QQQ   328.49 (-1.14%)
AAPL   174.55 (+0.88%)
MSFT   291.32 (-0.26%)
META   174.85 (-2.57%)
GOOGL   119.55 (-1.77%)
AMZN   142.10 (-1.85%)
TSLA   911.99 (-0.84%)
NVDA   183.35 (-2.88%)
NIO   20.08 (-3.97%)
BABA   89.77 (-3.11%)
AMD   98.27 (-1.93%)
MU   61.62 (-3.51%)
T   18.42 (-0.81%)
CGC   4.06 (+7.41%)
F   16.03 (-2.43%)
GE   79.92 (-1.42%)
DIS   122.81 (-1.72%)
AMC   21.36 (-13.91%)
PYPL   99.42 (-2.61%)
PFE   49.27 (-1.18%)
NFLX   241.15 (-1.85%)
QQQ   328.49 (-1.14%)
AAPL   174.55 (+0.88%)
MSFT   291.32 (-0.26%)
META   174.85 (-2.57%)
GOOGL   119.55 (-1.77%)
AMZN   142.10 (-1.85%)
TSLA   911.99 (-0.84%)
NVDA   183.35 (-2.88%)
NIO   20.08 (-3.97%)
BABA   89.77 (-3.11%)
AMD   98.27 (-1.93%)
MU   61.62 (-3.51%)
T   18.42 (-0.81%)
CGC   4.06 (+7.41%)
F   16.03 (-2.43%)
GE   79.92 (-1.42%)
DIS   122.81 (-1.72%)
AMC   21.36 (-13.91%)
PYPL   99.42 (-2.61%)
PFE   49.27 (-1.18%)
NFLX   241.15 (-1.85%)
QQQ   328.49 (-1.14%)
AAPL   174.55 (+0.88%)
MSFT   291.32 (-0.26%)
META   174.85 (-2.57%)
GOOGL   119.55 (-1.77%)
AMZN   142.10 (-1.85%)
TSLA   911.99 (-0.84%)
NVDA   183.35 (-2.88%)
NIO   20.08 (-3.97%)
BABA   89.77 (-3.11%)
AMD   98.27 (-1.93%)
MU   61.62 (-3.51%)
T   18.42 (-0.81%)
CGC   4.06 (+7.41%)
F   16.03 (-2.43%)
GE   79.92 (-1.42%)
DIS   122.81 (-1.72%)
AMC   21.36 (-13.91%)
PYPL   99.42 (-2.61%)
PFE   49.27 (-1.18%)
NFLX   241.15 (-1.85%)
QQQ   328.49 (-1.14%)
AAPL   174.55 (+0.88%)
MSFT   291.32 (-0.26%)
META   174.85 (-2.57%)
GOOGL   119.55 (-1.77%)
AMZN   142.10 (-1.85%)
TSLA   911.99 (-0.84%)
NVDA   183.35 (-2.88%)
NIO   20.08 (-3.97%)
BABA   89.77 (-3.11%)
AMD   98.27 (-1.93%)
MU   61.62 (-3.51%)
T   18.42 (-0.81%)
CGC   4.06 (+7.41%)
F   16.03 (-2.43%)
GE   79.92 (-1.42%)
DIS   122.81 (-1.72%)
AMC   21.36 (-13.91%)
PYPL   99.42 (-2.61%)
PFE   49.27 (-1.18%)
NFLX   241.15 (-1.85%)
NASDAQ:FIBK

First Interstate BancSystem - FIBK Stock Forecast, Price & News

$41.36
-0.60 (-1.43%)
(As of 08/17/2022 12:00 AM ET)
Add
Compare
Today's Range
$41.28
$41.59
50-Day Range
$35.70
$41.96
52-Week Range
$32.40
$45.80
Volume
527,891 shs
Average Volume
837,411 shs
Market Capitalization
$4.53 billion
P/E Ratio
22.73
Dividend Yield
3.91%
Price Target
$44.00

First Interstate BancSystem MarketRank™ Forecast

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
6.4% Upside
$44.00 Price Target
Short Interest
Healthy
2.57% of Shares Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
N/A
News Sentiment
0.47mentions of First Interstate BancSystem in the last 14 days
Based on 9 Articles This Week
Insider Trading
Selling Shares
$730,097 Sold Last Quarter
Proj. Earnings Growth
29.51%
From $3.05 to $3.95 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.54 out of 5 stars

