First Financial Statements From 2010 to 2026

FIBK Stock  USD 35.30  0.70  2.02%   
Analyzing historical trends in various income statement and balance sheet accounts from First Interstate's financial statements helps investors evaluate the company's valuation, profitability, and current liquidity needs. Key fundamental drivers impacting First Interstate's valuation are summarized below:
Gross Profit
953.7 M
Profit Margin
0.2573
Market Capitalization
3.6 B
Enterprise Value Revenue
3.842
Revenue
953.7 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 2026. The value of Market Cap is estimated to slide to about 1.6 B. The Enterprise Value is projected to slide to about 1.6 B

First Interstate Total Revenue

1.79 Billion

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 68.8 M, Interest Expense of 580.7 M or Selling General Administrative of 448.3 M, as well as many indicators such as Price To Sales Ratio of 2.01, Dividend Yield of 0.0284 or PTB Ratio of 1.41. First financial statements analysis is a perfect complement when working with First Interstate Valuation or Volatility modules.
  
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Check out the analysis of First Interstate Correlation against competitors.

First Interstate Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Common Stock Shares Outstanding124.6 M118.7 M66.3 M
Slightly volatile
Total Assets35.2 B33.5 B17.1 B
Slightly volatile
Short and Long Term Debt Total2.9 B2.7 B1.6 B
Slightly volatile
Total Current Liabilities30.8 B29.4 B7.7 B
Slightly volatile
Total Stockholder EquityB3.8 B1.9 B
Slightly volatile
Property Plant And Equipment Net515.8 M491.3 M291.4 M
Slightly volatile
Retained Earnings685.3 M1.3 B797.8 M
Slightly volatile
Accounts Payable514.3 M489.8 M194.9 M
Slightly volatile
Cash798.2 MB934.2 M
Slightly volatile
Non Current Assets Total33.9 B32.3 B10.4 B
Slightly volatile
Other Assets23.2 B22.1 B11.5 B
Slightly volatile
Cash And Short Term InvestmentsB1.1 B3.3 B
Slightly volatile
Net Receivables141 M134.3 M62.4 M
Slightly volatile
Good Will1.3 B1.3 B618.8 M
Slightly volatile
Liabilities And Stockholders Equity35.2 B33.5 B17.1 B
Slightly volatile
Non Current Liabilities Total174.9 M345.6 M185.5 M
Slightly volatile
Other Current Assets618.7 M651.2 M2.6 B
Slightly volatile
Total Liabilities31.2 B29.7 B15.2 B
Slightly volatile
Property Plant And Equipment Gross812.8 M774.1 M378.1 M
Slightly volatile
Total Current Assets1.2 B1.2 B4.9 B
Very volatile
Short Term Debt2.5 B2.4 B1.5 B
Slightly volatile
Intangible Assets111.7 M106.4 M41.3 M
Slightly volatile
Short Term Investments69.8 M73.5 M2.4 B
Pretty Stable
Common StockB2.8 B1.1 B
Slightly volatile
Other Liabilities13.9 M14.6 M45.2 M
Slightly volatile
Long Term Debt336 M338.7 M324.1 M
Slightly volatile
Property Plant Equipment269.9 M511.4 M292.1 M
Slightly volatile
Net Tangible Assets1.1 B2.2 B1.1 B
Slightly volatile
Common Stock Total EquityB2.8 B1.2 B
Slightly volatile
Long Term Debt Total342.8 M326.5 M183.7 M
Slightly volatile
Long Term InvestmentsB8.9 B7.1 B
Slightly volatile
Non Current Liabilities Other789.5 M1.2 B768.8 M
Slightly volatile
Short and Long Term Debt1.3 B1.8 B1.2 B
Slightly volatile
Earning Assets3.6 B4.6 B3.4 B
Slightly volatile
Capital Lease Obligations881.7 K720 K1.2 M
Slightly volatile
Net Invested Capital3.7 B5.9 B2.8 B
Slightly volatile
Capital Stock1.8 B2.8 B1.3 B
Slightly volatile

