Keefe, Bruyette & Woods Forecasts FISI Q3 Earnings

Financial Institutions, Inc. (NASDAQ:FISI) – Equities research analysts at Keefe, Bruyette & Woods issued their Q3 2026 earnings per share (EPS) estimates for shares of Financial Institutions in a report issued on Friday, October 23rd. Keefe, Bruyette & Woods analyst D. Delmonte forecasts that the bank will post earnings per share of $1.05 for the quarter. Keefe, Bruyette & Woods currently has an “Outperform” rating and a $45.00 target price on the stock. The consensus estimate for Financial Institutions’ current full-year earnings is $4.21 per share.

Other equities research analysts also recently issued reports about the company. Weiss Ratings reissued a “buy (b)” rating on shares of Financial Institutions in a report on Friday, October 2nd. Piper Sandler reiterated a “neutral” rating and issued a $45.00 price target (up from $38.00) on shares of Financial Institutions in a research report on Monday, August 3rd. Two equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. Based on data from MarketBeat, Financial Institutions presently has an average rating of “Moderate Buy” and a consensus price target of $45.00.

Financial Institutions Stock Down 0.0%

Shares of FISI stock opened at $40.80 on Monday. Financial Institutions has a twelve month low of $28.00 and a twelve month high of $42.97. The business’s fifty day moving average is $40.20 and its 200 day moving average is $36.57.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in the stock. BlackRock Inc. bought a new position in Financial Institutions in the second quarter worth approximately $64,973,000. Ategra Capital Management LLC purchased a new position in shares of Financial Institutions in the second quarter worth $21,983,000. Hillsdale Investment Management Inc. acquired a new position in shares of Financial Institutions in the first quarter valued at about $7,391,000. Canandaigua National Bank & Trust Co. purchased a new position in shares of Financial Institutions during the second quarter worth $6,006,000. Finally, Bank of America Corp DE purchased a new position in Financial Institutions during the second quarter valued at approximately $5,015,000. 60.45% of the stock is currently owned by institutional investors.

Financial Institutions Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, October 2nd. Shareholders of record on Tuesday, September 15th were paid a dividend of $0.32 per share. This represents a $1.28 annualized dividend and a yield of 3.1%. The ex-dividend date of this dividend was Tuesday, September 15th.

About Financial Institutions

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.