FIBK (First Interstate BancSystem) Interest Expense : $-487.5 Mil (TTM As of Sep. 2024)

View and export this data going back to 2010. Start your Free Trial

What is First Interstate BancSystem Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. First Interstate BancSystem's interest expense for the three months ended in Sep. 2024 was $ -124.1 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2024 was $-487.5 Mil.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income(EBIT) by its Interest Expense. First Interstate BancSystem's Operating Income for the three months ended in Sep. 2024 was $ Mil. First Interstate BancSystem's Interest Expense for the three months ended in Sep. 2024 was $ Mil. The higher the ratio, the stronger the company's financial strength is. Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

First Interstate BancSystem Interest Expense Historical Data

The historical data trend for First Interstate BancSystem's Interest Expense 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 Interest Expense Chart

First Interstate BancSystem Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Interest Expense

Get a 7-Day Free Trial

-26.60

-17.30

-78.90

-401.30

-487.50

First Interstate BancSystem Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Interest Expense	Get a 7-Day Free Trial															-116.50	-126.30	-124.00	-124.10	-113.10

First Interstate BancSystem Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

Interest Expense for the trailing twelve months (TTM) ended in Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-487.5 Mil.

First Interstate BancSystem Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » First Interstate BancSystem Inc (NAS:FIBK) » Definitions » Interest Expense

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 majority of income from interest charged on loans, and interest and dividends earned on investments.

Executives

Heyneman John M Jr	director, 10 percent owner	C/O FIRST INTERSTATE BANCSYSTEM INC, P O BOX 30918, BILLINGS MT 59116
Scott James R. Jr	director	PO BOX 30918, BILLINGS MT 59116
Jonathan R Scott	director	P.O. BOX 30918, BILLINGS MT 59116
Julie A Scott	10 percent owner	P O BOX 30918, BILLINGS MT 59116
Kevin P Riley	officer: President & CEO	BERKSHIRE HILLS BANCORP INC, 24 NORTH STREET, PITTSFIELD MA 01201
Karlyn M Knieriem	officer: EVP, Chief Risk Officer	C/O GREAT WESTERN BANCORP, INC., 225 S MAIN AVENUE, SIOUX FALLS SD 57104
Lorrie Asker	officer: Chief Banking Officer	401 N. 31ST STREET, BILLINGS MT 59116-0918
Kristina Robbins	officer: SVP, Chief Operations Officer	PO BOX 30918, BILLINGS MT 59116
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
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
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
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