Value
9.2/10data confidence 67%| Component | Sub-score |
|---|---|
| P/E | 9.0 |
| P/S | 8.1 |
| Fwd P/E | 9.4 |
| PEG | 10.0 |
- ▸Forward P/E: 9.3x
- ▸PEG: 0.33
- ▸Attractively valued
FISI · Why this verdict
Why Financial Institutions (FISI) is rated HOLD
Updated
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results.
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VerdictHOLD
Overall score6.1/10
ConfidenceMEDIUM
MacroNEUTRAL
Thesis pillars
| Pillar | Expectation | Trend |
|---|---|---|
The stock screens attractively valued with a PEG ratio of 0.33 and a stated 32% margin of safety, despite trading near its target and 52-week high. Valuation breakdown | PEG ratio should stay below 0.8 and margin of safety should remain above 15% over the next 12 months. | →Stable |
| CounterA margin-of-safety estimate can compress quickly if the bank's earnings growth decelerates from the current pace. | ||
FISI has beaten earnings for 4 consecutive quarters with a 7.39% average surprise, and the engine flags a CATALYST edge ahead of earnings in 19 days. Earnings | The beat streak should extend to a 5th consecutive quarter at the July 23, 2026 report. | →Stable |
| CounterA perfect 4-quarter beat streak raises expectations, and any in-line or miss result could disappoint given how much is already priced in. | ||
The stock has reached its target with -16.1% remaining upside, causing the V9 asymmetry gate to fail at -1.82. Engine gate (failed) | The asymmetry ratio should turn positive, above 0, over the next 12 months as either price consolidates or the target is raised. | →Stable |
| CounterA raised price target following continued earnings beats could quickly restore positive asymmetry without any price pullback. | ||
The setup is classified as a BREAKOUT with a golden cross, price above all moving averages, and bullish MACD at RSI 63. Chart pattern detection | Price should hold above all key moving averages over the next 12 months, sustaining the breakout structure. | →Stable |
| CounterBreakout setups near 52-week highs with a failed asymmetry gate are prone to reversal once momentum buyers are exhausted. | ||
The bank maintains strong operating margins (33%), a quality strength cited in the score_details notes. Quality breakdown | Operating margins should hold at or above 30% over the next 12 months. | →Stable |
| CounterRegional bank margins are sensitive to net interest margin compression if rates move unfavorably, which could erode this strength faster than expected. | ||
The stock screens attractively valued with a PEG ratio of 0.33 and a stated 32% margin of safety, despite trading near its target and 52-week high.
→StableValuation breakdown
- Expectation
- PEG ratio should stay below 0.8 and margin of safety should remain above 15% over the next 12 months.
CounterA margin-of-safety estimate can compress quickly if the bank's earnings growth decelerates from the current pace.
FISI has beaten earnings for 4 consecutive quarters with a 7.39% average surprise, and the engine flags a CATALYST edge ahead of earnings in 19 days.
→StableEarnings
- Expectation
- The beat streak should extend to a 5th consecutive quarter at the July 23, 2026 report.
CounterA perfect 4-quarter beat streak raises expectations, and any in-line or miss result could disappoint given how much is already priced in.
The stock has reached its target with -16.1% remaining upside, causing the V9 asymmetry gate to fail at -1.82.
→StableEngine gate (failed)
- Expectation
- The asymmetry ratio should turn positive, above 0, over the next 12 months as either price consolidates or the target is raised.
CounterA raised price target following continued earnings beats could quickly restore positive asymmetry without any price pullback.
The setup is classified as a BREAKOUT with a golden cross, price above all moving averages, and bullish MACD at RSI 63.
→StableChart pattern detection
- Expectation
- Price should hold above all key moving averages over the next 12 months, sustaining the breakout structure.
CounterBreakout setups near 52-week highs with a failed asymmetry gate are prone to reversal once momentum buyers are exhausted.
The bank maintains strong operating margins (33%), a quality strength cited in the score_details notes.
→StableQuality breakdown
- Expectation
- Operating margins should hold at or above 30% over the next 12 months.
CounterRegional bank margins are sensitive to net interest margin compression if rates move unfavorably, which could erode this strength faster than expected.
TrendMatrix Research · core thesis
Engine thesis — one sentence
FISI carries a perfect 4-quarter earnings beat streak, attractive PEG valuation, and a 32% margin of safety within a breakout technical setup, but has already reached its price target, causing a negative asymmetry gate failure.
Falsifiable statement — pillar-level invalidators below. Engine-derived; not personalized advice.
