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Saturday 17 October 2026 Export FISI’s income statement to Excel — free account

Financial Institutions, Inc.

FISI Financial Banks Regional

In the quarter to June 2026, revenue was flat, EPS grew 24.7%, free cash flow grew 398.0% and total debt fell 31.5%, each against the same quarter a year earlier. Dividend growth for ten consecutive years; insiders bought in the last twelve months.

39.31 0.04 +0.10%
Market cap
$773.9M
P/E
9.6×
Fwd P/E
9.2×
Dividend yield
3.23%
F-score
6/9
Altman Z
n/a
Beneish M
n/a
Dividend safety
n/a
Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios 10-Q 10-K

Insider Decisions trades per month

Total buys 0.02
Totals in millions of $.
Dec 25 Mar 26 Jun 26 Sep 26
Buy — — — — 1 — — — — — — —
Sell — — — — — — — — — — — —
Insider Ownership 2.47%

Capital & Financial Ratios $m

Market Cap 773.87
Revenue 379.30
Net Income 82.63
Free Cash Flow 56.33
Net Debt (20.48)
Current Ratio 0.88
Debt/Equity 0.12
P/E ratio 9.61
Fwd P/E 9.23
P/S ratio 2.04
P/B ratio 1.24
Past 5Y EPS Growth 9.43%
This Y EPS Growth 16.07% (at or above 15%: strong)
Next Y EPS Growth 2.63%
Next Y revenue growth (30.97%) (below 0%: weak)
Next 5Y EPS Growth 7.62%

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

P/E against its own 10 years 52.09%
10-year low 10-year high
P/S against its own 10 years 44.45%
10-year low 10-year high
P/B against its own 10 years 71.51%
10-year low 10-year high

Dividends

Payout Ratio 0.32
Annual Dividend Rate 1.27
Annual Dividend Yield 3.23%
total individual payouts
2028 Powerpack
2027 Powerpack
2026 1.28
0.32
0.32
0.32
2025 1.24
0.31
0.31
0.31
0.31
2024 1.20
0.30
0.30
0.30
0.30
2023 1.20
0.30
0.30
0.30
0.30
2022 1.16
0.29
0.29
0.29
0.29
2021 1.08
0.27
0.27
0.27
0.27
2020 1.04
0.26
0.26
0.26
0.26
2019 1.00
0.25
0.25
0.25
0.25
2018 0.96
0.24
0.24
0.24
0.24
2017 0.85
0.21
0.21
0.21
0.22
2016 0.81
0.20
0.20
0.20
0.21
predictions special payouts not included in total or ratios

Assets vs Liabilities $m

2023 2024 2025 Q'26
Cash 124 87 109 99
Receivables — — — —
Inventory — — — —
Other — — — —
4,537 4,521 4,723 4,807
2023 2024 2025 Q'26
Payables 5,213 5,105 5,206 5,299
ST’ Debt — — — —
Other — — — —
5,398 5,204 5,315 5,481

Compound Annual Growth %

10y 5y 3y
Sales 10.78% 13.07% 15.96%
Cash Flow (7.96%) (15.43%) (47.98%)
Earnings 10.57% 14.77% 10.03%
Book Value 7.91% 6.07% 15.74%

Revenue $m

Mar Jun Sep Dec Year
’26 92 94 — — —
’25 91 93 96 97 378
’24 89 103 87 — 267
’23 75 83 85 92 334
’22 54 57 63 69 242
’21 54 51 53 55 214
’20 52 49 52 52 204
Fiscal quarters ending in the months shown.
value withheld pending a data check

Operating Cash Flow $m

Mar Jun Sep Dec Year
’26 24 23 — — —
’25 10 (6) (7) 21 19
’24 12 36 2 27 77
’23 7 8 44 (48) 11
’22 44 38 36 16 134
’21 20 11 9 33 73
’20 4 6 10 23 43
Fiscal quarters ending in the months shown.

