
FIBK Stock Forecast & Price Target
FIBK Analyst Ratings
Bulls say
First Interstate BancSystem Inc. demonstrated robust financial performance, highlighted by a 4.3% increase in spread income to $214.3 million, surpassing forecasts by $9.2 million. Additionally, total deposits grew by 2.6% quarter-over-quarter, reflecting strong demand in interest-bearing balances, and the net interest margin (NIM) expanded 16 basis points to 3.20%, exceeding expectations. Looking ahead to 2025, the bank anticipates modest growth, with core NIM improvements indicating an effective strategy in managing interest income and enhancing profitability.
Bears say
First Interstate BancSystem Inc. is experiencing fundamental challenges reflected in a 4.0% decline in held-for-investment (HFI) loan balances, which significantly fell short of anticipated growth. The company's loan portfolio appears to be under pressure, particularly with indirect auto loans projected to shrink by 30-40% in FY25, contributing to an overall stagnation in year-over-year end-of-period loans. Furthermore, the potential risks of economic deterioration in the Inland Northwest and a severe decline in credit quality raise concerns about the sustainability of profitability and growth, negatively impacting the company's financial outlook.
This aggregate rating is based on analysts' research of First Interstate BancSystem and is not a guaranteed prediction by Public.com or investment advice.
FIBK Analyst Forecast & Price Prediction
Start investing in FIBK
Order type
Buy in
Order amount
Est. shares
0 shares