FIBKNasdaqState Commercial BanksFiscal year ends December 31
FIRST INTERSTATE BANCSYSTEM INC
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Aug 3, 2026
$34.73−0.09 (-0.26%)
Close on Oct 19, 2026
- Market cap
- $3.36B
- P/E (TTM)
- 10.7
- Dividend yield
- 5.41%
Ownership
Institutional holdings as of Jun 30, 2026, from 13F filings
Held by institutions
95.8%
91M of 95M shares
Institutional holders
298
39 new, 24 sold out
Net institutional buying
-1M
In Q2 2026
Insider trades, 12 months
0 buys · 21 sales
Net sold $8.19M
Shares held by institutions
Holders of more than 5%
Latest Schedule 13D (active) or 13G (passive) filed by each holder
| Holder | Shares | % of class | Filing | As of |
|---|---|---|---|---|
| FMR LLC | 6,786,334 | 6.50% | 13G (passive) | Dec 31, 2024 |
| State Street Corporation | 6,250,817 | 6.40% | 13G (passive) | Jun 30, 2026 |
| Wellington Group Holdings LLP | 5,915,425 | 5.60% | 13G (passive) | Sep 30, 2025 |
| Vanguard Portfolio Management | 5,523,702 | 5.46% | 13G (passive) | Mar 31, 2026 |
| Dimensional Fund Advisors LP | 5,416,568 | 5.20% | 13G (passive) | Jun 30, 2025 |
| Abigail P. Johnson | 5,210,136 | 5.00% | 13G (passive) amendment | Jun 30, 2025 |
| BlackRock, Inc. | 13,290,004 | 12.90% | 13G (passive) amendment | Dec 31, 2025 |
Top institutional holders
13F holdings as of Jun 30, 2026
| Holder | Shares | % of FIBK | Value | Change | % of portfolio |
|---|---|---|---|---|---|
| BlackRock, Inc. | 13,732,702 | 14.41% | $529.53M | +253,215 | 0.01% |
| State Street Corp | 6,250,817 | 6.56% | $241.03M | +359,546 | 0.01% |
| Dimensional Fund Advisors LP | 5,783,231 | 6.07% | $223.00M | +152,442 | 0.04% |
| Vanguard Portfolio Management LLC | 5,506,456 | 5.78% | $212.33M | +15,918 | 0.01% |
| First Interstate Bank | 4,614,432 | 4.84% | $177.93M | −38,687 | 9.28% |
| HoldCo Asset Management, LP | 3,950,107 | 4.14% | $152.32M | – | 9.78% |
| Wellington Management Group Llp | 3,768,343 | 3.95% | $145.31M | −114,094 | 0.03% |
| Vanguard Capital Management LLC | 3,738,371 | 3.92% | $144.15M | −117,443 | 0.00% |
| FMR LLC | 2,463,971 | 2.59% | $95.01M | −1,413,225 | 0.00% |
| Geode Capital Management, LLC | 2,387,561 | 2.51% | $92.08M | +169,242 | 0.00% |
| Capital International Investors | 2,341,826 | 2.46% | $90.30M | +51,254 | 0.02% |
| Victory Capital Management Inc | 2,149,403 | 2.26% | $82.88M | +62,480 | 0.05% |
| Nomura Asset Management International Inc. | 2,018,138 | 2.12% | $77.83M | +315,060 | 0.12% |
| Morgan Stanley | 1,639,233 | 1.72% | $63.21M | +125,083 | 0.00% |
| Bank Of America Corp /De/ | 1,462,281 | 1.53% | $56.39M | −315,813 | 0.00% |
| Franklin Resources Inc | 1,427,500 | 1.50% | $55.04M | −453,746 | 0.01% |
| JPMorgan Chase & Co | 1,405,780 | 1.48% | $54.39M | −300,671 | 0.00% |