Free Cash Flow $m

Mar Jun Sep Dec Year
’26 23 22 — — —
’25 9 (7) (8) 19 13
’24 11 35 0 27 72
’23 6 8 43 (49) 8
’22 43 35 34 13 125
’21 20 7 7 33 67
’20 4 5 10 22 40
Fiscal quarters ending in the months shown.

EPS $

Mar Jun Sep Dec Year
’26 1.04 1.04 — — —
’25 0.81 0.85 0.99 0.96 3.61
’24 0.11 1.62 0.84 (4.02) (2.66)
’23 0.76 0.91 0.88 0.61 3.15
’22 0.93 0.99 0.88 0.76 3.56
’21 1.27 1.25 1.05 1.21 4.78
’20 0.05 0.67 0.74 0.84 2.30
Fiscal quarters ending in the months shown.

Target Price Range

Analyst price targets

Recommendation Rating

2
1Buy 2 3Hold 4 5Sell

Ten years at a glance Fiscal years to December

Group Line 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 Trend 2026e 2027e 2028e
Price, $
Price, $ Low 24.56 25.65 24.49 25.50 12.78 21.76 22.91 13.84 16.29 20.97

Analyst estimates 2026–2028

Powerpack
High 34.55 35.40 34.35 33.28 32.70 33.65 34.43 25.85 29.34 33.00
People
People Employees 654 656 702 722 613 625 672 624 598 631
Revenue/emp, $m 0.23 0.25 0.27 0.29 0.33 0.34 0.36 0.54 0.45 0.60
Income, $m
Income, $m Revenue 151 165 189 209 204 214 242 334 267 378
Gross margin, % 91.69 89.39 84.21 81.41 89.09 94.17 88.14 63.99 43.86 64.81
EBT 44 43 50 59 46 97 71 63 (68) 91
EBT margin, % 29.23 26.37 26.18 28.41 22.36 45.41 29.28 18.86 (25.57) 24.17
Net income 32 34 40 49 38 78 57 50 (42) 75
Depreciation 9 11 11 10 11 14 13 12 10 1
Per share, $
Per share, $ Revenue 10.46 10.96 11.89 13.10 12.76 13.52 15.76 21.75 17.00 18.80
Earnings 2.11 2.13 2.39 2.97 2.30 4.81 3.58 3.17 (2.66) 3.65
Cash flow 3.23 3.08 4.09 3.61 2.71 4.61 8.68 0.71 4.92 0.94
Capex (0.47) (0.50) (0.14) (0.21) (0.23) (0.37) (0.54) (0.19) (0.32) (0.27)
Free cash flow 2.77 2.58 3.95 3.41 2.48 4.23 8.14 0.51 4.60 0.66
Book value 22.17 25.34 24.91 27.48 29.23 31.89 26.37 29.58 36.28 31.29
Shares, m 14 15 16 16 16 16 15 15 16 20
Valuation, ×
Valuation, × P/E 16.04 14.69 10.75 10.81 9.78 6.61 6.87 6.76 0.00 8.54
P/S 3.24 2.84 2.16 2.45 1.76 2.35 1.56 0.99 1.61 1.66
P/B 1.61 1.29 1.08 1.22 0.80 1.03 0.97 0.75 0.78 1.02
EV/Sales 3.02 2.48 1.83 2.10 1.66 2.33 1.33 0.99 1.75 1.88
EV/FCF 11.43 10.54 5.49 8.07 8.57 7.43 2.57 41.73 6.45 53.28
Cash, $m
Cash, $m Operating cash flow 47 46 65 58 43 73 134 11 77 19
Capex (7) (8) (2) (3) (4) (6) (8) (3) (5) (5)
Free cash flow 40 39 63 54 40 67 125 8 72 13
Balance, $m
Balance, $m Working capital (945) (854) (678) (523) (643) (1,132) (998) (861) (683) (593)
Total debt 39 39 39 39 74 74 74 125 125 194
Net debt (32) (60) (64) (74) (20) (5) (56) 0 38 85
Shareholders’ equity 320 381 396 439 468 505 406 455 569 629
Returns, %
Returns, % ROA 0.86 0.82 0.90 1.09 0.79 1.46 0.97 0.82 (0.70) 1.18
ROIC 9.58 8.77 9.75 10.17 6.59 12.17 12.99 8.66 (7.02) 8.00
ROE 10.52 9.62 10.25 11.84 8.45 16.24 12.58 11.82 (8.72) 12.62
Negative figures in brackets.

