First Financial Statements From 2010 to 2025

FIBK Stock  USD 29.38  0.27  0.91%   
Analyzing historical trends in various income statement and balance sheet accounts from First Interstate's financial statements helps investors evaluate the company's valuation, profitability, and current liquidity needs. Key fundamental drivers impacting First Interstate's valuation are summarized below:
Gross Profit
922 M
Profit Margin
0.2362
Market Capitalization
3.1 B
Enterprise Value Revenue
4.3437
Revenue
922 M
There are currently one hundred twenty fundamental signals for First Interstate BancSystem that can be evaluated and compared over time across rivals. We recommend to verify First Interstate's prevailing fundamental drivers against the all of the trends between 2010 and 2025. The value of Market Cap is estimated to slide to about 1.6 B. The Enterprise Value is projected to slide to about 1.6 B

First Interstate Total Revenue

1.55 Billion

Check First Interstate financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among First Interstate's main balance sheet or income statement drivers, such as Depreciation And Amortization of 59.9 M, Interest Expense of 504.9 M or Selling General Administrative of 389.9 M, as well as many indicators such as Price To Sales Ratio of 2.01, Dividend Yield of 0.0615 or PTB Ratio of 1.41. First financial statements analysis is a perfect complement when working with First Interstate Valuation or Volatility modules.
  
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Check out the analysis of First Interstate Correlation against competitors.

First Interstate Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Common Stock Shares Outstanding54 M103.2 M58.6 M
Slightly volatile
Total Assets30.6 B29.1 B15.8 B
Slightly volatile
Short and Long Term Debt Total1.3 B2.4 B1.5 B
Slightly volatile
Total Current Liabilities26.8 B25.5 B6.1 B
Slightly volatile
Total Stockholder Equity3.5 B3.3 B1.7 B
Slightly volatile
Property Plant And Equipment Net244.3 M427.2 M261.9 M
Slightly volatile
Retained Earnings685.3 M1.2 B763.8 M
Slightly volatile
Accounts Payable447.2 M425.9 M172.3 M
Slightly volatile
Cash798.2 M896.5 M928.1 M
Slightly volatile
Non Current Assets Total29.5 B28.1 B8.8 B
Slightly volatile
Other Assets9.9 B19.2 B10.1 B
Very volatile
Cash And Short Term Investments912.4 M960.4 M3.4 B
Slightly volatile
Net Receivables122.6 M116.8 M56.7 M
Slightly volatile
Good Will1.3 B1.3 B588.7 M
Slightly volatile
Liabilities And Stockholders Equity30.6 B29.1 B15.8 B
Slightly volatile
Non Current Liabilities Total174.9 M300.5 M175.4 M
Slightly volatile
Other Current Assets618.7 M651.2 M2.8 B
Slightly volatile
Total Liabilities27.1 B25.8 B14.1 B
Slightly volatile
Property Plant And Equipment Gross706.8 M673.1 M346.7 M
Slightly volatile
Total Current AssetsB1.1 B5.1 B
Pretty Stable
Short Term Debt1.2 B2.1 B1.3 B
Slightly volatile
Intangible Assets97.1 M92.5 M36.4 M
Slightly volatile
Short Term Investments60.7 M63.9 M2.5 B
Slightly volatile
Common Stock2.6 B2.5 BB
Slightly volatile
Other Liabilities13.9 M14.6 M47 M
Slightly volatile
Long Term Debt336 M294.5 M323.2 M
Slightly volatile
Property Plant Equipment269.9 M511.4 M282.6 M
Slightly volatile
Net Tangible Assets1.1 B2.2 B1.1 B
Slightly volatile
Common Stock Total EquityB2.8 B1.1 B
Slightly volatile
Long Term Debt Total342.8 M326.5 M177.4 M
Slightly volatile
Long Term InvestmentsB7.7 BB
Slightly volatile
Non Current Liabilities Other789.5 M1.2 B750.1 M
Slightly volatile
Short and Long Term Debt1.3 B1.6 B1.2 B
Slightly volatile
Earning Assets3.6 B4.6 B3.4 B
Slightly volatile
Capital Lease Obligations881.7 K800 K1.3 M
Slightly volatile
Net Invested Capital3.7 B5.2 B2.6 B
Slightly volatile
Capital Stock1.8 B2.5 B1.2 B
Slightly volatile

