Inside the research
First Interstate BancSystem, Inc.
FIBK Research profile · latest available data
Price overview
$36.91
▲ +0.40 (+1.1%)
| 52w hi | $39.73 |
|---|---|
| 52w lo | $27.83 |
| Vol | 1.65M |
| As of | 25 Sep 2026 |
The Verdict
Our score +0.16
| Short | +0.14 |
|---|---|
| Medium | +0.11 |
| Long | +0.29 |
computed 2026-09-27
Key fundamentals
First Interstate BancSystem, Inc.
Financial Services · Banks - Regional
| Market cap | $3.52B |
|---|---|
| Enterprise value | $3.15B |
| Trailing P/E | 11.29x |
| Forward P/E | 12.96x |
| P / S (ttm) | 3.32x |
| Profit margin | 30.6% |
| Return on equity | 9.6% |
| Revenue growth | +7.4% |
| Earnings growth | +25.9% |
Layer Breakdown
| Layer | Raw | Contribution |
|---|---|---|
| Fundamental | +0.34 | |
| Sector | +0.02 | |
| Technical | -0.08 | |
| Earnings | +0.00 | |
| Sentiment | +0.29 |
macro × 1.00 · 2026-09-27
Business overview
First Interstate BancSystem, Inc. operates as a bank holding company for First Interstate Bank that provides a range of banking products and services in the United States. The company offers various traditional depository products, including checking, savings, and time deposits; and repurchase agreements primarily for commercial and municipal depositors. It also provides a range of trust, employee benefit, investment management, insurance, agency, and custodial services, including administration of estates and personal trusts; manages investment accounts for individuals; employee benefit plans and charitable foundations; and insurance planning. The company's loan portfolio includes real estate loans, such as commercial real estate, construction, residential, agricultural, and other real estate loans; consumer loans, including 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 offers marketing, credit review, loan servicing, credit cards servicing, mortgage loan sales and servicing, indirect consumer loan 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 formerly known as First Interstate Bancsystem Of Montana, Inc. and changed its name to First Interstate BancSystem, Inc. in June 1993. The company was founded in 1879 and is headquartered in Billings, Montana.
Risk Metrics
| Beta vs SPX | 1.09 |
|---|---|
| Corr SPX | 0.56 |
| Annual vol | 31.4% |
| Annual ret | +13.7% |
| Sharpe | 0.44 |
| Max DD | -32.7% |
Window: 504 trading days (504 obs)
Material Events
| Date | Event | 8-K |
|---|---|---|
| 2026-07-23 | Earnings Release, Reg FD Disclosure… | read |
| 2026-07-16 | Officer / Director Change, Exhibits | read |
| 2026-07-09 | Officer / Director Change, Exhibits | read |
| 2026-05-29 | Officer / Director Change, Bylaws Amendment… | read |
| 2026-05-13 | Officer / Director Change, Exhibits | read |
| 2026-04-29 | Earnings Release, Reg FD Disclosure… | read |
| 2026-01-28 | Earnings Release, Reg FD Disclosure… | read |
| 2025-11-18 | Officer / Director Change, Exhibits | read |
| 2025-10-29 | Earnings Release, Reg FD Disclosure… | read |
| 2025-10-16 | Reg FD Disclosure, Exhibits | read |
| 2025-10-14 | Reg FD Disclosure, Exhibits | read |
| 2025-09-09 | Officer / Director Change, Reg FD Disclosure… | read |
Insider Trades
| Date | Insider | Role | Action | Shares | Value |
|---|---|---|---|---|---|
| 2026-07-22 | Ritter Matthew John | Grant | 1.81K | $70.38K | |
| 2026-07-22 | TURNER BRIAN KEVIN | Grant | 1.81K | $70.38K | |
| 2026-06-01 | SCUDDER MICHAEL L | Grant | 2.25K | — | |
| 2026-06-01 | Shepler Christopher L. | Chief Banking Officer | Grant | 3.37K | — |
Flow & Concentration
| Insider 180d net | $0 |
|---|---|
| Insider buys / sells | 0 / 0 |
| Insider bias | Neutral |
| 13F holders | 0 |
| Top-5 share | 0.0% |
| HHI | 0 (—) |
SEC Filings
The Long Run
FY 2011–2025 · 15 years
| Line | Latest | CAGR | Trend |
|---|---|---|---|
| Net income | $257.50M | +13.4% | |
| Cash from ops | $355.00M | +6.7% |
Indices
Recent Sessions
| Date | Open | High | Low | Close | Vol |
|---|---|---|---|---|---|
| Sep 25 | $36.66 | $37.16 | $36.65 | $36.91 | 1.65M |
| Sep 24 | $36.02 | $36.63 | $36.02 | $36.51 | 1.03M |
| Sep 23 | $36.33 | $36.62 | $36.02 | $36.02 | 1.06M |
| Sep 22 | $36.96 | $37.13 | $36.54 | $36.54 | 1.21M |
| Sep 21 | $37.41 | $37.62 | $36.82 | $36.83 | 1.16M |
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