First Interstate Number Of Shares Shorted vs. Shares Owned By Institutions

FIBK Stock  USD 33.84  0.23  0.68%   
Based on the measurements of profitability obtained from First Interstate's financial statements, First Interstate BancSystem is yielding more profit at this time then in previous quarter. It has a moderate probability of reporting better profitability numbers in January. Profitability indicators assess First Interstate's ability to earn profits and add value for shareholders. At this time, First Interstate's Days Sales Outstanding is quite stable compared to the past year. EV To Sales is expected to rise to 5.63 this year, although the value of Operating Cash Flow Sales Ratio will most likely fall to 0.27. At this time, First Interstate's Income Before Tax is quite stable compared to the past year. Total Other Income Expense Net is expected to rise to about 353.6 M this year, although the value of Income Tax Expense will most likely fall to about 44 M.
Current ValueLast YearChange From Last Year 10 Year Trend
Gross Profit Margin1.070.9302
Fairly Up
Slightly volatile
Net Profit Margin0.180.251
Way Down
Slightly volatile
Operating Profit Margin0.520.3283
Way Up
Pretty Stable
Pretax Profit Margin0.250.3283
Way Down
Pretty Stable
Return On Assets0.01080.0084
Significantly Up
Pretty Stable
Return On Equity0.120.0798
Way Up
Pretty Stable
For First Interstate profitability analysis, we use financial ratios and fundamental drivers that measure the ability of First Interstate to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well First Interstate BancSystem utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between First Interstate's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of First Interstate BancSystem over time as well as its relative position and ranking within its peers.
  

First Interstate's Revenue Breakdown by Earning Segment

Check out Investing Opportunities.
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.

First Interstate Ban Shares Owned By Institutions vs. Number Of Shares Shorted Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining First Interstate's current stock value. Our valuation model uses many indicators to compare First Interstate value to that of its competitors to determine the firm's financial worth.
First Interstate BancSystem is rated # 5 in number of shares shorted category among its peers. It is rated below average in shares owned by institutions category among its peers . The ratio of Number Of Shares Shorted to Shares Owned By Institutions for First Interstate BancSystem is about  28,998 . Comparative valuation analysis is a catch-all technique that is used if you cannot value First Interstate by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.

First Shares Owned By Institutions vs. Number Of Shares Shorted

Number of Shares Shorted is the total amount of shares that are currently sold short by investors. When a stock is sold short, the short seller assumes the responsibility of repurchasing the stock at a lower price. The speculator will make money if the stock goes down in price or will experience a loss if the stock price goes up.

First Interstate

Shares Shorted

 = 

Shorted by Public

+

by Institutions

 = 
2.31 M
If a large number of investors decide to short sell an equity instrument within a small period of time, their combined action can significantly affect the price of the stock.
Shares Owned by Institutions show the percentage of the outstanding shares of stock issued by a company that is currently owned by other institutions such as asset management firms, hedge funds, or investment banks. Many investors like investing in companies with a large percentage of the firm owned by institutions because they believe that larger firms such as banks, pension funds, and mutual funds, will invest when they think that good things are going to happen.

First Interstate

Shares Held by Institutions

 = 

Funds and Banks

+

Firms

 = 
79.50 %
Since Institution investors conduct a lot of independent research they tend to be more involved and usually more knowledgeable about entities they invest as compared to amateur investors.

First Shares Owned By Institutions Comparison

First Interstate is currently under evaluation in shares owned by institutions category among its peers.

First Interstate Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in First Interstate, profitability is also one of the essential criteria for including it into their portfolios because, without profit, First Interstate will eventually generate negative long term returns. The profitability progress is the general direction of First Interstate's change in net profit over the period of time. It can combine multiple indicators of First Interstate, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
Last ReportedProjected for Next Year
Accumulated Other Comprehensive Income-356.5 M-338.7 M
Operating Income336.8 M210.2 M
Income Before Tax336.8 M353.6 M
Total Other Income Expense Net336.8 M353.6 M
Net Income257.5 M270.4 M
Income Tax Expense79.3 M44 M
Net Income Applicable To Common Shares232.5 M117.6 M
Net Income From Continuing Ops281.8 M204.3 M
Net Interest Income929.4 M571.8 M
Interest Income1.3 B632.2 M
Change To Netincome105.5 M110.7 M
Net Income Per Share 2.48  1.57 
Income Quality 1.66  1.32 
Net Income Per E B T 0.76  0.55 

First Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on First Interstate. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of First Interstate position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the First Interstate's important profitability drivers and their relationship over time.

Use First Interstate in pair-trading

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if First Interstate position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in First Interstate will appreciate offsetting losses from the drop in the long position's value.

First Interstate Pair Trading

First Interstate BancSystem Pair Trading Analysis

The ability to find closely correlated positions to First Interstate could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace First Interstate when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back First Interstate - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling First Interstate BancSystem to buy it.
The correlation of First Interstate is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as First Interstate moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if First Interstate Ban moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for First Interstate can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Use Investing Themes to Complement your First Interstate position

In addition to having First Interstate in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

Did You Try This Idea?

Run Buywrite ETFs Thematic Idea Now

Buywrite ETFs
Buywrite ETFs Theme
ETF themes focus on helping investors to gain exposure to a broad range of assets, diversify, and lower overall costs. The Buywrite ETFs theme has 25 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Buywrite ETFs Theme or any other thematic opportunities.
View All  Next Launch
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.
You can also try the Analyst Advice module to analyst recommendations and target price estimates broken down by several categories.
To fully project First Interstate's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of First Interstate Ban at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include First Interstate's income statement, its balance sheet, and the statement of cash flows.
Potential First Interstate investors and stakeholders can use historical trends found within financial statements to determine how well the company is positioned for the future. Although First Interstate investors may work on each financial statement separately, they are all related. The changes in First Interstate's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on First Interstate's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.