How to buy First Interstate BancSystem stock | $42.62

First Interstate BancSystem, Inc is a banks-regional business based in the US. First Interstate BancSystem shares (FIBK) are listed on the NASDAQ and all prices are listed in US Dollars. First Interstate BancSystem employs 2,473 staff and has a trailing 12-month revenue of around USD$614.3 million.

How to buy shares in First Interstate BancSystem

1. Compare share trading platforms. If you're a beginner, look for a platform with low commissions, expert ratings and investment tools to track your portfolio. Narrow down top brands with our comparison table.
2. Open and fund your brokerage account. Complete an application with your personal and financial details, like your ID and bank information. Fund your account with a bank transfer, credit card or debit card.
3. Search for First Interstate BancSystem. Find the stock by name or ticker symbol: FIBK. Research its history to confirm it's a solid investment against your financial goals.
4. Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until First Interstate BancSystem reaches your desired price. To spread out your purchase, look into dollar-cost averaging, which smooths out buying at consistent intervals and amounts.
5. Decide on how many to buy. At last close price of USD$42.62, weigh your budget against a diversified portfolio that can minimize risk through the market's ups and downs. You may be able to buy a fractional share of First Interstate BancSystem, depending on your broker.
6. Check in on your investment. Congratulations, you own a part of First Interstate BancSystem. Optimize your portfolio by tracking how your stock — and even the business — performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that can affect your stock.

First Interstate BancSystem share price

Use our graph to track the performance of FIBK stocks over time.

First Interstate BancSystem shares at a glance

• Key figures

Information last updated 2020-12-27.

Latest market close	USD$42.62
52-week range	USD$23.686 - USD$41.37
50-day moving average	USD$39.5403
200-day moving average	USD$33.9222
Wall St. target price	USD$41.5
PE ratio	15.7597
Dividend yield	USD$1.52 (3.74%)
Earnings per share (TTM)	USD$2.58

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Is it a good time to buy First Interstate BancSystem stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

Technical Analysis of First Interstate BancSystem, Inc by TradingView

This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.

First Interstate BancSystem price performance over time

Historical closes compared with the close of $42.62 from 2021-01-11

1 week (2021-01-13)	0.16%
1 month (2020-12-18)	6.05%
3 months (2020-10-20)	18.95%
6 months (2020-07-20)	47.37%

1 year (2020-01-17)	3.65%
2 years (2019-01-18)	8.97%
3 years (2018-01-19)	0.05%
5 years (2016-01-20)	65.32%

Is First Interstate BancSystem under- or over-valued?

Valuing First Interstate BancSystem stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of First Interstate BancSystem's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

First Interstate BancSystem's P/E ratio

First Interstate BancSystem's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 16x. In other words, First Interstate BancSystem shares trade at around 16x recent earnings.

That's relatively low compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.

First Interstate BancSystem's PEG ratio

First Interstate BancSystem's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 1.84. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.

The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into First Interstate BancSystem's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.

First Interstate BancSystem financials

Revenue TTM	USD$614.3 million
Operating margin TTM	39.93%
Gross profit TTM	USD$631 million
Return on assets TTM	1.05%
Return on equity TTM	8.42%
Profit margin	27.14%
Book value	$31.333
Market capitalisation	USD$2.6 billion

TTM: trailing 12 months

Shorting First Interstate BancSystem shares

There are currently 1.7 million First Interstate BancSystem shares held short by investors – that's known as First Interstate BancSystem's "short interest". This figure is 10.2% up from 1.5 million last month.

There are a few different ways that this level of interest in shorting First Interstate BancSystem shares can be evaluated.

First Interstate BancSystem's "short interest ratio" (SIR)

First Interstate BancSystem's "short interest ratio" (SIR) is the quantity of First Interstate BancSystem shares currently shorted divided by the average quantity of First Interstate BancSystem shares traded daily (recently around 177738.80126183). First Interstate BancSystem's SIR currently stands at 9.51. In other words for every 100,000 First Interstate BancSystem shares traded daily on the market, roughly 9510 shares are currently held short.

