- Investing.com
First Interstate BancSystem, Inc. operates as the bank holding company for First Interstate Bank that provides a range of banking products and services in the United States. The company offers various traditional depository products, including checking, savings, and time deposits; and repurchase agreements primarily for commercial and municipal depositors. It also provides a range of trust, employee benefit, investment management, insurance, agency, and custodial services, including administration of estates and personal trusts; manages investment accounts for individuals; offers employee benefit plans and charitable foundations; and provides insurance planning. The company’s loan portfolio includes real estate loans, such as commercial real estate, construction, residential, agricultural, and other real estate loans; consumer loans, including 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 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, other operational, and specialized staff support services, as well as online and mobile banking services. The company 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 founded in 1879 and is headquartered in Billings, Montana.
Credit Cleanup | Delve into First Interstate BancSystem's ongoing balance sheet refinement, addressing legacy issues from Great Western Bank acquisition and aiming for a cleaner slate by 2026 |
Leadership Shift | Explore the impact of new CEO Jim Reuter's relationship-driven strategy on FIBK's organic growth potential and prospects for multiple expansion |
Financial Outlook | Analyst projections range from $2.40 to $2.51 EPS for FY2025 and $2.75 to $2.88 for FY2026, with price targets varying from $28 to $41 |
Growth Catalysts | Discover FIBK's asset repricing opportunities through 2026, potentially driving high single-digit NII growth despite flat loan balances |
Metrics to compare | FIBK | Sector Sector - Average of metrics from a broad group of related Financial sector companies | Relationship RelationshipFIBKPeersSector | |
|---|---|---|---|---|
P/E Ratio | 15.1x | 11.4x | 9.7x | |
PEG Ratio | 3.81 | 0.40 | 0.03 | |
Price/Book | 1.1x | 0.9x | 1.0x | |
Price / LTM Sales | 3.9x | 3.8x | 2.9x | |
Upside (Analyst Target) | 4.5% | 13.9% | 12.0% | |
Fair Value Upside | Unlock | 2.0% | 0.8% | Unlock |