First Interstate BancSystem (FIBK) financial statements
First Interstate BancSystem reported revenue of $1.1B in fiscal 2025, up 10.9% a year over 9 years.
Net income was $302M.
The diluted share count rose 129% over the period (dilution).
Revenue and free cash flow
Fiscal years, $ billions.
Income statement
Fiscal years, from First Interstate BancSystem's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $416M | $492M | $571M | $638M | $654M | $639M | $1.1B | $1.0B | $1000M | $1.1B |
| Interest expense | $18M | $28M | $41M | $59M | $27M | $17M | $79M | $401M | — | — |
| Pre-tax income | $145M | $157M | $206M | $235M | $209M | $248M | $257M | $337M | $294M | $392M |
| Income tax | $50M | $50M | $46M | $54M | $48M | $56M | $55M | $79M | $68M | $90M |
| Net income | $96M | $106M | $160M | $181M | $161M | $192M | $202M | $258M | $226M | $302M |
| EPS (diluted) | $2.13 | $2.05 | $2.75 | $2.83 | $2.53 | $3.11 | $1.96 | $2.48 | $2.19 | $2.94 |
| Diluted shares | 45M | 52M | 58M | 64M | 64M | 62M | 103M | 104M | 103M | 103M |
| Net margin | 23.0% | 21.7% | 28.0% | 28.4% | 24.7% | 30.1% | 18.3% | 25.1% | 22.6% | 28.5% |
Balance sheet
Fiscal years, from First Interstate BancSystem's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and short-term investments | $782M | $759M | $822M | $1.1B | $2.3B | $2.3B | $870M | $578M | $897M | $1.3B |
| Property, plant and equipment | $194M | $242M | $245M | $306M | $312M | $300M | $445M | $444M | $427M | $407M |
| Goodwill | $547M | $622M | $547M | $622M | $622M | $622M | $1.1B | $1.1B | $1.1B | $1.1B |
| Total assets | $9.1B | $12.2B | $13.3B | $14.6B | $17.6B | $19.7B | $32.3B | $30.7B | $29.1B | $26.6B |
| Long-term debt | $28M | $13M | $16M | $14M | $112M | $112M | $121M | $121M | $132M | $146M |
| Total liabilities | $8.1B | $10.8B | $11.6B | $12.6B | $15.7B | $17.7B | $29.2B | $27.4B | $25.8B | $23.2B |
| Shareholders' equity | $983M | $1.4B | $1.7B | $2.0B | $2.0B | $2.0B | $3.1B | $3.2B | $3.3B | $3.4B |
| Net debt | -$754M | -$746M | -$806M | -$1.1B | -$2.2B | -$2.2B | -$750M | -$457M | -$764M | -$1.2B |
Cash flow
Fiscal years, from First Interstate BancSystem's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $118M | $155M | $219M | $127M | $268M | $282M | $534M | $428M | $355M | $306M |
| Stock-based compensation | $4M | $4M | $6M | $8M | $8M | $9M | $10M | $5M | $12M | $13M |
| Dividends paid | $39M | $49M | $64M | $79M | $129M | $102M | $182M | $195M | $196M | $194M |
| Share buybacks (net) | -$27M | -$1M | -$1M | -$2M | -$117M | -$5M | -$199M | -$34M | -$1M | -$122M |
| Net borrowing | $0 | $100,000 | -$26M | -$4M | — | — | — | — | — | — |
| Dividends per share | $0.88 | $0.94 | $1.10 | $1.24 | $2.02 | $1.65 | $1.76 | $1.88 | $1.90 | $1.89 |
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What was First Interstate BancSystem's revenue in 2025?
$1.1B in fiscal 2025, from its 10-K filing.
From First Interstate BancSystem's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.