First Interstate BancSystem Appoints New Board Director

First Interstate Bancsystem ( (FIBK) ) has issued an announcement.

On August 13, 2025, First Interstate BancSystem, Inc. appointed Mr. Michael L. Scudder as a Class I director on its Board, with his term set to expire at the 2028 annual meeting of shareholders. Mr. Scudder, who retired as Executive Chairman of Old National Bancorp in January 2024, brings extensive experience from his 38-year career in commercial banking, including leadership roles at First Midwest Bancorp. His appointment fills a vacancy created by the Board’s decision to expand its size, and he is deemed independent under NASDAQ rules. Mr. Scudder will receive compensation similar to other non-employee directors and has not yet been assigned to any committees.

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 strong financial performance and positive earnings call sentiment are the primary drivers of its stock score. The attractive valuation and stable technical indicators further support the score, though caution is warranted due to challenges in loan volumes and criticized loans.

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

More about First Interstate Bancsystem

Average Trading Volume: 925,091

Technical Sentiment Signal: Strong Buy

Current Market Cap: $3.21B

For an in-depth examination of FIBK stock, go to TipRanks’ Overview page.