44,496 Shares in First Interstate BancSystem, Inc. $FIBK Bought by Hsbc Holdings PLC

Posted by Stanley Muller on Aug 31st, 2026

Hsbc Holdings PLC bought a new stake in shares of First Interstate BancSystem, Inc. (NASDAQ:FIBK – Free Report) in the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund bought 44,496 shares of the financial services provider’s stock, valued at approximately $1,707,000.

Several other hedge funds have also recently bought and sold shares of the company. AQR Capital Management LLC grew its holdings in First Interstate BancSystem by 37.2% during the first quarter. AQR Capital Management LLC now owns 67,214 shares of the financial services provider’s stock worth $1,926,000 after acquiring an additional 18,210 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its stake in First Interstate BancSystem by 4.6% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 47,230 shares of the financial services provider’s stock worth $1,353,000 after acquiring an additional 2,070 shares in the last quarter. Dynamic Technology Lab Private Ltd purchased a new stake in shares of First Interstate BancSystem in the first quarter worth approximately $238,000. Jones Financial Companies Lllp boosted its stake in shares of First Interstate BancSystem by 24,352.5% during the 1st quarter. Jones Financial Companies Lllp now owns 24,697 shares of the financial services provider’s stock valued at $708,000 after buying an additional 24,596 shares during the period. Finally, Jane Street Group LLC purchased a new position in First Interstate BancSystem in the first quarter valued at about $5,125,000. 88.71% of the stock is currently owned by institutional investors.

Insider Buying and Selling at First Interstate BancSystem

In related news, major shareholder Julie A. Scott sold 15,000 shares of the firm’s stock in a transaction on Thursday, June 18th. The shares were sold at an average price of $35.97, for a total value of $539,550.00. Following the completion of the transaction, the insider owned 488,359 shares of the company’s stock, valued at approximately $17,566,273.23. This trade represents a 2.98% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, major shareholder Jonathan R. Scott sold 12,892 shares of First Interstate BancSystem stock in a transaction on Thursday, June 4th. The shares were sold at an average price of $35.58, for a total transaction of $458,697.36. Following the completion of the sale, the insider owned 866,628 shares in the company, valued at $30,834,624.24. The trade was a 1.47% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 32,392 shares of company stock valued at $1,161,552 in the last 90 days. 8.00% of the stock is currently owned by corporate insiders.

First Interstate BancSystem Price Performance

Shares of First Interstate BancSystem stock opened at $37.04 on Monday. The firm has a market cap of $3.53 billion, a PE ratio of 11.40 and a beta of 0.76. The business’s 50 day simple moving average is $38.30 and its 200 day simple moving average is $36.16. The company has a debt-to-equity ratio of 0.09, a quick ratio of 0.69 and a current ratio of 0.69. First Interstate BancSystem, Inc. has a 52-week low of $29.10 and a 52-week high of $40.60.

First Interstate BancSystem (NASDAQ:FIBK – Get Free Report) last released its quarterly earnings results on Thursday, July 23rd. The financial services provider reported $0.87 earnings per share for the quarter, topping analysts’ consensus estimates of $0.69 by $0.18. The firm had revenue of $263.90 million during the quarter, compared to the consensus estimate of $249.32 million. First Interstate BancSystem had a return on equity of 9.55% and a net margin of 23.63%.The business’s revenue was up 6.4% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.69 EPS. On average, analysts predict that First Interstate BancSystem, Inc. will post 2.84 earnings per share for the current fiscal year.

First Interstate BancSystem Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, August 14th. Investors of record on Tuesday, August 4th were issued a dividend of $0.47 per share. The ex-dividend date was Tuesday, August 4th. This represents a $1.88 annualized dividend and a yield of 5.1%. First Interstate BancSystem’s dividend payout ratio is presently 57.85%.

Wall Street Analyst Weigh In

A number of brokerages recently weighed in on FIBK. Wall Street Zen raised First Interstate BancSystem from a “strong sell” rating to a “sell” rating in a research note on Monday, June 22nd. Wells Fargo & Company reiterated an “underweight” rating and set a $34.00 price objective (down from $36.00) on shares of First Interstate BancSystem in a research note on Monday, August 10th. DA Davidson restated a “neutral” rating and set a $39.00 price target on shares of First Interstate BancSystem in a research report on Monday, July 27th. Barclays downgraded shares of First Interstate BancSystem from an “equal weight” rating to an “underweight” rating and dropped their target price for the stock from $38.00 to $37.00 in a research note on Monday, August 3rd. Finally, Weiss Ratings raised First Interstate BancSystem from a “buy (b-)” rating to a “buy (b)” rating in a research note on Wednesday, July 1st. Two research analysts have rated the stock with a Buy rating, three have given a Hold rating and three have assigned a Sell rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Reduce” and an average price target of $36.83.

View Our Latest Research Report on First Interstate BancSystem

About First Interstate BancSystem

(Free Report)

First Interstate BancSystem, Inc is a bank holding company headquartered in Billings, Montana. Through its principal subsidiary, First Interstate Bank, the company provides a full range of commercial and consumer banking services. Its offerings include business lending, commercial real estate financing, agricultural loans, residential mortgage products, and deposit accounts suitable for individuals, small businesses, and large corporations.

The company traces its roots back to the late 1960s and has grown through a combination of organic expansion and strategic acquisitions across the Western United States.