Financial Institutions, Inc. (FISI) Stock

Financial Institutions, Inc. (FISI) is a Financials stock trading at $40.80 (as of 2026-08-20), with a market capitalization of $804.02M and a trailing P/E of 9.6. Figures are sourced from first-party U.S. SEC EDGAR filings and market data.

Financial Institutions, Inc. is a holding company for Five Star Bank, which provides banking and financial services to individuals, municipalities, and businesses in New York. Through the bank, it offers deposit and investment account products, lending across commercial and consumer categories, and personal and commercial insurance products.

Understand Financial Institutions, Inc.: how it makes money

Financial Institutions, Inc. is a bank holding company that operates Five Star Bank, offering deposit programs and commercial lending to individuals, municipalities, and businesses in New York, and it also tracks wealth management assets.

The company’s operating results appear to hinge on managing client capital (Assets Under Management and Assets Under Advisement) while also generating commercial loan activity (Commercial Loan Originations).

Business quality (Solid): The provided data highlights operating drivers through wealth management AUM and commercial loan originations, but the segment revenue breakdown shown here does not provide clear disclosure into main revenue sources (the listed categories are 0.0B).

Valuation: At 10× earnings, FISI trades 23% below the Banking average (13×). Note: one-time items can distort reported P/E.

Bull case

  • Meaningful wealth management scale: Latest quarter shows Assets Under Management (Wealth Management Subsidiary) of 3.2 USD_B, and Assets Under Management of 3.6 USD_B.
  • Ongoing commercial lending activity: Latest quarter reports Commercial Loan Originations of 0.15 USD_B.

Bear case

  • Limited segment revenue visibility in the provided data: Only two segment revenue candidates are shown (Company-Owned Life Insurance Revenue and Paycheck Protection Program Revenue), and both are 0.0B.
  • Some activity categories show no revenue in the period: Company-Owned Life Insurance Revenue is 0.0B and Paycheck Protection Program Revenue is 0.0B for the latest quarter.
Valuation — source: SEC EDGAR (first-party)
Price$40.80
Market Cap$804.02M
P/E Ratio9.6
EV / EBITDA8.5
Price / Book1.25
Price / Sales2.43
FCF Yield10.6%
DCF Value (model)$64.42
DCF Upside vs Price57.9%
Profitability & Growth — source: SEC EDGAR
Revenue (TTM)$332.99M
Net Margin22.5%
Revenue Growth (YoY)6.3%
EPS Growth (YoY)-232.7%
FCF Growth (YoY)-81.6%
Valuation vs Sector & Industry
Stock P/E9.6
Sector P/E (Financials)15.1
Industry P/E (Banking)12.9
vs Sector-36.5%
vs Industry-25.6%
Smart-Money Activity — SEC Form 4 / 13F / Congressional disclosures
Top Institutional HolderPL Capital Advisors, LLC ($57.59M)
Institutional Holders Tracked10
Company
SectorFinancials
IndustryBanking
CEOMartin K. Birmingham
Employees598
CountryUS
IPO Date1999-06-25

Related Companies (Business model: Universal / Commercial Bank; 8 closest by market cap; US-domiciled)

  • Hanmi Financial Corporation (HAFC)
  • SmartFinancial, Inc. (SMBK)
  • Alerus Financial Corporation (ALRS)
  • Shore Bancshares, Inc. (SHBI)
  • Arrow Financial Corporation (AROW)
  • Peoples Financial Services Corp. (PFIS)
  • Carter Bankshares, Inc. (CARE)
  • Southern California Bancorp (BCAL)
FISI earnings history · FISI institutional & insider holders · FISI KPIs & operating metrics · FISI financials · FISI investor presentations & press releases · FISI SEC filings · FISI peers · Congress trades · Insider trades · Short interest · Stock screener

Data as of 2026-08-20.

Figures sourced from U.S. Securities and Exchange Commission (SEC EDGAR) filings and market data. Not personalized investment advice.