FIRST INTERSTATE BANCSYS-A (FIBK) Stock Fundamental Analysis
NASDAQ:FIBK - Nasdaq - US32055Y2019 - Common Stock - Currency: USD
Overall FIBK gets a fundamental rating of 3 out of 10. We evaluated FIBK against 405 industry peers in the Banks industry. FIBK may be in some trouble as it scores bad on both profitability and health. FIBK has a correct valuation and a medium growth rate.
1. Profitability
1.1 Basic Checks
In the past year FIBK was profitable.
FIBK had a positive operating cash flow in the past year.
Each year in the past 5 years FIBK has been profitable.
Of the past 5 years FIBK 4 years had a positive operating cash flow.
1.2 Ratios
The Return On Assets of FIBK (0.76%) is comparable to the rest of the industry.
FIBK's Return On Equity of 6.71% is on the low side compared to the rest of the industry. FIBK is outperformed by 63.41% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.76% | ||
| ROE | 6.71% | ||
| ROIC | N/A |
ROA(3y)0.75%
ROA(5y)0.83%
ROE(3y)7.13%
ROE(5y)7.86%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
The Profit Margin of FIBK (22.61%) is comparable to the rest of the industry.
In the last couple of years the Profit Margin of FIBK has declined.
The Operating Margin and Gross Margin are not available for FIBK so they could not be analyzed.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | N/A | ||
| PM (TTM) | 22.61% | ||
| GM | N/A |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3Y-9.08%
PM growth 5Y-4.23%
GM growth 3YN/A
GM growth 5YN/A
2. Health
2.1 Basic Checks
FIBK does not have a ROIC to compare to the WACC, probably because it is not profitable.
The number of shares outstanding for FIBK has been increased compared to 1 year ago.
The number of shares outstanding for FIBK has been increased compared to 5 years ago.
The debt/assets ratio for FIBK has been reduced compared to a year ago.
2.2 Solvency
The Debt to FCF ratio of FIBK is 9.67, which is on the high side as it means it would take FIBK, 9.67 years of fcf income to pay off all of its debts.
Looking at the Debt to FCF ratio, with a value of 9.67, FIBK is doing worse than 71.18% of the companies in the same industry.
A Debt/Equity ratio of 0.87 indicates that FIBK is somewhat dependend on debt financing.
Looking at the Debt to Equity ratio, with a value of 0.87, FIBK is doing worse than 85.21% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.87 | ||
| Debt/FCF | 9.67 | ||
| Altman-Z | N/A |
ROIC/WACCN/A
WACC8.89%
2.3 Liquidity
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | N/A | ||
| Quick Ratio | N/A |
3. Growth
3.1 Past
FIBK shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -11.69%.
Measured over the past years, FIBK shows a decrease in Earnings Per Share. The EPS has been decreasing by -5.07% on average per year.
The Revenue has decreased by -2.54% in the past year.
Measured over the past years, FIBK shows a quite strong growth in Revenue. The Revenue has been growing by 9.16% on average per year.
EPS 1Y (TTM)-11.69%
EPS 3Y-11.03%
EPS 5Y-5.07%
EPS Q2Q%-15.25%
Revenue 1Y (TTM)-2.54%
Revenue growth 3Y16.11%
Revenue growth 5Y9.16%
Sales Q2Q%3.57%
3.2 Future
Based on estimates for the next years, FIBK will show a quite strong growth in Earnings Per Share. The EPS will grow by 11.42% on average per year.
FIBK is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 6.03% yearly.
EPS Next Y14.97%
EPS Next 2Y13.35%
EPS Next 3Y11.42%
EPS Next 5YN/A
Revenue Next Year5.94%
Revenue Next 2Y5.96%
Revenue Next 3Y6.03%
Revenue Next 5YN/A
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. Valuation
4.1 Price/Earnings Ratio
FIBK is valuated correctly with a Price/Earnings ratio of 14.20.
FIBK's Price/Earnings ratio is in line with the industry average.
FIBK is valuated cheaply when we compare the Price/Earnings ratio to 29.62, which is the current average of the S&P500 Index.
A Price/Forward Earnings ratio of 12.35 indicates a correct valuation of FIBK.
Compared to the rest of the industry, the Price/Forward Earnings ratio of FIBK is on the same level as its industry peers.
FIBK is valuated rather cheaply when we compare the Price/Forward Earnings ratio to 22.70, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 14.2 | ||
| Fwd PE | 12.35 |
4.2 Price Multiples
Based on the Price/Free Cash Flow ratio, FIBK is valued a bit cheaper than 65.66% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 10.7 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
PEG (NY)0.95
PEG (5Y)N/A
EPS Next 2Y13.35%
EPS Next 3Y11.42%
5. Dividend
5.1 Amount
FIBK has a Yearly Dividend Yield of 5.84%, which is a nice return.
FIBK's Dividend Yield is rather good when compared to the industry average which is at 3.19. FIBK pays more dividend than 94.24% of the companies in the same industry.
Compared to an average S&P500 Dividend Yield of 2.27, FIBK pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.84% |
5.2 History
The dividend of FIBK is nicely growing with an annual growth rate of 11.31%!
