Is FINANCIAL INSTITUTIONS INC (FISI) Halal?

NASDAQ Financial Services United States $622M
✗ NOT HALAL
Confidence: 95/100
FINANCIAL INSTITUTIONS INC (FISI) is Not Halal under AAOIFI Standard 21 due to its classification in the Banks - Regional industry, which is excluded under Shariah screening. Companies operating in prohibited sectors such as conventional banking, insurance, alcohol, tobacco, and gambling are automatically excluded regardless of their financial ratios.

Shariah Screening — 5 Standards

Based on financial data from December 2025

Standard Debt Ratio Cash Ratio Receivables Income Status
AAOIFI Excluded — Banks - Regional ✗ NOT HALAL
DJIM Excluded — Banks - Regional ✗ NOT HALAL
MSCI Excluded — Banks - Regional ✗ NOT HALAL
S&P Excluded — Banks - Regional ✗ NOT HALAL
FTSE Excluded — Banks - Regional ✗ NOT HALAL

Financial Highlights

P/E Ratio
8.6
Forward: 7.4
EPS
$3.61
Dividend Yield
405.0%
Payout: 34.4%
P/B Ratio
1.0
Revenue
$244M
Beta
0.7
Low volatility

Profitability

Gross Margin 0.0%
Operating Margin 41.2%
Net Margin 32.1%
Return on Equity (ROE) 12.5%
Return on Assets (ROA) 1.2%

Cash Flow & Balance Sheet

Operating Cash Flow$19M
Free Cash Flow$13M
Total Debt$334M
Total Assets$6.3B

Price & Trading

Last Close$31.23
50-Day MA$32.34
200-Day MA$29.11
Avg Volume165K
Beta0.7
52-Week Range
$20.97
$35.47

About FINANCIAL INSTITUTIONS INC (FISI)

CEO
Mr. Martin K. Birmingham
Employees
631
Sector
Financial Services
Industry
Banks - Regional
Country
United States
Exchange
NASDAQ
Market Cap
$622M
Currency
USD

Financial Institutions, Inc., through its subsidiaries, provides banking and financial services to consumer, commercial, and municipal customers in New York. The company provides checking and savings account programs, including money market accounts, certificates of deposit, sweep investments, and individual retirement and other qualified plan accounts, as well as NOW accounts. It also offers commercial loan products including term loans and lines of credit; short and medium-term commercial loans for working capital, business expansion, and purchase of equipment; commercial business loans; commercial mortgage loans; one-to-four family residential mortgage loans; home improvement loans, closed-end home equity loans, and home equity lines of credit; and consumer loans, such as automobile, secured installment, and other secured and unsecured personal loans, as well as recreational vehicle, boat, personal loans, and deposit account collateralized loans. In addition, it offers investment advisory, wealth management, investment consulting, and retirement plan services, as well as operates a real estate investment trust that holds residential mortgages and commercial real estate loans. Financial Institutions, Inc. was founded in 1817 and is headquartered in Warsaw, New York.

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Frequently Asked Questions

Is FINANCIAL INSTITUTIONS INC (FISI) halal to invest in?

Based on our screening using AAOIFI Standard 21 (the strictest methodology), FINANCIAL INSTITUTIONS INC is Not Halal. The company fails one or more screening criteria. We screen against all 5 major standards: AAOIFI, DJIM, MSCI, S&P, and FTSE.

What is FINANCIAL INSTITUTIONS INC's debt ratio?

FINANCIAL INSTITUTIONS INC's debt ratio is not available under the AAOIFI standard (which uses market capitalization as the denominator). The AAOIFI threshold is 30%.

What are FINANCIAL INSTITUTIONS INC's key financial metrics?

FINANCIAL INSTITUTIONS INC has a market capitalization of $622M, trailing P/E ratio of 8.6, and revenue of $244M. Return on equity stands at 12.5%.

How often is the screening data updated?

Our screening data is updated regularly using the latest available financial statements and market data. Stock prices and market caps are refreshed frequently, while financial statements are updated quarterly when companies report earnings.

Disclaimer: HalalStockGuide.com provides Shariah compliance screening for educational and informational purposes only. This is not a fatwa, financial advice, or a recommendation to buy or sell any security. Screening results are based on publicly available financial data and established methodologies. Always consult a qualified Islamic scholar and a licensed financial advisor before making investment decisions.