FISI - Financial Institutions Inc Stock Price, Fair Value and News

17.59USD+0.17 (+0.98%)Market Closed

Market Summary

USD17.59+0.17

Market Closed

0.98%

FISI Stock Price

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FISI RSI Chart

FISI Valuation

Market Cap

271.0M

Price/Earnings (Trailing)

5.39

Price/Sales (Trailing)

0.95

EV/EBITDA

1.67

Price/Free Cashflow

34.3

FISI Price/Sales (Trailing)

FISI Profitability

EBT Margin

22.04%

Return on Equity

11.05%

Return on Assets

0.82%

Free Cashflow Yield

2.92%

FISI Fundamentals

FISI Revenue

Revenue (TTM)

286.1M

Rev. Growth (Yr)

32.42%

Rev. Growth (Qtr)

2.47%

FISI Earnings

Earnings (TTM)

50.3M

Earnings Growth (Yr)

-19.09%

Earnings Growth (Qtr)

-30.25%

Breaking Down FISI Revenue

Last 7 days

1.3%

Last 30 days

-5.6%

Last 90 days

-17.3%

Trailing 12 Months

0.6%

How does FISI drawdown profile look like?

FISI Financial Health

Debt/Equity

0.27

Debt/Cashflow

0.09

FISI Investor Care

Dividend Yield

6.82%

Dividend/Share (TTM)

1.2

Shares Dilution (1Y)

0.22%

Diluted EPS (TTM)

3.15

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs

Net sales

Year	Q1	Q2	Q3	Q4
2023	217.5M	243.4M	267.4M	286.1M
2022	168.3M	172.6M	182.1M	196.1M
2021	160.9M	162.1M	163.6M	167.2M
2020	168.9M	166.1M	163.3M	161.3M
2019	158.8M	164.4M	167.7M	168.8M
2018	135.0M	140.7M	146.4M	152.7M
2017	118.1M	121.3M	125.3M	130.1M
2016	108.1M	110.4M	112.7M	115.2M
2015	101.0M	102.1M	103.9M	105.5M
2014	99.2M	99.8M	100.3M	101.1M
2013	98.9M	99.5M	98.8M	98.9M
2012	94.9M	94.8M	96.4M	97.6M
2011	96.3M	96.0M	95.5M	95.1M
2010	0	95.2M	95.8M	96.5M
2009	0	0	0	94.5M

Get all data in R, Python etc through our Historical Stock Data APIs

GRUFITY'S FAIR VALUE MODEL

Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed Russell 2000 Index

Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>

Returns of $10,000 invested in:

Very Cheap Stocks: $21,859
Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224

Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.

Russell 2000 Index

Very Expensive Stocks

Very Cheap Stocks

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Tracking the Latest Insider Buys and Sells of Financial Institutions Inc

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Mar 19, 2024	quinn kevin b	sold (taxes)	-23,923	18.29	-1,308	senior vice president
Mar 19, 2024	dumbleton sonia marie	sold (taxes)	-7,626	18.29	-417	senior vice president
Mar 19, 2024	quinn kevin b	acquired	-	-	3,653	senior vice president
Mar 19, 2024	burruano samuel j jr	sold (taxes)	-9,638	18.29	-527	executive vice president
Mar 19, 2024	burruano samuel j jr	acquired	-	-	3,578	executive vice president
Mar 19, 2024	plants william jack ii	acquired	-	-	3,578	chief financial officer
Mar 19, 2024	birmingham martin kearney	acquired	-	-	16,346	president & ceo
Mar 19, 2024	birmingham martin kearney	sold (taxes)	-107,746	18.29	-5,891	president & ceo
Mar 19, 2024	plants william jack ii	sold (taxes)	-23,557	18.29	-1,288	chief financial officer
Mar 19, 2024	dumbleton sonia marie	acquired	-	-	1,012	senior vice president

