FIBK
Financial ServicesFirst Interstate BancSystem, Inc. · Banks - Regional · $3B
What is First Interstate BancSystem, Inc.?
First Interstate BancSystem, Inc. is a bank holding company headquartered in Billings, Montana, serving individuals, businesses, municipalities, and nonprofits across multiple US states. Its primary subsidiary, First Interstate Bank, delivers a broad range of traditional and specialty banking services.
First Interstate BancSystem generates revenue primarily through interest income on loans and deposits, alongside fee-based services. The bank extends credit across commercial real estate, residential, agricultural, and consumer segments, while also offering trust, investment management, insurance, and custodial services. Small and medium-sized businesses are a core client base, and the bank supports municipal depositors through repurchase agreements. Digital channels including online and mobile banking complement its branch-based model.
The holding company was established in 2010 and is headquartered in Billings, Montana.
- Commercial and residential real estate loans
- Consumer and agricultural lending
- Trust, investment management, and custodial services
- Business banking and commercial loans for SMEs
- Online and mobile banking platforms
Is FIBK a Good Stock to Buy?
UQS Score rates FIBK as Below Average overall, reflecting meaningful headwinds across several key pillars.
The Quality pillar stands out as the relative bright spot, suggesting the bank maintains reasonable operational discipline. Valuation is rated Attractive, meaning the stock may be priced at a discount relative to its fundamentals — a factor worth weighing for patient, value-oriented investors.
Growth, Moat, and Risk are all rated Weak, pointing to limited competitive differentiation, constrained expansion prospects, and elevated risk factors that temper the appeal of the Attractive valuation.
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Past performance does not guarantee future results. UQS Score is based on fundamental data and is not a buy/sell recommendation.
Does FIBK pay dividends?
Yes — First Interstate BancSystem, Inc. pays a dividend.
First Interstate BancSystem pays a regular dividend, consistent with the income-oriented tradition of regional bank holding companies. For investors seeking current income, FIBK's dividend cadence may be a draw — though the Weak Growth and Risk pillar ratings are worth considering alongside any yield-focused thesis. Dividend continuity in regional banking depends heavily on earnings stability and regulatory capital requirements.
When does FIBK report earnings?
First Interstate BancSystem reports earnings on a quarterly cadence, typical for US-listed bank holding companies.
The bank's recent results reflect the broader pressures facing regional lenders, including net interest margin compression and credit quality monitoring. Weak Growth and Risk pillar ratings suggest the earnings trajectory has faced headwinds rather than acceleration.
For the most recent quarter's results and guidance, visit First Interstate BancSystem's investor relations page directly.
FIBK Price History
-4.5% over 5Y
Monthly close, adjusted for stock splits and dividend reinvestment.
What if I invested in First Interstate BancSystem, Inc.?
Based on First Interstate BancSystem, Inc.'s historical closing prices, adjusted for stock splits and dividend reinvestment. Past performance does not guarantee future results. This is for informational purposes only and is not financial advice.
FIBK Long-term Outlook
The UQS Growth pillar is rated Weak, indicating the fundamental outlook for revenue and earnings expansion is limited in the near term. The Risk pillar, also rated Weak, adds uncertainty to any recovery scenario. That said, the Attractive Valuation rating suggests the market may already be pricing in much of the downside — leaving room for rerating if conditions improve. The path forward depends heavily on interest rate dynamics and credit quality trends in the bank's core markets.
Growth drivers
- Potential net interest margin recovery if interest rates stabilize
- Expansion of fee-based services including trust and investment management
- Deepening relationships with municipal and commercial depositors
Key risks
- Weak moat leaves the bank exposed to competition from larger national banks and fintechs
- Credit quality deterioration in agricultural and commercial real estate portfolios
- Regulatory capital requirements constraining dividend sustainability and loan growth
FIBK vs Peers
First Interstate BancSystem competes with other regional and community-focused bank holding companies across the US.
WesBanco operates primarily across the Mid-Atlantic and Midwest, offering a comparable community banking model with a different geographic footprint.
