Financial Services -
Banks - Regional - NASDAQ - US
$ 27.89
-0.147 %
$ 2.93 B
Market Cap
12.89
P/E
1. INTRINSIC VALUE
Balance Sheet
First Interstate BancSystem, Inc.
| Current Assets | 8.24 B |
| Cash & Short-Term Investments | 8.12 B |
| Receivables | 117 M |
| Other Current Assets | 0 |
| Non-Current Assets | 1.71 B |
| Long-Term Investments | 63.9 M |
| PP&E | 427 M |
| Other Non-Current Assets | 1.22 B |
| Current Liabilities | 25.5 B |
| Accounts Payable | 426 M |
| Short-Term Debt | 2.09 B |
| Other Current Liabilities | 23 B |
| Non-Current Liabilities | 300 M |
| Long-Term Debt | 295 M |
| Other Non-Current Liabilities | 5.2 M |
EFFICIENCY
Earnings Waterfall
First Interstate BancSystem, Inc.
| Revenue | 1.3 B |
| Cost Of Revenue | 0 |
| Gross Profit | 1 B |
| Operating Expenses | 637 M |
| Operating Income | 294 M |
| Other Expenses | 68.5 M |
| Net Income | 226 M |
RATIOS
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis
First Interstate BancSystem, Inc.
| Net Income | 226 M |
| Depreciation & Amortization | 57 M |
| Capital Expenditures | -23 M |
| Stock-Based Compensation | 11.8 M |
| Change in Working Capital | -15.2 M |
| Others | 30.9 M |
| Free Cash Flow | 332 M |
Wall Street Analysts Price Targets
First Interstate BancSystem, Inc.
Wall Street analysts predict an average 1-year price target for FIBK of $35.2 , with forecasts ranging from
a
low of
$28 to a high of $38 .
FIBK Lowest Price Target
Wall Street Target
28 USD
0.39%
FIBK Average Price Target
Wall Street Target
35.2 USD
26.21%
FIBK Highest Price Target
Wall Street Target
38 USD
36.25%
4. DIVIDEND
ANALYSIS
1.63%
DIVIDEND YIELD
0.47 USD
DIVIDEND PER SHARE
5. COMPETITION
6. Ownership
Insider Ownership
First Interstate BancSystem, Inc.
Sold
0-3 MONTHS
0 USD 0
3-6 MONTHS
51.1 K USD 1
6-9 MONTHS
3.18 M USD 3
9-12 MONTHS
866 K USD 3
Bought
0 USD 0
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
348 K USD 1
9-12 MONTHS
7. News
First Interstate BancSystem, Inc. Announces Pricing of Subordinated Notes Offering
BILLINGS, Mont.--(BUSINESS WIRE)--First Interstate BancSystem, Inc. (NASDAQ: FIBK) (the “Company”) today announced the pricing of its public offering of $125 million aggregate principal amount of 7.625% Fixed-to-Floating Rate Subordinated Notes due 2035 (the “Notes”). The price to the public for the Notes was 100% of the principal amount of the Notes. Interest on the Notes will accrue at a rate equal to (i) 7.625% per annum from the original issue date to, but excluding, June 15, 2030, payable.
businesswire.com
- 2 weeks ago
David P. Della Camera Becomes CFO of First Interstate BancSystem, Inc.
BILLINGS, Mont.--(BUSINESS WIRE)--First Interstate BancSystem, Inc. (NASDAQ: FIBK) (“First Interstate” or the “Company”) announced that effective June 1, 2025, David P. Della Camera has succeeded Marcy D. Mutch as the Company's Executive Vice President and Chief Financial Officer (CFO). This transition completes the Company's previously announced CFO succession plan, which was announced in February 2025. Mr. Della Camera joined First Interstate in 2021 and has held a range of senior finance lea.
businesswire.com
- 2 weeks ago
First Interstate BancSystem: A Buy Due To Large Discount To Historical Price To Book
First Interstate BancSystem's high median net interest margin of 3.4% outperforms competitors. The bank's NPL ratio has generally been worse than industry averages. The historical loan-to-deposit ratio implies a solid funding profile.
seekingalpha.com
- 1 month ago
First Interstate BancSystem, Inc. (FIBK) Q1 2025 Earnings Call Transcript
First Interstate BancSystem, Inc. (NASDAQ:FIBK ) Q1 2025 Earnings Conference Call April 30, 2025 11:00 AM ET Company Participants Nancy Vermeulen – Investor Relations Jim Reuter – Chief Executive Officer Marcy Mutch – Chief Financial Officer David Della Camera – Deputy Chief Financial Officer Conference Call Participants Matthew Clark – Piper Sander Chris McGratty – KBW Jeff Rulis – D.A. Davidson Andrew Terrell – Stephens Timur Braziler – Wells Fargo Jared Shaw – Barclays Capital Timothy Coffey – Janney Operator Good morning, ladies and gentlemen, and welcome to the First Interstate BancSystem, Inc. First Quarter Earnings Conference Call.
seekingalpha.com
- 1 month ago
Compared to Estimates, First Interstate BancSystem (FIBK) Q1 Earnings: A Look at Key Metrics
Although the revenue and EPS for First Interstate BancSystem (FIBK) give a sense of how its business performed in the quarter ended March 2025, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
zacks.com
- 1 month ago
First Interstate BancSystem (FIBK) Q1 Earnings and Revenues Miss Estimates
First Interstate BancSystem (FIBK) came out with quarterly earnings of $0.49 per share, missing the Zacks Consensus Estimate of $0.56 per share. This compares to earnings of $0.57 per share a year ago.
