SequelSEC

FINANCIAL INSTITUTIONS INC FISI

National Commercial Banks · CIK 0000862831 · Fiscal year ends 1231 · Bank

AnnualQuarterlyTTM
Revenue
Unavailable
Fiscal year ended 2026-06-30
Net income
$21.18M
Fiscal year ended 2026-06-30
Total assets
$6.33B
Fiscal year ended 2026-06-30

Valuation, from the filing

Public float$504.05MMarket value of stock held by non-affiliates, as stated on the cover page for 2025-06-30
Float per share$25.67Float divided by shares outstanding in the same filing. A floor under the share price on that date, not the price itself.
Float / net income6.7×A lower bound on the multiple, because affiliate holdings are excluded.
Float / equity0.8×A lower bound on the multiple, because affiliate holdings are excluded.

Every figure here is drawn from the 10-K cover page and the statements behind it, so each one traces to a filing. Public float counts only stock held by non-affiliates, which makes these floors rather than estimates: a high multiple is conclusive, a low one may mean cheap or may mean closely held. The float was measured on 2025-06-30, not today, and each multiple below it uses the figures for the fiscal year ending 2025-12-31 — the year that filing covered.

Valuation over time

6.7× earnings today, against a median of 11.2× across 9 years on record. Below its own history.

Float measuredPublic floatFloat / net income
2025-06-30$504.05M6.7×
2023-06-30$235.97B4694.6×
2022-06-30$390.28B6898.7×
2021-06-30$466.35M6.0×
2020-06-30$292.24M7.6×
2019-06-30$457.23M9.4×
2018-06-30$502.47M12.7×
2017-06-30$427.57M12.8×
2016-06-30$358.54M11.2×

Each float is paired with the fiscal year the filing that stated it covers. Only years where the company reported positive net income appear, because a multiple against a loss is not a multiple.

How this compares in its industry

Percentile among the National Commercial Banks filers on this site, highest value first. A high percentile means a large figure, which is good for a margin and not for leverage — the ranking says where the company sits, not whether that is where it should be.

MeasureReportedPercentile
Effective tax rate18.0%25th
Long-term debt / equity0.31x50th

FINANCIAL INSTITUTIONS INC (FISI) reported net income of $21.18M for the fiscal year ended 2026-06-30. This page shows 10 annual periods of income statement, balance sheet and cash flow figures normalized from FINANCIAL INSTITUTIONS INC’s SEC filings, each linked to the filing it came from. It is classified by the SEC under National Commercial Banks.

Banks, brokers and insurers present a top line that is not comparable with an operating company’s revenue: it is reported net of interest expense, or as premiums earned, depending on the filer. The figures are the filer’s own and are traceable to the filing; the comparison across classes is what does not hold.

Income

FINANCIAL INSTITUTIONS INC income by fiscal year, in US dollars, normalized from SEC filings.
Metric2026-06-302026-03-312025-12-312025-09-302025-06-302025-03-312024-12-312024-09-302024-06-302024-03-31
RevenueUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Cost of revenueUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Gross profitUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Operating incomeUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Net income$21.18MUnavailable$19.98M$20.48MUnavailableUnavailable-$82.81M$13.47MUnavailableUnavailable
Research & developmentUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Weighted-average diluted sharesshares 19.94MUnavailableUnavailableshares 20.34MUnavailableUnavailableUnavailableshares 15.64MUnavailableUnavailable
Pretax income$25.60MUnavailable$24.00M$25.24MUnavailableUnavailable-$115.27M$14.55MUnavailableUnavailable
Income tax expense$4.42MUnavailable$4.02M$4.76MUnavailableUnavailable-$32.46M$1.08MUnavailableUnavailable
Diluted EPS$1.04UnavailableUnavailable$0.99UnavailableUnavailableUnavailable$0.84UnavailableUnavailable
Selling, general & administrativeUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
General & administrativeUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Selling & marketingUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable

Balance

FINANCIAL INSTITUTIONS INC balance by fiscal year, in US dollars, normalized from SEC filings.
Metric2026-06-302026-03-312025-12-312025-09-302025-06-302025-03-312024-12-312024-09-302024-06-302024-03-31
Cash & equivalents$99.17MUnavailable$108.75M$185.94MUnavailableUnavailable$87.32MUnavailableUnavailableUnavailable
Total assets$6.33BUnavailable$6.27B$6.29BUnavailableUnavailable$6.12B$6.16BUnavailableUnavailable
Current assetsUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Total liabilities$5.69BUnavailable$5.65B$5.67BUnavailableUnavailable$5.55B$5.66BUnavailableUnavailable
Current liabilitiesUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Total equity incl. NCI$643.44MUnavailable$628.85M$621.72MUnavailableUnavailable$568.98M$500.34MUnavailableUnavailable
Temporary (mezzanine) equityUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
InventoryUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Accounts receivableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Goodwill$58.12MUnavailable$58.12M$58.10MUnavailableUnavailable$58.12M$58.12MUnavailableUnavailable
Long-term debt$78.69MUnavailable$193.65M$115.00MUnavailableUnavailable$124.84M$124.76MUnavailableUnavailable
Accounts payableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable

