FIBK Stock Analysis: First Interstate BancSystem | NASDAQ
Banks - Regional | NASDAQ, USA | Market Cap: 3.746m USD | 12M Return: 34.9% | Charts, Fundamentals & Technical Analysis
Avg Turnover: 36.8M
EPS Trend: -22.1%
Qual. Beats: 0
Rev. Trend: -40.9%
Qual. Beats: 0
Warnings
No concerns identified
Tailwinds
Seasonality 10.5 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
First Interstate BancSystem is a US bank holding company headquartered in Billings, Montana, operating through First Interstate Bank. It provides traditional depository products such as checking, savings, time deposits, and repurchase agreements, alongside trust, investment management, insurance, and custodial services. Its lending activities span commercial and residential real estate, consumer, commercial, and agricultural loans, with a particular focus on small and medium-sized business borrowers, a typical orientation for regional banks in the US.
The company also delivers operational support services, including loan servicing, credit card servicing, and indirect consumer loan processing, and offers online and mobile banking platforms. It serves individuals, businesses, municipalities, and entities across sectors such as agriculture, construction, healthcare, retail, and tourism. Founded in 1879 and formerly known as First Interstate Bancsystem Of Montana, Inc., the company has been listed on NASDAQ under the ticker FIBK since 2010. As a mid-cap regional bank in the Financials sector, its business model combines net interest income from lending with fee-based revenue from trust, wealth management, and insurance services.
- Net interest margin compresses as Fed cuts rates
- Commercial real estate loan portfolio faces credit quality concerns
- Agricultural lending exposure softens on weaker commodity prices
| Net Income: 312.1m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.01 > 0.02 and ΔFCF/TA -0.19 > 1.0 |
| NWC/Revenue: -956.3% < 20% (prev -1.60k%; Δ 639.2% < -1%) |
| CFO/TA 0.01 > 3% & CFO 282.1m > Net Income 312.1m |
| Net Debt (451.6m) to EBITDA (455.5m): 0.99 < 3 |
| Current Ratio: 0.03 > 1.5 & < 3 |
| Outstanding Shares: last quarter (99.2m) vs 12m ago -4.04% < -2% |
| Gross Margin: 84.64% > 18% (prev 63.19%; Δ 21.45% > 0.5%) |
| Asset Turnover: 4.50% > 50% (prev 5.16%; Δ -0.66% > 0%) |
| Interest Coverage Ratio: 1.24 > 6 (EBIT TTM 402.8m / Interest Expense TTM 324.9m) |
| A: -0.45 (Total Current Assets 321.7m - Total Current Liabilities 12.1b) / Total Assets 26.4b |
| B: 0.05 (Retained Earnings 1.29b / Total Assets 26.4b) |
| C: 0.01 (EBIT TTM 402.8m / Avg Total Assets 27.4b) |
| D: 0.15 (Book Value of Equity 3.36b / Total Liabilities 23.1b) |
| Altman-Z'' = -2.51 = D |
| DSRI: 1.11 (Receivables 101.3m/107.9m, Revenue 1.23b/1.46b) |
| GMI: 0.75 (GM 63.19% / 84.64%) |
| AQI: 1.03 (AQ_t 0.97 / AQ_t-1 0.95) |
| SGI: 0.84 (Revenue 1.23b / 1.46b) |
| TATA: 0.00 (NI 312.1m - CFO 282.1m) / TA 26.4b) |
| Beneish M = -3.26 (Cap -4..+1) = AA |
As of July 08, 2026, the stock is trading at USD 39.16 with a total of 848,586 shares traded. Over the past week, the price has changed by +1.48%, over one month by +10.09%, over three months by +19.42% and over the past year by +34.85%.
Current recommended Stop Loss: 38.20 (which is 2.5% or 1.2 ATR below the current price).
First Interstate BancSystem has received a consensus analysts rating of 3.25. Therefore, it is recommended to hold FIBK.
