US · FISI
Financial Institutions, Inc.
- Sector
- Financial Services · Banks - Regional
- Headquarters
- Warsaw, NY 14569
- Website
- fiiwarsaw.com
Price · as of 2025-12-31
$34.49
Market cap 631.7M
Valuation summary
Four models, one snapshot. Upside is target ÷ current − 1.
| Valuation method | Value, $ | Upside, % |
|---|---|---|
| Artificial Intelligence(AI) | $65.30 | +89.33% |
| Intrinsic Value(DCF) | $23.19 | -32.76% |
| Graham-Dodd Method(GD) | $49.91 | +44.71% |
| Graham Formula(GF) | $183.49 | +432.02% |
Valuation history
Annual price (USD per share) overlaid with each model's fair value. Y-axis is log scale.
| Year | Price | AI | DCF | Graham-Dodd | Graham Formula |
|---|---|---|---|---|---|
| 2011 | $9.41 | $32.91 | $25.71 | $15.33 | $18.52 |
| 2012 | $11.89 | $29.86 | $50.52 | $13.85 | $17.52 |
| 2013 | $14.26 | $24.85 | $49.81 | $12.06 | $17.24 |
| 2014 | $14.92 | $26.06 | $45.26 | $13.34 | $24.86 |
| 2015 | $18.36 | $27.23 | $40.06 | $13.09 | $27.91 |
| 2016 | $22.64 | $31.12 | $36.25 | $15.18 | $42.10 |
| 2017 | $22.65 | $31.94 | $37.65 | $18.41 | $38.16 |
| 2018 | $21.02 | $28.41 | $32.48 | $17.71 | $53.94 |
| 2019 | $18.50 | $35.84 | $28.41 | $22.43 | $57.06 |
| 2020 | $25.07 | $24.15 | $30.59 | $20.26 | $14.42 |
| 2021 | $26.27 | $23.39 | $50.49 | $34.71 | $57.71 |
| 2022 | $19.05 | $22.41 | $54.68 | $21.82 | $78.44 |
| 2023 | $17.37 | $45.26 | $124.29 | $22.30 | $145.40 |
| 2024 | $25.75 | $20.98 | $26.90 | $0.19 | $30.73 |
| 2025 | $31.89 | $65.30 | $190.99 | $49.91 | $183.49 |
AI valuation
Our deep-learning model estimates Financial Institutions, Inc.'s (FISI) per-share fair value from quarterly fundamentals, sector trend, and historical valuation patterns.
- AI fair value
- $65.30
- Current price
- $34.49
- AI upside
- +89.33%
Methodology and confidence bands appear in the dedicated valuation theory section. The AI score is an estimate, not a recommendation.
Intrinsic value (DCF)
Open DCF calculatorThree textbook valuation models, recomputed daily from the latest financial statements. The DCF uses our Chepakovich model. Graham-Dodd and Graham Formula are conservative reference points.
DCF
$23.19
-32.76% upside
Graham-Dodd
$49.91
+44.71% upside
Graham Formula
$183.49
+432.02% upside
Peer comparison
Same-industry comparables, ranked by market cap.
