Symbols / FISI Stock $35.00 +1.27% Financial Institutions, Inc.

Financial Services • Banks - Regional • United States • NMS
FISI (Stock) Chart
O: — H: — L: — C: — V: —
SMA 20: — SMA 50: — SMA 200: —
Stock Fundamentals
Scroll to Statements
Index EQUITY
Sector Financial Services
Industry Banks - Regional
CEO Mr. Martin K. Birmingham
Exch · Country NMS · United States
Market Cap 689.01M
Enterprise Value 814.25M
Income 77.52M
Sales 239.43M
FCF (ttm) —
Book/sh 31.21
Cash/sh 4.34
Employees 631
Insider 10d —
IPO Jun 25, 1999
Div forward ($/yr)
Div TTM ($/yr)
Dividend Yield
Ex-Div Date
5Y Avg Yield
Yield vs 5Y Avg
Payout 32.55%
P/E 9.11
Forward P/E 8.40
PEG 1.41
P/S 2.88
P/B 1.12
P/C —
EV/EBITDA —
EV/Sales 3.40
Quick Ratio —
Current Ratio —
Debt/Eq —
LT Debt/Eq —
EPS (ttm) 3.84
EPS next Y 4.17
EPS Growth 28.40%
Revenue Growth 11.30%
EPS Gr Q/Q 24.30%
Rev Gr Q/Q —
Earnings (next) 2026-07-23
Earnings (prior) 2026-04-23
ROA 1.25%
ROE 12.93%
ROIC —
Gross Margin 0.00%
Oper. Margin 42.89%
Profit Margin 32.98%
Shs Outstand 19.69M
Shs Float 17.34M
Insider Own 2.50%
Instit Own 80.17%
Short Float 2.88%
Short Ratio 4.28
Short Interest 553.54K
52W High 35.67
vs 52W High -1.88%
52W Low 24.41
vs 52W Low 43.38%
Beta 0.65
Impl. Vol. 77.32%
Rel Volume 0.45
Avg Volume 157.87K
Volume 71.62K
Target (mean) $37.50
Tgt Median $37.50
Tgt Low $36.00
Tgt High $39.00
# Analysts 2
Recom Buy
Prev Close $34.56
Price $35.00
Change 1.27%
About

Financial Institutions, Inc., through its subsidiaries, provides banking and financial services to consumer, commercial, and municipal customers in New York. The company provides checking and savings account programs, including money market accounts, certificates of deposit, sweep investments, and individual retirement and other qualified plan accounts, as well as NOW accounts. It also offers commercial loan products including term loans and lines of credit; short and medium-term commercial loans for working capital, business expansion, and purchase of equipment; commercial business loans; 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 other secured and unsecured personal loans, as well as recreational vehicle, boat, personal loans, and deposit account collateralized loans. In addition, it offers 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. Financial Institutions, Inc. was founded in 1817 and is headquartered in Warsaw, New York.

Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus
$37.50
Mean price target
2. Current target
$35.00
Latest analyst target
3. DCF / Fair value
$57.60
Fallback: EPS × 15 (assumed fair P/E). No FCF data; use with …
Ratings
Current target
$35.00
Low
$36.00
High
$39.00
Mean
$37.50

Latest analyst rating changes

Date Action Analyst Rating Change Price Target
2026-02-02 main Keefe, Bruyette & Woods Outperform → Outperform $38
2026-02-02 reit Piper Sandler Neutral → Neutral $36
2025-10-27 main Keefe, Bruyette & Woods Outperform → Outperform $35
2025-03-11 reit Stephens & Co. Equal-Weight → Equal-Weight $32
2025-02-03 up Keefe, Bruyette & Woods Market Perform → Outperform $34
2025-01-31 reit Stephens & Co. Equal-Weight → Equal-Weight $33
