Financial Institutions Company Profile (NASDAQ:FISI)

About Financial Institutions

Financial Institutions logoFinancial Institutions, Inc. (FII) is a financial holding company. The Company conducts its business through its subsidiaries: Five Star Bank (the Bank), a New York chartered bank, and Scott Danahy Naylon, LLC (SDN), a full service insurance agency. The Company offers an array of deposit, lending, insurance services and other financial services to individuals, municipalities and businesses in Western and Central New York through the Bank. The Company operates through two segments: banking and insurance. The banking segment includes the Company's retail and commercial banking operations. The insurance segment includes the activities of SDN, which provides a range of insurance services to both personal and business clients. It offers a choice of various delivery systems and channels, including telephone, point-of-sale transactions, automated clearing house (ACH) transactions, remote deposit and mobile banking through telephone or wireless devices.

Industry, Sector and Symbol:
  • Sector: Finance
  • Industry: Regional - Mid-Atlantic Banks
  • Sub-Industry: Regional Banks
  • Exchange: NASDAQ
  • Symbol: FISI
  • CUSIP: 31758540
Key Metrics:
  • Previous Close: $35.03
  • 50 Day Moving Average: $33.43
  • 200 Day Moving Average: $29.92
  • 52-Week Range: $24.56 - $35.35
  • Trailing P/E Ratio: 16.81
  • Foreward P/E Ratio: 14.83
  • P/E Growth: 2.05
  • Market Cap: $510.37M
  • Outstanding Shares: 14,458,000
  • Beta: 1.04
Profitability:
  • Net Margins: 21.15%
  • Return on Equity: 10.52%
  • Return on Assets: 0.89%
Debt:
  • Debt-to-Equity Ratio: 0.13%
  • Current Ratio: 0.72%
  • Quick Ratio: 0.72%
Additional Links:
Companies Related to Financial Institutions:

Analyst Ratings

Consensus Ratings for Financial Institutions (NASDAQ:FISI) (?)
Ratings Breakdown: 2 Hold Ratings
Consensus Rating:Hold (Score: 2.00)
Consensus Price Target: $27.00 (23.51% downside)

Analysts' Ratings History for Financial Institutions (NASDAQ:FISI)
Show:
DateFirmActionRatingPrice TargetDetails
7/28/2016Keefe, Bruyette & WoodsBoost Price TargetMarket Perform$26.00 -> $27.00View Rating Details
2/26/2016Piper Jaffray CompaniesDowngradeOverweight -> Neutral$27.00View Rating Details
(Data available from 2/25/2015 forward)

Earnings

Earnings History for Financial Institutions (NASDAQ:FISI)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
4/24/2017        
1/24/2017Q4 2016$0.51$0.57ViewN/AView Earnings Details
10/25/2016Q3$0.50$0.56ViewN/AView Earnings Details
7/26/2016Q2$0.48$0.47ViewN/AView Earnings Details
4/26/2016Q1$0.46$0.50ViewN/AView Earnings Details
1/26/2016Q4$0.49$0.44ViewN/AView Earnings Details
10/27/2015Q3$0.48$0.56ViewN/AView Earnings Details
7/22/2015Q2$0.45$0.44ViewN/AView Earnings Details
4/22/2015$0.44$0.46ViewN/AView Earnings Details
1/28/2015Q414$0.49$0.54$27.20 million$29.30 millionViewN/AView Earnings Details
10/22/2014Q3$0.47$0.49ViewN/AView Earnings Details
7/23/2014Q413$0.46$0.48$26.46 millionViewN/AView Earnings Details
4/23/2014$0.45$0.50ViewN/AView Earnings Details
1/29/2014Q4$0.47$0.43ViewN/AView Earnings Details
10/24/2013Q313$0.45$0.42$29.20 millionViewN/AView Earnings Details
1/30/2013Q4 2012$0.46$0.43$29.30 millionViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Financial Institutions (NASDAQ:FISI)
Current Year EPS Consensus Estimate: $2.14 EPS
Next Year EPS Consensus Estimate: $2.38 EPS