Per-dimension breakdown
Quality
5.4/10data confidence 100%| Component | Sub-score |
|---|---|
| ROE | 4.3 |
| ROA | 0.8 |
| Gross margin | 0.0 |
| Op margin | 10.0 |
| Net margin | 10.0 |
| Moat | 5.9 |
| Piotroski F | 6.7 |
- ▸Strong margins: 33%
Growth
6.5/10data confidence 67%| Component | Sub-score |
|---|---|
| Rev growth | 5.3 |
| EPS growth | 7.7 |
Momentum
2.9/10data confidence 100%| Component | Sub-score |
|---|---|
| RSI | 5.5 |
| MACD | 1.0 |
| OBV | 1.0 |
| MA position | 6.0 |
| Volume | 1.2 |
- ▸Volume distribution (falling OBV)
- ▸Above 200-day MA
Sentiment
5.1/10data confidence 100%| Component | Sub-score |
|---|---|
| Analyst rating | 5.0 |
| Price target | 5.3 |
| erm sentiment | 5.0 |
Insider
4.7/10data confidence 50%| Component | Sub-score |
|---|---|
| materiality | 5.0 |
| holder change | 4.3 |
- ▸No net insider activity — $0 (0.000% of mkt cap)
Peer rank
6.3/10data confidence 80%| Component | Sub-score |
|---|---|
| value rank | 8.5 |
| quality rank | 7.0 |
| growth rank | 4.5 |
- ▸Attractive P/E vs peers
Technical
7.4/10data confidence 100%| Component | Sub-score |
|---|---|
| bollinger | 6.6 |
| support resistance | 6.8 |
| 52w position | 8.7 |
Risk (lower is worse)
6.7/10data confidence 100%| Component | Sub-score |
|---|---|
| short interest | 8.6 |
| days to cover | 6.0 |
| volatility | 6.2 |
| implied vol | 3.5 |
| beta | 9.1 |
- ▸Concentration risks: 1 HIGH, 1 MED (10-K Item 1A — sized via position_sizing, validated via buy_confidence)
Catalyst
6.3/10data confidence 100%| Component | Sub-score |
|---|---|
| erm | 5.0 |
| earnings history | 10.0 |
| earnings timing | 5.0 |
| surprise avg | 6.2 |
| dividend safety | 5.5 |
- ▸Perfect beat streak: 4Q
- ▸Dividend: 3.2%
How the verdict was assembled
Engine trigger
Maintain position. Not compelling to add more.
Engine technical detail
verdict_path:
L4:PATH_F_HOLDPassed (6)
- INSIDER:OK
- 8K:CLEAN
- NEWS_EVENTS:NONE_RECENT
- EARNINGS_PROXIMITY:16d clear
- SEMI_CYCLE_PEAK:CLEAR
- MATERIALS_CYCLE_PEAK:CLEAR
Failed (2)
- MOMENTUM:2.9<4.5
- ASYMMETRY:-2.6=NEGATIVE
Warning (0)
none
Reward-to-Risk
-2.57
Upside
-13.1%
Downside
5.1%
Sizing output
AVOID
SetupRange Bound — RSI 54 mid-range, Bollinger mid-band
EdgeCatalyst-Driven — Earnings in 16d with 4/4 beat streak
SuitabilityAggressive — MCap $0.8B<$5B
Investment implication
None of the engine's positive-conviction paths (C-quality, D-momentum) triggered — the F-path HOLD reflects balanced signals. Strongest-cleared gate: INSIDER:OK. Top dim: Value at 9.2; weakest: Momentum at 2.9. No conviction either direction.
The strongest dimensions are Value at 9.2, Technical at 7.4, and Risk (lower is worse) at 6.7; the weakest are Momentum at 2.9, Insider at 4.7, and Sentiment at 5.1. The V9 engine flagged 2 failed gates, producing an asymmetric reward-to-risk of -2.57 and an engine sizing output of AVOID.
What would invalidate the thesis
Falsifying conditions — when triggered, the corresponding pillar's thesis is invalidated.
- P1Earnings Beat Streak Catalyst
Trip ifEarnings surprise falls below 0% (a miss) at the July 23, 2026 report, breaking the 4-quarter beat streak.
- P2Target Reached Negative Asymmetry
Trip ifAsymmetry ratio rises above 0, clearing the current -1.82 gate failure.
- P3Attractive Valuation With Margin Of Safety
Trip ifMargin of safety falls below 15%, down from the current 32%.
- P4Breakout Technical Setup
Trip ifPrice falls below the 50-day moving average, breaking the current golden-cross breakout structure.
- P5Strong Margin Quality
Trip ifOperating margin falls below 25%, down from the current 33%.