First Interstate BancSystem Dividends and Buybacks

Dividend criteria checks 6/6

First Interstate BancSystem is a dividend paying company with a current yield of 5.76% that is well covered by earnings.

Key information

5.8%

Dividend yield

1.0%

Buyback Yield

Total Shareholder Yield	6.7%
Future Dividend Yield	5.8%
Dividend Growth	10.5%
Next dividend pay date	n/a
Ex dividend date	n/a
Dividend per share	US$1.880
Payout ratio	82%

Recent dividend and buyback updates

First Interstate BancSystem (NASDAQ:FIBK) Will Pay A Dividend Of $0.47

Oct 29

First Interstate BancSystem's (NASDAQ:FIBK) Dividend Will Be $0.47

Jul 30

First Interstate BancSystem (NASDAQ:FIBK) Will Pay A Larger Dividend Than Last Year At $0.47

Nov 02

Recent updates

Shareholders May Be Wary Of Increasing First Interstate BancSystem, Inc.'s (NASDAQ:FIBK) CEO Compensation Package

May 14

First Interstate BancSystem: A Downgrade On Low Asset Quality And Deposit Woes

May 08

First Interstate BancSystem: 2024 Does Not Bode Well

Feb 04

Analysts Are Updating Their First Interstate BancSystem, Inc. (NASDAQ:FIBK) Estimates After Its Annual Results

Feb 02

First Interstate BancSystem (NASDAQ:FIBK) Will Pay A Larger Dividend Than Last Year At $0.47

Nov 02

First Interstate BancSystem: Benefits From Acquisition, Organic Growth Appear Priced-In

Aug 06

Stability and Growth of Payments

Fetching dividends data

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.

Dividend Yield vs Market

First Interstate BancSystem Dividend Yield vs Market

How does FIBK dividend yield compare to the market?
Segment	Dividend Yield
Company (FIBK)	5.8%
Market Bottom 25% (US)	1.4%
Market Top 25% (US)	4.5%
Industry Average (Banks)	2.7%
Analyst forecast (FIBK) (up to 3 years)	5.8%

Notable Dividend: FIBK's dividend (5.76%) is higher than the bottom 25% of dividend payers in the US market (1.45%).

High Dividend: FIBK's dividend (5.76%) is in the top 25% of dividend payers in the US market (4.5%)

Current Payout to Shareholders

Earnings Coverage: At its current payout ratio (82.3%), FIBK's 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 (71.4% payout ratio).

Discover strong dividend paying companies

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/23 06:13
End of Day Share Price	2024/12/20 00:00
Earnings	2024/09/30
Annual Earnings	2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

First Interstate BancSystem, Inc. is covered by 14 analysts. 7 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
David George	Baird
Jared Shaw	Barclays
Jason Goldberg	Barclays

First Interstate BancSystem Dividends and Buybacks

Dividend criteria checks 6/6

Key information

Recent dividend and buyback updates

First Interstate BancSystem (NASDAQ:FIBK) Will Pay A Dividend Of $0.47

First Interstate BancSystem's (NASDAQ:FIBK) Dividend Will Be $0.47

First Interstate Bancsystem, Inc Declares Dividend, Payable on May 16, 2024

First Interstate Bancsystem, Inc Declares Dividend, Payable on February 19, 2024

First Interstate BancSystem, Inc. Declares Dividend, Payable on August 17, 2023

First Interstate BancSystem (NASDAQ:FIBK) Will Pay A Larger Dividend Than Last Year At $0.47

Recent updates

Now 21% undervalued

Insider recently sold US$599k worth of stock

Now 23% undervalued

First Interstate BancSystem (NASDAQ:FIBK) Will Pay A Dividend Of $0.47

Third quarter dividend of US$0.47 announced

Third quarter 2024 earnings: EPS misses analyst expectations

First Interstate BancSystem, Inc. Reports Net Charge Off for the Third Quarter Ended September 30, 2024

Now 20% undervalued

First Interstate BancSystem, Inc. Announces the Appointment of James A. Reuter as President, Effective November 1, 2024

