Financial Institutions (FISI) Stock Fundamentals, Analysis & Risk Signals

Health score, price, valuation, risk signals, and key metrics at a glance.

Financial Institutions

NasdaqGS•Financial Services•Banks - Regional

$41.70+0.52(0.01%)Market closed

Market Cap

$801.65M

P/E

9.7x

P/S

2.1x

P/B

1.2x

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.

How this company scores

WeakMetricSide Score: 78/100

Grade capped at D — Interest coverage below 1× (0.9x) — earnings cannot cover interest. Strongest: Profitability (23/25); weakest: Cash & Earnings Quality (16/25).

Profitability23/25

Growth21/25

Balance Sheet & Red Flags18/25

Cash & Earnings Quality16/25

Strengths

Growing revenueRising free cash flowStrong marginsRising earnings

Grade capped at D

Interest coverage below 1× (0.9x) — earnings cannot cover interest.

Valuation vs. 5-year range

Today's multiple positioned against its own trailing range — a visual premium/discount check.

P/E · 9.7x5y range 5.3x – 10.0x

Currently above its 16-quarter median.

P/S · 2.1x5y range 1.1x – 2.1x

Currently above its 20-quarter median.

P/B · 1.2x5y range 0.8x – 1.2x

Watch items

Data-driven signals worth keeping an eye on across the last 8 quarters

High Risk

Margin Pressure

Red Flag

Operating margins dropped 88.7% over recent quarters — a sharp decline suggesting serious cost or pricing challenges.

Earnings Quality

Red Flag

FCF consistently trails net income (avg 0.3x) — earnings may be inflated by non-cash items or aggressive accounting.

Price & Volume

Market Cap $801.65M

Metrics at a Glance

as of June 2026

Revenue & Profit

Revenue, EBITDA, operating income, net income, EPS, and shares

TTM Revenue: $379.30M
Q. Revenue: $94.03M
TTM EBITDA: $107.43M
TTM Op. Income: $99.67M
Q. Op. Income: $25.60M
TTM Net Income: $82.63M
Q. Net Income: $21.18M
EPS: $1.06
Shares Out.: $19.69M

$379.30M in TTM revenue grew 46.3% YoY, reaching $94.03M last quarter. TTM EBITDA of $107.43M and TTM operating income of $99.67M show growth is flowing through to the bottom line. TTM net income of $82.63M means revenue is converting into profit. Across the last 8 quarters, TTM revenue has risen for 4 consecutive quarters — an improving trend.

Margins

Gross, EBITDA, operating, and net margin trends

Gross Margin: 68.4%
EBITDA Margin: 27.3%
Op. Margin: 27.2%
Net Margin: 22.5%

Op. margin of 27.2% is up 4.2% YoY — cost efficiency is improving. Net margin at 22.5% and gross margin of 68.4% show how much of each revenue dollar survives to profit. Across the last 8 quarters, operating margin has risen for 2 consecutive quarters — an improving trend.

Price Ratios

P/E, P/S, P/B, EV/EBITDA, FCF yield, and earnings yield

P/E Ratio: 9.7x
P/S Ratio: 2.1x
P/B Ratio: 1.2x

At 9.7x P/E, the stock trades below typical market levels. P/S of 2.1x and P/B of 1.2x provide additional context. P/E sits below typical market levels while revenue is growing. Over the past year, P/E is up 0% — a weakening trend.

Assets & Liabilities

Total assets, cash, debt, book value, and leverage

Total Assets: $6.33B
Cash: $99.17M
Long-Term Debt: $78.69M
Book Value: $643.44M
D/E Ratio: 0.1
Debt/EBITDA: 3.1

With $6.33B in assets and $78.69M in long-term debt, D/E is 0.1and book value is $643.44M — a conservative capital structure with a cushion to weather downturns. Across the last 8 quarters, debt/equity has fallen for 2 consecutive quarters — an improving trend.

Cash Flow

Operating cash flow, free cash flow, FCF margin, and earnings quality

Op. Cash Flow: $22.66M
TTM Free Cash Flow: $56.24M
FCF Margin: 14.8%
FCF / Net Income: 0.7

TTM FCF of $56.24M on $22.66M in operating cash flow. The FCF / Net Income ratio of 0.7x means cash covers only part of net income — earnings quality needs attention. Across the last 8 quarters, free cash flow has risen for 2 consecutive quarters — an improving trend.