First Interstate BancSystem (FIBK) Projected to Post Quarterly Earnings on Tuesday

First Interstate BancSystem (NASDAQ:FIBK - Get Free Report) is expected to post its Q1 2025 quarterly earnings results after the market closes on Tuesday, April 29th. Analysts expect First Interstate BancSystem to post earnings of $0.56 per share and revenue of $253.50 million for the quarter.

First Interstate BancSystem (NASDAQ:FIBK - Get Free Report) last released its earnings results on Wednesday, January 29th. The financial services provider reported $0.50 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.49 by $0.01. First Interstate BancSystem had a net margin of 15.94% and a return on equity of 6.92%. On average, analysts expect First Interstate BancSystem to post $3 EPS for the current fiscal year and $3 EPS for the next fiscal year.

First Interstate BancSystem Trading Down 1.3 %

Shares of NASDAQ FIBK traded down $0.37 during midday trading on Friday, reaching $27.94. 212,033 shares of the stock were exchanged, compared to its average volume of 636,871. The company has a current ratio of 0.78, a quick ratio of 0.78 and a debt-to-equity ratio of 0.71. The company has a market capitalization of $2.92 billion, a P/E ratio of 12.77 and a beta of 0.81. The stock has a 50 day moving average price of $28.11 and a 200-day moving average price of $31.10. First Interstate BancSystem has a 52-week low of $22.95 and a 52-week high of $36.77.

First Interstate BancSystem Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, February 20th. Shareholders of record on Monday, February 10th were issued a $0.47 dividend. The ex-dividend date was Monday, February 10th. This represents a $1.88 annualized dividend and a yield of 6.73%. First Interstate BancSystem's dividend payout ratio (DPR) is presently 85.84%.

Analyst Ratings Changes

A number of equities research analysts have recently commented on FIBK shares. Piper Sandler lowered their price objective on First Interstate BancSystem from $42.00 to $41.00 and set an "overweight" rating for the company in a research report on Monday, February 3rd. Barclays lowered their price target on First Interstate BancSystem from $31.00 to $28.00 and set an "underweight" rating for the company in a report on Tuesday, April 8th. Wells Fargo & Company cut their price objective on shares of First Interstate BancSystem from $30.00 to $25.00 and set an "underweight" rating on the stock in a report on Wednesday, April 9th. DA Davidson restated a "buy" rating and issued a $42.00 target price on shares of First Interstate BancSystem in a report on Thursday, January 30th. Finally, StockNews.com raised shares of First Interstate BancSystem from a "sell" rating to a "hold" rating in a research note on Monday, March 3rd. Two analysts have rated the stock with a sell rating, three have assigned a hold rating and three have assigned a buy rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of "Hold" and a consensus price target of $35.00.

Insider Transactions at First Interstate BancSystem

In other First Interstate BancSystem news, Director John M. Heyneman, Jr. sold 1,335 shares of the business's stock in a transaction dated Friday, February 14th. The stock was sold at an average price of $32.56, for a total transaction of $43,467.60. Following the transaction, the director now owns 1,414,886 shares in the company, valued at $46,068,688.16. The trade was a 0.09 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Company insiders own 6.90% of the company's stock.

First Interstate BancSystem Company Profile

First Interstate BancSystem, Inc operates as the bank holding company for First Interstate Bank that provides range of banking products and services in the United States. It offers various traditional depository products, including checking, savings, and time deposits; and repurchase agreements primarily for commercial and municipal depositors.