First Interstate BancSystem (FIBK) Stock Forecast, Price Target & Predictions
FIBK Stock Forecast
First Interstate BancSystem stock forecast is as follows: an average price target of $33.33 (represents a -0.18% downside from FIBK’s last price of $33.39) 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 $33.33 based on 1-year price targets from 4 Wall Street analysts in the past 3 months, with a price target range of $36.00 to $28.00. This represents a potential -0.18% downside from FIBK's last price of $33.39.
FIBK Analyst Ratings
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%), 1 'Hold' (25.00%), 1 'Sell' (25.00%), and 0 'Strong Sell' (0.00%).
First Interstate BancSystem Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Oct 28, 2024 | Matthew Clark | Piper Sandler | $36.00 | $31.57 | 14.03% | 7.82% |
| Oct 01, 2024 | Timur Braziler | Wells Fargo | $28.00 | $30.68 | -8.74% | -16.14% |
| Jul 29, 2024 | Matthew Clark | Piper Sandler | $38.00 | $31.61 | 20.22% | 13.81% |
| Jul 29, 2024 | Andrew Terell | Stephens | $36.00 | $31.51 | 14.25% | 7.82% |
| Apr 29, 2024 | Matthew Clark | Piper Sandler | $37.00 | $27.39 | 35.09% | 10.81% |
| May 04, 2022 | - | Stephens | $41.00 | $35.20 | 16.48% | 22.79% |
The latest First Interstate BancSystem stock forecast, released on Oct 28, 2024 by Matthew Clark from Piper Sandler, set a price target of $36.00, which represents a 14.03% increase from the stock price at the time of the forecast ($31.57), and a 7.82% increase from FIBK last price ($33.39).
First Interstate BancSystem Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | 1 | 2 | 5 |
| Avg Price Target | $36.00 | $32.00 | $35.00 |
| Last Closing Price | $33.39 | $33.39 | $33.39 |
| Upside/Downside | 7.82% | -4.16% | 4.82% |
In the current month, the average price target of First Interstate BancSystem stock is $36.00, according to 1 Wall Street analyst offering twelve months forecast. The average price target represents a 7.82% increase as opposed to First Interstate BancSystem's last price of $33.39. This month's average price target is up 12.50% compared to last quarter, and up 2.86% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Oct 31, 2024 | Barclays | Equal-Weight | Underweight | Downgrade |
| Oct 28, 2024 | Wells Fargo | Equal-Weight | Equal-Weight | Hold |
| Oct 28, 2024 | Piper Sandler | Overweight | Overweight | Hold |
| Oct 01, 2024 | Wells Fargo | Market Perform | Underweight | Downgrade |
| Sep 27, 2024 | Wells Fargo | Market Perform | Market Perform | Hold |
| Sep 27, 2024 | Stephens | Underperform | Underperform | Hold |
| Sep 26, 2024 | Barclays | Equal-Weight | Equal-Weight | Hold |
| Aug 26, 2024 | Stephens | Underperform | Underperform | Hold |
| Aug 26, 2024 | Wells Fargo | Market Perform | Market Perform | Hold |
| Aug 26, 2024 | Piper Sandler | Overweight | Overweight | Hold |
First Interstate BancSystem's last stock rating was published by Barclays on Oct 31, 2024. The company Downgrade its FIBK rating from "Equal-Weight" to "Underweight".
First Interstate BancSystem Financial Forecast
First Interstate BancSystem Revenue Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | $44.50M | $42.00M | $262.50M | $238.90M | $300.00M | $289.70M | $288.90M | $227.20M | $159.20M | $166.60M | $154.10M | $158.80M | $162.30M | $167.70M | $162.20M | $166.80M | $163.40M | $166.30M |
| Avg Forecast | $279.00M | $275.85M | $271.70M | $267.25M | $269.23M | $264.05M | $258.55M | $253.19M | $251.54M | $250.77M | $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 |
| High Forecast | $280.44M | $277.27M | $273.10M | $268.63M | $270.62M | $265.41M | $259.89M | $254.49M | $252.84M | $250.98M | $246.07M | $241.28M | $254.04M | $262.14M | $273.21M | $288.20M | $315.43M | $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 |
| Low Forecast | $275.86M | $272.75M | $268.64M | $264.24M | $266.20M | $261.08M | $255.65M | $250.34M | $248.71M | $250.56M | $246.07M | $241.28M | $249.89M | $253.27M | $268.75M | $283.49M | $310.28M | $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 |
