Financial Institutions (FISI) vs Independent Bank (IBCP)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 8, 2026.
Summary
Financial Institutions (FISI) has outperformed Independent Bank (IBCP) over the past year, gaining 41.6% versus a gain of 13.6%. Over five years, IBCP leads with a +62.0% price change compared with +22.4% for FISI. Financial Institutions is the larger company by market cap ($760.3 million vs $729.3 million), about 1.0 times the size.
On valuation, Financial Institutions trades at a lower forward P/E (9.0x vs 9.1x for Independent Bank). Financial Institutions offers the higher dividend yield (3.27% vs 3.05%).
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | FISI | IBCP |
|---|---|---|
| Share price | $38.58 | $35.40 |
| Market cap | $760.27M | $729.33M |
| 1-day change | -0.34% | -0.42% |
| YTD return | +24.19% | +9.28% |
| 1-year return | +41.59% | +13.58% |
| 5-year return | +22.38% | +62.03% |
| P/E ratio (TTM) | 9.57 | 10.26 |
| Forward P/E | 8.97 | 9.13 |
| EPS (TTM) | $4.03 | $3.45 |
| Dividend yield | 3.27% | 3.05% |
| Annual dividend | $1.26 | $1.08 |
| 52-week high | $42.97 | $39.24 |
| 52-week low | $25.61 | $29.83 |
| Distance from 52-week high | -10.22% | -9.79% |
| Analyst consensus | none | buy |
| Avg. price target upside | +16.64% | +13.56% |
| Average volume | 144.41K | 195.49K |
| Shares outstanding | 19.71M | 20.60M |
| Employees | 631 | 735 |
| Sector | Finance | Finance |
| Industry | Major Banks | Major Banks |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- FISI has outperformed IBCP by 28.0 percentage points over the past year.
About Financial Institutions
FISI stock →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.
Finance · Major Banks · 631 employees
About Independent Bank
IBCP stock →Independent Bank Corporation operates as the bank holding company for Independent Bank that provides banking services in the United States. The company offers demand deposits, interest checking, money market accounts, savings accounts, and time certificates of deposit, including free checking accounts.
Finance · Major Banks · 735 employees
FISI vs IBCP FAQ
Which is bigger, Financial Institutions or Independent Bank?
Financial Institutions (FISI) is larger, with a market capitalization of $760.27M compared with $729.33M for Independent Bank (IBCP).
Which stock has performed better over the past year, FISI or IBCP?
FISI returned +41.59% over the past 12 months, compared with +13.58% for IBCP (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, FISI or IBCP?
FISI has the lower trailing P/E at 9.6, versus 10.3 for IBCP. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.
Which pays a higher dividend, Financial Institutions or Independent Bank?
Financial Institutions has the higher yield at 3.27%, compared with 3.05% for Independent Bank.
Are Financial Institutions and Independent Bank in the same industry?
Yes. Both are classified in the Major Banks industry within the Finance sector.