FIBK Stock Analysis: First Interstate BancSystem | NASDAQ
Banks - Regional | NASDAQ, USA | Market Cap: 3.406m USD | 12M Return: 17.3% | US32055Y2019 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 43.5M
EPS Trend: 27.6%
Qual. Beats: 1
Rev. Trend: -66.5%
Qual. Beats: -1
Warnings
Tailwinds
Seasonality 11.7 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, Inc. (FIBK) is a U.S. bank holding company headquartered in Billings, Montana, founded in 1879 and operating through its subsidiary, First Interstate Bank. As a regional bank within the Financials sector, the company offers traditional depository products such as checking, savings, and time deposits, along with repurchase agreements for commercial and municipal clients. It also provides a broad suite of fee-based services, including trust, investment management, insurance, agency, and custodial offerings, as well as estate and personal trust administration.
The companys loan portfolio spans real estate (commercial, construction, residential, agricultural), consumer loans (personal, credit card, and indirect), commercial loans to small and medium-sized businesses, and agricultural financing. Beyond core banking, FIBK delivers support services such as credit review, loan servicing, mortgage loan sales, indirect consumer loan processing, and digital banking through online and mobile channels. Its customer base spans individuals, businesses, municipalities, and organizations across diverse industries including agriculture, construction, healthcare, hospitality, retail, technology, and tourism. Originally known as First Interstate Bancsystem Of Montana, Inc., the company adopted its current name in June 1993 and has been publicly traded on NASDAQ since its 2010 IPO.
- Net interest margin expansion lifts core profitability
- Commercial real estate loan losses pressure credit reserves
- Deposit costs rise amid regional bank funding competition
| Net Income: 324.3m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.01 > 0.02 and ΔFCF/TA -0.17 > 1.0 |
| NWC/Revenue: -1.42k% < 20% (prev -1.55k%; Δ 126.5% < -1%) |
| CFO/TA 0.01 > 3% & CFO 271.9m > Net Income 324.3m |
| Net Debt (-7.58b) to EBITDA (473.2m): -16.01 < 3 |
| Current Ratio: 0.38 > 1.5 & < 3 |
| Outstanding Shares: last quarter (96.8m) vs 12m ago -6.36% < -2% |
| Gross Margin: error (current vs previous; cannot be calculated due to missing/invalid data or negative margin) |
| Asset Turnover: 3.57% > 50% (prev 5.19%; Δ -1.62% > 0%) |
| Interest Coverage Ratio: 1.38 > 6 (EBIT TTM 417.5m / Interest Expense TTM 303.0m) |
| A: -0.52 (Total Current Assets 8.33b - Total Current Liabilities 21.9b) / Total Assets 25.9b |
| B: 0.05 (Retained Earnings 1.33b / Total Assets 25.9b) |
| C: 0.02 (EBIT TTM 417.5m / Avg Total Assets 26.7b) |
| D: 0.15 (Book Value of Equity 3.32b / Total Liabilities 22.6b) |
| Altman-Z'' = -3.01 = D |
| DSRI: 1.38 (Receivables 97.3m/105.7m, Revenue 953.3m/1.43b) |
| GMI: 0.67 (GM 65.36% / 97.19%) |
| AQI: 0.71 (AQ_t 0.66 / AQ_t-1 0.94) |
| SGI: 0.67 (Revenue 953.3m / 1.43b) |
| TATA: 0.00 (NI 324.3m - CFO 271.9m) / TA 25.9b) |
| Beneish M = -3.42 (Cap -4..+1) = AA |
As of October 06, 2026, the stock is trading at USD 35.62 with a total of 2,214,502 shares traded. Over the past week, the price has changed by -1.95%, over one month by -4.30%, over three months by -8.43% and over the past year by +17.25%.
