Recent Insider Trading: First Interstate BancSystem, Inc. $FIBK

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First Interstate BancSystem, Inc. (FIBK) insider have most recently took part in a trading activity. On Aug 31, 2017 Mutch Marcy D, Exec. Vice Pres. & CFO bought 500 shares having total worth of $17,650 at the price of $35.3 per share, following the transaction a total of 17,472 shares owned by Mutch Marcy D.

The stock has experienced a total of 1 insider trades in the past three months. These trades include 1 sell activities .Furthermore, over the past 12 months , the stock was traded 12 times by insiders. In 12 of these trades, the insider was a seller .

Time Frame Number of Insider Buy Number of Insider Sell Stock Price Change(%)
3 Month 0 1 -9.45%
12 Month 0 12 29.82%

Shares of First Interstate BancSystem, Inc. (FIBK) traded up 0.28% on Aug 30, 2017, hitting $35.4. 138,796 shares of the company’s stock traded hands. First Interstate BancSystem, Inc. has a 52 week low of $25.65 and a 52 week high of $44.23. The company’s market cap is $1,410 million.

First Interstate BancSystem, Inc. (FIBK) last announced its earnings results on Jul 26, 2017. The company reported 0.59 earnings per share (EPS) for the quarter, higher than the consensus estimate of 0.56 by $0.03. The company had revenue of $117 million for the quarter, compared to the consensus estimate of $116 million. During the same quarter in the previous year, the company posted 0.52 earnings per share. The company’s revenue for the quarter was up 11% on a year-over-year basis.

2017-07-26 2017-04-25 2017-01-26 2016-10-24 2016-07-25 2016-04-25 2016-01-27 2015-10-26 2015-07-20 2015-04-27
earnings per share 0.59 0.52 0.57 0.58 0.52 0.45 0.52 0.52 0.49 0.46
Revenue(M) 116.5 98 108.42 102.45 104.64 96.26 99.25 97.88 96.83 92.11

First Interstate BancSystem, Inc was incorporated in 1971 as a holding company. It is a financial and bank holding company for First Interstate Bank. Through the Bank, the Company delivers a range of banking products and services to individuals, businesses, municipalities and other entities throughout its market areas. The Company’s customers participate in a variety of industries, including energy, healthcare and professional services, education and governmental services, construction, mining, agriculture, retail and wholesale trade and tourism. The Company currently operates 71 banking offices in 42 communities located in Montana, Wyoming and western South Dakota. The Company’s loan portfolio consists of a mix of real estate, consumer, commercial, agricultural and other loans, including fixed and variable rate loans. The Company’s real estate loans comprise commercial real estate, construction including residential, commercial and land development loans, residential, agricultural and other real estate loans. Fluctuations in the loan portfolio are directly related to the economies of the communities. While each loan originated generally must meet minimum underwriting standards established in the company’s credit policies, lending officers are granted discretion within pre-approved limits in approving and pricing loans to assure that the banking offices are responsive to competitive issues and community needs in each market area. The Company funds its loan portfolio with the core deposits from its customers, generally without utilizing brokered deposits and with minimal reliance on wholesale funding sources. Commercial banking is very competitive, the company competes with other financial institutions located in Montana, Wyoming, South Dakota and adjoining states for deposits, loans and trust, employee benefit, investment and insurance accounts and with savings and loan associations, savings banks and credit unions for deposits and loans and large banks in major financial centers and other financial intermediaries, such as consumer finance companies, brokerage firms, mortgage banking companies, insurance companies, securities firms, mutual funds and certain government agencies as well as major retailers, all actively engaged in providing various types of loans and other financial services. The Company is subject to regulation under federal and state laws and the Bank Holding Company Act of 1956.

William White

William White is a financial writer. He graduated with a degree in Economics. He has contributed to major financial websites and print publications for over 8 years. He handles much of this site's news coverage for corporate insider activity, and occasionally cover other areas of financial sector.

About the Author

William White
William White is a financial writer. He graduated with a degree in Economics. He has contributed to major financial websites and print publications for over 8 years. He handles much of this site's news coverage for corporate insider activity, and occasionally cover other areas of financial sector.