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FIBK

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

27.52USD-0.23 (-0.83%)Market Closed

Market Summary

FIBK
USD27.52-0.23
Market Closed
-0.83%

FIBK Stock Price

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FIBK RSI Chart

FIBK Valuation

Market Cap

2.9B

Price/Earnings (Trailing)

11.09

Price/Sales (Trailing)

2.23

EV/EBITDA

1.82

Price/Free Cashflow

6.28

FIBK Price/Sales (Trailing)

FIBK Profitability

EBT Margin

26.32%

Return on Equity

8.09%

Return on Assets

0.86%

Free Cashflow Yield

15.91%

FIBK Fundamentals

FIBK Revenue

Revenue (TTM)

1.3B

Rev. Growth (Yr)

2.79%

Rev. Growth (Qtr)

0.12%

FIBK Earnings

Earnings (TTM)

259.6M

Earnings Growth (Yr)

3.73%

Earnings Growth (Qtr)

-5.04%

Breaking Down FIBK Revenue

Last 7 days

-0.9%

Last 30 days

10.8%

Last 90 days

10.7%

Trailing 12 Months

26.4%

How does FIBK drawdown profile look like?

FIBK Financial Health

FIBK Investor Care

Dividend Yield

6.83%

Dividend/Share (TTM)

1.88

Shares Dilution (1Y)

0.18%

Diluted EPS (TTM)

2.51

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
20241.3B000
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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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
May 10, 2024
CREDIT SUISSE AG/
added
5.1
-397,285
5,275,480
-%
May 10, 2024
Edgestream Partners, L.P.
new
-
1,596,960
1,596,960
0.08%
May 10, 2024
OSAIC HOLDINGS, INC.
added
10.57
-8,418
379,437
-%
May 10, 2024
BlackRock Inc.
reduced
-1.62
-32,920,300
221,292,000
-%
May 10, 2024
DIMENSIONAL FUND ADVISORS LP
added
17.35
4,233,510
114,652,000
0.03%
May 10, 2024
Covestor Ltd
reduced
-28.92
-62,000
106,000
0.07%
May 10, 2024
VANGUARD GROUP INC
reduced
-1.78
-36,934,000
245,369,000
-%
May 10, 2024
PRINCIPAL SECURITIES, INC.
unchanged
-
-57.00
435
-%
May 10, 2024
JPMORGAN CHASE & CO
added
8.73
-3,908,160
99,293,500
0.01%
May 10, 2024
FOSTER DYKEMA CABOT & PARTNERS, LLC
sold off
-100
-185
-
-%

1–10 of 47

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
May 07, 2024
DEFA14A
DEFA14A
May 03, 2024
10-Q
Quarterly Report
Apr 30, 2024
DEFA14A
DEFA14A
Apr 24, 2024
8-K
Current Report
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

Peers (Alternatives to First Interstate BancSystem Inc)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
570.5B
174.7B
8.69% 48.16%
11.33
3.27
53.11% 19.83%
299.1B
137.9B
6.85% 41.16%
11.95
2.17
56.12% -12.56%
213.6B
85.8B
8.52% 63.46%
11.38
2.49
35.02% 26.14%
120.9B
125.0B
6.23% 39.49%
15.13
0.97
37.85% -
16.4B
10.4B
8.48% 44.96%
11.43
1.57
26.22% -33.87%
14.0B
8.1B
1.78% 65.41%
16.04
1.72
32.15% -50.93%
MID-CAP
7.1B
4.2B
3.79% 66.34%
10.15
1.66
34.68% -45.96%
6.5B
4.1B
8.06% 95.94%
10.32
1.59
32.93% -30.73%
3.4B
1.3B
9.68% 70.56%
12.1
2.6
30.60% -12.99%
3.3B
2.0B
8.96% 50.51%
20.76
1.64
47.11% -59.32%
SMALL-CAP
497.6M
120.2M
6.68% 49.76%
19.02
4.14
45.65% -13.98%
406.0M
152.4M
2.65% 46.43%
40.84
2.66
16.94% -73.84%
395.4M
173.1M
7.98% 20.88%
13.55
2.28
26.54% -34.86%
294.5M
98.7M
5.64% 21.02%
10.01
2.98
6.27% -22.90%
46.0M
62.5M
12.13% -6.62%
-15.54
0.74
18.83% -145.18%