BankUnited focuses on commercial banking in Florida and New York, targeting a more urban and commercial client base than FIBK's rural and agricultural mix.
Mechanics Bank is a California-based community bank with a strong focus on private banking and commercial real estate lending in its regional market.
Frequently Asked Questions
What does First Interstate BancSystem do?
First Interstate BancSystem is a bank holding company operating First Interstate Bank across multiple US states. It provides checking and savings accounts, commercial and consumer loans, agricultural lending, trust services, investment management, and online banking to individuals, businesses, and municipalities.
Does FIBK pay dividends?
Yes, First Interstate BancSystem pays a regular dividend. Regional bank holding companies like FIBK have historically prioritized returning capital to shareholders through dividends. Investors should review the company's investor relations page for the current dividend rate and payment schedule.
When does FIBK report earnings?
First Interstate BancSystem reports earnings on a quarterly cadence, in line with standard US-listed bank holding company practice. For specific dates and the most recent results, check the investor relations section of the company's official website.
Is FIBK a good stock to buy?
UQS Score rates FIBK as Below Average overall. The Valuation pillar is Attractive and Quality is rated Good, but Growth, Moat, and Risk are all Weak. Whether FIBK fits a portfolio depends on an investor's tolerance for risk and preference for value-oriented income plays. The full pillar breakdown is available to UQS Pro members.
Is FIBK overvalued?
Based on the UQS Valuation pillar, FIBK is rated Attractive — suggesting the stock is not overvalued relative to its fundamentals. However, an attractive price alone does not offset the Weak Growth and Risk ratings. Investors should weigh valuation in the context of the full UQS profile.
How does FIBK compare to its competitors?
FIBK operates in a similar regional banking space as WesBanco, BankUnited, and Mechanics Bank, but with a distinct focus on agricultural states and rural communities in the western US. Its Weak Moat rating suggests limited differentiation versus peers. The UQS platform provides side-by-side scoring for direct comparison.
What is FIBK's market cap bracket?
First Interstate BancSystem is classified as a mid-cap stock. This places it in a segment of the market that typically offers more liquidity than small-cap regional banks while still carrying the concentration risks associated with community-focused lenders.
Who founded First Interstate BancSystem?
First Interstate BancSystem has deep roots in Montana's banking history, with the holding company structure formalized in 2010. Founding and historical leadership details are publicly available through the company's official investor relations and about pages.
Is FIBK a long-term quality indicator?
As a long-term quality indicator, FIBK's UQS profile presents a mixed picture. The Good Quality pillar reflects reasonable operational discipline, but the Weak Moat and Weak Growth ratings raise questions about durable competitive advantage over time. Long-term investors should review the full pillar breakdown available to UQS Pro members.
What is the main competitive advantage of First Interstate BancSystem?
First Interstate Bank's primary advantage lies in its deep regional presence and long-standing relationships with agricultural, municipal, and small business clients in the western US. However, the UQS Moat pillar is rated Weak, indicating this advantage may not be sufficient to fend off competition from larger national banks and digital lenders.
What sector does FIBK belong to?
FIBK belongs to the Financial Services sector, specifically operating as a regional bank holding company. Regional banks are sensitive to interest rate cycles, credit quality trends, and local economic conditions — all factors reflected in the UQS Risk pillar assessment.
Is FIBK a growth stock or value stock?
Based on the UQS pillar profile, FIBK leans toward the value end of the spectrum. The Valuation pillar is rated Attractive while the Growth pillar is rated Weak — a combination more consistent with a value or income-oriented investment thesis than a growth-focused one.
