First Interstate BancSystem, Inc.(FIBK)Earnings, Financials & Key Ratios

FIBK•NASDAQ•Banking & Credit

$39.16

13.3× P/E·Price updated Jul 7, 2026

SectorFinancial Services IndustryRegional Banks Sub-IndustryCommunity and retail regional banks

AboutFirst Interstate BancSystem, Inc. operates as the bank holding company for First Interstate Bank that provides range of banking products and services in the United States. It offers various traditional depository products, including checking, savings, and time deposits; and repurchase agreements primarily for commercial and municipal depositors. The company also offers real estate loans comprising commercial real estate, construction, residential, agricultural, and other real estate loans; consumer loans comprising 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 provides a range of trust, employee benefit, investment management, insurance, agency, and custodial services to individuals, businesses, and nonprofit organizations. Further, the company 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, and other operational services, as well as online and mobile banking services. It serves individuals, businesses, municipalities, and other entities in various industries, including agriculture, construction, education, energy, governmental services, healthcare, hospitality, housing, mining, professional services, real estate development, retail, technology, tourism, and wholesale trade. As of December 31, 2021, it operated 147 banking offices, including detached drive-up facilities in communities across Idaho, Montana, Oregon, South Dakota, Washington, and Wyoming. The company was incorporated in 1971 and is headquartered in Billings, Montana.Show more

Net Interest Income$825M+0.5%
Total Revenue$1.06B-28.5%
Net Income$302M+33.7%
Return on Equity8.95%+29.3%
Net Interest Margin3.1%+9.9%
Efficiency Ratio60.46%+40.4%
ROA1.08%+43.3%
Equity / Assets12.94%+14.1%
Book Value per Share33.52+4.7%

FIBK Price & Volume

First Interstate BancSystem, Inc. (FIBK) stock price & volume — 10-year historical chart

Loading chart...

Margin Compression and Credit Volatility Cloud Outlook

Investment Thesis • Updated 2026Q1

VerdictNegative

Growth:Contracting

Profitability:Strained

Financial:Vulnerable

Cash Flow:Mixed

Primary Risk:Integration and credit quality

Key Thesis Takeaways

First Interstate BancSystem faces significant headwinds as stagnant net interest income and a spike in the efficiency ratio to 65.3% in 2026Q1 signal operational challenges following the Great Western merger.
The bank's aggressive reserve building, highlighted by a $63.9M provision expense, suggests latent credit quality issues within the acquired loan portfolio that may threaten long-term profitability.
Investors should remain cautious as the current capital return strategy, which saw $133.4M in outflows against only $60.2M in net income, appears increasingly unsustainable.

Verdict Logic

the combination of a 65.3% efficiency ratio and a $63.9M provision expense in 2026Q1 indicates that the bank's fundamental profitability is under significant pressure.

FIBK Growth Metrics

First Interstate BancSystem, Inc. (FIBK) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR

Revenue CAGR

10 Years10.11%

5 Years9.24%

3 Years-3.69%

TTM-

Profit CAGR

10 Years13.28%

5 Years13.39%

3 Years14.32%

TTM43.3%

EPS CAGR

10 Years4.46%

5 Years3.05%

3 Years14.47%

TTM45.5%

Return on Capital

10 Years10.2%

5 Years8.57%

3 Years7.44%

Last Year4.31%

FIBK Recent Earnings

First Interstate BancSystem, Inc. (FIBK) EPS & revenue vs analyst estimates — last 4 quarters

Full history →

●Beat EPS 8/12 qtrs (67%)●Beat Revenue 3/12 qtrs (25%)

Q2 2026Latest

Apr 29, 2026

Metric

Actual

Est

EPS

$0.61+1.7%

$0.60

Rev

$242M-0.4%

$243M

Q1 2026

Jan 28, 2026

Metric

Actual

Est

EPS

$1.08+68.8%

$0.64

Rev

$313M+21.0%

$259M

Q4 2025

Oct 29, 2025

Metric

Actual

Est

EPS

$0.69+16.9%

$0.59

Rev

$251M-1.3%

$254M

Q3 2025

Jul 29, 2025

Metric

Actual

Est

EPS

$0.69+21.1%

$0.57

Rev

$248M-4.0%

$259M

Quarter	Date	EPS (Act vs Est)	Revenue (Act vs Est)
Q2 2026Latest	Apr 29, 2026	$0.61vs $0.60+1.7%	$242Mvs $243M-0.4%
Q1 2026	Jan 28, 2026	$1.08vs $0.64+68.8%	$313Mvs $259M+21.0%
Q4 2025	Oct 29, 2025	$0.69vs $0.59+16.9%	$251Mvs $254M-1.3%
Q3 2025	Jul 29, 2025	$0.69vs $0.57+21.1%	$248Mvs $259M-4.0%

Based on last 12 quarters of dataView full earnings history →

Latest FIBK News

Recent stock market news and headlines for First Interstate BancSystem, Inc. (FIBK)

Business Wire·6 days ago

First Interstate BancSystem, Inc. Announces Second Quarter Earnings Release and Conference Call

BILLINGS, Mont.--(BUSINESS WIRE)--First Interstate BancSystem, Inc. (NASDAQ: FIBK), parent company of First Interstate Bank, will report second quarter results after the market closes on Thursday, July 23, 2026. A conference call for investors is scheduled for Friday, July 24, 2026, at 9:30 a.m. Eastern (7:30 a.m. Mountain), during which the Company will discuss quarterly results. There will be a question-and-answer session following the presentation. The conference call will be accessible by t.

