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Financial Services - Banks - Regional - NASDAQ - US
$ 33.14
-0.421 %
$ 3.46 B
Market Cap
14.54
P/E
1. INTRINSIC VALUE

First Interstate BancSystem, Inc. operates as the bank holding company for First Interstate Bank that provides range of banking products and services in the United States. It offers various traditional depository products, including checking, savings, and time deposits; and repurchase agreements primarily for commercial and municipal depositors. The company also offers real estate loans comprising commercial real estate, construction, residential, agricultural, and other real estate loans; consumer loans comprising direct personal loans, credit card loans and lines of credit, and indirect loans; variable and fixed rate commercial loans for small and medium-sized manufacturing, wholesale, retail, and service businesses for working capital needs and business expansions; and agricultural loans.[ Read More ]

The intrinsic value of one FIBK stock under the base case scenario is HIDDEN Compared to the current market price of 33.1 USD, First Interstate BancSystem, Inc. is HIDDEN

2. FUNDAMENTAL ANALYSIS

Price Chart FIBK

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FINANCIALS
1.03 B REVENUE
-7.23%
-5.1 M OPERATING INCOME
-1.36%
258 M NET INCOME
27.35%
428 M OPERATING CASH FLOW
-19.91%
1.25 B INVESTING CASH FLOW
232.08%
-1.97 B FINANCING CASH FLOW
-86.27%
46.4 M REVENUE
-87.27%
88.1 M OPERATING INCOME
-2.87%
55.5 M NET INCOME
-7.50%
87.6 M OPERATING CASH FLOW
6.57%
489 M INVESTING CASH FLOW
169.57%
-836 M FINANCING CASH FLOW
-1398.83%
Balance Sheet Decomposition First Interstate BancSystem, Inc.
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Current Assets 379 M
Cash & Short-Term Investments 379 M
Receivables 0
Other Current Assets 0
Non-Current Assets 29.9 B
Long-Term Investments 308 M
PP&E 444 M
Other Non-Current Assets 29.2 B
Current Liabilities 0
Accounts Payable 433 M
Short-Term Debt 2.6 B
Other Current Liabilities -3.04 B
Non-Current Liabilities 27.4 B
Long-Term Debt 283 M
Other Non-Current Liabilities 27.2 B
EFFICIENCY
Earnings Waterfall First Interstate BancSystem, Inc.
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Revenue 1.03 B
Cost Of Revenue 71.6 M
Gross Profit 954 M
Operating Expenses 657 M
Operating Income -5.1 M
Other Expenses -263 M
Net Income 258 M
RATIOS
93.02% GROSS MARGIN
93.02%
-0.50% OPERATING MARGIN
-0.50%
25.10% NET MARGIN
25.10%
7.98% ROE
7.98%
0.84% ROA
0.84%
-0.06% ROIC
-0.06%
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis First Interstate BancSystem, Inc.
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Net Income 258 M
Depreciation & Amortization 53.8 M
Capital Expenditures -28.2 M
Stock-Based Compensation 4.7 M
Change in Working Capital 36.3 M
Others 91.6 M
Free Cash Flow 400 M
3. WALL STREET ANALYSTS ESTIMATES
Wall Street Analysts Price Targets First Interstate BancSystem, Inc.
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Wall Street analysts predict an average 1-year price target for FIBK of $35 , with forecasts ranging from a low of $28 to a high of $38 .
FIBK Lowest Price Target Wall Street Target
28 USD -15.51%
FIBK Average Price Target Wall Street Target
35 USD 5.61%
FIBK Highest Price Target Wall Street Target
38 USD 14.67%
4. DIVIDEND ANALYSIS
1.55% DIVIDEND YIELD
0.47 USD DIVIDEND PER SHARE
5. COMPETITION
6. Ownership
Insider Ownership First Interstate BancSystem, Inc.
