Financial Institutions (FISI) Stock Price, News & Analysis

Company Overview

Financial Institutions, Inc. (NASDAQ: FISI) is a non-diversified, closed-end management investment company that seeks to provide tax-advantaged income to shareholders. The company invests primarily in investment-grade municipal obligations issued by states, municipalities and government agencies across the United States. By focusing on high-credit-quality bonds, Financial Institutions aims to deliver current income that is exempt from federal income tax.

In constructing its portfolio, the company may also utilize money market instruments and repurchase agreements to manage liquidity and facilitate efficient settlement. Its investment strategy emphasizes thorough credit analysis and sector diversification, with allocations that can include general obligation bonds, revenue bonds pledged against specific projects and securities issued for public infrastructure development. This disciplined approach is designed to balance yield objectives with capital preservation.

Financial Institutions, Inc. is listed on the Nasdaq under the ticker FISI and maintains regular disclosure of its portfolio holdings and performance metrics. The company’s governance structure includes an independent board of directors and an experienced investment adviser, ensuring that portfolio decisions and risk management practices align with the interests of its shareholders.

Key Stats

• Today's Range: $34.92 to $35.62
• 50-Day Range: $30.25 to $35.41
• 52-Week Range: $24.41 to $35.67
• Volume: 2,655 shs
• Average Volume: 142,060 shs
• Market Capitalization: $690.92 million
• P/E Ratio: 9.14
• Dividend Yield: 3.65%
• Price Target: $37.00
• Consensus Rating: Moderate Buy

Financial Institutions Stock Analysis - MarketRank™

Financial Institutions scored higher than 42% of companies evaluated by MarketBeat, and ranked 679th out of 878 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 1.9 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

Financial Institutions has received a consensus rating of Moderate Buy. The company's average rating score is 2.50, and is based on no strong buy ratings, 2 buy ratings, 2 hold ratings, and no sell ratings.

Upside/Downside

The consensus price target for Financial Institutions is close to its current price, suggesting limited near-term upside or downside.

Amount of Analyst Coverage

Financial Institutions has only been the subject of 1 research reports in the past 90 days.

Earnings and Valuation

• Score: 1.9 / 5
• Proj. Earnings Growth: 6.06%

Earnings Growth

Earnings for Financial Institutions are expected to grow by 6.06% in the coming year, from $3.96 to $4.20 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Financial Institutions is 9.14, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 38.37.

Price to Earnings Ratio vs. Sector

The P/E ratio of Financial Institutions is 9.14, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 23.15.

Price to Book Value per Share Ratio

Financial Institutions has a P/B Ratio of 1.12. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

2.88% of the float of Financial Institutions has been sold short.

Short Interest Ratio / Days to Cover

Financial Institutions has a short interest ratio ("days to cover") of 4.69.

Change versus previous month

Short interest in Financial Institutions has recently decreased by 1.69%, indicating that investor sentiment is improving.

Dividend

• Score: 3.3 / 5
• Dividend Strength: Strong

Dividend Leadership

Financial Institutions is a leading dividend payer. It pays a dividend yield of 3.62%, putting its dividend yield in the top 25% of dividend-paying stocks.

Dividend Growth

Financial Institutions has only been increasing its dividend for 1 years.

Dividend Coverage

The dividend payout ratio of Financial Institutions is 33.33%. This payout ratio is at a healthy, sustainable level, below 75%.

Dividend Sustainability

Based on earnings estimates, Financial Institutions will have a dividend payout ratio of 30.48% next year. This indicates that Financial Institutions will be able to sustain or increase its dividend.

News and Social Media

• Score: 0.1 / 5
• News Sentiment: -1.88

News Sentiment

Financial Institutions has a news sentiment score of -1.88. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.69 average news sentiment score of Finance companies.

News Coverage This Week

MarketBeat has tracked 2 news articles for Financial Institutions this week, compared to 3 articles on an average week.

