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 0.27% upside from FIBK’s last price of $33.24) 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 0.27% upside from FIBK's last price of $33.24.
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% | 8.30% |
| Oct 01, 2024 | Timur Braziler | Wells Fargo | $28.00 | $30.68 | -8.74% | -15.76% |
| Jul 29, 2024 | Matthew Clark | Piper Sandler | $38.00 | $31.61 | 20.22% | 14.32% |
| Jul 29, 2024 | Andrew Terell | Stephens | $36.00 | $31.51 | 14.25% | 8.30% |
| Apr 29, 2024 | Matthew Clark | Piper Sandler | $37.00 | $27.39 | 35.09% | 11.31% |
| May 04, 2022 | Stephens | $41.00 | $35.20 | 16.48% | 23.35% |
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 8.30% increase from FIBK last price ($33.24).
First Interstate BancSystem Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | - | 5 |
| Avg Price Target | - | - | $35.00 |
| Last Closing Price | $33.24 | $33.24 | $33.24 |
| Upside/Downside | -100.00% | -100.00% | 5.29% |
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 $33.24. This month's average price target is down NaN% compared to last quarter, and down -100.00% 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 |
| Jul 29, 2024 | Piper Sandler | Overweight | Overweight | Hold |
| Jul 29, 2024 | Stephens | Overweight | Overweight | Hold |
| Jul 29, 2024 | Wells Fargo | Equal-Weight | Equal-Weight | Hold |
| Jul 29, 2024 | Barclays | Equal-Weight | Equal-Weight | Hold |
| Jul 09, 2024 | Wells Fargo | Market Perform | Market Perform | Hold |
| Jul 09, 2024 | Stephens | Underperform | Underperform | Hold |
| Jun 17, 2024 | Wells Fargo | Market Perform | Market Perform | Hold |
| Apr 29, 2024 | Piper Sandler | Overweight | Overweight | Hold |
| Apr 26, 2024 | Barclays | Equal-Weight | Equal-Weight | Hold |
| Oct 30, 2023 | Piper Sandler | Overweight | Overweight | Hold |
| Oct 05, 2023 | First Shanghai | Underperform | Downgrade | |
| Feb 01, 2023 | Stephens | Overweight | Upgrade | |
| May 02, 2022 | Keefe, Bruyette & Woods | Outperform | Upgrade |
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 | $284.40M | $281.21M | $276.16M | $270.95M | $268.80M | $264.51M | $258.49M | $252.59M | $251.46M | $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 | $286.98M | $283.76M | $278.67M | $273.41M | $271.24M | $266.91M | $260.83M | $254.88M | $253.74M | $250.98M | $246.07M | $241.28M | $255.02M | $262.14M | $274.27M | $289.32M | $316.67M | $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 | $281.67M | $278.51M | $273.51M | $268.35M | $266.22M | $261.97M | $256.01M | $250.17M | $249.05M | $250.56M | $246.07M | $241.28M | $250.31M | $253.27M | $269.20M | $283.97M | $309.97M | $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 | 3 | 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 | 3 | 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 | $79.89M | $78.99M | $77.58M | $76.11M | $75.51M | $74.30M | $72.61M | $70.95M | $70.64M | $70.44M | $69.12M | $-25.68M | $70.99M | $72.75M | $76.35M | $-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 | $80.61M | $79.71M | $78.28M | $76.80M | $76.19M | $74.98M | $73.27M | $71.60M | $71.28M | $70.50M | $69.12M | $-20.54M | $71.64M | $73.64M | $77.05M | $-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 | $79.12M | $78.24M | $76.83M | $75.38M | $74.78M | $73.59M | $71.91M | $70.27M | $69.96M | $70.38M | $69.12M | $-30.81M | $70.31M | $71.14M | $75.62M | $-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 % | - | - | - | - | - | - | - | - | - | - | - | - | 1.14% | 1.30% | 1.14% | -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 | 3 | 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 | $74.33M | $73.50M | $70.82M | $68.34M | $70.21M | $66.77M | $62.30M | $57.41M | $45.20M | $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 | $75.20M | $74.37M | $71.65M | $69.15M | $71.04M | $67.56M | $63.04M | $58.09M | $56.27M | $60.12M | $56.41M | $-31.18M | $61.57M | $69.84M | $70.62M | $-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 | $73.40M | $72.59M | $69.94M | $67.49M | $69.33M | $65.94M | $61.53M | $56.37M | $38.74M | $59.98M | $56.38M | $-46.78M | $55.97M | $56.49M | $68.92M | $-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 | 3 | 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 | $96.31M | $95.23M | $93.52M | $91.76M | $91.03M | $89.58M | $87.54M | $85.54M | $85.16M | $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 | $97.19M | $96.10M | $94.37M | $92.59M | $91.86M | $90.39M | $88.33M | $86.32M | $85.93M | $85.00M | $83.33M | $134.17M | $86.37M | $88.78M | $92.88M | $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 | $95.39M | $94.32M | $92.63M | $90.88M | $90.16M | $88.72M | $86.70M | $84.72M | $84.34M | $84.86M | $83.33M | $89.44M | $84.77M | $85.77M | $91.17M | $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 $84.77M to $86.37M. 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 | 3 | 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 | $0.72 | $0.71 | $0.69 | $0.66 | $0.68 | $0.65 | $0.60 | $0.56 | $0.44 | $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 | $0.73 | $0.72 | $0.69 | $0.67 | $0.69 | $0.65 | $0.61 | $0.56 | $0.55 | $0.58 | $0.55 | $0.50 | $0.60 | $0.68 | $0.68 | $0.80 | $1.05 | $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 | $0.71 | $0.70 | $0.68 | $0.65 | $0.67 | $0.64 | $0.60 | $0.55 | $0.38 | $0.58 | $0.55 | $0.49 | $0.54 | $0.55 | $0.67 | $0.79 | $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 | $9.63 | $12.50 | 29.80% | Buy |
| CATY | Cathay General Bancorp | $47.30 | $60.00 | 26.85% | Buy |
| CFFN | Capitol Federal Financial | $5.71 | $7.00 | 22.59% | Hold |
| EBMT | Eagle Bancorp Montana | $14.99 | $18.00 | 20.08% | |
| FNB | F.N.B. | $15.67 | $18.00 | 14.87% | Buy |
| GABC | German American Bancorp | $41.70 | $45.67 | 9.52% | Buy |
| IBTX | Independent Bank Group | $60.67 | $66.00 | 8.79% | Buy |
| TCBI | Texas Capital Bancshares | $77.83 | $83.67 | 7.50% | Buy |
| BOKF | BOK Financial | $110.47 | $118.75 | 7.50% | Hold |
| FFIN | First Financial Bankshares | $38.03 | $40.00 | 5.18% | Hold |
| BFST | Business First Bancshares | $27.29 | $28.00 | 2.60% | Buy |
| CVBF | CVB Financial | $20.94 | $21.00 | 0.29% | Hold |
| FIBK | First Interstate BancSystem | $33.24 | $33.33 | 0.27% | Buy |
| BY | Byline Bancorp | $29.27 | $29.00 | -0.92% | Buy |
| FBNC | First Bancorp | $44.13 | $43.00 | -2.56% | Buy |
| GBCI | Glacier Bancorp | $49.88 | $46.33 | -7.12% | Hold |
| FFBC | First Financial Ban | $27.73 | $25.00 | -9.84% | Hold |
| HTLF | Heartland Financial USA | $66.95 | $60.00 | -10.38% | Hold |
| BANF | BancFirst | $119.35 | $95.00 | -20.40% | Sell |