Financial Institutions, Inc. (FISI) Fair Value 2026

FISI · Banks - Regional ·

By CirclFi Research Team · Data from SEC EDGAR, FRED & GDELT

Quality Score

8.0 /10

32 fundamental signals · 6 models active

Value Trap Risk

SAFE (12/100)

Quick Summary — As of 2026-08-28, Financial Institutions, Inc. (FISI) trades at $40.96, versus a $32.42 median fair value across its 6 active models — 20.8% below the current price. QOC: 8.0/10. Value Trap Risk: 12/100 (SAFE). 6/13 models active.

Key Facts

Ticker
FISI
Price
$40.96
Quality Score
8.0/10
Value Trap Risk
12/100
Models Active
6/13
Last Updated
Strength: 6 independent models provide multi-angle coverage
Risk: Majority of models suggest overvaluation

Is Financial Institutions, Inc. (FISI) Undervalued or Overvalued in 2026?

According to CirclFi’s 6-model valuation engine, Financial Institutions, Inc. (FISI) appears overvalued as of : the median of 6 independent fair value estimates is $32.42, 20.8% below the current price of $40.96. Estimates range from $20.63 to $53.00. FISI scores 8.0/10 on fundamental quality and 12/100 on value-trap risk.

For context, the median US equity CirclFi rates trades at an implied -23.4% versus its own 13-model consensus, across 3,809 rated companies as of 2026-08-28. FISI’s -20.8% gap is narrower than that market norm, and the Banks - Regional sector median is -22.5%. Full market index →

This verdict compares price to intrinsic value only — it is not a buy or sell rating. For the decision case (bull vs bear arguments, risk factors, peers), read Should You Buy Financial Institutions, Inc. Stock in 2026? →

What Fair Value Does Each Model Give FISI?

6 Intrinsic Value Models vs. Current Price ($40.96)

Core Models (Unlocked)
Model Fair Value Upside
Intrinsic · High Conviction
 $20.63 -49.6%
Ensemble · Medium Conviction
 $30.15 -26.4%
Intrinsic · High Conviction
 $20.77 -49.3%
Unlock the Full Matrix

Access 3 additional models including ML-RIV, Regime Cross-Sectional, and more.

$1.30 / day

Billed monthly ($39/mo) or annually ($299/yr)

Unlock All 6 Models →

Cancel anytime · No contracts · Instant access

What Is FISI's Fair Value Range?

Spread across 6 independent models · $20.63 to $53.00

CirclFi's 6 active models place Financial Institutions, Inc. (FISI) between $20.63 and $53.00 per share, a spread of 100% of the median. The median of that range — $32.42 — is the fair value CirclFi publishes for FISI, against a current price of $40.96.

Low · EPVHigh · Regime Cross
$20.63median $32.42$53.00
Where the range comes from
Most bearish modelEarnings Power Value (EPV)$20.63
Most bullish modelRegime Cross-Sectional$53.00
Model agreement1 bullish · 4 bearishmoderate

A band of this width is typical. The methods agree on direction but weight growth, reinvestment and risk differently, so treat the median as a centre of gravity rather than a precise target.

Every figure above is one model's standalone output on FISI, not a CirclFi price target. How each model works →

What Is Financial Institutions, Inc. (FISI) Worth in 2026?

According to the CirclFi Deep Alpha Valuation Engine, the balance of valuation evidence tilts cautious on Financial Institutions, Inc. at its current price of $40.96. The median intrinsic value is estimated at $32.42 (-20.8% vs price), with 4 models flagging overvaluation risk. Model dispersion is worth noting: Regime Cross targets $53.00 (+29.4%), versus EPV at $20.63 (-49.6%). This +79.0% range highlights the importance of multi-model analysis rather than relying on any single methodology.

What Do the Models Say About FISI?