image
Sold
0-3 MONTHS
2.99 M USD 3
3-6 MONTHS
9.96 M USD 3
6-9 MONTHS
4.65 M USD 3
9-12 MONTHS
32.8 M USD 3
Bought
0 USD 0
0-3 MONTHS
348 K USD 1
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
Date Value Insider Amount Avg Price
5 days ago
Nov 12, 2024
Sell 745 K USD
Scott Jonathan R
director, 10 percent owner:
- 22050
33.8 USD
4 days ago
Nov 13, 2024
Sell 222 K USD
Scott Jonathan R
director, 10 percent owner:
- 6500
34.18 USD
1 week ago
Nov 08, 2024
Sell 663 K USD
SCOTT JULIE A
10 percent owner
- 20220
32.78 USD
5 days ago
Nov 12, 2024
Sell 745 K USD
SCOTT JULIE A
10 percent owner
- 22050
33.8 USD
1 week ago
Nov 06, 2024
Sell 103 K USD
SCOTT JULIE A
10 percent owner
- 3000
34.31 USD
1 week ago
Nov 07, 2024
Sell 496 K USD
SCOTT JULIE A
10 percent owner
- 15150
32.77 USD
2 months ago
Aug 23, 2024
Sell 16.8 K USD
HEYNEMAN JOHN M JR
director, 10 percent owner:
- 550
30.59 USD
3 months ago
Aug 01, 2024
Bought 115 K USD
RILEY KEVIN P
President & CEO
+ 3830
29.94 USD
3 months ago
Jul 31, 2024
Bought 216 K USD
RILEY KEVIN P
President & CEO
+ 6820
31.62 USD
3 months ago
Aug 01, 2024
Sell 218 K USD
RILEY KEVIN P
President & CEO
- 7300
29.81 USD
3 months ago
Aug 01, 2024
Bought 2.93 K USD
RILEY KEVIN P
President & CEO
+ 98
29.88 USD
3 months ago
Aug 01, 2024
Bought 4.37 K USD
RILEY KEVIN P
President & CEO
+ 146
29.9 USD
3 months ago
Aug 01, 2024
Bought 4.37 K USD
RILEY KEVIN P
President & CEO
+ 146
29.91 USD
3 months ago
Aug 01, 2024
Bought 3.23 K USD
RILEY KEVIN P
President & CEO
+ 108
29.88 USD
3 months ago
Aug 01, 2024
Bought 1.83 K USD
RILEY KEVIN P
President & CEO
+ 61
29.93 USD
3 months ago
Aug 01, 2024
Bought 687 USD
RILEY KEVIN P
President & CEO
+ 23
29.85 USD
3 months ago
Jul 30, 2024
Sell 632 K USD
Scott Jonathan R
director, 10 percent owner:
- 20000
31.6 USD
5 months ago
Jun 11, 2024
Sell 746 K USD
Scott Jonathan R
director, 10 percent owner:
- 29499
25.29 USD
5 months ago
Jun 12, 2024
Sell 376 K USD
Scott Jonathan R
director, 10 percent owner:
- 14403
26.14 USD
5 months ago
Jun 11, 2024
Sell 5.31 M USD
SCOTT JULIE A
10 percent owner
- 209831
25.29 USD
5 months ago
Jun 12, 2024
Sell 2.68 M USD
SCOTT JULIE A
10 percent owner
- 102430
26.14 USD
6 months ago
May 14, 2024
Sell 3.03 M USD
SCOTT JULIE A
10 percent owner
- 110000
27.55 USD
6 months ago
May 14, 2024
Sell 744 K USD
SCOTT JULIE A
10 percent owner
- 27000
27.55 USD
6 months ago
May 14, 2024
Sell 744 K USD
SCOTT JULIE A
10 percent owner
- 27000
27.55 USD
8 months ago
Mar 07, 2024
Sell 77.6 K USD
KNIERIEM KARLYN M
EVP, Chief Risk Officer
- 2900
26.76 USD
8 months ago
Mar 06, 2024
Sell 50 K USD
Asker Lorrie F
Chief Banking Officer
- 1921
26.05 USD
9 months ago
Feb 07, 2024
Sell 70 K USD
Robbins Kristina
EVP, Chief Operations Officer
- 2710
25.83 USD
11 months ago
Nov 30, 2023
Sell 262 K USD
SCOTT JULIE A
10 percent owner
- 10000
26.19 USD
11 months ago
Dec 08, 2023
Sell 284 K USD
SCOTT JULIE A
10 percent owner
- 10000
28.42 USD
11 months ago
Dec 14, 2023
