First Interstate BancSystem (FIBK) Expected to Announce Quarterly Earnings on Tuesday

First Interstate BancSystem (NASDAQ:FIBK) is expected to be releasing its Q1 2025 earnings data 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) last announced its earnings results on Wednesday, January 29th. The financial services provider reported $0.50 earnings per share for the quarter, beating the consensus estimate 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 Stock Performance

First Interstate BancSystem stock opened at $28.00 on Friday. First Interstate BancSystem has a 12-month low of $22.95 and a 12-month high of $36.77. The company has a debt-to-equity ratio of 0.71, a current ratio of 0.78 and a quick ratio of 0.78. The company has a market capitalization of $2.93 billion, a price-to-earnings ratio of 12.79 and a beta of 0.81. The firm’s fifty day moving average price is $28.01 and its 200 day moving average price is $31.10.

First Interstate BancSystem Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, February 20th. Stockholders of record on Monday, February 10th were given a dividend of $0.47 per share. This represents a $1.88 dividend on an annualized basis and a dividend yield of 6.71%. The ex-dividend date of this dividend was Monday, February 10th. First Interstate BancSystem’s payout ratio is 85.84%.

Insider Activity

In related news, Director John M. Heyneman, Jr. sold 1,335 shares of the business’s stock in a transaction that occurred on Friday, February 14th. The stock was sold at an average price of $32.56, for a total transaction of $43,467.60. Following the completion of 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 position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Company insiders own 8.20% of the company’s stock.

Analysts Set New Price Targets

FIBK has been the subject of a number of recent analyst reports. StockNews.com upgraded First Interstate BancSystem from a “sell” rating to a “hold” rating in a research note on Monday, March 3rd. DA Davidson reissued a “buy” rating and set a $42.00 price target on shares of First Interstate BancSystem in a research report on Thursday, January 30th. Piper Sandler dropped their price target on shares of First Interstate BancSystem from $42.00 to $41.00 and set an “overweight” rating for the company in a research note on Monday, February 3rd. Wells Fargo & Company reduced 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 research note on Wednesday, April 9th. Finally, Stephens dropped their target price on shares of First Interstate BancSystem from $39.00 to $38.00 and set an “overweight” rating for the company in a research report on Friday, January 31st. Two investment analysts have rated the stock with a sell rating, three have given a hold rating and three have issued a buy rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and an average target price of $35.00.

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.