institutions, Inc.'s efficiency ratio?

Financial Institutions, Inc. (FISI) has an efficiency ratio of 37.6%. This is excellent, indicating strong cost control.

What if you invested $1,000 in FISI back in 1998?

Total return calculator · dividends reinvested · 28+ years of data

See returns →