First Interstate BancSystem Financials and Stock Price Outlook

First Interstate BancSystem is a significant player in the financial industry, and understanding its financials and stock price outlook is crucial for investors and stakeholders. The company's market capitalization is around $3.3 billion.

First Interstate BancSystem's revenue has been steadily increasing over the years, with a notable jump in 2022. The company's net income has also seen a significant improvement, reaching $134 million in 2022.

The bank's financial health is solid, with a strong capital position and a low debt-to-equity ratio. This stability is reflected in the company's stock price, which has been relatively stable over the past year.

First Interstate BancSystem's stock has seen some fluctuations in value over the past year, with a current share price of US$30.47. This is a slight decrease from its 52 Week High of US$36.77.

In the past three months, the stock has experienced a significant drop of 13.80%, but over the past year, it has seen a 15.42% increase in value. This is a notable contrast to the 1 Month Change of -6.51%.

Here's a breakdown of the stock's performance over different time periods:

In comparison to the US Banks industry, First Interstate BancSystem has underperformed, with a 1 Year Change of 15.4% compared to 33.1%. Similarly, it has also underperformed the US Market, with a 1 Year Change of 15.4% compared to 17.8%.

FIBK's current share price is a notable $30.47.

The 52-week high for FIBK stock was $36.77, while the 52-week low was $24.16.

FIBK's beta is a relatively stable 0.84, indicating a lower volatility compared to the market.

The stock has experienced a significant 1-month change of -6.51%, a 3-month change of -13.80%, and a 1-year change of 15.42%.

Over the past 3 years, FIBK's stock has changed by -20.09%, and over the past 5 years, it has changed by -10.65%.

Since its IPO, FIBK's stock has seen a remarkable 94.08% change.

Here's a quick summary of FIBK's price history:

When comparing a company's stock performance to the S&P, we can see some interesting trends.

In the past year, FIBK's stock return of +33.34% significantly outperformed the S&P's return of +23.12%.

Over the past five years, the S&P has seen a return of +87.27%, while FIBK's return has been +12.78%.

Looking at the five-year annualized return, the S&P has a much higher rate of +13.35%, compared to FIBK's +2.43%.

Since the IPO, FIBK's stock has returned +268%, while the S&P has returned +417%.

When evaluating the stock performance of First Interstate Bancsystem after its acquisition, consider the significant increase in assets it will bring. The bank will add $13 billion of assets to its portfolio.

This acquisition will give the bank a stronger presence in the Western region, which could lead to increased market share and revenue.

The bank's stock may be attractive to investors looking for a regional bank with a growing presence.

However, investors should carefully review the bank's financials and consider the potential risks associated with the acquisition.

First Interstate BancSystem has reported strong earnings in recent quarters.

The company's Q1 2022 earnings call showed a period ending March 31, 2022, with notable financial performance.

First Interstate BancSystem's net income for Q1 2022 was impressive, reflecting the bank's stable financial foundation.

In Q3 2021, the company's earnings call highlighted a period ending September 30, 2021, with significant growth in key areas.

First Interstate BancSystem's total assets stood at a substantial amount in Q3 2021, indicating a strong financial position.

The Q2 2021 earnings call for First Interstate BancSystem revealed a period ending June 30, 2021, with notable financial metrics.

First Interstate BancSystem's net interest income for Q2 2021 was robust, reflecting the bank's successful lending strategies.

First Interstate BancSystem reported its Q2 2022 earnings, with the period ending June 30, 2022. The earnings call was a significant event in the company's financial history.

The company's financial performance was a key focus during the Q2 2022 earnings call. Revenue and net income were likely discussed.

First Interstate BancSystem's Q2 2022 earnings call was a crucial moment for investors and stakeholders. The company's financial health was under scrutiny.

The period ending June 30, 2022, marked the end of the company's second quarter. Financial results for this period were likely presented during the earnings call.

A company's exposure to different material ESG issues is a crucial aspect of its overall financial health.

Our exposure score takes into consideration subindustry and company-specific factors such as its business model.

Exposure can have a significant impact on a company's ability to adapt to changing market conditions.

First Interstate BancSystem, Inc.'s exposure is classified as Medium, indicating a moderate level of vulnerability to ESG issues.

Companies with high exposure scores may face challenges in maintaining their competitive edge and staying ahead of the curve.

First Interstate BancSystem's management of ESG material risk is considered Average.

The company's management score assesses the robustness of its ESG programs, practices, and policies.

First Interstate's acquisition of Great Western marks a significant shift in its business strategy, with CEO Kevin Riley calling it a "transformative moment." The combined bank will have over $32 billion in assets, making it roughly the 63rd-largest bank in the US.

The deal gives First Interstate access to eight new states, expanding its footprint beyond Montana, Idaho, Washington, Oregon, Wyoming, and South Dakota. This expansion will provide new growth opportunities for the bank.

Great Western shareholders will receive a 24.7% premium from Wednesday's closing price for their shares, with each share exchanging for 0.8425 shares of First Interstate stock.

In the banking industry, ESG (Environmental, Social, and Governance) risk ratings play a significant role in evaluating a company's overall health and sustainability.

First Hawaiian, Inc. has an ESG risk rating of 22.5, ranking 357 out of 1023 companies in its industry.

Community Financial System, Inc. and First BanCorp (Puerto Rico) both have medium ESG risk ratings, with ratings of 24.5 and 25.2, respectively. These ratings correspond to rankings of 428 and 472 out of 1023 companies in their industry.

Atlantic Union Bankshares Corp. has a higher ESG risk rating of 29.3, ranking 694 out of 1023 companies in its industry.

First Interstate BancSystem, Inc. has the highest ESG risk rating among the companies listed, with a rating of 31 and a ranking of 810 out of 1023 companies in its industry.

First Interstate's acquisition of Great Western marks a significant milestone for the bank, being its first deal since the COVID-19 pandemic began.

The combined bank would have over $32 billion in assets, making it the 63rd-largest bank in the US. This acquisition represents the largest deal for First Interstate.

First Interstate's CEO Kevin Riley called the acquisition "a transformative moment", highlighting the bank's focus on community banking and relationship building. This focus is expected to remain unchanged after the merger.

The combined entity would have a significant presence in eight new states, expanding First Interstate's footprint beyond its current six-state region. This expansion would give the bank access to attractive markets with good growth opportunities.

Great Western's CEO Mark Borrecco is expected to become the combined entity's chief banking officer, overseeing the bank's operations and strategy.