| First Trust Advisors LP | 1,313,141 | 1.38% | $50.63M | +115,584 | 0.03% |
| Massachusetts Financial Services Co /Ma/ | 1,209,484 | 1.27% | $46.64M | −63,441 | 0.01% |
| Capital World Investors | 1,178,546 | 1.24% | $45.44M | +32,152 | 0.01% |
Institutional buying and selling by quarter
Positions opened, added to, reduced and closed by 13F filers
| Quarter | Holders | Shares held | % of shares | New / added | Reduced / closed | Shares bought | Shares sold |
|---|---|---|---|---|---|---|---|
| Q2 2026 | 298 | 91M | 95.8% | 39 / 107 | 102 / 24 | 5M | 6M |
| Q1 2026 | 288 | 92M | 96.8% | 48 / 97 | 106 / 33 | 16M | 11M |
| Q4 2025 | 278 | 97M | 100.0% | 67 / 95 | 75 / 25 | 20M | 12M |
| Q3 2025 | 238 | 89M | 93.9% | 35 / 81 | 83 / 26 | 10M | 6M |
| Q2 2025 | 233 | 86M | 90.3% | 28 / 106 | 73 / 41 | 10M | 9M |
| Q1 2025 | 248 | 85M | 89.7% | 33 / 96 | 78 / 23 | 7M | 4M |
| Q4 2024 | 241 | 84M | 87.9% | 32 / 87 | 84 / 27 | 10M | 10M |
| Q3 2024 | 238 | 84M | 88.6% | 43 / 79 | 76 / 21 | 13M | 7M |
| Q2 2024 | 219 | 86M | 89.8% | 26 / 86 | 81 / 32 | 6M | 8M |
| Q1 2024 | 226 | 88M | 92.1% | 37 / 73 | 83 / 18 | 9M | 8M |
| Q4 2023 | 207 | 87M | 91.6% | 29 / 76 | 73 / 22 | 10M | 6M |
| Q3 2023 | 202 | 84M | 88.4% | 19 / 80 | 69 / 28 | 6M | 6M |
Top mutual fund and ETF holders
Latest monthly portfolio reports (Form N-PORT)
| Fund | Shares | % of FIBK | Value | % of fund | As of |
|---|---|---|---|---|---|
| iShares Core S&P Small-Cap ETF | 5,092,127 | 5.34% | $196.35M | 0.18% | Jun 30, 2026 |
| SMALLCAP World Fund Inc | 3,423,864 | 3.59% | $132.02M | 0.14% | Jun 30, 2026 |
| Vanguard Total Stock Market Index Fund | 2,624,577 | 2.75% | $101.20M | 0.00% | Jun 30, 2026 |
| iShares Russell 2000 ETF | 2,388,064 | 2.51% | $92.08M | 0.11% | Jun 30, 2026 |
| Vanguard Small-Cap Index Fund | 1,893,660 | 1.99% | $73.02M | 0.04% | Jun 30, 2026 |
| State Street(R) SPDR(R) S&P(R) Regional Banking ETF | 1,654,182 | 1.74% | $63.79M | 1.35% | Jun 30, 2026 |
| U.S. Small Cap Value Portfolio | 1,332,439 | 1.40% | $50.66M | 0.26% | Jul 31, 2026 |
| Nomura Small Cap Core Fund | 1,307,888 | 1.37% | $46.56M | 0.84% | May 29, 2026 |
| Vanguard Small-Cap Value Index Fund | 1,199,575 | 1.26% | $46.26M | 0.07% | Jun 30, 2026 |
| Fidelity Small Cap Index Fund | 1,012,641 | 1.06% | $38.50M | 0.11% | Jul 31, 2026 |
| Vanguard Extended Market Index Fund | 966,779 | 1.01% | $37.28M | 0.04% | Jun 30, 2026 |
| iShares Russell 2000 Value ETF | 859,271 | 0.90% | $33.13M | 0.23% | Jun 30, 2026 |
| MFS New Discovery Value Fund | 839,341 | 0.88% | $29.88M | 1.20% | May 31, 2026 |
| State Street(R) SPDR(R) Portfolio S&P 600(TM) Small Cap ETF | 777,826 | 0.82% | $29.99M | 0.18% | Jun 30, 2026 |
| iShares S&P Small-Cap 600 Value ETF | 727,597 | 0.76% | $28.06M | 0.35% | Jun 30, 2026 |
