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FIBK

FIBK - First Interstate BancSystem Inc Stock Price, Fair Value and News

24.86USD+0.02 (+0.08%)Market Closed

Market Summary

FIBK
USD24.86+0.02
Market Closed
0.08%

FIBK Stock Price

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FIBK RSI Chart

FIBK Valuation

Market Cap

2.6B

Price/Earnings (Trailing)

10.03

Price/Sales (Trailing)

2.02

EV/EBITDA

1.58

Price/Free Cashflow

6.04

FIBK Price/Sales (Trailing)

FIBK Profitability

EBT Margin

26.31%

Return on Equity

7.98%

Return on Assets

0.84%

Free Cashflow Yield

16.56%

FIBK Fundamentals

FIBK Revenue

Revenue (TTM)

1.3B

Rev. Growth (Yr)

6.68%

Rev. Growth (Qtr)

0.53%

FIBK Earnings

Earnings (TTM)

257.5M

Earnings Growth (Yr)

-28.32%

Earnings Growth (Qtr)

-15.41%

Breaking Down FIBK Revenue

Last 7 days

-5.6%

Last 30 days

-1.4%

Last 90 days

-12.8%

Trailing 12 Months

-13.5%

How does FIBK drawdown profile look like?

FIBK Financial Health

FIBK Investor Care

Dividend Yield

7.56%

Dividend/Share (TTM)

1.88

Buy Backs (1Y)

0.48%

Diluted EPS (TTM)

2.48

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
20231.2B1.2B1.3B1.3B
2022565.6M688.7M844.1M1.0B
2021517.5M512.0M514.4M506.5M
2020555.6M542.3M529.9M524.4M
2019496.4M525.5M545.6M554.0M
2018411.0M438.1M450.5M473.4M
2017299.4M313.4M347.2M377.8M
2016286.0M288.3M292.4M297.4M
2015273.2M278.7M279.8M282.4M
2014255.3M255.5M261.3M267.1M
2013269.9M264.8M260.6M257.7M
2012288.1M283.6M278.3M273.9M
2011308.9M302.6M297.1M292.9M
20100323.5M319.0M314.5M
2009000328.0M
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Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224


Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.

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Tracking the Latest Insider Buys and Sells of First Interstate BancSystem Inc

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
Mar 15, 2024
knieriem karlyn m
acquired
-
-
5,092
evp, chief risk officer
Mar 15, 2024
jensen kirk d
sold (taxes)
-21,655
25.21
-859
general counsel
Mar 15, 2024
jensen kirk d
sold (taxes)
-15,075
25.21
-598
general counsel
Mar 15, 2024
robbins kristina
sold (taxes)
-16,563
25.21
-657
evp, chief operations officer
Mar 15, 2024
riley kevin p
acquired
-
-
39,111
president & ceo
Mar 15, 2024
robbins kristina
sold (taxes)
-8,294
25.21
-329
evp, chief operations officer
Mar 15, 2024
asker lorrie f
acquired
-
-
8,443
chief banking officer
Mar 15, 2024
mutch marcy d
acquired
-
-
10,359
exec. vice pres. & cfo
Mar 15, 2024
riley kevin p
sold (taxes)
-150,126
25.21
-5,955
president & ceo

1–10 of 50

Which funds bought or sold FIBK recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
Apr 12, 2024
First PREMIER Bank
unchanged
-
-3,000
23,000
0.01%
Apr 12, 2024
AdvisorNet Financial, Inc
reduced
-86.15
-6,218
871
-%
Apr 11, 2024
Allied Investment Advisors, LLC
unchanged
-
-36,144
277,814
0.07%
Apr 11, 2024
West Financial Advisors, LLC
unchanged
-
-22,415
172,294
0.04%
Apr 09, 2024
MASSMUTUAL TRUST CO FSB/ADV
new
-
218
218
-%
Apr 05, 2024
GAMMA Investing LLC
added
30.00
1,178
5,306
-%
Apr 05, 2024
CWM, LLC
added
13.72
-
73,000
-%
Apr 03, 2024
Arden Trust Co
reduced
-4.21
-43,043
239,339
0.03%
Apr 03, 2024
Versant Capital Management, Inc
added
248
6,163
9,115
-%
Apr 01, 2024
Global Wealth Strategies & Associates
unchanged
-
-850
6,530
-%

1–10 of 48

Are Funds Buying or Selling FIBK?