However First Interstate BancSystem's short interest can also be evaluated against the total number of First Interstate BancSystem shares, or, against the total number of tradable First Interstate BancSystem shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case First Interstate BancSystem's short interest could be expressed as 0.03% of the outstanding shares (for every 100,000 First Interstate BancSystem shares in existence, roughly 30 shares are currently held short) or 0.0423% of the tradable shares (for every 100,000 tradable First Interstate BancSystem shares, roughly 42 shares are currently held short).

A SIR below 10% would generally be considered to indicate a fairly optimistic outlook for the share price, with fewer people currently willing to bet against First Interstate BancSystem.

Find out more about how you can short First Interstate BancSystem stock.

First Interstate BancSystem share dividends

Dividend payout ratio: 63.79% of net profits

Recently First Interstate BancSystem has paid out, on average, around 63.79% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 3.74% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), First Interstate BancSystem shareholders could enjoy a 3.74% return on their shares, in the form of dividend payments. In First Interstate BancSystem's case, that would currently equate to about $1.52 per share.

First Interstate BancSystem's payout ratio would broadly be considered high, and as such this stock could appeal to those looking to generate an income. Bear in mind however that companies should normally also look to re-invest a decent amount of net profits to ensure future growth.

First Interstate BancSystem's most recent dividend payout was on 16 November 2020. The latest dividend was paid out to all shareholders who bought their shares by 5 November 2020 (the "ex-dividend date").

First Interstate BancSystem share price volatility

Over the last 12 months, First Interstate BancSystem's shares have ranged in value from as little as $23.686 up to $41.37. A popular way to gauge a stock's volatility is its "beta".

Beta is a measure of a share's volatility in relation to the market. The market (NASDAQ average) beta is 1, while First Interstate BancSystem's is 1.1433. This would suggest that First Interstate BancSystem's shares are a little bit more volatile than the average for this exchange and represent, relatively-speaking, a slightly higher risk (but potentially also market-beating returns).

First Interstate BancSystem overview

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. Its deposit products include checking, savings, time, and demand deposits; and repurchase agreements primarily for commercial and municipal depositors. The company's loan portfolio consists of real estate loans, including commercial real estate, construction, residential, agricultural, and other real estate loans; consumer loans; commercial loans; and other loans, including fixed and variable rate loans. It also provides a range of trust, employee benefit, investment management, insurance, agency, and custodial services to individuals, businesses, and nonprofit organizations, which include the administration of estates and personal trusts; management of investment accounts for individuals, employee benefit plans, and charitable foundations; and insurance planning. In addition, the company offers marketing, credit review, credit cards, mortgage loan sales and servicing, indirect consumer loan purchasing and processing, loan collection services, and Internet and mobile banking services. It serves individuals, businesses, municipalities, and other entities in various industries, including agriculture, construction, energy, healthcare and professional services, education, governmental services, mining, technology, retail and wholesale trade, and tourism. The company operates 152 banking offices located in Idaho, Montana, Oregon, South Dakota, Washington, and Wyoming. First Interstate BancSystem, Inc. was incorporated in 1971 and is headquartered in Billings, Montana.

Frequently asked questions

• What percentage of First Interstate BancSystem is owned by insiders or institutions?

  Currently 1.438% of First Interstate BancSystem shares are held by insiders and 79.75% by institutions.

• How many people work for First Interstate BancSystem?

  Latest data suggests 2,473 work at First Interstate BancSystem.

• When does the fiscal year end for First Interstate BancSystem?

  First Interstate BancSystem's fiscal year ends in December.

• Where is First Interstate BancSystem based?

  First Interstate BancSystem's address is: 401 North 31st Street, Billings, MT, United States, 59116-0918

• What is First Interstate BancSystem's ISIN number?

  First Interstate BancSystem's international securities identification number is: US32055Y2019

• What is First Interstate BancSystem's CUSIP number?

  First Interstate BancSystem's Committee on Uniform Securities Identification Procedures number is: 32055Y201