First Interstate BancSystem, Inc. (FIBK)
| Market Cap | 2.66B |
| Revenue (ttm) | 993.60M |
| Net Income (ttm) | 257.50M |
| Shares Out | 103.94M |
| EPS (ttm) | 2.48 |
| PE Ratio | 10.32 |
| Forward PE | 10.41 |
| Dividend | $1.88 (7.34%) |
| Ex-Dividend Date | Feb 8, 2024 |
| Volume | 624,858 |
| Open | 24.56 |
| Previous Close | 24.70 |
| Day's Range | 24.55 - 25.63 |
| 52-Week Range | 20.81 - 32.54 |
| Beta | 0.87 |
| Analysts | Hold |
| Price Target | 29.20 (+14.06%) |
| Earnings Date | Apr 24, 2024 |
About 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... [Read more]
Financial Performance
In 2023, FIBK's revenue was $993.60 million, a decrease of -2.88% compared to the previous year's $1.02 billion. Earnings were $257.50 million, an increase of 27.35%.
Financial StatementsAnalyst Forecast
According to 6 analysts, the average rating for FIBK stock is "Hold." The 12-month stock price forecast is $29.2, which is an increase of 14.06% from the latest price.
News
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 Wednesday, Apr...
First Interstate BancSystem, Inc. Reports Fourth Quarter Earnings
BILLINGS, Mont.--(BUSINESS WIRE)--First Interstate BancSystem, Inc. (NASDAQ: FIBK) (the “Company”) today reported financial results for the fourth quarter of 2023. For the quarter, the Company reporte...
First Interstate BancSystem, Inc. Announces Fourth Quarter Earnings Release and Conference Call
BILLINGS, Mont.--(BUSINESS WIRE)--First Interstate BancSystem, Inc. (NASDAQ: FIBK), parent company of First Interstate Bank, will report fourth quarter results after the market closes on Tuesday, Janu...
KBW Announces Index Rebalancing for Fourth-Quarter 2023
NEW YORK, Dec. 08, 2023 (GLOBE NEWSWIRE) -- Keefe, Bruyette & Woods, Inc., a leading specialist investment bank to the financial services and fintech sectors, and a wholly owned subsidiary of Stifel F...
Lori A. Meyer Named Chief Information Officer at First Interstate
BILLINGS, Mont.--(BUSINESS WIRE)--First Interstate BancSystem, Inc. (NASDAQ: FIBK) (“First Interstate” or the “Company”) has appointed Lori A. Meyer as Executive Vice President and Chief Information O...
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 2023. For the quarter, the Company reported...
First Interstate BancSystem, Inc. Announces Third Quarter Earnings Release and Conference Call
BILLINGS, MT--(BUSINESS WIRE)--First Interstate BancSystem, Inc. (NASDAQ: FIBK), parent company of First Interstate Bank, will report third quarter results after the market closes on Wednesday, Octobe...
Wells Fargo downgrades four regional banks and highlights four top names in analyst shift
Wells Fargo analyst Timur Braziler downgraded four U.S. regional banks Wednesday, sharing his four top picks as he assumed coverage of the sector.
Lorrie L. Asker Named Chief Banking Officer at First Interstate
BILLINGS, Mont.--(BUSINESS WIRE)--First Interstate BancSystem, Inc. (NASDAQ: FIBK) (“First Interstate” or the “Company”) has appointed Lorrie L. Asker as Executive Vice President and Chief Banking Off...
First Interstate Subscribes to Two Community Solar Gardens to Increase Sustainability
BILLINGS, Mont.--(BUSINESS WIRE)--First Interstate BancSystem, Inc. (NASDAQ: FIBK) is increasing its sustainability efforts by subscribing to two community solar gardens — one in Iowa and one in Orego...
First Interstate BancSystem, Inc. Reports Second Quarter Earnings
BILLINGS, Mont.--(BUSINESS WIRE)--First Interstate BancSystem, Inc. (NASDAQ: FIBK) today reported financial results for the second quarter of 2023. For the quarter, the Company reported net income of ...
First Interstate BancSystem, Inc. Announces Second Quarter Earnings Release and Conference Call
BILLINGS, Mont.--(BUSINESS WIRE)--First Interstate BancSystem, Inc. (NASDAQ: FIBK), parent company of First Interstate Bank, will report second quarter results after the market closes on Wednesday, Ju...
