First Interstate BancSystem, Inc.

NasdaqGS:FIBK Stock Report

Market Cap: US$3.4b

First Interstate BancSystem Future Growth

Future criteria checks 3/6

First Interstate BancSystem is forecast to grow earnings and revenue by 21.9% and 4.4% per annum respectively. EPS is expected to grow by 10.7% per annum. Return on equity is forecast to be 7.9% in 3 years.

Key information

21.9%

Earnings growth rate

10.70%

EPS growth rate

Banks earnings growth8.1%
Revenue growth rate4.4%
Future return on equity7.92%
Analyst coverage

Good

Last updated30 Apr 2026

Recent future growth updates

Recent updates

First Interstate BancSystem Is Getting Closer To An Upgrade

Apr 27

FIBK: Rising Credit Costs And Cautious Execution Will Pressure Future Returns

Analysts have trimmed the implied value for First Interstate BancSystem, with the updated price target moving from about $36.00 to roughly $30.13, as recent research reports reflect adjusted expectations around revenue growth, profitability and future P/E assumptions. Analyst Commentary Recent Street research around First Interstate BancSystem has leaned more cautious, with several firms adjusting ratings and price targets over the past few months.

FIBK: Cautious Sentiment And Buybacks Will Shape Future Share Returns

Analysts have lifted the implied fair value estimate for First Interstate BancSystem from about $30.04 to $36.00, reflecting recent adjustments to price targets as firms reassess revenue growth, profit margin assumptions, and the future P/E multiple. Analyst Commentary Recent Street research on First Interstate BancSystem shows a mix of raised and lowered price targets, along with at least one downgrade, which leaves sentiment looking cautious even as some firms adjust targets upward.

FIBK: Mixed Sentiment And Buybacks Will Shape Future Share Performance

Analysts have made a modest trim to their overall price expectations for First Interstate BancSystem, with the blended target slipping by about $0.34 as they factor in lower modeled revenue growth, slightly softer profit margins, and a marginally higher discount rate, even as several recent firm specific target changes have moved in different directions. Analyst Commentary Recent Street research on First Interstate BancSystem has been mixed, with some firms lifting price targets and others trimming expectations or turning more cautious.

FIBK: Share Buybacks And Mixed Profit Outlook Will Shape Balanced Return Profile

The analyst price target for First Interstate BancSystem has been adjusted slightly lower by $0.13 to $37.88 as analysts factor in a reduced profit margin outlook alongside recent mixed Street calls that include both price target increases and downgrades. Analyst Commentary Recent research on First Interstate BancSystem has been mixed, with some firms lifting price targets while others turn more cautious.

FIBK: Buybacks And Index Additions Will Balance Mixed Street Sentiment

Analysts have kept their fair value estimate for First Interstate BancSystem steady at $38.00, while fine tuning assumptions around discount rate, growth, and future P/E after a mix of recent price target increases and decreases across the Street. Analyst Commentary Recent Street research on First Interstate BancSystem reflects a mixed but active debate around the stock, with several firms adjusting price targets and one high profile downgrade.

FIBK: Buybacks And Index Additions Will Offset Mixed Earnings Expectations

The analyst fair value estimate for First Interstate BancSystem has increased by $2.50 to $38.00, with analysts citing updated assumptions that include more resilient profit margins and a slightly lower future P/E multiple, despite mixed recent price target changes across the Street. Analyst Commentary Street research on First Interstate BancSystem has been mixed, with some firms lifting their price targets while at least one has moved to a more cautious stance.

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

Feb 01
First Interstate BancSystem's (NASDAQ:FIBK) Dividend Will Be $0.47

FIBK: Sector Catch Up Hopes Will Limit Future Share Returns

Narrative Update The analyst price target for First Interstate BancSystem has been raised by US$3 to US$37. Analysts cite a broad sector reset that includes expectations for a steeper yield curve, improving loan growth, robust bank merger activity, and credit conditions that they describe as largely in check.

FIBK: Activist Demands And Neutral Outlook Will Restrain Future Share Returns

Analysts have trimmed their fair value estimate for First Interstate BancSystem slightly to about $30.00 per share, reflecting updated assumptions on growth, profitability, and forward P/E after recent Street research, including a higher US$37 price target from UBS, pointed to cautious optimism around mid-cap banks. Analyst Commentary Recent Street research has framed First Interstate BancSystem within a mid-cap bank group that some see as poised for a year of catch up versus larger peers, with references to a steepening yield curve, improving loan growth, and credit trends that are described as largely in check.

FIBK: Activist Pressure And Rich Multiple Will Limit Future Share Returns

Analysts have raised their price target on First Interstate BancSystem from 25.00 dollars to approximately 30.45 dollars, reflecting expectations for stronger long term profitability and a modestly higher future earnings multiple, despite tempered revenue growth assumptions and a slightly higher discount rate. What's in the News HoldCo Asset Management has built a 3.8% stake in First Interstate, calling for an end to acquisitions, increased share buybacks, and warning it may push for a sale if the board does not change course (Bloomberg).