Which funds bought or sold FISI recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
Apr 25, 2024	SIMPLEX TRADING, LLC	new	-	-	-	-%
Apr 25, 2024	Bank of New York Mellon Corp	reduced	-2.2	-451,436	2,872,010	-%
Apr 25, 2024	nVerses Capital, LLC	new	-	24,466	24,466	0.06%
Apr 25, 2024	Allworth Financial LP	unchanged	-	-520	3,953	-%
Apr 23, 2024	AMALGAMATED BANK	reduced	-60.13	-19,000	10,000	-%
Apr 22, 2024	MetLife Investment Management, LLC	unchanged	-	34,133	162,647	-%
Apr 18, 2024	Allspring Global Investments Holdings, LLC	added	9.2	-6,046	165,823	-%
Apr 18, 2024	Capital Advisors, Ltd. LLC	unchanged	-	-	1,000	-%
Apr 16, 2024	COURIER CAPITAL LLC	added	55.75	1,742,320	6,374,070	0.46%
Apr 15, 2024	WEALTH ENHANCEMENT ADVISORY SERVICES, LLC	reduced	-1.51	-31,029	208,149	-%

Are Funds Buying or Selling FISI?

Are funds buying FISI calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own FISI

No. of Funds

Unveiling Financial Institutions Inc's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 09, 2024	dimensional fund advisors lp	6.7%	1,027,186	SC 13G/A
Jan 25, 2024	blackrock inc.	9.0%	1,379,376	SC 13G/A
Feb 10, 2023	dimensional fund advisors lp	8.2%	1,262,125	SC 13G/A
Feb 03, 2023	blackrock inc.	8.2%	1,261,224	SC 13G/A
Feb 08, 2022	dimensional fund advisors lp	7.9%	1,249,099	SC 13G/A
Feb 01, 2022	blackrock inc.	7.4%	1,169,410	SC 13G/A
Feb 12, 2021	dimensional fund advisors lp	8.0%	1,289,017	SC 13G/A
Jan 29, 2021	blackrock inc.	8.0%	1,278,274	SC 13G/A
Feb 12, 2020	dimensional fund advisors lp	8.36%	1,337,901	SC 13G/A
Feb 05, 2020	blackrock inc.	7.9%	1,256,256	SC 13G/A

Recent SEC filings of Financial Institutions Inc

View All Filings

Date Filed	Form Type	Document
Apr 25, 2024	8-K	Current Report
Apr 12, 2024	ARS	ARS
Apr 12, 2024	DEF 14A	DEF 14A
Apr 12, 2024	DEFA14A	DEFA14A
Apr 02, 2024	3	Insider Trading
Apr 01, 2024	8-K	Current Report
Mar 27, 2024	8-K	Current Report
Mar 21, 2024	4	Insider Trading
Mar 21, 2024	4	Insider Trading
Mar 21, 2024	4	Insider Trading

