What is First Interstate Bancsystem's earnings per share (EPS)?

First Interstate Bancsystem (FIBK) reported diluted earnings per share of $2.94 for fiscal year 2025. This represents a 34.2% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

First Interstate Bancsystem Financials

FIBK

Source SEC Filings (10-K/10-Q) Updated Mar 31, 2026 Currency USD FYE December

This page shows First Interstate Bancsystem (FIBK) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 17 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Rhea AI FIBK FY2025 2026-05-07

FY2025 profit recovery came from a smaller, better-yielding balance sheet, not from renewed top-line expansion or asset growth.

Between FY2023 and FY2025, total assets fell from $30.7B to $26.6B while equity kept rising, showing the company was earning on a smaller funding base rather than expanding it. That reshaping helps explain why ROA improved to 1.1% and ROE to 8.8% even though revenue was lower in FY2025.

Net income climbed to $302.1M in FY2025 even as revenue slipped to $1.18B, so the profit rebound did not come from broader scale. Because operating cash flow eased to $305.6M while earnings improved, cash conversion looked less forceful than reported profit.

Cash and equivalents rose to $1.31B as total assets contracted to $26.6B, which points to liquidity being rebuilt by repositioning the balance sheet rather than by accumulating assets. At the same time, buybacks of $121.9M reduced the share count, so per-share results improved faster than the underlying business itself.

Financial Health Signals

Financial Profile 26/100

Based on FY2025 annual data, averaged across the last 3 years for performance metrics (most-recent year weighted highest). How this score is calculated →

Health score ≠ stock price. This rates the quality of First Interstate Bancsystem's business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.

Growth

First Interstate Bancsystem's revenue declined 9.6% year-over-year, from $1.3B to $1.2B. This contraction results in a growth score of 27/100.

Leverage

100

First Interstate Bancsystem carries a low D/E ratio of 0.04, meaning only $0.04 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 100/100, indicating a strong balance sheet with room for future borrowing.

Returns

First Interstate Bancsystem generates a 8.8% ROE, indicating limited profit relative to shareholders' investment. This results in a returns score of 29/100. This is up from 6.8% the prior year.

Piotroski F-Score Neutral

5/9

First Interstate Bancsystem passes 5 of 9 financial strength tests. All 4 profitability signals pass (positive income, cash flow, and earnings quality), 1 of 2 leverage/liquidity signals pass, neither operating efficiency signal passes.

Earnings Quality Cash-Backed

1.01x

For every $1 of reported earnings, First Interstate Bancsystem generates $1.01 in operating cash flow ($305.6M OCF vs $302.1M net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.

Key Financial Metrics

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Earnings & Revenue

Revenue

$1.2B

YoY-9.6%

5Y CAGR+17.6%

10Y CAGR+15.4%

First Interstate Bancsystem generated $1.2B in revenue in fiscal year 2025. This represents a decrease of 9.6% from the prior year.

EBITDA

N/A

Net Income

$302.1M

YoY+33.7%

5Y CAGR+13.4%

10Y CAGR+13.3%

First Interstate Bancsystem reported $302.1M in net income in fiscal year 2025. This represents an increase of 33.7% from the prior year.

EPS (Diluted)

$2.94

YoY+34.2%

5Y CAGR+3.0%

10Y CAGR+4.5%

First Interstate Bancsystem earned $2.94 per diluted share (EPS) in fiscal year 2025. This represents an increase of 34.2% from the prior year.

Cash & Balance Sheet

Free Cash Flow

N/A

Cash & Debt

$1.3B

YoY+46.1%

5Y CAGR-10.5%

10Y CAGR+5.3%

First Interstate Bancsystem held $1.3B in cash against $146.3M in long-term debt as of fiscal year 2025.

Dividends Per Share

$1.88

YoY+0.0%

5Y CAGR-1.2%

10Y CAGR+8.9%

First Interstate Bancsystem paid $1.88 per share in dividends in fiscal year 2025. This represents an increase of 0.0% from the prior year.

Shares Outstanding

101M

YoY-3.3%

First Interstate Bancsystem had 101M shares outstanding in fiscal year 2025. This represents a decrease of 3.3% from the prior year.

Margins & Returns

Gross Margin

N/A

Operating Margin

N/A

Net Margin

25.7%

YoY+8.3pp

5Y CAGR-5.1pp

10Y CAGR-5.1pp

First Interstate Bancsystem's net profit margin was 25.7% in fiscal year 2025, showing the share of revenue converted to profit. This is up 8.3 percentage points from the prior year.