First Interstate BancSystem, Inc. to Report Q3, 2024 Results on Oct 24, 2024

Now 22% undervalued

First Interstate BancSystem: Big Dividend Yield, But Fairly Valued

First Interstate BancSystem: CRE Loans Take Up A Huge Weight In The Portfolio

Independent Director recently sold US$632k worth of stock

Independent Director notifies of intention to sell stock

First Interstate BancSystem's (NASDAQ:FIBK) Dividend Will Be $0.47

Second quarter dividend of US$0.47 announced

Price target increased by 9.7% to US$32.43

Second quarter 2024 earnings: EPS exceeds analyst expectations

First Interstate BancSystem, Inc. Reports Net Charge-Offs for the Second Quarter Ended June 30, 2024

First Interstate BancSystem, Inc. to Report Q2, 2024 Results on Jul 25, 2024

Insider recently sold US$4.4m worth of stock

First Interstate BancSystem, Inc. Announces CEO Kevin P. Riley’S Retirement

First Interstate BancSystem, Inc. Announces Board and Committee Changes

New minor risk - Insider selling

Insider recently sold US$3.0m worth of stock

Shareholders May Be Wary Of Increasing First Interstate BancSystem, Inc.'s (NASDAQ:FIBK) CEO Compensation Package

First Interstate BancSystem: A Downgrade On Low Asset Quality And Deposit Woes

First quarter dividend of US$0.47 announced

New major risk - Revenue and earnings growth

First Interstate Bancsystem, Inc Declares Dividend, Payable on May 16, 2024

First quarter 2024 earnings: EPS exceeds analyst expectations

First Interstate BancSystem, Inc., Annual General Meeting, May 22, 2024

First Interstate BancSystem, Inc. to Report Q1, 2024 Results on Apr 24, 2024

First Interstate BancSystem, Inc. Announces Retirement of James P. Brannen as Member of the Board of Directors

Full year 2023 earnings: EPS in line with expectations, revenues disappoint

First Interstate BancSystem: 2024 Does Not Bode Well

Fourth quarter dividend of US$0.47 announced

Analysts Are Updating Their First Interstate BancSystem, Inc. (NASDAQ:FIBK) Estimates After Its Annual Results

Full year 2023 earnings: EPS in line with expectations, revenues disappoint

First Interstate Bancsystem, Inc Declares Dividend, Payable on February 19, 2024

First Interstate BancSystem, Inc. to Report Q4, 2023 Results on Jan 30, 2024

Price target increased by 8.1% to US$29.00

Insider recently sold US$32m worth of stock

Now 21% undervalued

First Interstate BancSystem, Inc. Appoints Lori Meyer as the Executive Vice President and Chief Information Officer

Insider recently sold US$313k worth of stock

Third quarter 2023 earnings: EPS exceeds analyst expectations while revenues lag behind

First Interstate BancSystem, Inc. Reports Net Charge-Offs for the Third Quarter Ended September 30, 2023

First Interstate BancSystem, Inc. to Report Q3, 2023 Results on Oct 25, 2023

Insider recently sold US$1.0m worth of stock

First Interstate BancSystem, Inc. Appoints Lorrie L. Asker as Executive Vice President and Chief Banking Officer

Second quarter 2023 earnings: EPS and revenues miss analyst expectations

First Interstate BancSystem, Inc. Declares Dividend, Payable on August 17, 2023

Now 20% undervalued after recent price drop

First Interstate BancSystem, Inc. to Report Q2, 2023 Results on Jul 26, 2023

New major risk - Revenue and earnings growth

First Interstate Bancsystem, Inc. Announces Executive Changes

President recently bought US$343k worth of stock

Investor sentiment improves as stock rises 15%

Independent Director recently sold US$986k worth of stock

Independent Director recently sold US$1.3m worth of stock

Executive VP & CFO recently bought US$128k worth of stock

Consensus EPS estimates fall by 15%

Price target decreased by 7.1% to US$33.71

First quarter 2023 earnings: EPS and revenues miss analyst expectations

Price target decreased by 8.0% to US$36.29

Independent Director recently sold US$10m worth of stock

Full year 2022 earnings: EPS and revenues miss analyst expectations