FIBK Stock Analysis: First Interstate BancSystem | NASDAQ
Banks - Regional | NASDAQ, USA | Market Cap: 3.482m USD | 12M Return: 18.9% | US32055Y2019 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 39.3M
EPS Trend: 27.6%
Qual. Beats: 1
Rev. Trend: -66.5%
Qual. Beats: -1
Warnings
Tailwinds
No distinct edge detected
Seasonality 11.7 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
First Interstate BancSystem is a US bank holding company headquartered in Billings, Montana, operating through First Interstate Bank. It provides traditional depository products such as checking, savings, time deposits, and repurchase agreements, alongside trust, investment management, insurance, and custodial services. Its lending activities span commercial and residential real estate, consumer, commercial, and agricultural loans, with a particular focus on small and medium-sized business borrowers, a typical orientation for regional banks in the US.
The company also delivers operational support services, including loan servicing, credit card servicing, and indirect consumer loan processing, and offers online and mobile banking platforms. It serves individuals, businesses, municipalities, and entities across sectors such as agriculture, construction, healthcare, retail, and tourism. Founded in 1879 and formerly known as First Interstate Bancsystem Of Montana, Inc., the company has been listed on NASDAQ under the ticker FIBK since 2010. As a mid-cap regional bank in the Financials sector, its business model combines net interest income from lending with fee-based revenue from trust, wealth management, and insurance services.
- Net interest margin compresses as Fed cuts rates
- Commercial real estate loan portfolio faces credit quality concerns
- Agricultural lending exposure softens on weaker commodity prices
| Net Income: 324.3m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.01 > 0.02 and ΔFCF/TA -0.17 > 1.0 |
| NWC/Revenue: -1.42k% < 20% (prev -1.55k%; Δ 126.5% < -1%) |
| CFO/TA 0.01 > 3% & CFO 271.9m > Net Income 324.3m |
| Net Debt (-7.58b) to EBITDA (473.2m): -16.01 < 3 |
| Current Ratio: 0.38 > 1.5 & < 3 |
| Outstanding Shares: last quarter (96.8m) vs 12m ago -6.36% < -2% |
| Gross Margin: error (current vs previous; cannot be calculated due to missing/invalid data or negative margin) |
| Asset Turnover: 3.57% > 50% (prev 5.19%; Δ -1.62% > 0%) |
| Interest Coverage Ratio: 1.38 > 6 (EBIT TTM 417.5m / Interest Expense TTM 303.0m) |
| A: -0.52 (Total Current Assets 8.33b - Total Current Liabilities 21.9b) / Total Assets 25.9b |
| B: 0.05 (Retained Earnings 1.33b / Total Assets 25.9b) |
| C: 0.02 (EBIT TTM 417.5m / Avg Total Assets 26.7b) |
| D: 0.15 (Book Value of Equity 3.32b / Total Liabilities 22.6b) |
| Altman-Z'' = -3.01 = D |
| DSRI: 1.38 (Receivables 97.3m/105.7m, Revenue 953.3m/1.43b) |
| GMI: 0.67 (GM 65.36% / 97.19%) |
| AQI: 0.71 (AQ_t 0.66 / AQ_t-1 0.94) |
| SGI: 0.67 (Revenue 953.3m / 1.43b) |
| TATA: 0.00 (NI 324.3m - CFO 271.9m) / TA 25.9b) |
| Beneish M = -3.42 (Cap -4..+1) = AA |
As of September 27, 2026, the stock is trading at USD 36.91 with a total of 1,500,829 shares traded. Over the past week, the price has changed by -1.18%, over one month by -0.40%, over three months by -2.80% and over the past year by +18.93%.
Current recommended Stop Loss: 35.60 (which is 3.5% or 1.9 ATR below the current price).
First Interstate BancSystem has received a consensus analysts rating of 3.25. Therefore, it is recommended to hold FIBK.