Dividends

Current Dividend Information for Financial Institutions (NASDAQ:FISI)
Annual Dividend:$0.84
Dividend Yield:2.38%
Payout Ratio:40.00% (Based on Trailing 12 Months of Earnings)
39.25% (Based on Current Year Consensus EPS Estimate)
35.29% (Based on Next Year Consensus EPS Estimate)

Dividend History for Financial Institutions (NASDAQ:FISI)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
2/24/2017quarterly$0.212.38%3/10/20173/14/20174/3/2017
11/3/2016quarterly$0.213.17%12/8/201612/12/20161/3/2017
8/31/2016quarterly$0.203%9/8/20169/12/201610/3/2016
5/19/2016quarterly$0.202.91%6/9/20166/13/20167/5/2016
2/25/2016quarterly$0.202.99%3/11/20163/15/20164/4/2016
11/19/2015quarterly$0.202.98%12/8/201512/10/20151/4/2016
8/27/2015quarterly$0.203.27%9/8/20159/10/201510/2/2015
5/21/2015quarterly$0.203.39%6/9/20156/11/20157/2/2015
2/26/2015quarterly$0.203.51%3/10/20153/12/20154/2/2015
11/19/2014quarterly$0.203.34%12/10/201412/12/20141/2/2015
8/27/2014quarterly$0.193.18%9/10/20149/12/201410/2/2014
5/21/2014quarterly$0.193.34%6/11/20146/13/20147/2/2014
2/19/2014quarterly$0.193.53%3/11/20143/13/20144/2/2014
11/20/2013quarterly$0.193.19%12/10/201312/12/20131/2/2014
8/21/2013quarterly$0.193.84%9/10/20139/12/201310/2/2013
5/22/2013quarterly$0.183.64%6/11/20136/13/20137/2/2013
2/20/2013quarterly$0.183.59%3/12/20133/14/20134/2/2013
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for Financial Institutions (NASDAQ:FISI)
Insider Ownership Percentage: 6.23%
Institutional Ownership Percentage: 61.49%
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
1/30/2017John E BenjaminDirectorSell1,700$33.84$57,528.00View SEC Filing  
8/26/2016Charles J GuarinoInsiderBuy400$26.47$10,588.00View SEC Filing  
8/24/2016Kevin B KlotzbachCFOBuy900$27.04$24,336.00View SEC Filing  
8/17/2016Martin Kearney BirminghamCEOBuy5,000$26.64$133,200.00View SEC Filing  
8/17/2016William L KreienbergCAOBuy3,000$26.43$79,290.00View SEC Filing  
7/29/2016Andrew W Dorn JrDirectorBuy1,000$27.11$27,110.00View SEC Filing  
6/13/2016David G CaseSVPSell1,000$27.39$27,390.00View SEC Filing  
6/13/2016Jeffrey Patrick KenefickEVPSell4,096$27.52$112,721.92View SEC Filing  
5/10/2016Charles J GuarinoSVPBuy500$27.14$13,570.00View SEC Filing  
4/29/2016Karl Valentine Anderson JrDirectorSell1,410$28.44$40,100.40View SEC Filing  
2/25/2016Robert M GlaserDirectorBuy2,000$26.70$53,400.00View SEC Filing  
2/11/2016Paula Dollinger DolanSVPBuy4,500$26.18$117,810.00View SEC Filing  
2/2/2016Martin Kearney BirminghamCEOBuy9,254$26.64$246,526.56View SEC Filing  
2/1/2016John E. BenjaminDirectorSell1,550$27.14$42,067.00View SEC Filing  
11/4/2015Martin Kearney BirminghamCEOBuy2,000$26.59$53,180.00View SEC Filing  
6/10/2015Andrew W Dorn JrDirectorBuy1,500$23.70$35,550.00View SEC Filing  
6/9/2015William L KreienbergEVPBuy2,500$23.80$59,500.00View SEC Filing  
5/27/2015William L KreienbergEVPBuy2,000$23.38$46,760.00View SEC Filing  
5/21/2015William L KreienbergEVPBuy2,000$23.63$47,260.00View SEC Filing  
5/18/2015William L KreienbergEVPBuy2,000$23.50$47,000.00View SEC Filing  
