First Interstate BancSystem, Inc.

$ 36.43 2.22 %

First Interstate BancSystem, Inc. functions as the parent company of First Interstate Bank, delivering a comprehensive suite of financial products and services across the United States. Its offerings encompass conventional deposit accounts such as checking, savings, and time deposits, alongside repurchase agreements primarily catering to commercial and municipal clients. The institution further extends various lending options, including real estate financing for commercial, construction, residential, agricultural, and other property types. Consumer credit is also available, covering direct personal loans, credit cards and lines of credit, and indirect lending. Additionally, it provides both variable and fixed-rate commercial loans designed to meet the working capital and expansion requirements of small to medium-sized enterprises in the manufacturing, wholesale, retail, and service sectors, as well as agricultural loans. Beyond traditional banking, the company furnishes an array of specialized services, including trust administration, employee benefits, investment management, insurance, agency, and custodial functions, catering to individuals, businesses, and philanthropic entities. Its operational support infrastructure encompasses services like marketing, credit assessment, loan servicing, credit card issuance and management, mortgage loan sales and servicing, indirect consumer loan acquisition and processing, and debt collection. Modern digital conveniences are also provided through online and mobile banking platforms. First Interstate serves a diverse clientele, encompassing individuals, businesses, and municipal bodies, across a wide spectrum of industries such as agriculture, construction, education, energy, government, healthcare, hospitality, housing, mining, professional services, real estate development, retail, technology, tourism, and wholesale trade. By the close of 2021 (December 31st), it maintained 147 banking locations, including standalone drive-through branches, situated within communities throughout Idaho, Montana, Oregon, South Dakota, Washington, and Wyoming. Established in 1971, the corporation's primary base of operations is in Billings, Montana.

CEO: James A. Reuter - https://www.fibk.com

Price objectif

$38.67 6.15 %

Recommandation

Hold

DCF

$ 51.10

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FIBK vs S&P500

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Quick ratio

0.68

indicates that the company may have difficulty covering its short-term debts with its readily available assets.

P/E ratio

11.91

is considered reasonable, suggesting that the company has a valuation in line with its current profits.

EPS

3.06

is the net profit of a company divided by the number of outstanding shares, indicating the profit earned per share.

ROE

9.13 %

indicates low profitability, suggesting that the company is not using equity efficiently to generate profits.

ROIC

1.18 %

does not generate enough return to cover its financing costs, which indicates value destruction and may pose long-term profitability issues.

WACC

12.47

is a company's average cost of capital, weighted by the proportion of debt and equity in its financing. It represents the minimum return the company must generate to satisfy its investors.

Debt-to-Equity Ratio

0.23

indicates that the company uses more equity than debt, suggesting prudent management.

Free cash flow per share

2.56

is a measure of a company's financial flexibility that is determined by dividing free cash flow by the total number of shares outstanding.

Dividend payout ratio

61.52 %

indicates that the company is retaining a large portion of its profits to reinvest in growth

Earnings per share

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Financials

Piotroski score
7 indicates good financial health
Altman score
0.25 indicates a high risk of bankruptcy
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Cash / Debt

Cash Ratio
0.68 indicates that the company has a moderate ability to cover its short-term debts with its cash
Debt Ratio
0.03 indicates that the company uses little debt to finance its assets, suggesting good financial stability
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Free Cash Flow

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Earnings Per Share (annual)

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Sales

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