zacks.com
- 1 month ago
First Interstate BancSystem, Inc. Reports First Quarter Earnings
BILLINGS, Mont.--(BUSINESS WIRE)--First Interstate BancSystem, Inc. (NASDAQ: FIBK) (the “Company”) today reported financial results for the first quarter of 2025. For the quarter, the Company reported net income of $50.2 million, or $0.49 per diluted share, which compares to net income of $52.1 million, or $0.50 per diluted share, for the fourth quarter of 2024 and net income of $58.4 million, or $0.57 per diluted share, for the first quarter of 2024. HIGHLIGHTS Net interest margin increased to.
businesswire.com
- 1 month ago
Enterprise Bank & Trust to Expand in Arizona and Kansas through Acquisition of Twelve Banking Offices from First Interstate Bank
ST. LOUIS & BILLINGS, Mont.--(BUSINESS WIRE)--Enterprise Financial Services Corp (“Enterprise”) (Nasdaq: EFSC) and First Interstate BancSystem, Inc. (“First Interstate”) (Nasdaq: FIBK) have announced the signing of a purchase and assumption agreement by their respective wholly-owned subsidiaries, Enterprise Bank & Trust and First Interstate Bank, pursuant to which Enterprise Bank & Trust will acquire twelve branches from First Interstate Bank. The acquisition consists of two separate fr.
businesswire.com
- 1 month ago
Enterprise Bank & Trust to Expand in Arizona and Kansas through acquisition of Twelve Banking Offices from First Interstate Bank
ST. LOUIS & BILLINGS, Mont.--(BUSINESS WIRE)--Enterprise Financial Services Corp (“Enterprise”) (NASDAQ: EFSC) and First Interstate BancSystem, Inc. (“First Interstate”) (NASDAQ: FIBK) have announced the signing of a purchase and assumption agreement by their respective wholly-owned subsidiaries, Enterprise Bank & Trust and First Interstate Bank, pursuant to which Enterprise Bank & Trust will acquire twelve branches from First Interstate Bank. The acquisition consists of two separate fr.
businesswire.com
- 1 month ago
First Interstate BancSystem, Inc. Announces First Quarter Earnings Release and Conference Call
BILLINGS, Mont.--(BUSINESS WIRE)--First Interstate BancSystem, Inc. (NASDAQ: FIBK), parent company of First Interstate Bank, will report first quarter results after the market closes on Tuesday, April 29, 2025. A conference call for investors is scheduled for Wednesday, April 30, 2025, 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 tel.
businesswire.com
- 2 months ago
First Interstate BancSystem, Inc. Announces Chief Financial Officer Succession
BILLINGS, Mont.--(BUSINESS WIRE)--First Interstate BancSystem, Inc. (NASDAQ: FIBK) (“First Interstate” or the “Company”) announced today that Marcy D. Mutch notified the Company of her intention to retire as a full-time employee at the end of 2025 after more than 18 years of faithful service to the Company, and to step down after a transition period as the Company's Executive Vice President and Chief Financial Officer (CFO) effective May 31, 2025. Ms. Mutch has agreed to serve as an executive a.
businesswire.com
- 3 months ago
First Interstate BancSystem, Inc. (FIBK) Q4 2024 Earnings Call Transcript
First Interstate BancSystem, Inc. (NASDAQ:FIBK ) Q4 2024 Earnings Conference Call January 30, 2025 11:00 AM ET Company Participants Nancy Vermeulen - Financial Communications & Analyst Manager Jim Reuter - CEO Marcy Mutch - CFO David Della Camera - Deputy CFO Conference Call Participants Matthew Clark - Piper Sandler Jeff Rulis - D.A. Davidson Andrew Terrell - Stephens, Inc. Chris McGratty - KBW Samuel Varga - UBS Timur Braziler - Wells Fargo Operator Good morning, ladies and gentlemen, and welcome to the First Interstate BancSystem Inc. Fourth Quarter Earnings Conference Call.
seekingalpha.com
- 4 months ago
8. Profile
Summary
First Interstate BancSystem, Inc. FIBK
COUNTRY
US
INDUSTRY
Banks - Regional
MARKET CAP
$ 2.93 B
Dividend Yield
1.63%
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
3481
Officers
Ms. Marcy D. Mutch CPA
Executive Vice President & Chief Financial Officer
Mr. Kirk D. Jensen Esq.
Executive Vice President, General Counsel & Corporate Secretary
Mr. Michael Lugli
Chief Credit Officer
Ms. Kristina R. Robbins
Executive Vice President & Chief Operating Officer
Ms. Rachel B. Turitto
Executive Vice President & Chief Human Resources Officer
Mr. David P. Della Camera C.F.A.
Deputy Chief Financial Officer
Ms. Lorrie F. Asker
Executive Vice President & Chief Banking Officer
Mr. James A. Reuter
President, Chief Executive Officer & Director
Sara Becker
Director of Marketing and Communications
Ms. Lori A. Meyer
Executive Vice President & Chief Information Officer