First Interstate BancSystem (FIBK)
Provides relationship banking, lending, payments and wealth services across Western and Midwestern communities.
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Provides deposits, commercial and real estate lending, mortgages, payment services and wealth management through a regional community-bank network. Earnings rely mainly on net interest income, with local decision-making supported by centralized risk and operations across Western and Midwestern markets.
Operates First Interstate Bank, a community-banking network serving individuals, businesses and government entities across 12 Western and Midwestern states. Core activities span deposits; commercial, commercial real estate, construction, agricultural, residential mortgage and consumer lending; and mortgage servicing.
Adds fee income through treasury management, debit and merchant payment services, and wealth management covering trust, employee-benefit, investment, insurance, agency and custody work. A flatter state-led organization gives local offices meaningful authority while centralized credit, technology, compliance and other support functions provide common controls.
Revenue is driven chiefly by the spread earned on loans and securities over deposit and other funding costs, supplemented by service fees. Credit performance, regional economic conditions and interest rates shape results, while Federal Reserve and bank regulation govern capital, permitted activities and transfers from the bank subsidiary.
Company facts
Target rangeAs of Sep 21, 2026
Latest analyst notes
| Date | Firm | Action | Prior | Current |
|---|---|---|---|---|
| Aug 10, 2026 | Wells Fargo | Reiterate | Rating: —Target: $30 | Target: $34 |
| Aug 3, 2026 | Barclays | Downgrade | Target: $38 | Target: $37 |
| May 27, 2026 | DA Davidson | Downgrade | Target: — | Target: $39 |
| May 1, 2026 | UBS | Reiterate | Rating: —Target: $38 | Target: $33 |
| May 1, 2026 | Keefe, Bruyette & Woods | Downgrade |
EPSReportedEstimate
RevenueReportedEstimate
Balance sheet, Jun 30, 2026Cash & short-term investments $8.33B · Total debt $751.9M · Total assets $25.89B · Shareholders' equity $3.32B
- Revenue
- $61.7M
- Operating income
- $108.2M
- Net income
- $83.9M
HistoryDividendAnnual yield
| Institutions | ≈ 96.28% | 91.76M shares | |
|---|---|---|---|
| 303 holders · as of Jun 30, 2026 · largest filers plus last quarter's tail | |||
| Insiders | 13.18% | 12.57M shares | |
| 32 holders · as of Sep 16, 2026 | |||
| Strategic holders | 0.91% | 863.7K shares | |
| 1 holder · as of Dec 1, 2025 | |||
| Adds to | 110.37% | ||
95.30M company shares as of Sep 22, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing
This quarter's institutional total failed a plausibility check; shown: the largest filers plus last quarter's remainder.
These groups come from separate filings that can overlap, so they add to 110.37%; nothing is left for Other.
Top shareholders13F · 13D/G · Form 4
| Holder | Stake | Shares | Date |
|---|---|---|---|
BlackRock, Inc.Institution | 14.41% | 13.73M | as of Jun 30, 2026 |
Jeremy ScottInsiderdirector, 10 percent owner | 7.35% | 3.52M · 3.49M | filed Jun 3, 2026 |
State Street CorpInstitution | 6.56% | 6.25M | as of Jun 30, 2026 |
Dimensional Fund Advisors LPInstitution | 6.07% | 5.78M | as of Jun 30, 2026 |
Vanguard Portfolio Management LLCInstitution | 5.78% | 5.51M | as of Jun 30, 2026 |
Insider tradesForm 4
| Date | Insider | Role | Shares | Avg price |
|---|---|---|---|---|
| Sep 16, 2026 | Julie A. Scott | 10 percent owner | −2,700 | $37.64 |
| Sep 14, 2026 | Jonathan R. Scott | 10 percent owner | −8,071 | $37.29 |
| Sep 11, 2026 | Jonathan R. Scott | 10 percent owner | −16,929 | $37.03 |
| Jul 16, 2026 | Jonathan R. Scott | 10 percent owner | −10,000 | $40.30 |
| Jun 17, 2026 | Jonathan R. Scott | 10 percent owner | −4,500 | $36.29 |
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Compare
| Company | Price | Change | |||||
|---|---|---|---|---|---|---|---|
| First Interstate BancSystem | $36.73 | −0.27% | $3.58B | 11.3 | 13.2 | 3.8 | +6.3% |
| Glacier Bancorp | $44.47 | −0.79% | $5.83B | 18.1 | 13.2 | 3.8 | +36.8% |
| Columbia Banking System | $29.54 | −1.20% | $8.46B | 11.9 | 9.4 | 2.4 | +33.1% |
| UMB Financial | $134.35 | +0.61% | $10.14B | 11.1 | 10.1 | 2.2 | +22.9% |
| Banner | $69.53 | −0.28% | $2.37B | 11.5 | 11.4 | 3.6 | +6.1% |
| WaFd | $31.82 | −1.45% | $2.39B | 9.9 | 9.4 | 1.7 | +10.3% |
| Zions Bancorporation | $63.91 | −1.64% | $9.48B | 8.3 | 9.7 | 1.8 | +4.8% |
| Commerce Bancshares | $56.11 | −0.78% | $8.24B | 13.8 | 12.8 | 3.8 | +11.9% |
| Eagle Bancorp Montana | $21.63 | −0.37% | $172.9M | 10.6 | 10.2 | 1.7 | +6.9% |
| Median | 11.3 | 10.2 | 2.3 | +11.1% |