Company
Headquarters: Billings, MT, United States
Founded: Sheridan, Wyoming, United States 1968
Employees: 2,358
CEO: Mr. Kevin P. Riley
$3.14 Billion
USD as of Jan. 1, 2024
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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. It offers various traditional depository products, including checking, savings, and time deposits; and repurchase agreements primarily for commercial and municipal depositors. The company also offers real estate loans comprising commercial real estate, construction, residential, agricultural, and other real estate loans; consumer loans comprising direct personal loans, credit card loans and lines of credit, and indirect loans; variable and fixed rate commercial loans for small and medium-sized manufacturing, wholesale, retail, and service businesses for working capital needs and business expansions; and agricultural loans. In addition, it provides a range of trust, employee benefit, investment management, insurance, agency, and custodial services to individuals, businesses, and nonprofit organizations. Further, the company offers marketing, credit review, loan servicing, credit cards issuance and servicing, mortgage loan sales and servicing, indirect consumer loan purchasing and processing, loan collection services, and other operational services, as well as online and mobile banking services. It serves individuals, businesses, municipalities, and other entities in various industries, including agriculture, construction, education, energy, governmental services, healthcare, hospitality, housing, mining, professional services, real estate development, retail, technology, tourism, and wholesale trade. As of December 31, 2021, it operated 147 banking offices, including detached drive-up facilities in communities across Idaho, Montana, Oregon, South Dakota, Washington, and Wyoming. The company was incorporated in 1971 and is headquartered in Billings, Montana.
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First Interstate BancSystem, Inc. has the following listings and related stock indices.
Stock: NASDAQ: FIBK wb_incandescent
Stock: FSX: 4FB wb_incandescent
Checking accounts Savings accountsInsuranceInvestmentsMortgagesConsumer finance
David L. Jahnke (Chairman) Kevin P. Riley (President and CEO)
Revenue: US $293.4 million (2006)
Operating income: US $187.46 million (2006)
Net income: US $75.6 million USD (2006)