FISI icon

Financial Institutions

27.13 USD
-0.26
0.95%
Updated Dec 26, 10:59 AM EST
1 day
-0.95%
5 days
-1.09%
1 month
-0.88%
3 months
7.83%
6 months
51.31%
Year to date
26.54%
1 year
24.97%
5 years
-15.75%
10 years
2.80%
 

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

0
Funds holding %
of 6,809 funds
Analysts bullish %

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

213% more call options, than puts

Call options by funds: $25K | Put options by funds: $8K

167% more first-time investments, than exits

New positions opened: 24 | Existing positions closed: 9

51% more capital invested

Capital invested by funds: $192M [Q2] → $290M (+$97.5M) [Q3]

28% more repeat investments, than reductions

Existing positions increased: 41 | Existing positions reduced: 32

14% more funds holding

Funds holding: 106 [Q2] → 121 (+15) [Q3]

13.43% more ownership

Funds ownership: 64.39% [Q2] → 77.82% (+13.43%) [Q3]

Research analyst outlook

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

Low target
$28
3%
upside
Avg. target
$31
12%
upside
High target
$33
22%
upside

2 analyst ratings

positive
50%
neutral
50%
negative
0%
Piper Sandler
Frank Schiraldi
52% 1-year accuracy
15 / 29 met price target
22%upside
$33
Overweight
Assumed
20 Dec 2024
Keefe, Bruyette & Woods
Damon Delmonte
33% 1-year accuracy
7 / 21 met price target
3%upside
$28
Market Perform
Maintained
4 Dec 2024

Financial journalist opinion

Based on 5 articles about FISI published over the past 30 days

Positive
Zacks Investment Research
3 days ago
Are Investors Undervaluing Financial Institutions (FISI) Right Now?
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Are Investors Undervaluing Financial Institutions (FISI) Right Now?
Positive
Zacks Investment Research
1 week ago
What Makes Financial Institutions (FISI) a Strong Momentum Stock: Buy Now?
Does Financial Institutions (FISI) have what it takes to be a top stock pick for momentum investors? Let's find out.
What Makes Financial Institutions (FISI) a Strong Momentum Stock: Buy Now?
Neutral
GlobeNewsWire
2 weeks ago
Financial Institutions, Inc. Announces Pricing of Common Stock Offering
WARSAW, N.Y., Dec. 11, 2024 (GLOBE NEWSWIRE) -- Financial Institutions, Inc. (Nasdaq: FISI) (the “Company”), parent company of Five Star Bank and Courier Capital, LLC, today announced the pricing of its previously announced underwritten public offering of 4,000,000 shares of its common stock at a public offering price of $25.00 per share. The expected proceeds to the Company, after deducting underwriting discounts and commissions but before deducting operating expenses payable by the Company, are approximately $95.0 million. In addition, the Company has granted the underwriters a 30-day option to purchase up to an additional 600,000 shares of Company common stock at the public offering price, less underwriting discounts, and commissions.
Financial Institutions, Inc. Announces Pricing of Common Stock Offering
Neutral
GlobeNewsWire
2 weeks ago
Financial Institutions, Inc. Announces Launch of Common Stock Offering
WARSAW, N.Y., Dec. 11, 2024 (GLOBE NEWSWIRE) -- Financial Institutions, Inc. (Nasdaq: FISI) (the “Company”), parent company of Five Star Bank and Courier Capital, LLC, announced today that it has launched an underwritten public offering of shares of its common stock. The Company intends to grant the underwriters a 30-day option to purchase additional shares of its common stock.
Financial Institutions, Inc. Announces Launch of Common Stock Offering
Positive
Zacks Investment Research
2 weeks ago
Is Financial Institutions (FISI) Stock Undervalued Right Now?
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Is Financial Institutions (FISI) Stock Undervalued Right Now?
Neutral
GlobeNewsWire
1 month ago
Financial Institutions, Inc. Announces Quarterly Cash Dividend
WARSAW, N.Y., Nov. 20, 2024 (GLOBE NEWSWIRE) -- Financial Institutions, Inc. (NASDAQ: FISI) (the “Company”), parent company of Five Star Bank and Courier Capital, LLC, announced today that its Board of Directors has approved a quarterly cash dividend of $0.30 per outstanding common share.
Financial Institutions, Inc. Announces Quarterly Cash Dividend
Neutral
GlobeNewsWire
1 month ago
Christopher Campise Named Chief Information Officer of Five Star Bank
Mr. Campise brings more than 25 years of technology leadership experience to the growing community bank Mr. Campise brings more than 25 years of technology leadership experience to the growing community bank
Christopher Campise Named Chief Information Officer of Five Star Bank
Positive
Seeking Alpha
1 month ago
Financial Institutions: Good Dividend Yield; Room For Price Upside Despite The Recent Rally
Loan growth will likely remain subdued as rate cuts will lift demand, but lackluster economic activity will dampen the demand for credit products. A large chunk of low-yielding loans and securities are scheduled to mature soon. Reinvestment will lift the margin. Financial Institutions is offering a dividend yield of 4.9% with an implied payout ratio of only 37%.
Financial Institutions: Good Dividend Yield; Room For Price Upside Despite The Recent Rally
Neutral
Seeking Alpha
2 months ago
Financial Institutions, Inc. (FISI) Q3 2024 Earnings Call Transcript
Financial Institutions, Inc. (NASDAQ:FISI ) Q3 2024 Results Conference Call October 25, 2024 8:30 AM ET Company Participants Kate Croft - Director of IR Martin Birmingham - President and CEO Jack Plants - CFO Conference Call Participants Damon DelMonte - KBW David Mirochnick - Stephens Operator Thank you for standing by, Ladies and gentlemen. Welcome to the Financial Institutions, Inc. Third Quarter 2024 Earnings Call.
Financial Institutions, Inc. (FISI) Q3 2024 Earnings Call Transcript
Neutral
GlobeNewsWire
2 months ago
Financial Institutions, Inc. Announces Third Quarter 2024 Financial Results
WARSAW, N.Y., Oct. 24, 2024 (GLOBE NEWSWIRE) -- Financial Institutions, Inc. (NASDAQ: FISI) (the "Company," "we" or "us"), parent company of Five Star Bank (the "Bank") and Courier Capital, LLC ("Courier Capital"), today reported financial and operational results for the third quarter ended September 30, 2024.
Financial Institutions, Inc. Announces Third Quarter 2024 Financial Results
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