Finance Sector

306th out of 932 stocks

State Commercial Banks Industry

62nd out of 194 stocks

FIBK stock logo

About First Interstate BancSystem (NASDAQ:FIBK) Stock

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. It offers various traditional depository products, including checking, savings, and time deposits; and repurchase agreements primarily for commercial and municipal depositors. The company also offers real estate loans comprising commercial real estate, construction, residential, agricultural, and other real estate loans; consumer loans comprising direct personal loans, credit card loans and lines of credit, and indirect loans; variable and fixed rate commercial loans for small and medium-sized manufacturing, wholesale, retail, and service businesses for working capital needs and business expansions; and agricultural loans. In addition, it provides a range of trust, employee benefit, investment management, insurance, agency, and custodial services to individuals, businesses, and nonprofit organizations. Further, the company offers marketing, credit review, loan servicing, credit cards issuance and servicing, mortgage loan sales and servicing, indirect consumer loan purchasing and processing, loan collection services, and other operational services, as well as online and mobile banking services. It serves individuals, businesses, municipalities, and other entities in various industries, including agriculture, construction, education, energy, governmental services, healthcare, hospitality, housing, mining, professional services, real estate development, retail, technology, tourism, and wholesale trade. As of December 31, 2021, it operated 147 banking offices, including detached drive-up facilities in communities across Idaho, Montana, Oregon, South Dakota, Washington, and Wyoming. The company was incorporated in 1971 and is headquartered in Billings, Montana.

Analysts Set New Price Targets

Several brokerages have recently commented on FIBK. Janney Montgomery Scott upgraded shares of First Interstate BancSystem from a "neutral" rating to a "buy" rating and set a $42.00 price objective on the stock in a research report on Tuesday, May 3rd. StockNews.com downgraded shares of First Interstate BancSystem from a "hold" rating to a "sell" rating in a research report on Wednesday, August 10th. Keefe, Bruyette & Woods upgraded shares of First Interstate BancSystem from a "market perform" rating to an "outperform" rating and set a $45.00 price objective on the stock in a research report on Monday, May 2nd. Finally, TheStreet downgraded shares of First Interstate BancSystem from a "b" rating to a "c" rating in a research report on Tuesday, May 31st. One investment analyst has rated the stock with a sell rating and three have assigned a buy rating to the stock. According to data from MarketBeat, First Interstate BancSystem has a consensus rating of "Moderate Buy" and an average target price of $44.00.

First Interstate BancSystem Price Performance

NASDAQ:FIBK traded down $0.60 on Wednesday, reaching $41.36. The company had a trading volume of 527,891 shares, compared to its average volume of 837,411. The company has a quick ratio of 0.64, a current ratio of 0.65 and a debt-to-equity ratio of 0.09. The stock has a market capitalization of $4.53 billion, a PE ratio of 22.73 and a beta of 0.96. The firm's 50 day moving average price is $38.89 and its 200 day moving average price is $37.44. First Interstate BancSystem has a 12 month low of $32.40 and a 12 month high of $45.80.

First Interstate BancSystem (NASDAQ:FIBK - Get Rating) last announced its quarterly earnings results on Tuesday, July 26th. The financial services provider reported $0.59 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.75 by ($0.16). The company had revenue of $288.90 million during the quarter, compared to the consensus estimate of $271.40 million. First Interstate BancSystem had a net margin of 14.93% and a return on equity of 8.43%. During the same quarter in the prior year, the firm posted $0.69 earnings per share. As a group, equities analysts predict that First Interstate BancSystem will post 3.05 earnings per share for the current year.

First Interstate BancSystem Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, August 19th. Stockholders of record on Tuesday, August 9th will be issued a $0.41 dividend. The ex-dividend date of this dividend is Monday, August 8th. This represents a $1.64 dividend on an annualized basis and a dividend yield of 3.97%. First Interstate BancSystem's dividend payout ratio (DPR) is presently 90.11%.

