Barclays Has Lowered Expectations for First Interstate BancSystem (NASDAQ:FIBK) Stock Price

First Interstate BancSystem (NASDAQ:FIBK) had its price target reduced by equities research analysts at Barclays from $38.00 to $36.00 in a research note issued on Friday,Benzinga reports. The brokerage currently has an “equal weight” rating on the financial services provider’s stock. Barclays‘s price objective points to a potential upside of 1.49% from the company’s current price.

FIBK has been the subject of a number of other reports. UBS Group reissued a “neutral” rating and issued a $37.00 price target on shares of First Interstate BancSystem in a report on Tuesday, January 6th. Weiss Ratings reiterated a “hold (c+)” rating on shares of First Interstate BancSystem in a report on Monday, December 29th. DA Davidson restated a “buy” rating and set a $42.00 target price on shares of First Interstate BancSystem in a report on Thursday. Keefe, Bruyette & Woods lifted their price target on shares of First Interstate BancSystem from $37.00 to $39.00 and gave the stock an “outperform” rating in a research report on Wednesday, December 17th. Finally, Wall Street Zen downgraded First Interstate BancSystem from a “hold” rating to a “sell” rating in a research report on Friday, November 28th. Three equities research analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target of $37.50.

First Interstate BancSystem Stock Performance

FIBK opened at $35.47 on Friday. The business has a 50 day moving average price of $35.48 and a two-hundred day moving average price of $32.75. The company has a debt-to-equity ratio of 0.09, a current ratio of 0.73 and a quick ratio of 0.73. The company has a market capitalization of $3.65 billion, a price-to-earnings ratio of 12.02 and a beta of 0.80. First Interstate BancSystem has a 1-year low of $22.95 and a 1-year high of $38.78.

First Interstate BancSystem (NASDAQ:FIBK) last posted its quarterly earnings data on Wednesday, January 28th. The financial services provider reported $1.08 EPS for the quarter, topping analysts’ consensus estimates of $0.64 by $0.44. The company had revenue of $205.10 million for the quarter, compared to the consensus estimate of $256.89 million. First Interstate BancSystem had a return on equity of 8.83% and a net margin of 17.62%.The company’s quarterly revenue was up 19.8% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.50 EPS. Research analysts predict that First Interstate BancSystem will post 2.53 EPS for the current fiscal year.

Insiders Place Their Bets

In other First Interstate BancSystem news, major shareholder Susan Scott Heyneman Trust, Su sold 10,000 shares of the stock in a transaction that occurred on Monday, December 1st. The shares were sold at an average price of $32.75, for a total value of $327,500.00. Following the completion of the sale, the insider owned 224,460 shares in the company, valued at $7,351,065. This represents a 4.27% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, major shareholder Jonathan R. Scott sold 1,827 shares of First Interstate BancSystem stock in a transaction on Tuesday, January 6th. The shares were sold at an average price of $36.92, for a total transaction of $67,452.84. Following the sale, the insider directly owned 936,024 shares of the company’s stock, valued at $34,558,006.08. This trade represents a 0.19% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders sold 60,232 shares of company stock worth $1,914,116. 8.20% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of the company. AQR Capital Management LLC raised its stake in shares of First Interstate BancSystem by 37.2% during the 1st quarter. AQR Capital Management LLC now owns 67,214 shares of the financial services provider’s stock worth $1,926,000 after purchasing an additional 18,210 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its holdings in First Interstate BancSystem by 4.6% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 47,230 shares of the financial services provider’s stock worth $1,353,000 after buying an additional 2,070 shares during the last quarter. Dynamic Technology Lab Private Ltd bought a new position in First Interstate BancSystem during the first quarter valued at approximately $238,000. Jones Financial Companies Lllp lifted its stake in First Interstate BancSystem by 24,352.5% in the first quarter. Jones Financial Companies Lllp now owns 24,697 shares of the financial services provider’s stock valued at $708,000 after acquiring an additional 24,596 shares during the last quarter. Finally, Jane Street Group LLC bought a new stake in First Interstate BancSystem in the first quarter worth approximately $5,125,000. Hedge funds and other institutional investors own 88.71% of the company’s stock.

Key Headlines Impacting First Interstate BancSystem

Here are the key news stories impacting First Interstate BancSystem this week:

• Positive Sentiment: Q4 earnings beat: reported EPS $1.08 vs. ~$0.64 consensus, a sizable beat that drove the upbeat tone in results; revenue commentary is mixed across outlets but earnings momentum is clear. Zacks: Q4 Earnings
• Positive Sentiment: Management expects sequential net interest margin (NIM) improvement and is accelerating branch optimization and share repurchases—these initiatives support margin recovery and EPS growth over 2026. MSN: NIM & Strategy
• Positive Sentiment: Shareholder returns: the board announced a quarterly dividend of $0.47 (annualized yield ~5.3%), with an ex-dividend date of Feb 10, which increases income appeal for yield-focused holders.
• Positive Sentiment: Analyst support persists: DA Davidson reaffirmed a “Buy” rating with a $42 price target, signaling meaningful upside from current levels. American Banking News: DA Davidson
• Neutral Sentiment: Earnings call materials available — the transcript and slide deck provide detail on restructuring, branch rationalization and capital deployment plans for 2026; these give investors visibility but require monitoring execution. Seeking Alpha: Transcript Seeking Alpha: Presentation
• Negative Sentiment: Barclays downgraded the outlook by trimming its price target from $38 to $36 and moving to an “Equal Weight” stance, which reduces analyst-driven upside and likely contributed to selling pressure. Benzinga: Barclays PT Cut

About First Interstate BancSystem

First Interstate BancSystem, Inc is a bank holding company headquartered in Billings, Montana. Through its principal subsidiary, First Interstate Bank, the company provides a full range of commercial and consumer banking services. Its offerings include business lending, commercial real estate financing, agricultural loans, residential mortgage products, and deposit accounts suitable for individuals, small businesses, and large corporations.

The company traces its roots back to the late 1960s and has grown through a combination of organic expansion and strategic acquisitions across the Western United States.