Sell 32.1 M USD
Homer Scott Jr Trust, Homer Scott Jr. & First Interstate Wealth Management Co Trustees
10 percent owner
- 1000000
32.14 USD
1 year ago
Oct 27, 2023
Sell 313 K USD
SCOTT JULIE A
10 percent owner
- 13400
23.35 USD
1 year ago
Sep 13, 2023
Sell 374 K USD
Scott Jonathan R
director, 10 percent owner:
- 15000
24.92 USD
1 year ago
Sep 13, 2023
Sell 721 K USD
Scott Jonathan R
director, 10 percent owner:
- 29000
24.85 USD
1 year ago
Sep 11, 2023
Sell 201 K USD
SCOTT JULIE A
10 percent owner
- 8072
24.96 USD
1 year ago
Sep 12, 2023
Sell 299 K USD
SCOTT JULIE A
10 percent owner
- 11928
25.04 USD
1 year ago
Sep 13, 2023
Sell 502 K USD
SCOTT JULIE A
10 percent owner
- 20000
25.09 USD
1 year ago
Jun 14, 2023
Bought 36.2 K USD
RILEY KEVIN P
President & CEO
+ 1400
25.85 USD
1 year ago
Jun 14, 2023
Bought 31.1 K USD
RILEY KEVIN P
President & CEO
+ 1200
25.89 USD
1 year ago
Jun 14, 2023
Bought 275 K USD
RILEY KEVIN P
President & CEO
+ 10550
26.11 USD
1 year ago
May 17, 2023
Sell 536 K USD
Scott Jonathan R
director, 10 percent owner:
- 23250
23.07 USD
1 year ago
May 17, 2023
Sell 1.44 M USD
SCOTT JULIE A
10 percent owner
- 62223
23.07 USD
1 year ago
May 05, 2023
Sell 611 K USD
Scott Jonathan R
director, 10 percent owner:
- 26250
23.27 USD
1 year ago
May 08, 2023
Sell 69.4 K USD
Scott Jonathan R
director, 10 percent owner:
- 3000
23.14 USD
1 year ago
May 05, 2023
Sell 1.63 M USD
SCOTT JULIE A
10 percent owner
- 70250
23.27 USD
1 year ago
May 08, 2023
Sell 186 K USD
SCOTT JULIE A
10 percent owner
- 8027
23.14 USD
1 year ago
Feb 28, 2023
Sell 10.3 M USD
SCOTT JULIE A
10 percent owner
- 288000
35.63 USD
1 year ago
May 01, 2023
Bought 128 K USD
Mutch Marcy D
Exec. Vice Pres. & CFO
+ 5000
25.59 USD
1 year ago
Apr 28, 2023
Bought 25.6 K USD
Jensen Kirk D
General Counsel
+ 1000
25.57 USD
1 year ago
Feb 28, 2023
Sell 10.3 M USD
SCOTT JULIE A
director, 10 percent owner:
- 288000
35.63 USD
1 year ago
Feb 07, 2023
Sell 341 K USD
BRANNEN JAMES
Director
- 9300
36.71 USD
2 years ago
Aug 12, 2022
Sell 255 K USD
SCOTT JAMES R
Director
- 6215
40.95 USD
1 year ago
Dec 07, 2022
Sell 104 K USD
RILEY KEVIN P
President & CEO
- 2500
41.455 USD
2 years ago
Nov 16, 2022
Sell 432 K USD
SCOTT JULIE A
Director
- 10000
43.15 USD
2 years ago
Nov 17, 2022
Sell 431 K USD
SCOTT JULIE A
Director
- 10000
43.07 USD
2 years ago
Nov 11, 2022
Sell 442 K USD
SCOTT JULIE A
Director
- 10000
44.16 USD
2 years ago
Nov 11, 2022
Sell 442 K USD
SCOTT JULIE A
Director
- 10000
44.16 USD
2 years ago
Nov 11, 2022
Sell 442 K USD
SCOTT JULIE A
Director
- 10000
44.16 USD
2 years ago
Nov 11, 2022
Sell 442 K USD
Scott Jonathan R
Director
- 10000
44.16 USD
2 years ago
Nov 11, 2022
Sell 442 K USD
Scott Jonathan R
Director
- 10000
44.16 USD
2 years ago
Nov 11, 2022
Sell 442 K USD
Scott Jonathan R
Director
- 10000
44.16 USD
2 years ago
Nov 10, 2022
Sell 178 K USD
Scott James R. Jr
Director
- 3852
46.26 USD
2 years ago
Nov 07, 2022
Sell 113 K USD
Lee Russell A
EVP & Chief Banking Officer
- 2500
