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First Interstate Bancsystem Inc. (FIBK) Stock Fundamental Analysis & AI Rating 2026

FIBK Nasdaq State Commercial Banks DE CIK: 0000860413
Recently Updated • Analysis: May 8, 2026 • SEC Data: 2026-03-31
Combined AI Rating
HOLD
78% Confidence
NEUTRAL
SELL
82% Conf
BUY
74% Conf

📊 FIBK Key Takeaways

Revenue: $271.3M
Net Margin: 22.2%
Free Cash Flow: $55.0M
Current Ratio: N/A
Debt/Equity: 0.04x
EPS: $0.61
AI Rating: SELL with 82% confidence
First Interstate Bancsystem Inc. (FIBK) receives a HOLD rating with 78% confidence from our AI fundamental analysis based on SEC 10-K filings. With revenue of $271.3M, net profit margin of 22.2%, and return on equity (ROE) of 1.8%, First Interstate Bancsystem Inc. demonstrates mixed fundamentals in the Finance sector. Below is our complete FIBK stock analysis for 2026.

Is First Interstate Bancsystem Inc. (FIBK) a Good Investment?

Claude

While First Interstate BancSystem demonstrates strong topline growth (42.7% revenue, 34.2% EPS growth) with excellent operating margins (28.6%), the bank's capital efficiency is critically impaired with ROE of 1.8% and ROA of 0.2%—far below acceptable banking standards. The combination of deteriorating returns on capital, concerning interest coverage of 0.2x, and massive asset base ($26.4B) generating minimal shareholder value indicates severe operational or market headwinds that growth alone cannot offset.

ChatGPT

First Interstate BancSystem shows strong recent fundamental momentum, with revenue up 42.7%, net income up 33.7%, and diluted EPS up 34.2% year over year. Profitability is solid for a bank, supported by a 25.6% net margin, 1.1% ROA, and healthy operating cash flow generation, while leverage appears conservative based on reported long-term debt. The main limitation is that returns on equity are only moderate and interest coverage is thin, which tempers an otherwise strong operating profile.

Why Buy First Interstate Bancsystem Inc. Stock? FIBK Key Strengths

Claude
  • + Strong revenue growth of 42.7% YoY with net income growth of 33.7% YoY
  • + Excellent net margin of 22.2% and operating margin of 28.6%
  • + Fortress balance sheet with minimal leverage (Debt/Equity 0.04x) and $1.2B cash
  • + Solid free cash flow generation of $55M with 20.3% FCF margin
ChatGPT
  • + Strong year-over-year growth in revenue, net income, and diluted EPS
  • + Solid profitability with 33.3% operating margin and 25.6% net margin
  • + Healthy balance sheet profile with $3.45B equity, $1.31B cash, and very low reported long-term debt

FIBK Stock Risks: First Interstate Bancsystem Inc. Investment Risks

Claude
  • ! Critically low return on equity (1.8%) and return on assets (0.2%) indicating severe capital inefficiency
  • ! Dangerous interest coverage ratio of 0.2x suggesting operating income cannot service debt obligations
  • ! Massive $26.4B asset base generating minimal returns despite growth—potential asset quality, loan loss, or structural profitability issues
  • ! Deteriorating shareholder value creation despite strong headline growth numbers
ChatGPT
  • ! ROE of 8.8% is acceptable but not especially strong relative to the earnings growth profile
  • ! Interest coverage of 1.1x suggests limited cushion if funding costs or interest expense rise
  • ! As a commercial bank, future results remain sensitive to credit quality deterioration, deposit pressure, and margin compression

Key Metrics to Watch

Claude
  • * Return on Equity trending—1.8% is unsustainable for banking sector
  • * Interest coverage ratio improvement—0.2x is critical and requires immediate remediation
  • * Net Interest Margin and asset quality ratios to diagnose profitability deterioration
ChatGPT
  • * Net interest margin and interest coverage
  • * ROE, ROA, and credit quality trends

First Interstate Bancsystem Inc. (FIBK) Financial Metrics & Key Ratios

Revenue
$271.3M
Net Income
$60.2M
EPS (Diluted)
$0.61
Free Cash Flow
$55.0M
Total Assets
$26.4B
Cash Position
$1.2B

💡 AI Analyst Insight

The 20.3% free cash flow margin provides substantial flexibility for dividends, buybacks, and strategic investments. The current ratio below 1.0x warrants monitoring of short-term liquidity.

FIBK Profit Margin, ROE & Profitability Analysis

Gross Margin N/A
Operating Margin 28.6%
Net Margin 22.2%
ROE 1.8%
ROA 0.2%
FCF Margin 20.3%

FIBK vs Finance Sector: How First Interstate Bancsystem Inc. Compares

How First Interstate Bancsystem Inc. compares to Finance sector averages

Net Margin
FIBK 22.2%
vs
Sector Avg 25.0%
FIBK Sector
ROE
FIBK 1.8%
vs
Sector Avg 12.0%
FIBK Sector
Current Ratio
FIBK 0.0x
vs
Sector Avg 1.2x
FIBK Sector
Debt/Equity
FIBK 0.0x
vs
Sector Avg 2.0x
FIBK Sector

Sector benchmarks are approximate industry averages. Actual sector performance may vary.

