Financial Institutions (FISI)

• Sector: Financials
• Industry: National Commercial Banks

Market Cap: $408M

About: Financial Institutions Inc operates as a financial holding company, engages in the provision of a wide range of consumer and commercial banking services to individuals, municipalities, and businesses in Western and Central New York. It operates through one segment: The Banking segment which includes all of the company's retail and commercial banking operations.

Employees: 624

Fund manager confidence

Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)

767% more call options, than puts

Call options by funds: $52K | Put options by funds: $6K

75% more first-time investments, than exits

New positions opened: 14 | Existing positions closed: 8

74% more repeat investments, than reductions

Existing positions increased: 47 | Existing positions reduced: 27

6% more funds holding

Funds holding: 100 [Q1] → 106 (+6) [Q2]

1% more capital invested

Capital invested by funds: $185M [Q1] → $188M (+$2.54M) [Q2]

0.96% less ownership

Funds ownership: 63.78% [Q1] → 62.82% (-0.96%) [Q2]

Research analyst outlook

1 Wall Street Analyst provided 1 year price targets over the past 3 months

• Low target: $25 5% downside
• Avg. target: $25 5% downside
• High target: $25 5% downside

1 analyst rating

• positive: 0 0%
• neutral: 1 100%
• negative: 0 0%

Keefe, Bruyette & Woods Damon Delmonte 36% 1-year accuracy 5 / 14 met price target

5% downside $25

Market Perform Reiterated

29 Jul 2024