Return on Equity

8.8%

YoY+1.9pp

5Y CAGR+0.5pp

10Y CAGR-0.4pp

First Interstate Bancsystem's ROE was 8.8% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is up 1.9 percentage points from the prior year.

Capital Allocation

R&D Spending

N/A

Share Buybacks

$121.9M

YoY+10058.3%

5Y CAGR+0.9%

10Y CAGR+19.4%

First Interstate Bancsystem spent $121.9M on share buybacks in fiscal year 2025, returning capital to shareholders by reducing shares outstanding. This represents an increase of 10058.3% from the prior year.

Capital Expenditures

N/A

FIBK Income Statement

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Revenue	$1.2B-9.6%	$1.3B+1.7%	$1.3B+25.3%	$1.0B+101.7%	$506.5M-3.4%	$524.4M
Cost of Revenue	N/A	N/A	N/A	N/A	N/A	N/A
Gross Profit	N/A	N/A	N/A	N/A	N/A	N/A
R&D Expenses	N/A	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	$274.6M+1.4%	$270.9M+3.0%	$263.1M-6.7%	$282.1M+71.1%	$164.9M-5.1%	$173.7M
Operating Income	N/A	N/A	N/A	N/A	N/A	N/A
Interest Expense	$352.6M-26.7%	$480.9M+19.8%	$401.3M+408.6%	$78.9M+356.1%	$17.3M-35.0%	$26.6M
Income Tax	$89.6M+30.8%	$68.5M-13.6%	$79.3M+44.4%	$54.9M-1.4%	$55.7M+15.8%	$48.1M
Net Income	$302.1M+33.7%	$226.0M-12.2%	$257.5M+27.3%	$202.2M+5.3%	$192.1M+19.2%	$161.2M
EPS (Diluted)	$2.94+34.2%	$2.19-11.7%	$2.48+26.5%	$1.96-37.0%	$3.11+22.9%	$2.53

Metric	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24
Revenue	$271.3M-4.9%	$285.2M-2.3%	$292.0M-1.8%	$297.5M-1.9%	$303.3M-6.9%	$325.8M-0.7%	$328.0M+1.2%	$324.0M
Cost of Revenue	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Gross Profit	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
R&D Expenses	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	$68.5M-8.4%	$74.8M+13.0%	$66.2M+1.8%	$65.0M-5.2%	$68.6M+0.1%	$68.5M-3.4%	$70.9M+6.9%	$66.3M
Operating Income	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Interest Expense	$70.6M-10.4%	$78.8M-7.5%	$85.2M-5.6%	$90.3M-8.1%	$98.3M-11.8%	$111.5M-9.0%	$122.5M+0.2%	$122.3M
Income Tax	$17.3M-43.1%	$30.4M+43.4%	$21.2M-2.8%	$21.8M+34.6%	$16.2M+11.0%	$14.6M-15.1%	$17.2M-6.5%	$18.4M
Net Income	$60.2M-44.7%	$108.8M+52.4%	$71.4M-0.4%	$71.7M+42.8%	$50.2M-3.6%	$52.1M-6.1%	$55.5M-7.5%	$60.0M
EPS (Diluted)	$0.61	N/A	$0.690.0%	$0.69+40.8%	$0.49	N/A	$0.54-6.9%	$0.58

FIBK Balance Sheet

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Total Assets	$26.6B-8.6%	$29.1B-5.0%	$30.7B-5.0%	$32.3B+64.1%	$19.7B+11.5%	$17.6B
Current Assets	N/A	N/A	N/A	N/A	N/A	N/A
Cash & Equivalents	$1.3B+46.1%	$896.6M+55.1%	$578.0M-33.6%	$870.5M-62.9%	$2.3B+3.0%	$2.3B
Inventory	N/A	N/A	N/A	N/A	N/A	N/A
Accounts Receivable	N/A	N/A	N/A	N/A	N/A	N/A
Goodwill	$1.1B0.0%	$1.1B0.0%	$1.1B0.0%	$1.1B+77.1%	$621.6M0.0%	$621.6M
Total Liabilities	$23.2B-10.2%	$25.8B-5.9%	$27.4B-6.1%	$29.2B+65.2%	$17.7B+12.7%	$15.7B
Current Liabilities	N/A	N/A	N/A	N/A	N/A	N/A
Long-Term Debt	$146.3M+10.7%	$132.2M+33.5%	$99.0M+0.1%	$98.9M+0.2%	$98.7M+0.1%	$98.6M
Total Equity	$3.4B+4.3%	$3.3B+2.4%	$3.2B+5.0%	$3.1B+54.7%	$2.0B+1.4%	$2.0B
Retained Earnings	$1.3B+9.2%	$1.2B+2.8%	$1.1B+5.8%	$1.1B+1.9%	$1.1B+9.4%	$962.1M