45.3 USD
2 years ago
Oct 28, 2022
Sell 456 K USD
Scott James R. Jr
Director
- 10130
45 USD
2 years ago
Oct 31, 2022
Sell 230 K USD
Scott James R. Jr
Director
- 5000
46 USD
2 years ago
Aug 16, 2022
Sell 105 K USD
Scott James R. Jr
10 percent owner
- 2500
42.03 USD
2 years ago
Aug 16, 2022
Sell 105 K USD
First Interstate Bank TTEE for James R Scott Jr. GST Exempt Trust No 1 Dtd 12/11/2020
director:
- 2500
42.03 USD
2 years ago
Aug 11, 2022
Sell 103 K USD
First Interstate Bank TTEE for James R Scott Jr. GST Exempt Trust No 1 Dtd 12/11/2020
director:
- 2500
41.01 USD
2 years ago
Aug 11, 2022
Sell 103 K USD
Scott James R. Jr
10 percent owner
- 2500
41.01 USD
2 years ago
Aug 05, 2022
Sell 961 K USD
IXL Ltd Liability Co
director:
- 23715
40.54 USD
2 years ago
Aug 01, 2022
Sell 56.5 K USD
Lee Russell A
EVP & Chief Banking Officer
- 1400
40.36 USD
2 years ago
Aug 03, 2022
Sell 40.7 K USD
Towanda Investments Limited Partnership
director:
- 1000
40.71 USD
2 years ago
Jun 13, 2022
Sell 180 K USD
Holland Elizabeth Scott Trust
director:
- 5000
36.03 USD
2 years ago
Jun 01, 2022
Bought 27.5 K USD
RILEY KEVIN P
President & CEO
+ 740
37.2 USD
2 years ago
Jun 01, 2022
Bought 16.8 K USD
RILEY KEVIN P
President & CEO
+ 450
37.2226 USD
2 years ago
Jun 01, 2022
Bought 539 K USD
RILEY KEVIN P
President & CEO
+ 14447
37.3384 USD
2 years ago
Jun 01, 2022
Bought 9.82 K USD
RILEY KEVIN P
President & CEO
+ 262
37.4978 USD
2 years ago
May 17, 2022
Sell 41.8 K USD
Gaglia Philip G
Chief Risk Officer
- 1199
34.89 USD
2 years ago
Mar 11, 2022
Sell 196 K USD
Jonathan Scott as Trustee of the Jonathan R Scott Trust Dated as of 4/21/04
director:
- 5000
39.25 USD
2 years ago
Mar 10, 2022
Sell 500 K USD
Scott Jonathan R
director, 10 percent owner:
- 12850
38.9 USD
2 years ago
Mar 10, 2022
Sell 500 K USD
SCOTT THOMAS W
director:
- 12850
38.9 USD
2 years ago
Mar 10, 2022
Sell 500 K USD
SCOTT JULIE A
10 percent owner
- 12850
38.9 USD
2 years ago
Mar 10, 2022
Sell 59.8 K USD
Gaglia Philip G
Chief Risk Officer
- 1546
38.7 USD
2 years ago
Mar 02, 2022
Sell 195 K USD
Holland Elizabeth Scott Trust
director:
- 5000
39 USD
2 years ago
Feb 23, 2022
Sell 74.8 K USD
Gaglia Philip G
Chief Risk Officer
- 1921
38.935 USD
2 years ago
Feb 02, 2022
Bought 11 K USD
Leckie Ross E.
Director
+ 300
36.805 USD
2 years ago
Feb 02, 2022
Bought 25.8 K USD
Leckie Ross E.
Director
+ 700
36.79 USD
2 years ago
Dec 14, 2021
Sell 7.37 K USD
HEYNEMAN JOHN M JR
director, 10 percent owner:
- 180
40.96 USD
2 years ago
Dec 13, 2021
Bought 66.8 K USD
RILEY KEVIN P
President & CEO
+ 1700
39.28 USD
2 years ago
Dec 13, 2021
Bought 41.6 K USD
RILEY KEVIN P
President & CEO
+ 1050
39.58 USD
2 years ago
Dec 13, 2021
Bought 1.57 K USD
RILEY KEVIN P
President & CEO
+ 40
39.3 USD
2 years ago
Dec 13, 2021
Bought 1.57 K USD
RILEY KEVIN P
President & CEO
+ 40
39.27 USD
2 years ago
Dec 13, 2021
Bought 393 USD
RILEY KEVIN P
President & CEO
+ 10
39.29 USD
2 years ago
Nov 26, 2021
Bought 20.3 K USD
Leckie Ross E.
