First Interstate Financials

FIBK Stock  USD 35.47  0.67  1.85%   
Based on the measurements of operating efficiency obtained from First Interstate's historical financial statements, First Interstate BancSystem is doing better financially today then in previous quarter. It has a moderate probability of reporting better financial numbers in March. At this time, First Interstate's Property Plant And Equipment Net is quite stable compared to the past year. Net Debt is expected to rise to about 1.4 B this year, although the value of Cash will most likely fall to about 798.2 M.
 
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First Interstate Balance Sheet Chart

At this time, First Interstate's Property Plant And Equipment Net is quite stable compared to the past year. Net Debt is expected to rise to about 1.4 B this year, although the value of Cash will most likely fall to about 798.2 M.
Key indicators impacting First Interstate's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Net Profit Margin0.150.14
Notably Up
Very volatile
Return On Assets0.01070.0089
Fairly Up
Very volatile
Return On Equity0.110.0787
Significantly Up
Pretty Stable
Debt Equity Ratio1.160.83
Significantly Up
Very volatile
Operating Income355.6 M338.7 M
Sufficiently Up
Slightly volatile
Current Ratio0.03610.038
Notably Down
Slightly volatile
The financial analysis of First Interstate is a critical element in measuring its lifeblood. Investors should not minimize First Interstate's ability to pay suppliers or employees on time, ensuring interest payments are not accumulating.

Net Income

317.2 Million

  
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Understanding current and past First Interstate Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of First Interstate's financial statements are interrelated, with each one affecting the others. For example, an increase in First Interstate's assets may result in an increase in income on the income statement.

First Interstate Stock Summary

First Interstate competes with Renasant, Cathay General, Fulton Financial, Independent Bank, and Banco Macro. 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. The company was incorporated in 1971 and is headquartered in Billings, Montana. First Interstate operates under BanksRegional classification in the United States and is traded on NASDAQ Exchange. It employs 2358 people.
Specialization
Financial Services, Banks - Regional
InstrumentUSA Stock View All
ExchangeNASDAQ Exchange
ISINUS32055Y2019
Business Address401 North 31st
SectorBanks
IndustryFinancials
BenchmarkDow Jones Industrial
Websitewww.fibk.com
Phone406 255 5311
CurrencyUSD - US Dollar

First Interstate Key Financial Ratios

First Interstate Key Balance Sheet Accounts

202120222023202420252026 (projected)
Total Assets19.7B32.3B30.7B29.1B33.5B35.2B
Other Current Liab(152.1M)(460.4M)23.3B23.0B26.5B27.8B
Net Debt(2.1B)1.7B3.1B1.5B1.3B1.4B
Retained Earnings1.1B1.1B1.1B1.2B1.3B685.3M
Accounts Payable152.1M460.4M432.6M425.9M489.8M514.3M
Cash2.3B870.4M577.9M896.5M1.0B798.2M
Other Assets4.9B12.3B466.3M19.2B22.1B23.2B
Net Receivables47.4M118.3M129.1M116.8M134.3M141.0M
Good Will700.8M690.9M1.2B1.1B1.3B1.3B
Other Current Assets2.3B2.4B1.0B723.6M651.2M618.7M
Total Liab17.7B29.2B27.4B25.8B29.7B31.2B
Total Current Assets7.2B7.9B6.5B1.1B1.2B1.2B
Short Term Debt1.1B3.4B3.4B2.1B2.4B2.5B
Intangible Assets28.2M31.1M109.7M92.5M106.4M111.7M
Common Stock945M2.5B2.4B2.5B2.8B3.0B
Other Liab26.7M30.9M165.2M16.2M14.6M13.9M
Inventory(2.3B)(2.4B)(1.0B)249.1M224.2M235.4M
Net Tangible Assets1.3B1.3B1.3B1.9B2.2B1.1B