Officers, directors and major owners
People who filed Forms 3, 4 or 5 in the last two years
| Name | Role | Shares owned | % of shares | Latest filing |
|---|---|---|---|---|
| James A. Reuter | President and CEO, Director | 86,904 | 0.09% | Mar 18, 2026 |
| Christopher L. Shepler | Chief Banking Officer | 13,018 | 0.01% | Sep 22, 2026 |
| Jeffery D. Lee | Chief Operations Officer | 5,417 | 0.01% | Sep 16, 2026 |
| Lori Meyer | EVP, Chief Information Officer | 17,749 | 0.02% | Jun 3, 2026 |
| Camera David Della | Chief Financial Officer | 30,048 | 0.03% | Jun 3, 2026 |
| Ryan J. Boschee | Chief Credit Officer | 16,777 | 0.02% | Jun 3, 2026 |
| Jolyn M. Kanning | Chief Risk Officer | 14,669 | 0.02% | Jun 3, 2026 |
| Kirk D. Jensen | General Counsel | 53,550 | 0.06% | Jun 3, 2026 |
| Kristina Robbins | EVP, Chief Operations Officer | 27,757 | 0.03% | Mar 18, 2026 |
| Nathan R. Jones | Chief Risk Officer | 3,843 | 0.00% | Mar 17, 2026 |
| Marcy D. Mutch | Exec. Vice Pres. & CFO | 118,585 | 0.12% | Mar 18, 2025 |
| Lorrie F. Asker | Chief Banking Officer | 25,842 | 0.03% | Mar 18, 2025 |
| Matthew John Ritter | Director | 1,806 | 0.00% | Jul 24, 2026 |
| Brian Kevin Turner | Director | 1,806 | 0.00% | Jul 24, 2026 |
| Jeremy Scott | Director, 10% owner | 6,948,324 | 7.29% | Jun 3, 2026 |
| Daniel A. Rykhus | Director | 53,403 | 0.06% | Jun 3, 2026 |
| Michael L. Scudder | Director | 4,126 | 0.00% | Jun 3, 2026 |
| Renu Agrawal | Director | 4,074 | 0.00% | Jun 3, 2026 |
| John M. Heyneman Jr | Director, 10% owner | 3,084,859 | 3.24% | Jun 3, 2026 |
| Biff Bowman | Director | 32,148 | 0.03% | Jun 3, 2026 |
| Dennis L. Johnson | Director | 30,703 | 0.03% | Jun 3, 2026 |
| Joyce Ann Phillips | Director | 20,991 | 0.02% | Jun 3, 2026 |
| James R. Scott Jr | Director, 10% owner | 2,282,685 | 2.40% | Jun 3, 2026 |
| Alice S. Cho | Director | 23,377 | 0.02% | Jun 3, 2026 |
| Patricia L. Moss | Director | 40,398 | 0.04% | Jun 3, 2025 |
| David L. Jahnke | Director | 57,042 | 0.06% | Jun 3, 2025 |
| Stephen Mark Lacy | Director | 39,708 | 0.04% | Jun 3, 2025 |
| A. Scott Rose Trustee of the Julie A. Scott Rose Trust Dated 5-14-2002 Julie | 10% owner | 3,292,420 | 3.45% | Sep 16, 2026 |
| Sarah Scott Rose Trust Juliana | 10% owner | 3,130,370 | 3.28% | Sep 16, 2026 |
| Ltd Liability Co IXL | 10% owner | 1,466,927 | 1.54% | Sep 16, 2026 |
Insider trades
Common stock transactions reported on Form 4, newest first
| Insider | Date | Transaction | Shares | Price | Value | Shares after |
|---|---|---|---|---|---|---|
| Ltd Liability Co IXL 10% owner | Sep 16, 2026 | Sale | −2,700 | $37.64 | $101.63K | 484,309 |
| Jeffery D. Lee Chief Operations Officer | Sep 14, 2026 | Award | +5,417 | – | – | 5,417 |
