(FIBK) First Interstate BancSystem - Ratings and Ratios

Exchange: NASDAQ • Country: United States • Currency: USD • Type: Common Stock • ISIN: US32055Y2019

Deposits, Loans, Trust, Insurance, Digital

Stock: Regional Banks
Age 15.8y

MCap 3,794m
Avg Vol 934K (34.0M USD)

Beta 1.112
Volatility 41.13%

EPS (Earnings per Share)

EPS CAGR: -6.56%
EPS Trend: -32.4%

Last SUE: 1.27
Qual. Beats: 2

Revenue

Rev. CAGR: 12.10%
Rev. Trend: 48.6%

Last SUE: -0.01
Qual. Beats: 0

Dividends

Dividend Yield	6.22%
Yield on Cost 5y	6.00%
Yield CAGR 5y	3.47%
Payout Consistency	97.4%
Payout Ratio	79.3%

Risk via 5d forecast
Volatility	41.1%
Value at Risk 5%th	55.9%
Relative Tail Risk	-17.41%

Reward TTM
Sharpe Ratio	0.68
Alpha	7.13
CAGR/Max DD	0.17

Character TTM
Hurst Exponent	0.422
Beta	1.112
Beta Downside	1.135

Drawdowns 3y
Max DD	40.91%
Mean DD	17.19%
Median DD	17.67%

Description: FIBK First Interstate BancSystem January 11, 2026

First Interstate BancSystem, Inc. (NASDAQ:FIBK) is a Montana-based bank holding company that operates First Interstate Bank, delivering a full suite of depository, lending, trust, investment-management, and insurance-related services to individuals, businesses, municipalities, and a broad range of industry sectors across the United States.

The institution’s loan book is diversified across real-estate (commercial, construction, residential, agricultural), consumer (personal, credit-card, lines of credit), and commercial credit (fixed- and variable-rate loans to small- and mid-size manufacturers, retailers, and service firms), complemented by ancillary services such as loan servicing, credit-card issuance, mortgage sales, and digital banking platforms.

Key recent performance metrics (Q2 2024) show a net interest margin of **3.45%**, total loan growth of **5.2% YoY**, and a **71.8% efficiency ratio**, indicating solid profitability and cost control relative to peers. The bank’s balance sheet now totals roughly **$12.3 billion** in assets, with deposits up **4.1%** year-over-year, supporting a stable funding profile.

The regional-bank sector remains highly sensitive to the Federal Reserve’s policy stance; a higher-for-longer interest-rate environment typically expands net interest income but can suppress loan demand in rate-sensitive segments such as construction and consumer credit. Additionally, credit-quality trends in agriculture and small-business lending serve as leading indicators for earnings volatility in this space.

For a deeper quantitative assessment, the ValueRay platform provides a concise, data-driven snapshot of FIBK’s valuation and risk profile.

Piotroski VR‑10 (Strict, 0-10) 4.0

Net Income (245.4m TTM) > 0 and > 6% of Revenue (6% = 78.4m TTM)

FCFTA 0.01 (>2.0%) and ΔFCFTA 0.10pp (YES ≥ +1.0pp, WARN ≥ +0.5pp)

NWC/Revenue -1676 % (prev -1325 %; Δ -351.0pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp)

CFO/TA 0.01 (>3.0%) and CFO 333.5m > Net Income 245.4m (YES >=105%, WARN >=100%)

Net Debt (-654.6m) to EBITDA (371.1m) ratio: -1.76 <= 3.0 (WARN <= 3.5)

Current Ratio 0.07 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active)

Outstanding Shares last Quarter (103.4m) change vs 12m ago 0.15% (target <= -2.0% for YES)

Gross Margin 72.96% (prev 64.42%; Δ 8.54pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0)

Asset Turnover 4.59% (prev 4.99%; Δ -0.40pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0)

Interest Coverage Ratio 0.83 (EBITDA TTM 371.1m / Interest Expense TTM 385.3m) >= 6 (WARN >= 3)

Altman Z'' -4.89

(A) -0.80 = (Total Current Assets 1.66b - Total Current Liabilities 23.57b) / Total Assets 27.33b

(B) 0.04 = Retained Earnings (Balance) 1.21b / Total Assets 27.33b

(D) 0.14 = Book Value of Equity 3.45b / Total Liabilities 23.88b

Total Rating: -4.89 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D)

ValueRay F-Score (Strict, 0-100) 62.33

1. Piotroski 4.0pt

2. FCF Yield 10.13%

3. FCF Margin 23.52%

4. Debt/Equity 0.23

5. Debt/Ebitda -1.76

6. ROIC - WACC (= -4.12)%

7. RoE 7.25%

8. Rev. Trend 48.57%

9. EPS Trend -32.42%

What is the price of FIBK shares?

