First Interstate BancSystem (FIBK) Stock Forecast, Price Target & Predictions


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FIBK Stock Forecast


First Interstate BancSystem stock forecast is as follows: an average price target of $37.00 (represents a 22.52% upside from FIBK’s last price of $30.20) and a rating consensus of 'Buy', based on 4 wall street analysts offering a 1-year stock forecast.

FIBK Price Target


The average price target for First Interstate BancSystem (FIBK) is $37.00 based on 1-year price targets from 4 Wall Street analysts in the past 3 months, with a price target range of $38.00 to $36.00. This represents a potential 22.52% upside from FIBK's last price of $30.20.

FIBK Analyst Ratings


Buy

According to 4 Wall Street analysts, First Interstate BancSystem's rating consensus is 'Buy'. The analyst rating breakdown for FIBK stock is 0 'Strong Buy' (0.00%), 2 'Buy' (50.00%), 2 'Hold' (50.00%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).

First Interstate BancSystem Price Target by Analyst


DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Jul 29, 2024Matthew ClarkPiper Sandler$38.00$31.6120.22%25.83%
Jul 29, 2024Andrew TerellStephens$36.00$31.5114.25%19.21%
Apr 29, 2024Matthew ClarkPiper Sandler$37.00$27.3935.09%22.52%
May 04, 2022-Stephens$41.00$35.2016.48%35.76%
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The latest First Interstate BancSystem stock forecast, released on Jul 29, 2024 by Matthew Clark from Piper Sandler, set a price target of $38.00, which represents a 20.22% increase from the stock price at the time of the forecast ($31.61), and a 25.83% increase from FIBK last price ($30.20).

First Interstate BancSystem Price Target by Period


1M3M12M
# Anlaysts-23
Avg Price Target-$37.00$37.00
Last Closing Price$30.20$30.20$30.20
Upside/Downside-100.00%22.52%22.52%

In the current month, the average price target of First Interstate BancSystem stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to First Interstate BancSystem's last price of $30.20. This month's average price target is down -100.00% compared to last quarter, and down -100.00% compared to last year.

Analyst Ratings Upgrades/Downgrades


DateCompanyPrevious RatingNew RatingRating Change
Aug 26, 2024StephensUnderperformUnderperformHold
Aug 26, 2024Wells FargoMarket PerformMarket PerformHold
Aug 26, 2024Piper SandlerOverweightOverweightHold
Jul 29, 2024Piper SandlerOverweightOverweightHold
Jul 29, 2024StephensOverweightOverweightHold
Jul 29, 2024Wells FargoEqual-WeightEqual-WeightHold
Jul 29, 2024BarclaysEqual-WeightEqual-WeightHold
Jul 09, 2024StephensUnderperformUnderperformHold
Jul 09, 2024Wells FargoMarket PerformMarket PerformHold
Jun 17, 2024Wells FargoMarket PerformMarket PerformHold
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First Interstate BancSystem's last stock rating was published by Stephens on Aug 26, 2024. The company gave FIBK a "Underperform" rating, the same as its previous rate.

First Interstate BancSystem Financial Forecast


First Interstate BancSystem Revenue Forecast

Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jul 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19Jun 19Mar 19Dec 18Sep 18
Revenue--------$44.50M$42.00M$262.50M$238.90M$300.00M$289.70M-$227.20M$159.20M$166.60M$154.10M$158.80M$162.30M$167.70M$162.20M$166.80M$163.40M$166.30M$164.70M$150.50M$153.20M$146.20M
Avg Forecast$269.94M$266.57M$261.51M$255.90M$254.63M$251.15M$246.07M$241.28M$252.73M$258.97M$271.81M$286.72M$313.81M$297.21M$272.94M$224.49M$161.03M$159.64M$156.34M$159.67M$166.05M$166.06M$166.73M$161.39M$166.31M$167.67M$163.92M$150.52M$169.21M$152.38M
High Forecast$271.03M$267.64M$262.56M$256.93M$255.65M$252.16M$247.06M$242.25M$253.75M$262.14M$272.90M$287.87M$315.07M$298.40M$272.94M$227.36M$163.09M$161.69M$158.34M$161.71M$168.18M$168.19M$168.86M$163.46M$168.44M$169.81M$166.02M$152.45M$203.05M$182.85M
Low Forecast$269.06M$265.70M$260.66M$255.06M$253.80M$250.33M$245.26M$240.49M$251.91M$253.27M$270.92M$285.78M$312.79M$296.24M$272.94M$222.59M$159.66M$158.29M$155.02M$158.31M$164.64M$164.65M$165.31M$160.02M$164.90M$166.25M$162.53M$149.25M$135.36M$121.90M
# Analysts1111131-163344223337101010106666157
Surprise %--------0.18%0.16%0.97%0.83%0.96%0.97%-1.01%0.99%1.04%0.99%0.99%0.98%1.01%0.97%1.03%0.98%0.99%1.00%1.00%0.91%0.96%

