First Interstate BancSystem

First Interstate BancSystem, Inc. is a financial holding company, which engages in the provision of community banking solutions. The firm offers commercial and consumer banking services to individuals, businesses, municipalities, and other entities. It also provides Internet, mobile, and other banking and financial services. The company was founded by Homer Scott Sr. in 1968 and is headquartered in Billings, MT.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

First Interstate BancSystem reports strong Q4 performance and strategic outlook for sustainable growth

First Interstate BancSystem delivered a strong performance in Q4 2022, with robust loan growth and expanding net interest margin. Despite challenges like seasonal deposit outflows and expense increases, the company remains focused on managing through economic uncertainty and maintaining strong fundamentals.
Strategic initiatives such as rotating the balance sheet, winning new relationships, and preparing for potential downturns through hedging provide a solid foundation for future growth. Opportunities lie in managing expenses, strengthening core deposits, and capital management strategies for positive operating leverage.
Overall, First Interstate BancSystem's proactive approach to addressing challenges and leveraging strengths positions it well for sustainable growth and profitability in the dynamic financial landscape. By focusing on key opportunities and maintaining a strong performance track record, the company is poised for continued success.

First Interstate BancSystem posts strong Q1 results amidst growth strategies

First Interstate BancSystem delivered a solid performance in Q1 2023, maintaining a strong capital position and asset quality.
While facing challenges like slower loan growth and declining fee income, the company is pursuing growth opportunities through new products and services.
Strategic focus on stability, growth, and managing expenses will be key for First Interstate BancSystem in navigating the evolving financial landscape.

First Interstate BancSystem reports stable Q2 earnings and growth initiatives

First Interstate BancSystem Inc. delivered solid financial performance in Q2 2023, with a focus on asset quality and innovation.
While facing challenges such as deposit declines and lower loan growth, the company remains optimistic about future trends and opportunities.
Investors can find confidence in the company's strategic initiatives, strong financial position, and commitment to sustainable growth.

First Interstate BancSystem reports strong Q3 earnings and focuses on expense control and customer service

First Interstate BancSystem delivered a solid Q3 performance with increased net income and improved loan spreads. The company is focused on expense control, enhancing customer service, and expects stable to slight improvement in credit quality going forward.

First Interstate BancSystem reports Q4 earnings, eyes margin improvement

First Interstate BancSystem navigated challenges in net interest income and total deposits while focusing on operational efficiency and risk management.
The company's strategic investments and disciplined underwriting criteria position it well for future growth opportunities.
Anticipated improvements in net interest margin and stable deposits present positive outlooks for the company's financial performance.
Management's transparency and willingness to engage with investors reflect a commitment to long-term success and stakeholder value.

First Interstate BancSystem reports solid Q1 earnings amidst loan challenges

First Interstate BancSystem's Q1 2024 performance showed resilience despite challenges in loan and deposit balances. The company remains optimistic about its financial position and is proactively addressing potential challenges through debt restructuring.

First Interstate BancSystem (FIBK) reports robust Q2 earnings amidst CEO transition

First Interstate BancSystem (FIBK) delivered a solid performance in Q2 2024, with strong net income and margin expansion. While facing CEO transition challenges, the company remains well-positioned to leverage its financial strengths and address analyst concerns for sustained growth.

First Interstate BancSystem reports Q3 results, navigates CEO transition

First Interstate BancSystem delivered a mixed performance in Q3 2024, with strong capital ratios but challenges in loan dynamics and charge-offs.
The CEO transition to Jim Reuter signals a new chapter for the company, requiring a focus on addressing challenges and capitalizing on growth opportunities.
Strategic management of financial metrics, effective risk management, and transparent communication with stakeholders will be crucial for First Interstate BancSystem's future success.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

First Interstate BancSystem, Inc. is a financial holding company, which provides community banking solutions. The firm offers commercial and consumer banking services to individuals, businesses, municipalities, and other entities. The company was founded by Homer Scott Sr. in 1968 and is headquartered in Billings, MT.

BILLINGS, Mont.--(BUSINESS WIRE)--First Interstate BancSystem, Inc. (NASDAQ: FIBK) (“FIBK”), parent company of First Interstate Bank, announced that effective today, it has completed its previously announced merger with Great Western Bancorp, Inc. (“GWB”), parent company of Great Western Bank. The combined holding company will operate under the First Interstate name and brand with the company's headquarters remaining in Billings, Montana. "This is a historic day for our 54-year-old company,” sa

First Interstate BancSystem, Inc. Completes Merger with Great Western Bancorp, Inc.

