Keefe, Bruyette & Woods Comments on FISI FY2025 Earnings

Financial Institutions, Inc. (NASDAQ:FISI) – Equities research analysts at Keefe, Bruyette & Woods issued their FY2025 earnings estimates for Financial Institutions in a note issued to investors on Tuesday, January 20th. Keefe, Bruyette & Woods analyst D. Delmonte anticipates that the bank will post earnings of $3.57 per share for the year. Keefe, Bruyette & Woods has a “Outperform” rating and a $35.00 price target on the stock. The consensus estimate for Financial Institutions’ current full-year earnings is $3.30 per share. Keefe, Bruyette & Woods also issued estimates for Financial Institutions’ Q4 2025 earnings at $0.94 EPS.

A number of other research firms have also recently weighed in on FISI. Weiss Ratings restated a “hold (c-)” rating on shares of Financial Institutions in a research note on Monday, December 29th. Zacks Research raised Financial Institutions to a “hold” rating in a research report on Thursday, December 18th. Wall Street Zen upgraded Financial Institutions from a “hold” rating to a “buy” rating in a research note on Sunday, December 28th. Finally, Piper Sandler reaffirmed a “neutral” rating and issued a $34.00 price target on shares of Financial Institutions in a report on Wednesday, December 17th. One research analyst has rated the stock with a Buy rating and four have assigned a Hold rating to the company. According to MarketBeat.com, Financial Institutions currently has a consensus rating of “Hold” and a consensus target price of $33.67.

Financial Institutions Stock Performance

Shares of FISI stock opened at $32.02 on Friday. The company has a market cap of $644.56 million, a P/E ratio of -23.37 and a beta of 0.70. The firm has a fifty day moving average price of $31.33 and a 200 day moving average price of $28.58. The company has a current ratio of 0.87, a quick ratio of 0.87 and a debt-to-equity ratio of 0.19. Financial Institutions has a 12 month low of $20.97 and a 12 month high of $33.73.

Financial Institutions (NASDAQ:FISI) last announced its quarterly earnings data on Monday, November 3rd. The bank reported $0.99 EPS for the quarter. The company had revenue of $63.85 million for the quarter. Financial Institutions had a negative net margin of 2.93% and a positive return on equity of 11.10%.

Financial Institutions Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, January 2nd. Shareholders of record on Monday, December 15th were given a dividend of $0.31 per share. The ex-dividend date of this dividend was Monday, December 15th. This represents a $1.24 annualized dividend and a yield of 3.9%. Financial Institutions’s payout ratio is -90.51%.

Institutional Investors Weigh In On Financial Institutions

Several large investors have recently modified their holdings of FISI. AQR Capital Management LLC increased its holdings in shares of Financial Institutions by 12.2% in the 1st quarter. AQR Capital Management LLC now owns 97,206 shares of the bank’s stock valued at $2,426,000 after acquiring an additional 10,590 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its position in Financial Institutions by 30.0% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 11,333 shares of the bank’s stock worth $283,000 after purchasing an additional 2,617 shares during the last quarter. Empowered Funds LLC increased its stake in Financial Institutions by 7.1% in the first quarter. Empowered Funds LLC now owns 74,841 shares of the bank’s stock valued at $1,868,000 after purchasing an additional 4,979 shares during the period. Jane Street Group LLC acquired a new position in Financial Institutions in the first quarter valued at $375,000. Finally, Y Intercept Hong Kong Ltd purchased a new stake in shares of Financial Institutions in the second quarter valued at about $470,000. 60.45% of the stock is owned by institutional investors and hedge funds.

About Financial Institutions

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.

In constructing its portfolio, the company may also utilize money market instruments and repurchase agreements to manage liquidity and facilitate efficient settlement.