First Financial Statements From 2010 to 2025

FIBK Stock  USD 32.54  0.01  0.03%   
First Interstate financial statements provide useful quarterly and yearly information to potential First Interstate BancSystem investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on First Interstate financial statements helps investors assess First Interstate's valuation, profitability, and current liquidity needs. Key fundamental drivers impacting First Interstate's valuation are summarized below:
Gross Profit
951.2 M
Profit Margin
0.2475
Market Capitalization
3.4 B
Enterprise Value Revenue
5.835
Revenue
951.2 M
There are currently one hundred twenty fundamental signals for First Interstate BancSystem that can be evaluated and compared over time across rivals. We recommend to verify First Interstate's prevailing fundamental drivers against the all of the trends between 2010 and 2025. Market Cap is expected to rise to about 3 B this year. Enterprise Value is expected to rise to about 5.2 B this year

First Interstate Total Revenue

160.6 Million

Check First Interstate financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among First Interstate's main balance sheet or income statement drivers, such as Depreciation And Amortization of 18.4 M, Interest Expense of 793.1 M or Selling General Administrative of 450.2 M, as well as many indicators such as Price To Sales Ratio of 2.26, Dividend Yield of 0.0275 or PTB Ratio of 1.42. First financial statements analysis is a perfect complement when working with First Interstate Valuation or Volatility modules.
  
Check out the analysis of First Interstate Correlation against competitors.

First Interstate Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Total Assets37 B35.3 B16.6 B
Slightly volatile
Short and Long Term Debt Total3.5 B3.3 B1.5 B
Slightly volatile
Total Current Liabilities20.2 B19.2 B3.6 B
Slightly volatile
Total Stockholder Equity3.9 B3.7 B1.8 B
Slightly volatile
Property Plant And Equipment Net536.5 M510.9 M285.4 M
Slightly volatile
Retained Earnings658.1 M1.3 B770.8 M
Slightly volatile
Accounts Payable522.4 M497.5 M178.8 M
Slightly volatile
Cash789.5 M664.6 M913.1 M
Slightly volatile
Non Current Assets Total36 B34.3 B9.5 B
Slightly volatile
Other Assets509.4 M536.2 M8.3 B
Slightly volatile
Cash And Short Term Investments414.1 M435.9 M2.9 B
Pretty Stable
Net Receivables155.9 M148.5 M60.8 M
Slightly volatile
Good Will1.3 B1.3 B589 M
Slightly volatile
Common Stock Shares Outstanding125.3 M119.3 M65.6 M
Slightly volatile
Liabilities And Stockholders Equity37 B35.3 B16.6 B
Slightly volatile
Non Current Liabilities Total33.1 B31.6 B5.9 B
Slightly volatile
Other Current Assets618.7 M651.2 M2.8 B
Slightly volatile
Total Liabilities33.1 B31.6 B14.8 B
Slightly volatile
Property Plant And Equipment Gross813.3 M774.5 M359.7 M
Slightly volatile
Total Current Assets414.1 M435.9 M5.1 B
Pretty Stable
Short Term Debt3.1 BB1.5 B
Slightly volatile
Intangible Assets132.5 M126.2 M40.4 M
Slightly volatile
Common StockB2.8 B1.1 B
Slightly volatile
Other Liabilities13.9 M14.6 M47 M
Slightly volatile
Long Term Debt336.8 M325.4 M325.2 M
Slightly volatile
Property Plant Equipment269.9 M511.4 M282.6 M
Slightly volatile
Net Tangible Assets1.1 B2.2 B1.1 B
Slightly volatile
Common Stock Total EquityB2.8 B1.1 B
Slightly volatile
Long Term Debt Total342.8 M326.5 M177.4 M
Slightly volatile
Long Term InvestmentsB10.4 B7.1 B
Slightly volatile
Non Current Liabilities Other789.5 M1.2 B750.1 M
Slightly volatile
Short and Long Term Debt3.1 BB1.4 B
Slightly volatile
Earning Assets3.6 B4.6 B3.4 B
Slightly volatile
Capital Lease Obligations916.2 K810 K1.3 M
Slightly volatile
Net Invested Capital7.4 BB2.9 B
Slightly volatile
Capital Stock1.6 B2.8 B1.3 B
Slightly volatile