Financial Institutions Inc News

Latest updates

Financial Institutions Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Income Statement (Quarterly)																					(In Millions)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Revenue	2.5%	77.00	75.00	71.00	64.00	58.00	51.00	45.00	42.00	44.00	41.00	41.00	41.00	40.00	40.00	40.00	42.00	42.00	42.00	43.00	42.00	41.00
EBITDA Margin	-7.7%	0.83*	0.90*	1.00*	1.13*	1.26*	1.39*	1.46*	1.51*	1.55*	1.51*	1.47*	1.38*	-	-	-	-	-	-	-	-	-
Interest Expenses	-4.3%	40.00	42.00	42.00	42.00	43.00	43.00	42.00	40.00	41.00	38.00	38.00	38.00	36.00	35.00	34.00	33.00	33.00	32.00	32.00	32.00	32.00
Income Taxes	111.3%	5.00	2.00	2.00	3.00	2.00	5.00	4.00	3.00	4.00	5.00	5.00	5.00	2.00	3.00	2.00	0.00	0.00	4.00	3.00	3.00	2.00
Earnings Before Taxes	-9.3%	15.00	16.00	17.00	15.00	14.00	19.00	20.00	18.00	24.00	22.00	26.00	26.00	15.00	15.00	14.00	1.00	13.00	17.00	14.00	15.00	10.00
EBT Margin	-5.8%	0.22*	0.23*	0.27*	0.31*	0.36*	0.44*	0.48*	0.53*	0.58*	0.54*	0.51*	0.44*	-	-	-	-	-	-	-	-	-
Net Income	-30.3%	10.00	14.00	14.00	12.00	12.00	14.00	16.00	15.00	20.00	17.00	20.00	21.00	14.00	12.00	11.00	1.00	13.00	13.00	11.00	12.00	7.00
Net Income Margin	-10.7%	0.18*	0.20*	0.22*	0.25*	0.29*	0.35*	0.39*	0.43*	0.46*	0.44*	0.41*	0.36*	-	-	-	-	-	-	-	-	-
Free Cashflow	-213.1%	-48.92	43.00	8.00	6.00	13.00	34.00	35.00	43.00	32.00	6.00	5.00	20.00	-	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Assets	0.3%	6,161	6,140	6,141	5,967	5,797	5,624	5,568	5,630	5,521	5,623	5,295	5,329	4,912	4,959	4,681	4,472	4,384	4,333	4,314	4,303	4,312
Net PPE	-0.1%	40.00	40.00	41.00	42.00	42.00	41.00	40.00	40.00	40.00	41.00	44.00	40.00	41.00	41.00	41.00	41.00	41.00	41.00	42.00	42.00	43.00
Goodwill	-	67.00	-	-	-	67.00	-	-	-	67.00	-	-	-	-	-	-	-	-	-	-	-	-
Liabilities	-0.4%	5,706	5,731	5,715	5,544	5,392	5,230	5,142	5,184	5,016	5,129	4,808	4,863	4,444	4,503	4,233	4,032	3,945	3,900	3,892	3,894	3,915
Short Term Borrowings	164.3%	185	70.00	374	116	205	69.00	109	-	30.00	-	-	-	5.00	5.00	105	110	276	211	309	287	470
Long Term Debt	0.1%	125	124	124	124	74.00	74.00	74.00	74.00	74.00	74.00	74.00	74.00	74.00	39.00	39.00	39.00	39.00	39.00	39.00	39.00	39.00
Shareholder's Equity	11.3%	455	409	426	423	406	394	426	447	505	494	487	466	468	456	448	439	439	433	422	408	396
Retained Earnings	1.1%	452	447	438	428	421	414	405	394	384	369	356	341	325	316	308	301	313	305	296	289	280
Additional Paid-In Capital	-0.3%	126	126	125	125	127	126	126	126	126	126	125	125	125	125	125	124	125	124	124	123	123
Shares Outstanding	-	15.00	-	-	-	15.00	-	-	-	16.00	-	-	-	16.00	-	-	-	16.00	-	-	-	-
Float	-	-	-	235,968	-	-	-	390,282	-	-	-	466	-	-	-	292	-	-	-	457	-	-

Cashflow (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Cashflow (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Cashflow From Operations	-209.0%	-47,669	43,748	8,253	6,562	16,145	35,644	37,590	44,194	33,495	8,518	10,644	20,305	23,157	10,126	5,850	4,322	16,548	12,029	13,775	15,358	14,330
Share Based Compensation	-135.4%	-255	721	657	551	499	662	947	443	427	538	562	216	343	289	369	332	378	393	453	182	204
Cashflow From Investing	-569.8%	-26,947	-4,023	-114,555	-164,565	-159,708	-66,595	-19,763	-79,094	-117,027	-237,580	-87,579	-191,236	-154,462	-114,058	-236,501	-26,050	-69,541	3,060	35,425	6,323	-67,196
Cashflow From Financing	124.9%	6,947	-27,862	146,576	167,511	155,448	39,827	-78,526	126,192	-125,782	311,101	-61,468	421,843	-56,887	266,392	198,093	60,949	29,125	12,738	-19,998	-44,650	38,290
Dividend Payments	-29.1%	3,525	4,974	4,976	4,811	3,350	4,811	4,809	4,624	3,181	4,638	4,637	4,535	3,073	4,528	4,530	4,365	2,902	4,360	4,350	4,187	2,725
Buy Backs	-	8.00	-	2.00	561	13.00	-	301	15,026	3,268	2,964	37.00	6.00	13.00	-	-	196	73.00	27.00	-	193	-