2024-12-04 main Keefe, Bruyette & Woods Market Perform → Market Perform $28
2024-07-29 reit Keefe, Bruyette & Woods Market Perform → Market Perform $25
2024-04-05 main Keefe, Bruyette & Woods Market Perform → Market Perform $20
2024-04-02 main Keefe, Bruyette & Woods Market Perform → Market Perform $23
2024-03-25 down Piper Sandler Overweight → Neutral $19
2023-07-13 init Stephens & Co. — → Equal-Weight —
2023-05-01 main Keefe, Bruyette & Woods — → Market Perform $23
2022-10-31 down Hovde Group Outperform → Market Perform $29
2020-09-28 main Piper Sandler — → Overweight $23
2020-07-31 main Keefe, Bruyette & Woods — → Market Perform $22
2016-07-28 main Keefe, Bruyette & Woods — → Market Perform $27
2015-04-27 main Keefe, Bruyette & Woods — → Market Perform $24
2015-02-03 main Keefe, Bruyette & Woods — → Market Perform $23
2014-10-28 main Keefe, Bruyette & Woods — → Outperform $24
News
RSS: Latest FISI news
Insider Transactions
Filed Date Insider Relationship Transaction Shares Price Value SEC
2026-03-20 BURRUANO SAMUEL J JR. Officer — 2,416 — —
2026-03-20 QUINN KEVIN B Officer — 2,684 — —
2026-03-20 PLANTS WILLIAM JACK II Chief Financial Officer — 2,898 — —
2026-03-20 COLLINS LAURIE R Officer — 2,254 — —
2026-03-20 PACOS GARY A Officer — 2,302 — —
2026-03-20 BYERS SANDRA L Officer — 690 — —
2026-03-20 BIRMINGHAM MARTIN KEARNEY Chief Executive Officer — 10,672 — —
2026-03-12 PLANTS WILLIAM JACK II Chief Financial Officer — 660 $30.12 $19,879
2025-11-28 GLASER ROBERT M Director — 571 $30.60 $17,473
2025-11-28 BURLEW DAWN H. Director — 408 $30.60 $12,485
Financials
Statement View
Amounts in millions (2 decimals, no suffix) • EPS per share (2 decimals) • Trend = period evolution • YoY Growth = previous period %
Line Item Trend 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Total Revenue
243.54
+112.65%
114.53
-46.02%
212.18
-0.08%
212.35
Operating Revenue
243.54
+112.65%
114.53
-46.02%
212.18
-0.08%
212.35
Selling General And Administration
79.69
+9.19%
72.98
-7.28%
78.72
+6.25%
74.09
Selling And Marketing Expense
1.81
+15.07%
1.57
-18.33%
1.93
-4.32%
2.01
General And Administrative Expense
77.88
+9.06%
71.41
-7.01%
76.79
+6.55%
72.07
Salaries And Wages
72.81
+10.11%
66.13
-8.02%
71.89
+3.24%
69.63
Other Gand A
—
1.94
+3.31%
1.87
-3.60%
1.94
Reconciled Depreciation
7.88
+2.70%
7.67
-5.14%
8.09
-0.26%
8.11
Total Unusual Items
-0.51
+94.62%
-9.41
-156700.00%
-0.01
+99.63%
-1.64
Total Unusual Items Excluding Goodwill
-0.51
+94.62%
-9.41
-156700.00%
-0.01
+99.63%
-1.64
Special Income Charges
0.00
+100.00%
-23.02
0.00
+100.00%
-1.62
Other Special Charges
—
23.02
—
—
Restructuring And Mergern Acquisition
—
0.04
-69.30%
0.11
-92.96%
1.62
Net Income
74.87
+279.77%
-41.65
-182.85%
50.26
-11.15%
56.57
Pretax Income
91.35
+234.05%
-68.15
-208.08%
63.05
-11.16%
70.97
Net Interest Income
199.99
+22.25%
163.59
-1.28%
165.72
-0.99%
167.37
Interest Expense
133.00
-11.12%
149.64
+24.27%
120.42
+319.06%
28.73
Interest Income
332.99
+6.31%
313.23
+9.47%
286.13
+45.91%
196.11
Gain On Sale Of Security
1.49
+101.49%
-100.10
-3939.71%
-2.48
-327.55%
1.09
Tax Provision
16.49
+162.21%
-26.50
-307.22%
12.79
-11.17%
14.40
Tax Rate For Calcs
0.00
-53.60%
0.00
+91.63%
0.00