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 3 | 1 | 1 | 1 | 1 | 6 | 3 | 3 | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 3 | 3 | 15 | 9 | 9 | 8 | 8 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.18% | 0.16% | 0.97% | 0.83% | 0.96% | 0.97% | 1.06% | 1.01% | 0.99% | 1.04% | 0.99% | 0.99% | 0.98% | 1.01% | 0.97% | 1.03% | 0.98% | 0.99% |
First Interstate BancSystem's average Quarter revenue forecast for Mar 24 based on 1 analysts is $241.28M, with a low forecast of $241.28M, and a high forecast of $241.28M. 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 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 3 | 1 | 1 | 1 | 1 | 6 | 3 | 3 | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 3 | 3 | 15 | 9 | 9 | 8 | 8 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | $80.90M | $94.70M | $86.90M | $240.10M | $169.70M | $141.90M | $101.90M | $-22.00M | $69.00M | $76.00M | $70.50M | $81.50M | $79.10M | $80.70M | $64.90M | $56.30M | $90.40M | $89.90M |
| Avg Forecast | $99.41M | $98.29M | $96.81M | $95.23M | $95.93M | $94.09M | $92.13M | $90.22M | $89.63M | $89.36M | $87.68M | $-25.68M | $90.05M | $92.28M | $96.85M | $-23.34M | $64.30M | $147.19M | $135.17M | $-18.45M | $79.75M | $79.06M | $77.43M | $69.05M | $82.24M | $82.24M | $82.57M | $73.01M | $82.37M | $83.04M |
| High Forecast | $99.93M | $98.80M | $97.31M | $95.72M | $96.43M | $94.57M | $92.60M | $90.68M | $90.09M | $89.43M | $87.68M | $-20.54M | $90.52M | $93.41M | $97.35M | $-18.67M | $77.17M | $147.19M | $135.17M | $-14.76M | $79.75M | $79.06M | $77.43M | $82.86M | $82.24M | $82.24M | $82.57M | $87.62M | $82.37M | $83.04M |
| Low Forecast | $98.30M | $97.19M | $95.72M | $94.16M | $94.85M | $93.03M | $91.09M | $89.20M | $88.62M | $89.28M | $87.68M | $-30.81M | $89.04M | $90.24M | $95.76M | $-28.01M | $51.44M | $147.19M | $135.17M | $-22.14M | $79.75M | $79.06M | $77.43M | $55.24M | $82.24M | $82.24M | $82.57M | $58.41M | $82.37M | $83.04M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.90% | 1.03% | 0.90% | -10.29% | 2.64% | 0.96% | 0.75% | 1.19% | 0.87% | 0.96% | 0.91% | 1.18% | 0.96% | 0.98% | 0.79% | 0.77% | 1.10% | 1.08% |
1 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 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 3 | 1 | 1 | 1 | 1 | 6 | 3 | 3 | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 3 | 3 | 15 | 9 | 9 | 8 | 8 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | $61.50M | $72.70M | $67.00M | $56.30M | $85.80M | $85.70M | $64.10M | $-33.40M | $51.10M | $47.10M | $42.50M | $51.40M | $46.90M | $48.30M | $36.70M | $29.30M | $52.40M | $49.10M |
| Avg Forecast | $70.54M | $69.86M | $67.79M | $65.38M | $70.21M | $66.29M | $61.53M | $56.54M | $59.58M | $60.05M | $56.40M | $-38.98M | $58.77M | $63.68M | $69.79M | $-35.44M | $47.62M | $93.13M | $57.22M | $-28.01M | $74.23M | $77.94M | $74.57M | $43.55M | $81.89M | $70.96M | $53.76M | $38.00M | $82.03M | $80.93M |
| High Forecast | $71.02M | $70.32M | $68.25M | $65.82M | $70.68M | $66.73M | $61.94M | $56.91M | $61.60M | $60.12M | $56.41M | $-31.18M | $61.57M | $69.84M | $70.26M | $-28.35M | $57.15M | $93.13M | $57.22M | $-22.41M | $74.23M | $77.94M | $74.57M | $52.26M | $81.89M | $70.96M | $53.76M | $45.60M | $82.03M | $80.93M |
| Low Forecast | $69.51M | $68.83M | $66.80M | $64.43M | $69.18M | $65.32M | $60.63M | $55.71M | $57.56M | $59.98M | $56.38M | $-46.78M | $55.97M | $56.49M | $68.77M | $-42.52M | $38.10M | $93.13M | $57.22M | $-33.62M | $74.23M | $77.94M | $74.57M | $34.84M | $81.89M | $70.96M | $53.76M | $30.40M | $82.03M | $80.93M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 1.05% | 1.14% | 0.96% | -1.59% | 1.80% | 0.92% | 1.12% | 1.19% | 0.69% | 0.60% | 0.57% | 1.18% | 0.57% | 0.68% | 0.68% | 0.77% | 0.64% | 0.61% |
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 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 3 | 1 | 1 | 1 | 1 | 6 | 3 | 3 | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 3 | 3 | 15 | 9 | 9 | 8 | 8 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | - | $85.10M | $87.40M | $88.40M | $92.70M | $91.50M | $94.20M | $81.20M | $54.40M | $64.80M | $66.20M | $64.80M | $66.30M | $67.50M | $64.50M | $63.50M | $57.80M | $60.80M |
