# Financial Institutions Inc. (FISI) fundamentals

Data as of 2026-11-04. NASDAQ, United States. Sector: Financial Services / Banks. Price $39.35, market value $768 million.

## Valuation
- **P/E (trailing): 9.8×** (5-yr avg 6.4×, 3-yr avg 7.2×). Financial Institutions Inc. trades at 9.8× trailing earnings, well above its own five-year average of 6.4×: investors are paying up relative to the company's past. The Financial Services median in the September 2026 study was 13.1×. Forward P/E is 9.2×, lower than trailing, so analysts expect earnings to grow.
- **PEG: 0.04**. A PEG of 0.04 means the P/E is low relative to expected earnings growth: the market is not paying much for that growth.
- **Price / book: 1.3×**. The shares trade at 1.3× book value; book value is a meaningful part of the valuation.
- **Free-cash-flow yield: 7.3%** (5-yr avg 15.7%). Free cash flow equals 7.3% of the market value, below its five-year average of 15.7%, so the shares are pricier on cash than usual. Above 5% is generally attractive.
- **Earnings yield: 10.2%**. The inverse of the P/E: 10.2% of the price is earned each year.

## Profitability
- **Return on equity: 11.9%**. 11.9% on shareholders' equity is solid.

## Growth
- **EPS growth (1 yr): 231.3%** (3-yr 0.5%/yr, 5-yr 9.4%/yr). Earnings per share rose 231.3%.
- **Free-cash-flow growth (3 yr): -52.7%/yr**. Free cash flow has compounded at -52.7% a year over three years, lagging earnings: check whether profits are turning into cash.

## Financial health
- **Piotroski F-score: 3/9**. 3 of 9 checks pass: weak or deteriorating financials.
- **Cash and short-term investments: $109 million**. Leverage ratios are shown differently for banks and insurers, whose balance sheets are built on deposits and reserves; use return on equity and the regulatory capital in the filings instead.

## Dividends
- **Dividend yield: 3.25%** ($1.27 per share, trailing). Financial Institutions Inc. yields 3.25%, a modest yield more typical of a growth-oriented payer.
- **Payout ratio: 33%** (44% of free cash flow). 33% of earnings goes out as dividends, leaving room to keep raising it.
- **Consecutive years of increases: 16**. 16 straight years of increases, a record that survived at least one recession.
- **Dividend growth (5 yr): 3.6%/yr** (1-yr 3.3%). The dividend has grown 3.6% a year over five years.

## Analyst view
- **Analyst consensus: buy** (2 analysts). 2 analysts cover Financial Institutions Inc.; the consensus is buy, with an average price target of $45.00 (+14% from the current price). Analyst opinion is shown for context; it is not part of the Fundamental Score.

## Price and momentum
- **Total return (1 yr): 45.3%** (YTD 31.3%, 3-mo -5.7%). The shares are up 45.3% over twelve months including dividends.
- **From 52-week high: -8.4%** (39.5% above the low). Trading 8% below its 52-week high.
- **200-day average: above**. The price sits above its 200-day moving average, the usual definition of an uptrend.
- **RSI (14-day): 52**. An RSI of 52 is neutral.
- **Beta (1 yr): 0.66** (volatility 23%). Beta of 0.66 against the S&P 500: the shares move much less than the market.

Live score and charts: https://foliofundamentals.com/analyzer?s=FISI · Page: https://foliofundamentals.com/stocks/fisi

Not investment advice.