First Interstate BancSystem Future Growth

Future criteria checks 1/6

First Interstate BancSystem is forecast to grow earnings and revenue by 8.9% and 6.1% per annum respectively. EPS is expected to grow by 8.6% per annum. Return on equity is forecast to be 7.9% in 3 years.

Key information

8.9%

Earnings growth rate

8.6%

EPS growth rate

Banks earnings growth	10.7%
Revenue growth rate	6.1%
Future return on equity	7.9%
Analyst coverage	Good
Last updated	19 Dec 2024

Recent future growth updates

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

Feb 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

Earnings and Revenue Growth Forecasts

NasdaqGS:FIBK - Analysts future estimates and past financials data (USD Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2026	1,102	284	N/A	N/A	6
12/31/2025	1,041	256	N/A	N/A	6
12/31/2024	990	234	N/A	N/A	6
9/30/2024	951	235	304	329	N/A
6/30/2024	975	253	344	368	N/A
3/31/2024	990	260	430	458	N/A
12/31/2023	994	258	400	428	N/A
9/30/2023	1,032	282	452	455	N/A
6/30/2023	1,058	295	487	495	N/A
3/31/2023	1,097	292	521	527	N/A
12/31/2022	1,020	202	525	534	N/A
9/30/2022	902	168	485	516	N/A
6/30/2022	787	129	421	445	N/A
3/31/2022	651	107	257	277	N/A
12/31/2021	646	192	272	282	N/A
9/30/2021	638	188	293	311	N/A
6/30/2021	634	189	347	365	N/A
3/31/2021	624	183	272	298	N/A
12/31/2020	607	161	238	268	N/A
9/30/2020	607	167	209	233	N/A
6/30/2020	606	168	67	88	N/A
3/31/2020	621	169	102	121	N/A
12/31/2019	624	181	111	127	N/A
9/30/2019	616	169	90	104	N/A
6/30/2019	599	161	157	169	N/A
3/31/2019	578	165	199	203	N/A
12/31/2018	563	160	214	219	N/A
9/30/2018	550	154	233	232	N/A
6/30/2018	542	140	N/A	164	N/A
3/31/2018	517	120	N/A	145	N/A
12/31/2017	481	107	N/A	155	N/A
9/30/2017	453	97	N/A	134	N/A
6/30/2017	421	95	N/A	170	N/A
3/31/2017	406	99	N/A	171	N/A
12/31/2016	402	96	N/A	118	N/A
9/30/2016	391	94	N/A	125	N/A
6/30/2016	384	89	N/A	124	N/A
3/31/2016	381	86	N/A	137	N/A
12/31/2015	378	87	N/A	115	N/A
9/30/2015	378	86	N/A	127	N/A
6/30/2015	376	85	N/A	120	N/A
3/31/2015	368	84	N/A	99	N/A
12/31/2014	366	84	N/A	122	N/A
9/30/2014	359	82	N/A	104	N/A
6/30/2014	355	87	N/A	125	N/A
3/31/2014	354	87	N/A	133	N/A
12/31/2013	355	86	N/A	150	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: FIBK's forecast earnings growth (8.9% per year) is above the savings rate (2.6%).

Earnings vs Market: FIBK's earnings (8.9% per year) are forecast to grow slower than the US market (15.2% per year).

High Growth Earnings: FIBK's earnings are forecast to grow, but not significantly.

Revenue vs Market: FIBK's revenue (6.1% per year) is forecast to grow slower than the US market (9.1% per year).

High Growth Revenue: FIBK's revenue (6.1% 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

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

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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 Future Growth

Future criteria checks 1/6

Key information

Recent future growth updates

Price target increased by 9.7% to US$32.43

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

Price target increased by 8.1% to US$29.00

Consensus EPS estimates fall by 15%

Price target decreased by 7.1% to US$33.71

Price target decreased by 8.0% to US$36.29

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