First Interstate BancSystem, Inc.
NASDAQ•FIBK
CEO: Ms. Marcy D. Mutch CPA
Sector: Financial Services
Industry: Banks - Regional
Listing Date: 2010-03-24
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, other operational, and specialized staff support services, as well as online and mobile banking services. The company serves individuals, businesses, municipalities, and other entities in various industries, including agriculture, construction, education, governmental services, healthcare, hospitality, housing, professional services, real estate development, retail, technology, tourism, and wholesale trade. First Interstate BancSystem, Inc. was incorporated in 1971 and is headquartered in Billings, Montana.
Contact Information
Market Cap
$3.35B
P/E (TTM)
11.1
14.5
Dividend Yield
5.7%
52W High
$39.26
52W Low
$22.95
52W Range
Rank36Top 31.8%
4.5
F-Score
Modified Piotroski Analysis
Based on 10-year fundamentals
Average • 4.5 / 9 points
Scoring Range (0-9)
8-9: Excellent Value
6-7: Strong Fundamentals
4-5: Average Quality
0-3: Weak Performance
Data Period: 2016-2025
Financial Dashboard
Q4 2025 Data
Revenue
$313.00M-16.04%
4-Quarter Trend
EPS
$1.08+111.77%
4-Quarter Trend
FCF
$59.00M+0.00%
4-Quarter Trend
2025 Annual Earnings Highlights
Key Highlights
Net Income Growth Strong Net income rose 33.7% to $302.1M, driven by lower credit provisions and significant gains from branch sales transactions.
NIM Expansion Noted GAAP Net Interest Margin improved 28 basis points to 3.30% year-over-year, primarily due to lower overall funding costs.
Asset Quality Improving Net charge-offs fell sharply to $39.2M from $104.5M year-over-year, reflecting substantial improvement in credit performance.
Capital Ratios Strong Total risk-based capital ratio stood at 17.06% (10.00% minimum), significantly exceeding all regulatory requirements as of year-end.
Risk Factors
Economic Sensitivity High Profitability depends heavily on regional economic conditions across twelve states; downturns could reduce loan demand and asset quality.
Liquidity Management Focus Reliance on core deposits requires careful management of deposit mix and funding costs amid interest rate volatility.
Regulatory Scrutiny Continues Extensive federal and state regulation subjects the bank holding company to evolving compliance costs and potential enforcement actions.
Vendor Reliance Risks Operations depend on third-party vendors, creating exposure to supply-chain cyber-attacks and potential business disruptions.
Outlook
Branch Network Optimization Executing strategic plan including divestiture of 11 Nebraska branches expected to close in Q2 2026.
Credit Culture Enhancement Ongoing initiatives focus on enhancing credit processes and risk culture to support disciplined underwriting standards on new production.
Organizational Redesign Complete Transformation to a flatter banking model is expected to be nearly complete in Q1 2026, streamlining responsibility chains.
Interest Rate Sensitivity Future NIM performance remains sensitive to the speed and magnitude of Federal Reserve rate changes and deposit repricing dynamics.
Peer Comparison
Revenue (TTM)
$4.01T
$4.42B
$2.45B
Gross Margin (Latest Quarter)
65349.8%
97.7%
74.9%
Key Metrics
Symbol | Market Cap | P/E (TTM) | ROE (TTM) | Debt to Assets |
|---|---|---|---|---|
| WBS | $10.84B | 10.7 | 10.7% | 5.1% |
| BMA | $4.26B | 39.0 | 4.7% | 6.4% |
| ASB | $4.06B | 8.5 | 9.8% | 9.2% |
Long-Term Trends
Last 4 Quarters
Revenue
Net Income
Operating Cash Flow
4Q Revenue CAGR
-3.2%
Flat Growth
4Q Net Income CAGR
29.4%
Profitability Improved
Cash Flow Stability
100%
Strong Cash Flow
Deep Research
Next earnings:Apr 29, 2026
EPS:$0.60
|Revenue:$243.26M
Financials
Earnings Calls
Reports
News
Income Statement
Balance Sheet
Cash Flow Statement
Ratios
% Chg.
Income Statement | LTM |
|---|
No Data