First Interstate BancSystem, Inc. (FIBK) CEO Kevin Riley on Q4 2021 Results - Earnings Call Transcript

First Interstate BancSystem (FIBK) delivered earnings and revenue surprises of 3.75% and 1.94%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?

First Interstate BancSystem (FIBK) Q4 Earnings Beat Estimates

BILLINGS, Mont.--(BUSINESS WIRE)--First Interstate BancSystem, Inc. (NASDAQ: FIBK) (“FIBK”), parent company of First Interstate Bank, announced today that it expects Scott Erkonen and Karlyn Knieriem to join the FIBK executive team upon the closing of the previously announced merger of Great Western Bancorp, Inc. (“GWB”) into FIBK. At the effective time of the merger, Mr. Erkonen will serve as the Chief Information Officer and Ms. Knieriem will serve as the Chief Risk Officer. “I look forward t

First Interstate BancSystem Announces New Members of Executive Team

BILLINGS, Mont.--(BUSINESS WIRE)--First Interstate BancSystem Inc. (NASDAQ: FIBK), parent company of First Interstate Bank, announced significant changes to its consumer overdraft practices, reducing fees and giving clients flexible options to meet their personal financial needs. This includes the elimination of non-sufficient funds fees and a reduction of overdraft fees. “At First Interstate Bank, people are — and have always been — our number-one priority,” said Kevin Riley, President and CEO

First Interstate Bank Transforms Overdraft Practices to Protect Consumers

First Interstate BancSystem (FIBK) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

First Interstate BancSystem (FIBK) Earnings Expected to Grow: What to Know Ahead of Next Week's Release

Great Western Bancorp

BILLINGS, Mont. & SIOUX FALLS, S.D.--(BUSINESS WIRE)--First Interstate BancSystem, Inc. (NASDAQ: FIBK) (“FIBK”), parent company of First Interstate Bank, and Great Western Bancorp, Inc. (NYSE: GWB) (“GWB”), parent company of Great Western Bank, jointly announced today that they have received all required regulatory clearances as well as approvals of the shareholders of FIBK and stockholders of GWB related to the proposed merger of FIBK and GWB and the merger of FIBK's and GWB's respective subsi

First Interstate BancSystem and Great Western Bancorp Receive Final Regulatory and Shareholder Approvals to Merge

BILLINGS, Mont. & SIOUX FALLS, S.D.--(BUSINESS WIRE)--First Interstate BancSystem, Inc. (NASDAQ: FIBK) (“FIBK”), parent company of First Interstate Bank, and Great Western Bancorp, Inc. (NYSE: GWB) (“GWB”), parent company of Great Western Bank, today jointly announced that they have received the required regulatory clearances from the Board of Governors of the Federal Reserve System and the Montana Division of Banking and Financial Institutions related to the proposed merger of FIBK and GWB and

First Interstate BancSystem Receives Regulatory Approvals from the Federal Reserve System and Montana Division of Banking for Great Western Bancorp Merger

Atlantic Capital Bancshares

ADTRAN Holdings Inc

Triple-S Management

NEW YORK, Oct. 28, 2021 /PRNewswire/ -- Halper Sadeh LLP, a global investor rights law firm, announces it is investigating the following companies: Atlantic Capital Bancshares, Inc. (NASDAQ: ACBI) concerning potential violations of the federal securities laws and/or breaches of fiduciary duties relating to its sale to SouthState Corporation. Subject to the terms of the merger agreement, Atlantic Capital shareholders will receive 0.36 shares of SouthState common stock for each outstanding share of Atlantic Capital common stock.

SHAREHOLDER INVESTIGATION: Halper Sadeh LLP Investigates ACBI, GTS, ADTN, FIBK; Shareholders are Encouraged to Contact the Firm

First Interstate BancSystem, Inc. (FIBK) CEO Kevin Riley on Q3 2021 Results - Earnings Call Transcript

First Interstate BancSystem (FIBK) delivered earnings and revenue surprises of 14.67% and 4.62%, respectively, for the quarter ended September 2021. Do the numbers hold clues to what lies ahead for the stock?

First Interstate BancSystem (FIBK) Q3 Earnings and Revenues Top Estimates

First Interstate BancSys (NASDAQ:FIBK) reported its Q3 earnings results on Tuesday, October 26, 2021 at 04:00 PM. Here's what investors need to know about the announcement.

Recap: First Interstate BancSys Q3 Earnings

First Interstate BancSystem (FIBK) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.

