First Interstate BancSystem (FIBK) Projected to Post Earnings on Thursday

First Interstate BancSystem (NASDAQ:FIBKGet Free Report) is expected to be issuing its Q2 2026 results after the market closes on Thursday, July 23rd. Analysts expect First Interstate BancSystem to post earnings of $0.64 per share and revenue of $249.32 million for the quarter. Investors are encouraged to explore the company’s upcoming Q2 2026 earning report page for the latest details on the call scheduled for Friday, July 24, 2026 at 9:30 AM ET.

First Interstate BancSystem (NASDAQ:FIBKGet Free Report) last issued its earnings results on Wednesday, April 29th. The financial services provider reported $0.61 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.60 by $0.01. The business had revenue of $5.10 million during the quarter, compared to analysts’ expectations of $242.78 million. First Interstate BancSystem had a return on equity of 9.13% and a net margin of 22.64%.During the same period in the prior year, the firm posted $0.49 EPS. 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 Price Performance

First Interstate BancSystem stock opened at $38.97 on Wednesday. The business has a 50 day simple moving average of $36.93 and a 200 day simple moving average of $35.96. The company has a debt-to-equity ratio of 0.09, a current ratio of 0.70 and a quick ratio of 0.70. The company has a market capitalization of $3.79 billion, a PE ratio of 12.69 and a beta of 0.76. First Interstate BancSystem has a one year low of $27.60 and a one year high of $40.60.

First Interstate BancSystem Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, May 21st. Shareholders of record on Monday, May 11th were paid a dividend of $0.47 per share. This represents a $1.88 annualized dividend and a yield of 4.8%. The ex-dividend date was Monday, May 11th. First Interstate BancSystem’s dividend payout ratio is currently 61.24%.

Insiders Place Their Bets

In other news, major shareholder Julie A. Scott sold 15,000 shares of the firm’s stock in a transaction on Thursday, June 18th. The stock was sold at an average price of $35.97, for a total value of $539,550.00. Following the completion of the sale, the insider directly owned 488,359 shares in the company, valued at approximately $17,566,273.23. This trade represents a 2.98% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. Also, major shareholder Jonathan R. Scott sold 12,892 shares of the company’s stock in a transaction dated Thursday, June 4th. The stock was sold at an average price of $35.58, for a total transaction of $458,697.36. Following the transaction, the insider owned 866,628 shares in the company, valued at approximately $30,834,624.24. This trade represents a 1.47% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders sold 32,392 shares of company stock worth $1,161,552. Insiders own 8.00% of the company’s stock.

Hedge Funds Weigh In On First Interstate BancSystem

Institutional investors have recently modified their holdings of the stock. Inspire Advisors LLC acquired a new position in shares of First Interstate BancSystem during the fourth quarter worth approximately $266,000. Vise Technologies Inc. acquired a new stake in shares of First Interstate BancSystem in the fourth quarter valued at approximately $249,000. Cetera Investment Advisers acquired a new stake in shares of First Interstate BancSystem in the fourth quarter valued at approximately $248,000. BNP Paribas Financial Markets raised its position in First Interstate BancSystem by 72.2% in the 2nd quarter. BNP Paribas Financial Markets now owns 8,290 shares of the financial services provider’s stock worth $239,000 after purchasing an additional 3,476 shares during the last quarter. Finally, Dynamic Technology Lab Private Ltd bought a new position in First Interstate BancSystem in the 1st quarter worth approximately $238,000. 88.71% of the stock is owned by institutional investors.

Analysts Set New Price Targets

A number of research analysts have issued reports on the company. DA Davidson cut First Interstate BancSystem from a “buy” rating to a “neutral” rating and cut their price objective for the company from $41.00 to $39.00 in a report on Wednesday, May 27th. Keefe, Bruyette & Woods reaffirmed a “market perform” rating and issued a $37.00 target price (down from $38.00) on shares of First Interstate BancSystem in a report on Friday, May 1st. Wall Street Zen upgraded shares of First Interstate BancSystem from a “strong sell” rating to a “sell” rating in a research report on Monday, June 22nd. Weiss Ratings raised shares of First Interstate BancSystem from a “buy (b-)” rating to a “buy (b)” rating in a report on Wednesday, July 1st. Finally, Barclays boosted their price target on shares of First Interstate BancSystem from $36.00 to $38.00 and gave the company an “equal weight” rating in a research report on Tuesday, July 7th. Two investment analysts have rated the stock with a Buy rating, four have given a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat, First Interstate BancSystem presently has a consensus rating of “Hold” and an average target price of $37.33.

Check Out Our Latest Stock Report on First Interstate BancSystem

First Interstate BancSystem Company Profile

(Get Free Report)

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.

See Also

Earnings History for First Interstate BancSystem (NASDAQ:FIBK)

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