Is First Interstate Bancsystem Inc. Stock Overvalued? FIBK Valuation Analysis 2026

Based on fundamental analysis, First Interstate Bancsystem Inc. has mixed fundamental signals relative to the Finance sector in 2026.

Return on Equity
1.8%
Sector avg: 12%
Net Profit Margin
22.2%
Sector avg: 25%
Revenue Growth
N/A
Year-over-year
Debt/Equity
0.04x
Sector avg: 2x

Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.

First Interstate Bancsystem Inc. Balance Sheet: FIBK Debt, Cash & Liquidity

Current Ratio
N/A
Quick Ratio
N/A
Debt/Equity
0.04x
Debt/Assets
87.3%
Interest Coverage
0.21x
Long-term Debt
$146.3M

FIBK Revenue & Earnings Growth: 5-Year Financial Trend

FIBK 5-year financial data:
Revenue
Net Income
EPS (right axis)

5-Year Trend Summary: First Interstate Bancsystem Inc.'s revenue has remained relatively flat over the 5-year period, with a 0% decline. The most recent EPS of $2.48 reflects profitable operations.

FIBK Revenue Growth, EPS Growth & YoY Performance

Revenue Growth
N/A
Year-over-year
Net Income Growth
N/A
Year-over-year
EPS Growth
N/A
Earnings per share
FCF Margin
20.3%
Free cash flow / Revenue

First Interstate Bancsystem Inc. Dividends, Buybacks & Capital Allocation

Operating Cash Flow
$55.0M
Cash generated from operations
Stock Buybacks
$87.7M
Shares repurchased (TTM)
Dividends Paid
$45.7M
Returned to shareholders

FIBK SEC Filings: Latest 10-K & 10-Q Analysis

Access official SEC EDGAR filings for First Interstate Bancsystem Inc. (CIK: 0000860413)

📋 Recent SEC Filings

Date Form Document Action
May 7, 2026 10-Q fibk-20260331.htm View →
May 1, 2026 4 xslF345X06/ownership.xml View →
Apr 29, 2026 8-K fibk-20260429.htm View →
Apr 16, 2026 DEF 14A fibk-20260415.htm View →
Mar 27, 2026 4 xslF345X06/ownership.xml View →

Frequently Asked Questions about FIBK

What is the AI rating for FIBK?

First Interstate Bancsystem Inc. (FIBK) has a Combined AI Rating of HOLD from Claude (SELL) and ChatGPT (BUY) with 78% combined confidence, based on fundamental analysis of SEC EDGAR filings.

What are FIBK's key strengths?

Claude: Strong revenue growth of 42.7% YoY with net income growth of 33.7% YoY. Excellent net margin of 22.2% and operating margin of 28.6%. ChatGPT: Strong year-over-year growth in revenue, net income, and diluted EPS. Solid profitability with 33.3% operating margin and 25.6% net margin.

What are the risks of investing in FIBK?

Claude: Critically low return on equity (1.8%) and return on assets (0.2%) indicating severe capital inefficiency. Dangerous interest coverage ratio of 0.2x suggesting operating income cannot service debt obligations. ChatGPT: ROE of 8.8% is acceptable but not especially strong relative to the earnings growth profile. Interest coverage of 1.1x suggests limited cushion if funding costs or interest expense rise.

What is FIBK's revenue and growth?

First Interstate Bancsystem Inc. reported revenue of $271.3M.

Does FIBK pay dividends?

First Interstate Bancsystem Inc. pays dividends, with $45.7M distributed to shareholders in the trailing twelve months.

Where can I find FIBK SEC filings?

Official SEC filings for First Interstate Bancsystem Inc. (CIK: 0000860413) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.

What is FIBK's EPS?

First Interstate Bancsystem Inc. has a diluted EPS of $0.61.

How is the AI analysis conducted?

Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined rating reflects both perspectives for balanced insights.

Is FIBK a good stock to buy right now?

Based on our AI fundamental analysis in May 2026, First Interstate Bancsystem Inc. has a HOLD rating with 78% confidence. Review the strengths and risks sections above before making a decision. This is not investment advice.

Is FIBK stock overvalued or undervalued?

Valuation metrics for FIBK: ROE of 1.8% (sector avg: 12%), net margin of 22.2% (sector avg: 25%). Compare these metrics with sector averages to assess valuation.

Should I buy FIBK stock in 2026?

Our dual AI analysis gives First Interstate Bancsystem Inc. a combined HOLD rating for 2026. Revenue is data pending, with profitability at or below sector average. Always conduct your own research.

What is FIBK's free cash flow?

First Interstate Bancsystem Inc.'s operating cash flow is $55.0M, with capital expenditures of N/A. FCF margin is 20.3%.

How does FIBK compare to other Finance stocks?

Vs Finance sector averages: Net margin 22.2% (avg: 25%), ROE 1.8% (avg: 12%), current ratio N/A (avg: 1.2).

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Disclaimer: This analysis is generated by Claude AI (Anthropic) and ChatGPT (OpenAI) based on publicly available SEC EDGAR filings. It does not include stock price data and should not be considered financial advice. All fundamental data is sourced from SEC public domain filings. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.
Data Source: SEC EDGAR | Analysis Date: May 8, 2026 | Data as of: 2026-03-31 | Powered by Claude AI