Should You Buy First Interstate BancSystem (FIBK) Ahead of Earnings?

Hill-Rom Hlds

JMP Group

Kadmon Hlds

NEW YORK, Sept. 20, 2021 /PRNewswire/ -- Halper Sadeh LLP, a global investor rights law firm, announces it is investigating the following companies: Triple-S Management Corporation (NYSE: GTS)  concerning potential violations of the federal securities laws and/or breaches of fiduciary duties relating to its sale to GuideWell Mutual Holding Corporation for $36.00 per share in cash.

SHAREHOLDER INVESTIGATION: Halper Sadeh LLP Investigates GTS, HRC, JMP, KDMN, FIBK; Shareholders are Encouraged to Contact the Firm

NEW YORK, Sept. 17, 2021 /PRNewswire/ -- WeissLaw LLP is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of Great Western Bancorp, Inc. ("Great Western" or the "Company") (NYSE: GWB) in connection with the proposed acquisition of the Company by First Interstate BancSystem, Inc. ("First Interstate") (NASDAQ: FIBK).

SHAREHOLDER ALERT: WeissLaw LLP Investigates Great Western Bancorp, Inc.

NEW YORK--(BUSINESS WIRE)--Halper Sadeh LLP, a global investor rights law firm, is investigating whether the merger of First Interstate BancSystem, Inc. (NASDAQ: FIBK) and Great Western Bancorp, Inc. is fair to First Interstate shareholders. Following completion of the transaction, First Interstate shareholders will collectively own 57% of the combined company. Halper Sadeh encourages First Interstate shareholders to click here to learn more about their legal rights and options or contact Danie

First Interstate BancSystem Merger Investigation: Halper Sadeh LLP Announces Investigation Into Whether the Merger of First Interstate BancSystem, Inc. Is Fair to Shareholders; Investors Are Encouraged to Contact the Firm – FIBK

NEW YORK, Sept. 16, 2021 /PRNewswire/ -- Rowley Law PLLC is investigating potential securities law violations by Great Western Bancorp, Inc. (NYSE: GWB) and its board of directors concerning the proposed acquisition of the company by First Interstate BancSystem, Inc. (NASDAQ: FIBK).

ALERT: Rowley Law PLLC is Investigating Proposed Acquisition of Great Western Bancorp, Inc.

Shares of Great Western Bancorp Inc. GWB, +1.85% soared 11.9% in premarket trading Thursday, after the South Dakota-based bank announced an agreement to be acquired by Montana-based First Interstate BancSystem Inc. FIBK, +0.79% in an all-stock deal valued at $2.0 billion. Under terms of the deal, Great Western shareholders will receive 0.8425 First Interstate shares for each Great Western share they own.

Great Western Bancorp's stock soars on buyout deal with First Interstate valued at $2.0 billion

BILLINGS, Mont. and SIOUX FALLS, S.D.--(BUSINESS WIRE)--First Interstate BancSystem, Inc. (NASDAQ: FIBK) (“FIBK”), parent company of First Interstate Bank, and Great Western Bancorp, Inc. (NYSE: GWB) (“GWB”), parent company of Great Western Bank, announced today they have entered into a definitive agreement under which the companies will combine in an all‐stock transaction. Under the terms of the agreement, which was unanimously approved by both companies' Boards of Directors, GWB will merge in

First Interstate BancSystem, Inc. and Great Western Bancorp, Inc. to Join Forces

Solid loan growth trends look likely to continue, aiding additional upside in core profitability levels. The margin is likely to hold steady near current levels.

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

First Interstate BancSystem, Inc. (FIBK) CEO Kevin Riley on Q2 2021 Results - Earnings Call Transcript

First Interstate BancSystem (FIBK) delivered earnings and revenue surprises of -5.48% and -1.12%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?

First Interstate BancSystem (FIBK) Q2 Earnings and Revenues Miss Estimates

Shares of First Interstate BancSys (NASDAQ:FIBK) fell in after-market trading after the company reported Q2 results. Quarterly Results Earnings per share increased 18.97% over the past year to $0.69, which missed the estimate of $0.72.

Recap: First Interstate BancSys Q2 Earnings

First Interstate BancSystem, Inc.'s (FIBK) CEO Kevin Riley on Q1 2021 Results - Earnings Call Transcript

First Interstate BancSystem (FIBK) delivered earnings and revenue surprises of 13.70% and 0.73%, respectively, for the quarter ended March 2021. Do the numbers hold clues to what lies ahead for the stock?

News for First Interstate BancSystem Stock (FIBK)