First Interstate BancSystem's average Quarter revenue forecast for Mar 24 based on 0 analysts is $241.28M, with a low forecast of $240.49M, and a high forecast of $242.25M. FIBK's average Quarter revenue forecast represents a 442.20% increase compared to the company's last Quarter revenue of $44.50M (Dec 23).

First Interstate BancSystem EBITDA Forecast

Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jul 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19Jun 19Mar 19Dec 18Sep 18
# Analysts1111131-163344223337101010106666157
EBITDA--------$80.90M$94.70M$86.90M$240.10M$169.70M$141.90M-$-22.00M$69.00M$76.00M$70.50M$81.50M$79.10M$80.70M$64.90M$56.30M$90.40M$89.90M$77.40M$75.10M$72.60M$71.50M
Avg Forecast$133.69M$132.02M$129.52M$126.74M$126.11M$124.39M$121.87M$-25.68M$125.17M$128.26M$134.62M$-23.34M$155.42M$82.04M$135.17M$-18.45M$58.46M$64.85M$74.36M$69.05M$81.13M$72.51M$55.99M$73.01M$90.40M$93.31M$94.71M$78.23M$79.47M$74.40M
High Forecast$134.23M$132.55M$130.04M$127.25M$126.61M$124.89M$122.36M$-20.54M$125.67M$129.83M$135.16M$-18.67M$156.04M$98.45M$135.17M$-14.76M$70.15M$77.82M$89.24M$82.86M$97.35M$87.02M$67.19M$87.62M$108.48M$111.98M$113.66M$93.87M$95.36M$89.28M
Low Forecast$133.26M$131.59M$129.09M$126.32M$125.70M$123.98M$121.47M$-30.81M$124.76M$125.43M$134.18M$-28.01M$154.91M$65.63M$135.17M$-22.14M$46.77M$51.88M$59.49M$55.24M$64.90M$58.01M$44.79M$58.41M$72.32M$74.65M$75.77M$62.58M$63.57M$59.52M
Surprise %--------0.65%0.74%0.65%-10.29%1.09%1.73%-1.19%1.18%1.17%0.95%1.18%0.98%1.11%1.16%0.77%1.00%0.96%0.82%0.96%0.91%0.96%

0 analysts predict FIBK's average Quarter EBITDA for Mar 24 to be $-25.68M, with a high of $-20.54M and a low of $-30.81M. This is -131.74% lower than First Interstate BancSystem's previous annual EBITDA (Dec 23) of $80.90M.

First Interstate BancSystem Net Income Forecast

Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jul 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19Jun 19Mar 19Dec 18Sep 18
# Analysts1111131-163344223337101010106666157
Net Income--------$61.50M$72.70M$67.00M$56.30M$85.80M$85.70M-$-33.40M$51.10M$47.10M$42.50M$51.40M$46.90M$48.30M$36.70M$29.30M$52.40M$49.10M$37.90M$41.60M$40.40M$41.40M
Avg Forecast$71.08M$67.87M$63.25M$58.79M$61.27M$59.94M$56.32M$-38.98M$58.69M$63.59M$69.70M$-35.44M$106.53M$50.84M$57.19M$-28.01M$43.29M$40.19M$44.83M$43.55M$48.10M$43.40M$31.66M$38.00M$52.40M$50.96M$46.38M$43.33M$44.22M$43.08M
High Forecast$71.45M$68.22M$63.59M$59.10M$61.59M$60.25M$56.61M$-31.18M$61.49M$69.75M$70.06M$-28.35M$107.09M$61.01M$57.19M$-22.41M$51.95M$48.23M$53.79M$52.26M$57.72M$52.08M$38.00M$45.60M$62.88M$61.16M$55.65M$52.00M$53.07M$51.69M
Low Forecast$70.77M$67.58M$62.99M$58.54M$61.01M$58.94M$56.08M$-46.78M$55.90M$56.41M$69.40M$-42.52M$106.08M$40.67M$57.19M$-33.62M$34.63M$32.15M$35.86M$34.84M$38.48M$34.72M$25.33M$30.40M$41.92M$40.77M$37.10M$34.67M$35.38M$34.46M
Surprise %--------1.05%1.14%0.96%-1.59%0.81%1.69%-1.19%1.18%1.17%0.95%1.18%0.98%1.11%1.16%0.77%1.00%0.96%0.82%0.96%0.91%0.96%

