Date | Price Target | Rating | Analyst |
---|---|---|---|
3/8/2024 | $28.00 | Equal Weight | Barclays |
10/4/2023 | $25.00 | Overweight → Equal Weight | Wells Fargo |
3/15/2023 | $33.00 | Neutral | UBS |
2/1/2023 | $44.00 → $43.00 | Equal-Weight → Overweight | Stephens |
1/30/2023 | $49.00 → $38.00 | Outperform → Mkt Perform | Keefe Bruyette |
5/3/2022 | $42.00 | Neutral → Buy | Janney |
5/2/2022 | $45.00 | Mkt Perform → Outperform | Keefe Bruyette |
2/11/2022 | $43.00 | Mkt Perform | Keefe Bruyette |
Barclays initiated coverage of First Interstate Bancsystem with a rating of Equal Weight and set a new price target of $28.00
Wells Fargo downgraded First Interstate Bancsystem from Overweight to Equal Weight and set a new price target of $25.00
UBS initiated coverage of First Interstate Bancsystem with a rating of Neutral and set a new price target of $33.00
First Interstate BancSystem, Inc. (NASDAQ:FIBK) (the "Company") today reported financial results for the second quarter of 2024. For the quarter, the Company reported net income of $60.0 million, or $0.58 per share, which compares to net income of $58.4 million, or $0.57 per share, for the first quarter of 2024 and net income of $67.0 million, or $0.65 per share, for the second quarter of 2023. HIGHLIGHTS Criticized loans decreased $12.0 million at June 30, 2024, compared to March 31, 2024, driven by loan upgrades, payoffs, and charge-offs. Non-performing assets decreased $14.5 million at June 30, 2024, compared to March 31, 2024, driven primarily by the paydown of nonaccrual loans
First Interstate BancSystem, Inc. (NASDAQ:FIBK), parent company of First Interstate Bank, will report second quarter results after the market closes on Thursday, July 25, 2024. A conference call for investors is scheduled for Friday, July 26, 2024 at 11 a.m. Eastern (9 a.m. Mountain), during which the Company will discuss quarterly results. There will be a question-and-answer session following the presentation. The conference call will be accessible by telephone and through the Internet. Shareholders, analysts, and other interested parties are invited to join the call by dialing 800-274-8461; the Conference ID is FIBANC. To participate via the Internet, visit www.FIBK.com. A telephone rep
First Interstate BancSystem, Inc. (NASDAQ:FIBK) ("First Interstate" or the "Company") announced today the upcoming retirement of President and Chief Executive Officer Kevin P. Riley and has initiated a search for his successor. Riley will continue to serve in his role as President and CEO until a successor is appointed. Riley joined First Interstate in 2013 as Executive Vice President and the Chief Financial Officer before becoming President and CEO in 2015. "On behalf of the Board, I would like to thank Kevin for his unwavering commitment to excellence and his leadership of First Interstate," said Stephen B. Bowman, Chair of the Board, First Interstate BancSystem, Inc. "We are initiati
First Interstate BancSystem, Inc. (NASDAQ:FIBK) (the "Company") today reported financial results for the second quarter of 2024. For the quarter, the Company reported net income of $60.0 million, or $0.58 per share, which compares to net income of $58.4 million, or $0.57 per share, for the first quarter of 2024 and net income of $67.0 million, or $0.65 per share, for the second quarter of 2023. HIGHLIGHTS Criticized loans decreased $12.0 million at June 30, 2024, compared to March 31, 2024, driven by loan upgrades, payoffs, and charge-offs. Non-performing assets decreased $14.5 million at June 30, 2024, compared to March 31, 2024, driven primarily by the paydown of nonaccrual loans
First Interstate BancSystem, Inc. (NASDAQ:FIBK), parent company of First Interstate Bank, will report second quarter results after the market closes on Thursday, July 25, 2024. A conference call for investors is scheduled for Friday, July 26, 2024 at 11 a.m. Eastern (9 a.m. Mountain), during which the Company will discuss quarterly results. There will be a question-and-answer session following the presentation. The conference call will be accessible by telephone and through the Internet. Shareholders, analysts, and other interested parties are invited to join the call by dialing 800-274-8461; the Conference ID is FIBANC. To participate via the Internet, visit www.FIBK.com. A telephone rep
First Interstate BancSystem, Inc. (NASDAQ:FIBK) (the "Company") today reported financial results for the first quarter of 2024. For the quarter, the Company reported net income of $58.4 million, or $0.57 per share, which compares to net income of $61.5 million, or $0.59 per share, for the fourth quarter of 2023 and net income of $56.3 million, or $0.54 per share, for the first quarter of 2023. HIGHLIGHTS Criticized loans decreased $58.3 million at March 31, 2024, compared to December 31, 2023, driven by loan upgrades and payoffs. Non-performing assets increased $61.6 million at March 31, 2024, compared to December 31, 2023, driven primarily by one non-accrual commercial and industri
10-Q - FIRST INTERSTATE BANCSYSTEM INC (0000860413) (Filer)
8-K - FIRST INTERSTATE BANCSYSTEM INC (0000860413) (Filer)
8-K - FIRST INTERSTATE BANCSYSTEM INC (0000860413) (Filer)
4 - FIRST INTERSTATE BANCSYSTEM INC (0000860413) (Issuer)
4 - FIRST INTERSTATE BANCSYSTEM INC (0000860413) (Issuer)
4 - FIRST INTERSTATE BANCSYSTEM INC (0000860413) (Issuer)
PLANO, Texas, Feb. 10, 2022 (GLOBE NEWSWIRE) -- Katapult, a lease-to-own platform that integrates with major e-commerce platforms to power online shopping for non-prime customers, today announced the appointment of Joyce Phillips and Jane J. Thompson to its Board of Directors, effective immediately. Ms. Phillips and Ms. Thompson were appointed to the class of directors that will stand for election at the 2022 Annual Meeting of Stockholders. "Both executives are accomplished business leaders and seasoned board members with an impressive record of achievement at the intersection of technology, finance, retail and banking," said Orlando Zayas, CEO of Katapult. "Their fresh perspective will b
4 - FIRST INTERSTATE BANCSYSTEM INC (0000860413) (Issuer)
First Interstate BancSys's (NYSE:FIBK) short percent of float has risen 8.66% since its last report. The company recently reported that it has 2.20 million shares sold short, which is 2.76% of all regular shares that are available for trading. Based on its trading volume, it would take traders 2.69 days to cover their short positions on average. Why Short Interest Matters Short interest is the number of shares that have been sold short but have not yet been covered or closed out. Short selling is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises. Shor
Throughout the last three months, 7 analysts have evaluated First Interstate BancSys (NASDAQ:FIBK), offering a diverse set of opinions from bullish to bearish. The following table summarizes their recent ratings, shedding light on the changing sentiments within the past 30 days and comparing them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 0 3 4 0 0 Last 30D 0 0 1 0 0 1M Ago 0 1 1 0 0 2M Ago 0 0 0 0 0 3M Ago 0 2 2 0 0 Analysts have recently evaluated First Interstate BancSys and provided 12-month price targets. The average target is $30.43, accompanied by a high estimate of $37.00 and a low estimate of $25.00. Surpa
SC 13D/A - FIRST INTERSTATE BANCSYSTEM INC (0000860413) (Subject)
SC 13D/A - FIRST INTERSTATE BANCSYSTEM INC (0000860413) (Subject)
SC 13G - FIRST INTERSTATE BANCSYSTEM INC (0000860413) (Subject)