First Interstate BancSystem Inc News

Latest updates
MarketBeat • 12 hours ago
Yahoo Canada Shine On • 10 May 2024 • 07:00 am
Defense World • 09 May 2024 • 09:52 am
Yahoo Finance • 24 Apr 2024 • 07:00 am

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/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Revenue0.1%325324323317316304287246184127131123125135129129132140141142131
EBITDA Margin-3.4%0.96*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*-----
Interest Expenses-3.7%200208214218239258267239178123127119121129123123123128126125116
Income Taxes-5.7%18.0019.0022.0020.0018.0024.0022.0016.00-7.9015.0014.0013.0014.0015.0015.0010.008.0017.0015.0011.0011.00
Earnings Before Taxes-5.2%77.0081.0095.0087.0074.0011010880.00-41.3067.0061.0055.0066.0062.0063.0047.0038.0069.0064.0049.0053.00
EBT Margin0.0%0.26*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*-----
Net Income-5.0%58.0062.0073.0067.0056.0086.0086.0064.00-33.4051.0047.0043.0051.0047.0048.0037.0029.0052.0049.0038.0042.00
Net Income Margin0.1%0.20*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*-----
Free Cashflow26.4%88.0069.0012917258.0096.0016920465.0077.0099.0036.0071.00106154-32.10-----
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Assets-1.7%30,14530,67130,54130,97631,63832,28831,34532,06233,16219,67219,37218,94118,44317,64917,07016,47114,41114,64414,70214,41513,498
    Cash Equivalents9.9%6355785936811,0818715921,0593,8112,3452,2341,9482,1962,2771,8611,4258691,0771,2701,129955
  Net PPE-1.0%440444446444443445445443444300297299306312308310309306303321298
  Goodwill0%1,1011,1011,1011,1011,1011,1011,1001,1001,1386226226226226226226226226226236242.00
Liabilities-1.9%26,93527,44427,45527,85528,47729,21428,33928,79029,72117,68517,38716,97016,51015,68915,09214,47312,45512,63012,71912,46611,761
Shareholder's Equity-0.6%3,2103,2283,0863,1213,1603,0743,0063,2723,4411,9871,9851,9711,9331,9601,9781,9991,9562,0141,9831,9491,737
  Retained Earnings1.0%1,1461,1351,1221,0991,0811,0731,0369949751,0531,0271,005988962939913898954921893875
Shares Outstanding0.6%10510410510510410410310193.0062.0062.0062.0062.00-64.0064.00-----
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/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Cashflow From Operations26.4%87,60069,300129,100171,90057,70095,800169,400204,30064,90076,90099,30035,60070,500105,500153,600-32,10041,30070,6008,60050047,600
  Share Based Compensation174.4%2,900-3,9003,6002,7002,3009002,5003,8002,4001,4002,0003,1002,4001,9001,8002,4001,4001,4002,0002,7001,900
Cashflow From Investing797.1%531,900-76,300294,800166,600868,300-636,000-149,600-1,685,9001,522,500-246,100-199,200-715,500-959,200-233,700-256,200-1,406,10026,200-167,900-106,000269,200-12,100
Cashflow From Financing-6844.4%-562,500-8,100-511,300-738,700-715,800818,800-487,200-1,270,400-120,900280,500385,000432,300807,900544,400538,2001,994,000-275,100-95,500238,100-71,80073,500
  Dividend Payments-100.0%-48,70049,20048,90048,30049,00043,60044,80044,70025,40025,40025,50025,30023,70021,90021,80061,20020,20020,20020,10018,700
  Buy Backs-1,100---1,800100133,00064,5001,400---5,40037,90046,300-32,600--1002,400
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FIBK Income Statement

