Loading
Financial Institutions Inc Stock: price and insider trades · United States
1 insider bought €21k of shares over the last 90 days, the latest by Zupan Mark, filed 03 Sept 2026.
Financial Institutions Inc: what insiders have been doing
This page follows insider dealings at Financial Institutions Inc as filed with SEC (Form 4), a company from the Finance & Banking sector. The last twelve months, up to 21 October 2026, brought 31 filings signed by 20 insiders.
Every open-market trade in the period is a purchase: 2 purchases worth €39k, from 2 insiders, and not a single sale. Open-market purchases are the filings investors watch most closely, because the insider pays for the shares out of pocket. The buyers include 1 finance chief and 1 senior executive. One trade stands out by size: a purchase of €21k from Zupan Mark, disclosed on 3 September 2026, or 0.0031% of market capitalisation.
With 31 filings in twelve months, the company is more active than the median of 19 filings across the 5,813 companies we follow on the same exchange. Since 2016, the database holds 34 purchases and 1 sale by insiders of the company. On the fundamentals side, the SEC filing (10-K) for the period ending 31 December 2025 lists net income at 74.9 m USD; the dividend was 1.24 USD per share.
The last purchase on record was published on 3 September 2026, which is 47 days ago. Filings reach the SEC (Form 4) feed a median of 1 day after the trade. The legal deadline for a Form 4 is two business days after the transaction.
For comparison within the same sector, see the insider buying recorded at First Guaranty Bancshares, Inc. and BCB Bancorp Inc. These figures are compiled from regulatory filings published by SEC (Form 4). They describe what insiders did and are not a recommendation.
Insider Decl.
193
Thresholds
n/a
Buy Volume
€1M
34 ops. · all time
Sell Volume
n/a
1 ops. · all time
Who traded when
BuySaleMark Zupan2 buys
William Jack Plants II2 buys
ANDREW W. DORN Jr.1 buy
Donald Boswell1 buy
Gary A. Pacos1 buy
Kevin B. Quinn1 buy
+9 other insiders
Since the insiders bought
- -4.3%Entry US$41.16 · Close 16 Oct 2026 US$39.38
- +25.6%Entry US$30.25 · Close at T+90 US$37.98
- +18.7%Entry US$15.90 · Close at T+365 US$18.87
Entry is the close on the day after publication, the first price a reader could act on. Prices in the listing currency. Past moves are not a forecast.
Analyst consensus: bullish or bearish?
Analysts rate Financial Institutions Inc Buy (bullish), based on 2 analysts. Average price target: US$45.00.
This score ranks the purchase within its own market. A position size is suggested only on the venues of the backtested strategy universe; elsewhere, signals stay on watch. Not investment advice.
Fundamental score
Ranked 2,295 of 26,279 companies
75.2
score / 100
Value67
Quality83
FCF yld1.7%
Earn yld9.5%
EV/EBITDA·
ROE13%
Gross mgn·
Net mgn31%
Debt/EBITDA·
Pillars2/3
Transparent value + quality ranking, distinct from the insider signal.
Financial data
as of FY 2025FY ended December 2025 · cache
US$39.27
Analyst consensus
2 analystsBuy
US$45.00Target US$45.00(+15%)US$45.00
Income statement
RevenueUS$243.5M
Net incomeUS$74.9M33.9% margin
Valuation
PER (trailing)9.7x
PER (forward)9.1x
P/Book1.2x
Beta0.64
Balance sheet & cash
Market capUS$773.9M
Total debtUS$334.2M
Free Cash FlowUS$13.3M
Profitability & ownership
ROE13.3%
ROA1.3%
% insiders2.6%
% institutions81.2%
Last declaration on 28 September 2026
Declarations193 total
1,000 shares0Common StockSEC:0001193125-26-405314:0
360 shares@ US$40.230.0018% mcap100.0% of flowCommon StockSEC:0001193125-26-405314:1
608 shares@ US$40.77210.0031% mcap16.8% of flowCommon StockSEC:0001193125-26-381871:0
Canonical exit: 1 Dec 2026 (T+90)
313 shares@ US$35.100.0015% mcap11.3% of flowCommon StockSEC:0001723300-26-000002:1
925 shares@ US$35.100.0045% mcap54.1% of flowCommon StockSEC:0001188732-26-000002:1
391 shares@ US$35.100.0019% mcap100.0% of flowCommon StockSEC:0001746639-26-000008:1
391 shares@ US$35.100.0019% mcap100.0% of flowCommon StockSEC:0001991206-26-000004:1
1,282 shares0Common StockSEC:0001991206-26-000004:0
1,282 shares0Common StockSEC:0001723300-26-000002:0
1,282 shares0Common StockSEC:0001221249-26-000002:0
1,282 shares0Common StockSEC:0001188732-26-000002:0
1,282 shares0Common StockSEC:0001211177-26-000002:0