First Interstate BancSystem's average Quarter net income forecast for Mar 24 is $-38.98M, with a range of $-46.78M to $-31.18M. FIBK's average Quarter net income forecast represents a -163.38% decrease compared to the company's last Quarter net income of $61.50M (Dec 23).

First Interstate BancSystem SG&A Forecast

Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jul 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19Jun 19Mar 19Dec 18Sep 18
# Analysts1111131-163344223337101010106666157
SG&A---------$85.10M$87.40M$88.40M$92.70M$91.50M-$81.20M$54.40M$64.80M$66.20M$64.80M$66.30M$67.50M$64.50M$63.50M$57.80M$60.80M$64.10M$59.90M$62.20M$56.90M
Avg Forecast$207.80M$205.21M$201.31M$196.99M$196.02M$193.34M$189.42M$111.80M$194.55M$199.35M$209.24M$101.64M$241.57M$69.95M$210.11M$80.35M$46.09M$55.30M$69.83M$54.90M$68.00M$60.65M$55.65M$82.35M$57.80M$63.11M$78.44M$62.40M$68.08M$59.21M
High Forecast$208.64M$206.03M$202.12M$197.79M$196.80M$194.12M$190.19M$134.17M$195.34M$201.80M$210.08M$121.97M$242.54M$83.94M$210.11M$96.42M$55.31M$66.36M$83.79M$65.88M$81.60M$72.78M$66.78M$98.82M$69.36M$75.73M$94.13M$74.88M$81.70M$71.05M
Low Forecast$207.13M$204.54M$200.66M$196.35M$195.38M$192.71M$188.81M$89.44M$193.92M$194.97M$208.56M$81.31M$240.78M$55.96M$210.11M$64.28M$36.87M$44.24M$55.86M$43.92M$54.40M$48.52M$44.52M$65.88M$46.24M$50.49M$62.75M$49.92M$54.47M$47.37M
Surprise %---------0.43%0.42%0.87%0.38%1.31%-1.01%1.18%1.17%0.95%1.18%0.97%1.11%1.16%0.77%1.00%0.96%0.82%0.96%0.91%0.96%

First Interstate BancSystem's average Quarter SG&A projection for Dec 23 is $194.55M, based on 1 Wall Street analysts, with a range of $193.92M to $195.34M. The forecast indicates a 128.62% rise compared to FIBK last annual SG&A of $85.10M (Sep 23).

First Interstate BancSystem EPS Forecast

Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jul 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19Jun 19Mar 19Dec 18Sep 18
# Analysts1111131-163344223337101010106666157
EPS--------$0.59$0.70$0.65$0.54$0.82$0.80-$-0.36$0.83$0.76$0.69$0.83$0.76$0.76$0.58$0.45$0.81$0.76$0.59$0.69$0.67$0.71
Avg Forecast$0.69$0.66$0.61$0.57$0.59$0.58$0.55$0.50$0.57$0.62$0.68$0.80$1.03$0.90$0.56$-0.13$0.72$0.76$0.72$0.72$0.79$0.69$0.52$0.64$0.80$0.79$0.69$0.72$0.81$0.77
High Forecast$0.69$0.66$0.62$0.57$0.60$0.58$0.55$0.50$0.60$0.68$0.68$0.80$1.04$0.91$0.56$-0.13$0.73$0.77$0.74$0.73$0.81$0.70$0.53$0.66$0.81$0.80$0.71$0.74$0.97$0.92
Low Forecast$0.69$0.66$0.61$0.57$0.59$0.57$0.54$0.49$0.54$0.55$0.67$0.79$1.03$0.90$0.56$-0.13$0.71$0.75$0.72$0.71$0.79$0.68$0.52$0.64$0.79$0.78$0.69$0.72$0.65$0.62
Surprise %--------1.04%1.13%0.96%0.68%0.79%0.89%-2.77%1.15%1.01%0.95%1.16%0.96%1.10%1.11%0.70%1.02%0.97%0.85%0.95%0.83%0.92%

According to 0 Wall Street analysts, First Interstate BancSystem's projected average Quarter EPS for Mar 24 is $0.50, with a low estimate of $0.49 and a high estimate of $0.50. This represents a -15.93% decrease compared to FIBK previous annual EPS of $0.59 (Dec 23).

