First Historical Income Statement

FIBK Stock  USD 34.07  0.37  1.07%   
Historical analysis of First Interstate income statement accounts such as Selling General Administrative of 391.4 M or Total Revenue of 139.7 M can show how well First Interstate BancSystem performed in making a profits. Evaluating First Interstate income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of First Interstate's future profits or losses.
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Financial Statement Analysis is much more than just reviewing and examining First Interstate Ban latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether First Interstate Ban is a good buy for the upcoming year.
  
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in First Interstate BancSystem. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.

About First Income Statement Analysis

First Interstate Ban Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to First Interstate shareholders. The income statement also shows First investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

First Interstate Income Statement Chart

At this time, First Interstate's Total Other Income Expense Net is quite stable compared to the past year. Net Income is expected to rise to about 270.4 M this year, although the value of Other Operating Expenses will most likely fall to about 68 M.

Total Revenue

Total revenue comprises all receipts First Interstate Ban generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of First Interstate BancSystem minus its cost of goods sold. It is profit before First Interstate operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.
Most accounts from First Interstate's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into First Interstate Ban current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in First Interstate BancSystem. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.
At this time, First Interstate's Total Other Income Expense Net is quite stable compared to the past year. Net Income is expected to rise to about 270.4 M this year, although the value of Other Operating Expenses will most likely fall to about 68 M.
 2021 2022 2023 2024 (projected)
Interest Expense17.3M78.9M656.8M689.6M
Depreciation And Amortization37.9M51M15.7M18.4M

First Interstate income statement Correlations

0.060.540.650.590.220.580.260.48-0.420.43-0.130.470.240.250.18-0.120.50.250.640.480.04-0.03
0.060.76-0.47-0.57-0.360.390.510.450.80.730.850.710.410.160.31-0.880.50.790.580.680.61-0.95
0.540.760.20.09-0.120.820.750.80.240.940.60.950.66-0.010.61-0.680.80.790.910.880.53-0.71
0.65-0.470.20.990.360.540.240.4-0.90.15-0.470.190.22-0.170.330.470.33-0.130.370.18-0.20.48
0.59-0.570.090.990.410.460.170.33-0.940.06-0.530.10.17-0.190.290.540.27-0.210.270.08-0.240.56
0.22-0.36-0.120.360.410.00.10.17-0.460.03-0.070.060.03-0.070.250.270.39-0.16-0.09-0.140.150.34
0.580.390.820.540.460.00.880.94-0.150.80.270.810.8-0.110.72-0.330.760.720.940.890.39-0.24
0.260.510.750.240.170.10.880.970.110.820.510.830.88-0.240.87-0.490.790.80.810.850.66-0.34
0.480.450.80.40.330.170.940.97-0.030.850.420.870.85-0.180.84-0.450.840.770.880.870.6-0.3
-0.420.80.24-0.9-0.94-0.46-0.150.11-0.030.260.710.220.080.16-0.06-0.750.010.470.040.210.4-0.78
0.430.730.940.150.060.030.80.820.850.260.71.00.77-0.190.76-0.70.860.80.810.810.58-0.69
-0.130.850.6-0.47-0.53-0.070.270.510.420.710.70.680.460.020.46-0.710.50.720.410.530.72-0.81
0.470.710.950.190.10.060.810.830.870.221.00.680.75-0.150.76-0.680.880.790.830.820.58-0.67
0.240.410.660.220.170.030.80.880.850.080.770.460.75-0.430.81-0.450.620.780.70.750.51-0.26
0.250.16-0.01-0.17-0.19-0.07-0.11-0.24-0.180.16-0.190.02-0.15-0.43-0.47-0.01-0.020.110.140.150.04-0.07
0.180.310.610.330.290.250.720.870.84-0.060.760.460.760.81-0.47-0.340.750.580.590.590.62-0.24
-0.12-0.88-0.680.470.540.27-0.33-0.49-0.45-0.75-0.7-0.71-0.68-0.45-0.01-0.34-0.48-0.74-0.47-0.56-0.530.86
0.50.50.80.330.270.390.760.790.840.010.860.50.880.62-0.020.75-0.480.650.750.710.54-0.46
0.250.790.79-0.13-0.21-0.160.720.80.770.470.80.720.790.780.110.58-0.740.650.810.910.65-0.6
0.640.580.910.370.27-0.090.940.810.880.040.810.410.830.70.140.59-0.470.750.810.970.51-0.42
0.480.680.880.180.08-0.140.890.850.870.210.810.530.820.750.150.59-0.560.710.910.970.62-0.48
0.040.610.53-0.2-0.240.150.390.660.60.40.580.720.580.510.040.62-0.530.540.650.510.62-0.47
-0.03-0.95-0.710.480.560.34-0.24-0.34-0.3-0.78-0.69-0.81-0.67-0.26-0.07-0.240.86-0.46-0.6-0.42-0.48-0.47
Click cells to compare fundamentals

First Interstate Account Relationship Matchups

First Interstate income statement Accounts

201920202021202220232024 (projected)
Depreciation And Amortization11.2M36.7M37.9M51M15.7M18.4M
Interest Expense59M26.6M17.3M78.9M656.8M689.6M
Selling General Administrative206.8M223.1M220.7M359.6M372.8M391.4M
Total Revenue644.9M653.7M638.7M1.1B147M139.7M
Gross Profit644.9M653.7M638.7M1.0B75.4M71.6M
Other Operating Expenses409.8M444.4M390.9M69.7M71.6M68.0M
Operating Income235.1M209.3M247.8M375.6M336.8M210.2M
Ebit235.1M209.3M206.1M237.8M336.8M202.2M
Ebitda246.3M246M244M288.8M336.8M219.8M
Total Operating Expenses(409.8M)(444.4M)(390.9M)(660.5M)261.4M274.5M
Income Before Tax235.1M209.3M247.8M257.1M336.8M353.6M
Total Other Income Expense Net235.1M(26.2M)(21M)(147.7M)336.8M353.6M
Net Income181M161.2M192.1M202.2M257.5M270.4M
Income Tax Expense54.1M48.1M55.7M54.9M79.3M44.0M
Cost Of Revenue39.0M0.045M69.7M71.6M47.9M
Net Income Applicable To Common Shares181M161.2M192.1M202.2M232.5M117.6M
Net Income From Continuing Ops289.2M257.4M192.1M202.2M281.8M204.3M
Tax Provision54.1M48.1M55.7M54.9M84.1M59.5M
Net Interest Income495M497M488.2M942.6M929.4M571.8M
Interest Income554M497M488.2M942.6M1.3B632.2M
Reconciled Depreciation38.7M45.1M9.9M15.9M54.6M33.0M

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.

Try AI Portfolio Architect
When determining whether First Interstate Ban is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if First Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about First Interstate Bancsystem Stock. Highlighted below are key reports to facilitate an investment decision about First Interstate Bancsystem Stock:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in First Interstate BancSystem. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.
You can also try the Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.
Is Regional Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of First Interstate. If investors know First will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about First Interstate listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.23)
Dividend Share
1.88
Earnings Share
2.28
Revenue Per Share
9.226
Quarterly Revenue Growth
(0.09)
The market value of First Interstate Ban is measured differently than its book value, which is the value of First that is recorded on the company's balance sheet. Investors also form their own opinion of First Interstate's value that differs from its market value or its book value, called intrinsic value, which is First Interstate's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because First Interstate's market value can be influenced by many factors that don't directly affect First Interstate's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between First Interstate's value and its price as these two are different measures arrived at by different means. Investors typically determine if First Interstate is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, First Interstate's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.