First Interstate BancSystem (First Interstate BancSystem) Accounts Payable & Accrued Expense : $433 Mil (As of Dec. 2023)

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What is First Interstate BancSystem Accounts Payable & Accrued Expense?

First Interstate BancSystem's quarterly accounts payable & accrued expense increased from Jun. 2023 ($452 Mil) to Sep. 2023 ($517 Mil) but then declined from Sep. 2023 ($517 Mil) to Dec. 2023 ($433 Mil).

First Interstate BancSystem's annual accounts payable & accrued expense increased from Dec. 2021 ($152 Mil) to Dec. 2022 ($460 Mil) but then declined from Dec. 2022 ($460 Mil) to Dec. 2023 ($433 Mil).

First Interstate BancSystem Accounts Payable & Accrued Expense Historical Data

The historical data trend for First Interstate BancSystem's Accounts Payable & Accrued 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.

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First Interstate BancSystem Accounts Payable & Accrued Expense Chart

First Interstate BancSystem Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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141.70

150.20

152.10

460.40

432.60

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
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															387.90	452.30	516.60	432.60	-

First Interstate BancSystem Accounts Payable & Accrued Expense Calculation

Accounts payable & accrued expense usually includes accounts payable, accrued compensation and related benefits, etc.

Accounts payable is money owed by a business to its suppliers shown as a liability on a company's balance sheet. It is distinct from notes payable liabilities, which are debts created by formal legal instrument documents.

It is part of the current portion of the liabilities (due within one year or within the normal operating cycle if longer) reflected on the balace sheet of the company. A higher Accounts Payable means lower Working Capital needed to operate the business.

First Interstate BancSystem (First Interstate BancSystem) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » First Interstate BancSystem Inc (NAS:FIBK) » Definitions » Accounts Payable & Accrued 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 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