First Interstate BancSystem

First Interstate BancSystem, Inc. is a financial holding company, which engages in the provision of community banking solutions. The firm offers commercial and consumer banking services to individuals, businesses, municipalities, and other entities. It also provides Internet, mobile, and other banking and financial services. The company was founded by Homer Scott Sr. in 1968 and is headquartered in Billings, MT.

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Earnings data Q4 2024

First Interstate BancSystem reports strong Q4 performance and strategic outlook for sustainable growth

First Interstate BancSystem delivered a strong performance in Q4 2022, with robust loan growth and expanding net interest margin. Despite challenges like seasonal deposit outflows and expense increases, the company remains focused on managing through economic uncertainty and maintaining strong fundamentals.
Strategic initiatives such as rotating the balance sheet, winning new relationships, and preparing for potential downturns through hedging provide a solid foundation for future growth. Opportunities lie in managing expenses, strengthening core deposits, and capital management strategies for positive operating leverage.
Overall, First Interstate BancSystem's proactive approach to addressing challenges and leveraging strengths positions it well for sustainable growth and profitability in the dynamic financial landscape. By focusing on key opportunities and maintaining a strong performance track record, the company is poised for continued success.

First Interstate BancSystem posts strong Q1 results amidst growth strategies

First Interstate BancSystem delivered a solid performance in Q1 2023, maintaining a strong capital position and asset quality.
While facing challenges like slower loan growth and declining fee income, the company is pursuing growth opportunities through new products and services.
Strategic focus on stability, growth, and managing expenses will be key for First Interstate BancSystem in navigating the evolving financial landscape.

First Interstate BancSystem reports stable Q2 earnings and growth initiatives

First Interstate BancSystem Inc. delivered solid financial performance in Q2 2023, with a focus on asset quality and innovation.
While facing challenges such as deposit declines and lower loan growth, the company remains optimistic about future trends and opportunities.
Investors can find confidence in the company's strategic initiatives, strong financial position, and commitment to sustainable growth.

First Interstate BancSystem reports strong Q3 earnings and focuses on expense control and customer service

First Interstate BancSystem delivered a solid Q3 performance with increased net income and improved loan spreads. The company is focused on expense control, enhancing customer service, and expects stable to slight improvement in credit quality going forward.

First Interstate BancSystem reports Q4 earnings, eyes margin improvement

First Interstate BancSystem navigated challenges in net interest income and total deposits while focusing on operational efficiency and risk management.
The company's strategic investments and disciplined underwriting criteria position it well for future growth opportunities.
Anticipated improvements in net interest margin and stable deposits present positive outlooks for the company's financial performance.
Management's transparency and willingness to engage with investors reflect a commitment to long-term success and stakeholder value.

First Interstate BancSystem reports solid Q1 earnings amidst loan challenges

First Interstate BancSystem's Q1 2024 performance showed resilience despite challenges in loan and deposit balances. The company remains optimistic about its financial position and is proactively addressing potential challenges through debt restructuring.

First Interstate BancSystem (FIBK) reports robust Q2 earnings amidst CEO transition

First Interstate BancSystem (FIBK) delivered a solid performance in Q2 2024, with strong net income and margin expansion. While facing CEO transition challenges, the company remains well-positioned to leverage its financial strengths and address analyst concerns for sustained growth.

First Interstate BancSystem reports Q3 results, navigates CEO transition

First Interstate BancSystem delivered a mixed performance in Q3 2024, with strong capital ratios but challenges in loan dynamics and charge-offs.
The CEO transition to Jim Reuter signals a new chapter for the company, requiring a focus on addressing challenges and capitalizing on growth opportunities.
Strategic management of financial metrics, effective risk management, and transparent communication with stakeholders will be crucial for First Interstate BancSystem's future success.

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First Interstate BancSystem, Inc. is a financial holding company, which provides community banking solutions. The firm offers commercial and consumer banking services to individuals, businesses, municipalities, and other entities. The company was founded by Homer Scott Sr. in 1968 and is headquartered in Billings, MT.

Does First Interstate BancSystem (FIBK) have what it takes to be a top stock pick for momentum investors? Let's find out.

Are You Looking for a Top Momentum Pick? Why First Interstate BancSystem (FIBK) is a Great Choice

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First Interstate BancSystem, Inc. (NASDAQ:FIBK ) Q3 2022 Earnings Conference Call October 26, 2022 11:00 AM ET Company Participants Lisa Slyter-Bray - Executive Assistant Kevin Riley - Chief Executive Officer Marcy Mutch - Chief Financial Officer John Stewart - Deputy Chief Financial Officer Conference Call Participants Chris McGratty - KBW Matthew Clark - Piper Sandler Jared Shaw - Wells Fargo Jeff Rulis - D.A. Davidson Andrew Terrell - Stephens Operator Good morning.

First Interstate BancSystem, Inc. (FIBK) Q3 2022 Earnings Call Transcript

First Interstate BancSystem (FIBK) delivered earnings and revenue surprises of 9.78% and 2.62%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?

