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First Interstate BancSystem (First Interstate BancSystem) Price-to-Tangible-Book

: 1.26 (As of Today)
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As of today (2024-04-17), First Interstate BancSystem's share price is $24.44. First Interstate BancSystem's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $19.40. Hence, First Interstate BancSystem's Price to Tangible Book Ratio of today is 1.26.

The historical rank and industry rank for First Interstate BancSystem's Price-to-Tangible-Book or its related term are showing as below:

FIBK' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.26   Med: 2.05   Max: 2.58
Current: 1.26

During the past 13 years, First Interstate BancSystem's highest Price to Tangible Book Ratio was 2.58. The lowest was 1.26. And the median was 2.05.

FIBK's Price-to-Tangible-Book is ranked worse than
71.38% of 1443 companies
in the Banks industry
Industry Median: 0.91 vs FIBK: 1.26

A closely related ratio is called PB Ratio. As of today, First Interstate BancSystem's share price is $24.44. First Interstate BancSystem's Book Value per Sharefor the quarter that ended in Dec. 2023 was $31.05. Hence, First Interstate BancSystem's P/B Ratio of today is 0.79.


First Interstate BancSystem Price-to-Tangible-Book Historical Data

The historical data trend for First Interstate BancSystem's Price-to-Tangible-Book 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
Price-to-Tangible-Book
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.10 2.00 1.95 2.19 1.58

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
Price-to-Tangible-Book 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 Premium Member Only Premium Member Only Premium Member Only 2.19 1.61 1.32 1.40 1.58

Competitive Comparison

For the Banks - Regional subindustry, First Interstate BancSystem's Price-to-Tangible-Book, along with its competitors' market caps and Price-to-Tangible-Book 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 Price-to-Tangible-Book Distribution

For the Banks industry and Financial Services sector, First Interstate BancSystem's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where First Interstate BancSystem's Price-to-Tangible-Book falls into.



First Interstate BancSystem Price-to-Tangible-Book Calculation

First Interstate BancSystem's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Dec. 2023 )
=24.44/19.404
=1.26

* 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.

It can also be calculated from the numbers for the whole company:

A closely related ratio is called PB Ratio. The difference between Price-to-Tangible-Book Ratio and PB Ratio is that book value other than intangibles are used in the calculation.


Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The Price-to-Book Ratio does not work well for these companies. Some companies even have negative equity, so the Price-to-Book Ratio cannot be applied to them.


First Interstate BancSystem Price-to-Tangible-Book Related Terms

Thank you for viewing the detailed overview of First Interstate BancSystem's Price-to-Tangible-Book 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

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