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First Interstate BancSystem Inc (FIBK)

NASDAQ
Currency in USD
34.50
+0.19(+0.55%)
Closed
After Hours
34.500.00(0.00%)
FIBK Scorecard
Full Analysis
High shareholder yield
High dividend Yield
Fair Value
Day's Range
34.0134.59
52 wk Range
24.1636.77
Key Statistics
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Prev. Close
34.5
Open
34.36
Day's Range
34.01-34.59
52 wk Range
24.16-36.77
Volume
585.98K
Average Volume (3m)
564.83K
1-Year Change
28.25%
Book Value / Share
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Fair Value
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Fair Value Upside
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FIBK Scorecardpro icon
Company’s Health
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Fair Value
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Fair Pricepro lock
Upsidepro lock
Price Target
34.00
Downside
-1.45%
Members' Sentiments
Bearish
Bullish
ProTips
4 analysts have revised their earnings downwards for the upcoming period
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First Interstate BancSystem Inc Company Profile

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. The company 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.

Sector
Financial
Employees
3585

First Interstate BancSystem Inc SWOT Analysis


Mixed Signals
First Interstate BancSystem's stock shows resilience amid challenges, with Q2 2024 EPS of $0.58 surpassing estimates, driven by lower expenses and improved net interest income.
Margin Expansion
Explore FIBK's continued net interest margin growth, a key strength in the current banking landscape, supported by stable deposit costs and efficient management.
Growth Concerns
Delve into analysts' worries about FIBK's slower growth compared to peers, leading to downward revisions in guidance despite solid pre-provision net revenue performance.
Future Prospects
Analyst price targets range from $30 to $37, reflecting varied views on FIBK's potential for accelerating balance sheet growth and leveraging its stable market position.
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First Interstate BancSystem Inc Earnings Call Summary for Q4/2024

  • Q3 net income: $55.5M ($0.54/share); net interest margin up to 2.97%, expected to exceed 3% in Q4
  • CEO Kevin Riley retiring; Jim Reuter introduced as successor; $0.47/share dividend declared
  • Credit quality improved despite $27.4M in charge-offs; continued margin expansion expected into 2025
  • Noninterest income up 3% to $46.4M; deposits flat with 1% increase excluding temporary outflow
  • Anticipating 20-25 basis points in net charge-offs next quarter; adequate reserves for C&I relationship resolution
Last Updated: 10/26/2024, 02:38 AM
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Compare FIBK to Peers and Sector

Metrics to compare
FIBK
Peers
Sector
Relationship
P/E Ratio
15.3x10.6x8.7x
PEG Ratio
−0.960.290.03
Price/Book
1.1x1.1x1.0x
Price / LTM Sales
3.8x3.8x2.8x
Upside (Analyst Target)
−6.7%5.7%10.4%
Fair Value Upside
Unlock13.4%2.7%Unlock

Analysts' Recommendations

3 Buy
2 Hold
2 Sell
Ratings:
7 analysts
Overall Consensus
Neutral

Analysts 12-Month Price Target:

Average 34.00

(-1.45% Downside)

Dividends

Payout Ratio
Payout ratio (TTM)
Earnings retained
EPS 2.28
Dividend Yield
5.45%
Industry Median 4.56%
Annualized payout
1.8800
Paid quarterly
5-Years Growth
+8.68%
Growth Streak

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FAQ

What Is the First Interstate BancSystem (FIBK) Stock Price Today?

The First Interstate BancSystem stock price today is 34.50

What Stock Exchange Does First Interstate BancSystem Trade On?

First Interstate BancSystem is listed and trades on the NASDAQ stock exchange.

What Is the Stock Symbol for First Interstate BancSystem?

The stock symbol for First Interstate BancSystem is "FIBK."

Does First Interstate BancSystem Pay Dividends? What’s The Current Dividend Yield?

The First Interstate BancSystem dividend yield is 5.45%.

What Is the First Interstate BancSystem Market Cap?

As of today, First Interstate BancSystem market cap is 3.61B.

What is First Interstate BancSystem Earnings Per Share?

The First Interstate BancSystem EPS is 2.28.

What Is the Next First Interstate BancSystem Earnings Date?

First Interstate BancSystem will release its next earnings report on Jan 28, 2025.

From a Technical Analysis Perspective, Is FIBK a Buy or Sell?

Based on moving averages and other technical indicators, the daily buy/sell signal is Buy.
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