Metric	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24
Total Assets	$26.4B-0.8%	$26.6B-2.5%	$27.3B-0.8%	$27.6B-2.5%	$28.3B-2.9%	$29.1B-1.5%	$29.6B-2.3%	$30.3B
Current Assets	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Cash & Equivalents	$1.2B-7.7%	$1.3B-9.6%	$1.4B+32.9%	$1.1B+25.1%	$871.4M-2.8%	$896.6M+28.3%	$698.6M-27.1%	$958.5M
Inventory	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Accounts Receivable	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Goodwill	$1.1B0.0%	$1.1B0.0%	$1.1B0.0%	$1.1B0.0%	$1.1B0.0%	$1.1B0.0%	$1.1B0.0%	$1.1B
Total Liabilities	$23.1B-0.5%	$23.2B-2.9%	$23.9B-1.1%	$24.1B-3.1%	$24.9B-3.5%	$25.8B-1.5%	$26.2B-3.1%	$27.1B
Current Liabilities	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Long-Term Debt	N/A	$146.3M+0.1%	$146.2M-42.0%	$252.0M	N/A	$132.2M-3.7%	$137.3M-64.2%	$383.4M
Total Equity	$3.4B-2.6%	$3.4B0.0%	$3.4B+0.8%	$3.4B+1.8%	$3.4B+1.7%	$3.3B-1.8%	$3.4B+4.4%	$3.2B
Retained Earnings	$1.3B+1.1%	$1.3B+5.0%	$1.2B+1.9%	$1.2B+1.9%	$1.2B+0.2%	$1.2B+0.3%	$1.2B+0.6%	$1.2B

FIBK Cash Flow Statement

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Operating Cash Flow	$305.6M-13.9%	$355.0M-17.1%	$428.0M-19.9%	$534.4M+89.3%	$282.3M+5.2%	$268.3M
Capital Expenditures	N/A	N/A	N/A	N/A	N/A	N/A
Free Cash Flow	N/A	N/A	N/A	N/A	N/A	N/A
Investing Cash Flow	$2.3B+31.4%	$1.8B+40.3%	$1.3B+232.1%	-$949.0M+55.2%	-$2.1B-13.4%	-$1.9B
Financing Cash Flow	-$2.2B-22.8%	-$1.8B+9.1%	-$2.0B-86.3%	-$1.1B-155.6%	$1.9B-32.0%	$2.8B
Dividends Paid	$194.3M-0.8%	$195.9M+0.4%	$195.1M+7.1%	$182.1M+79.2%	$101.6M-21.0%	$128.6M
Share Buybacks	$121.9M+10058.3%	$1.2M-96.5%	$34.0M-82.9%	$199.0M+3585.2%	$5.4M-95.4%	$116.8M

Metric	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24
Operating Cash Flow	$55.0M-18.3%	$67.3M-26.6%	$91.7M+34.7%	$68.1M-13.2%	$78.5M-17.5%	$95.2M+5.9%	$89.9M+9.2%	$82.3M
Capital Expenditures	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Free Cash Flow	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Investing Cash Flow	$186.3M+206.9%	-$174.3M-123.4%	$743.7M-18.1%	$908.5M+9.0%	$833.7M+49.2%	$558.8M+14.8%	$486.7M+168.3%	$181.4M
Financing Cash Flow	-$342.3M-953.2%	-$32.5M+93.2%	-$476.4M+37.1%	-$757.8M+19.2%	-$937.4M-105.6%	-$456.0M+45.5%	-$836.5M-1498.8%	$59.8M
Dividends Paid	$45.7M-5.0%	$48.1M-2.0%	$49.1M0.0%	$49.1M+2.3%	$48.0M-2.0%	$49.0M-0.2%	$49.1M+0.2%	$49.0M
Share Buybacks	$87.7M-3.8%	$91.2M+231.6%	$27.5M	$0-100.0%	$3.2M	$0-100.0%	$100K	$0

