FIRST INTERSTATE BANCSYSTEM INC (FIBK)

First Interstate BancSystem, Inc. is a financial holding company, which provides community banking solutions. The firm offers commercial and consumer banking services to individuals, businesses, municipalities, and other entities. The company was founded by Homer Scott Sr. in 1968 and is headquartered in Billings, MT.

Address

401 NO 31ST STREET
BILLINGS, MT 59101

Founded

1968

Number of Employees

3,585

Buyback

Buyback Data 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 Average
$ Amount Purchased
($ in 000s )
$9,115 $20,546 $26,852 $1,349 $996 $2,574 $116,760 $5,432 $198,934 $34,002 $1,149 $37,974
Average Price $25.08 $26.02 $26.44 $40.79 $41.06 $41.40 $32.64 $42.38 $39.46 $32.19 $25.28 $34.42
# Shares Purchased 363,475 789,743 1,015,389 33,063 24,271 62,167 3,577,390 128,171 5,040,896 1,056,191 45,448 1,103,291
Buyback Performance 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 Average
Total Return to Date 19.6% 15.3% 13.4% -26.4% -26.9% -27.5% -8.1% -29.2% -24.0% -6.8% 18.7% -12.8%
S&P 500 Return to Date 181.9% 173.0% 168.6% 129.7% 104.9% 93.1% 74.8% 31.7% 37.3% 31.3% 7.4% 94.0%
Excess Total Return -162.2% -157.7% -155.1% -156.2% -131.8% -120.6% -82.9% -60.9% -61.3% -38.1% 11.3% -106.8%
Quartile Rank
Percentile Rank 37% 37% 36% 25% 23% 20% 24% 25% 25% 31% 76% 33%
Buyback returns calculated using weighted average buyback price over the last 10 years and comparing to current day stock price value. S&P 500 used as benchmark for excess return.