6 of 13 models are currently active for FISI. Of these, 1 model suggests upside while 5 models suggest overvaluation. Taken together, their median fair value for FISI is $32.42 — the figure CirclFi publishes as this stock's fair value. See which stocks rank higher →

How Does FISI Rank in Banks - Regional?

Among 352 Banks - Regional stocks, FISI ranks #182 by Quality of Company score. CirclFi's QOC score of 8.0/10 evaluates 32 fundamental signals. A score of 8.0 indicates above-average quality.

See all Most Undervalued Banks - Regional Stocks →

Within the Banks - Regional space, Financial Institutions, Inc. competes in an environment where return on tangible equity often separates market leaders from laggards. Understanding these industry-specific dynamics is essential context for interpreting our model outputs.

Is FISI a Value Trap?

CirclFi's Value Trap algorithm assigns FISI a score of 12/100 (SAFE). This indicates minimal risk. Fundamentals are healthy. The score cross-references apparent undervaluation against fundamental deterioration signals. Browse lowest value-trap stocks →

Multi-Model Methodology

6 of 13 models are active for Financial Institutions, Inc.. Moderate coverage provides meaningful perspective. Each model applies a fundamentally different valuation philosophy. See the complete methodology →

According to the CirclFi Quality of Company (QOC) framework, which evaluates 32 signals including margin stability, revenue growth trajectory, leverage, and free cash flow generation, Financial Institutions, Inc. is rated at 8.0/10. This strong-tier score demonstrates strong fundamentals across the majority of our quality signals.

The gap between the most bullish and bearish model spans +79.0% — demonstrating why single-model analysis is dangerous. Browse all stocks with 13-model coverage →

Data Sources & Confidence

Every FISI valuation is built from SEC EDGAR XBRL filings — 700+ standardized financial tags. Macroeconomic context from FRED calibrates discount rates, while GDELT news sentiment feeds into our Sentiment SOTP model. All pipelines run daily. Read the complete data methodology →

Across FISI's 6 active models, average confidence is 44%. Lower confidence may reflect limited history or high volatility.

CirclFi's output is a research starting point, not a buy/sell signal. All data updates daily. Read the full methodology →

This analysis is produced by the CirclFi Valuation Engine using quantitative models applied to SEC EDGAR filings, public market feeds, and FRED macroeconomic indicators. It is not financial advice.

Read the full investment analysis: Should You Buy Financial Institutions, Inc. Stock in 2026? →

Bull case, bear case, risk factors & peer comparison — updated daily

Which Similar Banks - Regional Stocks Should You Also Analyze?

11 related Banks - Regional stocks with 13-model coverage

RMBIRichmond Mutual Bancorporation, Inc.QOC 8.0ENBPENB Financial CorpQOC 8.0CZFSCitizens Financial Services, Inc.QOC 8.0BUSEFirst Busey CorporationQOC 7.9HWCHancock Whitney CorporationQOC 8.0THFFFirst Financial CorporationQOC 7.9OCFCOceanFirst Financial Corp.QOC 7.4FBPFirst BanCorp.QOC 8.9QCRHQCR Holdings, Inc.QOC 8.4STBAS&T Bancorp, Inc.QOC 9.3ESQEsquire Financial Holdings, Inc.QOC 9.1

Read investment analysis: RMBI · ENBP · CZFS · BUSE · HWC · THFF · OCFC · FBP · QCRH · STBA · ESQ

Which Other Stocks Have a Similar Quality Score to FISI?

7 companies across all industries closest to FISI’s Quality of Company score of 8.0/10.

SNXTD SYNNEX CorporationQOC 8.0KMBKimberly-Clark CorporationQOC 8.0USACUSA Compression Partners, LPQOC 8.0UGIUGI CorporationQOC 8.0MKCMcCormick & Company, IncorporatedQOC 8.0EGHT8x8, Inc.QOC 8.0NVDANVIDIA CorporationQOC 10.0

Read investment analysis: SNX · KMB · USAC · UGI · MKC · EGHT · NVDA

Where Does FISI Sit in CirclFi's Banks - Regional Rankings?