5/13/2015William L KreienbergEVPBuy1,000$23.24$23,240.00View SEC Filing  
3/2/2015Martin Kearney BirminghamCEOBuy4,000$22.76$91,040.00View SEC Filing  
2/23/2015William L KreienbergEVPBuy1,000$22.50$22,500.00View SEC Filing  
2/11/2015William L KreienbergEVPBuy1,000$22.40$22,400.00View SEC Filing  
2/9/2015William L KreienbergGeneral CounselBuy2,000$22.70$45,400.00View SEC Filing  
2/6/2015John E BenjaminDirectorSell1,200$23.00$27,600.00View SEC Filing  
2/5/2015Robert M GlaserDirectorBuy3,100$22.75$70,525.00View SEC Filing  
11/4/2014Richard J HarrisonEVPSell1,773$24.82$44,005.86View SEC Filing  
10/30/2014Michael David GroverCAOSell4,172$24.50$102,214.00View SEC Filing  
7/28/2014Martin Kearney BirminghamCEOBuy5,000$22.51$112,550.00View SEC Filing  
7/28/2014Paula Dollinger DolanSVPBuy2,000$22.48$44,960.00View SEC Filing  
2/5/2014Jeffrey Patrick KenefickEVPBuy2,585$20.51$53,018.35View SEC Filing  
2/5/2014Kevin KlotzbachCFOBuy1,000$20.69$20,690.00View SEC Filing  
2/3/2014Martin Kearney BirminghamCEOBuy5,000$20.42$102,100.00View SEC Filing  
8/8/2013Martin Kearney BirminghamCEOBuy5,000$21.65$108,250.00View SEC Filing  
9/5/2012Karl Francis KrebsCFOBuy1,000$17.79$17,790.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Latest Headlines for Financial Institutions (NASDAQ:FISI)
DateHeadline
4-traders.com logoFinancial Institutions, Inc. Announces Quarterly Cash Dividend (NASDAQ:FISI)
www.4-traders.com - February 23 at 5:14 PM
4-traders.com logoFinancial Institutions : Five Star Bank Announces Today’s Opening of Downtown Buffalo Financial Solution Center (NASDAQ:FISI)
www.4-traders.com - February 14 at 6:16 PM
finance.yahoo.com logoFive Star Bank Announces Today’s Opening of Downtown Buffalo Financial Solution Center (NASDAQ:FISI)
finance.yahoo.com - February 13 at 10:10 AM
feeds.benzinga.com logoWilliam E. Gallagher Named Managing Director of Scott Danahy Naylon (NASDAQ:FISI)
feeds.benzinga.com - February 3 at 11:22 AM
capitalcube.com logoFinancial Institutions, Inc. : FISI-US: Dividend Analysis : December 12th, 2016 (record date) : By the numbers : January 31, 2017 (NASDAQ:FISI)
www.capitalcube.com - January 31 at 5:55 PM
capitalcube.com logoFinancial Institutions, Inc. :FISI-US: Earnings Analysis: 2016 By the Numbers : January 27, 2017 (NASDAQ:FISI)
www.capitalcube.com - January 27 at 6:58 PM
capitalcube.com logoFinancial Institutions, Inc. :FISI-US: Earnings Analysis: Q4, 2016 By the Numbers : January 26, 2017 (NASDAQ:FISI)
www.capitalcube.com - January 26 at 6:41 PM
News IconFinancial Institutions' net income up in Q4 (NASDAQ:FISI)
www.rbj.net - January 25 at 11:38 PM
News IconWith An ROE OF 9.6% In The Past Year, Can Financial Institutions Inc (FISI) Catch Up To Its Industry? (NASDAQ:FISI)
simplywall.st - January 25 at 11:38 PM
News IconFinancial Institutions (NASDAQ:FISI) 4Q16 earnings; Beats Street View (NASDAQ:FISI)
stockmarketdaily.co - January 25 at 11:38 PM
fool.com logoFinancial Institutions Reports Double-Digit Loan and Deposit Growth (NASDAQ:FISI)
www.fool.com - January 25 at 5:54 PM