First Interstate Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Depreciation And Amortization18.4 M18.1 M16.3 M
Slightly volatile
Interest Expense793.1 M755.3 M166.8 M
Slightly volatile
Selling General Administrative450.2 M428.7 M216 M
Slightly volatile
Total Revenue160.6 M169.1 M437 M
Pretty Stable
Gross Profit82.4 M86.7 M418.1 M
Very volatile
Other Operating Expenses78.2 M82.3 M194 M
Very volatile
Operating Income210.2 M387.3 M216.5 M
Slightly volatile
EBIT202.2 M387.3 M206 M
Slightly volatile
EBITDA219.8 M387.3 M220.2 M
Slightly volatile
Income Before Tax406.7 M387.3 M199.3 M
Slightly volatile
Net Income310.9 M296.1 M147.4 M
Slightly volatile
Income Tax Expense95.8 M91.2 M52 M
Slightly volatile
Net Income Applicable To Common Shares117.6 M232.5 M129.5 M
Slightly volatile
Preferred Stock And Other Adjustments2.7 MM3.3 M
Slightly volatile
Net Income From Continuing Ops204.3 M324.1 M186.7 M
Slightly volatile
Selling And Marketing Expenses769.5 K810 K2.9 M
Slightly volatile
Non Recurring32.8 M31.2 M17.4 M
Slightly volatile
Tax Provision59.5 M96.7 M53.8 M
Slightly volatile
Net Interest Income571.8 M1.1 B477.6 M
Slightly volatile
Interest Income1.5 B1.4 B597.2 M
Slightly volatile
Reconciled Depreciation33 M62.8 M27.2 M
Slightly volatile
Extraordinary Items1.8 MM2.2 M
Slightly volatile

First Interstate Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Begin Period Cash Flow796.5 MB943.5 M
Slightly volatile
Depreciation65 M61.9 M33 M
Slightly volatile
Dividends Paid235.6 M224.4 M90.2 M
Slightly volatile
Capital Expenditures24.1 M25.4 M24 M
Pretty Stable
Total Cash From Operating Activities516.8 M492.2 M242.2 M
Slightly volatile
Net Income310.9 M296.1 M147.4 M
Slightly volatile
End Period Cash Flow833.4 M664.7 M919.2 M
Slightly volatile
Change To Inventory2.2 M2.3 M12 M
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio2.262.83.2902
Pretty Stable
Dividend Yield0.02750.0550.0346
Slightly volatile
PTB Ratio1.421.141.3308
Pretty Stable
Days Sales Outstanding37.0632.7329.899
Very volatile
Book Value Per Share16.3127.9823.8724
Slightly volatile
Operating Cash Flow Per Share2.423.713.3145
Slightly volatile
Stock Based Compensation To Revenue0.00620.00410.0084
Very volatile
Capex To Depreciation0.570.61.2771
Slightly volatile
PB Ratio1.421.141.3308
Pretty Stable
ROIC0.01770.0090.0136
Pretty Stable
Net Income Per Share1.572.232.0628
Slightly volatile
Payables Turnover0.160.150.0961
Slightly volatile
Sales General And Administrative To Revenue0.270.320.3369
Slightly volatile
Capex To Revenue0.030.03160.0699
Slightly volatile
Cash Per Share3.123.2951.6705
Pretty Stable
POCF Ratio6.996.719.5693
Very volatile
Interest Coverage0.720.765.6534
Pretty Stable
Payout Ratio0.350.680.4996
Slightly volatile
Capex To Operating Cash Flow0.0720.07580.2039
Slightly volatile
Days Payables Outstanding2.4 K2.5 K32.8 K
Pretty Stable
Income Quality1.321.51.6883
Slightly volatile
ROE0.120.09180.0913
Very volatile
PE Ratio10.511.1614.5259
Very volatile
Return On Tangible Assets0.01110.01010.0098
Pretty Stable
Earnings Yield0.09250.09270.0714
Pretty Stable
Intangibles To Total Assets0.02280.03550.0333
Slightly volatile
Current Ratio18.8319.8299.5835
Slightly volatile
Tangible Book Value Per Share11.2317.4815.909
Slightly volatile
Receivables Turnover8.9111.5412.325
Very volatile
Graham Number23.7437.4833.1574
Slightly volatile
Shareholders Equity Per Share16.3127.9823.8724
Slightly volatile
Debt To Equity0.850.810.2995
Slightly volatile
Capex Per Share0.30.310.5235
Slightly volatile
Revenue Per Share7.168.898.9629
Slightly volatile
Interest Debt Per Share29.9328.59.6233
Slightly volatile
Debt To Assets0.08890.08470.0308
Slightly volatile
Short Term Coverage Ratios0.180.190.7143
Slightly volatile
Price Earnings Ratio10.511.1614.5259
Very volatile
Price Book Value Ratio1.421.141.3308
Pretty Stable
Days Of Payables Outstanding2.4 K2.5 K32.8 K
Pretty Stable
Dividend Payout Ratio0.350.680.4996
Slightly volatile
Price To Operating Cash Flows Ratio6.996.719.5693
Very volatile
Pretax Profit Margin0.250.30.3127
Very volatile
Ebt Per Ebit0.510.620.6993
Pretty Stable
Operating Profit Margin0.520.380.4067
Pretty Stable
Effective Tax Rate0.340.270.293
Slightly volatile
Company Equity Multiplier11.6910.939.8066
Pretty Stable
Long Term Debt To Capitalization0.110.09270.0858
Slightly volatile
Total Debt To Capitalization0.570.540.2043
Slightly volatile
Return On Capital Employed0.02480.01260.0175
Slightly volatile
Debt Equity Ratio0.850.810.2995
Slightly volatile
Ebit Per Revenue0.520.380.4067
Pretty Stable
Quick Ratio21.2122.32103
Slightly volatile
Dividend Paid And Capex Coverage Ratio1.861.732.5704
Slightly volatile
Net Income Per E B T0.550.690.6976
Slightly volatile
Cash Ratio2.072.1712.3124
Slightly volatile
Operating Cash Flow Sales Ratio0.270.380.3616
Very volatile
Days Of Sales Outstanding37.0632.7329.899
Very volatile
Cash Flow Coverage Ratios0.130.14831.0569
Slightly volatile
Price To Book Ratio1.421.141.3308
Pretty Stable
Fixed Asset Turnover1.642.082.0652
Pretty Stable
Capital Expenditure Coverage Ratio10.6613.6616.5855
Pretty Stable
Price Cash Flow Ratio6.996.719.5693
Very volatile
Debt Ratio0.08890.08470.0308
Slightly volatile
Cash Flow To Debt Ratio0.130.14831.0569
Slightly volatile
Price Sales Ratio2.262.83.2902
Pretty Stable
Return On Assets0.01080.00970.0095
Pretty Stable
Asset Turnover0.05030.03850.0425
Slightly volatile
Net Profit Margin0.180.230.2233
Slightly volatile
Gross Profit Margin1.070.93020.9793
Very volatile
Price Fair Value1.421.141.3308
Pretty Stable
Return On Equity0.120.09180.0913
Very volatile