| Basic Info | Model Valuation | Core Valuation | Profitability | Leverage & Liquidity | Growth | Cash Flow | Dividends | Enterprise Value | Risk | ||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Ticker | Company Name | Price | Market Cap | AI Upside | DCF Upside | GD Upside | GF Upside | P/E | P/B | P/S | EV/EBITDA | PEG | P/TBV | Gross Margin | Operating Margin | Net Margin | ROE | ROIC | ROA | Debt/Equity | Interest Coverage | Current Ratio | Quick Ratio | Net Debt/EBITDA | EPS Growth | Sales Growth | FCF Growth | FCF Yield | Op Cash Flow Ratio | Cash ROIC | Dividend Yield | Dividend Payout | Shareholder Yield | EV/EBIT | EV/FCF | EV/Sales | Altman Z-Score |
| FISI | Financial Institutions, I… | $34.49 | 631.7M | +89% | -33% | +45% | +432% | 8.56 | 1.02 | 1.70 | -1.39 | — | 1.13 | 61.73% | 24.17% | 19.81% | 12.50% | 25.00% | 1.21% | 0.48 | 0.69 | 1.17 | 11.54 | 0.93 | -23127.00% | 4307.00% | -10000.00% | 0.00% | 0.00 | 0.00% | 0.00% | 0.00% | 13.16% | -1.39 | — | -0.34 | 0.18 |
| ALRS | Alerus Financial Corporat… | $23.84 | 605.47M | +43% | -24% | -47% | +50% | 22.03 | 0.79 | 1.19 | 1.48 | 51.12 | 1.09 | 59.84% | 7.01% | 5.37% | 4.11% | 12.21% | 0.39% | 0.64 | 0.20 | 0.16 | 0.15 | 6.72 | 4310.00% | 3588.00% | -3548.00% | 4.23% | 0.01 | 11.39% | 3.94% | 86.90% | 4.01% | 2.43 | 3.39 | 0.17 | -0.69 |
| BCAL | Southern California Banco… | $18.31 | 591.83M | +194% | +14% | +30% | +249% | 9.53 | 1.04 | 2.58 | 4.39 | 1.23 | 1.34 | 79.37% | 37.75% | 27.06% | 11.59% | 16.62% | 1.56% | 0.12 | 1.55 | 0.24 | 0.24 | 0.22 | 77727.00% | 2623.00% | -10000.00% | 0.00% | 0.00 | 0.00% | 0.00% | 0.00% | 1.31% | 4.39 | — | 1.66 | 0.02 |
| FFIC | Flushing Financial Corpor… | $15.43 | 521.2M | +101% | +40,865% | +51% | -34% | 28.99 | 0.77 | 1.21 | 25.43 | — | 0.77 | 41.86% | 7.62% | 4.17% | 2.64% | 2.90% | 0.21% | 0.84 | 0.14 | 3.45 | 3.45 | 11.70 | -15143.00% | 1106.00% | -10000.00% | 0.00% | 0.00 | 0.00% | 0.00% | 0.00% | 70.67% | 29.37 | — | 2.24 | 0.20 |
| FFWM | First Foundation Inc. | $5.87 | 486.53M | +611% | -5% | -72% | — | -3.17 | 0.54 | 0.84 | 27.40 | -9.51 | 0.54 | 28.97% | -12.16% | -26.37% | -15.78% | 11.76% | -1.26% | 1.76 | -0.20 | 1.41 | 1.39 | 0.29 | 3333.00% | 2218.00% | -10000.00% | 0.00% | 0.00 | 0.00% | 0.00% | 0.00% | 122.73% | 27.40 | — | -3.33 | 0.17 |
| FMNB | Farmers National Banc Cor… | $12.93 | 486.86M | +173% | +11% | +56% | -0% | 8.94 | 1.00 | 1.80 | 13.16 | 47.43 | 1.62 | 63.79% | 23.93% | 20.08% | 12.24% | 10.93% | 1.05% | 0.76 | 0.71 | 1.42 | 0.00 | 5.65 | 1885.00% | 88.00% | -10000.00% | 0.00% | 0.00 | 0.00% | 0.00% | 0.00% | 0.61% | 13.16 | — | 3.15 | 0.16 |
| MOFG | MidWestOne Financial Grou… | $49.31 | 1.02B | -65% | -45% | — | +1% | -7.90 | 0.85 | 2.31 | 12.33 | — | 1.05 | 29.37% | -40.77% | -29.26% | -11.12% | 11.26% | -0.95% | 0.21 | -0.61 | 0.29 | 0.29 | 1.16 | -36617.00% | -2313.00% | 387.00% | 12.76% | 0.01 | -11.35% | 3.47% | -27.40% | 34.01% | 11.20 | -15.47 | -4.57 | -0.67 |
| MSBI | Midland States Bancorp, I… | $22.13 | 476.94M | -8% | 0% | -58% | +21% | 10.01 | 0.54 | 0.70 | -5.59 | — | 0.73 | 43.21% | 8.59% | 6.97% | 5.06% | 18.38% | 0.49% | 0.60 | 0.25 | 0.23 | 0.23 | 6.59 | -4335.00% | 739.00% | 1627.00% | 44.55% | 0.03 | 81.97% | 9.45% | 94.60% | 53.17% | -5.59 | -1.55 | -0.48 | -0.62 |
