FIRST INTERSTATE BANCSYSTEM INC
Close on Oct 19, 2026
- Market cap
- $3.36B
- P/E (TTM)
- 10.7
- Dividend yield
- 5.41%
About First Interstate Bancsystem
State Commercial Banks, SIC 6022
First Interstate BancSystem, Inc. is a financial and bank holding company that operates primarily through its subsidiary, First Interstate Bank. The organization operates within a single business segment focused on community banking, providing consumer, commercial, and governmental banking solutions. Its offerings encompass checking and savings deposit accounts, repurchase agreements, credit extensions, and mortgage origination and servicing. Additionally, the company delivers wealth management services, including personal trust administration, investment management, employee benefit services, and insurance planning. It serves individual consumers, businesses, government entities, and nonprofit organizations spanning diverse industries such as agriculture, healthcare, construction, retail, and technology.
The company delivers its banking solutions through a regional branch network comprising 290 banking offices and detached drive-up facilities across 12 western and midwestern states: Colorado, Idaho, Iowa, Minnesota, Missouri, Montana, Nebraska, North Dakota, Oregon, South Dakota, Washington, and Wyoming. Corporate headquarters operations and incorporation are based in Montana.
Summary of the business section of First Interstate Bancsystem's latest annual report, written by StockData.
Company profile
Company
- Legal name
- FIRST INTERSTATE BANCSYSTEM INC
- Founded
- 1971
- Headquarters
- Billings, MT
- Address
- 401 No 31st Street 59101
- Phone
- (406) 255-5311
- Website
- www.firstinterstatebank.com
- Employees
- 3,376, Dec 31, 2025
- Industry
- State Commercial Banks
- Incorporated in
- Delaware
- Fiscal year ends
- December 31
- Auditor
- RSM US LLP, Des Moines, Iowa
Stock & identifiers
- Ticker
- FIBK
- Exchange
- Nasdaq
- Shares outstanding
- 95M, Jul 30, 2026
- Public float
- $2.60B, Jun 30, 2025
- Filer category
- Large accelerated filer
- SEC CIK
- 860413
- CUSIP
- 32055Y201
- ISIN
- US32055Y2019
- LEI
- 549300WRWYTYX0RCNJ43
- EIN
- 81-0331430
Executives and directors
Officers and directors who filed ownership reports (Forms 3, 4, 5) in the last two years
| Name | Position | Shares owned |
|---|---|---|
| James A. Reuter | President and CEO, Director | 86,904 |
| Christopher L. Shepler | Chief Banking Officer | 13,018 |
| Jeffery D. Lee | Chief Operations Officer | 5,417 |
| Lori Meyer | EVP, Chief Information Officer | 17,749 |
| Camera David Della | Chief Financial Officer | 30,048 |
| Ryan J. Boschee | Chief Credit Officer | 16,777 |
| Jolyn M. Kanning | Chief Risk Officer | 14,669 |
| Kirk D. Jensen | General Counsel | 53,550 |
| Kristina Robbins | EVP, Chief Operations Officer | 27,757 |
| Nathan R. Jones | Chief Risk Officer | 3,843 |
| Marcy D. Mutch | Exec. Vice Pres. & CFO | 118,585 |
| Lorrie F. Asker | Chief Banking Officer | 25,842 |
| Matthew John Ritter | Director | 1,806 |
| Brian Kevin Turner | Director | 1,806 |
| Jeremy Scott | Director | 6,948,324 |
| Daniel A. Rykhus | Director | 53,403 |
| Michael L. Scudder | Director | 4,126 |
| Renu Agrawal | Director | 4,074 |
| John M. Heyneman Jr | Director | 3,084,859 |
| Biff Bowman | Director | 32,148 |
| Dennis L. Johnson | Director | 30,703 |
| Joyce Ann Phillips | Director | 20,991 |
| James R. Scott Jr | Director | 2,282,685 |
| Alice S. Cho | Director | 23,377 |
| Patricia L. Moss | Director | 40,398 |
CEO pay and shareholder return
Pay versus performance table from the proxy statement
| Fiscal year | CEO total pay | CEO pay actually paid | Other executives (avg) | Value of $100 invested | Peer group |
|---|---|---|---|---|---|
| FY2025 James Reuter | $4.62M | $4.68M | $1.13M | $112 | $153 |
| FY2025 Kevin Riley | $0 | $0 | $1.13M | $112 | $153 |
| FY2024 James Reuter | $2.54M | $2.69M | $1.28M | $99 | $143 |
| FY2024 Kevin Riley | $4.87M | $4.32M | $1.28M | $99 | $143 |
| FY2023 James Reuter | $0 | $0 | $836.00K | $88 | $127 |
| FY2023 Kevin Riley | $3.38M | $1.95M | $836.00K | $88 | $127 |
“Actually paid” adjusts reported pay for changes in the value of equity awards. Shareholder return assumes $100 invested at the start of the measurement period, as disclosed by the company.
Employees
Headcount reported in annual reports
“As of December 31, 2025, we employed 3,376 employees, with none represented by a collective bargaining agreement.”
Corporate history
Events identified from SEC filings