First Interstate BancSystem Peer Comparison by Price Target


TickerCompanyLast Closing PriceAvg Price TargetUpside/DownsideAvg Rating
HTBKHeritage Commerce$9.95$12.5025.63%Buy
FIBKFirst Interstate BancSystem$30.20$37.0022.52%Buy
FNBF.N.B.$14.02$17.0021.26%Buy
CFFNCapitol Federal Financial$5.84$7.0019.86%Hold
CVBFCVB Financial$17.71$21.0018.58%Hold
GABCGerman American Bancorp$39.09$44.0012.56%Buy
CATYCathay General Bancorp$42.32$46.509.88%Buy
BFSTBusiness First Bancshares$25.63$28.009.25%Buy
BYByline Bancorp$26.55$29.009.23%Buy
FFINFirst Financial Bankshares$36.77$39.006.06%Hold
IBTXIndependent Bank Group$57.07$59.674.56%Buy
TCBITexas Capital Bancshares$70.13$73.004.09%Buy
BOKFBOK Financial$102.96$105.382.35%Hold
FBNCFirst Bancorp$42.43$43.001.34%Buy
GBCIGlacier Bancorp$44.35$44.25-0.23%Hold
FFBCFirst Financial Ban$25.14$25.00-0.56%Hold
BANFBancFirst$104.72$95.00-9.28%Sell
HTLFHeartland Financial USA$56.59$45.00-20.48%Hold

FIBK Forecast FAQ


Yes, according to 4 Wall Street analysts, First Interstate BancSystem (FIBK) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 2 'Buy' recommendations, accounting for 50.00% of FIBK's total ratings.

First Interstate BancSystem (FIBK) average price target is $37 with a range of $36 to $38, implying a 22.52% from its last price of $30.2. The data is based on 4 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

According to Wall Street analysts' prediction for FIBK stock, the company can go up by 22.52% (from the last price of $30.2 to the average price target of $37), up by 25.83% based on the highest stock price target, and up by 19.21% based on the lowest stock price target.

FIBK's average twelve months analyst stock price target of $37 does not support the claim that First Interstate BancSystem can reach $50 in the near future.

First Interstate BancSystem's analysts financial forecasts for the fiscal year (Dec 2024) are as follows: average revenue is $993.13M (high $997.12M, low $989.89M), average EBITDA is $346.68M (high $353.32M, low $340.33M), average net income is $138.55M (high $147.27M, low $129.25M), average SG&A $690.58M (high $715.27M, low $666.33M), and average EPS is $2.22 (high $2.23, low $2.2). FIBK's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $1.05B (high $1.06B, low $1.05B), average EBITDA is $521.96M (high $524.06M, low $520.26M), average net income is $260.99M (high $262.35M, low $259.88M), average SG&A $811.32M (high $814.58M, low $808.67M), and average EPS is $2.53 (high $2.54, low $2.52).

Based on First Interstate BancSystem's last annual report (Dec 2023), the company's revenue was $147M, which missed the average analysts forecast of $1.07B by -86.26%. Apple's EBITDA was $336.8M, missing the average prediction of $364.7M by -7.65%. The company's net income was $257.5M, beating the average estimation of $156.55M by 64.49%. Apple's SG&A was $0, missing the average forecast of $704.79M by -100.00%. Lastly, the company's EPS was $2.48, missing the average prediction of $2.66 by -6.67%. In terms of the last quarterly report (Dec 2023), First Interstate BancSystem's revenue was $44.5M, missing the average analysts' forecast of $252.73M by -82.39%. The company's EBITDA was $80.9M, missing the average prediction of $125.17M by -35.37%. First Interstate BancSystem's net income was $61.5M, beating the average estimation of $58.69M by 4.78%. The company's SG&A was $0, missing the average forecast of $194.55M by -100.00%. Lastly, the company's EPS was $0.59, beating the average prediction of $0.569 by 3.63%