FIBK Financial Ratios

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Gross Margin	N/A	N/A	N/A	N/A	N/A	N/A
Operating Margin	N/A	N/A	N/A	N/A	N/A	N/A
Net Margin	25.7%+8.3pp	17.3%-2.8pp	20.1%+0.3pp	19.8%-18.1pp	37.9%+7.2pp	30.7%
Return on Equity	8.8%+1.9pp	6.8%-1.1pp	8.0%+1.4pp	6.6%-3.1pp	9.7%+1.4pp	8.2%
Return on Assets	1.1%+0.3pp	0.8%-0.1pp	0.8%+0.2pp	0.6%-0.3pp	1.0%+0.1pp	0.9%
Current Ratio	N/A	N/A	N/A	N/A	N/A	N/A
Debt-to-Equity	0.040.0	0.040.0	0.030.0	0.03-0.0	0.050.0	0.05
FCF Margin	N/A	N/A	N/A	N/A	N/A	N/A

Metric	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24
Gross Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Operating Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Net Margin	22.2%-16.0pp	38.1%+13.7pp	24.4%+0.4pp	24.1%+7.5pp	16.6%+0.6pp	16.0%-0.9pp	16.9%-1.6pp	18.5%
Return on Equity	1.8%-1.4pp	3.2%+1.1pp	2.1%-0.0pp	2.1%+0.6pp	1.5%-0.1pp	1.6%-0.1pp	1.7%-0.2pp	1.9%
Return on Assets	0.2%-0.2pp	0.4%+0.2pp	0.3%0.0pp	0.3%+0.1pp	0.2%0.0pp	0.2%-0.0pp	0.2%-0.0pp	0.2%
Current Ratio	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Debt-to-Equity	6.87+6.8	0.040.0	0.04-0.0	0.07-7.3	7.41+7.4	0.040.0	0.04-0.1	0.12
FCF Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

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Frequently Asked Questions

What is First Interstate Bancsystem's annual revenue?

First Interstate Bancsystem (FIBK) reported $1.2B in total revenue for fiscal year 2025. This represents a -9.6% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

How fast is First Interstate Bancsystem's revenue growing?

First Interstate Bancsystem (FIBK) revenue declined by 9.6% year-over-year, from $1.3B to $1.2B in fiscal year 2025.

Is First Interstate Bancsystem profitable?

Yes, First Interstate Bancsystem (FIBK) reported a net income of $302.1M in fiscal year 2025, with a net profit margin of 25.7%.

How much debt does First Interstate Bancsystem have?

As of fiscal year 2025, First Interstate Bancsystem (FIBK) had $1.3B in cash and equivalents against $146.3M in long-term debt.

What is First Interstate Bancsystem's net profit margin?

First Interstate Bancsystem (FIBK) had a net profit margin of 25.7% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.

Does First Interstate Bancsystem pay dividends?

Yes, First Interstate Bancsystem (FIBK) paid $1.88 per share in dividends during fiscal year 2025.

What is First Interstate Bancsystem's return on equity (ROE)?

First Interstate Bancsystem (FIBK) has a return on equity of 8.8% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.

What is First Interstate Bancsystem's operating cash flow?

First Interstate Bancsystem (FIBK) generated $305.6M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.

What are First Interstate Bancsystem's total assets?

First Interstate Bancsystem (FIBK) had $26.6B in total assets as of fiscal year 2025, including both current and long-term assets.

Does First Interstate Bancsystem buy back shares?

Yes, First Interstate Bancsystem (FIBK) spent $121.9M on share buybacks during fiscal year 2025, returning capital to shareholders by reducing shares outstanding.

How many shares does First Interstate Bancsystem have outstanding?

First Interstate Bancsystem (FIBK) had 101M shares outstanding as of fiscal year 2025.

What is First Interstate Bancsystem's debt-to-equity ratio?

First Interstate Bancsystem (FIBK) had a debt-to-equity ratio of 0.04 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.

What is First Interstate Bancsystem's return on assets (ROA)?

First Interstate Bancsystem (FIBK) had a return on assets of 1.1% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.

What is First Interstate Bancsystem's Piotroski F-Score?

First Interstate Bancsystem (FIBK) has a Piotroski F-Score of 5 out of 9, indicating neutral financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Are First Interstate Bancsystem's earnings high quality?

First Interstate Bancsystem (FIBK) has an earnings quality ratio of 1.01x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.

How financially healthy is First Interstate Bancsystem?

First Interstate Bancsystem (FIBK) scores 26 out of 100 on our Financial Profile, indicating weak overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.