us.rd.yahoo.com logo4:11 pm Financial Inst. reports Q4 results; beats the 2-analyst estimate by $0.05 (NASDAQ:FISI)
us.rd.yahoo.com - January 24 at 10:53 PM
biz.yahoo.com logoQ4 2016 Financial Institutions Inc Earnings Release - 4:05 pm ET (NASDAQ:FISI)
us.rd.yahoo.com - January 24 at 5:53 PM
capitalcube.com logoFinancial Institutions, Inc. breached its 50 day moving average in a Bearish Manner : FISI-US : January 24, 2017 (NASDAQ:FISI)
us.rd.yahoo.com - January 24 at 5:53 PM
us.rd.yahoo.com logoFinancial Institutions, Inc. Announces Fourth Quarter and Full Year 2016 Results (NASDAQ:FISI)
us.rd.yahoo.com - January 24 at 5:53 PM
sg.finance.yahoo.com logoFinancial Institutions posts 4Q profit (NASDAQ:FISI)
sg.finance.yahoo.com - January 24 at 5:53 PM
bizjournals.com logoFive Star Bank to open Buffalo branch in February (NASDAQ:FISI)
www.bizjournals.com - January 5 at 6:07 PM
bizjournals.com logoSBA loan approvals in Western New York continue to fall short (NASDAQ:FISI)
www.bizjournals.com - January 4 at 6:22 PM
biz.yahoo.com logoFINANCIAL INSTITUTIONS INC Files SEC form 8-K, Entry into a Material Definitive Agreement, Change in Directors or Pri (NASDAQ:FISI)
biz.yahoo.com - January 4 at 12:26 AM
finance.yahoo.com logoFive Star Bank Celebrates Opening of Downtown Rochester Financial Solution Center and Announces Initiatives to Support United Way (NASDAQ:FISI)
finance.yahoo.com - December 15 at 5:46 PM
bizjournals.com logoFive Star Bank opens Rochester branch; downtown Buffalo office is next (NASDAQ:FISI)
www.bizjournals.com - December 14 at 3:23 PM
biz.yahoo.com logoFINANCIAL INSTITUTIONS INC Files SEC form 8-K, Other Events, Financial Statements and Exhibits (NASDAQ:FISI)
us.rd.yahoo.com - December 8 at 10:52 PM
News IconTop 10 strategic priorities for banking in 2017 (NASDAQ:FISI)
www.cbinsight.com - December 8 at 5:50 PM
News IconAPAC’s High Demand for Wound Care Products in Critical & Chronic Care Products Market to Soon be in Spotlight! (NASDAQ:FISI)
www.usfinancialnewstoday.com - December 8 at 5:50 PM
business.financialpost.com logoRise of populism undermining developed market credit premium, S&P says (NASDAQ:FISI)
business.financialpost.com - December 8 at 5:50 PM
nasdaq.com logoVelocityShares Launches New 3x Leveraged Long and Inverse Oil ETNs (NASDAQ:FISI)
www.nasdaq.com - December 8 at 5:50 PM
prnewswire.com logoJohn Hope Bryant Recognized as 2016 "Innovator of the Year" by American Banker Magazine (NASDAQ:FISI)
www.prnewswire.com - December 8 at 5:50 PM
nasdaq.com logoFinancial Institutions, Inc. (FISI) Ex-Dividend Date Scheduled for (NASDAQ:FISI)
www.nasdaq.com - December 7 at 3:48 PM
bizjournals.com logoFour lenders approve bulk of SBA loans in WNY (NASDAQ:FISI)
www.bizjournals.com - December 7 at 3:48 PM
finance.yahoo.com logoFive Star Bank Names Craig Burton Senior Vice President, Commercial Real Estate Executive (NASDAQ:FISI)
finance.yahoo.com - December 7 at 10:54 AM
feeds.benzinga.com logoGold Approved To Enter The $1.8 Trillion Islamic Finance Market (NASDAQ:FISI)
