First Short Term Investments vs Common Stock Shares Outstanding Analysis

FIBK Stock  USD 26.08  0.13  0.50%   
First Interstate financial indicator trend analysis is much more than just examining First Interstate Ban latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether First Interstate Ban is a good investment. Please check the relationship between First Interstate Short Term Investments and its Common Stock Shares Outstanding accounts. 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.

Short Term Investments vs Common Stock Shares Outstanding

Short Term Investments vs Common Stock Shares Outstanding Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of First Interstate Ban Short Term Investments account and Common Stock Shares Outstanding. At this time, the significance of the direction appears to have very strong relationship.
The correlation between First Interstate's Short Term Investments and Common Stock Shares Outstanding is 0.83. Overlapping area represents the amount of variation of Short Term Investments that can explain the historical movement of Common Stock Shares Outstanding in the same time period over historical financial statements of First Interstate BancSystem, assuming nothing else is changed. The correlation between historical values of First Interstate's Short Term Investments and Common Stock Shares Outstanding is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Term Investments of First Interstate BancSystem are associated (or correlated) with its Common Stock Shares Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Shares Outstanding has no effect on the direction of Short Term Investments i.e., First Interstate's Short Term Investments and Common Stock Shares Outstanding go up and down completely randomly.

Correlation Coefficient

0.83
Relationship DirectionPositive 
Relationship StrengthStrong

Short Term Investments

Short Term Investments is an item under the current assets section of First Interstate balance sheet. It contains any investments First Interstate BancSystem undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that First Interstate Ban can easily liquidate in the marketplace.

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.
Most indicators from First Interstate's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into First Interstate Ban current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. 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.
At this time, First Interstate's Selling General Administrative is quite stable compared to the past year. Sales General And Administrative To Revenue is expected to rise to 2.64 this year, although the value of Tax Provision will most likely fall to about 59.5 M.
 2021 2022 2023 2024 (projected)
Interest Expense17.3M78.9M656.8M689.6M
Depreciation And Amortization9.9M15.9M15.7M10.2M

First Interstate fundamental ratios Correlations

0.890.710.980.830.690.730.980.240.860.610.150.20.970.970.830.71-0.570.891.00.99-0.250.780.790.980.99
0.890.890.850.610.930.40.94-0.150.960.870.22-0.230.970.810.670.89-0.610.990.890.9-0.550.850.910.830.93
0.710.890.710.370.850.250.75-0.160.970.970.17-0.510.820.620.421.0-0.510.840.70.73-0.730.690.980.620.75
0.980.850.710.840.650.770.950.270.850.60.180.180.940.990.820.71-0.520.850.980.96-0.240.730.810.940.98
0.830.610.370.840.390.920.780.350.560.270.220.450.740.860.980.38-0.430.630.830.790.020.580.490.840.8
0.690.930.850.650.390.130.8-0.50.860.890.35-0.470.850.60.50.85-0.490.930.690.7-0.60.770.830.60.77
0.730.40.250.770.920.130.620.570.420.110.180.560.570.790.850.25-0.250.410.720.690.20.390.380.720.66
0.980.940.750.950.780.80.620.080.890.680.180.090.990.940.810.76-0.630.950.980.97-0.350.850.810.940.99
0.24-0.15-0.160.270.35-0.50.570.08-0.03-0.35-0.430.730.020.290.2-0.16-0.13-0.170.240.230.31-0.06-0.070.340.1
0.860.960.970.850.560.860.420.89-0.030.910.17-0.290.930.790.590.97-0.580.930.860.88-0.620.790.980.790.89
0.610.870.970.60.270.890.110.68-0.350.910.28-0.630.760.510.340.97-0.430.820.610.63-0.720.680.930.50.67
0.150.220.170.180.220.350.180.18-0.430.170.28-0.20.210.180.270.170.510.230.150.10.350.250.190.030.21
0.2-0.23-0.510.180.45-0.470.560.090.73-0.29-0.63-0.2-0.030.270.35-0.51-0.05-0.180.20.160.65-0.01-0.40.310.09
0.970.970.820.940.740.850.570.990.020.930.760.21-0.030.920.770.82-0.590.970.970.96-0.420.820.880.920.99
0.970.810.620.990.860.60.790.940.290.790.510.180.270.920.840.63-0.490.810.970.94-0.150.690.740.940.97
0.830.670.420.820.980.50.850.810.20.590.340.270.350.770.840.42-0.450.70.830.8-0.040.630.510.830.82
0.710.891.00.710.380.850.250.76-0.160.970.970.17-0.510.820.630.42-0.510.850.710.74-0.720.70.980.620.75
-0.57-0.61-0.51-0.52-0.43-0.49-0.25-0.63-0.13-0.58-0.430.51-0.05-0.59-0.49-0.45-0.51-0.61-0.57-0.610.7-0.63-0.51-0.62-0.57
0.890.990.840.850.630.930.410.95-0.170.930.820.23-0.180.970.810.70.85-0.610.90.9-0.510.850.860.840.93
1.00.890.70.980.830.690.720.980.240.860.610.150.20.970.970.830.71-0.570.90.99-0.250.790.790.980.98
0.990.90.730.960.790.70.690.970.230.880.630.10.160.960.940.80.74-0.610.90.99-0.310.790.810.980.97
-0.25-0.55-0.73-0.240.02-0.60.2-0.350.31-0.62-0.720.350.65-0.42-0.15-0.04-0.720.7-0.51-0.25-0.31-0.38-0.65-0.23-0.32
0.780.850.690.730.580.770.390.85-0.060.790.680.25-0.010.820.690.630.7-0.630.850.790.79-0.380.70.750.8
0.790.910.980.810.490.830.380.81-0.070.980.930.19-0.40.880.740.510.98-0.510.860.790.81-0.650.70.70.83
0.980.830.620.940.840.60.720.940.340.790.50.030.310.920.940.830.62-0.620.840.980.98-0.230.750.70.94
0.990.930.750.980.80.770.660.990.10.890.670.210.090.990.970.820.75-0.570.930.980.97-0.320.80.830.94
Click cells to compare fundamentals