First Interstate Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Depreciation And Amortization59.9 M57 M30 M
Slightly volatile
Interest Expense504.9 M480.9 M131.6 M
Slightly volatile
Selling General Administrative389.9 M371.3 M212.4 M
Slightly volatile
Total Revenue1.6 B1.5 B634.3 M
Slightly volatile
Gross Profit978.5 M931.9 M513.7 M
Slightly volatile
Other Operating Expenses1.2 B1.2 B463.2 M
Slightly volatile
Operating Income161.3 M294.5 M178.2 M
Slightly volatile
EBIT161.3 M294.5 M178.2 M
Slightly volatile
EBITDA187.7 M351.5 M205.1 M
Slightly volatile
Cost Of Revenue576.1 M548.7 M120.6 M
Slightly volatile
Total Operating Expenses669.3 M637.4 M358.9 M
Slightly volatile
Income Before Tax161.3 M294.5 M178.2 M
Slightly volatile
Net Income115.9 M226 M130.8 M
Slightly volatile
Income Tax Expense45.3 M68.5 M47.4 M
Slightly volatile
Net Income Applicable To Common Shares117.6 M232.5 M129.5 M
Slightly volatile
Preferred Stock And Other Adjustments2.7 MM3.3 M
Slightly volatile
Net Income From Continuing Ops207.5 M226 M180.8 M
Slightly volatile
Selling And Marketing Expenses769.5 K810 K2.9 M
Slightly volatile
Non Recurring32.8 M31.2 M17.4 M
Slightly volatile
Tax Provision61 M68.5 M52.1 M
Slightly volatile
Net Interest Income605 M821.6 M464.2 M
Slightly volatile
Interest Income712.3 M1.3 B537.5 M
Slightly volatile
Reconciled Depreciation36.7 M57 M27.1 M
Slightly volatile
Extraordinary Items1.8 MM2.2 M
Slightly volatile

First Interstate Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Free Cash Flow173.9 M332 M199 M
Slightly volatile
Begin Period Cash Flow789.5 M578 M916.6 M
Slightly volatile
Depreciation29 M57 M30.4 M
Slightly volatile
Dividends Paid205.7 M195.9 M86.6 M
Slightly volatile
Capital Expenditures43.3 M23 M25 M
Pretty Stable
Total Cash From Operating Activities185.3 M355 M212.8 M
Slightly volatile
Net Income115.9 M226 M130.8 M
Slightly volatile
End Period Cash Flow831.2 M896.6 M933.5 M
Slightly volatile
Change To Inventory2.2 M2.3 M12 M
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio2.012.25833.0051
Pretty Stable
Dividend Yield0.06150.05860.037
Slightly volatile
PTB Ratio1.411.0121.3223
Pretty Stable
Days Sales Outstanding31.4228.793728.1439
Slightly volatile
Book Value Per Share16.7232.084524.1514
Slightly volatile
Free Cash Flow Yield0.140.09930.113
Slightly volatile
Operating Cash Flow Per Share2.453.44733.2989
Slightly volatile
Stock Based Compensation To Revenue0.00550.0080.008
Pretty Stable
Capex To Depreciation0.580.40350.5794
Pretty Stable
PB Ratio1.411.0121.3223
Pretty Stable
EV To Sales2.323.26483.1064
Slightly volatile
Free Cash Flow Per Share2.33.2243.0761
Slightly volatile
ROIC0.05530.03970.0504
Pretty Stable
Net Income Per Share1.582.19462.0609
Slightly volatile
Payables Turnover1.221.28830.9801
Slightly volatile
Sales General And Administrative To Revenue0.240.25080.3107
Slightly volatile
Capex To Revenue0.02780.01550.0279
Slightly volatile
Cash Per Share8.869.326355.8059
Very volatile
POCF Ratio6.949.41899.7375
Pretty Stable
Interest Coverage0.580.61244.7673
Very volatile
Payout Ratio0.910.86680.5463
Slightly volatile
Capex To Operating Cash Flow0.09160.06480.0903
Slightly volatile
PFCF Ratio7.5310.071410.669
Pretty Stable
Days Payables Outstanding2692831.9 K
Pretty Stable
Income Quality1.841.57081.7251
Pretty Stable
ROE0.110.06840.0892
Pretty Stable
EV To Operating Cash Flow8.3613.616610.1043
Slightly volatile
PE Ratio10.5614.795114.7585
Very volatile
Return On Tangible Assets0.0110.00810.0097
Very volatile
EV To Free Cash Flow8.9814.559911.0202
Slightly volatile
Earnings Yield0.09170.06760.0698
Very volatile
Intangibles To Total Assets0.02290.0410.033
Slightly volatile
Current Ratio0.04010.04220.2817
Slightly volatile
Tangible Book Value Per Share11.5520.495616.2801
Slightly volatile
Receivables Turnover10.3212.676413.0327
Slightly volatile
Graham Number24.139.803533.3209
Slightly volatile
Shareholders Equity Per Share16.7232.084524.1514
Slightly volatile
Debt To Equity1.160.72240.7937
Very volatile
Capex Per Share0.280.22330.2784
Pretty Stable
Revenue Per Share8.514.377810.186
Slightly volatile
Interest Debt Per Share16.6327.846719.1644
Slightly volatile
Debt To Assets0.10.08190.0805
Pretty Stable
Enterprise Value Over EBITDA7.4913.75229.7768
Slightly volatile
Short Term Coverage Ratios0.170.16970.228
Slightly volatile
Price Earnings Ratio10.5614.795114.7585
Very volatile
Operating Cycle31.4228.793728.1439
Slightly volatile
Price Book Value Ratio1.411.0121.3223
Pretty Stable
Days Of Payables Outstanding2692831.9 K
Pretty Stable
Dividend Payout Ratio0.910.86680.5463
Slightly volatile
Price To Operating Cash Flows Ratio6.949.41899.7375
Pretty Stable
Price To Free Cash Flows Ratio7.5310.071410.669
Pretty Stable
Pretax Profit Margin0.220.19890.2812
Very volatile
Ebt Per Ebit0.80.90.9812
Slightly volatile
Operating Profit Margin0.220.19890.2812
Very volatile
Effective Tax Rate0.340.23260.2907
Slightly volatile
Company Equity Multiplier11.618.81889.6697
Pretty Stable
Long Term Debt To Capitalization0.150.08180.1
Slightly volatile
Total Debt To Capitalization0.540.41940.4307
Very volatile
Return On Capital Employed0.140.08170.1123
Slightly volatile
Debt Equity Ratio1.160.72240.7937
Very volatile
Ebit Per Revenue0.220.19890.2812
Very volatile
Quick Ratio0.04010.04220.2817
Slightly volatile
Dividend Paid And Capex Coverage Ratio1.541.62173.0124
Slightly volatile
Net Income Per E B T0.550.76740.7024
Slightly volatile
Cash Ratio0.06150.03510.0822
Slightly volatile
Operating Cash Flow Sales Ratio0.230.23980.3217
Very volatile
Days Of Sales Outstanding31.4228.793728.1439
Slightly volatile
Free Cash Flow Operating Cash Flow Ratio0.740.93520.8993
Very volatile
Cash Flow Coverage Ratios0.140.14870.1919
Slightly volatile
Price To Book Ratio1.411.0121.3223
Pretty Stable
Fixed Asset Turnover1.963.46582.3682
Slightly volatile
Capital Expenditure Coverage Ratio14.6615.434818.3264
Pretty Stable
Price Cash Flow Ratio6.949.41899.7375
Pretty Stable
Enterprise Value Multiple7.4913.75229.7768
Slightly volatile
Debt Ratio0.10.08190.0805
Pretty Stable
Cash Flow To Debt Ratio0.140.14870.1919
Slightly volatile
Price Sales Ratio2.012.25833.0051
Pretty Stable
Return On Assets0.01070.00780.0094
Very volatile
Asset Turnover0.05930.05080.0478
Slightly volatile
Net Profit Margin0.150.15260.2
Pretty Stable
Gross Profit Margin0.650.62940.8455
Slightly volatile
Price Fair Value1.411.0121.3223
Pretty Stable
Return On Equity0.110.06840.0892
Pretty Stable