Director
+ 500
40.59 USD
2 years ago
Nov 24, 2021
Bought 21.6 K USD
Leckie Ross E.
Director
+ 500
43.245 USD
3 years ago
Nov 18, 2021
Sell 58.7 K USD
Gaglia Philip G
Chief Risk Officer
- 1350
43.51 USD
3 years ago
Mar 11, 2021
Bought 69.4 K USD
RILEY KEVIN P
President & CEO
+ 1400
49.57 USD
3 years ago
Mar 08, 2021
Sell 96.5 K USD
Scott James R. Jr
Director
- 1949
49.53 USD
3 years ago
Mar 05, 2021
Sell 578 K USD
Scott James R. Jr
Director
- 12081
47.81 USD
3 years ago
Mar 03, 2021
Sell 673 K USD
Scott James R. Jr
Director
- 14029
47.95 USD
3 years ago
Mar 03, 2021
Sell 47.9 K USD
Leckie Ross E.
Director
- 1000
47.94 USD
3 years ago
Mar 01, 2021
Sell 577 K USD
Scott Jonathan R
director, 10 percent owner:
- 12500
46.13 USD
3 years ago
Mar 01, 2021
Sell 659 K USD
Scott James R. Jr
Director
- 14029
47 USD
3 years ago
Feb 22, 2021
Sell 22.5 K USD
Leckie Ross E.
Director
- 500
44.94 USD
3 years ago
Feb 18, 2021
Sell 27.5 K USD
SCOTT JULIE A
10 percent owner
- 628
43.83 USD
3 years ago
Feb 17, 2021
Sell 369 K USD
Scott Jeremy
10 percent owner
- 8378
44.05 USD
3 years ago
Feb 17, 2021
Sell 110 K USD
SCOTT JULIE A
10 percent owner
- 2500
43.91 USD
3 years ago
Feb 16, 2021
Sell 597 K USD
SCOTT JULIE A
10 percent owner
- 13591
43.92 USD
3 years ago
Feb 16, 2021
Sell 661 K USD
Scott Jeremy
10 percent owner
- 14923
44.29 USD
3 years ago
Feb 12, 2021
Sell 579 K USD
SCOTT JULIE A
10 percent owner
- 13281
43.59 USD
3 years ago
Feb 12, 2021
Sell 34.8 K USD
Scott Jeremy
10 percent owner
- 800
43.5 USD
3 years ago
Feb 10, 2021
Sell 8.71 K USD
Scott Jeremy
10 percent owner
- 200
43.57 USD
3 years ago
Feb 09, 2021
Sell 43 K USD
Scott Jeremy
10 percent owner
- 1000
43.01 USD
3 years ago
Feb 04, 2021
Sell 512 K USD
Scott Jonathan R
director, 10 percent owner:
- 12500
41 USD
3 years ago
Feb 04, 2021
Sell 2.46 M USD
Scott Jeremy
10 percent owner
- 60100
41 USD
3 years ago
Feb 04, 2021
Sell 1.65 M USD
Heyneman Susan Scott
10 percent owner
- 40724
40.596 USD
3 years ago
Feb 03, 2021
Sell 409 K USD
Scott Jeremy
10 percent owner
- 10223
40.01 USD
3 years ago
Feb 03, 2021
Sell 598 K USD
Heyneman Susan Scott
10 percent owner
- 15000
39.86 USD
3 years ago
Feb 03, 2021
Sell 599 K USD
Heyneman Susan Scott
10 percent owner
- 15000
39.929 USD
3 years ago
Feb 02, 2021
Sell 291 K USD
Heyneman Susan Scott
10 percent owner
- 7200
40.396 USD
3 years ago
Feb 02, 2021
Sell 11.3 M USD
Scott Jeremy
10 percent owner
- 283944
39.78 USD
3 years ago
Dec 04, 2020
Sell 4.2 M USD
Heyneman Susan Scott
10 percent owner
- 105000
39.9987 USD
4 years ago
Nov 16, 2020
Sell 72.1 K USD
Leckie Ross E.