First Interstate Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Depreciation And Amortization68.8 M65.5 M32.6 M
Slightly volatile
Interest Expense580.7 M553 M160.9 M
Slightly volatile
Selling General Administrative448.3 M427 M228.5 M
Slightly volatile
Total Revenue1.8 B1.7 B710.9 M
Slightly volatile
Gross Profit1.1 B1.1 B555.1 M
Slightly volatile
Other Operating Expenses1.4 B1.4 B527.2 M
Slightly volatile
Operating Income355.6 M338.7 M199.1 M
Slightly volatile
EBIT355.6 M338.7 M199.1 M
Slightly volatile
EBITDA424.4 M404.2 M230.7 M
Slightly volatile
Cost Of Revenue662.6 M631 M155.8 M
Slightly volatile
Total Operating Expenses769.7 M733 M386.8 M
Slightly volatile
Income Before Tax355.6 M338.7 M199.1 M
Slightly volatile
Net Income272.9 M259.9 M147.6 M
Slightly volatile
Income Tax Expense45.3 M78.8 M49.2 M
Slightly volatile
Net Income Applicable To Common Shares117.6 M232.5 M133.8 M
Slightly volatile
Preferred Stock And Other Adjustments2.7 MM3.3 M
Slightly volatile
Net Income From Continuing Ops207.5 M259.9 M185.5 M
Slightly volatile
Selling And Marketing Expenses769.5 K810 K2.8 M
Slightly volatile
Non Recurring32.8 M31.2 M17.9 M
Slightly volatile
Tax Provision61 M78.8 M53.7 M
Slightly volatile
Net Interest Income605 M944.8 M492.5 M
Slightly volatile
Interest Income1.6 B1.5 B644.6 M
Slightly volatile
Reconciled Depreciation36.7 M65.5 M29.3 M
Slightly volatile
Extraordinary Items1.8 MM2.2 M
Slightly volatile