Insider Transactions at First Interstate BancSystem

In other news, major shareholder James R. Scott, Jr. sold 2,500 shares of the business's stock in a transaction dated Tuesday, August 16th. The shares were sold at an average price of $42.03, for a total value of $105,075.00. Following the sale, the insider now directly owns 100,436 shares in the company, valued at approximately $4,221,325.08. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. In other news, CEO Kevin P. Riley purchased 15,899 shares of the company's stock in a transaction that occurred on Wednesday, June 1st. The stock was purchased at an average cost of $37.33 per share, with a total value of $593,509.67. Following the purchase, the chief executive officer now owns 92,555 shares in the company, valued at $3,455,078.15. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, major shareholder James R. Scott, Jr. sold 2,500 shares of First Interstate BancSystem stock in a transaction dated Tuesday, August 16th. The stock was sold at an average price of $42.03, for a total transaction of $105,075.00. Following the transaction, the insider now directly owns 100,436 shares of the company's stock, valued at $4,221,325.08. The disclosure for this sale can be found here. Insiders have sold a total of 17,400 shares of company stock worth $688,264 in the last three months. Insiders own 6.40% of the company's stock.

Receive FIBK Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for First Interstate BancSystem and its competitors with MarketBeat's FREE daily newsletter.

FIBK Stock News Headlines

See More Headlines
Receive FIBK Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for First Interstate BancSystem and its competitors with MarketBeat's FREE daily newsletter.

FIBK Company Calendar

Ex-Dividend for 5/20 Dividend
5/06/2022
Dividend Payable
5/20/2022
Last Earnings
7/26/2022
Ex-Dividend for 8/19 Dividend
8/08/2022
Today
8/17/2022
Dividend Payable
8/19/2022
Next Earnings (Estimated)
10/25/2022
Fiscal Year End
12/31/2022

Industry, Sector and Symbol

Industry
State commercial banks
Sub-Industry
Regional Banks
Sector
Finance
Current Symbol
NASDAQ:FIBK
CUSIP
32055Y20
Employees
2,358
Year Founded
1968

Price Target and Rating

Average Stock Price Forecast
$44.00
High Stock Price Forecast
$45.00
Low Stock Price Forecast
$42.00
Forecasted Upside/Downside
+6.4%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
3 Analysts

Profitability

Net Income
$192.10 million
Pretax Margin
19.25%

Debt

Sales & Book Value

Annual Sales
$656 million
Cash Flow
$4.39 per share
Book Value
$29.88 per share

Miscellaneous

Free Float
102,486,000
Market Cap
$4.53 billion
Optionable
Optionable
Beta
0.96

Social Links















FIBK Stock - Frequently Asked Questions

Should I buy or sell First Interstate BancSystem stock right now?

3 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for First Interstate BancSystem in the last year. There are currently 3 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" FIBK shares.
View FIBK analyst ratings
or view top-rated stocks.

What is First Interstate BancSystem's stock price forecast for 2022?

3 Wall Street research analysts have issued 1-year price objectives for First Interstate BancSystem's shares. Their FIBK share price forecasts range from $42.00 to $45.00. On average, they expect the company's stock price to reach $44.00 in the next year. This suggests a possible upside of 6.4% from the stock's current price.
View analysts price targets for FIBK
or view top-rated stocks among Wall Street analysts.

How have FIBK shares performed in 2022?

First Interstate BancSystem's stock was trading at $40.67 at the start of the year. Since then, FIBK stock has increased by 1.7% and is now trading at $41.36.
View the best growth stocks for 2022 here
.

When is First Interstate BancSystem's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, October 25th 2022.
View our FIBK earnings forecast
.

How were First Interstate BancSystem's earnings last quarter?

First Interstate BancSystem, Inc. (NASDAQ:FIBK) issued its quarterly earnings results on Tuesday, July, 26th. The financial services provider reported $0.59 earnings per share for the quarter, missing analysts' consensus estimates of $0.75 by $0.16. The financial services provider earned $288.90 million during the quarter, compared to analysts' expectations of $271.40 million. First Interstate BancSystem had a trailing twelve-month return on equity of 8.43% and a net margin of 14.93%. During the same quarter in the prior year, the firm posted $0.69 EPS.

How often does First Interstate BancSystem pay dividends? What is the dividend yield for First Interstate BancSystem?

First Interstate BancSystem announced a quarterly dividend on Monday, July 25th. Investors of record on Tuesday, August 9th will be paid a dividend of $0.41 per share on Friday, August 19th. This represents a $1.64 dividend on an annualized basis and a dividend yield of 3.97%. The ex-dividend date of this dividend is Monday, August 8th.
Read our dividend analysis for FIBK
.

Is First Interstate BancSystem a good dividend stock?