Director
- 1807
39.89 USD
4 years ago
Nov 09, 2020
Sell 77.1 K USD
Leckie Ross E.
Director
- 2000
38.57 USD
4 years ago
Aug 11, 2020
Bought 364 K USD
RILEY KEVIN P
President & CEO
+ 11000
33.1 USD
4 years ago
Aug 10, 2020
Bought 349 K USD
RILEY KEVIN P
President & CEO
+ 11000
31.75 USD
4 years ago
Jun 09, 2020
Bought 68.3 K USD
RILEY KEVIN P
President & CEO
+ 2000
34.13 USD
4 years ago
Jun 09, 2020
Sell 67.8 K USD
RILEY KEVIN P
President & CEO
- 2000
33.89 USD
4 years ago
Jun 03, 2020
Sell 46.7 K USD
Leckie Ross E.
Director
- 1440
32.42 USD
4 years ago
May 06, 2020
Sell 27.4 K USD
Hart Charles E
Director
- 873
31.41 USD
4 years ago
May 06, 2020
Sell 3.15 K USD
Hart Charles E
Director
- 100
31.49 USD
4 years ago
Mar 13, 2020
Bought 0 USD
Scott Jonathan R
Director
+ 1000
0 USD
7. News
First Interstate BancSystem, Inc. (FIBK) Q3 2024 Earnings Call Transcript First Interstate BancSystem, Inc. (NASDAQ:FIBK ) Q3 2024 Earnings Conference Call October 25, 2024 11:00 AM ET Company Participants Nancy Vermeulen – Financial Communications and Analyst Manager Kevin Riley – Chief Executive Officer Marcy Mutch – Chief Financial Officer Conference Call Participants Matthew Clark – Piper Sandler Andrew Terrell – Stephens Jared Shaw – Barclays Tim Coffey – Janney Timur Braziler – Wells Fargo Nick Moutafakis – KBW Operator Good morning, everyone, and welcome to the First Interstate BancSystem Third Quarter Earnings Conference Call. At this time all participants are in a listen-only mode. seekingalpha.com - 3 weeks ago
First Interstate BancSystem (FIBK) Q3 Earnings: How Key Metrics Compare to Wall Street Estimates The headline numbers for First Interstate BancSystem (FIBK) give insight into how the company performed in the quarter ended September 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals. zacks.com - 3 weeks ago
First Interstate BancSystem (FIBK) Misses Q3 Earnings Estimates First Interstate BancSystem (FIBK) came out with quarterly earnings of $0.54 per share, missing the Zacks Consensus Estimate of $0.60 per share. This compares to earnings of $0.70 per share a year ago. zacks.com - 3 weeks ago
First Interstate BancSystem, Inc. Reports Third Quarter Earnings BILLINGS, Mont.--(BUSINESS WIRE)--First Interstate BancSystem, Inc. (NASDAQ: FIBK) (the “Company”) today reported financial results for the third quarter of 2024. For the quarter, the Company reported net income of $55.5 million, or $0.54 per share, which compares to net income of $60.0 million, or $0.58 per share, for the second quarter of 2024 and net income of $72.7 million, or $0.70 per share, for the third quarter of 2023. HIGHLIGHTS Appointed James A. Reuter as the Company's President and. businesswire.com - 3 weeks ago
Exploring Analyst Estimates for First Interstate BancSystem (FIBK) Q3 Earnings, Beyond Revenue and EPS Evaluate the expected performance of First Interstate BancSystem (FIBK) for the quarter ended September 2024, looking beyond the conventional Wall Street top-and-bottom-line estimates and examining some of its key metrics for better insight. zacks.com - 3 weeks ago
Why First Interstate BancSystem (FIBK) Could Beat Earnings Estimates Again First Interstate BancSystem (FIBK) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report. zacks.com - 1 month ago
First Interstate BancSystem (FIBK) Expected to Beat Earnings Estimates: What to Know Ahead of Q3 Release First Interstate BancSystem (FIBK) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations. zacks.com - 1 month ago
First Interstate BancSystem, Inc. Announces Appointment of James A. Reuter as President and CEO BILLINGS, Mont.--(BUSINESS WIRE)--First Interstate BancSystem, Inc. (NASDAQ: FIBK) (“First Interstate or the “Company”) announced today the appointment of James (Jim) A. Reuter as President and Chief Executive Officer, effective November 1, 2024, replacing Kevin P. Riley, whose retirement was announced earlier this year. “After a thorough and comprehensive search, the Board of Directors is thrilled to welcome Jim to First Interstate,” said Stephen B. Bowman, First Interstate's Board Chair. “Hav. businesswire.com - 1 month ago
What Makes First Interstate BancSystem (FIBK) a New Buy Stock First Interstate BancSystem (FIBK) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy). zacks.com - 1 month ago