FIBK: Activist Campaign Will Shape Buybacks While Core Metrics Stay Steady

Analysts have modestly raised their price target on First Interstate BancSystem to 35.50 dollars from 35.50 dollars. This reflects their continued confidence in the bank's stable fair value, discount rate, and projected revenue growth and profitability metrics.

FIBK: Activist Pressure Will Drive Share Buybacks and Potential Sale Push

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.

FIBK: Activist Pressure Will Drive Buyback Focus Amid Improved Charge-Offs

Analysts have raised their price target for First Interstate BancSystem from $34.38 to $35.25. This change reflects updated expectations following recent adjustments to growth and profitability forecasts.

Analysts Raise First Interstate BancSystem Target Price Amid Buyback Plans and Improved Margins

Analysts have slightly raised their price target for First Interstate BancSystem from $33.63 to $34.38. They cite improved profit margin forecasts, even though there have only been modest adjustments to revenue growth expectations.

Mountain West And Midwest Focus Will Fuel Digital Banking Expansion

Analysts have raised their price target for First Interstate BancSystem from $32.25 to $33.63 per share. They cite improved projected profit margins and a slightly lower discount rate as the primary drivers behind the adjustment.

First Interstate BancSystem (NASDAQ:FIBK) Is Due To Pay A Dividend Of $0.47

May 03
First Interstate BancSystem (NASDAQ:FIBK) Is Due To Pay A Dividend Of $0.47

First Interstate BancSystem: Reasons To Remain Bearish Are Still There

Apr 13

First Interstate: High Yield At A Great Price

Jan 11

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

Oct 29
First Interstate BancSystem (NASDAQ:FIBK) Will Pay A Dividend Of $0.47

First Interstate BancSystem: Big Dividend Yield, But Fairly Valued

Sep 16
User avatar

Strengthened Financial Base And Decisive Investments Poised To Propel Growth

Strong capital and liquidity position along with strategic focus on treasury improvements and systems signal a robust platform for growth and service enhancement.

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

Aug 16

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

Jul 30
First Interstate BancSystem's (NASDAQ:FIBK) Dividend Will Be $0.47

Earnings and Revenue Growth Forecasts

NasdaqGS:FIBK - Analysts future estimates and past financials data (USD Millions)
DateRevenueEarningsFree Cash FlowCash from OpAvg. No. Analysts
12/31/20251,032302278306N/A
9/30/2025954245307334N/A
6/30/2025935230306332N/A
3/31/2025922218326346N/A
12/31/2024932226332355N/A
9/30/2024951235304329N/A
6/30/2024975253344368N/A
3/31/2024990260430458N/A
12/31/2023994258400428N/A
9/30/20231,032282452455N/A
6/30/20231,058295487495N/A
3/31/20231,097292521527N/A
12/31/20221,020202525534N/A
9/30/2022902168485516N/A
6/30/2022787129421445N/A
3/31/2022651107257277N/A
12/31/2021646192272282N/A
9/30/2021638188293311N/A
6/30/2021634189347365N/A
3/31/2021624183272298N/A
12/31/2020607161238268N/A
9/30/2020607167209233N/A
6/30/20206061686788N/A
3/31/2020621169102121N/A
12/31/2019624181N/A127N/A
9/30/2019616169N/A104N/A
6/30/2019599161N/A169N/A
3/31/2019578165N/A203N/A
12/31/2018563160N/A219N/A
9/30/2018550154N/A232N/A
6/30/2018542140N/A164N/A
3/31/2018517120N/A145N/A
12/31/2017481107N/A155N/A
9/30/201745397N/A134N/A
6/30/201742195N/A170N/A
3/31/201740699N/A171N/A
12/31/201640296N/A118N/A
9/30/201639194N/A125N/A
6/30/201638489N/A124N/A
3/31/201638186N/A137N/A
12/31/201537887N/A115N/A
9/30/201537886N/A127N/A
6/30/201537685N/A120N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: FIBK's forecast earnings growth (21.9% per year) is above the savings rate (3.4%).

Earnings vs Market: FIBK's earnings (21.9% per year) are forecast to grow faster than the US market (15.8% per year).

High Growth Earnings: FIBK's earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: FIBK's revenue (4.4% per year) is forecast to grow slower than the US market (11% per year).

High Growth Revenue: FIBK's revenue (4.4% 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 (7.9%).

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/04/30 11:15
End of Day Share Price 2026/04/30 00:00
Earnings2026/03/31
Annual Earnings2025/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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.

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 Github.

Analyst Sources

First Interstate BancSystem, Inc. is covered by 14 analysts. 6 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
David GeorgeBaird
Jason GoldbergBarclays
Jared David ShawBarclays