+0.00%
0.00
Tax Effect Of Unusual Items
-0.09
+97.50%
-3.66
-300368.97%
-0.00
+99.63%
-0.33
Net Income Including Noncontrolling Interests
74.87
+279.77%
-41.65
-182.85%
50.26
-11.15%
56.57
Net Income From Continuing Operation Net Minority Interest
74.87
+279.77%
-41.65
-182.85%
50.26
-11.15%
56.57
Net Income From Continuing And Discontinued Operation
74.87
+279.77%
-41.65
-182.85%
50.26
-11.15%
56.57
Net Income Continuous Operations
74.87
+279.77%
-41.65
-182.85%
50.26
-11.15%
56.57
Normalized Income
75.28
+309.71%
-35.90
-171.41%
50.27
-13.14%
57.88
Net Income Common Stockholders
73.41
+270.30%
-43.10
-188.32%
48.80
-11.45%
55.11
Diluted EPS
—
-1.66
-152.70%
3.15
-11.52%
3.56
Basic EPS
—
-1.66
-152.37%
3.17
-11.45%
3.58
Basic Average Shares
—
15.65
+1.66%
15.40
+0.08%
15.38
Diluted Average Shares
—
15.65
+1.02%
15.49
+0.15%
15.47
Diluted NI Availto Com Stockholders
73.41
+270.30%
-43.10
-188.32%
48.80
-11.45%
55.11
Amortization
0.41
-24.82%
0.55
-39.34%
0.91
-7.71%
0.99
Amortization Of Intangibles Income Statement
0.41
-24.82%
0.55
-39.34%
0.91
-7.71%
0.99
Depreciation Amortization Depletion Income Statement
0.41
-24.82%
0.55
-39.34%
0.91
-7.71%
0.99
Depreciation And Amortization In Income Statement
0.41
-24.82%
0.55
-39.34%
0.91
-7.71%
0.99
Insurance And Claims
5.07
-4.05%
5.28
+7.79%
4.90
+100.90%
2.44
Occupancy And Equipment
15.49
+7.86%
14.36
-2.95%
14.80
-2.02%
15.10
Other Non Interest Expense
39.69
-0.65%
39.95
+9.92%
36.34
+16.52%
31.19
Preferred Stock Dividends
1.46
-0.07%
1.46
+0.00%
1.46
+0.00%
1.46
Professional Expense And Contract Services Expense
6.52
-15.40%
7.70
+46.45%
5.26
-5.95%
5.59
Line Item Trend 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Total Assets
6,274.14
+2.57%
6,117.09
-0.71%
6,160.88
+6.27%
5,797.27
Cash And Cash Equivalents
108.75
+24.54%
87.32
-29.83%
124.44
-4.62%
130.47
Cash Financial
57.14
+3.97%
54.96
-22.81%
71.20
—
Other Short Term Investments
0.00
-100.00%
911.11
+2.63%
887.73
-6.98%
954.37
Receivables
25.10
+5.71%
23.75
-2.99%
24.48
+26.38%
19.37
Accounts Receivable
25.10
+5.71%
23.75
-2.99%
24.48
+26.38%
19.37
Other Receivables
—
—
—
55.57
Net PPE
68.96
-1.82%
70.23
-1.67%
71.43
-2.30%
73.11
Gross PPE
133.73
-1.18%
135.33
+0.61%
134.51
+1.66%
132.32
Accumulated Depreciation
-64.77
+0.50%
-65.09
-3.18%
-63.09
-6.54%
-59.21
Land And Improvements
5.02
+0.00%
5.02
+0.00%
5.02
+0.00%
5.02
Buildings And Improvements
55.90
+2.73%
54.42
+3.45%
52.60
+2.72%
51.21
Machinery Furniture Equipment
43.75
-3.91%
45.52
+0.34%
45.37
+0.88%
44.97
Other Properties
29.07
-4.29%
30.37
-3.66%
31.52
+1.30%
31.12
Goodwill And Other Intangible Assets
60.34
-0.68%
60.76
-16.20%
72.50
-1.24%
73.41
Goodwill
58.12
+0.00%
58.12
-13.34%
67.07
+0.00%
67.07
Other Intangible Assets
2.22
-15.74%
2.64
-51.46%
5.43
-14.35%
6.34
Investments And Advances
1,067.99
-2.82%
1,098.97
-0.47%
1,104.14
-7.91%
1,198.91
Total Liabilities Net Minority Interest
5,645.29
+1.75%
5,548.10
-2.77%
5,706.09
+5.83%
5,391.67
Payables And Accrued Expenses
21.44
-17.09%
25.86
+33.20%
19.41
+224.45%
5.98
Payables
21.44
-17.09%
25.86
+33.20%
19.41
+224.45%
5.98
Accounts Payable
21.44
-17.09%
25.86
+33.20%
19.41
+224.45%
