The indicator system of territorial financial stability evaluation is one kind of financial risks prewarning system. On the basis of collecting the relative data and prudence analysis, the paper finds out that it is an information analysis system about financial risk and its changing trend by reviewing the development of territorial macro-economy and financial institutions. Taking Hubei province as an example, the paper analyzes the principle and contents of building the indicator system of territorial financial stability evaluation from five aspects, such as theoretical basis, target requirement, composition, analysis method and some issues for further completing the indicator system.