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026

Charts ten years each

Financial Institutions, Inc. vs peers in Banks Regional (Q) = latest quarter vs a year earlier

Company Market cap P/E Fwd P/E Revenue growth (Q) EPS growth (Q) FCF growth (Q) Gross margin (Q) EBIT margin (Q) Compare
ORRF Orrstown Financial Services Inc $816.1M 9.3× 8.8× +0.90% (above 0%: growing) +8.91% (above 0%: growing) −5.50% (below 0%: shrinking) 70.78% 0.00% Compare
SPFI South Plains Financial, Inc. $809.1M 11.4× 11.7× +16.84% (above 0%: growing) +10.00% (above 0%: growing) +104.00% (above 0%: growing) 72.34% 0.00% Compare
IBCP Independent Bank Corp. $783.4M 10.2× 10.0× +5.66% (above 0%: growing) +12.35% (above 0%: growing) −1.00% (below 0%: shrinking) 76.53% 0.00% Compare
HTB HomeTrust Bancshares, Inc. $776.1M 12.2× 12.9× −4.58% (below 0%: shrinking) −5.94% (below 0%: shrinking) +417.30% (above 0%: growing) 77.45% 0.00% Compare
FISI Financial Institutions, Inc. $773.9M 9.6× 9.2× +0.58% (above 0%: growing) +24.71% (above 0%: growing) +397.95% (above 0%: growing) 68.40% 0.00%
PGC Peapack-Gladstone Financial Corporation $769.9M 14.8× 11.9× +10.12% (above 0%: growing) +97.78% (above 0%: growing) +388.43% (above 0%: growing) 70.34% 0.00% Compare
SMBC Southern Missouri Bancorp, Inc. $769.7M 10.9× 10.3× +2.83% (above 0%: growing) +31.43% (above 0%: growing) −50.54% (below 0%: shrinking) 64.61% 0.00% Compare
ALRS Alerus Financial $765.5M 29.0× 9.7× +1.35% (above 0%: growing) +3.80% (above 0%: growing) +136.92% (above 0%: growing) 77.88% 0.00% Compare
SHBI Shore Bancshares Inc $752.2M 11.4× 10.1× +0.40% (above 0%: growing) +21.74% (above 0%: growing) +185.78% (above 0%: growing) 71.57% 0.00% Compare
Median of peers $773.0M 11.4× 10.2× +2.09% +11.18% +120.46% 71.96% 0.00%

All 323 Banks Regional stocks →

Financial Institutions, Inc. (FISI) key facts

  • Financial Institutions, Inc. (FISI) is a Banks Regional company in the Financial sector, listed on Nasdaq.
  • As of October 16, 2026, FISI traded at $39.31, a market capitalization of $773.9 million.
  • Financial Institutions, Inc. pays an annual dividend of $1.27 per share, a yield of 3.23%, with a payout ratio of 31.5%.
  • Return on equity was 12.6% and debt-to-equity 0.12.
  • Its Piotroski F-score is 6 out of 9 for fiscal 2025.

Source: company filings (standardised) and stockrow calculations.

Financial Institutions, Inc. (FISI) Latest News

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stockrow.com/FISI · Data as of Jun 30, 2026 · For information only; not investment advice. · © 2026 stockrow.com