FIRST INTERSTATE BANCSYSTEM INC FIBK
We are a financial and bank holding company focused on community banking. Since our incorporation in Montana in 1971, we have grown both organically and through strategic acquisitions. As of February 20, 2026, we operated 290 banking offices, including branches and detached drive-up facilities, in communities across 12 states— Colorado, Idaho, Iowa, Minnesota, Missouri, Montana, Nebraska, North Dakota, Oregon, South Dakota, Washington, and Wyoming. Through our bank subsidiary, First Interstate Bank, we deliver a comprehensive range of banking products and services—including online and mobile banking—to individuals, businesses, government entities, and others throughout our market areas.
We are proud to provide financial services and products to clients that participate in a wide variety of industries, including:
Valuation FY2025 figures against the last close
Annual financial statements
Income statement
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.18B | $1.30B | $1.28B | $1.02B | $506.5M | $524.4M | $554.0M | $473.4M | $377.8M | $297.4M |
| Interest expense | $825.4M | $821.6M | $878.8M | $942.6M | $17.3M | $26.6M | $59.0M | $40.9M | $28.0M | $17.6M |
| Pre-tax income | $391.7M | $294.5M | $336.8M | $257.1M | $247.8M | $209.3M | $235.1M | $206.3M | $156.7M | $145.3M |
| Income tax | $89.6M | $68.5M | $79.3M | $54.9M | $55.7M | $48.1M | $54.1M | $46.1M | $50.2M | $49.6M |
| Net income | $302.1M | $226.0M | $257.5M | $202.2M | $192.1M | $161.2M | $181.0M | $160.2M | $106.5M | $95.7M |
| EPS, basic | 2.95 | 2.19 | 2.48 | 1.96 | 3.12 | 2.53 | 2.84 | 2.77 | 2.07 | 2.15 |
| EPS, diluted | 2.94 | 2.19 | 2.48 | 1.96 | 3.11 | 2.53 | 2.83 | 2.75 | 2.05 | 2.13 |
| Shares, diluted (wtd. avg.) | 102.8M | 103.2M | 103.8M | 103.3M | 61.7M | 63.7M | 63.9M | 58.2M | 51.9M | 44.9M |
Balance sheet
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | $1.31B | $896.6M | $578.0M | $870.5M | $2.34B | $2.28B | $1.08B | $822.0M | $758.9M | $782.0M |
| Property, plant and equipment | $406.6M | $427.2M | $444.3M | $444.7M | $299.6M | $312.3M | $306.0M | $245.2M | $241.9M | $194.5M |
| Goodwill | $1.10B | $1.10B | $1.10B | $1.10B | $621.6M | $621.6M | $621.6M | $546.7M | $444.7M | $212.8M |
| Other intangibles | $53.3M | $66.8M | $81.4M | $97.0M | $41.3M | — | — | — | — | — |
| Total assets | $26.64B | $29.14B | $30.67B | $32.29B | $19.67B | $17.65B | $14.64B | $13.30B | $12.21B | $9.06B |
| Long-term debt | — | — | $99.0M | $98.9M | $98.7M | $98.6M | $0 | — | — | — |
| Total liabilities | $23.19B | $25.83B | $27.44B | $29.21B | $17.69B | $15.69B | $12.63B | $11.61B | $10.79B | $8.08B |
| Retained earnings | $1.27B | $1.17B | $1.14B | $1.07B | $1.05B | $962.1M | $953.6M | $851.8M | $752.6M | $694.6M |
| Total equity | $3.45B | $3.30B | $3.23B | $3.07B | $1.99B | $1.96B | $2.01B | $1.69B | $1.43B | $982.6M |
Cash flow
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $305.6M | $355.0M | $428.0M | $534.4M | $282.3M | $268.3M | $127.3M | $219.0M | $154.6M | $118.0M |
| Depreciation and amortisation | $50.8M | $57.0M | $53.8M | $55.5M | $44.4M | $45.1M | $38.7M | $27.6M | $18.4M | $19.5M |
| Stock-based compensation | $13.3M | $11.8M | $4.7M | $9.6M | $8.9M | $7.5M | $8.0M | $5.6M | $3.9M | $4.4M |
| Investing cash flow | $2.31B | $1.76B | $1.25B | -$949.0M | -$2.12B | -$1.87B | -$16.8M | -$181.1M | -$130.6M | -$143.1M |
| Financing cash flow | -$2.20B | -$1.80B | -$1.97B | -$1.06B | $1.91B | $2.80B | $144.3M | $25.2M | -$47.1M | $26.6M |
| Dividends paid | $194.3M | $195.9M | $195.1M | $182.1M | $101.6M | $128.6M | $79.2M | $64.1M | $48.6M | $39.4M |
| Buybacks | $121.9M | $1.2M | $34.0M | $199.0M | $5.4M | $116.8M | $2.5M | $1.0M | $1.3M | $26.9M |
Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0000860413-26-000025.
Plot the figures US dollars
- Revenue
- Gross profit
- Net income
| Fiscal year | FY2016 | FY2017 | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $297.4M | $377.8M | $473.4M | $554.0M | $524.4M | $506.5M | $1.02B | $1.28B | $1.30B | $1.18B |
| Gross profit | — | — | — | — | — | — | — | — | — | — |
| Net income | $95.7M | $106.5M | $160.2M | $181.0M | $161.2M | $192.1M | $202.2M | $257.5M | $226.0M | $302.1M |
Recent filings and events
- Officer or director change Someone at the top arrived or left. The item covers everything from a board retirement to a chief executive being removed, and only the filing itself says which. Item 5.02
- Results announced The quarterly or annual earnings release. Arrives four times a year from almost every company here. Item 2.02
- Regulation FD disclosure Something the company told the market and had to tell everyone at once - usually a slide deck or a press release. Item 7.01
- Other event The catch-all. The company chose to disclose something that fits no other item, so the content is whatever it says it is. Item 8.01
- Officer or director change Item 5.02
- Officer or director change Item 5.02
- Officer or director change Item 5.02
- Charter or fiscal year changed A change to the company's governing documents, or to when its year ends. Item 5.03
- Shareholder vote The results of the annual meeting or a special vote. Item 5.07
- Officer or director change Item 5.02
- Results announced Item 2.02
- Regulation FD disclosure Item 7.01
Item numbers are Form 8-K's own, and a filing date is up to four business days after the thing it reports. The same feed across the whole market.
Others in SIC 6022
| Ticker | Company | Market cap | P/E | Revenue growth |
|---|---|---|---|---|
| BNY | Bank of New York Mellon Corp | $98.57B | 19.6x | 7.8% |
| FITB | FIFTH THIRD BANCORP | $48.05B | 15.0x | -5.0% |
| STT | STATE STREET CORP | $46.10B | 17.9x | 7.3% |
| MTB | M&T BANK CORP | $32.01B | 13.0x | 7.5% |
| NTRS | NORTHERN TRUST CORP | $30.72B | 19.2x | 6.1% |
| CFG | CITIZENS FINANCIAL GROUP INC/RI | $27.44B | 16.9x | 6.7% |
| FCNCA | FIRST CITIZENS BANCSHARES INC /DE/ | $27.41B | 14.4x | -2.2% |
| EWBC | EAST WEST BANCORP INC | $17.97B | 13.8x | 2.4% |