First Interstate BancSystem (NASDAQ:FIBK) Stock: Insider Jonathan Scott Sells 5,000 Shares

First Interstate BancSystem, Inc. (NASDAQ:FIBK) major shareholder Jonathan Scott sold 5,000 shares of the stock in a transaction that occurred on Thursday, October 22nd. The shares were sold at an average price of $36.90, for a total transaction of $184,500.00. Following the completion of the transaction, the insider directly owned 812,738 shares of the company’s stock, valued at approximately $29,990,032.20. The trade was a 0.61% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Large shareholders that own 10% or more of a company’s shares are required to disclose their transactions with the SEC.

First Interstate BancSystem Price Performance

First Interstate BancSystem stock traded up $0.01 during mid-day trading on Friday, reaching $36.88. The company had a trading volume of 789,968 shares, compared to its average volume of 1,156,081. First Interstate BancSystem, Inc. has a fifty-two week low of $29.39 and a fifty-two week high of $40.60. The company has a current ratio of 0.69, a quick ratio of 0.69 and a debt-to-equity ratio of 0.09. The company has a market cap of $3.52 billion, a P/E ratio of 11.35 and a beta of 0.73. The business has a fifty day simple moving average of $36.55 and a 200 day simple moving average of $36.55.

First Interstate BancSystem (NASDAQ:FIBK) last posted its earnings results on Thursday, October 22nd. The financial services provider reported $0.65 earnings per share for the quarter, missing analysts’ consensus estimates of $0.92 by ($0.27). The company had revenue of $249.50 million for the quarter, compared to the consensus estimate of $247.93 million. First Interstate BancSystem had a return on equity of 9.55% and a net margin of 23.63%. On average, equities research analysts predict that First Interstate BancSystem, Inc. will post 2.88 earnings per share for the current year.

First Interstate BancSystem Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, November 13th. Investors of record on Tuesday, November 3rd will be issued a dividend of $0.47 per share. The ex-dividend date of this dividend is Tuesday, November 3rd. This represents a $1.88 annualized dividend and a dividend yield of 5.1%. First Interstate BancSystem’s dividend payout ratio (DPR) is 57.85%.

Institutional Trading of First Interstate BancSystem

Institutional investors and hedge funds have recently bought and sold shares of the stock. Root Financial Partners LLC bought a new stake in shares of First Interstate BancSystem in the 3rd quarter valued at about $25,000. Vest Financial LLC raised its position in shares of First Interstate BancSystem by 3.5% during the third quarter. Vest Financial LLC now owns 57,445 shares of the financial services provider’s stock worth $2,053,000 after acquiring an additional 1,925 shares during the last quarter. AdvisorNet Financial Inc raised its position in shares of First Interstate BancSystem by 18.1% during the third quarter. AdvisorNet Financial Inc now owns 6,055 shares of the financial services provider’s stock worth $208,000 after acquiring an additional 930 shares during the last quarter. GAMMA Investing LLC lifted its stake in shares of First Interstate BancSystem by 31.0% in the third quarter. GAMMA Investing LLC now owns 2,698 shares of the financial services provider’s stock worth $96,000 after acquiring an additional 639 shares during the period. Finally, Integrated Wealth Concepts LLC acquired a new position in shares of First Interstate BancSystem in the second quarter worth approximately $26,000. 88.71% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of brokerages have issued reports on FIBK. Benchmark raised First Interstate BancSystem to a “hold” rating in a report on Wednesday, September 23rd. Wells Fargo & Company reissued an “underweight” rating and set a $34.00 price target (down from $36.00) on shares of First Interstate BancSystem in a research note on Monday, August 10th. Wall Street Zen upgraded First Interstate BancSystem from a “sell” rating to a “hold” rating in a report on Saturday, October 10th. Barclays upped their price objective on First Interstate BancSystem from $37.00 to $38.00 and gave the company an “underweight” rating in a research note on Monday, October 5th. Finally, Weiss Ratings reiterated a “buy (b)” rating on shares of First Interstate BancSystem in a report on Monday, September 28th. Two research analysts have rated the stock with a Buy rating, four have assigned a Hold rating and three have given a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Reduce” and an average target price of $37.00.

First Interstate BancSystem News Summary

Here are the key news stories impacting First Interstate BancSystem this week:

• Positive Sentiment: First Interstate declared a quarterly dividend of $0.47 per share, equivalent to $1.88 annually and a yield of approximately 5.2%. The dividend may support investor interest in the regional bank, although shares go ex-dividend on November 3. First Interstate dividend details
• Neutral Sentiment: Third-quarter revenue was $249.5 million, slightly above the $247.9 million consensus estimate, indicating that top-line performance was broadly in line with expectations. First Interstate Q3 2026 revenue results
• Negative Sentiment: FIBK reported third-quarter EPS of $0.65, well below analyst estimates ranging from $0.70 to $0.92. Net income fell to $62.2 million from $71.4 million a year earlier, while EPS declined from $0.69, reinforcing concerns about weaker profitability. FIBK Q3 earnings flash
• Negative Sentiment: Although net interest margin improved to 3.53%, analysts highlighted weak core earnings growth, loan-portfolio contraction and a declining asset base. Branch sales also helped mask subdued underlying operating performance, leaving FIBK less competitive than some regional-bank peers. First Interstate falls short of expectations in Q3

First Interstate BancSystem Company Profile

First Interstate BancSystem, Inc is a financial holding company headquartered in Billings, Montana. Through its principal subsidiary, First Interstate Bank, the company provides community banking services to individuals, businesses, agricultural customers and governmental entities.

First Interstate Bank offers deposit accounts, consumer and commercial loans, mortgage lending, credit cards, cash-management and treasury-management services, online and mobile banking, and wealth-management and investment services.