First Interstate BancSystem (FIBK) Beats Q3 Earnings Estimates

First Interstate BancSystem, Inc. Reports Third Quarter Earnings and Announces a 14.6% Increase in the Quarterly Cash Dividend to $0.47 per Share

First Interstate BancSystem (FIBK) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

All You Need to Know About First Interstate BancSystem (FIBK) Rating Upgrade to Strong Buy

BILLINGS, Mont.--(BUSINESS WIRE)--First Interstate BancSystem, Inc. (NASDAQ: FIBK) is pleased to announce that Ashley Hayslip has accepted her appointment, effective November 28, 2022, as Executive Vice President, Chief Banking Officer of First Interstate Bank. In her new role, Ms. Hayslip will lead First Interstate Bank's retail and commercial teams as well as oversee First Interstate Wealth Management and First Interstate Investment Services. “Ashley has a strong understanding of and passion

Ashley Hayslip Joins First Interstate as Chief Banking Officer

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First Interstate BancSystem (FIBK) stock looks like a good investment option, given its strong fundamentals and decent growth prospects.

3 Reasons to Invest in First Interstate BancSystem (FIBK) Stock

First Interstate BancSystem (FIBK) is well positioned to outperform the market, as it exhibits above-average growth in financials.

3 Reasons Why First Interstate BancSystem (FIBK) Is a Great Growth Stock

Should investors be excited or worried when a stock's 50 -day simple moving average crosses above the 200-day simple moving average?

First Interstate BancSystem (FIBK) Now Trades Above Golden Cross: Time to Buy?

First Interstate BancSystem, Inc. (NASDAQ:FIBK ) Q2 2022 Results Earnings Conference Call July 27, 2022 11:00 AM ET Company Participants Lisa Slyter-Bray - Executive Assistant Kevin Riley - Chief Executive Officer Marcy Mutch - Chief Financial Officer Conference Call Participants Jared Shaw - Wells Fargo Andrew Terrell - Stephens Matthew Clark - Piper Sandler Chris McGratty - KBW Operator Hello, and welcome to the First Interstate BancSystem, Incorporated Second Quarter Earnings Conference Call. My name is Harry, and I'll be coordinating your call today.

First Interstate BancSystem, Inc. (FIBK) CEO Kevin Riley on Q2 2022 Results - Earnings Call Transcript

First Interstate BancSystem (FIBK) delivered earnings and revenue surprises of 24% and 6.45%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

First Interstate BancSystem (FIBK) Q2 Earnings and Revenues Surpass Estimates

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BILLINGS, Mont.--(BUSINESS WIRE)--First Interstate BancSystem, Inc. (NASDAQ: FIBK), parent company of First Interstate Bank, announced that effective today, all Great Western Bank locations are now open and operating as First Interstate Bank branches. The successful conversion allows First Interstate to directly serve clients and communities in eight new states (14 states total) and brings First Interstate's total number of branches to more than 300 convenient locations. “It's an exciting day f

First Interstate Bank Completes Expansion into Eight New States with Great Western Bank Conversion

First Interstate BancSystem, Inc. shows solid revenue growth and liquidity. Its stable fundamentals prove it is capable of sustaining its now larger operations.

First Interstate BancSystem Maintains Systematic Liquidity

The mean of analysts' price targets for First Interstate BancSystem (FIBK) points to a 33.4% upside in the stock. While this highly sought-after metric has not proven reasonably effective, strong agreement among analysts in raising earnings estimates does indicate an upside in the stock.

Can First Interstate BancSystem (FIBK) Climb 33% to Reach the Level Wall Street Analysts Expect?

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

Should Value Investors Buy First Interstate BancSystem (FIBK) Stock?

First Interstate BancSystem, Inc. (NASDAQ:FIBK ) Q1 2022 Results Conference Call April 29, 2022 11:00 AM ET Company Participants Lisa Slyter-Bray - Executive Assistant Kevin Riley - Chief Executive Officer Marcy Mutch - Chief Financial Officer Michael Lugli - Chief Credit Officer Conference Call Participants Jeff Rulis - D.A. Davidson Matthew Clark - Piper Sandler Jared Shaw - Wells Fargo Chris McGrady - KBW Andrew Dorell - Stephens Bank Todd McKellen - RBC Wealth Management Operator Good morning and thank you for attending today's First Interstate BancSystem First Quarter Earnings Call.

First Interstate BancSystem, Inc. (FIBK) CEO Kevin Riley on Q1 2022 Results - Earnings Call Transcript

First Interstate BancSystem (FIBK) delivered earnings and revenue surprises of 425% and 11.22%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?

First Interstate BancSystem (FIBK) Tops Q1 Earnings Estimates

First Interstate BancSystem (FIBK) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

First Interstate BancSystem (FIBK) Expected to Beat Earnings Estimates: Can the Stock Move Higher?

Are Investors Undervaluing First Interstate BancSystem (FIBK) Right Now?

BILLINGS, Mont.--(BUSINESS WIRE)--First Interstate BancSystem, Inc. (NASDAQ: FIBK) (“FIBK”), parent company of First Interstate Bank, announced today that all outstanding shares of its Class B common stock automatically converted into Class A common stock on a one-for-one basis before the markets opened for trading. The conversion had no effect on the economic rights of holders of shares of Class A common stock or Class B common stock; the conversion merely eliminated the different voting power

First Interstate BancSystem, Inc. Announces Effectiveness of Automatic Conversion of its Class B Common Stock into Class A Common Stock

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I have owned First Interstate (FIBK) since 2015. FIBK announced its acquisition of Great Western in Sept. and the merger closed Feb. 1.

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