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Pro Analysis
FIBK — Score History
| Date | UQS | Quality | Moat | Growth | Risk | Value | Change |
|---|---|---|---|---|---|---|---|
| May 22, 2026 | 45.0 | 79.8 | 20.0 | 22.1 | 39.4 | 64.8 | -0.1 |
| May 21, 2026 | 45.1 | 80.0 | 20.0 | 22.1 | 39.4 | 65.1 | -2.0 |
| May 9, 2026 | 47.1 | 79.6 | 20.0 | 18.3 | 40.1 | 83.7 | +3.6 |
| May 7, 2026 | 43.5 | 76.7 | 20.0 | 22.1 | 36.6 | 62.5 | -0.1 |
| May 4, 2026 | 43.6 | 76.7 | 20.0 | 22.1 | 36.6 | 63.4 | +0.2 |
| May 3, 2026 | 43.4 | 76.7 | 20.0 | 21.3 | 36.6 | 63.1 | 0.0 |
| May 2, 2026 | 43.4 | 76.7 | 20.0 | 21.3 | 36.6 | 63.4 | -3.7 |
| Apr 26, 2026 | 47.1 | 76.7 | 20.0 | 24.0 | 36.6 | 84.2 | 0.0 |
| Apr 25, 2026 | 47.1 | 76.7 | 20.0 | 24.0 | 36.6 | 84.5 | -0.4 |
| Apr 21, 2026 | 47.5 | 77.0 | 20.0 | 24.0 | 36.6 | 86.2 | +0.1 |
FIBK — Pillar Breakdown
Quality
— 79.8/100 (25%)First Interstate BancSystem, Inc. demonstrates outstanding capital efficiency and profitability, placing it among the highest-quality businesses in the market.
Profitability relative to shareholders' equity.
Ability to convert revenue into operating profit.
Bottom-line profit as a share of revenue.
Free cash flow relative to market value.
Growth
— 22.1/100 (20%)First Interstate BancSystem, Inc. faces growth headwinds with declining or stagnant revenue trends.
Revenue trajectory over the last twelve months.
Compound annual revenue growth rate over 3 years.
Year-over-year earnings per share growth.
Analyst consensus for future revenue growth.
Analyst consensus for future earnings growth.
Risk
— 39.4/100 (15%)First Interstate BancSystem, Inc. has some risk factors including moderate leverage or solvency concerns.
Total debt relative to shareholder equity.
Short-term liquidity — ability to pay near-term obligations.
Earnings capacity relative to interest payments.
Valuation
— 64.7/100 (15%)First Interstate BancSystem, Inc. trades at a reasonable valuation with decent earnings yield and FCF multiples.
Inverse of forward P/E — higher yield means cheaper stock.
How many years of FCF the market cap represents.
P/E relative to earnings growth — lower is more attractive.
Enterprise value multiple relative to sector median.
Moat
— 20/100 (25%)First Interstate BancSystem, Inc. operates in a highly competitive environment with limited sustainable advantages. The Moat pillar evaluates competitive advantages across five dimensions: Switching Costs, Network Effects, Cost Advantage, Intangible Assets, and Scale & Ecosystem. Sign in to customize moat ratings for FIBK.
Score Composition
Financial Data
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How is the FIBK UQS Score Calculated?
The UQS (Unified Quality Score) for First Interstate BancSystem, Inc. is calculated using a proprietary 6-pillar framework with 29 financial metrics. Each pillar evaluates a different dimension on a 0–100 scale, then combines into a single weighted score. Scoring thresholds are calibrated per sector. Momentum is an optional Pro toggle — without it, you get the 5-pillar / 25-metric core shown below.
Quality (25%) measures profitability and capital efficiency — ROIC, ROE, margins, GP/Assets, and FCF Yield.
Moat (25%) assesses First Interstate BancSystem, Inc.'s competitive advantages across switching costs, network effects, cost advantages, intangible assets, and ecosystem scale.
Growth (20%) tracks revenue trajectory and earnings momentum, combining historical results with analyst forward estimates.
Risk (15%) is inversely scored — lower leverage and strong balance sheet health result in higher scores.
Valuation (15%) measures whether First Interstate BancSystem, Inc. is fairly priced using earnings yield, price-to-FCF, PEG ratio, and EV/EBITDA relative to sector peers.
Six investor-inspired presets are available, each with different pillar weights: Balanced, Buffett, Munger, Lynch, Cathie Wood, and Graham. The public score shown here uses the Balanced preset. Learn more in our FAQ.