First Interstate BancSystem, Inc.
fibk.comWhat Do They Do?
Provides community banking services—including loans, deposit accounts, and wealth management—to individuals, businesses, and government or nonprofit organizations.
10-K for FY2025, filed Feb 26, 2026We have one operating segment—community banking. The Company’s chief operating decision maker is its Chief Executive Officer who is charged…View ↗
We offer real estate, consumer, commercial, agricultural, and other loans to individuals, government entities, and businesses in our market…View ↗
We provide a wide range of trust, employee benefit, investment management, insurance, agency, and custodial services to individuals…View ↗
How Do They Make Money?
Earns most of its income from interest charged on loans, with additional interest and dividends from investments and fees for banking, wealth management, mortgage, and payment services. Fees arrive as account activity or services are completed; wealth-management asset fees are charged monthly or periodically.
10-K for FY2025, filed Feb 26, 2026Our principal business activity is lending to, accepting deposits from, and conducting financial transactions for individuals, businesses…View ↗
Revenue Recognition. The Company recognizes revenue as it is earned based on contractual terms, as transactions occur, or as services are…View ↗
Wealth management and trust fee income included within wealth management revenues within the consolidated statements of income represents…View ↗
Service charges on deposit accounts represent general service fees for account maintenance and activity- or transaction-based fees and…View ↗
Payment services revenue includes interchange and other fees earned whenever the Company’s debit and credit cards are processed through…View ↗
$1.2B
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10-K for FY2025, filed Feb 26, 2026
$1.2B ↗
Who Are Their Customers?
Serves individuals, businesses, and government or nonprofit organizations through its bank, using local banking offices and online and mobile channels.
10-K for FY2025, filed Feb 26, 2026We are a financial and bank holding company focused on community banking. Since our incorporation in Montana in 1971, we have grown both…View ↗
We have one operating segment—community banking. The Company’s chief operating decision maker is its Chief Executive Officer who is charged…View ↗
Segment Reporting. An operating segment is defined as a component of a business for which separate financial information is available that…View ↗
Do Revenues Turn Into Profits?
Yes. It kept 26 cents of every revenue dollar as net income in FY2025.
10-K for FY2025, filed Feb 26, 2026
10-K for FY2025, filed Feb 26, 2026
$302.1MView ↗
How Are They Changing?
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Jul 23, 2026
Completed sale of Nebraska branches
The sale generated a $19.5 million gain.
Sources
8-K, filed Jul 23, 2026
Completed the sale of eleven Nebraska branches on April 10, 2026 resulting in a gain of $19.5 million for the second quarter of 2026. Net…View ↗
Growing. Revenue grew 2.3x in 4 years, from $506.5M in FY2021 to $1.2B in FY2025, about 23% a year.
Indirect lending
The earlier report listed indirect consumer loan purchasing and processing as a centralized activity; the latest says it stopped originating indirect loans, moving away from that lending channel.
10-K for FY2022, filed Feb 24, 2023 10-K for FY2025, filed Feb 26, 2026marketing; credit review; loan servicing; credit card issuance and servicing; mortgage loan sales and servicing; indirect consumer loan…View ↗
We have further aligned select products and activities with our strategic plan, emphasizing relationship-based business and disciplined…View ↗
Consumer credit cards
The earlier report listed credit card issuance and servicing as internal operations; the latest says it outsourced its consumer credit card portfolio and sold the related loans.
10-K for FY2022, filed Feb 24, 2023 10-K for FY2025, filed Feb 26, 2026marketing; credit review; loan servicing; credit card issuance and servicing; mortgage loan sales and servicing; indirect consumer loan…View ↗
In June 2025, we completed the outsourcing of our consumer credit card portfolio resulting in the sale of $74.2 million of consumer credit…View ↗
Market footprint
The earlier report listed Arizona and Kansas among its markets; the latest says it sold all branches there and plans to redirect resources toward markets aligned with its strategy.
10-K for FY2022, filed Feb 24, 2023 10-K for FY2025, filed Feb 26, 2026We are a financial and bank holding company focused on community banking. Since our incorporation in Montana in 1971, we have grown both…View ↗
Building on this foundation, we are executing a strategic plan intended to refocus capital investment, optimize our balance sheet and…View ↗
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