Company Ownership

• Score: 0.8 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Financial Institutions insiders have not sold or bought any company stock.

Percentage Held by Insiders

2.44% of the stock of Financial Institutions is held by insiders.

Percentage Held by Institutions

60.45% of the stock of Financial Institutions is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

FISI Stock Analysis - Frequently Asked Questions

How have FISI shares performed this year?

Financial Institutions' stock was trading at $31.17 at the start of the year. Since then, FISI stock has increased by 12.6% and is now trading at $35.09.

How were Financial Institutions' earnings last quarter?

Financial Institutions, Inc. (NASDAQ:FISI) issued its quarterly earnings data on Thursday, April, 23rd. The bank reported $1.04 earnings per share for the quarter, beating the consensus estimate of $0.92 by $0.12. The bank earned $62.67 million during the quarter, compared to analyst estimates of $62.76 million. Financial Institutions had a trailing twelve-month return on equity of 13.08% and a net margin of 20.85%.
Read the conference call transcript.

Is Financial Institutions doing a stock buyback?

Financial Institutions' Board of Directors approved a stock repurchase program on Monday, September 22nd 2025, which allows the company to buy back $1,000,000 in shares, according to EventVestor. This means that the company could purchase up to 0.2% of its stock through open market purchases. Stock buyback programs are generally a sign that the company's board believes its shares are undervalued.

Who are Financial Institutions' major shareholders?

Top institutional shareholders of Financial Institutions include Dimensional Fund Advisors LP (4.86%), Hillsdale Investment Management Inc. (1.18%), Bank of New York Mellon Corp (0.59%) and Strs Ohio (0.10%). Insiders that own company stock include Samuel M Gullo, Robert N Latella and Kevin B Quinn.
View institutional ownership trends.

How do I buy shares of Financial Institutions?

Shares of FISI stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

What other stocks do shareholders of Financial Institutions own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Financial Institutions investors own include NVIDIA (NVDA), Meta Platforms (META), Broadcom (AVGO), Advanced Micro Devices (AMD), Adobe (ADBE), ServiceNow (NOW) and Arista Networks (ANET).

Company Calendar

• Record date for 4/2 Dividend: 3/13/2026
• Ex-Dividend for 4/2 Dividend: 3/13/2026
• Dividend Payable: 4/02/2026
• Last Earnings: 4/23/2026
• Today: 5/08/2026
• Next Earnings (Estimated): 7/23/2026
• Fiscal Year End: 12/31/2026

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Finance
• Industry: BANKS - NORTHEAST
• Sub-Industry: Regional Banks
• Current Symbol: NASDAQ:FISI
• CIK: 862831
• Web: www.five-starbank.com
• Phone: (585) 786-1100
• Fax: 718-786-5254
• Employees: 620
• Year Founded: N/A

Price Target and Rating

• Average Price Target for Financial Institutions: $37.00
• High Price Target: $38.00
• Low Price Target: $36.00
• Potential Upside/Downside: +4.9%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.50
• Research Coverage: 4 Analysts

Profitability

• EPS (Trailing Twelve Months): $3.84
• Trailing P/E Ratio: 9.22
• Forward P/E Ratio: 8.91
• P/E Growth: N/A
• Net Income: $74.87 million
• Net Margins: 20.85%
• Pretax Margin: 25.23%
• Return on Equity: 13.08%
• Return on Assets: 1.26%

Debt

• Debt-to-Equity Ratio: 0.13
• Current Ratio: 0.86
• Quick Ratio: 0.89

Sales & Book Value

• Annual Sales: $377.94 million
• Price / Sales: 1.84
• Cash Flow: $3.78 per share
• Price / Cash Flow: 9.32
• Book Value: $31.21 per share
• Price / Book: 1.13

Miscellaneous

• Outstanding Shares: 19,690,000
• Free Float: 19,206,000
• Market Cap: $694.56 million
• Optionable: Optionable
• Beta: 0.63