5.98
Current Debt And Capital Lease Obligation
109.00
+10.10%
99.00
-46.49%
185.00
-9.76%
205.00
Current Debt
109.00
+10.10%
99.00
-46.49%
185.00
-9.76%
205.00
Other Current Borrowings
109.00
+10.10%
99.00
-46.49%
185.00
-9.76%
205.00
Long Term Debt And Capital Lease Obligation
225.23
+42.91%
157.60
-0.45%
158.32
+47.34%
107.45
Long Term Debt
193.65
+55.12%
124.84
+0.25%
124.53
+67.78%
74.22
Long Term Capital Lease Obligation
31.57
-3.63%
32.76
-3.03%
33.79
+1.68%
33.23
Stockholders Equity
628.85
+10.52%
568.98
+25.11%
454.80
+12.13%
405.61
Common Stock Equity
611.57
+10.85%
551.70
+26.10%
437.50
+12.67%
388.31
Capital Stock
17.49
+0.00%
17.49
+0.22%
17.45
+0.00%
17.45
Common Stock
0.21
+0.00%
0.21
+28.57%
0.16
+0.00%
0.16
Preferred Stock
17.29
+0.00%
17.29
-0.04%
17.29
+0.00%
17.29
Share Issued
20.70
+0.00%
20.70
+28.57%
16.10
+0.00%
16.10
Ordinary Shares Number
19.80
-1.39%
20.08
+30.30%
15.41
+0.44%
15.34
Treasury Shares Number
0.90
+44.81%
0.62
-9.99%
0.69
-8.87%
0.76
Additional Paid In Capital
234.40
+0.42%
233.42
+85.49%
125.84
-0.63%
126.64
Retained Earnings
437.14
+12.47%
388.67
-13.95%
451.69
+7.20%
421.34
Gains Losses Not Affecting Retained Earnings
-33.03
+37.21%
-52.60
+56.14%
-119.94
+12.76%
-137.49
Treasury Stock
27.14
+50.89%
17.99
-11.13%
20.24
-9.37%
22.34
Other Equity Adjustments
-33.03
+37.21%
-52.60
+56.14%
-119.94
+12.76%
-137.49
Total Equity Gross Minority Interest
628.85
+10.52%
568.98
+25.11%
454.80
+12.13%
405.61
Total Capitalization
822.51
+18.55%
693.83
+19.76%
579.33
+20.74%
479.83
Invested Capital
914.22
+17.88%
775.54
+3.82%
747.04
+11.91%
667.53
Total Debt
334.23
+30.25%
256.61
-25.26%
343.32
+9.88%
312.45
Net Debt
193.90
+42.03%
136.52
-26.24%
185.09
+24.43%
148.76
Capital Lease Obligations
31.57
-3.63%
32.76
-3.03%
33.79
+1.68%
33.23
Net Tangible Assets
568.51
+11.86%
508.23
+32.94%
382.29
+15.08%
332.19
Tangible Book Value
551.23
+12.28%
490.94
+34.50%
365.00
+15.91%
314.90
Available For Sale Securities
983.28
+1268.31%
71.86
+5.29%
68.25
+22.83%
55.57
Cash Cash Equivalents And Federal Funds Sold
108.75
+24.54%
87.32
-29.83%
124.44
-4.62%
130.47
Derivative Product Liabilities
48.10
-44.94%
87.37
+12.20%
77.87
-23.69%
102.05
Held To Maturity Securities
84.71
-26.98%
116.00
-21.70%
148.16
-21.60%
188.97
Preferred Shares Number
0.17
+0.00%
0.17
-0.04%
0.17
+0.00%
0.17
Preferred Stock Equity
17.29
+0.00%
17.29
-0.04%
17.29
+0.00%
17.29
Line Item Trend 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Operating Cash Flow
18.80
-75.62%
77.13
+607.98%
10.89
-91.84%
133.57
Cash Flow From Continuing Operating Activities
18.80
-75.62%
77.13
+607.98%
10.89
-91.84%
133.57
Net Income From Continuing Operations
74.87
+279.77%
-41.65
-182.85%
50.26
-11.15%
56.57
Depreciation Amortization Depletion
7.88
+2.70%
7.67
-5.14%
8.09
-0.26%
8.11
Depreciation And Amortization
7.88
+2.70%
7.67
-5.14%
8.09
-0.26%
8.11
Other Non Cash Items
-11.73
-168.01%
17.24
+239.51%
-12.36
-518.13%
2.96
Stock Based Compensation
3.08
+91.12%
1.61
-3.82%
1.67
-34.38%
2.55
Deferred Tax
11.54
+132.66%
-35.35
-2522.26%
-1.35
+69.24%
-4.38
Deferred Income Tax
11.54
+132.66%
-35.35
-2522.26%
-1.35
+69.24%
-4.38
Operating Gains Losses