FISI is ranked against every other Banks - Regional stock CirclFi covers in each of these screens.

See all Banks - Regional stocks ranked →

What Else Do Investors Ask About Financial Institutions, Inc.’s Valuation?

What is Financial Institutions, Inc.'s intrinsic value in 2026?

CirclFi puts Financial Institutions, Inc. (FISI)'s intrinsic value at $32.42 — the median of 6 independent model estimates as of 2026-08-28, ranging from $20.63 to $53.00. The Quality of Company score is 8.0/10 across 32 fundamental signals. All models use SEC EDGAR filings updated daily. See our methodology page for how each model works.

Is FISI overvalued or undervalued right now?

At $40.96, 1 of 6 active models suggest FISI may be undervalued, while 5 indicate potential overvaluation. The median of all 6 fair value estimates is $32.42, 20.8% below the current price of $40.96 — a consensus view that FISI is overvalued. The assessment depends on which methodology best fits Financial Institutions, Inc.'s business model in Banks - Regional.

What does a Quality of Company score of 8.0 mean for FISI?

Financial Institutions, Inc.'s QOC of 8.0/10 reflects 32 fundamental signals: profitability margins, revenue growth consistency, balance sheet leverage, free cash flow generation, and capital allocation efficiency. Scores above 7 indicate strong fundamentals and disciplined management.

How many valuation models does CirclFi run on FISI?

CirclFi analyzes FISI with 13 institutional-grade models daily: Bayesian DCF (Monte Carlo + jump-diffusion), EPV (Greenwald zero-growth), EROIC Spread (McKinsey reinvestment), First Chicago (3-scenario), Markov DDM (regime-switching), ML-RIV (machine learning residual income), Dynamic NAV (asset-based), PWERM (option-theoretic), Regime Cross-Sectional (relative), Sentiment SOTP (hybrid), CUCE Ensemble (meta-model), FTNN Topology (neural network), and RCMH-DCF (conditional regime). Currently 6 of 13 are active for this stock. Read the full methodology →

Which valuation models are most bullish and most bearish on FISI?

Of the 6 models currently active on FISI, Regime Cross-Sectional is the most bullish at $53.00 per share, and Earnings Power Value (EPV) is the most bearish at $20.63. CirclFi's published fair value for FISI is the median of that range, $32.42, not either extreme. The gap between the two ends equals 100% of the median — a normal spread for a company of this profile. Browse stocks by value-trap risk →

Is FISI a value trap in 2026?

Financial Institutions, Inc.'s Value Trap score is 12/100 (SAFE). This low score indicates the current valuation is not artificially depressed by fundamental deterioration, suggesting genuine opportunity rather than a trap.

Cite this analysis — “According to CirclFi’s 6-model valuation engine, Financial Institutions, Inc. (FISI) has a median fair value of $32.42 — 20.8% below the current price of $40.96 — as of 2026-08-28.” Source: circlfi.com/stock/FISI/ · Methodology
Primary sources for this FISI valuation
  • Financial statements: Financial Institutions, Inc. 10-K and 10-Q filings on SEC EDGAR (CIK 0000862831) — 700+ standardized XBRL tags, published by the U.S. Securities and Exchange Commission.
  • Discount-rate inputs: FRED, Federal Reserve Bank of St. Louis — risk-free rates, VIX, yield curve, inflation.
  • News sentiment: The GDELT Project — global media tone, input to the Sentiment SOTP model.
  • Model definitions: CirclFi methodology — the published specification for all 13 models, including the academic sources each one implements.

Market data for FISI as of ; valuations recomputed .

You’ve done the research. Don’t stop at half the picture.

Stop collecting opinions. Let 6 mathematical frameworks give you clarity on FISI.

Unlock All 6 Fair Values — $39/mo

Cancel anytime · Less than a cup of coffee · Instant access

3 models hidden for FISI Unlock All 6 — $39/mo