FISI Income Statement

2023-12-31

Consolidated Statements of Income - USD ($) shares in Thousands, $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Interest income:
Interest and fees on loans	$ 258,583	$ 170,819	$ 147,898
Interest and dividends on investment securities	23,623	24,541	19,091
Other interest income	3,927	747	216
Total interest income	286,133	196,107	167,205
Interest expense:
Deposits	107,361	22,994	8,118
Short-term borrowings	6,890	1,500	120
Long-term borrowings	6,167	4,241	4,237
Total interest expense	120,418	28,735	12,475
Net interest income	165,715	167,372	154,730
Provision (benefit) for credit losses	13,681	13,311	(8,336)
Net interest income after provision (benefit) for credit losses	152,034	154,061	163,066
Noninterest income:
Service charges on deposits	4,625	5,889	5,571
Insurance income	6,708	6,364	5,750
Card Interchange Income	8,220	8,205	8,498
Investment advisory	10,955	11,493	11,672
Company owned life insurance	12,106	5,542	2,947
Investments in limited partnerships	1,783	1,293	2,081
Loan servicing	479	507	415
Income from derivative instruments, net	1,350	1,919	2,695
Net gain on sale of loans held for sale	566	1,227	2,950
Net (loss) gain on investment securities	(3,576)	(15)	71
Net (loss) gain on other assets	(6)	(16)	441
Net loss on tax credit investments	(252)	(815)	(431)
Other	5,286	4,678	4,246
Total noninterest income	48,244	46,271	46,906
Noninterest expense:
Salaries and employee benefits	71,889	69,633	60,893
Occupancy and equipment	14,798	15,103	14,371
Professional services	5,259	5,592	6,535
Computer and data processing	20,110	17,638	14,112
Supplies and postage	1,873	1,943	1,769
FDIC assessments	4,902	2,440	2,624
Advertising and promotions	1,926	2,013	1,704
Amortization of intangibles	910	986	1,060
Restructuring charges	114	1,619	111
Other	15,444	12,395	9,571
Total noninterest expense	137,225	129,362	112,750
Income (loss) before income taxes	63,053	70,970	97,222
Income tax expense	12,789	14,397	19,525
Net income (loss)	50,264	56,573	77,697
Preferred stock dividends	1,459	1,459	1,460
Net income available to common shareholders	$ 48,805	$ 55,114	$ 76,237
Earnings per common share (Note 19):
Basic	$ 3.17	$ 3.58	$ 4.81
Diluted	3.15	3.56	4.78
Cash dividends declared per common share	$ 1.2	$ 1.16	$ 1.08
Weighted average common shares outstanding:
Basic	15,376	15,384	15,841
Diluted	15,475	15,471	15,937

About Financial Institutions Inc

Financial 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, as well as NOW 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, such as 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. Financial Institutions, Inc. was founded in 1817 and is headquartered in Warsaw, New York.

CEO	Mr. Martin K. Birmingham
WEBSITE	fisi-investors.com
INDUSTRY	Banks Diversified
EMPLOYEES	672

Financial Institutions Inc Frequently Asked Questions

What is the ticker symbol for Financial Institutions Inc? What does FISI stand for in stocks?

FISI is the stock ticker symbol of Financial Institutions Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Financial Institutions Inc (FISI)?

As of Fri Apr 26 2024, market cap of Financial Institutions Inc is 271.04 Million. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of FISI stock?

You can check FISI's fair value in chart for subscribers.

What is the fair value of FISI stock?

You can check FISI's fair value in chart for subscribers. The fair value of Financial Institutions Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Financial Institutions Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for FISI so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Financial Institutions Inc a good stock to buy?

The fair value guage provides a quick view whether FISI is over valued or under valued. Whether Financial Institutions Inc is cheap or expensive depends on the assumptions which impact Financial Institutions Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for FISI.

What is Financial Institutions Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Fri Apr 26 2024, FISI's PE ratio (Price to Earnings) is 5.39 and Price to Sales (PS) ratio is 0.95. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. FISI PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on Financial Institutions Inc's stock?

In the past 10 years, Financial Institutions Inc has provided 0.001 (multiply by 100 for percentage) rate of return.