First Interstate BancSystem, Inc. Announces Third Quarter Earnings Release and Conference Call BILLINGS, Mont.--(BUSINESS WIRE)--First Interstate BancSystem, Inc. (NASDAQ: FIBK), parent company of First Interstate Bank, will report third quarter results after the market closes on Thursday, October 24, 2024. A conference call for investors is scheduled for Friday, October 25, 2024 at 11 a.m. Eastern (9 a.m. Mountain), during which the Company will discuss quarterly results. There will be a question-and-answer session following the presentation. The conference call will be accessible by te. businesswire.com - 1 month ago
First Interstate BancSystem: Big Dividend Yield, But Fairly Valued First Interstate BancSystem, Inc. has seen some recent insider buying and also offers an over 6.2% dividend yield. The bank's loan book appears in decent shape with manageable exposure to the challenged commercial real estate sector. An analysis around this high yielding bank stock follows in the paragraphs below. seekingalpha.com - 2 months ago
First Interstate BancSystem: CRE Loans Take Up A Huge Weight In The Portfolio Valuation not expensive, but caution advised due to heavy reliance on CRE loans and potential economic slowdown. Loan portfolio growth stagnant, management shifting strategy towards reducing debt and leveraging. High dividend yield of 6.63% may be attractive, but concerns about sustainability due to exposure to CRE loans and slow growth. seekingalpha.com - 3 months ago
8. Profile Summary

First Interstate BancSystem, Inc. FIBK

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COUNTRY US
INDUSTRY Banks - Regional
MARKET CAP $ 3.46 B
Dividend Yield 1.55%
Description First Interstate BancSystem, Inc. operates as the bank holding company for First Interstate Bank that provides range of banking products and services in the United States. It offers various traditional depository products, including checking, savings, and time deposits; and repurchase agreements primarily for commercial and municipal depositors. The company also offers real estate loans comprising commercial real estate, construction, residential, agricultural, and other real estate loans; consumer loans comprising direct personal loans, credit card loans and lines of credit, and indirect loans; variable and fixed rate commercial loans for small and medium-sized manufacturing, wholesale, retail, and service businesses for working capital needs and business expansions; and agricultural loans. In addition, it provides a range of trust, employee benefit, investment management, insurance, agency, and custodial services to individuals, businesses, and nonprofit organizations. Further, the company offers marketing, credit review, loan servicing, credit cards issuance and servicing, mortgage loan sales and servicing, indirect consumer loan purchasing and processing, loan collection services, and other operational services, as well as online and mobile banking services. It serves individuals, businesses, municipalities, and other entities in various industries, including agriculture, construction, education, energy, governmental services, healthcare, hospitality, housing, mining, professional services, real estate development, retail, technology, tourism, and wholesale trade. As of December 31, 2021, it operated 147 banking offices, including detached drive-up facilities in communities across Idaho, Montana, Oregon, South Dakota, Washington, and Wyoming. The company was incorporated in 1971 and is headquartered in Billings, Montana.
Contact 401 North 31st Street, Billings, MT, 59116-0918 https://www.fibk.com
IPO Date March 24, 2010
Employees 3585
Officers Ms. Kristina R. Robbins Executive Vice President & Chief Operating Officer Ms. Lori A. Meyer Executive Vice President & Chief Information Officer Mr. James A. Reuter President & Chief Executive Officer Ms. Rachel B. Turitto Executive Vice President & Chief Human Resources Officer Mr. Kirk D. Jensen Esq. Executive Vice President, General Counsel & Corporate Secretary Mr. Michael Lugli Chief Credit Officer Ms. Karlyn M. Knieriem Executive Vice President & Chief Risk Officer Sara Becker Director of Marketing and Communications Ms. Lorrie F. Asker Executive Vice President & Chief Banking Officer Ms. Marcy D. Mutch Executive Vice President & Chief Financial Officer