1,282 shares0Common StockSEC:0001310930-26-000002:0
1,282 shares0Common StockSEC:0001319732-26-000002:0
1,282 shares0Common StockSEC:0001607421-26-000002:0
1,282 shares0Common StockSEC:0001676441-26-000002:0
1,282 shares0Common StockSEC:0001746639-26-000008:0
1,282 shares0Common StockSEC:0001782792-26-000002:0
1,282 shares0Common StockSEC:0001945088-26-000002:0
2,898 sharesCommon StockSEC:0001193125-26-119711:0
2,302 sharesCommon StockSEC:0001193125-26-119710:0
2,684 sharesCommon StockSEC:0001193125-26-119709:0
690 sharesCommon StockSEC:0001193125-26-119708:0
2,416 sharesCommon StockSEC:0001193125-26-119706:0
10,672 sharesCommon StockSEC:0001193125-26-119704:0
25 of 193 declarations
About Financial Institutions Inc
Financial Institutions, Inc. (ticker: FISI) is a United States-based financial holding company listed on the NASDAQ market and headquartered in Warsaw, New York. The group is best understood as a regional banking franchise anchored by its wholly owned bank subsidiary, Five Star Bank, alongside Courier Capital, an SEC-registered investment advisory and wealth-management firm. The company traces its roots back to 1817, while the holding-company structure itself was organized under New York law in 1931, giving it a long operating history in community and regional banking. ([sec.gov](https://www.sec.gov/Archives/edgar/data/862831/000095017025037918/fisi-20241231.htm?utm_source=openai))
Operationally, Financial Institutions, Inc. offers a broad but fairly standard mix of banking and financial services tailored to consumers, small and mid-sized businesses, and municipal clients. Through Five Star Bank, it provides deposit products such as checking and savings accounts, money market accounts, certificates of deposit, and other transaction accounts, as well as commercial lending, commercial real estate lending, residential mortgages, home-equity products, and consumer loans. Courier Capital adds fee-based wealth-management, investment advisory, consulting, and retirement-plan services. In April 2024, the company sold the assets of its insurance subsidiary, SDN Insurance Agency, effectively narrowing the portfolio toward core banking and wealth-management activities. ([sec.gov](https://www.sec.gov/Archives/edgar/data/862831/000095017025037918/fisi-20241231.htm?utm_source=openai))
Read moreShow less
From a competitive standpoint, FISI occupies a regional niche rather than a national scale platform. Its strength lies in local relationship banking, credit underwriting built around its core markets, and cross-selling between banking and advisory services. The company’s historic footprint is concentrated in Western and Central New York, with lending reach that has at times extended into adjacent markets. That regional specialization can support customer stickiness and pricing discipline, but it also leaves the bank exposed to competition from larger U.S. banks, better-capitalized regional peers, and digital financial platforms that continue to pressure deposit gathering and fee income. ([sec.gov](https://www.sec.gov/Archives/edgar/data/862831/000095017024030754/fisi-20231231.htm?utm_source=openai))
Recent developments suggest management has been actively simplifying the business mix and reinforcing balance-sheet discipline. In 2024, Financial Institutions, Inc. completed the sale of SDN’s insurance assets and later announced an orderly wind-down of its Banking-as-a-Service offerings, indicating a more conservative stance toward non-core or higher-risk activities. In 2025 and early 2026, the company reported full-year results, declared cash dividends, and used proceeds from a subordinated debt issuance to redeem earlier debt. The board also disclosed in March 2026 that one director would not stand for re-election at the 2026 annual meeting. For investors, FISI remains a classic U.S. regional bank story: attractive for income orientation and local franchise quality, but still sensitive to credit conditions, interest-rate dynamics, funding costs, and execution on strategic simplification. ([sec.gov](https://www.sec.gov/Archives/edgar/data/862831/000095017025037918/fisi-20241231.htm?utm_source=openai))
Recent ranked signals in the same sector
Purchases our model currently ranks for the recommendations list.
All recommendations