As of January 22, 2026, the stock is trading at USD 38.05 with a total of 1,760,196 shares traded.
Over the past week, the price has changed by +4.16%, over one month by +5.49%, over three months by +23.71% and over the past year by +23.67%.

Is FIBK a buy, sell or hold?

First Interstate BancSystem has received a consensus analysts rating of 3.25. Therefor, it is recommend to hold FIBK.

Strong Buy: 2
Buy: 1
Hold: 3
Sell: 1
Strong Sell: 1

What are the forecasts/targets for the FIBK price?

Issuer	Target	Up/Down from current
Wallstreet Target Price	37.4	-1.8%
Analysts Target Price	37.4	-1.8%
ValueRay Target Price	44	15.6%

FIBK Fundamental Data Overview January 19, 2026

P/E Trailing = 15.5485
P/E Forward = 14.43
P/S = 3.9785
P/B = 1.0994
P/EG = 1.84
Revenue TTM = 1.31b USD
EBIT TTM = 319.2m USD
EBITDA TTM = 371.1m USD
Long Term Debt = 308.6m USD (from longTermDebt, last quarter)
Short Term Debt = 485.2m USD (from shortTermDebt, last quarter)
Debt = 794.5m USD (from shortLongTermDebtTotal, last quarter)
Net Debt = -654.6m USD (from netDebt column, last quarter)
Enterprise Value = 3.03b USD (3.79b + Debt 794.5m - CCE 1.55b)
Interest Coverage Ratio = 0.83 (Ebit TTM 319.2m / Interest Expense TTM 385.3m)
EV/FCF = 9.87x (Enterprise Value 3.03b / FCF TTM 307.4m)
FCF Yield = 10.13% (FCF TTM 307.4m / Enterprise Value 3.03b)
FCF Margin = 23.52% (FCF TTM 307.4m / Revenue TTM 1.31b)
Net Margin = 18.77% (Net Income TTM 245.4m / Revenue TTM 1.31b)
Gross Margin = 72.96% ((Revenue TTM 1.31b - Cost of Revenue TTM 353.5m) / Revenue TTM)
Gross Margin QoQ = 100.0% (prev 73.42%)
Tobins Q-Ratio = 0.11 (Enterprise Value 3.03b / Total Assets 27.33b)
Interest Expense / Debt = 10.72% (Interest Expense 85.2m / Debt 794.5m)
Taxrate = 22.89% (21.2m / 92.6m)
NOPAT = 246.1m (EBIT 319.2m * (1 - 22.89%))
Current Ratio = 0.07 (Total Current Assets 1.66b / Total Current Liabilities 23.57b)
Debt / Equity = 0.23 (Debt 794.5m / totalStockholderEquity, last quarter 3.45b)
Debt / EBITDA = -1.76 (Net Debt -654.6m / EBITDA 371.1m)
Debt / FCF = -2.13 (Net Debt -654.6m / FCF TTM 307.4m)
Total Stockholder Equity = 3.38b (last 4 quarters mean from totalStockholderEquity)
RoA = 0.86% (Net Income 245.4m / Total Assets 27.33b)
RoE = 7.25% (Net Income TTM 245.4m / Total Stockholder Equity 3.38b)
RoCE = 8.64% (EBIT 319.2m / Capital Employed (Equity 3.38b + L.T.Debt 308.6m))
RoIC = 5.59% (NOPAT 246.1m / Invested Capital 4.41b)
WACC = 9.71% (E(3.79b)/V(4.59b) * Re(10.01%) + D(794.5m)/V(4.59b) * Rd(10.72%) * (1-Tc(0.23)))
Discount Rate = 10.01% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: -100.0 | Cagr: -0.13%
[DCF Debug] Terminal Value 70.03% ; FCFF base≈306.0m ; Y1≈274.1m ; Y5≈233.0m
Fair Price DCF = 37.11 (EV 3.16b - Net Debt -654.6m = Equity 3.82b / Shares 102.9m; r=9.71% [WACC]; 5y FCF grow -12.86% → 2.90% )
EPS Correlation: -32.42 | EPS CAGR: -6.56% | SUE: 1.27 | # QB: 2
Revenue Correlation: 48.57 | Revenue CAGR: 12.10% | SUE: -0.01 | # QB: 0
EPS next Quarter (2026-03-31): EPS=0.59 | Chg30d=+0.003 | Revisions Net=+2 | Analysts=7
EPS next Year (2026-12-31): EPS=2.59 | Chg30d=-0.002 | Revisions Net=-2 | Growth EPS=+1.9% | Growth Revenue=+1.1%

Additional Sources for FIBK Stock

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