feeds.benzinga.com - December 5 at 10:02 AM
finance.yahoo.com logoFive Star Bank Participates in Coats for Kids Programs (NASDAQ:FISI)
finance.yahoo.com - November 22 at 4:50 PM
finance.yahoo.com logoFive Star Bank Announces Lighting of Sign Ceremony at Five Star Bank Plaza (NASDAQ:FISI)
finance.yahoo.com - November 14 at 5:16 PM
capitalcube.com logoFinancial Institutions, Inc. breached its 50 day moving average in a Bullish Manner : FISI-US : November 8, 2016 (NASDAQ:FISI)
www.capitalcube.com - November 8 at 4:13 PM
biz.yahoo.com logoFINANCIAL INSTITUTIONS INC Files SEC form 10-Q, Quarterly Report (NASDAQ:FISI)
biz.yahoo.com - November 4 at 3:56 PM
bizjournals.com logoBanks' push a big reason that SBA approvals topped 1,000 this year (NASDAQ:FISI)
www.bizjournals.com - November 3 at 8:08 AM
publicnow.com logoFinancial Institutions, Inc. Announces Increase in Quarterly Cash Dividend (NASDAQ:FISI)
www.publicnow.com - November 2 at 5:10 PM
finance.yahoo.com logoExpansion of PUC Achieve Charter School Funded With Loan Led by Five Star Bank (NASDAQ:FISI)
finance.yahoo.com - November 1 at 9:27 AM
capitalcube.com logoETF’s with exposure to Financial Institutions, Inc. : October 31, 2016 (NASDAQ:FISI)
www.capitalcube.com - October 31 at 5:09 PM
capitalcube.com logoFinancial Institutions, Inc. :FISI-US: Earnings Analysis: Q3, 2016 By the Numbers : October 28, 2016 (NASDAQ:FISI)
www.capitalcube.com - October 28 at 4:50 PM
capitalcube.com logoFinancial Institutions, Inc. breached its 50 day moving average in a Bullish Manner : FISI-US : October 27, 2016 (NASDAQ:FISI)
www.capitalcube.com - October 27 at 9:41 AM
sg.finance.yahoo.com logoFinancial Institutions posts 3Q profit (NASDAQ:FISI)
sg.finance.yahoo.com - October 26 at 8:09 AM
biz.yahoo.com logoFINANCIAL INSTITUTIONS INC Files SEC form 8-K, Results of Operations and Financial Condition, Regulation FD Disclosur (NASDAQ:FISI)
biz.yahoo.com - October 26 at 8:09 AM
fool.com logoFinancial Institutions' Q3 Earnings: Slow and Steady Profits (NASDAQ:FISI)
www.fool.com - October 25 at 10:36 PM
publicnow.com logoFinancial Institutions, Inc. Announces Third Quarter 2016 Results (NASDAQ:FISI)
www.publicnow.com - October 25 at 5:03 PM
biz.yahoo.com logoQ3 2016 Financial Institutions Inc Earnings Release - 4:05 pm ET (NASDAQ:FISI)
biz.yahoo.com - October 25 at 9:57 AM
bizjournals.com logoFive Star rehires commercial banker to lead Buffalo market (NASDAQ:FISI)
www.bizjournals.com - October 11 at 5:14 PM
capitalcube.com logoFinancial Institutions, Inc. breached its 50 day moving average in a Bearish Manner : FISI-US : October 7, 2016 (NASDAQ:FISI)
www.capitalcube.com - October 7 at 9:59 AM
capitalcube.com logoFinancial Institutions, Inc. breached its 50 day moving average in a Bearish Manner : FISI-US : September 27, 2016 (NASDAQ:FISI)
www.capitalcube.com - September 27 at 9:37 AM
capitalcube.com logoFinancial Institutions, Inc. breached its 50 day moving average in a Bearish Manner : FISI-US : September 15, 2016 (NASDAQ:FISI)
www.capitalcube.com - September 15 at 5:24 PM