Cash flow

FINANCIAL INSTITUTIONS INC cash flow by fiscal year, in US dollars, normalized from SEC filings.
Metric2026-06-302026-03-312025-12-312025-09-302025-06-302025-03-312024-12-312024-09-302024-06-302024-03-31
Operating cash flow$22.66MUnavailable$21.40M-$6.88MUnavailableUnavailable$27.02M$2.15MUnavailableUnavailable
Capital expenditures$848.00KUnavailable$2.12M$1.02MUnavailableUnavailable$403.00K$2.45MUnavailableUnavailable
Investing cash flow-$31.81MUnavailable-$62.27M-$49.37MUnavailableUnavailable-$134.95M$79.82MUnavailableUnavailable
Financing cash flow$22.88MUnavailable-$36.32M$149.16MUnavailableUnavailable-$54.31M$21.25MUnavailableUnavailable
Net change in cash$13.72MUnavailable-$77.19M$92.91MUnavailableUnavailable-$162.25M$103.22MUnavailableUnavailable
Stock-based compensation$1.27MUnavailable$861.00K$756.00KUnavailableUnavailable-$199.00K$494.00KUnavailableUnavailable
Common dividends paid$6.64MUnavailableUnavailable$6.60MUnavailableUnavailableUnavailable$5.00MUnavailableUnavailable
Common share repurchases$65.00KUnavailable$10.90M$34.00KUnavailableUnavailable$4.00K$26.00KUnavailableUnavailable
Depreciation & amortization$1.88MUnavailable$2.18M$1.87MUnavailableUnavailable$1.96M$1.82MUnavailableUnavailable

Derived

FINANCIAL INSTITUTIONS INC derived by fiscal year, in US dollars, normalized from SEC filings.
Metric2026-06-302026-03-312025-12-312025-09-302025-06-302025-03-312024-12-312024-09-302024-06-302024-03-31
Free cash flow$21.81MUnavailable$19.28M-$7.90MUnavailableUnavailable$26.61M-$299.00KUnavailableUnavailable
Gross marginUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Operating marginUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
FCF marginUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
SBC / revenueUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Current ratioUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Revenue YoY growthUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Net marginUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
R&D / revenueUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
CapEx / revenueUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Long-term debt / equity0.12xUnavailable0.31x0.18xUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Effective tax rate17.3%Unavailable16.7%18.9%UnavailableUnavailableUnavailable7.4%UnavailableUnavailable

Amounts are abbreviated; the exact reported value is carried in each cell. — means unavailable, not zero. Open FISI in the interactive workspace to inspect any figure back to its filing.

Source filings

10-Q · Filed 2026-08-03View SEC filing
10-Q · Filed 2026-05-04View SEC filing
10-K · Filed 2026-03-09View SEC filing
10-Q · Filed 2025-11-03View SEC filing
10-Q · Filed 2025-08-04View SEC filing
10-Q · Filed 2025-05-05View SEC filing

Companies in the same industry

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Reconciliation checks needing review

14 periods on this page do not reconcile under this site’s normalization. Read that as a limitation here before an observation about the company: the figures are the filer’s own, the filings linked above are authoritative, and a difference usually means the concepts this site selected do not match how this filer presents its statements. Nothing is adjusted to make a check pass.

gross profit bridgeinconsistent2026-03-31

Withheld: cost revenue, revenue could not be reconciled with the rest of this filer’s statement.

balance equationinconsistent2026-03-31

Withheld: assets, equity, liabilities could not be reconciled with the rest of this filer’s statement.

balance equationinconsistent2025-06-30

Withheld: assets, equity, liabilities could not be reconciled with the rest of this filer’s statement.

gross profit bridgeinconsistent2025-06-30

Withheld: cost revenue, revenue could not be reconciled with the rest of this filer’s statement.

gross profit bridgeinconsistent2025-03-31

Withheld: cost revenue, revenue could not be reconciled with the rest of this filer’s statement.

balance equationinconsistent2025-03-31

Withheld: assets, equity, liabilities could not be reconciled with the rest of this filer’s statement.

balance equationinconsistent2024-06-30

Withheld: assets, equity, liabilities could not be reconciled with the rest of this filer’s statement.

gross profit bridgeinconsistent2024-06-30

Withheld: cost revenue, revenue could not be reconciled with the rest of this filer’s statement.

gross profit bridgeinconsistent2024-03-31

Withheld: cost revenue, revenue could not be reconciled with the rest of this filer’s statement.

balance equationinconsistent2024-03-31

Withheld: assets, equity, liabilities could not be reconciled with the rest of this filer’s statement.

gross profit bridgeinconsistent2023-06-30

Withheld: cost revenue, revenue could not be reconciled with the rest of this filer’s statement.

balance equationinconsistent2023-06-30

Withheld: assets, equity, liabilities could not be reconciled with the rest of this filer’s statement.