| Avg Forecast | $94.49M | $93.42M | $92.01M | $90.51M | $91.18M | $89.42M | $87.56M | $85.74M | $85.19M | $84.93M | $83.33M | $111.80M | $85.59M | $87.70M | $92.05M | $101.64M | $50.70M | $228.79M | $210.11M | $80.35M | $123.96M | $122.89M | $120.35M | $54.90M | $127.83M | $127.83M | $128.35M | $82.35M | $128.03M | $129.07M |
| High Forecast | $94.97M | $93.90M | $92.49M | $90.97M | $91.65M | $89.88M | $88.01M | $86.19M | $85.63M | $85.00M | $83.33M | $134.17M | $86.03M | $88.78M | $92.53M | $121.97M | $60.84M | $228.79M | $210.11M | $96.42M | $123.96M | $122.89M | $120.35M | $65.88M | $127.83M | $127.83M | $128.35M | $98.82M | $128.03M | $129.07M |
| Low Forecast | $93.42M | $92.37M | $90.98M | $89.49M | $90.15M | $88.42M | $86.58M | $84.78M | $84.23M | $84.86M | $83.33M | $89.44M | $84.63M | $85.77M | $91.02M | $81.31M | $40.56M | $228.79M | $210.11M | $64.28M | $123.96M | $122.89M | $120.35M | $43.92M | $127.83M | $127.83M | $128.35M | $65.88M | $128.03M | $129.07M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.97% | 0.95% | 0.87% | 1.83% | 0.40% | 0.45% | 1.01% | 0.44% | 0.53% | 0.55% | 1.18% | 0.52% | 0.53% | 0.50% | 0.77% | 0.45% | 0.47% |
First Interstate BancSystem's average Quarter SG&A projection for Dec 23 is $85.59M, based on 1 Wall Street analysts, with a range of $84.63M to $86.03M. The forecast indicates a 0.58% rise compared to FIBK last annual SG&A of $85.10M (Sep 23).
First Interstate BancSystem EPS Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 3 | 1 | 1 | 1 | 1 | 6 | 3 | 3 | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 3 | 3 | 15 | 9 | 9 | 8 | 8 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | $0.59 | $0.70 | $0.65 | $0.54 | $0.82 | $0.80 | $0.59 | $-0.36 | $0.83 | $0.76 | $0.69 | $0.83 | $0.76 | $0.76 | $0.58 | $0.45 | $0.81 | $0.76 |
| Avg Forecast | $0.68 | $0.68 | $0.66 | $0.63 | $0.68 | $0.64 | $0.60 | $0.55 | $0.58 | $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 |
| High Forecast | $0.69 | $0.68 | $0.66 | $0.64 | $0.68 | $0.65 | $0.60 | $0.55 | $0.60 | $0.58 | $0.55 | $0.50 | $0.60 | $0.68 | $0.68 | $0.80 | $1.04 | $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 |
| Low Forecast | $0.67 | $0.67 | $0.65 | $0.62 | $0.67 | $0.63 | $0.59 | $0.54 | $0.56 | $0.58 | $0.55 | $0.49 | $0.54 | $0.55 | $0.67 | $0.78 | $1.02 | $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 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 1.04% | 1.13% | 0.96% | 0.68% | 0.79% | 0.89% | 1.06% | 2.77% | 1.15% | 1.01% | 0.95% | 1.16% | 0.96% | 1.10% | 1.11% | 0.70% | 1.02% | 0.97% |
According to 1 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
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| HTBK | Heritage Commerce | $10.52 | $12.50 | 18.82% | Buy |
| EBMT | Eagle Bancorp Montana | $16.45 | $18.00 | 9.42% | - |
| FNB | F.N.B. | $16.41 | $17.50 | 6.64% | Buy |
| CFFN | Capitol Federal Financial | $6.66 | $7.00 | 5.11% | Hold |
| GABC | German American Bancorp | $44.94 | $45.67 | 1.62% | Buy |
| BFST | Business First Bancshares | $27.67 | $28.00 | 1.19% | Buy |
| FIBK | First Interstate BancSystem | $33.39 | $33.33 | -0.18% | Buy |
| BOKF | BOK Financial | $114.31 | $112.75 | -1.36% | Hold |
| FFIN | First Financial Bankshares | $40.62 | $39.50 | -2.76% | Hold |
| FBNC | First Bancorp | $44.97 | $43.00 | -4.38% | Buy |
| IBTX | Independent Bank Group | $63.06 | $60.00 | -4.85% | Buy |
| BY | Byline Bancorp | $30.93 | $29.00 | -6.24% | Buy |
| CVBF | CVB Financial | $22.57 | $21.00 | -6.96% | Hold |
| HTLF | Heartland Financial USA | $64.80 | $60.00 | -7.41% | Hold |
| CATY | Cathay General Bancorp | $50.75 | $46.50 | -8.37% | Buy |
| TCBI | Texas Capital Bancshares | $83.90 | $76.20 | -9.18% | Buy |
| FFBC | First Financial Ban | $28.67 | $25.00 | -12.80% | Hold |
| GBCI | Glacier Bancorp | $55.84 | $45.60 | -18.34% | Hold |
| BANF | BancFirst | $121.21 | $95.00 | -21.62% | Sell |