First Interstate Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Free Cash Flow400.9 M381.8 M223.1 M
Slightly volatile
Begin Period Cash Flow789.5 M664.7 M901.8 M
Slightly volatile
Depreciation68.8 M65.5 M34.8 M
Slightly volatile
Capital Expenditures19.7 M20.7 M23.3 M
Slightly volatile
Total Cash From Operating Activities428.7 M408.2 M238.6 M
Slightly volatile
Net Income272.9 M259.9 M147.6 M
Slightly volatile
End Period Cash Flow831.2 MB939.3 M
Slightly volatile
Change To Inventory2.2 M2.3 M11.5 M
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio2.012.032.9478
Very volatile
Dividend Yield0.02840.05270.036
Slightly volatile
PTB Ratio1.411.161.3128
Pretty Stable
Days Sales Outstanding31.4233.1128.436
Slightly volatile
Book Value Per Share16.7228.8824.4296
Slightly volatile
Free Cash Flow Yield0.140.110.1128
Slightly volatile
Operating Cash Flow Per Share2.453.13.2872
Slightly volatile
Stock Based Compensation To Revenue0.00550.00720.0079
Pretty Stable
Capex To Depreciation0.580.460.5724
Pretty Stable
PB Ratio1.411.161.3128
Pretty Stable
EV To Sales2.322.943.0966
Slightly volatile
Free Cash Flow Per Share2.32.93.0658
Slightly volatile
ROIC0.05530.04560.0501
Pretty Stable
Net Income Per Share1.581.982.0562
Slightly volatile
Payables Turnover1.411.481.0206
Slightly volatile
Sales General And Administrative To Revenue0.240.230.3059
Slightly volatile
Capex To Revenue0.02780.01790.0273
Slightly volatile
Cash Per Share7.978.3952.9644
Pretty Stable
POCF Ratio6.948.489.6636
Very volatile
Interest Coverage0.520.554.5156
Pretty Stable
Payout Ratio0.820.780.5547
Slightly volatile
Capex To Operating Cash Flow0.09160.07450.0893
Slightly volatile
PFCF Ratio7.539.0610.5744
Very volatile
Days Payables Outstanding2422551.8 K
Pretty Stable
Income Quality1.841.811.7301
Pretty Stable
ROE0.110.07870.0886
Pretty Stable
EV To Operating Cash Flow8.3612.2510.2306
Slightly volatile
PE Ratio10.5613.3214.6739
Very volatile
Return On Tangible Assets0.0110.00930.0097
Very volatile
EV To Free Cash Flow8.9813.111.1425
Slightly volatile
Earnings Yield0.09170.07770.0702
Very volatile
Intangibles To Total Assets0.02290.03690.0332
Slightly volatile
Current Ratio0.03610.0380.2671
Slightly volatile
Tangible Book Value Per Share11.5518.4516.4078
Slightly volatile
Receivables Turnover10.3211.4112.9372
Slightly volatile
Graham Number24.135.8233.4679
Slightly volatile
Shareholders Equity Per Share16.7228.8824.4296
Slightly volatile
Debt To Equity1.160.830.7958
Very volatile
Capex Per Share0.280.260.2773
Pretty Stable
Revenue Per Share8.512.9410.348
Slightly volatile
Interest Debt Per Share16.6325.0619.5112
Slightly volatile
Debt To Assets0.10.09420.0813
Slightly volatile
Enterprise Value Over EBITDA7.4912.389.9299
Slightly volatile
Short Term Coverage Ratios0.170.150.2234
Slightly volatile
Price Earnings Ratio10.5613.3214.6739
Very volatile
Operating Cycle31.4233.1128.436
Slightly volatile
Price Book Value Ratio1.411.161.3128
Pretty Stable
Days Of Payables Outstanding2422551.8 K
Pretty Stable
Dividend Payout Ratio0.820.780.5547
Slightly volatile
Price To Operating Cash Flows Ratio6.948.489.6636
Very volatile
Price To Free Cash Flows Ratio7.539.0610.5744
Very volatile
Pretax Profit Margin0.220.180.2753
Pretty Stable
Ebt Per Ebit0.80.90.9823
Slightly volatile
Operating Profit Margin0.220.180.2753
Pretty Stable
Effective Tax Rate0.340.270.2895
Slightly volatile
Company Equity Multiplier11.6110.149.6973
Pretty Stable
Long Term Debt To Capitalization0.150.09410.0996
Slightly volatile
Total Debt To Capitalization0.540.480.4336
Very volatile
Return On Capital Employed0.140.0940.1112
Slightly volatile
Debt Equity Ratio1.160.830.7958
Very volatile
Ebit Per Revenue0.220.180.2753
Pretty Stable
Quick Ratio0.03610.0380.2671
Slightly volatile
Dividend Paid And Capex Coverage Ratio1.771.872.9587
Slightly volatile
Net Income Per E B T0.550.690.7017
Slightly volatile
Cash Ratio0.06150.03160.0792
Slightly volatile
Operating Cash Flow Sales Ratio0.230.220.3158
Pretty Stable
Days Of Sales Outstanding31.4233.1128.436
Slightly volatile
Free Cash Flow Operating Cash Flow Ratio0.740.840.8958
Very volatile
Cash Flow Coverage Ratios0.140.130.1882
Slightly volatile
Price To Book Ratio1.411.161.3128
Pretty Stable
Fixed Asset Turnover1.963.122.4125
Slightly volatile
Capital Expenditure Coverage Ratio16.8617.7518.4219
Pretty Stable
Price Cash Flow Ratio6.948.489.6636
Very volatile
Enterprise Value Multiple7.4912.389.9299
Slightly volatile
Debt Ratio0.10.09420.0813
Slightly volatile
Cash Flow To Debt Ratio0.140.130.1882
Slightly volatile
Price Sales Ratio2.012.032.9478
Very volatile
Return On Assets0.01070.00890.0094
Very volatile
Asset Turnover0.05930.05840.0484
Pretty Stable
Net Profit Margin0.150.140.1965
Very volatile
Gross Profit Margin0.650.570.8293
Slightly volatile
Price Fair Value1.411.161.3128
Pretty Stable
Return On Equity0.110.07870.0886
Pretty Stable

First Interstate Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Market Cap1.6 B1.9 BB
Pretty Stable
Enterprise Value1.6 B1.9 B1.9 B
Slightly volatile

First Fundamental Market Drivers

Forward Price Earnings13.5501
Cash And Short Term Investments960.4 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 Revenue1.7 B1.8 B
Cost Of Revenue631 M662.6 M
Stock Based Compensation To Revenue 0.01  0.01 
Sales General And Administrative To Revenue 0.23  0.24 
Capex To Revenue 0.02  0.03 
Revenue Per Share 12.94  8.50 
Ebit Per Revenue 0.18  0.22 

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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 Content Syndication module to quickly integrate customizable finance content to your own investment portal.
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
0.28
Dividend Share
1.88
Earnings Share
2.37
Revenue Per Share
9.244
Quarterly Revenue Growth
0.079
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.