First Interstate BancSystemFIBK
About: First Interstate BancSystem Inc is a financial holding company. It is the parent company of First Interstate Bank, a community bank offering a range of internet, mobile, and other banking and financial services throughout Idaho, Montana, Oregon, South Dakota, Washington, and Wyoming. It delivers a range of financial products and services to both retail and commercial customers in industries like agriculture, construction, education, energy, governmental services, healthcare, mining, professional services, retail, tourism, and wholesale trade. It generates majority of income from interest charged on loans, and interest and dividends earned on investments.
Employees: 3,585
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
364% more call options, than puts
Call options by funds: $552K | Put options by funds: $119K
95% more first-time investments, than exits
New positions opened: 43 | Existing positions closed: 22
8% more funds holding
Funds holding: 217 [Q2] → 235 (+18) [Q3]
8% more capital invested
Capital invested by funds: $2.39B [Q2] → $2.58B (+$183M) [Q3]
4% more repeat investments, than reductions
Existing positions increased: 78 | Existing positions reduced: 75
0% more funds holding in top 10
Funds holding in top 10: 4 [Q2] → 4 (+0) [Q3]
2.3% less ownership
Funds ownership: 82.54% [Q2] → 80.24% (-2.3%) [Q3]
Research analyst outlook
6 Wall Street Analysts provided 1 year price targets over the past 3 months
6 analyst ratings
Wells Fargo Timur Braziler 50% 1-year accuracy 14 / 28 met price target | 5%downside $29 | Underweight Maintained | 6 Jan 2025 |
UBS Nicholas Holowko 38% 1-year accuracy 3 / 8 met price target | 15%upside $35 | Neutral Assumed | 17 Dec 2024 |
Barclays Jared Shaw 69% 1-year accuracy 48 / 70 met price target | 2%upside $31 | Underweight Maintained | 5 Dec 2024 |
Keefe, Bruyette & Woods Christopher Mcgratty 78% 1-year accuracy 14 / 18 met price target | 18%upside $36 | Market Perform Maintained | 4 Dec 2024 |
DA Davidson Jeff Rulis 54% 1-year accuracy 7 / 13 met price target | 38%upside $42 | Buy Upgraded | 26 Nov 2024 |
Financial journalist opinion
Based on 3 articles about FIBK published over the past 30 days