First Interstate BancSystem (NASDAQ:FIBK) pays an annual dividend of $1.64 per share and currently has a dividend yield of 3.91%. The company has been increasing its dividend for 9 consecutive years, indicating the company has a new, but growing committment to grow its dividend. The dividend payout ratio is 90.11%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, FIBK will have a dividend payout ratio of 41.52% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for FIBK.

What is Edward Garding's approval rating as First Interstate BancSystem's CEO?

11 employees have rated First Interstate BancSystem Chief Executive Officer Edward Garding on Glassdoor.com. Edward Garding has an approval rating of 92% among the company's employees. This puts Edward Garding in the top 30% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of First Interstate BancSystem own?

Based on aggregate information from My MarketBeat watchlists, some companies that other First Interstate BancSystem investors own include Skyworks Solutions (SWKS), AbbVie (ABBV), Exxon Mobil (XOM), BCE (BCE), Enbridge (ENB), Energy Transfer (ET), Philip Morris International (PM), Verizon Communications (VZ), Carnival Co. & (CCL) and CenterPoint Energy (CNP).

What is First Interstate BancSystem's stock symbol?

First Interstate BancSystem trades on the NASDAQ under the ticker symbol "FIBK."

Who are First Interstate BancSystem's major shareholders?

First Interstate BancSystem's stock is owned by many different institutional and retail investors. Top institutional shareholders include First Interstate Bank (7.26%), Macquarie Group Ltd. (5.20%), State Street Corp (3.31%), FMR LLC (3.26%), Massachusetts Financial Services Co. MA (3.11%) and Franklin Resources Inc. (1.38%). Insiders that own company stock include Homer A Scott Jr, James R Scott Jr, Jeremy Scott, John M Heyneman Jr, Jonathan R Scott, Kevin P Riley, Philip G Gaglia, Ross E Leckie, Russell A Lee and Susan Scott Heyneman.
View institutional ownership trends
.

How do I buy shares of First Interstate BancSystem?

Shares of FIBK stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is First Interstate BancSystem's stock price today?

One share of FIBK stock can currently be purchased for approximately $41.36.

How much money does First Interstate BancSystem make?

First Interstate BancSystem (NASDAQ:FIBK) has a market capitalization of $4.53 billion and generates $656 million in revenue each year. The financial services provider earns $192.10 million in net income (profit) each year or $1.82 on an earnings per share basis.

How many employees does First Interstate BancSystem have?

The company employs 2,358 workers across the globe.

When was First Interstate BancSystem founded?

First Interstate BancSystem was founded in 1968.

How can I contact First Interstate BancSystem?

First Interstate BancSystem's mailing address is 401 North 31st Street, Billings MT, 59116. The official website for the company is www.fibk.com. The financial services provider can be reached via phone at (406) 255-5000, via email at investor.relations@fib.com, or via fax at 406-255-5350.

This page (NASDAQ:FIBK) was last updated on 8/17/2022 by MarketBeat.com Staff

MarketBeat Resources

Premium Research Tools

MarketBeat All Access subscribers can access stock screeners, the Idea Engine, data export tools, research reports, and other premium tools.

Discover All Access

Market Data and Calendars

Looking for new stock ideas? Want to see which stocks are moving? View our full suite of financial calendars and market data tables, all for free.

View Market Data

Investing Education and Resources

Receive a free world-class investing education from MarketBeat. Learn about financial terms, types of investments, trading strategies and more.

Financial Terms
Details Here
MarketBeat - Stock Market News and Research Tools logo

MarketBeat empowers individual investors to make better trading decisions by providing real-time financial data and objective market analysis. Whether you’re looking for analyst ratings, corporate buybacks, dividends, earnings, economic reports, financials, insider trades, IPOs, SEC filings or stock splits, MarketBeat has the objective information you need to analyze any stock. Learn more about MarketBeat.

MarketBeat is accredited by the Better Business Bureau MarketBeat is rated as Great on TrustPilot

© American Consumer News, LLC dba MarketBeat® 2010-2022. All rights reserved.
326 E 8th St #105, Sioux Falls, SD 57103 | contact@marketbeat.com | (844) 978-6257
MarketBeat does not provide personalized financial advice and does not issue recommendations or offers to buy stock or sell any security.

Our Accessibility Statement | Terms of Service | Privacy Policy | Do Not Sell My Information | RSS Feeds

© 2022 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use please see Barchart's disclaimer.