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First Interstate BancSystem (FRA:4FB) Market Cap : €2,621.9 Mil (As of May. 26, 2024)


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What is First Interstate BancSystem Market Cap?

Market cap is the total market value to buy the whole company. It is equal to the share price times the number of Shares Outstanding (EOP). First Interstate BancSystem's share price for the quarter that ended in Mar. 2024 was €25.2. First Interstate BancSystem's Shares Outstanding (EOP) for the quarter that ended in Mar. 2024 was 104.6 Mil. Therefore, First Interstate BancSystem's market cap for the quarter that ended in Mar. 2024 was €2,635.2 Mil.

First Interstate BancSystem's quarterly market cap increased from Sep. 2023 (€2,394.3 Mil) to Dec. 2023 (€2,910.4 Mil) but then declined from Dec. 2023 (€2,910.4 Mil) to Mar. 2024 (€2,635.2 Mil).

First Interstate BancSystem's annual market cap increased from Dec. 2021 (€2,214.3 Mil) to Dec. 2022 (€3,759.9 Mil) but then declined from Dec. 2022 (€3,759.9 Mil) to Dec. 2023 (€2,910.4 Mil).

Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. First Interstate BancSystem's Enterprise Value for Today is €4,686.4 Mil.


First Interstate BancSystem Market Cap Historical Data

The historical data trend for First Interstate BancSystem's Market Cap can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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First Interstate BancSystem Market Cap Chart

First Interstate BancSystem Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Market Cap
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2,427.16 2,011.90 2,214.34 3,759.91 2,910.38

First Interstate BancSystem Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Market Cap Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2,818.31 2,310.46 2,394.25 2,910.38 2,635.21

Competitive Comparison of First Interstate BancSystem's Market Cap

For the Banks - Regional subindustry, First Interstate BancSystem's Market Cap, along with its competitors' market caps and Market Cap data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


First Interstate BancSystem's Market Cap Distribution in the Banks Industry

For the Banks industry and Financial Services sector, First Interstate BancSystem's Market Cap distribution charts can be found below:

* The bar in red indicates where First Interstate BancSystem's Market Cap falls into.



First Interstate BancSystem Market Cap Calculation

Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.

First Interstate BancSystem's Market Cap for the fiscal year that ended in Dec. 2023 is calculated as

Market Cap (A: Dec. 2023 )=Share Price (A: Dec. 2023 )*Shares Outstanding (EOP) (A: Dec. 2023 )
=€28*103.942
=€2,910.4

First Interstate BancSystem's Market Cap for the quarter that ended in Mar. 2024 is calculated as

Market Cap (Q: Mar. 2024 )=Share Price (Q: Mar. 2024 )*Shares Outstanding (EOP) (Q: Mar. 2024 )
=€25.2*104.572
=€2,635.2

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


First Interstate BancSystem  (FRA:4FB) Market Cap Explanation

Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the company’s debt. The real price you pay is the Enterprise Value.

Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.


First Interstate BancSystem Market Cap Related Terms

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First Interstate BancSystem (FRA:4FB) Business Description

Traded in Other Exchanges
Address
401 North 31st Street, Billings, MT, USA, 59101
First Interstate BancSystem Inc is a financial holding company. It is the parent company of First Interstate Bank, a community bank offering a range of internet, mobile, and other banking and financial services throughout Idaho, Montana, Oregon, South Dakota, Washington, and Wyoming. It delivers a range of financial products and services to both retail and commercial customers in industries like agriculture, construction, education, energy, governmental services, healthcare, mining, professional services, retail, tourism, and wholesale trade. It generates a majority of income from interest charged on loans, and interest and dividends earned on investments.

First Interstate BancSystem (FRA:4FB) Headlines

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