Kevin Riley - First Interstate CEO
| FIBK Stock | USD 36.79 0.45 1.24% |
CEO
Mr. Kevin P. Riley is President, Chief Executive Officer, Director of the Company. He was President and Chief Executive Officer of First Interstate Bank and a member of the Board of Directors since September 2015. Prior to his current role, Mr. Riley served as an Executive Vice President and the Chief Financial Officer from 2013 to 2015. Mr. Riley leads First Interstate Bank with expertise drawn from more than 32 years of experience in the banking industry. Prior to joining the organization, he was an Executive Vice President and Chief Financial Officer for Berkshire Hills Bancorp in Massachusetts, and he served in various executivelevel positions with KeyCorp since 2015.
| Age | 64 |
| Tenure | 11 years |
| Address | 401 North 31st Street, Billings, MT, United States, 59101 |
| Phone | 406 255 5311 |
| Web | https://www.fibk.com |
Kevin Riley Latest Insider Activity
Tracking and analyzing the buying and selling activities of Kevin Riley against First Interstate stock is an integral part of due diligence when investing in First Interstate. Kevin Riley insider activity provides valuable insight into whether First Interstate is net buyers or sellers over its current business cycle. Note, First Interstate insiders must abide by specific rules, including filing SEC forms every time they buy or sell First Interstate'sshares to prevent insider trading or benefiting illegally from material non-public information that their positions give them access to.
Kevin Riley over six months ago Acquisition by Kevin Riley of tradable shares of First Interstate at 29.93 subject to Rule 16b-3 |
First Interstate Management Efficiency
The company has return on total asset (ROA) of 0.0108 % which means that it generated a profit of $0.0108 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.0895 %, meaning that it created $0.0895 on every $100 dollars invested by stockholders. First Interstate's management efficiency ratios could be used to measure how well First Interstate manages its routine affairs as well as how well it operates its assets and liabilities. Return On Equity is expected to rise to 0.11 this year, although the value of Return On Tangible Assets will most likely fall to 0.01. At this time, First Interstate's Total Current Liabilities is quite stable compared to the past year. Non Current Liabilities Total is expected to rise to about 11.7 B this year, although the value of Liabilities And Stockholders Equity will most likely fall to about 13.4 B.Similar Executives
| Found 2 records | CEO Age | ||
| Adam Derechin | Cohen Steers Reit | 56 | |
| John Perlowski | BlackRock Credit Allocation | 57 | |
Management Performance
| Return On Equity | 0.0895 | ||||
| Return On Asset | 0.0108 |
First Interstate Ban Leadership Team
Elected by the shareholders, the First Interstate's board of directors comprises two types of representatives: First Interstate inside directors who are chosen from within the company, and outside directors, selected externally and held independent of First. The board's role is to monitor First Interstate's management team and ensure that shareholders' interests are well served. First Interstate's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, First Interstate's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Kristina Robbins, Executive COO | ||
| Rachel Turitto, Executive Officer | ||
| Marcy Mutch, Executive CFO | ||
| Michael Hickey, Missoula President | ||
| David Redmon, VP Staff | ||
| David CFA, Deputy Officer | ||
| David Camera, Director Strategy | ||
| Lorrie Asker, Executive Officer | ||
| Dale Daugherty, Chief Officer | ||
| Scott Erkonen, Ex Officer | ||
| Tawnya Schoolitz, Interim Officer | ||
| Karlyn Knieriem, Executive Officer | ||
| Michael Lugli, Chief Officer | ||
| Sara Becker, Director Communications | ||
| James Reuter, President CEO | ||
| Nathan Jones, EVP Officer | ||
| Kevin Riley, CEO and President Director, Member of Executive Committee, Member of Credit Committee, Member of Governance and Nominating Committee and Member of Technology and Bus. Process Improvement Committee | ||
| Margie Morse, IR Contact Officer | ||
| Russell Lee, Ex Officer | ||
| Kirk Esq, General VP | ||
| Lori Meyer, Executive Officer | ||
| Marcy CPA, Executive Advisor | ||
| Brittany Cremer, PR Manager |
First Stock Performance Indicators
The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is First Interstate a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.
| Return On Equity | 0.0895 | ||||
| Return On Asset | 0.0108 | ||||
| Profit Margin | 0.29 % | ||||
| Operating Margin | 0.47 % | ||||
| Current Valuation | 3.14 B | ||||
| Shares Outstanding | 101.11 M | ||||
| Shares Owned By Insiders | 16.46 % | ||||
| Shares Owned By Institutions | 99.80 % | ||||
| Number Of Shares Shorted | 6.86 M | ||||
| Price To Earning | 15.31 X |
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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 | 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.