Financial Institutions (NASDAQ:FISI) Releases Quarterly Earnings Results, Beats Expectations By $0.11 EPS

24 Jul 2026, 14:56 by Mitch Edgeman · The Markets Daily

Financial Institutions (NASDAQ:FISI – Get Free Report) posted its earnings results on Thursday. The bank reported $1.04 EPS for the quarter, beating analysts’ consensus estimates of $0.93 by $0.11, FiscalAI reports. Financial Institutions had a return on equity of 13.08% and a net margin of 20.85%.The firm had revenue of $64.31 million during the quarter, compared to the consensus estimate of $63.54 million.

Financial Institutions Trading Up 3.4%

FISI traded up $1.31 on Friday, reaching $40.03. 90,027 shares of the company traded hands, compared to its average volume of 148,545. The company has a market cap of $788.17 million, a P/E ratio of 10.40 and a beta of 0.63. The company has a quick ratio of 0.86, a current ratio of 0.86 and a debt-to-equity ratio of 0.13. Financial Institutions has a one year low of $24.62 and a one year high of $40.40. The firm has a fifty day simple moving average of $37.55 and a two-hundred day simple moving average of $34.51.

Financial Institutions Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, July 2nd. Investors of record on Friday, June 12th were paid a $0.32 dividend. This represents a $1.28 annualized dividend and a yield of 3.2%. The ex-dividend date of this dividend was Friday, June 12th. Financial Institutions’s dividend payout ratio (DPR) is currently 33.33%.

Institutional Trading of Financial Institutions

Several institutional investors and hedge funds have recently modified their holdings of the stock. Larson Financial Group LLC grew its stake in Financial Institutions by 3,150.0% in the third quarter. Larson Financial Group LLC now owns 1,170 shares of the bank’s stock worth $32,000 after purchasing an additional 1,134 shares in the last quarter. EverSource Wealth Advisors LLC lifted its holdings in shares of Financial Institutions by 679.4% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,738 shares of the bank’s stock worth $45,000 after buying an additional 1,515 shares during the period. Comerica Bank grew its position in shares of Financial Institutions by 39.8% during the 3rd quarter. Comerica Bank now owns 1,647 shares of the bank’s stock worth $45,000 after buying an additional 469 shares in the last quarter. CANADA LIFE ASSURANCE Co increased its stake in shares of Financial Institutions by 44.8% during the fourth quarter. CANADA LIFE ASSURANCE Co now owns 1,607 shares of the bank’s stock valued at $50,000 after buying an additional 497 shares during the period. Finally, Advisory Services Network LLC bought a new stake in shares of Financial Institutions in the third quarter valued at about $53,000. Institutional investors own 60.45% of the company’s stock.

Analyst Ratings Changes

A number of equities research analysts recently issued reports on the stock. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Financial Institutions in a research note on Monday, July 6th. Wall Street Zen downgraded shares of Financial Institutions from a “buy” rating to a “hold” rating in a report on Saturday, May 9th. Two analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat, Financial Institutions currently has an average rating of “Moderate Buy” and a consensus price target of $37.00.

Read Our Latest Analysis on FISI

About Financial Institutions

(Get Free Report)

Financial Institutions, Inc (NASDAQ: FISI) is a non-diversified, closed-end management investment company that seeks to provide tax-advantaged income to shareholders. The company invests primarily in investment-grade municipal obligations issued by states, municipalities and government agencies across the United States. By focusing on high-credit-quality bonds, Financial Institutions aims to deliver current income that is exempt from federal income tax.