Industry Revenues:

• Financial services: 100% (2025)

TOP 3 Markets:

1. Montana: approx. 35%
2. Wyoming: approx. 25%
3. South Dakota: approx. 15%

First Interstate BancSystem, Inc. is a regional bank company mainly engaged in financial services. Revenues come entirely from this industry as the company offers banking services such as loans, deposits, and other financial products.

The company's main markets are the states of Montana, Wyoming, and South Dakota, where it has a strong presence and customer base. These markets contribute the majority of the company's revenues, with Montana being the largest individual market.

Production of Products: Not applicable

First Interstate BancSystem, Inc. is a financial services company and not a production company. It offers banking services such as deposits, loans, and asset management. Therefore, it does not produce physical products but provides financial services in the regions it serves.

Revenue Growth: Estimated 5-7% annually (2025-2027)

Profit Growth: Estimated 4-6% annually (2025-2027)

First Interstate BancSystem, Inc. pursues a growth strategy based on geographic expansion and strengthening its digital services. The company plans to expand its presence in the western states of the USA through targeted acquisitions and the opening of new branches.

Another focus is on improving digital platforms to meet changing customer needs and increase efficiency. This includes investments in mobile banking solutions and process automation.

Additionally, the company is focusing on diversifying its sources of income by expanding its range of financial services, including asset management and insurance products. This strategy aims to reduce dependence on traditional interest income and increase revenue stability.

Current data on commodity imports: Not specifically available (2025)

First Interstate BancSystem, Inc. is a financial services company and not a manufacturing firm, therefore it does not import commodities or materials for production purposes. Financial institutions like FIBK are mainly engaged in providing banking services such as lending, deposit management, and financial advisory.

However, if they were to invest in real estate or other specific projects, commodities could be indirectly sourced through partner companies. However, this information would be project-specific and not directly related to FIBK's core business.

Return on Equity (ROE): 9.8% (2024)
Net Interest Margin: 3.2% (2024)
Market Share in the Region: 5% (estimated, 2024)

First Interstate BancSystem, Inc. has a moderate competitive advantage in its region. The return on equity of 9.8% indicates that the company is able to achieve a solid return on invested capital, which is an indicator of efficient management and good business practices.

The net interest margin of 3.2% suggests that the company is able to generate a reasonable profit from its interest operations, which is advantageous in a competitive market environment.

The estimated market share of 5% in its region indicates that the company has a significant presence, but there is still room for growth and improvement. The competitive advantage could be further strengthened through targeted expansions and the introduction of innovative financial products.

Institutional Investor Share: 78% (estimated for 2025)
Insider Buys/Sells: No significant changes in the last year (estimated for 2025)

The institutional investor share in First Interstate BancSystem, Inc. is estimated to be around 78%. This demonstrates the confidence of large investors in the company's stability and growth potential.

Regarding insider buys and sells, there have been no significant changes in the last year. This suggests that the management and other insiders currently do not anticipate any major shifts in the company's valuation or future prospects.

Market share of First Interstate BancSystem, Inc.: Estimate: approximately 2-3% in the regional banking market (2025)

Top competitors and market shares:

1. JPMorgan Chase & Co.: approximately 10-12%
2. Bank of America Corp.: approximately 8-10%
3. Wells Fargo & Co.: approximately 7-9%
4. Citigroup Inc.: approximately 5-7%
5. U.S. Bancorp: approximately 4-6%
6. PNC Financial Services Group, Inc.: approximately 3-5%
7. Truist Financial Corporation: approximately 3-5%
8. First Interstate BancSystem, Inc.: approximately 2-3%

Economic moat of First Interstate BancSystem, Inc.:

First Interstate BancSystem, Inc. has a moderate economic moat, primarily attributed to its strong regional presence and customer loyalty in the western states of the USA. This regional focus enables the company to better serve specific market needs compared to larger national banks.

However, in comparison to major national banks like JPMorgan Chase or Bank of America, which have extensive resources and a wide range of services, the economic moat of First Interstate is less pronounced. These larger banks benefit from economies of scale, broader geographic coverage, and stronger brand recognition.

In summary, First Interstate BancSystem, Inc. is competitive in its specific market segment, but possesses a less significant economic moat compared to the national giants. The competitive advantage lies mainly in regional expertise and the ability to address local customer needs.

Revenue Growth: 6.8% (2024)
Profit Growth: 5.2% (2024)
Return on Equity: 9.5% (2024)

First Interstate BancSystem, Inc. achieved a moderate revenue growth of 6.8% in 2024, indicating a solid business strategy and effective market positioning. The profit growth of 5.2% shows that the company is able to increase its profitability despite a challenging economic environment.

The return on equity of 9.5% suggests that the company efficiently utilizes its resources to generate profits. This is a positive sign for investors looking for companies with a solid return on capital.

In summary, First Interstate BancSystem, Inc. can be considered a potentially good investment due to its stable financial performance and ability to grow in a competitive market. However, investors should also consider external factors and market conditions before making a final decision.

Dividend Yield: 4.2% (2025, estimated)
Dividend History: Continuous payout over the last 5 years

First Interstate BancSystem, Inc. is known for its reliable dividend policy. The company has consistently distributed dividends in recent years, indicating a stable financial foundation and solid earnings.

The estimated dividend yield of 4.2% in 2025 shows that the company offers its shareholders an attractive return. This reliability in payout suggests that First Interstate BancSystem, Inc. will also strive to maintain a consistent dividend policy in the future as long as economic conditions remain stable.