FIBK has been paying a dividend for at least 10 years, so it has a reliable track record.
FIBK has decreased its dividend recently.
Dividend Growth(5Y)11.31%
Div Incr Years0
Div Non Decr Years1
5.3 Sustainability
FIBK pays out 86.55% of its income as dividend. This is not a sustainable payout ratio.
FIBK's earnings are growing around the same pace than its dividend. As long as the earnings growth is kept the dividend growth is sustainable.
DP86.55%
EPS Next 2Y13.35%
EPS Next 3Y11.42%
31.09
-1.08 (-3.36%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupBanks
GICS IndustryBanks
Earnings (Last)
Earnings (Next)
Inst Owners81.89%
Inst Owner Change-84.54%
Ins Owners11.95%
Ins Owner Change1.65%
Market Cap3.25B
Analysts72.86
Price Target36.21 (16.47%)
Short Float %3%
Short Ratio4.27
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.84% |
Yearly Dividend1.87
Dividend Growth(5Y)11.31%
DP86.55%
Div Incr Years0
Div Non Decr Years1
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-2.44%
Min EPS beat(2)-8.92%
Max EPS beat(2)4.04%
EPS beat(4)2
Avg EPS beat(4)0.64%
Min EPS beat(4)-8.92%
Max EPS beat(4)12.09%
EPS beat(8)3
Avg EPS beat(8)-5.92%
EPS beat(12)4
Avg EPS beat(12)-6.59%
EPS beat(16)6
Avg EPS beat(16)-4.75%
Revenue beat(2)0
Avg Revenue beat(2)-4.04%
Min Revenue beat(2)-6.09%
Max Revenue beat(2)-1.98%
Revenue beat(4)0
Avg Revenue beat(4)-2.77%
Min Revenue beat(4)-6.09%
Max Revenue beat(4)-0.89%
Revenue beat(8)0
Avg Revenue beat(8)-4.83%
Revenue beat(12)1
Avg Revenue beat(12)-3.58%
Revenue beat(16)2
Avg Revenue beat(16)-3.23%
PT rev (1m)-0.35%
PT rev (3m)10.94%
EPS NQ rev (1m)-21.77%
EPS NQ rev (3m)-21.77%
EPS NY rev (1m)0.86%
EPS NY rev (3m)0.16%
Revenue NQ rev (1m)-0.03%
Revenue NQ rev (3m)-0.03%
Revenue NY rev (1m)0.66%
Revenue NY rev (3m)0.85%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 14.2 | ||
| Fwd PE | 12.35 | ||
| P/S | 3.25 | ||
| P/FCF | 10.7 | ||
| P/OCF | 9.88 | ||
| P/B | 0.97 | ||
| P/tB | 1.5 | ||
| EV/EBITDA | N/A |
EPS(TTM)2.19
EY7.04%
EPS(NY)2.52
Fwd EY8.1%
FCF(TTM)2.91
FCFY9.35%
OCF(TTM)3.15
OCFY10.12%
SpS9.56
BVpS32.18
TBVpS20.73
PEG (NY)0.95
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.76% | ||
| ROE | 6.71% | ||
| ROCE | N/A | ||
| ROIC | N/A | ||
| ROICexc | N/A | ||
| ROICexgc | N/A | ||
| OM | N/A | ||
| PM (TTM) | 22.61% | ||
| GM | N/A | ||
| FCFM | 30.4% |
ROA(3y)0.75%
ROA(5y)0.83%
ROE(3y)7.13%
ROE(5y)7.86%
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexcg growth 3YN/A
ROICexcg growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3Y-9.08%
PM growth 5Y-4.23%
GM growth 3YN/A
GM growth 5YN/A
F-Score5
Asset Turnover0.03
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.87 | ||
| Debt/FCF | 9.67 | ||
| Debt/EBITDA | N/A | ||
| Cap/Depr | 46.07% | ||
| Cap/Sales | 2.52% | ||
| Interest Coverage | N/A | ||
| Cash Conversion | N/A | ||
| Profit Quality | 134.47% | ||
| Current Ratio | N/A | ||
| Quick Ratio | N/A | ||
| Altman-Z | N/A |
F-Score5
WACC8.89%
ROIC/WACCN/A
Cap/Depr(3y)N/A
Cap/Depr(5y)N/A
Cap/Sales(3y)N/A
Cap/Sales(5y)N/A
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-11.69%
EPS 3Y-11.03%
EPS 5Y-5.07%
EPS Q2Q%-15.25%
EPS Next Y14.97%
EPS Next 2Y13.35%
EPS Next 3Y11.42%
EPS Next 5YN/A
Revenue 1Y (TTM)-2.54%
Revenue growth 3Y16.11%
Revenue growth 5Y9.16%
Sales Q2Q%3.57%
Revenue Next Year5.94%
Revenue Next 2Y5.96%
Revenue Next 3Y6.03%
Revenue Next 5YN/A
EBIT growth 1YN/A
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next YearN/A
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y-32.74%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-27.59%
OCF growth 3YN/A
OCF growth 5YN/A