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First Interstate Bancsystem Completes $125M Subordinated Notes Offering

Story Highlights
  • First Interstate BancSystem completed a $125 million public offering of subordinated notes.
  • The notes, treated as Tier 2 capital, have redemption options starting in 2030, affecting the company’s capital structure.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
First Interstate Bancsystem Completes $125M Subordinated Notes Offering

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

On June 10, 2025, First Interstate BancSystem, Inc. completed a public offering of $125 million in subordinated notes due 2035, initially treated as Tier 2 capital for regulatory purposes. The notes, bearing a fixed-to-floating interest rate, are unsecured and subordinated, with redemption options starting June 15, 2030, subject to Federal Reserve approval, impacting the company’s capital structure and financial strategy.

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 is driven by strong financial performance and valuation metrics, supported by strategic corporate actions. Technical indicators and earnings call insights reflect a stable but cautious outlook, with credit quality challenges being a notable risk.

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

More about First Interstate Bancsystem

Average Trading Volume: 928,801

Technical Sentiment Signal: Sell

Current Market Cap: $2.93B

See more insights into FIBK stock on TipRanks’ Stock Analysis page.

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