
FIBK Stock Forecast & Price Target
FIBK Analyst Ratings
Bulls say
First Interstate BancSystem Inc demonstrated strong financial performance with a 4.3% increase in spread income, reaching $214.3 million, exceeding prior forecasts by $9.2 million. Additionally, a 2.7% quarter-over-quarter rise in deposits, largely driven by increased interest-bearing balances, underscores the bank's solid growth trajectory amid stable non-interest bearing levels. The company is poised for modest growth in 2025, with a net interest margin that expanded 16 basis points to 3.20%, surpassing estimates and indicating effective operational strategies in managing loan yields and interest-bearing deposits.
Bears say
The financial performance of First Interstate BancSystem Inc indicates a concerning trend, highlighted by a -4.0% decrease in held-for-investment (HFI) loan balances, significantly missing projected growth expectations of +2.0%. Additionally, the forecast for net interest income (NII) guidance fell short, compounded by the anticipated substantial decline in indirect auto loans and an overall seasonal dip in deposit growth alongside modest loan growth into 2025. These factors, alongside potential risks such as economic deterioration in the Inland Northwest and a notable decline in credit quality, contribute to a negative outlook on the company's stock performance.
This aggregate rating is based on analysts' research of First Interstate BancSystem and is not a guaranteed prediction by Public.com or investment advice.
FIBK Analyst Forecast & Price Prediction
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