Are funds buying FIBK calls or puts?
Calls
Puts
No. of funds holding Calls - Puts
Net Call Options
No. of funds that own FIBK
No. of Funds

Unveiling First Interstate BancSystem Inc's Major ShareHolders

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Apr 04, 2024
scott james r
-
0
SC 13D/A
Feb 13, 2024
vanguard group inc
8.74%
9,180,537
SC 13G/A
Feb 09, 2024
fmr llc
-
0
SC 13G
Jan 30, 2024
franklin mutual advisers llc
5.1%
5,384,069
SC 13G
Jan 26, 2024
blackrock inc.
7.9%
8,267,067
SC 13G/A
Dec 21, 2023
scott james r
0.46%
486,592
SC 13D/A
Feb 09, 2023
vanguard group inc
7.55%
7,885,516
SC 13G/A
Feb 08, 2023
massachusetts financial services co /ma/
2.4%
2,494,554
SC 13G/A
Feb 01, 2023
blackrock inc.
6.3%
6,537,202
SC 13G/A
May 09, 2022
blackrock inc.
7.8%
8,524,922
SC 13G/A

Recent SEC filings of First Interstate BancSystem Inc

View All Filings
Date Filed Form Type Document
Apr 11, 2024
ARS
ARS
Apr 11, 2024
DEF 14A
DEF 14A
Apr 11, 2024
DEFA14A
DEFA14A
Apr 04, 2024
8-K
Current Report
Apr 04, 2024
SC 13D/A
13D - Major Acquisition
Mar 26, 2024
4/A
Insider Trading
Mar 26, 2024
4/A
Insider Trading
Mar 26, 2024
4/A
Insider Trading
Mar 26, 2024
4/A
Insider Trading
Mar 26, 2024
4/A
Insider Trading

Peers (Alternatives to First Interstate BancSystem Inc)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
526.7B
171.1B
-3.91% 31.81%
10.63
3.08
60.72% 31.52%
283.0B
130.3B
1.52% 21.78%
10.67
2.17
79.51% -3.68%
203.8B
85.7B
-0.94% 43.72%
10.65
2.38
41.49% 39.96%
111.9B
133.3B
1.65% 18.16%
12.13
0.84
79.09% -
15.1B
10.2B
-1.49% 13.37%
9.41
1.48
44.53% -22.43%
13.5B
7.9B
-0.41% 19.27%
13.93
1.7
46.47% -49.56%
MID-CAP
6.7B
4.2B
2.75% 17.44%
7.65
1.61
56.25% -23.46%
6.0B
3.9B
1.56% 34.92%
8.8
1.52
45.91% -25.03%
3.1B
1.3B
-1.16% 34.79%
11.56
2.43
43.24% -22.35%
3.1B
2.0B
0.10% 12.49%
16.74
1.56
70.97% -50.03%
SMALL-CAP
497.6M
120.2M
6.68% 49.76%
19.02
4.14
25.23% -24.02%
396.1M
164.9M
-4.97% 29.15%
33.87
2.4
42.66% -70.76%
365.2M
162.6M
-7.04% -2.86%
12.14
2.25
25.39% -38.37%
276.1M
96.6M
-8.72% 5.46%
8.71
2.86
11.02% -11.37%
39.4M
60.9M
-11.88% -26.28%
-11.79
0.65
24.06% -144.92%