| SHBI | Shore Bancshares, Inc. | $18.58 | 621.07M | +150% | +111% | -26% | +209% | 10.36 | 0.84 | 1.39 | -0.25 | 4.83 | 1.05 | 60.33% | 17.98% | 13.44% | 8.34% | 48.52% | 0.72% | 0.25 | 0.47 | 0.11 | 0.11 | -4.34 | 21429.00% | 3694.00% | 14860.00% | 9.16% | 0.01 | 46.06% | 3.52% | 36.50% | 11.67% | -0.32 | -0.45 | -0.06 | -0.77 |
| SMBK | SmartFinancial, Inc. | $39.21 | 667.72M | -22% | -16% | -25% | +42% | 14.87 | 1.09 | 1.88 | -1.75 | 55.85 | 1.39 | 58.31% | 15.94% | 12.67% | 7.60% | -21.66% | 0.72% | 0.10 | 0.40 | 0.16 | 0.16 | -5.73 | 2663.00% | 1868.00% | 3842.00% | 8.61% | 0.01 | -27.74% | 1.01% | 15.00% | 17.58% | -2.19 | -2.15 | -0.35 | -0.69 |
| TCBX | Third Coast Bancshares, I… | $39.61 | 550.22M | -28% | +77% | +13% | +169% | 9.59 | 0.99 | 1.35 | -2.51 | 23.74 | 1.03 | 48.74% | 18.15% | 14.10% | 10.93% | -114.02% | 1.02% | 0.29 | 0.37 | 0.18 | 0.18 | -3.62 | 4040.00% | 2335.00% | -636.00% | 7.30% | 0.01 | -79.82% | 1.04% | 10.00% | 19.36% | -2.70 | -4.97 | -0.49 | -0.66 |
About Financial Institutions, Inc.
Financial Institutions, Inc. operates as a holding company for the Five Star Bank, a chartered bank that provides banking and financial services to individuals, municipalities, and businesses in New York. The company offers checking and savings account programs, including money market accounts, certificates of deposit, sweep investments, and individual retirement and other qualified plan accounts. Its loan products include term loans and lines of credit; short and medium-term commercial loans for working capital, business expansion, and purchase of equipment; commercial business loans to the agricultural industry; commercial mortgage loans; one-to-four family residential mortgage loans, home improvement loans, closed-end home equity loans, and home equity lines of credit; and consumer loans, such as automobile, secured installment, and personal loans. The company also provides personal insurance products, including automobile, homeowners, boat, recreational vehicle, landlord, and umbrella coverage; commercial insurance comprising property, liability, automobile, inland marine, workers compensation, bonds, crop, and umbrella insurance products; and financial services comprising life and disability insurance, medicare supplements, long-term care, annuities, mutual funds, and retirement programs. In addition, it offers customized investment advisory, wealth management, investment consulting, and retirement plan services, as well as operates a real estate investment trust that holds residential mortgages and commercial real estate loans. The company operates a network of 48 banking offices in Allegany, Cattaraugus, Cayuga, Chautauqua, Chemung, Erie, Genesee, Livingston, Monroe, Ontario, Orleans, Seneca, Schuyler, Steuben, Wayne, Wyoming, and Yates counties, New York. Financial Institutions, Inc. was founded in 1817 and is headquartered in Warsaw, New York.
- CEO
- Martin K. Birmingham
- Employees
- 598
- Beta
- 0.69
Disclaimer: Information on this page is provided for educational purposes only and does not constitute investment advice. Upside computed as ($23.19 ÷ $34.49) − 1 = -32.76% (DCF, example).