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First Interstate BancSystem (First Interstate BancSystem) Net Margin % : 24.38% (As of Dec. 2023)


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What is First Interstate BancSystem Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. First Interstate BancSystem's Net Income for the three months ended in Dec. 2023 was $62 Mil. First Interstate BancSystem's Revenue for the three months ended in Dec. 2023 was $252 Mil. Therefore, First Interstate BancSystem's net margin for the quarter that ended in Dec. 2023 was 24.38%.

The historical rank and industry rank for First Interstate BancSystem's Net Margin % or its related term are showing as below:

FIBK' s Net Margin % Range Over the Past 10 Years
Min: 18.29   Med: 24.05   Max: 30.08
Current: 25.1


FIBK's Net Margin % is ranked worse than
51.1% of 1458 companies
in the Banks industry
Industry Median: 25.49 vs FIBK: 25.10

First Interstate BancSystem Net Margin % Historical Data

The historical data trend for First Interstate BancSystem's Net Margin % 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 Net Margin % Chart

First Interstate BancSystem Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 28.39 24.66 30.08 18.29 25.10

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
Net Margin % 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 28.60 22.05 25.52 28.43 24.38

Competitive Comparison of First Interstate BancSystem's Net Margin %

For the Banks - Regional subindustry, First Interstate BancSystem's Net Margin %, along with its competitors' market caps and Net Margin % 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 Net Margin % Distribution in the Banks Industry

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

* The bar in red indicates where First Interstate BancSystem's Net Margin % falls into.



First Interstate BancSystem Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

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

Net Margin=Net Income (A: Dec. 2023 )/Revenue (A: Dec. 2023 )
=257.5/1025.8
=25.10 %

First Interstate BancSystem's Net Margin for the quarter that ended in Dec. 2023 is calculated as

Net Margin=Net Income (Q: Dec. 2023 )/Revenue (Q: Dec. 2023 )
=61.5/252.3
=24.38 %

* 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  (NAS:FIBK) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.


First Interstate BancSystem Net Margin % Related Terms

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


First Interstate BancSystem (First Interstate BancSystem) 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.
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

First Interstate BancSystem (First Interstate BancSystem) Headlines