Current recommended Stop Loss: 34.30 (which is 3.7% or 1.8 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 | 37.1 | 4.2% |
P/E Trailing = 11.239
P/E Forward = 12.1655
P/S = 3.2176
P/B = 1.034
P/EG = 1.1571
Revenue TTM = 953.3m USD
EBIT TTM = 417.5m USD
EBITDA TTM = 473.2m USD
Long Term Debt = 296.7m USD (from longTermDebt, last quarter)
Short Term Debt = 455.2m USD (from shortTermDebt, last quarter)
Debt = 752.5m USD (from shortLongTermDebtTotal, last quarter) + Leases 600k
Net Debt = -7.58b USD (calculated: Debt 752.5m - CCE 8.33b)
Enterprise Value = 3.41b USD (floored to Market Cap, CCE > MCap+Debt)
Interest Coverage Ratio = 1.38 (Ebit TTM 417.5m / Interest Expense TTM 303.0m)
EV/FCF = 14.00x (Enterprise Value 3.41b / FCF TTM 243.3m)
FCF Yield = 7.14% (FCF TTM 243.3m / Enterprise Value 3.41b)
FCF Margin = 25.52% (FCF TTM 243.3m / Revenue TTM 953.3m)
Net Margin = 34.02% (Net Income TTM 324.3m / Revenue TTM 953.3m)
Gross Margin = unknown ((Revenue TTM 953.3m - Cost of Revenue TTM 26.8m) / Revenue TTM)
Tobins Q-Ratio = 0.13 (Enterprise Value 3.41b / Total Assets 25.9b)
Interest Expense / Debt = 40.27% (Interest Expense 303.0m / Debt 752.5m)
Taxrate = 22.32% (93.2m / 417.5m)
NOPAT = 324.3m (EBIT 417.5m * (1 - 22.32%))
Current Ratio = 0.38 (Total Current Assets 8.33b / Total Current Liabilities 21.9b)
Debt / Equity = 0.23 (Debt 752.5m / totalStockholderEquity, last quarter 3.32b)
Debt / EBITDA = -16.01 (Net Debt -7.58b / EBITDA 473.2m)
Debt / FCF = -31.14 (Net Debt -7.58b / FCF TTM 243.3m)
Total Stockholder Equity = 3.39b (last 4 quarters mean from totalStockholderEquity)
RoA = 1.21% (Net Income 324.3m / Total Assets 25.9b)
RoE = 9.55% (Net Income TTM 324.3m / Total Stockholder Equity 3.39b)
RoCE = 11.31% (EBIT 417.5m / Capital Employed (Equity 3.39b + L.T.Debt 296.7m))
RoIC = 7.38% (NOPAT 324.3m / Invested Capital 4.40b)
WACC = 13.20% (E(3.41b)/V(4.16b) * Re(9.21%) + D(752.5m)/V(4.16b) * Rd(40.27%) * (1-Tc(0.22)))
Discount Rate = 9.21% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -75.37 | Cagr: -2.74%
[DCF] Terminal Value 57.30% ; FCFF base≈268.2m ; Y1≈235.2m ; Y5≈190.0m
[DCF] Fair Price = 97.43 (EV 1.71b - Net Debt -7.58b = Equity 9.29b / Shares 95.3m; r=13.20% [WACC]; 5y FCF grow -15.0% → 2.50% )
EPS Correlation: 27.60 | EPS CAGR: 4.58% | SUE: 1.49 | # QB: 1
Revenue Correlation: -66.50 | Revenue CAGR: -8.83% | SUE: -1.23 | # QB: -1
EPS current Quarter (2026-09-30): EPS=0.68 | Chg30d=-0.51% | Revisions=+38% | Analysts=8
EPS current Year (2026-12-31): EPS=2.70 | Chg30d=-0.18% | Revisions=+67% | GrowthEPS=-8.0% | GrowthRev=-6.5%
EPS next Year (2027-12-31): EPS=2.85 | Chg30d=+0.00% | Revisions=-44% | GrowthEPS=+5.4% | GrowthRev=+2.1%
[Analyst] Revisions Ratio: +25% (up=11, down=6)