-1.16
-101.35%
85.82
+2746.47%
3.02
+352.09%
-1.20
Gain Loss On Investment Securities
-0.93
-100.93%
100.06
+2697.96%
3.58
+23740.00%
0.01
Change In Working Capital
-70.87
-310.17%
33.72
+160.66%
-55.59
-209.69%
50.68
Change In Other Current Assets
13.01
-36.56%
20.50
+136.64%
-55.96
-87.15%
-29.90
Change In Other Current Liabilities
-83.88
-734.70%
13.22
+3452.69%
0.37
-99.54%
80.58
Investing Cash Flow
-140.04
-1601.14%
-8.23
+97.35%
-310.09
+4.63%
-325.16
Cash Flow From Continuing Investing Activities
-140.04
-1601.14%
-8.23
+97.35%
-310.09
+4.63%
-325.16
Net PPE Purchase And Sale
-5.55
-11.54%
-4.97
-66.24%
-2.99
+64.25%
-8.37
Purchase Of PPE
-5.55
-11.54%
-4.97
-66.24%
-2.99
+64.25%
-8.37
Capital Expenditure
-5.55
-11.54%
-4.97
-66.24%
-2.99
+64.25%
-8.37
Net Investment Purchase And Sale
53.28
+1290.04%
-4.48
-103.64%
122.91
+76.85%
69.50
Purchase Of Investment
-328.06
+63.78%
-905.85
-1558.54%
-54.62
+52.01%
-113.82
Sale Of Investment
381.34
-57.69%
901.37
+407.73%
177.53
-3.16%
183.32
Net Business Purchase And Sale
—
—
0.00
0.00
Purchase Of Business
—
—
0.00
0.00
Net Other Investing Changes
1.78
-93.38%
26.97
+375.91%
-9.78
+2.66%
-10.04
Financing Cash Flow
142.67
+234.57%
-106.02
-136.16%
293.17
+20.68%
242.94
Cash Flow From Continuing Financing Activities
142.67
+234.57%
-106.02
-136.16%
293.17
+20.68%
242.94
Net Issuance Payments Of Debt
80.00
+193.02%
-86.00
-386.67%
30.00
-82.86%
175.00
Issuance Of Debt
90.00
0.00
-100.00%
128.00
0.00
Repayment Of Debt
-10.00
+88.37%
-86.00
+12.24%
-98.00
—
Long Term Debt Issuance
80.00
0.00
-100.00%
50.00
0.00
Long Term Debt Payments
-10.00
0.00
0.00
—
Net Long Term Debt Issuance
70.00
0.00
-100.00%
50.00
0.00
Short Term Debt Issuance
10.00
0.00
-100.00%
78.00
—
Short Term Debt Payments
0.00
+100.00%
-86.00
+12.24%
-98.00
—
Net Short Term Debt Issuance
10.00
+111.63%
-86.00
-330.00%
-20.00
-111.43%
175.00
Net Common Stock Issuance
-11.42
-110.56%
108.15
+19039.75%
-0.57
+96.28%
-15.34
Common Stock Payments
-11.42
-2580.52%
-0.43
+25.39%
-0.57
+96.28%
-15.34
Common Stock Dividend Paid
-24.72
-33.49%
-18.52
-1.25%
-18.29
-3.93%
-17.59
Cash Dividends Paid
-26.17
-31.04%
-19.97
-1.16%
-19.75
-3.63%
-19.05
Repurchase Of Capital Stock
-11.42
-2537.18%
-0.43
+24.17%
-0.57
+96.28%
-15.34
Net Other Financing Charges
-1.36
—
—
—
Changes In Cash
21.43
+157.73%
-37.12
-516.22%
-6.02
-111.73%
51.35
Beginning Cash Position
87.32
-29.83%
124.44
-4.62%
130.47
+64.91%
79.11
End Cash Position
108.75
+24.54%
87.32
-29.83%
124.44
-4.62%
130.47
Free Cash Flow
13.25
-81.63%
72.15
+813.10%
7.90
-93.69%
125.20
Interest Paid Supplemental Data
128.58
-17.62%
156.09
+16.61%
133.85
+310.94%
32.57
Income Tax Paid Supplemental Data
0.02
-99.51%
3.49
-44.54%
6.30
+85.34%
3.40
Common Stock Issuance
0.00
-100.00%
108.57
0.00
0.00
Issuance Of Capital Stock
0.00
-100.00%
108.57
0.00
0.00
Net Preferred Stock Issuance
0.00
+100.00%
-0.01
0.00
0.00
Preferred Stock Dividend Paid
-1.46
+0.07%
-1.46
+0.00%
-1.46
+0.00%
-1.46
Preferred Stock Payments
0.00
+100.00%
-0.01
0.00
0.00
SEC Filings

Recent 10-K, 10-Q, 8-K, and Form 4 (insider) filings.

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