Keefe, Bruyette & Woods Comments on FISI Q3 Earnings

Key Points

• Keefe, Bruyette & Woods expects Q3 2026 EPS of $1.05 for Financial Institutions and maintains an “Outperform” rating with a $45 price target. Full-year consensus EPS is $4.21.
• Financial Institutions’ latest quarter exceeded expectations, with EPS of $1.04 versus the $0.93 consensus and revenue of $64.31 million versus estimates of $63.54 million.
• The stock has a consensus “Moderate Buy” rating and a $45 average price target. The company pays a quarterly dividend of $0.32, yielding about 3.2%, while institutional investors own 60.45% of shares.

Financial Institutions, Inc. (NASDAQ:FISI - Free Report) - Investment analysts at Keefe, Bruyette & Woods issued their Q3 2026 EPS estimates for shares of Financial Institutions in a research note issued on Friday, October 23rd. Keefe, Bruyette & Woods analyst D. Delmonte anticipates that the bank will post earnings per share of $1.05 for the quarter. Keefe, Bruyette & Woods has an "Outperform" rating and a $45.00 price objective on the stock. The consensus estimate for Financial Institutions' current full-year earnings is $4.21 per share.

Financial Institutions (NASDAQ:FISI - Get Free Report) last issued its earnings results on Thursday, July 23rd. The bank reported $1.04 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.93 by $0.11. The business had revenue of $64.31 million for the quarter, compared to analyst estimates of $63.54 million. Financial Institutions had a net margin of 21.78% and a return on equity of 13.45%.

FISI has been the topic of a number of other research reports. Weiss Ratings reaffirmed a "buy (b)" rating on shares of Financial Institutions in a report on Friday, October 2nd. Piper Sandler reiterated a "neutral" rating and issued a $45.00 target price (up from $38.00) on shares of Financial Institutions in a research report on Monday, August 3rd. Two equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat.com, Financial Institutions currently has a consensus rating of "Moderate Buy" and an average price target of $45.00.

Financial Institutions Price Performance

Shares of Financial Institutions stock opened at $40.58 on Monday. The company has a quick ratio of 0.88, a current ratio of 0.88 and a debt-to-equity ratio of 0.13. The firm has a market cap of $799.83 million, a P/E ratio of 10.07 and a beta of 0.62. Financial Institutions has a fifty-two week low of $27.84 and a fifty-two week high of $42.97. The business has a 50-day moving average price of $40.23 and a 200 day moving average price of $38.40.

Financial Institutions Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, October 2nd. Stockholders of record on Tuesday, September 15th were given a $0.32 dividend. This represents a $1.28 dividend on an annualized basis and a dividend yield of 3.2%. The ex-dividend date was Tuesday, September 15th. Financial Institutions's dividend payout ratio (DPR) is presently 31.76%.

Institutional Investors Weigh In On Financial Institutions

A number of institutional investors have recently modified their holdings of the business. BlackRock Inc. acquired a new stake in Financial Institutions during the second quarter worth about $64,973,000. Ategra Capital Management LLC acquired a new stake in shares of Financial Institutions during the 2nd quarter worth approximately $21,983,000. Hillsdale Investment Management Inc. acquired a new stake in shares of Financial Institutions during the 1st quarter worth approximately $7,391,000. Canandaigua National Bank & Trust Co. bought a new stake in shares of Financial Institutions in the 2nd quarter worth approximately $6,006,000. Finally, Bank of America Corp DE bought a new stake in shares of Financial Institutions in the 2nd quarter worth approximately $5,015,000. Institutional investors own 60.45% of the company's stock.

Financial Institutions Company Profile

Financial Institutions, Inc NASDAQ: FISI is a diversified financial services company headquartered in Warsaw, New York. Through its principal banking subsidiary, Five Star Bank, the company provides community banking services to individuals, families, businesses and public-sector organizations.

Five Star Bank offers deposit accounts, residential and commercial real estate lending, consumer loans, business financing, cash-management services and other traditional banking products. The company also provides wealth management, investment advisory and retirement-plan administration services through specialized subsidiaries, including Courier Capital and Benefit Plan Administrative Services.

Financial Institutions serves customers primarily across communities in upstate New York, with related financial services available in additional markets.

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