Update shared on 20 Nov 2025
Fair value Increased 0.71%Analysts have modestly raised their price target for First Interstate BancSystem from $35.25 to $35.50. They cite slight adjustments in the projected discount rate and profit margin, which impact their fair value calculations.
What's in the News
- HoldCo Asset Management has built a 3.8% stake in First Interstate and is pressuring management to halt acquisitions and expand the share buyback program. The firm is also threatening to push for a company sale if management does not comply (Bloomberg).
- The company completed the repurchase of approximately 1.94 million shares for $60.2 million as part of its recent buyback program.
- First Interstate provided earnings guidance for 2026, expecting net interest income expansion in the mid-single digits.
- Net charge-offs declined significantly in the third quarter of 2025, dropping to $2.3 million from $5.8 million in the prior quarter and $27.4 million in the same period last year.
Valuation Changes
- Fair Value increased slightly from $35.25 to $35.50 per share.
- Discount Rate rose modestly from 6.78% to 6.96%.
- Revenue Growth remained essentially unchanged at approximately 4.96%.
- Net Profit Margin declined marginally from 44.21% to 43.95%.
- Future P/E decreased slightly from 8.98x to 8.78x.
Disclaimer
AnalystConsensusTarget is a tool utilizing a Large Language Model (LLM) that ingests data on consensus price targets, forecasted revenue and earnings figures, as well as the transcripts of earnings calls to produce qualitative analysis. The narratives produced by AnalystConsensusTarget are general in nature and are based solely on analyst data and publicly-available material published by the respective companies. These scenarios are not indicative of the company's future performance and are exploratory in nature. Simply Wall St has no position in the company(s) mentioned. Simply Wall St may provide the securities issuer or related entities with website advertising services for a fee, on an arm's length basis. These relationships have no impact on the way we conduct our business, the content we host, or how our content is served to users. The price targets and estimates used are consensus data, and do not constitute a recommendation to buy or sell any stock, and they do not take account of your objectives, or your financial situation. Note that AnalystConsensusTarget's analysis may not factor in the latest price-sensitive company announcements or qualitative material.