- StrongBuy: 2
- Buy: 1
- Hold: 3
- Sell: 1
- StrongSell: 1
| Analysts Target Price | 37 | -5.5% |
P/E Trailing = 12.6013
P/E Forward = 13.0039
P/S = 3.6014
P/B = 1.1165
P/EG = 1.1571
Revenue TTM = 1.23b USD
EBIT TTM = 402.8m USD
EBITDA TTM = 455.5m USD
Long Term Debt = 296.6m USD (from longTermDebt, last quarter)
Short Term Debt = 476.1m USD (from shortTermDebt, last quarter)
Debt = 773.3m USD (from shortLongTermDebtTotal, last quarter) + Leases 600k
Net Debt = 451.6m USD (calculated: Debt 773.3m - CCE 321.7m)
Enterprise Value = 4.20b USD (3.75b + Debt 773.3m - CCE 321.7m)
Interest Coverage Ratio = 1.24 (Ebit TTM 402.8m / Interest Expense TTM 324.9m)
EV/FCF = 16.57x (Enterprise Value 4.20b / FCF TTM 253.3m)
FCF Yield = 6.03% (FCF TTM 253.3m / Enterprise Value 4.20b)
FCF Margin = 20.59% (FCF TTM 253.3m / Revenue TTM 1.23b)
Net Margin = 25.37% (Net Income TTM 312.1m / Revenue TTM 1.23b)
Gross Margin = 84.64% ((Revenue TTM 1.23b - Cost of Revenue TTM 189.0m) / Revenue TTM)
Gross Margin QoQ = none% (prev none%)
Tobins Q-Ratio = 0.16 (Enterprise Value 4.20b / Total Assets 26.4b)
Interest Expense / Debt = 42.01% (Interest Expense 324.9m / Debt 773.3m)
Taxrate = 22.52% (90.7m / 402.8m)
NOPAT = 312.1m (EBIT 402.8m * (1 - 22.52%))
Current Ratio = 0.03 (Total Current Assets 321.7m / Total Current Liabilities 12.1b)
Debt / Equity = 0.23 (Debt 773.3m / totalStockholderEquity, last quarter 3.36b)
Debt / EBITDA = 0.99 (Net Debt 451.6m / EBITDA 455.5m)
Debt / FCF = 1.78 (Net Debt 451.6m / FCF TTM 253.3m)
Total Stockholder Equity = 3.42b (last 4 quarters mean from totalStockholderEquity)
RoA = 1.14% (Net Income 312.1m / Total Assets 26.4b)
RoE = 9.13% (Net Income TTM 312.1m / Total Stockholder Equity 3.42b)
RoCE = 10.84% (EBIT 402.8m / Capital Employed (Equity 3.42b + L.T.Debt 296.6m))
RoIC = 1.18% (NOPAT 312.1m / Invested Capital 26.4b)
WACC = 13.34% (E(3.75b)/V(4.52b) * Re(9.37%) + D(773.3m)/V(4.52b) * Rd(42.01%) * (1-Tc(0.23)))
Discount Rate = 9.37% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -24.44 | Cagr: -1.91%
[DCF] Terminal Value 56.93% ; FCFF base≈282.1m ; Y1≈247.4m ; Y5≈199.9m
[DCF] Fair Price = 13.63 (EV 1.78b - Net Debt 451.6m = Equity 1.32b / Shares 97.1m; r=13.34% [WACC]; 5y FCF grow -15.0% → 2.50% )
EPS Correlation: -22.14 | EPS CAGR: -3.54% | SUE: 0.13 | # QB: 0
Revenue Correlation: -40.94 | Revenue CAGR: -2.45% | SUE: 0.00 | # QB: 0
EPS current Quarter (2026-06-30): EPS=0.64 | Chg30d=+0.00% | Revisions=-22% | Analysts=6
EPS next Quarter (2026-09-30): EPS=0.68 | Chg30d=+0.00% | Revisions=-44% | Analysts=6
EPS current Year (2026-12-31): EPS=2.62 | Chg30d=+0.00% | Revisions=-30% | GrowthEPS=-10.9% | GrowthRev=-5.8%
EPS next Year (2027-12-31): EPS=2.95 | Chg30d=+0.00% | Revisions=+0% | GrowthEPS=+12.5% | GrowthRev=+4.9%
[Analyst] Revisions Ratio: -35% (up=7, down=16)