First Interstate BancSystem, Inc.

FIBK Financial Banks Regional

First Interstate BancSystem, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $1.4 billion, down 4.67% from fiscal 2024. In the quarter to June 2026, revenue fell 1.86%, EPS grew 26.1%, free cash flow fell 12.4% and total debt fell 55.4%, each against the same quarter a year earlier. Dividend growth for five consecutive years.

34.82 0.01 +0.03%
Market cap
$3.3B
P/E
10.7×
Fwd P/E
13.4×
Dividend yield
5.40%
F-score
8/9
Altman Z
n/a
Beneish M
n/a
Dividend safety
n/a
Dec '16 Dec '17 Dec '18 Dec '19 Dec '20 Dec '21 Dec '22 Dec '23 Dec '24 Dec '25
P/E ratio
19.79 19.33 13.20 14.71 15.99 13.08 21.03 12.60 14.76 11.73
Piotroski F-Score
8 6 6 5 5 7 5 6 7 8
P/S ratio
4.39 3.98 3.45 3.83 3.81 3.82 3.39 2.27 2.26 2.51
P/FCF ratio
17.08 17.02 10.82 24.68 11.78 10.20 8.05 8.64 10.55 14.16
P/Operating CF
48.86 34.52 44.85 37.79 24.58 32.60 41.95 46.79 35.12 52.73
P/B ratio
1.94 1.45 1.25 1.32 1.32 1.26 1.31 1.00 1.01 1.03
Price to Tangible BV
2.57 2.27 1.99 2.05 2.05 1.94 2.18 1.61 1.58 1.56
EV/Sales
2.84 2.74 2.28 2.43 0.76 0.55 4.86 3.89 2.91 1.80
EV/EBITDA
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
EV/Operating CF
10.43 9.21 6.36 13.29 1.92 1.28 10.78 12.97 12.14 8.30
EV/FCF
11.05 11.72 7.14 15.65 2.34 1.47 11.53 14.79 13.60 10.11
Quick Ratio
0.10 0.07 0.07 0.09 0.15 0.13 0.03 0.02 0.04 0.06
Current Ratio
0.78 0.78 0.81 0.81 0.78 0.67 0.71 0.77 0.78 0.72
Net Debt/EBITDA
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Debt/Assets
1.22% 0.95% 0.77% 0.69% 1.13% 1.01% 8.09% 9.41% 6.39% 1.11%
Debt/Equity
0.11 0.08 0.06 0.05 0.10 0.10 0.85 0.89 0.56 0.09
Asset Turnover
0.05 0.05 0.05 0.05 0.04 0.04 0.05 0.05 0.05 0.05
Operating CF/Net income
1.23 1.45 1.37 0.70 1.66 1.47 2.64 1.66 1.57 1.01
Capex/Depreciation
(0.21) (1.10) 0.11 0.18 (0.33) (0.10) (0.10) (0.44) (0.17) (0.53)
ROE
9.90% 8.84% 10.26% 9.76% 8.11% 9.74% 7.99% 8.17% 6.92% 8.95%
ROA
1.08% 1.00% 1.26% 1.30% 1.00% 1.03% 0.78% 0.82% 0.76% 1.08%
ROIC
29.76% 14.65% 14.02% 15.38% 0.00% 0.00% 4.88% 3.80% 4.31% 10.06%
Return on Tangible Assets
(6.15%) (5.10%) (8.21%) (8.56%) (5.23%) (3.47%) (2.81%) (4.87%) (4.63%) (5.04%)
Average Days of Receivables
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Research and Development Expense of Revenue
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Selling, General and Administrative Expense of Revenue
60.34% 57.60% 56.31% 53.26% 63.72% 56.31% 60.26% 47.18% 46.64% 46.30%
Intangible Assets out of Total Assets
0.03 0.04 0.05 0.05 0.04 0.04 0.04 0.04 0.04 0.04
Share Based Compensation of Revenue
1.01% 0.75% 0.91% 1.15% 1.10% 1.36% 0.81% 0.33% 0.80% 0.94%
Graham Net Nets
(0.98) (1.18) (1.09) (0.96) (1.40) (2.41) (2.55) (2.66) (2.15) (1.89)
Graham Number
32.75 36.04 42.75 45.05 42.04 47.49 35.20 41.66 39.85 47.23
Earnings Yield
5.05% 5.17% 7.58% 6.80% 6.25% 7.65% 4.75% 7.94% 6.78% 8.53%
Free Cash Flow Yield
5.85% 5.88% 9.24% 4.05% 8.49% 9.80% 12.43% 11.58% 9.48% 7.06%
Revenue per Share
9.75 10.10 10.60 10.95 10.69 10.64 11.47 13.75 14.38 13.76
Operating CF per Share
2.65 3.01 3.79 2.00 4.22 4.58 5.17 4.13 3.45 2.98
Capex per Share
(0.15) (0.64) 0.07 0.14 (0.32) (0.14) (0.07) (0.24) (0.10) (0.26)
Free Cash Flow per Share
2.50 2.36 3.86 2.14 3.90 4.44 5.11 3.89 3.35 2.72
Cash per Share
17.57 14.76 14.23 16.92 35.79 38.03 8.43 5.57 8.71 12.77
Shareholders Equity per Share
22.07 27.76 29.32 31.64 30.81 32.22 29.76 31.11 32.08 33.61
Interest Debt per Share
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Book value per Share
22.07 27.76 29.32 31.64 30.81 32.22 29.76 31.11 32.08 33.61
Free Cash Flow
111.40 121.50 223.20 136.10 248.20 273.70 527.30 403.30 344.90 278.70
Working Capital
(1,749.79) (2,331.00) (2,197.40) (2,420.70) (3,393.50) (5,841.10) (7,639.10) (5,732.00) (5,310.30) (6,395.50)
Capital Expenditures
(6.60) (33.10) 4.20 8.80 (20.10) (8.60) (7.10) (24.70) (10.10) (26.90)
Net Current Asset Value
(1,867.10) (2,446.60) (2,308.70) (2,548.20) (3,623.80) (6,053.60) (10,266.20) (8,637.30) (7,178.30) (6,697.50)
EV/EBIT
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Capex to Sales
0.02 0.06 (0.01) (0.01) 0.03 0.01 0.01 0.02 0.01 0.02
Price to Operating Income
12.86 11.25 9.66 10.45 12.39 9.67 10.69 9.63 11.35 9.06
Other line items
Depreciation/Fixed assets
0.16 0.12 0.15 0.16 0.20 0.28 0.16 0.13 0.14 0.12
Cash ROIC
5.94% 5.28% 8.52% 4.26% 5.60% 6.04% 8.04% 6.03% 5.69% 5.52%
Accounts Receivable Turnover
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Accounts Payable Turnover
0.00 0.00 0.00 0.01 0.00 0.00 0.00 0.02 0.02 0.02
Inventory Turnover
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Average Days of Payables
153,901.90 130,637.41 96,156.53 72,957.31 197,064.32 346,391.33 118,055.99 21,559.38 17,756.27 23,161.97
Days of Inventory on Hand
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Average Payables
7,281.50 8,721.26 10,398.15 11,283.95 13,077.25 15,389.70 20,968.75 24,611.50 23,549.00 22,884.80
Average Assets
8,896.05 10,638.60 12,756.75 13,972.20 16,146.45 18,660.30 25,979.85 31,479.50 29,904.30 27,889.00
Average Common Equity
966.54 1,205.10 1,560.75 1,853.90 1,986.85 1,973.20 2,530.20 3,150.65 3,265.75 3,375.50

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Columns are period end dates