| Scott as Trustee of the Jonathan R. Scott Trust Dated as of 4/21/04 Jonathan 10% owner | Sep 14, 2026 | Sale | −8,071 | $37.29 | $300.97K | 817,738 |
| Ltd Liability Co IXL 10% owner | Sep 11, 2026 | Sale | −16,929 | $37.03 | $626.88K | 825,809 |
| Christopher L. Shepler Chief Banking Officer | Sep 10, 2026 | Tax withholding | −222 | $36.88 | $8.19K | 13,018 |
| A. Scott Rose Trustee of the Julie A. Scott Rose Trust Dated 5-14-2002 Julie 10% owner | Jul 27, 2026 | Gift | −1,350 | – | – | 487,009 |
| Matthew John Ritter Director | Jul 22, 2026 | Award | +1,806 | $38.97 | $70.38K | 1,806 |
| Brian Kevin Turner Director | Jul 22, 2026 | Award | +1,806 | $38.97 | $70.38K | 1,806 |
| Scott as Trustee of the Jonathan R. Scott Trust Dated as of 4/21/04 Jonathan 10% owner | Jul 16, 2026 | Sale | −10,000 | $40.30 | $403.00K | 842,738 |
| Scott as Trustee of the Jonathan R. Scott Trust Dated as of 4/21/04 Jonathan 10% owner | Jun 18, 2026 | Sale | −9,390 | $36.11 | $339.07K | 852,738 |
| Lauren Scott Rose Trust Elizabeth 10% owner | Jun 18, 2026 | Sale | −5,000 | $35.98 | $179.90K | 493,359 |
| Lauren Scott Rose Trust Elizabeth 10% owner | Jun 18, 2026 | Sale | −5,000 | $35.97 | $179.85K | 488,359 |
| Lauren Scott Rose Trust Elizabeth 10% owner | Jun 18, 2026 | Sale | −5,000 | $35.95 | $179.75K | 498,359 |
| Scott as Trustee of the Jonathan R. Scott Trust Dated as of 4/21/04 Jonathan 10% owner | Jun 17, 2026 | Sale | −4,500 | $36.29 | $163.31K | 862,128 |
| Ltd Liability Co IXL 10% owner | Jun 4, 2026 | Sale | −12,892 | $35.58 | $458.70K | 866,628 |
| Kirk D. Jensen General Counsel | Jun 1, 2026 | Award | +2,247 | – | – | 34,978 |
| Christopher L. Shepler Chief Banking Officer | Jun 1, 2026 | Award | +3,370 | – | – | 13,240 |
| Jeremy Scott Director, 10% owner | Jun 1, 2026 | Award | +2,247 | – | – | 5,743 |
| Daniel A. Rykhus Director | Jun 1, 2026 | Award | +2,247 | – | – | 31,357 |
| Dennis L. Johnson Director | Jun 1, 2026 | Award | +2,247 | – | – | 19,455 |
| Camera David Della Chief Financial Officer | Jun 1, 2026 | Award | +3,370 | – | – | 30,048 |
| Biff Bowman Director | Jun 1, 2026 | Award | +4,353 | – | – | 24,035 |
| Renu Agrawal Director | Jun 1, 2026 | Award | +2,247 | – | – | 4,074 |
| Alice S. Cho Director | Jun 1, 2026 | Award | +2,247 | – | – | 15,792 |
| Michael L. Scudder Director | Jun 1, 2026 | Award | +2,247 | – | – | 4,126 |
| John M. Heyneman Jr Director, 10% owner | Jun 1, 2026 | Award | +2,247 | – | – | 7,471 |
| Lori Meyer EVP, Chief Information Officer | Jun 1, 2026 | Award | +2,247 | – | – | 16,517 |
| Ryan J. Boschee Chief Credit Officer | Jun 1, 2026 | Award | +2,247 | – | – | 16,777 |
| Joyce Ann Phillips Director | Jun 1, 2026 | Award | +2,247 | – | – | 14,599 |