First Interstate BancSystem Inc News

Latest updates
MarketBeat • 33 hours ago

First Interstate BancSystem Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)
(In Millions)
Income Statement (Quarterly)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Revenue0.5%324323317316304287246184127131123125135129129132140141142131132
EBITDA Margin-7.5%0.99*1.07*1.16*1.24*1.23*1.27*1.28*1.30*1.54*1.52*1.53*1.51*1.43*1.43*1.40*1.37*-----
Interest Expenses-2.8%208214218239258267239178123127119121129123123123128126125116119
Income Taxes-11.8%19.0022.0020.0018.0024.0022.0016.00-7.9015.0014.0013.0014.0015.0015.0010.008.0017.0015.0011.0011.0012.00
Earnings Before Taxes-14.6%81.0095.0087.0074.0011010880.00-41.3067.0061.0055.0066.0062.0063.0047.0038.0069.0064.0049.0053.0052.00
EBT Margin-9.4%0.26*0.29*0.31*0.32*0.25*0.25*0.24*0.25*0.49*0.47*0.48*0.46*0.40*0.41*0.40*0.40*-----
Net Income-15.4%62.0073.0067.0056.0086.0086.0064.00-33.4051.0047.0043.0051.0047.0048.0037.0029.0052.0049.0038.0042.00-21.35
Net Income Margin-10.1%0.20*0.22*0.24*0.25*0.20*0.20*0.19*0.19*0.38*0.37*0.37*0.35*0.31*0.31*0.31*0.30*-----
Free Cashflow-46.3%69.0012917258.0096.0016920465.0077.0099.0036.0071.00106154-32.1041.00-----
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Assets0.4%30,67130,54130,97631,63832,28831,34532,06233,16219,67219,37218,94118,44317,64917,07016,47114,41114,64414,70214,41513,49813,300
    Cash Equivalents-2.5%5785936811,0818715921,0593,8112,3452,2341,9482,1962,2771,8611,4258691,0771,2701,129955822
  Net PPE-0.4%444446444443445445443444300297299306312308310309306303321298245
  Goodwill0%1,1011,1011,1011,1011,1011,1001,1001,1386226226226226226226226226226236242.00547
Liabilities0.0%27,44427,45527,85528,47729,21428,33928,79029,72117,68517,38716,97016,51015,68915,09214,47312,45512,63012,71912,46611,76111,606
Shareholder's Equity4.6%3,2283,0863,1213,1603,0743,0063,2723,4411,9871,9851,9711,9331,9601,9781,9991,9562,0141,9831,9491,7371,694
  Retained Earnings1.1%1,1351,1221,0991,0811,0731,0369949751,0531,0271,005988962939913898954921893875852
Shares Outstanding-1.0%10410510510410410310193.0062.0062.0062.0062.00-64.0064.0065.00-65.00---
Float---2,100---3,400---1,809---1,380---1,792--
Cashflow (Last 12 Months)
(In Thousands)
Cashflow (Quarterly)
(In Thousands)
(*) denotes actual numbers (not divided by Thousands)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Cashflow From Operations-46.3%69,300129,100171,90057,70095,800169,400204,30064,90076,90099,30035,60070,500105,500153,600-32,10041,30070,6008,60050047,60047,100
  Share Based Compensation-208.3%-3,9003,6002,7002,3009002,5003,8002,4001,4002,0003,1002,4001,9001,8002,4001,4001,4002,0002,7001,9001,300
Cashflow From Investing-125.9%-76,300294,800166,600868,300-636,000-149,600-1,685,9001,522,500-246,100-199,200-715,500-959,200-233,700-256,200-1,406,10026,200-167,900-106,000269,200-12,100-76,500
Cashflow From Financing98.4%-8,100-511,300-738,700-715,800818,800-487,200-1,270,400-120,900280,500385,000432,300807,900544,400538,2001,994,000-275,100-95,500238,100-71,80073,500-113,600
  Dividend Payments-1.0%48,70049,20048,90048,30049,00043,60044,80044,70025,40025,40025,50025,30023,70021,90021,80061,20020,20020,20020,10018,70016,900
  Buy Backs----1,800100133,00064,5001,400---5,40037,90046,300-32,600--1002,400-

FIBK Income Statement

2023-12-31
Consolidated Statements of Income - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Interest income:   
Interest and fees on loans$ 979.7$ 790.2$ 430.2
Interest and dividends on investment securities:   
Taxable269.1213.968.6
Exempt from federal taxes3.23.94.1
Interest on deposits in banks15.78.72.6
Total interest income1,280.11,021.5506.5
Interest expense:   
Interest on deposits242.648.38.1
Interest on securities sold under repurchase agreements6.42.50.4
Interest on other borrowed funds133.815.30.0
Interest on long-term debt5.86.06.0
Interest on subordinated debentures held by subsidiary trusts12.76.82.8
Total interest expense401.378.917.3
Net interest income878.8942.6489.2
Provision for (reversal of) credit losses32.282.7(14.6)
Net interest income after provision for (reversal of) credit losses846.6859.9503.8
Payment Services Revenues76.474.145.1
Non-interest income:   
Revenue from Contract with Customer, Excluding Assessed Tax9.515.57.9
Fees and Commissions, Mortgage Banking and Servicing8.418.740.8
Investment Banking, Advisory, Brokerage, and Underwriting Fees and Commissions35.334.326.3
Service Charges on Deposit Accounts23.024.616.5
Investment securities (losses) gains, net(23.5)(24.4)1.1
Other income17.920.411.8
Total non-interest income147.0163.2149.5
Non-interest expense:   
Salaries and wages263.1282.1164.9
Employee benefits75.377.555.8
Information Technology and Data Processing59.054.332.8
Occupancy, Net48.044.028.7
Equipment Expense22.123.417.6
OREO expense, net of income1.52.3(0.2)
Professional fees19.119.112.1
FDIC insurance premiums31.514.06.6
Other intangibles amortization15.715.99.9
Other expenses121.5114.565.7
Acquisition related expenses0.0118.911.6
Total non-interest expense656.8766.0405.5
Income before income tax336.8257.1247.8
Provision for income tax79.354.955.7
Net income$ 257.5$ 202.2$ 192.1
Basic earnings per common share (in dollars per share)$ 2.48$ 1.96$ 3.12
Diluted earnings per common share (in dollars per share)$ 2.48$ 1.96$ 3.11
Other Interest and Dividend Income$ 12.4$ 4.8$ 1.0