First Interstate Key Income Statement Accounts

202120222023202420252026 (projected)
Interest Expense17.3M78.9M656.8M480.9M553.0M580.7M
Total Revenue656M1.2B147M1.5B233.4M221.7M
Gross Profit653.3M1.0B75.4M931.9M1.1B1.1B
Operating Income247.8M257.1M336.8M294.5M338.7M355.6M
Ebit247.8M257.1M336.8M294.5M338.7M355.6M
Ebitda292.2M312.6M336.8M351.5M404.2M424.4M
Cost Of Revenue2.7M161.6M71.6M548.7M631.0M662.6M
Income Before Tax247.8M257.1M336.8M294.5M391.7M411.3M
Net Income192.1M202.2M257.5M226M302.1M317.2M
Income Tax Expense55.7M54.9M79.3M68.5M89.6M47.6M
Tax Provision55.7M54.9M84.1M68.5M78.8M61.0M
Net Interest Income488.2M942.6M929.4M821.6M944.8M605.0M
Interest Income488.2M942.6M1.3B1.3B1.5B1.6B

First Interstate Key Cash Accounts

202120222023202420252026 (projected)
Change In Cash68M(1.5B)(292.5M)318.6M286.7M301.1M
Free Cash Flow272M523.9M399.8M332M381.8M400.9M
Depreciation44.4M55.5M53.8M57M65.6M68.8M
Other Non Cash Items48.3M131M55.3M54.1M62.2M65.3M
Dividends Paid101.6M182.1M195.1M195.9M225.3M236.5M
Capital Expenditures10.3M10.5M28.2M23M20.7M19.7M
Net Income192.1M202.2M257.5M226M259.9M272.9M
End Period Cash Flow2.3B870.5M578M896.6M1.0B831.2M
Investments(2.1B)(2.8B)693.7M1.8B1.6B1.7B
Change Receivables300K(4.4M)3.7M(37.8M)(34.0M)(32.3M)
Net Borrowings(40.3M)2.2B275.9M(1.0B)(1.2B)(1.1B)
Change To Netincome(59.1M)73.1M24.5M91.7M105.5M110.7M

First Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining First Interstate's current stock value. Our valuation model uses many indicators to compare First Interstate value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across First Interstate competition to find correlations between indicators driving First Interstate's intrinsic value. More Info.
First Interstate BancSystem is rated below average in return on equity category among its peers. It is rated below average in return on asset category among its peers reporting about  0.12  of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for First Interstate BancSystem is roughly  8.29 . At this time, First Interstate's Return On Equity is quite stable compared to the past year. Comparative valuation analysis is a catch-all technique that is used if you cannot value First Interstate by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.
Most indicators from First Interstate's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into First Interstate Ban current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in First Interstate BancSystem. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.
At this time, First Interstate's Selling General Administrative is quite stable compared to the past year. Sales General And Administrative To Revenue is expected to rise to 0.24 this year, although the value of Tax Provision will most likely fall to about 61 M.
 2023 2024 2025 2026 (projected)
Interest Expense656.8M480.9M553.0M580.7M
Depreciation And Amortization15.7M57M65.6M68.8M

First Interstate fundamental ratios Correlations

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0.760.830.590.610.770.80.720.560.860.00.710.250.210.30.850.760.81-0.650.850.830.82-0.011.00.70.31
0.540.730.591.00.760.740.760.420.79-0.180.960.40.44-0.310.830.680.44-0.610.850.730.78-0.580.560.96-0.33
0.560.750.611.00.770.750.770.440.81-0.180.960.390.43-0.290.840.690.45-0.610.860.740.79-0.560.580.96-0.3
0.840.990.770.760.770.990.60.80.970.220.90.050.450.190.970.990.77-0.630.910.980.98-0.140.740.890.11
0.850.990.80.740.750.990.610.80.970.230.880.040.420.240.970.990.8-0.650.910.990.98-0.120.770.870.17
0.580.640.720.760.770.60.610.30.75-0.550.730.610.23-0.10.770.570.58-0.520.840.650.65-0.340.720.740.03
0.920.790.560.420.440.80.80.30.710.480.58-0.210.190.440.70.820.79-0.420.60.780.760.180.540.610.33
0.830.980.860.790.810.970.970.750.710.060.920.190.430.141.00.960.83-0.70.980.980.98-0.230.830.890.11
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0.680.890.710.960.960.90.880.730.580.92-0.030.290.51-0.150.940.840.62-0.670.940.880.92-0.470.680.97-0.2
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0.230.40.210.440.430.450.420.230.190.43-0.160.510.35-0.530.420.410.160.030.460.390.41-0.220.190.41-0.61
0.410.260.3-0.31-0.290.190.24-0.10.440.140.57-0.15-0.54-0.530.120.280.49-0.120.00.270.20.640.31-0.110.96
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0.850.980.760.680.690.990.990.570.820.960.250.84-0.030.410.280.950.8-0.590.880.980.96-0.060.730.830.21
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0.851.00.830.730.740.980.990.650.780.980.210.880.060.390.270.980.980.85-0.660.930.99-0.110.810.860.21
0.820.990.820.780.790.980.980.650.760.980.190.920.080.410.20.970.960.81-0.690.940.99-0.20.790.890.13
0.09-0.12-0.01-0.58-0.56-0.14-0.12-0.340.18-0.230.3-0.47-0.33-0.220.64-0.23-0.060.030.56-0.33-0.11-0.20.01-0.370.62
0.750.81.00.560.580.740.770.720.540.83-0.020.680.260.190.310.820.730.79-0.630.830.810.790.010.670.32
0.690.860.70.960.960.890.870.740.610.89-0.040.970.280.41-0.110.920.830.56-0.620.90.860.89-0.370.67-0.15
0.360.20.31-0.33-0.30.110.170.030.330.110.35-0.2-0.4-0.610.960.10.210.46-0.110.010.210.130.620.32-0.15
Click cells to compare fundamentals

