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First Interstate BancSystem Redeems 5.25% Subordinated Notes

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First Interstate BancSystem Redeems 5.25% Subordinated Notes

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

On August 15, 2025, First Interstate BancSystem, Inc. redeemed all of its outstanding 5.25% Fixed-to-Floating Rate Subordinated Notes due 2030, effectively releasing itself from obligations under these notes. This strategic financial maneuver was executed in accordance with the terms of the Indenture and its supplements, allowing the company to focus on its remaining financial obligations, including its outstanding 7.625% Fixed-to-Floating Rate Subordinated Notes due 2035.

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: 925,648

Technical Sentiment Signal: Strong Buy

Current Market Cap: $3.15B

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

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