First Interstate BancSystem, Inc. (FIBK) AI Stock Analysis

First Interstate BancSystem, Inc. operates First Interstate Bank, offering banking products and services throughout the United States. Founded in 1971 and based in Billings, Montana, the company runs 147 banking offices across Idaho, Montana, Oregon, South Dakota, Washington, and Wyoming. Its branches provide depository accounts including checking, savings, and time deposits, alongside repurchase agreements. The bank delivers lending solutions encompassing commercial real estate, construction, residential, agricultural, consumer, and commercial loans for small and medium-sized businesses. It also provides trust services, investment management, insurance, and custodial services to individuals, businesses, and nonprofit organizations, while abstaining from cryptocurrency operations.

First Interstate BancSystem delivered FY2025 revenue of $1.06B, down 28.5% from $1.48B in FY2024, though net income expanded to $302.1M with a net margin of 28.5% and EPS of $2.95. This followed historical swings, including revenue of $147.0M in FY2023 and $1.18B in FY2022, resulting in a 5-year revenue CAGR of 9.2% from FY2020 to FY2025. In the latest quarter ended June 30, 2026, quarterly revenue grew 7.4% year-over-year while quarterly earnings expanded 25.9% year-over-year. For the trailing twelve months, revenue reached $1.06B, operating margin stood at 43.2%, and EPS was $3.23.

As of June 30, 2026, the company held $8.33B in cash and short-term investments against total debt of $751.9M, resulting in net cash of $7.58B. Total assets stood at $25.89B and shareholders' equity was $3.32B, with a debt-to-equity ratio of 0.23 and a current ratio of 0.38. For FY2025, operating cash flow reached $305.6M and free cash flow was $277.8M. Capital deployment in FY2025 included $27.8M for capital expenditures, $121.9M directed to share buybacks, and $194.3M returned through dividends.

Trading at $34.82, FIBK holds a trailing P/E of 10.8x, which sits below the 12.1x median of its US-listed Financial Services peers. Its forward P/E of 12.2x trades above the peer median of 10.8x, while its price-to-sales multiple of 3.1x aligns closely with the peer median of 3.2x. The stock has gained 25.1% over the past year, outperforming the S&P 500 return of 16.8%. However, its 5-year return of 14.2% lags behind the S&P 500 return of 83.0%.

FIBK offers an annual forward dividend of $1.88 per share, which translates to a dividend yield of 5.40%. The company distributes payouts on a quarterly frequency and has paid consecutive dividends for 17 years. The dividend payout ratio stands at 57.9%, while the 5-year annualized dividend growth rate declined 1.2%. Its most recent ex-dividend date occurred on August 4, 2026.

Wall Street coverage includes 1 Buy, 5 Holds, 1 Sell, and 2 Strong Sells. The mean price target of $37.00 represents a 6.3% premium over the last close of $34.82. For the fiscal year ending December 31, 2026, consensus estimates anticipate revenue of $990.6M and EPS of $2.71, marking an EPS decline of 7.8%. The company has exceeded EPS expectations in all 4 of its last 4 quarters, with next earnings scheduled for October 22, 2026.

This page is an AI-written research summary of First Interstate BancSystem, Inc. (FIBK). The text was generated on October 30, 2026 from Quotelinks data as of October 16, 2026 (company profile, annual results, latest balance sheet, valuation, price performance and analyst estimates). An automatic check rejects any draft that contains a figure not found in that data. It is not investment advice; verify figures on the linked tabs before making decisions.

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