First Interstate BancSystem Balance Sheet Health

Financial Health criteria checks 6/6

First Interstate BancSystem has total assets of $30.1B and total equity of $3.2B. Total deposits are $22.8B, and total loans are $18.0B. It earns a Net Interest Margin of 3.1%. It has sufficient allowance for bad loans, which are currently at 1% of total loans. Cash and short-term investments are $635.0M.

Key information

9.4x

Asset to equity ratio

3.1%

Net interest margin

Total deposits	US$22.81b
Loan to deposit ratio	Appropriate
Bad loans	1.0%
Allowance for bad loans	Sufficient
Current ratio	Low
Cash & equivalents	US$635.00m

Recent financial health updates

No updates

Recent updates

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

First Interstate Banc GAAP EPS of $0.59 beats by $0.07, revenue of $288.9M beats by $15.56M

Jul 26

Is Now The Time To Put First Interstate BancSystem (NASDAQ:FIBK) On Your Watchlist?

Jan 12

First Interstate BancSystem: Acquisition-Related Cost Savings To Support Earnings

Dec 11

Does First Interstate BancSystem (NASDAQ:FIBK) Deserve A Spot On Your Watchlist?

Aug 31

First Interstate: A Solid Bank With An Even Better Growth Outlook

Aug 27

Financial Position Analysis

Debt to Equity History and Analysis

Balance Sheet

Financial Institutions Analysis

Asset Level: FIBK's Assets to Equity ratio (9.4x) is low.

Allowance for Bad Loans: FIBK has a sufficient allowance for bad loans (130%).

Low Risk Liabilities: 85% 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 (60%).

Low Risk Deposits: FIBK's Loans to Deposits ratio (79%) is appropriate.

Level of Bad Loans: FIBK has an appropriate level of bad loans (1%).

First Interstate BancSystem Balance Sheet Health

Financial Health criteria checks 6/6

Key information

Recent financial health updates

Recent updates

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

First Interstate BancSystem, Inc. Announces Management Changes

Independent Director recently sold US$341k worth of stock

Consensus EPS estimates fall by 16%

Price target decreased by 8.5% to US$44.67

Full year 2022 earnings: EPS and revenues miss analyst expectations

First Interstate BancSystem, Inc. Announces Net Loan Charge-Offs for the Fourth Quarter Ended December 31, 2022

First Interstate BancSystem, Inc. to Report Q4, 2022 Results on Jan 26, 2023

President recently sold US$104k worth of stock

President notifies of intention to sell stock

Independent Director notifies of intention to sell stock

Independent Director recently sold US$1.3m worth of stock

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

Insider recently sold US$686k worth of stock

Upcoming dividend of US$0.47 per share

Third quarter 2022 earnings: EPS and revenues miss analyst expectations

First Interstate BancSystem, Inc. Increases Quarterly Cash Dividend, Payable on November 18, 2022

First Interstate BancSystem, Inc. Announces Executive Changes

Insider recently sold US$103k worth of stock

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

Executive VP & Chief Banking Officer recently sold US$57k worth of stock

Consensus EPS estimates increase by 12%

Upcoming dividend of US$0.41 per share

First Interstate BancSystem, Inc. Declares Dividend, Payable on August 19, 2022

Second quarter 2022 earnings: EPS and revenues exceed analyst expectations

First Interstate Banc GAAP EPS of $0.59 beats by $0.07, revenue of $288.9M beats by $15.56M

First Interstate BancSystem, Inc. to Report Q2, 2022 Results on Jul 26, 2022

President recently bought US$594k worth of stock

First Interstate BancSystem Maintains Systematic Liquidity

First Interstate BancSystem (NASDAQ:FIBK) Will Pay A Dividend Of US$0.41

First quarter 2022 earnings: EPS and revenues miss analyst expectations

First Interstate BancSystem, Inc., Annual General Meeting, May 25, 2022

First Interstate BancSystem, Inc. to Report Q1, 2022 Results on Apr 28, 2022

Insider recently sold US$72k worth of stock

Full year 2021 earnings: EPS exceeds analyst expectations