FISINasdaqNational Commercial BanksFiscal year ends December 31Also trades as FIISO, FIISP
FINANCIAL INSTITUTIONS INC
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Aug 3, 2026
$39.19−0.12 (-0.31%)
Close on Oct 19, 2026
- Market cap
- $781.49M
- P/E (TTM)
- 9.7
- Dividend yield
- 3.16%
Margins
Share of revenue, fiscal years 2011 to 2025
Net margin
30.6%+9.5 pts over 5 years
Growth rates
Compound annual growth to fiscal 2025
| Per year | 1 year | 3 years | 5 years | 10 years | Five-year pace |
|---|---|---|---|---|---|
| Revenue | +109.5% | +4.7% | +6.1% | +6.9% | |
| Net income | – | +9.8% | +14.3% | +10.2% | |
| EPS, diluted | – | +0.5% | +9.4% | +6.6% | |
| Free cash flow | -81.6% | -52.7% | -19.5% | -9.4% | |
| Dividend per share | +3.3% | +2.2% | +3.6% | +4.5% |
Returns and balance sheet
10 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2016 | FY2020 | FY2025 | Trend |
|---|---|---|---|---|
| Return on equity | 10.4% | 8.4% | 12.5% | |
| Return on assets | 0.9% | 0.8% | 1.2% | |
| Capex to revenue | 5.5% | 2.3% | 2.3% | |
| Diluted shares | 14M | 16M | 20M |
Where the cash went
Fiscal 2021 to 2025, five years combined
Financial Institutions generated $313.36M from operations and spent $164.38M on capital expenditure, dividends and share buybacks. 19% of that went back into the business.
Generated
$313.36M
Used
$164.38M
Capital expenditure$31.29M19%Dividends$96.10M58%Share buybacks$36.99M23%
DuPont analysis
Return on equity split into margin, efficiency and leverage
Net margin30.6%
×Asset turnover0.04×
×Equity multiplier10.34×
=Return on equity, FY202512.5%
| Fiscal year | Net margin | Asset turnover | Equity multiplier | Return on equity |
|---|---|---|---|---|
| FY2025 | 30.6% | 0.04× | 10.34× | 12.5% |
| FY2024 | -35.6% | 0.02× | 11.99× | -8.1% |
| FY2023 | 23.5% | 0.04× | 13.90× | 11.7% |
| FY2022 | 26.5% | 0.04× | 12.43× | 12.4% |
| FY2021 | 38.5% | 0.04× | 10.72× | 16.0% |
| FY2020 | 21.0% | 0.04× | 10.25× | 8.4% |
| FY2019 | 28.7% | 0.04× | 10.41× | 11.7% |
| FY2018 | 24.8% | 0.04× | 10.83× | 10.2% |
| FY2017 | 22.8% | 0.04× | 11.15× | 9.6% |
| FY2016 | 23.1% | 0.04× | 11.55× | 10.4% |
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2025 against fiscal 2024
4of 6 tests passed in fiscal 2025. Some tests lack the figures they need.
- ProfitableNet income above zero$74.87M
- Cash generatingOperating cash flow above zero$18.80M
- Return on assets improvedROA up on the prior year-0.7% → 1.2%
- Earnings backed by cashOperating cash flow above net income$18.80M vs $74.87M
- Less leverageLong-term debt to assets fell– → –
- Better liquidityCurrent ratio rose– → –
- No dilutionShare count did not rise16M → 20M
- Gross margin improvedGross margin up on the prior year– → –
- More efficientAsset turnover rose0.02 → 0.04