First Interstate Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Market Cap1.6 B1.9 BB
Pretty Stable
Enterprise Value1.6 B1.9 B1.9 B
Slightly volatile

First Fundamental Market Drivers

Forward Price Earnings12.9032
Cash And Short Term Investments960.4 M

First Upcoming Events

24th of April 2024
Upcoming Quarterly Report
View
24th of July 2024
Next Financial Report
View
31st of March 2024
Next Fiscal Quarter End
View
4th of February 2025
Next Fiscal Year End
View
31st of December 2023
Last Quarter Report
View
31st of December 2023
Last Financial Announcement
View

About First Interstate Financial Statements

First Interstate investors utilize fundamental indicators, such as revenue or net income, to predict how First Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Current Deferred Revenue-389.3 M-408.8 M
Total Revenue1.5 B1.6 B
Cost Of Revenue548.7 M576.1 M
Stock Based Compensation To Revenue 0.01  0.01 
Sales General And Administrative To Revenue 0.25  0.24 
Capex To Revenue 0.02  0.03 
Revenue Per Share 14.38  8.50 
Ebit Per Revenue 0.20  0.22 

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When determining whether First Interstate Ban is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if First Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about First Interstate Bancsystem Stock. Highlighted below are key reports to facilitate an investment decision about First Interstate Bancsystem Stock:
Check out the analysis of First Interstate Correlation against competitors.
You can also try the Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Is Regional Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of First Interstate. If investors know First will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about First Interstate listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.14)
Dividend Share
1.88
Earnings Share
2.11
Revenue Per Share
8.948
Quarterly Revenue Growth
(0.04)
The market value of First Interstate Ban is measured differently than its book value, which is the value of First that is recorded on the company's balance sheet. Investors also form their own opinion of First Interstate's value that differs from its market value or its book value, called intrinsic value, which is First Interstate's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because First Interstate's market value can be influenced by many factors that don't directly affect First Interstate's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between First Interstate's value and its price as these two are different measures arrived at by different means. Investors typically determine if First Interstate is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, First Interstate's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.