| James R. Scott Jr Director, 10% owner | Jun 1, 2026 | Award | +2,247 | – | – | 80,792 |
| Jolyn M. Kanning Chief Risk Officer | Jun 1, 2026 | Award | +2,247 | – | – | 13,885 |
| Scott as Trustee of the Jonathan R. Scott Trust Dated as of 4/21/04 Jonathan 10% owner | Apr 30, 2026 | Sale | −53,504 | $35.42 | $1.90M | 879,520 |
| William Scott Trust Harrison 10% owner | Mar 26, 2026 | Sale | −3,000 | $33.45 | $100.35K | 933,024 |
| Lori Meyer EVP, Chief Information Officer | Mar 16, 2026 | Tax withholding | −1,550 | $33.22 | $51.49K | 14,270 |
| James A. Reuter President and CEO, Director | Mar 16, 2026 | Tax withholding | −5,125 | $33.22 | $170.25K | 86,904 |
| Kristina Robbins EVP, Chief Operations Officer | Mar 16, 2026 | Tax withholding | −1,241 | $33.22 | $41.23K | 18,887 |
| Camera David Della Chief Financial Officer | Mar 16, 2026 | Tax withholding | −1,307 | $33.22 | $43.42K | 26,678 |
| Kirk D. Jensen General Counsel | Mar 16, 2026 | Tax withholding | −1,375 | $33.22 | $45.68K | 32,731 |
| Kristina Robbins EVP, Chief Operations Officer | Mar 15, 2026 | Award | +4,044 | $33.13 | $133.98K | 20,128 |
| Kirk D. Jensen General Counsel | Mar 15, 2026 | Award | +3,951 | $33.13 | $130.90K | 34,106 |
| Camera David Della Chief Financial Officer | Mar 15, 2026 | Award | +6,279 | $33.13 | $208.02K | 27,985 |
| Nathan R. Jones Chief Risk Officer | Mar 15, 2026 | Award | +3,843 | $33.13 | $127.32K | 3,843 |
| James A. Reuter President and CEO, Director | Mar 15, 2026 | Award | +31,392 | $33.13 | $1.04M | 92,029 |
| Christopher L. Shepler Chief Banking Officer | Mar 15, 2026 | Award | +5,971 | $33.13 | $197.82K | 9,870 |
| Lori Meyer EVP, Chief Information Officer | Mar 15, 2026 | Award | +3,012 | $33.13 | $99.79K | 15,820 |
| Ltd Liability Co IXL 10% owner | Jan 6, 2026 | Sale | −1,827 | $36.92 | $67.45K | 936,024 |
| Ltd Liability Co IXL 10% owner | Jan 5, 2026 | Sale | −3,173 | $36.20 | $114.86K | 937,851 |
| R. & Christine M. Scott Foundation James 10% owner | Dec 12, 2025 | Gift | +755 | – | – | 4,433,211 |
| R. & Christine M. Scott Foundation James 10% owner | Dec 12, 2025 | Gift | −755 | – | – | 4,433,966 |
| Jeremy Scott TTEE, Jeremy Scott Revocable Trust Dtd 6/25/15 10% owner | Dec 8, 2025 | Gift | +550 | – | – | 3,513,549 |
| Jeremy Scott Director, 10% owner | Dec 8, 2025 | Gift | +550 | – | – | 3,496 |
| R. & Christine M. Scott Foundation James 10% owner | Dec 8, 2025 | Gift | −755 | – | – | 4,433,966 |
| R. & Christine M. Scott Foundation James 10% owner | Dec 8, 2025 | Gift | +755 | – | – | 4,433,211 |
| Geoffrey D. Scott 10% owner | Dec 8, 2025 | Gift | +550 | – | – | 113,926 |
| Geoffrey D. Scott 10% owner | Dec 8, 2025 | Gift | +550 | – | – | 2,615 |