First Interstate Account Relationship Matchups

First Interstate fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets14.6B17.6B19.7B32.3B30.7B32.2B
Short Long Term Debt Total102.7M100.8M199.4M2.6B3.7B3.9B
Total Current Liabilities141.7M150.2M152.1M460.4M16.7B17.5B
Total Stockholder Equity2.0B2.0B2.0B3.1B3.2B3.4B
Property Plant And Equipment Net306M312.3M299.6M444.7M444.3M234.0M
Net Debt(976M)(2.1B)(2.1B)1.7B3.1B3.2B
Retained Earnings953.6M962.1M1.1B1.1B1.1B658.1M
Accounts Payable141.7M150.2M152.1M460.4M432.6M454.2M
Cash1.1B2.3B2.3B870.4M577.9M789.5M
Non Current Assets Total4.1B5.1B7.5B12.1B29.9B31.4B
Non Currrent Assets Other(4.1B)(5.1B)(7.5B)(238.5M)27.8B29.2B
Other Assets6.5B6.2B4.9B12.3B14.1B9.8B
Cash And Short Term Investments4.0B6.3B7.2B7.8B(378.2M)(359.3M)
Net Receivables46.7M51.1M47.4M118.3M129.1M135.6M
Good Will711.7M700.8M690.9M1.2B1.1B1.2B
Common Stock Shares Outstanding63.9M63.7M61.7M103.3M103.8M53.3M
Liabilities And Stockholders Equity14.6B17.6B19.7B32.3B30.7B32.2B
Non Current Liabilities Total127.5M226.6M208.7M460.4M10.7B11.3B
Other Current Assets1.1B2.3B2.4B1.0B723.6M687.4M
Other Stockholder Equity11M600K(11M)11.5B13.2B13.8B
Total Liab12.6B15.7B17.7B29.2B27.4B28.8B
Property Plant And Equipment Gross306M312.3M495.8M666.9M673.5M707.2M
Total Current Assets4.1B6.3B7.2B7.9B723.6M687.4M
Accumulated Other Comprehensive Income11M56.6M(11M)(477.1M)(356.5M)(338.7M)
Short Term Debt697.7M1.1B1.1B3.4B3.4B3.6B
Intangible Assets30.2M24M28.2M31.1M109.7M115.2M
Short Term Investments3.0B4.0B4.8B6.9B5.8B6.1B
Common Stock1.0B941.1M945M2.5B2.4B2.6B
Other Liab26.7M30.9M165.2M16.2M14.6M13.9M
Long Term Debt102.7M100.8M199.4M2.6B283M336.8M
Inventory(1.1B)(2.3B)(2.4B)(1.0B)249.1M261.6M
Property Plant Equipment314.5M314.8M299.6M444.7M511.4M269.9M
Other Current Liab(141.7M)(150.2M)(152.1M)(460.4M)13.3B14.0B
Net Tangible Assets1.3B1.3B1.3B1.9B2.2B1.1B
Common Stock Total Equity1.0B941.1M945M2.5B2.8B3.0B
Retained Earnings Total Equity953.6M962.1M1.1B1.1B1.2B776.0M
Long Term Debt Total102.7M100.8M199.4M283.9M326.5M342.8M
Deferred Long Term Liab8.6M26.7M27.2M9.3M10.7M8.8M
Long Term Investments9.0B9.7B6.5B10.4B9.0B8.0B
Non Current Liabilities Other697.6M1.1B1.1B1.1B1.2B789.5M

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Additional Information and Resources on Investing in First Stock

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.
You can also try the Equity Valuation module to check real value of public entities based on technical and fundamental data.
Is Regional Banks space 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.