- StrongBuy: 2
- Buy: 1
- Hold: 3
- Sell: 1
- StrongSell: 1
| Analysts Target Price | 37.5 | 1.6% |
P/E Trailing = 11.3127
P/E Forward = 12.1655
P/S = 3.2897
P/B = 1.0569
P/EG = 1.1571
Revenue TTM = 953.3m USD
EBIT TTM = 417.5m USD
EBITDA TTM = 473.2m USD
Long Term Debt = 296.7m USD (from longTermDebt, last quarter)
Short Term Debt = 455.2m USD (from shortTermDebt, last quarter)
Debt = 752.5m USD (from shortLongTermDebtTotal, last quarter) + Leases 600k
Net Debt = -7.58b USD (calculated: Debt 752.5m - CCE 8.33b)
Enterprise Value = 3.48b USD (floored to Market Cap, CCE > MCap+Debt)
Interest Coverage Ratio = 1.38 (Ebit TTM 417.5m / Interest Expense TTM 303.0m)
EV/FCF = 14.31x (Enterprise Value 3.48b / FCF TTM 243.3m)
FCF Yield = 6.99% (FCF TTM 243.3m / Enterprise Value 3.48b)
FCF Margin = 25.52% (FCF TTM 243.3m / Revenue TTM 953.3m)
Net Margin = 34.02% (Net Income TTM 324.3m / Revenue TTM 953.3m)
Gross Margin = unknown ((Revenue TTM 953.3m - Cost of Revenue TTM 26.8m) / Revenue TTM)
Tobins Q-Ratio = 0.13 (Enterprise Value 3.48b / Total Assets 25.9b)
Interest Expense / Debt = 40.27% (Interest Expense 303.0m / Debt 752.5m)
Taxrate = 22.32% (93.2m / 417.5m)
NOPAT = 324.3m (EBIT 417.5m * (1 - 22.32%))
Current Ratio = 0.38 (Total Current Assets 8.33b / Total Current Liabilities 21.9b)
Debt / Equity = 0.23 (Debt 752.5m / totalStockholderEquity, last quarter 3.32b)
Debt / EBITDA = -16.01 (Net Debt -7.58b / EBITDA 473.2m)
Debt / FCF = -31.14 (Net Debt -7.58b / FCF TTM 243.3m)
Total Stockholder Equity = 3.39b (last 4 quarters mean from totalStockholderEquity)
RoA = 1.21% (Net Income 324.3m / Total Assets 25.9b)
RoE = 9.55% (Net Income TTM 324.3m / Total Stockholder Equity 3.39b)
RoCE = 11.31% (EBIT 417.5m / Capital Employed (Equity 3.39b + L.T.Debt 296.7m))
RoIC = 7.38% (NOPAT 324.3m / Invested Capital 4.40b)
WACC = 13.14% (E(3.48b)/V(4.23b) * Re(9.22%) + D(752.5m)/V(4.23b) * Rd(40.27%) * (1-Tc(0.22)))
Discount Rate = 9.22% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -75.37 | Cagr: -2.74%
[DCF] Terminal Value 57.48% ; FCFF base≈268.2m ; Y1≈235.2m ; Y5≈190.0m
[DCF] Fair Price = 97.53 (EV 1.72b - Net Debt -7.58b = Equity 9.30b / Shares 95.3m; r=13.14% [WACC]; 5y FCF grow -15.0% → 2.50% )
EPS Correlation: 27.60 | EPS CAGR: 4.58% | SUE: 1.49 | # QB: 1
Revenue Correlation: -66.50 | Revenue CAGR: -8.83% | SUE: -1.23 | # QB: -1
EPS current Quarter (2026-09-30): EPS=0.69 | Chg30d=+0.00% | Revisions=+38% | Analysts=7
EPS current Year (2026-12-31): EPS=2.71 | Chg30d=+0.00% | Revisions=+67% | GrowthEPS=-7.9% | GrowthRev=-6.3%
EPS next Year (2027-12-31): EPS=2.85 | Chg30d=+0.00% | Revisions=-44% | GrowthEPS=+5.2% | GrowthRev=+2.1%
[Analyst] Revisions Ratio: +25% (up=11, down=6)