first interstate bank is an $8.5 billion community banking organization operating over 80 banking offices, along with online and mobile banking services, throughout montana, wyoming, and south dakota. a recognized leader in community banking services, first interstate is driven by strong family and corporate values, as well as a commitment to exemplary customer service, exceeding customer expectations through products and services, and supporting, with leadership and resources, the communities it serves.
Company profile
Ticker
FIBK
Exchange
Website
CEO
Kevin Riley
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
FIRST INTERSTATE BANCSYSTEM OF MONTANA INC
SEC CIK
Corporate docs
Subsidiaries
Mountain South, LLC ...
IRS number
810331430
FIBK stock data
Latest filings (excl ownership)
ARS
2023 FY
Annual report to shareholders
11 Apr 24
DEFA14A
Additional proxy soliciting materials
11 Apr 24
DEF 14A
Definitive proxy
11 Apr 24
8-K
Departure of Directors or Certain Officers
4 Apr 24
10-K
2023 FY
Annual report
29 Feb 24
8-K
First Interstate BancSystem, Inc. Reports Fourth Quarter Earnings
30 Jan 24
8-K
Entry into a Material Definitive Agreement
14 Dec 23
8-K
Departure of Directors or Certain Officers
1 Dec 23
8-K
Changes in Registrant's Certifying Accountant
30 Nov 23
10-Q
2023 Q3
Quarterly report
3 Nov 23
Transcripts
FIBK
Earnings call transcript
2023 Q4
31 Jan 24
FIBK
Earnings call transcript
2023 Q3
26 Oct 23
FIBK
Earnings call transcript
2023 Q2
27 Jul 23
FIBK
Earnings call transcript
2023 Q1
27 Apr 23
FIBK
Earnings call transcript
2022 Q4
27 Jan 23
FIBK
Earnings call transcript
2022 Q3
26 Oct 22
FIBK
Earnings call transcript
2022 Q2
31 Jul 22
FIBK
Earnings call transcript
2022 Q1
29 Apr 22
FIBK
Earnings call transcript
2021 Q4
28 Jan 22
FIBK
Earnings call transcript
2021 Q3
27 Oct 21
Latest ownership filings
Financial summary
Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
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Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
---|---|---|---|---|---|
Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 593.10 mm | 593.10 mm | 593.10 mm | 593.10 mm | 593.10 mm | 593.10 mm |
Cash burn (monthly) | 29.13 mm | (no burn) | (no burn) | (no burn) | (no burn) | (no burn) |
Cash used (since last report) | 193.66 mm | n/a | n/a | n/a | n/a | n/a |
Cash remaining | 399.44 mm | n/a | n/a | n/a | n/a | n/a |
Runway (months of cash) | 13.7 | n/a | n/a | n/a | n/a | n/a |
Institutional ownership, Q3 2023
87.5% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 198 |
Opened positions | 22 |
Closed positions | 29 |
Increased positions | 76 |
Reduced positions | 68 |
13F shares | Current |
---|---|
Total value | 2.06 tn |
Total shares | 90.37 mm |
Total puts | 24.20 k |
Total calls | 24.60 k |
Total put/call ratio | 1.0 |
Largest owners | Shares | Value |
---|---|---|
Vanguard | 8.65 mm | $215.66 bn |
BLK Blackrock | 8.33 mm | $207.63 bn |
FMR | 6.45 mm | $160.91 bn |
First Interstate Bank | 6.09 mm | $151.82 bn |
FIBK First Interstate BancSystem | 4.04 mm | $0.00 |
BEN Franklin Resources | 4.00 mm | $99.87 bn |
MCQEF Macquarie | 3.90 mm | $97.35 bn |
Scott James R | 3.80 mm | $138.77 mm |
STT State Street | 3.27 mm | $81.53 bn |
JPM JPMorgan Chase & Co. | 3.26 mm | $81.20 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
15 Mar 24 | Karlyn M Knieriem | Common Stock | Grant | Acquire A | No | No | 0 | 5,092 | 0.00 | 25,084 |
15 Mar 24 | Karlyn M Knieriem | Common Stock | Payment of exercise | Dispose F | No | No | 25.21 | 367 | 9.25 k | 19,992 |
15 Mar 24 | Karlyn M Knieriem | Common Stock | Payment of exercise | Dispose F | No | No | 25.21 | 240 | 6.05 k | 20,359 |
15 Mar 24 | Marcy D Mutch | Common Stock | Grant | Acquire A | No | No | 0 | 10,359 | 0.00 | 61,633 |
15 Mar 24 | Marcy D Mutch | Common Stock | Payment of exercise | Dispose F | No | No | 25.21 | 668 | 16.84 k | 51,274 |
15 Mar 24 | Marcy D Mutch | Common Stock | Payment of exercise | Dispose F | No | No | 25.21 | 524 | 13.21 k | 51,942 |
15 Mar 24 | Marcy D Mutch | Common Stock | Payment of exercise | Dispose F | No | No | 25.21 | 340 | 8.57 k | 52,466 |
15 Mar 24 | Kristina Robbins | Common Stock | Grant | Acquire A | No | No | 0 | 5,051 | 0.00 | 13,441 |
15 Mar 24 | Kristina Robbins | Common Stock | Payment of exercise | Dispose F | No | No | 25.21 | 365 | 9.20 k | 8,390 |
15 Mar 24 | Kristina Robbins | Common Stock | Payment of exercise | Dispose F | No | No | 25.21 | 178 | 4.49 k | 8,755 |
News
Wells Fargo Maintains Equal-Weight on First Interstate BancSys, Raises Price Target to $24
10 Apr 24
Surpassing Expectations: Washington Federal Unleashes Growth Potential and Rewards Investors
8 Mar 24
Barclays Initiates Coverage On First Interstate BancSys with Equal-Weight Rating, Announces Price Target of $28
8 Mar 24
First Interstate BancSys Coping with Challenges: Bouncing Back with Steady Distribution and Decreasing Investor Rewards
19 Feb 24
Elevating Investor Returns: Pacific Premier Bancorp Delivers Strong Performance and Growing Profits
16 Feb 24