Kevin Riley - First Interstate CEO

FIBK Stock  USD 38.22  0.17  0.45%   

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
Phone406 255 5311
Webhttps://www.fibk.com
Riley earned a BS in business administration from Northeastern University in Boston, Massachusetts.

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.

First Interstate Management Efficiency

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.
First Interstate BancSystem currently holds 2.39 B in liabilities with Debt to Equity (D/E) ratio of 0.12, which may suggest the company is not taking enough advantage from borrowing. Note, when we think about First Interstate's use of debt, we should always consider it together with its cash and equity.

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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. First Interstate BancSystem (FIBK) is traded on NASDAQ Exchange in USA and employs 3,481 people.

Management Performance

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.

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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 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 various price indices.
You can also try the Technical Analysis module to check basic technical indicators and analysis based on most latest market data.
Is Stock 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.
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.