KBW Keeps Their Buy Rating on Financial Institutions (FISI)

KBW analyst Damon Delmonte maintained a Buy rating on Financial Institutions today and set a price target of $39.00.

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According to TipRanks, Delmonte is a 5-star analyst with an average return of 17.5% and an 81.22% success rate. Delmonte covers the Financial sector, focusing on stocks such as Financial Institutions, First Business Financial, and QCR Holdings.

Financial Institutions has an analyst consensus of Moderate Buy, with a price target consensus of $37.50.

Based on Financial Institutions’ latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $96.56 million and a net profit of $19.98 million. In comparison, last year the company had a GAAP net loss of $82.81 million

Based on the recent corporate insider activity of 24 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of FISI in relation to earlier this year. Last month, William Jack II Plants, the CFO of FISI bought 660.00 shares for a total of $19,872.60.