First Interstate Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Market CapB2.9 BB
Slightly volatile

First Fundamental Market Drivers

Forward Price Earnings13.5685
Cash And Short Term Investments379 M

First Upcoming Events

24th of April 2024
Upcoming Quarterly Report
View
24th of July 2024
Next Financial Report
View
31st of March 2024
Next Fiscal Quarter End
View
4th of February 2025
Next Fiscal Year End
View
31st of December 2023
Last Quarter Report
View
31st of December 2023
Last Financial Announcement
View

About First Interstate Financial Statements

First Interstate investors utilize fundamental indicators, such as revenue or net income, to predict how First Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Current Deferred Revenue-389.3 M-408.8 M
Total Revenue169.1 M160.6 M
Cost Of Revenue64.4 M47.9 M
Stock Based Compensation To Revenue 0.00  0.01 
Sales General And Administrative To Revenue 0.32  0.27 
Capex To Revenue 0.03  0.03 
Revenue Per Share 8.89  7.16 
Ebit Per Revenue 0.38  0.52 

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When determining whether First Interstate Ban is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if First Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about First Interstate Bancsystem Stock. Highlighted below are key reports to facilitate an investment decision about First Interstate Bancsystem Stock:
Check out the analysis of First Interstate Correlation against competitors.
You can also try the Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.
Is Regional Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of First Interstate. If investors know First will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about First Interstate listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.23)
Dividend Share
1.88
Earnings Share
2.28
Revenue Per Share
9.226
Quarterly Revenue Growth
(0.09)
The market value of First Interstate Ban is measured differently than its book value, which is the value of First that is recorded on the company's balance sheet. Investors also form their own opinion of First Interstate's value that differs from its market value or its book value, called intrinsic value, which is First Interstate's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because First Interstate's market value can be influenced by many factors that don't directly affect First Interstate's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between First Interstate's value and its price as these two are different measures arrived at by different means. Investors typically determine if First Interstate is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, First Interstate's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.