First Interstate BancSystem (NASDAQ:FIBK) Stock Bumped Down to Sell by Wall Street Zen

Posted by Francis Steltz on Oct 25th, 2026

Wall Street Zen downgraded shares of First Interstate BancSystem (NASDAQ:FIBK – Free Report) from a hold rating to a sell rating in a research report report published on Saturday,Wall Street Zen reports.

Several other equities research analysts have also issued reports on FIBK. Benchmark raised shares of First Interstate BancSystem to a “hold” rating in a report on Wednesday, September 23rd. Wells Fargo & Company reiterated an “underweight” rating and issued a $34.00 price target (down from $36.00) on shares of First Interstate BancSystem in a research report on Monday, August 10th. Barclays upped their price target on shares of First Interstate BancSystem from $37.00 to $38.00 and gave the stock an “underweight” rating in a research report on Monday, October 5th. Weiss Ratings reissued a “buy (b)” rating on shares of First Interstate BancSystem in a research note on Monday, September 28th. Finally, DA Davidson restated a “neutral” rating and set a $39.00 target price on shares of First Interstate BancSystem in a research note on Monday, July 27th. Two research analysts have rated the stock with a Buy rating, four have issued a Hold rating and three have issued a Sell rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Reduce” and a consensus target price of $37.00.

Get Our Latest Analysis on First Interstate BancSystem

First Interstate BancSystem Trading Down 0.3%

NASDAQ:FIBK opened at $36.78 on Friday. First Interstate BancSystem has a one year low of $29.39 and a one year high of $40.60. The business has a fifty day moving average price of $36.50 and a 200-day moving average price of $36.55. The firm has a market capitalization of $3.51 billion, a price-to-earnings ratio of 11.46 and a beta of 0.73. The company has a debt-to-equity ratio of 0.09, a current ratio of 0.69 and a quick ratio of 0.69.

First Interstate BancSystem (NASDAQ:FIBK – Get Free Report) last released its earnings results on Thursday, October 22nd. The financial services provider reported $0.65 earnings per share for the quarter, missing the consensus estimate of $0.68 by ($0.03). The company had revenue of $249.50 million for the quarter, compared to analysts’ expectations of $247.93 million. First Interstate BancSystem had a net margin of 23.63% and a return on equity of 9.33%. Sell-side analysts forecast that First Interstate BancSystem will post 2.88 EPS for the current year.

First Interstate BancSystem Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, November 13th. Shareholders of record on Tuesday, November 3rd will be issued a dividend of $0.47 per share. This represents a $1.88 dividend on an annualized basis and a yield of 5.1%. The ex-dividend date of this dividend is Tuesday, November 3rd. First Interstate BancSystem’s dividend payout ratio (DPR) is 57.85%.

Insider Buying and Selling

In other news, major shareholder Jonathan R. Scott sold 5,000 shares of the business’s stock in a transaction on Thursday, October 22nd. The shares were sold at an average price of $36.90, for a total value of $184,500.00. Following the transaction, the insider owned 812,738 shares of the company’s stock, valued at approximately $29,990,032.20. The trade was a 0.61% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, major shareholder Julie A. Scott sold 2,700 shares of the company’s stock in a transaction on Wednesday, September 16th. The stock was sold at an average price of $37.64, for a total transaction of $101,628.00. Following the transaction, the insider owned 484,309 shares of the company’s stock, valued at approximately $18,229,390.76. This represents a 0.55% decrease in their position. The SEC filing for this sale provides additional information. Over the last ninety days, insiders have sold 32,700 shares of company stock valued at $1,213,976. Insiders own 8.00% of the company’s stock.

Institutional Trading of First Interstate BancSystem

Institutional investors and hedge funds have recently bought and sold shares of the stock. BlackRock Inc. purchased a new stake in shares of First Interstate BancSystem during the second quarter valued at $529,533,000. Bank of America Corp DE bought a new position in shares of First Interstate BancSystem in the second quarter worth about $56,386,000. Bank of New York Mellon Corp purchased a new position in First Interstate BancSystem in the 2nd quarter worth about $38,663,000. First Trust Advisors LP increased its stake in First Interstate BancSystem by 214.9% in the 1st quarter. First Trust Advisors LP now owns 1,197,557 shares of the financial services provider’s stock worth $39,998,000 after buying an additional 817,235 shares during the period. Finally, Punch & Associates Investment Management Inc. purchased a new position in First Interstate BancSystem in the 2nd quarter worth about $30,000,000. 88.71% of the stock is currently owned by institutional investors.

Key First Interstate BancSystem News

Here are the key news stories impacting First Interstate BancSystem this week:

Positive Sentiment: First Interstate declared a quarterly dividend of $0.47 per share, equivalent to $1.88 annually and a yield of approximately 5.2%. The dividend supports the stock’s income appeal. First Interstate dividend information
Positive Sentiment: Third-quarter revenue totaled $249.5 million, slightly exceeding analyst expectations of $247.93 million. Net interest margin also improved to 3.53%, a potentially encouraging sign for future earnings if sustained. First Interstate third-quarter earnings release
Neutral Sentiment: Major shareholder Jonathan Scott sold 5,000 shares for approximately $184,500. The sale reduced his holdings by only 0.61%, leaving him with 812,738 shares, so the transaction is relatively small compared with his remaining stake. SEC insider ownership filing
Negative Sentiment: FIBK reported third-quarter earnings of $0.65 per diluted share, missing consensus estimates, which ranged from roughly $0.70 to $0.92 depending on the data provider. Net income fell to $62.2 million from $71.4 million a year earlier, while earnings declined to $0.65 from $0.69 per share. First Interstate earnings flash
Negative Sentiment: Investors remain concerned about weak core earnings growth, a contracting loan portfolio and a declining asset base. These trends suggest that improved margins have not yet translated into stronger overall operating performance relative to regional-bank peers. First Interstate Q3 analysis

First Interstate BancSystem Company Profile

(Get Free Report)

First Interstate BancSystem, Inc is a financial holding company headquartered in Billings, Montana. Through its principal subsidiary, First Interstate Bank, the company provides community banking services to individuals, businesses, agricultural customers and governmental entities.

First Interstate Bank offers deposit accounts, consumer and commercial loans, mortgage lending, credit cards, cash-management and treasury-management services, online and mobile banking, and wealth-management and investment services.