2024-03-31
Consolidated Statements of Income - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Interest income:  
Interest and fees on loans$ 252.1$ 235.6
Interest and dividends on investment securities:  
Taxable64.572.2
Exempt from federal taxes0.70.9
Other Interest and Dividend Income3.33.0
Interest on deposits in banks4.14.2
Total interest income324.7315.9
Interest expense:  
Interest on deposits79.140.3
Interest on securities sold under repurchase agreements2.31.1
Interest Expense, Other Short-term Borrowings35.631.2
Interest on long-term debt4.31.5
Interest on subordinated debentures held by subsidiary trusts3.32.9
Total interest expense124.677.0
Net interest income200.1238.9
Provision for credit losses5.315.2
Net interest income after provision for credit losses194.8223.7
Non-interest income:  
Payment Services Revenues18.418.7
Mortgage banking revenues1.72.3
Wealth management revenues9.29.0
Service Charges on Deposit Accounts6.05.2
Non-interest income2.22.4
Debt Securities, Available-for-sale, Gain (Loss)0.0(23.4)
Other income4.62.2
Total non-interest income42.116.4
Non-interest expense:  
Salaries and wages65.265.6
Employee benefits19.322.8
Outsourced technology services13.614.7
Occupancy, net12.312.5
Furniture and equipment5.05.9
OREO expense, net of income2.00.2
Professional fees6.84.5
FDIC insurance premiums7.45.7
Other intangibles amortization3.74.0
Other expenses24.929.9
Noninterest Expense160.2165.8
Income before income tax76.774.3
Provision for income tax18.318.0
Net income$ 58.4$ 56.3
Earnings per common share, basic (in dollars per share)$ 0.57$ 0.54
Earnings per common share, diluted (in dollars per share)$ 0.57$ 0.54
Weighted average common shares outstanding, basic (in shares)102,844,397103,737,664
Weighted average common shares outstanding, diluted (in shares)103,040,034103,818,719

FIBK Balance Sheet

2024-03-31
Consolidated Balance Sheets - USD ($)
$ in Millions
Mar. 31, 2024
Dec. 31, 2023
Assets  
Cash and due from banks$ 315.8$ 378.2
Interest bearing deposits in banks319.1199.7
Federal funds sold0.10.1
Total cash and cash equivalents635.0578.0
Investment securities:  
Available-for-sale, net of allowance for credit losses of $0.0 at March 31, 2024 and December 31, 2023 (amortized cost of $6,266.0 at March 31, 2024 and $6,307.8 at December 31, 2023)5,773.35,841.5
Held-to-maturity, net of allowance for credit losses of $0.7 at March 31, 2024 and $0.8 at December 31, 2023 (estimated fair values of $2,497.8 at March 31, 2024 and $2,874.0 at December 31, 2023)2,852.83,207.9
Total investment securities8,626.19,049.4
Federal Home Loan Bank Stock and Federal Reserve Bank Stock178.4223.2
Loans held for sale22.747.4
Loans held for investment, net of deferred fees and costs18,202.818,279.6
Allowance for credit losses(227.7)(227.7)
Net loans held for investment17,975.118,051.9
Goodwill1,100.91,100.9
Bank Owned Life Insurance504.7502.4
Premises and equipment, net of accumulated depreciation439.9444.3
Other intangibles, net of accumulated amortization77.781.4
Accrued interest receivable125.5129.1
Mortgage servicing rights, net of accumulated amortization27.628.3
Real Estate Acquired Through Foreclosure14.416.5
Deferred tax assets161.3150.0
Other assets255.5268.4
Total assets30,144.830,671.2
Deposits:  
Non-interest bearing5,900.36,029.6
Interest bearing16,909.717,293.5
Total deposits22,810.023,323.1
Securities sold under repurchase agreements794.2782.7
Accounts payable and accrued expenses386.0380.4
Accrued interest payable53.652.2
Long-term debt370.8120.8
Other Short-term Borrowings2,342.02,603.0
Allowance for credit losses on off-balance sheet credit exposures15.418.4
Subordinated debentures held by subsidiary trusts163.1163.1
Total liabilities26,935.127,443.7
Stockholders’ equity:  
Preferred stock, no par value; 100,000 shares authorized; none issued and outstanding0.00.0
Common stock and additional paid-in-capital, $0.00001 par value; 150,000,000 shares authorized; 104,571,623 and 103,941,626 shares were issued and outstanding at March 31, 2024 and December 31, 20232,450.72,448.9
Retained earnings1,145.91,135.1
Accumulated other comprehensive loss, net(386.9)(356.5)
Total stockholders’ equity3,209.73,227.5
Total liabilities and stockholders’ equity$ 30,144.8$ 30,671.2
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 May 13 2024, market cap of First Interstate BancSystem Inc is 2.88 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 May 13 2024, FIBK's PE ratio (Price to Earnings) is 11.09 and Price to Sales (PS) ratio is 2.23. 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 0.042 (multiply by 100 for percentage) rate of return.