First Interstate BancSystem Announces Branch Sales Strategy

First Interstate Bancsystem ( (FIBK) ) has shared an update.

First Interstate BancSystem, Inc. announced that it will be using a presentation during investor meetings starting June 2, 2025. The presentation, which is available on the company’s website, outlines the company’s financial highlights and strategic positioning, including its planned sale of 12 branches in Arizona and Kansas to Enterprise Bank & Trust. This move is part of the company’s strategy to focus on its core markets, potentially impacting its market share and operational focus.

The most recent analyst rating on (FIBK) stock is a Sell with a $28.00 price target. To see the full list of analyst forecasts on First Interstate Bancsystem stock, see the FIBK Stock Forecast page.

Spark’s Take on FIBK Stock

According to Spark, TipRanks’ AI Analyst, FIBK is a Outperform.

First Interstate Bancsystem’s overall score reflects its solid financial performance and attractive valuation, though moderated by neutral earnings call sentiment and moderate technical indicators. The company’s strategic actions, such as branch sales, support capital optimization but face challenges in credit management.

To see Spark’s full report on FIBK stock, click here.

More about First Interstate Bancsystem

First Interstate BancSystem, Inc. is a premier community banking institution operating in the growing markets of the Midwest and Pacific Northwest. The company offers a range of financial services, with a strong focus on community banking, and maintains a network of approximately 300 banking offices. As of March 31, 2025, it has assets totaling $28.3 billion, with a significant presence in various metropolitan statistical areas.

Average Trading Volume: 905,690

Technical Sentiment Signal: Sell

Current Market Cap: $2.85B

For a thorough assessment of FIBK stock, go to TipRanks’ Stock Analysis page.