| Risa K. Scott & John Heyneman Jr., TTEEs FBO Risa K Scott Exemption Trust Under the Scott Family 1996 Trust 10% owner | Dec 3, 2025 | Gift | −3,000 | – | – | 322,546 |
| Susan Scott Heyneman Trust, Susan Heyneman & First Interstate Wealth Management Co-Trustees 10% owner | Dec 1, 2025 | Sale | −10,000 | $32.75 | $327.50K | 224,460 |
| Christopher L. Shepler Chief Banking Officer | Nov 24, 2025 | Award | +1,591 | $31.42 | $49.99K | 3,899 |
| Rae Ann Morss & John Heyneman Jr., Trustees FBO Rae Ann Morss Exemption Trust Under the Scott Family 1996 Trust 10% owner | Nov 21, 2025 | Sale | −30,432 | $31.03 | $944.30K | 1,414,636 |
| John M. Heyneman Jr Director, 10% owner | Nov 11, 2025 | Sale | −15,000 | $32.14 | $482.10K | 30,154 |
Awards, option exercises, tax withholding and gifts are shown alongside open-market buys and sales. Each name links to the filing on SEC EDGAR.
Planned insider sales
Notices of proposed sale filed on Form 144 before shares are sold
| Seller | Filed | Shares | Market value | Planned sale | Acquired through |
|---|---|---|---|---|---|
| R. Scott Trust dtd 11/13/2004 Jonathan Former Director | Sep 11, 2026 | 15,000 | $553.80K | Sep 11, 2026 | Acquired as a gift |
| R. Scott Trust dtd 11/13/2004 Jonathan Former Director | Jul 16, 2026 | 20,000 | $804.40K | Jul 16, 2026 | Acquired as a gift |
| Scott Rose Trust Julie Family Ownership | Jun 18, 2026 | 15,000 | $539.53K | Jun 18, 2026 | Distribution from a Trust or an Estate |
| R. Scott Trust dtd 11/13/2004 Jonathan Former Director | Jun 17, 2026 | 13,890 | $495.04K | Jun 17, 2026 | Acquired as a gift |
| R. Scott Trust dtd 11/13/2004 Jonathan Former Director | Apr 30, 2026 | 66,396 | $2.36M | Apr 30, 2026 | Gift |
| Lorrie F. Asker Officer | Feb 11, 2026 | 1,579 | $59.97K | Feb 11, 2026 | Restricted Stock Vesting |
| T. Heyneman Quinn Director's son | Feb 3, 2026 | 615 | $23.14K | Feb 3, 2026 | Gift from Affiliate |
| R. Scott Trust dtd 11/13/2004 Jonathan Former Director | Jan 5, 2026 | 10,000 | $360.50K | Jan 5, 2026 | Gift |
| John Heyneman Jr, Trust Non-Managed Agency 10% Owner | Nov 24, 2025 | 30,432 | $944.48K | Nov 21, 2025 | Inheritance |
| Ranch Llc Bench Director | Nov 12, 2025 | 15,000 | $482.17K | Nov 11, 2025 | Distribution from a Trust or an Estate |
| Llc Awe' Director | Nov 10, 2025 | 20,000 | $641.30K | Nov 10, 2025 | Distribution from a Trust or an Estate |
| R. Scott Trust Jennifer 10% Stockholder | Nov 3, 2025 | 4,800 | $150.10K | Nov 3, 2025 | Gift from Affiliate |
| R. Scott Trust dtd 11/13/2004 Jonathan Former Director | Oct 29, 2025 | 7,000 | $224.77K | Oct 29, 2025 | Gift |
| R. Scott Trust dtd 11/13/2004 Jonathan Former Director | Oct 8, 2025 | 20,000 | $636.80K | Oct 7, 2025 | Gift |
| R. Scott Trust dtd 11/13/2004 Jonathan Director | Oct 7, 2025 | 20,000 | $636.80K | Oct 7, 2025 | Gift |