Peers Comparison

Key metrics vs top competitors for First Interstate BancSystem, Inc. (FIBK)

Full Screener →

Company	Price	Market Cap	P/E Ratio	Rev Growth (1Y)	Net Margin	ROE	Div Yield
FIBKFirst Interstate BancSystem, Inc.Current	$39.16	$3.8B	13.32	-28.52%	28.55%	8.95%	4.83%
GBCIGlacier Bancorp, Inc.	$51.97	$6.76B	26.12	14.48%	17.67%	6.83%	—
WAFDWaFd, Inc.	$37.65	$2.78B	14.32	-1.58%	18.26%	8.36%	—
COLBColumbia Banking System, Inc.	$32.12	$7.65B	13.97	8.35%	19.56%	9.16%	—
BANRBanner Corporation	$67.33	$2.29B	11.94	-0.95%	24.82%	10.66%	—
NWBINorthwest Bancshares, Inc.	$15.03	$2.2B	16.34	16.3%	14.75%	7.3%	—

Compare FIBK vs Peers

First Interstate BancSystem, Inc. (FIBK) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.

Closest Rival

vs GBCI

Most directly comparable listed peer for FIBK.

Scale Benchmark

vs V

Larger-name benchmark to compare FIBK against a more recognizable public peer.

Peer Set

Compare Top 5

vs GBCI, WAFD, COLB, BANR

FIBK SEC Filings & Documents

First Interstate BancSystem, Inc. (FIBK) SEC filings — annual & quarterly reports (10-K, 10-Q)

8-K Announcements

Material company update

May 29, 2026·SEC

Material company update

May 13, 2026·SEC

Material company update

Apr 29, 2026·SEC

10-K Annual Reports

FY 2026

Feb 26, 2026·SEC

FY 2025

Feb 28, 2025·SEC

FY 2024

Feb 29, 2024·SEC

10-Q Quarterly Reports

FY 2026

May 7, 2026·SEC

FY 2025

Nov 6, 2025·SEC

FY 2025

Aug 6, 2025·SEC

Get notified when FIBK posts new earnings or crosses analyst targets

Free. No account needed. Unsubscribe any time.

FIBK Frequently Asked Questions

First Interstate BancSystem, Inc. (FIBK) stock FAQ — growth, dividends, profitability & financials explained

Growth & Financials

How fast is First Interstate BancSystem, Inc. growing?

First Interstate BancSystem, Inc. (FIBK) saw revenue decline by 28.5% over the past year.

Is FIBK profitable?

Yes, First Interstate BancSystem, Inc. (FIBK) is profitable, generating $312.1M in net income for fiscal year 2025 (28.5% net margin).

Dividend & Returns

Does FIBK pay dividends?

Yes, First Interstate BancSystem, Inc. (FIBK) pays a dividend with a yield of 4.83%. This makes it attractive for income-focused investors.

What is FIBK's return on equity?

First Interstate BancSystem, Inc. (FIBK) has a return on equity (ROE) of 8.9%. This is below average, suggesting room for improvement.

Industry Metrics

What is First Interstate BancSystem, Inc.'s net interest margin?

First Interstate BancSystem, Inc. (FIBK) has a net interest margin (NIM) of 3.1%. This indicates healthy earnings from lending activities.

What is First Interstate BancSystem, Inc.'s efficiency ratio?

First Interstate BancSystem, Inc. (FIBK) has an efficiency ratio of 60.5%. This is reasonable for a bank.

What if you invested $1,000 in FIBK back in 2002?

Total return calculator · dividends reinvested · 24+ years of data

See returns →

Quarter

Date

EPS (Act vs Est)

Revenue (Act vs Est)

Q2 2026Latest

Apr 29, 2026

$0.61vs $0.60+1.7%

$242Mvs $243M-0.4%

Q1 2026

Jan 28, 2026

$1.08vs $0.64+68.8%

$313Mvs $259M+21.0%

Q4 2025

Oct 29, 2025

$0.69vs $0.59+16.9%

$251Mvs $254M-1.3%

Q3 2025

Jul 29, 2025

$0.69vs $0.57+21.1%

$248Mvs $259M-4.0%

Company

Price

Market Cap

P/E Ratio

Rev Growth (1Y)

Net Margin

ROE

Div Yield

FIBKFirst Interstate BancSystem, Inc.Current

$39.16

$3.8B

13.32

-28.52%

28.55%

8.95%

4.83%

GBCIGlacier Bancorp, Inc.

$51.97

$6.76B

26.12

14.48%

17.67%

6.83%

—

WAFDWaFd, Inc.

$37.65

$2.78B

14.32

-1.58%

18.26%

8.36%

—

COLBColumbia Banking System, Inc.

$32.12

$7.65B

13.97

8.35%

19.56%

9.16%

—

BANRBanner Corporation

$67.33

$2.29B

11.94

-0.95%

24.82%

10.66%

—

NWBINorthwest Bancshares, Inc.

$15.03

$2.2B

16.34

16.3%

14.75%

7.3%

—