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First Interstate BancSystem Inc (FIBK) Files 10-K for the Fiscal Year Ended on December 31, 2018

- By insider

First Interstate BancSystem Inc (FIBK) files its latest 10-K with SEC for the fiscal year ended on December 31, 2018. First Interstate BancSystem Inc is a financial and bank holding company. It delivers a range of banking products and services to individuals, businesses, municipalities and other entities. First Interstate BancSystem Inc has a market cap of $2.53 billion; its shares were traded at around $41.73 with a P/E ratio of 15.07 and P/S ratio of 4.30. The dividend yield of First Interstate BancSystem Inc stocks is 2.77%.


For the last quarter First Interstate BancSystem Inc reported a revenue of $153.2 million, compared with the revenue of $138.0 million during the same period a year ago. For the latest fiscal year the company reported a revenue of $575.8 million, an increase of 17.1% from last year. For the last five years First Interstate BancSystem Inc had an average revenue growth rate of 10.6% a year.

The reported diluted earnings per share was $2.77 for the year, an increase of 35.1% from previous year. Over the last five years First Interstate BancSystem Inc had an EPS growth rate of 6.2% a year. The profitability rank of the company is 4 (out of 10).

At the end of the fiscal year, First Interstate BancSystem Inc has the cash and cash equivalents of $822.0 million, compared with $758.8 million in the previous year. The long term debt was $102.7 million, compared with $95.6 million in the previous year. The interest coverage to the debt is 1.6, which is not a favorable level. First Interstate BancSystem Inc has a financial strength rank of 5 (out of 10).

At the current stock price of $41.73, First Interstate BancSystem Inc is traded at 30.3% premium to its historical median P/S valuation band of $32.03. The P/S ratio of the stock is 4.30, while the historical median P/S ratio is 3.28. The stock gained 4.72% during the past 12 months.

For the complete 20-year historical financial data of FIBK, click here.

This article first appeared on GuruFocus.