First Interstate BancSystem, Inc. Reports First Quarter Earnings
BILLINGS, Mont.--(BUSINESS WIRE)--First Interstate BancSystem, Inc. (NASDAQ: FIBK) today reported financial results for the first quarter of 2023. For the quarter, the Company reported net income of $...
Wells Fargo's Jared Shaw previews regional banks with deposit tailwinds ahead of earnings
Jared Shaw, Wells Fargo bank analyst, joins 'The Exchange' to discuss regional banks ahead of the sector reporting earnings.
First Interstate BancSystem, Inc. Reports Third Quarter Earnings and Announces a 14.6% Increase in the Quarterly Cash Dividend to $0.47 per Share
BILLINGS, Mont.
Ashley Hayslip Joins First Interstate as Chief Banking Officer
BILLINGS, Mont.--(BUSINESS WIRE)--First Interstate BancSystem, Inc. (NASDAQ: FIBK) is pleased to announce that Ashley Hayslip has accepted her appointment, effective November 28, 2022, as Executive Vi...
First Interstate Bank Completes Expansion into Eight New States with Great Western Bank Conversion
BILLINGS, Mont.--(BUSINESS WIRE)--First Interstate BancSystem, Inc. (NASDAQ: FIBK), parent company of First Interstate Bank, announced that effective today, all Great Western Bank locations are now op...
First Interstate BancSystem, Inc. Announces Effectiveness of Automatic Conversion of its Class B Common Stock into Class A Common Stock
BILLINGS, Mont.--(BUSINESS WIRE)--First Interstate BancSystem, Inc. (NASDAQ: FIBK) (“FIBK”), parent company of First Interstate Bank, announced today that all outstanding shares of its Class B common ...
First Interstate BancSystem, Inc. Completes Merger with Great Western Bancorp, Inc.
BILLINGS, Mont.--(BUSINESS WIRE)--First Interstate BancSystem, Inc. (NASDAQ: FIBK) (“FIBK”), parent company of First Interstate Bank, announced that effective today, it has completed its previously an...
First Interstate BancSystem Announces New Members of Executive Team
BILLINGS, Mont.--(BUSINESS WIRE)--First Interstate BancSystem, Inc. (NASDAQ: FIBK) (“FIBK”), parent company of First Interstate Bank, announced today that it expects Scott Erkonen and Karlyn Knieriem ...
First Interstate Bank Transforms Overdraft Practices to Protect Consumers
BILLINGS, Mont.--(BUSINESS WIRE)--First Interstate BancSystem Inc. (NASDAQ: FIBK), parent company of First Interstate Bank, announced significant changes to its consumer overdraft practices, reducing ...
First Interstate BancSystem and Great Western Bancorp Receive Final Regulatory and Shareholder Approvals to Merge
BILLINGS, Mont. & SIOUX FALLS, S.D.--(BUSINESS WIRE)--First Interstate BancSystem, Inc. (NASDAQ: FIBK) (“FIBK”), parent company of First Interstate Bank, and Great Western Bancorp, Inc. (NYSE: GWB) (“...
First Interstate BancSystem Receives Regulatory Approvals from the Federal Reserve System and Montana Division of Banking for Great Western Bancorp Merger
BILLINGS, Mont. & SIOUX FALLS, S.D.--(BUSINESS WIRE)--First Interstate BancSystem, Inc. (NASDAQ: FIBK) (“FIBK”), parent company of First Interstate Bank, and Great Western Bancorp, Inc. (NYSE: GWB) (“...
SHAREHOLDER INVESTIGATION: Halper Sadeh LLP Investigates ACBI, GTS, ADTN, FIBK; Shareholders are Encouraged to Contact the Firm
NEW YORK, Oct. 28, 2021 /PRNewswire/ -- Halper Sadeh LLP, a global investor rights law firm, announces it is investigating the following companies: Atlantic Capital Bancshares, Inc. (NASDAQ: ACBI) con...
Recap: First Interstate BancSys Q3 Earnings
First Interstate BancSys (NASDAQ:FIBK) reported its Q3 earnings results on Tuesday, October 26, 2021 at 04:00 PM. Here's what investors need to know about the announcement.