OverviewSuggest Edit

First Interstate BancSystem operates as the bank holding company for First Interstate Bank that provides a range of banking products and services. It offers a variety of deposit products and a portfolio of lending products. It also provides trust, employee benefit, investment management, insurance, agency, and custodial services, management of investment accounts and insurance planning. In addition, the Company offers Internet and mobile banking services.

TypePublic
Founded1968
HQBillings, US
Websitefirstinterstatebank.com
Employee Ratings3.2

Locations

First Interstate BancSystem is headquartered in
Billings, United States

Location Map

Latest Updates

Employees (est.) (Dec 2018)2,330(+6%)
Job Openings80
Revenue (FY, 2017)$519.5 M(+20%)
Share Price (Mar 2019)$42.2

First Interstate BancSystem Office Locations

First Interstate BancSystem has an office in Billings
Billings, US (HQ)
First Interstate Center, 401 N 31st St
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First Interstate BancSystem Financials and Metrics

First Interstate BancSystem Revenue

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First Interstate BancSystem's revenue was reported to be $519.53 m in FY, 2017
USD

EBIT (Q3, 2018)

108.0m

Market capitalization (18-Mar-2019)

2.6b

Closing stock price (18-Mar-2019)

42.2

Cash (31-Dec-2018)

822.0m

EV

1.8b
First Interstate BancSystem's current market capitalization is $2.6 b.
Annual
USDFY, 2015FY, 2016FY, 2017

Revenue

403.4m433.9m519.5m

Cost of goods sold

18.1m17.7m27.9m

Gross profit

385.3m416.3m491.6m

Gross profit Margin, %

96%96%95%
Quarterly
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017

Revenue

101.5m101.3m99.6m109.0m106.8m103.6m123.0m147.0m

Cost of goods sold

4.4m4.5m4.4m4.3m4.4m5.6m6.5m8.0m

Gross profit

97.1m96.8m95.2m104.6m102.5m98.0m116.5m139.1m

Gross profit Margin, %

96%96%96%96%96%95%95%95%
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Cash

534.8m798.7m780.5m782.0m759.0m822.0m

Accounts Receivable

26.5m27.1m27.7m2.3m

Inventories

Goodwill

183.7m205.6m204.5m212.8m444.7m546.7m
Quarterly
USDQ3, 2013Q3, 2014Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018

Cash

542.3m820.0m506.4m708.3m655.5m476.1m701.4m808.0m919.8m882.8m712.0m965.0m

Goodwill

183.7m204.6m204.4m204.4m204.5m204.5m212.8m212.8m444.3m445.0m

Total Assets

7.5b8.5b8.4b8.6b8.7b8.6b9.0b9.1b12.2b12.2b

Accounts Payable

6.1b7.0b6.8b7.0b7.1b7.0b7.3b7.3b10.0b9.9b
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Net Income

86.1m84.4m86.8m95.6m106.5m160.2m

Depreciation and Amortization

16.2m16.9m18.3m19.5m18.4m27.6m

Inventories

Accounts Payable

(1.5m)(64.2m)
Quarterly
USDQ3, 2013Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017

Net Income

65.4m42.5m61.6m21.0m43.2m63.4m20.1m45.7m70.9m23.1m45.0m72.3m

Depreciation and Amortization

12.3m7.8m12.2m4.5m9.1m13.7m4.7m9.5m14.5m4.6m9.7m17.9m

Accounts Payable

(1.1m)353.0k22.0k(720.0k)(467.0k)(639.0k)224.0k687.0k646.0k(590.0k)3.5m62.9m

Cash From Operating Activities

110.7m30.3m64.2m(1.4m)28.2m61.9m20.2m36.9m79.1m73.0m88.6m94.7m
USDY, 2018

EV/EBIT

16.2 x

EV/CFO

7.9 x

Financial Leverage

7.9 x
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First Interstate BancSystem Operating Metrics

First Interstate BancSystem's Total Loans was reported to be $7.6b in Q2, 2017.
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First Interstate BancSystem Online and Social Media Presence

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First Interstate BancSystem Frequently Asked Questions

  • When was First Interstate BancSystem founded?

    First Interstate BancSystem was founded in 1968.

  • How many employees does First Interstate BancSystem have?

    First Interstate BancSystem has 2,330 employees.

  • What is First Interstate BancSystem revenue?

    Latest First Interstate BancSystem annual revenue is $519.5 m.

  • What is First Interstate BancSystem revenue per employee?

    Latest First Interstate BancSystem revenue per employee is $223 k.

  • Who are First Interstate BancSystem competitors?

    Competitors of First Interstate BancSystem include Regions Financial, B. Riley Financial and Camden National.

  • Where is First Interstate BancSystem headquarters?

    First Interstate BancSystem headquarters is located at First Interstate Center, 401 N 31st St, Billings.

  • Where are First Interstate BancSystem offices?

    First Interstate BancSystem has an office in Billings.

  • How many offices does First Interstate BancSystem have?

    First Interstate BancSystem has 1 office.