Social

What is Financial Institutions' stock symbol?

Financial Institutions trades on the NASDAQ under the ticker symbol "FISI."

How often does Financial Institutions pay dividends? What is the dividend yield for Financial Institutions?

Financial Institutions announced a quarterly dividend on Friday, February 24th. Stockholders of record on Tuesday, March 14th will be paid a dividend of $0.21 per share on Monday, April 3rd. This represents a $0.84 dividend on an annualized basis and a dividend yield of 2.38%. The ex-dividend date is Friday, March 10th.

Where is Financial Institutions' stock going? Where will Financial Institutions' stock price be in 2017?

2 equities research analysts have issued 1 year target prices for Financial Institutions' shares. Their predictions range from $27.00 to $27.00. On average, they anticipate Financial Institutions' stock price to reach $27.00 in the next year.

When will Financial Institutions announce their earnings?

Financial Institutions is scheduled to release their next quarterly earnings announcement on Monday, April, 24th 2017.

Who owns Financial Institutions stock?

Financial Institutions' stock is owned by many different of retail and institutional investors. Top institutional shareholders include Dimensional Fund Advisors LP (5.77%), FMR LLC (2.51%), State Street Corp (1.82%), Renaissance Technologies LLC (1.74%), AlphaOne Investment Services LLC (0.78%) and Martingale Asset Management L P (0.66%). Company insiders that own Financial Institutions stock include Andrew W Dorn Jr, Charles J Guarino, David G Case, Jeffrey Patrick Kenefick, John E Benjamin, Karl Valentine Anderson Jr, Kevin B Klotzbach, Martin Kearney Birmingham, Paula Dollinger Dolan, Robert M Glaser and William L Kreienberg.

Who sold Financial Institutions stock? Who is selling Financial Institutions stock?

Financial Institutions' stock was sold by a variety of institutional investors in the last quarter, including FMR LLC, AlphaOne Investment Services LLC, O Shaughnessy Asset Management LLC and Metropolitan Life Insurance Co. NY. Company insiders that have sold Financial Institutions stock in the last year include David G Case, Jeffrey Patrick Kenefick, John E Benjamin and Karl Valentine Anderson Jr.

Who bought Financial Institutions stock? Who is buying Financial Institutions stock?

Financial Institutions' stock was purchased by a variety of institutional investors in the last quarter, including Renaissance Technologies LLC, Martingale Asset Management L P, Two Sigma Investments LP, Russell Investments Group Ltd., Dimensional Fund Advisors LP, State Street Corp, Cornercap Investment Counsel Inc. and Bessemer Group Inc.. Company insiders that have bought Financial Institutions stock in the last two years include Andrew W Dorn Jr, Charles J Guarino, Kevin B Klotzbach, Martin Kearney Birmingham, Paula Dollinger Dolan, Robert M Glaser and William L Kreienberg.

How do I buy Financial Institutions stock?

Shares of Financial Institutions can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

How much does a share of Financial Institutions stock cost?

One share of Financial Institutions stock can currently be purchased for approximately $35.30.

Financial Institutions (NASDAQ:FISI) Chart for Saturday, February, 25, 2017


Institutional Ownership Chart

Institutional Ownership by Quarter for Financial Institutions (NASDAQ:FISI)

Earnings History Chart

Earnings by Quarter for Financial Institutions (NASDAQ:FISI)

Dividend History Chart

Dividend Payments by Quarter for Financial Institutions (NASDAQ:FISI)

Last Updated on 2/25/2017 by MarketBeat.com Staff