Ticker
FIBK

Price
26.33
Stock movement up
+0.49 (1.90%)
Company name
First Interstate BancSystem Inc
Exchange
(NASDAQ
,
Currency
USD
)
Sector
Financial Services >
Banks-Regional
Market cap
2.75B
Ent value
31.09B
Price/Sales
2.49
Price/Book
0.89
Div yield
7.14%
Div growth
11.29%
Growth years
12
FCF payout
41.85%
Trailing P/E
13.60
Forward P/E
7.19
PEG
1.70
EPS growth
9.79%
1 year return
-9.14%
3 year return
-17.25%
5 year return
-8.31%
10 year return
-0.83%
Last updated: 2024-04-08

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DIVIDENDS

Dividend yield - 5y

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Dividend yield data
Dividend per share1.88
Dividend yield7.14%
Payout frequencyQuarterly
Maximum yield8.67%
Average yield4.67%
Minimum yield2.81%
Discount to avg yield34.65%
Upside potential53.01%
Yield as % of max yield82.34%

Yield distribution (inverse percentile) - 5y

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Yield distribution data
Dividend yield7.14%
Current yield distribution12.14%
Yield at 100% (Min)2.81%
Yield at 90%3.15%
Yield at 80%3.48%
Yield at 50% (Median)4.22%
Yield at 20%6.13%
Yield at 10%7.30%
Yield at 0% (Max)8.67%

Dividend per share

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Dividend per share data
Years of growth12 years
CCC statusDividend Contender
Dividend per share1.88
Payout frequencyQuarterly
Ex-div date8 Feb 2024
EPS (TTM)1.93
EPS (1y forward)3.66
EPS growth (5y)9.79%
EPS growth (5y forward)8.00%

Dividend growth

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Dividend growth data
FIBKS&P500
DGR MR14.63%-16.32%
DGR TTM6.82%4.05%
DGR 3 years10.48%5.24%
DGR 5 years11.29%5.40%
DGR 10 years16.64%7.07%
DGR 15 years-6.12%
Time since last change announced550 days
EPS growth (5y)9.79%
EPS growth (5y forward)8.00%

Payout ratio

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Payout ratio data
EPS coverageFCF coverage
TTM90.06%41.85%
Average48.07%35.41%
Forward51.37%-

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VALUATION

Valuation Ratios

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Valuation Ratios data
Trailing P/E13.60
Price to OCF5.15
Price to FCF6.32
Price to EBITDA6.39
EV to EBITDA72.23

Valuation (Sales/Book Value)

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Valuation (Sales/Book Value) data
Price to Sales2.49
Price to Book0.89
EV to Sales28.12

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FINANCIALS

Per share

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Per share data
Current share count104.44M
EPS (TTM)1.93
FCF per share (TTM)4.16

Income statement

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Income statement data
Revenue (TTM)1.11B
Gross profit (TTM)777.70M
Operating income (TTM)257.10M
Net income (TTM)202.20M
EPS (TTM)1.93
EPS (1y forward)3.66

Margins

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Margins data
Gross margin (TTM)70.33%
Operating margin (TTM)23.25%
Profit margin (TTM)18.29%

Balance Sheet

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Balance Sheet data
Cash870.40M
Net receivables118.30M
Total current assets11.39B
Goodwill1.23B
Intangible assets31.10M
Property, plant and equipment0.00
Total assets32.29B
Accounts payable445.90M
Short/Current long term debt2.61B
Total current liabilities445.90M
Total liabilities29.21B
Shareholder's equity3.07B
Net tangible assets1.88B

Cash flow

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Cash flow data
Operating cash flow (TTM)534.40M
Capital expenditures (TTM)43.90M
Free cash flow (TTM)435.10M
Dividends paid (TTM)182.10M

Financial returns

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Financial returns data
Return on Equity6.58%
Return on Assets0.63%
Return on Invested Capital2.52%
Cash Return on Invested Capital5.43%

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STOCK INFORMATION

Stock chart

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Stock price data
Open25.93
Daily high26.47
Daily low25.85
Daily Volume436K
All-time high50.82
1y analyst estimate39.86
Beta0.87
EPS (TTM)1.93
Dividend per share1.88
Ex-div date8 Feb 2024
Next earnings date24 Apr 2024

Downside potential

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Downside potential data
FIBKS&P500
Current price drop from All-time high-48.19%-0.85%
Highest price drop-57.34%-56.47%
Date of highest drop24 Oct 20239 Mar 2009
Avg drop from high-16.02%-11.35%
Avg time to new high32 days13 days
Max time to new high773 days1805 days

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COMPANY DETAILS
FIBK (First Interstate BancSystem Inc) company logo
Marketcap
2.75B
Marketcap category
Mid-cap
Description
First Interstate BancSystem, Inc. operates as the bank holding company for First Interstate Bank that provides range of banking products and services in the United States. It offers various traditional depository products, including checking, savings, and time deposits; and repurchase agreements primarily for commercial and municipal depositors. The company also offers real estate loans comprising commercial real estate, construction, residential, agricultural, and other real estate loans; consumer loans comprising direct personal loans, credit card loans and lines of credit, and indirect loans; variable and fixed rate commercial loans for small and medium-sized manufacturing, wholesale, retail, and service businesses for working capital needs and business expansions; and agricultural loans. In addition, it provides a range of trust, employee benefit, investment management, insurance, agency, and custodial services to individuals, businesses, and nonprofit organizations. Further, the company offers marketing, credit review, loan servicing, credit cards issuance and servicing, mortgage loan sales and servicing, indirect consumer loan purchasing and processing, loan collection services, and other operational services, as well as online and mobile banking services. It serves individuals, businesses, municipalities, and other entities in various industries, including agriculture, construction, education, governmental services, healthcare, hospitality, housing, professional services, real estate development, retail, technology, tourism, and wholesale trade. First Interstate BancSystem, Inc. was incorporated in 1971 and is headquartered in Billings, Montana.
Employees
3783
Investor relations
SEC filings
CEO
Kevin Riley
Country
USA
City
Billings
Stock type
Common stock
CCC status
Dividend Contender
Dividend Frequency
Quarterly
EVENTS AND PRESENTATIONS
EventsPresentations
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UNDERSTAND THE BUSINESS
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