Financial Institutions (NASDAQ:FISI) Releases Quarterly Earnings Results, Misses Estimates By $0.06 EPS

Financial Institutions (NASDAQ:FISI) announced its quarterly earnings results on Thursday. The bank reported $0.99 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.05 by ($0.06), FiscalAI reports. The company had revenue of $64.75 million for the quarter, compared to the consensus estimate of $66.55 million. Financial Institutions had a return on equity of 13.31% and a net margin of 21.71%.

Financial Institutions Price Performance

Financial Institutions stock opened at $39.37 on Friday. The business’s 50 day simple moving average is $40.15 and its 200 day simple moving average is $36.70. Financial Institutions has a 12 month low of $28.00 and a 12 month high of $42.97. The company has a market cap of $775.98 million, a price-to-earnings ratio of 10.14 and a beta of 0.62. The company has a current ratio of 0.88, a quick ratio of 0.88 and a debt-to-equity ratio of 0.13.

Financial Institutions Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, October 2nd. Investors of record on Tuesday, September 15th were issued a $0.32 dividend. This represents a $1.28 dividend on an annualized basis and a dividend yield of 3.3%. The ex-dividend date of this dividend was Tuesday, September 15th. Financial Institutions’s payout ratio is 31.76%.

Financial Institutions News Roundup

Here are the key news stories impacting Financial Institutions this week:

• Positive Sentiment: FISI reported $19.6 million in net income available to common shareholders, or $0.99 per diluted share. Management highlighted healthy loan and deposit growth, sustained profitability, and contributions from Five Star Bank and Courier Capital. Financial Institutions Q3 2026 results
• Positive Sentiment: The earnings call emphasized operating momentum, including loan and deposit expansion and ongoing profitability. FISI’s reported return on equity was 13.45%, while its net margin was 21.78%. FISI Q3 2026 earnings call transcript
• Neutral Sentiment: FISI separately reported third-quarter net charge-offs, providing investors with an updated measure of credit quality. The charge-off data will be important for evaluating whether loan growth is accompanied by rising credit risk. FISI third-quarter net charge-offs
• Negative Sentiment: Quarterly earnings were $0.99 per share, below the $1.05 consensus estimate, while revenue of $64.75 million missed expectations of $66.55 million. The earnings and revenue shortfalls likely drove the negative reaction, particularly because EPS was unchanged from the year-ago quarter. FISI Q3 earnings and revenue miss
• Negative Sentiment: An analyst valuation report indicated approximately 29% potential downside to GF Value, adding to investor caution despite FISI’s relatively low price-to-earnings ratio of 9.77. FISI earnings watch and GF Value analysis

Wall Street Analyst Weigh In

Several research firms have recently issued reports on FISI. Piper Sandler reiterated a “neutral” rating and issued a $45.00 target price (up from $38.00) on shares of Financial Institutions in a research note on Monday, August 3rd. Keefe, Bruyette & Woods increased their price objective on shares of Financial Institutions from $42.00 to $45.00 and gave the company an “outperform” rating in a research note on Monday, July 27th. Finally, Weiss Ratings reaffirmed a “buy (b)” rating on shares of Financial Institutions in a report on Friday, October 2nd. Two investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $45.00.

Financial Institutions Company Profile

Financial Institutions, Inc (NASDAQ:FISI) is a diversified financial services company headquartered in Warsaw, New York. Through its principal banking subsidiary, Five Star Bank, the company provides community banking services to individuals, families, businesses and public-sector organizations.

Five Star Bank offers deposit accounts, residential and commercial real estate lending, consumer loans, business financing, cash-management services and other traditional banking products. The company also provides wealth management, investment advisory and retirement-plan administration services through specialized subsidiaries, including Courier Capital and Benefit Plan Administrative Services.

Financial Institutions serves customers primarily across communities in upstate New York, with related financial services available in additional markets.