Financial Institutions Inc. Common Stock (FISI)

FairStock Score: 76/100 — HIGH CONVICTION

Key Financials

AI Analysis

AI-generated, general educational analysis — not personal investment advice.

I look for banks that earn a durable return on equity and sell near book value. Financial Institutions Inc. is a small New York regional bank with 631 employees, so its competitive moat is mostly local deposits and relationships—useful but not unassailable. At the 2026-10-13 close of $38.80, FairStock's calculations show a P/E of 9.63 and P/B of 1.22, while ROE is 13.27% and the dividend yield is 3.30%. FairStock Score is 76/100. That is not a bargain-bin price, but it is reasonable if the 13% return on equity proves sustainable. The filed results show a clear turnaround. After a fiscal 2024 loss of $41.6M, or $2.75 per diluted share, the bank earned $74.9M, or $3.61 per diluted share, in fiscal 2025. In fiscal Q2 2026, the quarter ended 2026-06-30, net income was $21.2M and diluted EPS was $1.04, up from $17.5M and $0.85 in fiscal Q2 2025. FairStock's Lynch rule classifies this as a TURNAROUND, since it returned to profit after a loss within the last three years. Piotroski is 5/9, so the recovery is real but not yet pristine. The gaps matter. CET1, net interest margin (NIM), and combined ratio are not in the data, and D/E is N/A, so I cannot judge loan quality or capital adequacy. The low beta of 0.64 and 3.30% yield offer defense, but a 2024 loss is a scar. At 1.22 times book, the stock needs continued earning power, not just hope.

In plain English: Financial Institutions Inc. is a small regional bank in New York that serves people, businesses, and local governments. It lost money in 2024 but has made money again in recent quarters, and profits are improving. At $38.80, the stock looks reasonably priced compared with its profits and net worth, though banks always carry lending risks that the numbers here do not fully show.

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Data as of 2026-10-13 close · note generated 2026-10-15 · model deepseek-flash

Sources (SEC EDGAR): fiscal Q2 2026 10-Q (period ended 2026-06-30) · fiscal Q1 2026 10-Q (period ended 2026-03-31) · fiscal Q3 2025 10-Q (period ended 2025-09-30) · fiscal Q2 2025 10-Q (period ended 2025-06-30) · FY2025 10-K (period ended 2025-12-31) · FY2024 10-K (period ended 2024-12-31) · FY2023 10-K (period ended 2023-12-31)

Fundamentals from company filings and market-data providers; prices are end-of-day, not real-time. AI-generated analysis is general and educational — not personal investment advice. Scoring methodology · Score test · Disclaimer