FIBK Balance Sheet

2023-12-31
Consolidated Balance Sheets - USD ($)
$ in Millions
Dec. 31, 2023
Dec. 31, 2022
Assets  
Cash and due from banks$ 378.2$ 349.2
Federal funds sold199.7521.2
Interest bearing deposits in banks0.10.1
Total cash and cash equivalents578.0870.5
Investment securities:  
Available-for-sale5,841.56,946.1
Debt Securities, Held-to-Maturity, Amortized Cost, after Allowance for Credit Loss3,207.93,451.8
Investments, Total9,049.410,397.9
Federal Home Loan Bank Stock and Federal Reserve Bank Stock223.2198.6
Loans Held for Sale (Table)47.479.9
Loans and Leases Receivable, Net of Deferred Income18,279.618,099.2
Less allowance for loan losses(227.7)(220.1)
Net loans18,051.917,879.1
Goodwill1,100.91,100.9
Company-owned life insurance502.4497.9
Premises and equipment, net of accumulated depreciation444.3444.7
Other intangibles, net of accumulated amortization81.497.0
Accrued interest receivable129.1118.3
Mortgage servicing rights, net of accumulated amortization and impairment reserve28.331.1
Other real estate owned16.512.7
Deferred Income Tax Assets, Net150.0210.5
Other assets268.4348.7
Total assets30,671.232,287.8
Deposits:  
Non-interest bearing6,029.67,560.0
Interest bearing17,293.517,513.6
Total deposits23,323.125,073.6
Securities sold under repurchase agreements782.71,052.9
Accounts payable and accrued expenses380.4445.9
Accrued interest payable52.214.5
Long-term debt120.8120.8
Other borrowings2,603.02,327.0
Allowance for credit losses on off-balance sheet credit exposures18.416.2
Subordinated debentures held by subsidiary trusts163.1163.1
Total liabilities$ 27,443.7$ 29,214.0
Preferred Stock, Shares Issued00
Preferred Stock, Shares Outstanding00
Preferred Stock, No Par Value$ 0$ 0
Preferred Stock, Shares Authorized100,000100,000
Common Stock, Shares, Issued103,941,626104,442,023
Common stock, shares, outstanding103,941,626104,442,023
Common Stock, Par or Stated Value Per Share$ 0.00001$ 0.00001
Stockholders’ equity:  
Nonvoting noncumulative preferred stock without par value; authorized 100,000 shares; no shares issued or outstanding as of December 31, 2019 and 2018$ 0.0$ 0.0
Common stock2,448.92,478.2
Retained earnings1,135.11,072.7
Accumulated other comprehensive income (loss), net(356.5)(477.1)
Total stockholders’ equity3,227.53,073.8
Total liabilities and stockholders’ equity$ 30,671.2$ 32,287.8
Common stock, shares authorized150,000,000 
FIBK
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, other operational, and specialized staff support services, as well as online and mobile banking services. It serves individuals, businesses, municipalities, and other entities in various industries, including agriculture, construction, education, governmental services, healthcare, hospitality, housing, professional services, real estate development, retail, technology, tourism, and wholesale trade. First Interstate BancSystem, Inc. was incorporated in 1971 and is headquartered in Billings, Montana.
 CEO
 WEBSITEfibk.com
 INDUSTRYBanks Diversified
 EMPLOYEES3783

First Interstate BancSystem Inc Frequently Asked Questions


What is the ticker symbol for First Interstate BancSystem Inc? What does FIBK stand for in stocks?

FIBK is the stock ticker symbol of First Interstate BancSystem Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of First Interstate BancSystem Inc (FIBK)?

As of Mon Apr 15 2024, market cap of First Interstate BancSystem Inc is 2.58 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of FIBK stock?

You can check FIBK's fair value in chart for subscribers.

What is the fair value of FIBK stock?

You can check FIBK's fair value in chart for subscribers. The fair value of First Interstate BancSystem Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of First Interstate BancSystem Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for FIBK so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is First Interstate BancSystem Inc a good stock to buy?

The fair value guage provides a quick view whether FIBK is over valued or under valued. Whether First Interstate BancSystem Inc is cheap or expensive depends on the assumptions which impact First Interstate BancSystem Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for FIBK.

What is First Interstate BancSystem Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Mon Apr 15 2024, FIBK's PE ratio (Price to Earnings) is 10.03 and Price to Sales (PS) ratio is 2.02. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. FIBK PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on First Interstate BancSystem Inc's stock?

In the past 10 years, First Interstate BancSystem Inc has provided 0.024 (multiply by 100 for percentage) rate of return.