FIBK

First Interstate BancSystem, Inc.

Fundamental data last updated:October 24, 2026

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company profile

SECTOR

Financial Services

industry

Banks - Regional

Exchange

NASDAQ

County of HQ

US

Next Earnings Date

Pending Announcement

Business Summary

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.

 


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VALUATION

P/E

11.28

Market Cap ($M USD)

$3.46B

Forward P/E

10.84

PEG

2.66

PRICE TO SALES

2.81

PRICE TO BOOK

1.05

EV / EBITDA

9.12

5-Year Average P/E

Free Cash Flow Yield

7.32%

DCF Value

$49.16

Graham Number

$49.11

Price to FCF

13.65

EV to FCF

15.43

Earnings Yield

8.87%

FCF Yield

7.32%

DIVIDEND

Yield

5.28%

Annual Payout

$1.88

Payout Ratio

61.52%

Consecutive Years of Dividend Growth

5-Year Dividend Growth Rate

Financial Health & Profitability

Earnings Per Share

$3.16

Next Year EPS Growth Estimate

$3.29

Next Year Revenue Growth Estimate

$1.09B

Return on Equity (ROE)

9.13%

FREE CASH FLOW

Operating Margin

32.74%

Debt-to-Equity

0.23

Piotroski F-Score

7

Altman Z-Score

0.25

Return on Invested Capital (ROIC)

1.55%

Current Ratio

0.68

Quick Ratio

0.68

Net Debt to EBITDA

1.05

Interest Coverage

1.24

Gross Profit margin

84.64%

FCF PER SHARE

$2.56

REVENUE PER SHARE

$12.44

Analyze FIBK on TradingView

Gainseekers Quantitative Analysis

Summary

FIBK’s valuation presents a compelling case for deep value investors. Recent pricing indicated it traded below its DCF value of $50.24 and Graham Number of $49.11, suggesting a potential undervaluation. However, the Forward P/E of 11.09 and Earnings Yield of 8.67% reflect moderate growth expectations. The Altman Z-score of 0.25 raises red flags about financial distress, highlighting potential risks. Overall, the market may be underestimating its intrinsic value, but caution is warranted given its financial stability concerns.

AI Exposure / Tech Reliance

As a regional bank, FIBK operates in an industry that is gradually integrating AI for enhanced customer service and risk management. However, its traditional banking model may face challenges adapting swiftly to tech-driven disruptions. The company's resilience will depend on its ability to innovate and leverage technology effectively.

The Bull Case

For value and GARP investors, FIBK offers attractive institutional tailwinds. The Piotroski F-Score of 7 indicates strong financial health, while a Return on Equity of 9.13% and Operating Margin of 32.74% suggest efficient capital use and robust profitability. Despite a modest FCF Yield of 0.07%, the company's ability to generate cash is supported by a solid gross profit margin of 84.64%. These metrics paint a picture of a company with pricing power and capital efficiency, making it a potential buy for discerning investors.

The Bear Case

Despite some strengths, FIBK faces significant structural risks. The Altman Z-score of 0.25 signals potential financial distress, and the Current Ratio of 0.68 indicates liquidity challenges. Its Price to FCF ratio of 13.97 suggests the stock may not be as cheap as it appears. Additionally, trading close to its 52-week high could imply technical overextension, making it vulnerable to market corrections. Investors should be wary of these risks before committing capital.

Market Sentiment & Smart Money

Short Interest %

Analyst Consensus

Hold

Average Analyst Price Target

$38.50

Institutional Ownership %

1-Year Beta

0.75

Insider Buying % (6 Mo)

Distance to 52-Week High

10.28%

Distance to 52-Week Low

27.50%

EARNINGS SURPRISE %

1.67%

50-DAY SMA

$34.41

200-DAY SMA

$33.93

⚠️ Financial Disclaimer:
This content is for informational purposes only and is not financial advice. Information may be delayed or inaccurate. We may earn a commission from partner links.