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. More Details
No risks detected for FIBK from our risk checks.
Flawless balance sheet 6 star dividend payer.
Share Price & News
How has First Interstate BancSystem's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: FIBK is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: FIBK's weekly volatility (4%) has been stable over the past year.
7 Day Return
1 Year Return
Return vs Industry: FIBK underperformed the US Banks industry which returned 63.3% over the past year.
Return vs Market: FIBK underperformed the US Market which returned 33.8% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is First Interstate BancSystem's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 weeks ago | Simply Wall StDoes First Interstate BancSystem (NASDAQ:FIBK) Deserve A Spot On Your Watchlist?
1 month ago | Simply Wall StThere's A Lot To Like About First Interstate BancSystem's (NASDAQ:FIBK) Upcoming US$0.41 Dividend
2 months ago | Simply Wall StIf You Had Bought First Interstate BancSystem (NASDAQ:FIBK) Shares A Year Ago You'd Have Earned 49% Returns
Is First Interstate BancSystem undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: FIBK ($38.74) is trading below our estimate of fair value ($59.84)
Significantly Below Fair Value: FIBK is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: FIBK is poor value based on its PE Ratio (12.8x) compared to the US Banks industry average (10.8x).
PE vs Market: FIBK is good value based on its PE Ratio (12.8x) compared to the US market (17.8x).
Price to Earnings Growth Ratio
PEG Ratio: FIBK is good value based on its PEG Ratio (0.6x)
Price to Book Ratio
PB vs Industry: FIBK is overvalued based on its PB Ratio (1.2x) compared to the US Banks industry average (1.1x).
How is First Interstate BancSystem forecast to perform in the next 1 to 3 years based on estimates from 5 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: FIBK's forecast earnings growth (22.1% per year) is above the savings rate (2%).
Earnings vs Market: FIBK's earnings (22.1% per year) are forecast to grow faster than the US market (14.9% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: FIBK's revenue (5.8% per year) is forecast to grow slower than the US market (9.8% per year).
High Growth Revenue: FIBK's revenue (5.8% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: FIBK's Return on Equity is forecast to be low in 3 years time (10%).
How has First Interstate BancSystem performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: FIBK has high quality earnings.
Growing Profit Margin: FIBK's current net profit margins (29.8%) are higher than last year (27.7%).
Past Earnings Growth Analysis
Earnings Trend: FIBK's earnings have grown by 15.1% per year over the past 5 years.
Accelerating Growth: FIBK's earnings growth over the past year (12.9%) is below its 5-year average (15.1% per year).
Earnings vs Industry: FIBK earnings growth over the past year (12.9%) underperformed the Banks industry 36%.
Return on Equity
High ROE: FIBK's Return on Equity (9.6%) is considered low.
How is First Interstate BancSystem's financial position? (This company is analysed differently as a bank or financial institution)
Financial Position Analysis
Debt to Equity History and Analysis
Financial Institutions Analysis
Asset Level: FIBK's Assets to Equity ratio (9.6x) is low.
Allowance for Bad Loans: FIBK has a sufficient allowance for bad loans (381%).
Low Risk Liabilities: 92% of FIBK's liabilities are made up of primarily low risk sources of funding.
Loan Level: FIBK has an appropriate level of Loans to Assets ratio (51%).
Low Risk Deposits: FIBK's Loans to Deposits ratio (62%) is appropriate.
Level of Bad Loans: FIBK has an appropriate level of bad loans (0.4%).
What is First Interstate BancSystem current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: FIBK's dividend (4.23%) is higher than the bottom 25% of dividend payers in the US market (1.33%).
High Dividend: FIBK's dividend (4.23%) is in the top 25% of dividend payers in the US market (3.6%)
Stability and Growth of Payments
Stable Dividend: FIBK's dividends per share have been stable in the past 10 years.
Growing Dividend: FIBK's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonable payout ratio (53%), FIBK's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: FIBK's dividends in 3 years are forecast to be covered by earnings (55.2% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Kevin Riley (61 yo)
Mr. Kevin P. Riley has been the Chief Executive Officer and President of First Interstate Bancsystem, Inc. since September 23, 2015. Mr. Riley served as the Chief Financial Officer and Executive Vice Presi...
CEO Compensation Analysis
Compensation vs Market: Kevin's total compensation ($USD2.91M) is below average for companies of similar size in the US market ($USD5.27M).
Compensation vs Earnings: Kevin's compensation has been consistent with company performance over the past year.
Experienced Management: FIBK's management team is considered experienced (3.5 years average tenure).
Experienced Board: FIBK's board of directors are considered experienced (4.3 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
First Interstate BancSystem, Inc.'s company bio, employee growth, exchange listings and data sources
- Name: First Interstate BancSystem, Inc.
- Ticker: FIBK
- Exchange: NasdaqGS
- Founded: 1971
- Industry: Regional Banks
- Sector: Banks
- Market Cap: US$2.411b
- Shares outstanding: 62.24m
- Website: https://www.FIBK.com
Number of Employees
- First Interstate BancSystem, Inc.
- 401 North 31st Street
- PO Box 30918
- United States
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 deposit products that i...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/09/18 22:05|
|End of Day Share Price||2021/09/17 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.