First Interstate BancSystem (First Interstate BancSystem) Dividend Payout Ratio

: 0.80 (As of Dec. 2023)

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First Interstate BancSystem's dividend payout ratio for the months ended in Dec. 2023 was 0.80.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of First Interstate BancSystem Inc is 0.76, which seems too high.

The historical rank and industry rank for First Interstate BancSystem's Dividend Payout Ratio or its related term are showing as below:

FIBK' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.32 Med: 0.41 Max: 0.76
Current: 0.76

During the past 13 years, the highest Dividend Payout Ratio of First Interstate BancSystem was 0.76. The lowest was 0.32. And the median was 0.41.

FIBK's Dividend Payout Ratio is ranked worse than
89.7% of 1097 companies
in the Banks industry
Industry Median: 0.33 vs FIBK: 0.76

As of today (2024-04-16), the Dividend Yield % of First Interstate BancSystem is 7.56%.

During the past 13 years, the highest Trailing Annual Dividend Yield of First Interstate BancSystem was 8.46%. The lowest was 1.38%. And the median was 2.84%.

First Interstate BancSystem's Dividends per Share for the months ended in Dec. 2023 was $0.47.

During the past 12 months, First Interstate BancSystem's average Dividends Per Share Growth Rate was 10.60% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 10.30% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 11.10% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 14.50% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of First Interstate BancSystem was 29.00% per year. The lowest was -3.10% per year. And the median was 12.10% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.

First Interstate BancSystem Dividend Payout Ratio Historical Data

The historical data trend for First Interstate BancSystem's Dividend Payout Ratio 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.

* Premium members only.

First Interstate BancSystem Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dividend Payout Ratio

0.40

0.55

0.50

0.58

0.76

First Interstate BancSystem Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Dividend Payout Ratio																0.55	0.87	0.72	0.67	0.80

Competitive Comparison

For the Banks - Regional subindustry, First Interstate BancSystem's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio 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 Dividend Payout Ratio Distribution

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

* The bar in red indicates where First Interstate BancSystem's Dividend Payout Ratio falls into.

First Interstate BancSystem Dividend Payout Ratio Calculation

Dividend payout ratio measures the percentage of the company's earnings paid out as dividends.

First Interstate BancSystem's Dividend Payout Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Dec. 2023 )	/	EPS without NRI (A: Dec. 2023 )
	=	1.88	/	2.48
	=	0.76

First Interstate BancSystem's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: Dec. 2023 )	/	EPS without NRI (Q: Dec. 2023 )
	=	0.47	/	0.59
	=	0.80

First Interstate BancSystem (NAS:FIBK) Dividend Payout Ratio Explanation

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

First Interstate BancSystem Dividend Payout Ratio Related Terms

Thank you for viewing the detailed overview of First Interstate BancSystem's Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

First Interstate BancSystem (First Interstate BancSystem) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » First Interstate BancSystem Inc (NAS:FIBK) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

4FB:Germany

Address

401 North 31st Street, Billings, MT, USA, 59101

Website

https://www.fibk.com

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.

Executives

Homer Scott Jr Trust, Homer Scott Jr. & First Interstate Wealth Management Co Trustees	10 percent owner	FIRST INTERSTATE BANK, TRUSTEE, PO BOX 2007, SHERIDAN WY 82801
Julie A Scott	10 percent owner	P O BOX 30918, BILLINGS MT 59116
Jonathan R Scott	director	P.O. BOX 30918, BILLINGS MT 59116
Kevin P Riley	officer: President & CEO	BERKSHIRE HILLS BANCORP INC, 24 NORTH STREET, PITTSFIELD MA 01201
Marcy D Mutch	officer: Exec. Vice Pres. & CFO	PO BOX 30918, BILLINGS MT 59116
Kirk D Jensen	officer: General Counsel	PO BOX 30918, BILLINGS MT 59116
Lorrie Asker	officer: Chief Banking Officer	401 N. 31ST STREET, BILLINGS MT 59116-0918
James Brannen	director	5400 UNIVERSITY AVENUE, WEST DES MOINES IA 50266
Ashley Hayslip	officer: EVP, Chief Banking Officer	P.O. BOX 30918, BILLINGS MT 59116
Scott James R. Jr	director	PO BOX 30918, BILLINGS MT 59116
Russell A Lee	officer: EVP & Chief Banking Officer	P.O. BOX 30918, BILLINGS MT 59116
James R Scott	director, 10 percent owner	C/O FIRST INTERSTATE BANCSYSTEM INC, P O BOX 30918, BILLINGS MT 59116
Heyneman John M Jr	director, 10 percent owner	C/O FIRST INTERSTATE BANCSYSTEM INC, P O BOX 30918, BILLINGS MT 59116
Kristina Robbins	officer: SVP, Chief Operations Officer	PO BOX 30918, BILLINGS MT 59116
Philip G Gaglia	officer: Chief Risk Officer	PO BOX 30918, BILLINGS MT 59116