Kevin Riley - First Interstate CEO

FIBK Stock  USD 27.00  0.05  0.19%   

CEO

Mr. Kevin P. Riley is President, Chief Executive Officer, Director of the Company. He was President and Chief Executive Officer of First Interstate Bank and a member of the Board of Directors since September 2015. Prior to his current role, Mr. Riley served as an Executive Vice President and the Chief Financial Officer from 2013 to 2015. Mr. Riley leads First Interstate Bank with expertise drawn from more than 32 years of experience in the banking industry. Prior to joining the organization, he was an Executive Vice President and Chief Financial Officer for Berkshire Hills Bancorp in Massachusetts, and he served in various executivelevel positions with KeyCorp since 2015.
Age 64
Tenure 9 years
Address 401 North 31st Street, Billings, MT, United States, 59101
Phone406 255 5311
Webhttps://www.fibk.com
Riley earned a BS in business administration from Northeastern University in Boston, Massachusetts.

First Interstate Management Efficiency

Return On Tangible Assets is expected to rise to 0.01 this year. Return On Capital Employed is expected to rise to 0.03 this year. At this time, First Interstate's Total Current Liabilities is quite stable compared to the past year. Liabilities And Stockholders Equity is expected to rise to about 32.2 B this year, although the value of Non Current Liabilities Other will most likely fall to about 789.5 M. First Interstate's management efficiency ratios could be used to measure how well First Interstate manages its routine affairs as well as how well it operates its assets and liabilities.
The company currently holds 3.67 B in liabilities with Debt to Equity (D/E) ratio of 0.12, which may suggest the company is not taking enough advantage from borrowing. Debt can assist First Interstate until it has trouble settling it off, either with new capital or with free cash flow. So, First Interstate's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like First Interstate Ban sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for First to invest in growth at high rates of return. When we think about First Interstate's use of debt, we should always consider it together with cash and equity.

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First Interstate BancSystem, Inc. operates as the bank holding company for First Interstate Bank that provides range of banking products and services in the United States. The company was incorporated in 1971 and is headquartered in Billings, Montana. First Interstate operates under BanksRegional classification in the United States and is traded on NASDAQ Exchange. It employs 2358 people. First Interstate BancSystem (FIBK) is traded on NASDAQ Exchange in USA. It is located in 401 North 31st Street, Billings, MT, United States, 59101 and employs 3,585 people. First Interstate is listed under Regional Banks category by Fama And French industry classification.

Management Performance

First Interstate Ban Leadership Team

Elected by the shareholders, the First Interstate's board of directors comprises two types of representatives: First Interstate inside directors who are chosen from within the company, and outside directors, selected externally and held independent of First. The board's role is to monitor First Interstate's management team and ensure that shareholders' interests are well served. First Interstate's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, First Interstate's outside directors are responsible for providing unbiased perspectives on the board's policies.
Jonathan Scott, Director, Member of Technology and Bus. Process Improvement Committee and Commercial Bank Market Pres for The Jackson Wyoming Market of First Interstate Bank
David Crum, Independent Director
Kristina Robbins, Executive COO
Jodi Hubbell, Executive Vice President and Chief Banking Officer West
Philip Gaglia, Executive Vice President Chief Risk Officer
Michael Hickey, Missoula President
Thomas Scott, Chairman of the Board
David Jahnke, Independent Director
Michael Sullivan, Lead Independent Director
Charles Heyneman, Director
David Camera, Director Strategy
Lorrie Asker, Executive Officer
Renee Newman, Chief Banking Officer
Scott Erkonen, Ex Officer
John Heyneman, Director
Karlyn Knieriem, Executive Officer
Ross Leckie, Independent Director
Kirk Jensen, Executive Vice President General Counsel
Kade Peterson, Executive Vice President CIO
William Ebzery, Independent Director
Russell Lee, Ex Officer
Kirk Esq, General VP
Lori Meyer, Executive Officer
Steven Corning, Independent Director
Peter Wold, Director
Dana FilipCrandall, Independent Director
Theodore Williams, Independent Director
William Gottwals, Executive Vice President Chief Banking Officer
Rachel Turitto, Executive Officer
Marcy Mutch, Executive CFO
David Redmon, VP Staff
Kevin Guenthner, CIO, Executive VP and Director of First Interstate Bank
Dennis Johnson, Director
Michael Lugli, Chief Officer
Teresa Taylor, Independent Director
James Scott, Executive Vice Chairman, Chairman of Executive Committee, Member of Governance and Nominating Committee, Member of Credit Committee and Member of Technology and Bus. Process Improvement Committee
Dana Crandall, Independent Director
Stephen Yose, Executive Vice President and Chief Credit Officer
Kevin Riley, CEO and President Director, Member of Executive Committee, Member of Credit Committee, Member of Governance and Nominating Committee and Member of Technology and Bus. Process Improvement Committee
Margie Morse, IR Contact Officer
Patricia Moss, Director
Charles Hart, Director
Randall Scott, Director
Robert Cerkovnik, Chief Credit Officer and Sr. VP
Brittany Cremer, PR Manager

First Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is First Interstate a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

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When determining whether First Interstate Ban is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if First Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about First Interstate Bancsystem Stock. Highlighted below are key reports to facilitate an investment decision about First Interstate Bancsystem Stock:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in First Interstate BancSystem. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of labor statistics.
Note that the First Interstate Ban information on this page should be used as a complementary analysis to other First Interstate's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.

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When running First Interstate's price analysis, check to measure First Interstate's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy First Interstate is operating at the current time. Most of First Interstate's value examination focuses on studying past and present price action to predict the probability of First Interstate's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move First Interstate's price. Additionally, you may evaluate how the addition of First Interstate to your portfolios can decrease your overall portfolio volatility.
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Is First Interstate's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of First Interstate. If investors know First will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about First Interstate listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.052
Dividend Share
1.88
Earnings Share
2.51
Revenue Per Share
9.566
Quarterly Revenue Growth
(0.01)
The market value of First Interstate Ban is measured differently than its book value, which is the value of First that is recorded on the company's balance sheet. Investors also form their own opinion of First Interstate's value that differs from its market value or its book value, called intrinsic value, which is First Interstate's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because First Interstate's market value can be influenced by many factors that don't directly affect First Interstate's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between First Interstate's value and its price as these two are different measures arrived at by different means. Investors typically determine if First Interstate is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, First Interstate's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.