First Interstate Account Relationship Matchups

First Interstate fundamental ratios Accounts

202120222023202420252026 (projected)
Total Assets19.7B32.3B30.7B29.1B33.5B35.2B
Other Current Liab(152.1M)(460.4M)23.3B23.0B26.5B27.8B
Net Debt(2.1B)1.7B3.1B1.5B1.3B1.4B
Retained Earnings1.1B1.1B1.1B1.2B1.3B685.3M
Accounts Payable152.1M460.4M432.6M425.9M489.8M514.3M
Cash2.3B870.4M577.9M896.5M1.0B798.2M
Other Assets4.9B12.3B466.3M19.2B22.1B23.2B
Net Receivables47.4M118.3M129.1M116.8M134.3M141.0M
Good Will700.8M690.9M1.2B1.1B1.3B1.3B
Other Current Assets2.3B2.4B1.0B723.6M651.2M618.7M
Total Liab17.7B29.2B27.4B25.8B29.7B31.2B
Total Current Assets7.2B7.9B6.5B1.1B1.2B1.2B
Short Term Debt1.1B3.4B3.4B2.1B2.4B2.5B
Intangible Assets28.2M31.1M109.7M92.5M106.4M111.7M
Common Stock945M2.5B2.4B2.5B2.8B3.0B
Other Liab26.7M30.9M165.2M16.2M14.6M13.9M
Inventory(2.3B)(2.4B)(1.0B)249.1M224.2M235.4M
Net Tangible Assets1.3B1.3B1.3B1.9B2.2B1.1B
Today, most investors in First Interstate Stock are looking for potential investment opportunities by analyzing not only static indicators but also various First Interstate's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of First Interstate growth as a starting point in their analysis.

Price Earnings To Growth Ratio

(1.08)

At this time, First Interstate's Price Earnings To Growth Ratio is quite stable compared to the past year.

First Interstate January 31, 2026 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of First Interstate help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of First Interstate BancSystem. We use our internally-developed statistical techniques to arrive at the intrinsic value of First Interstate BancSystem based on widely used predictive technical indicators. In general, we focus on analyzing First Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build First Interstate's daily price indicators and compare them against related drivers.
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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in First Interstate BancSystem. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.
You can also try the Portfolio Center module to all portfolio management and optimization tools to improve performance of your portfolios.
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. Market participants price First higher when confident in its future expansion prospects. The financial industry is built on trying to define current growth potential and future valuation accurately. Comprehensive First Interstate assessment requires weighing all these inputs, though not all factors influence outcomes equally.
Quarterly Earnings Growth
1.159
Dividend Share
1.88
Earnings Share
2.94
Revenue Per Share
10.061
Quarterly Revenue Growth
0.344
First Interstate Ban's market price often diverges from its book value, the accounting figure shown on First's balance sheet. Smart investors calculate First Interstate's intrinsic value—its true economic worth—which may differ significantly from both market price and book value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Since First Interstate's trading price responds to investor sentiment, macroeconomic conditions, and market psychology, it can swing far from fundamental 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.