First Interstate BancSys Stock (NASDAQ: FIBK)

First Interstate BancSys Stock (NASDAQ:FIBK), Trade Ideas

First Interstate BancSys

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 majority of income from interest charged on loans, and interest and dividends earned on investments.

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Wells Fargo analyst Timur Braziler has assumed coverage of 15 banks in addition to the seven currently covered. The analyst transferred coverage of midcap banks, downgraded 4 to Equal Weight, and became more selective given the risk to earnings (rates, credit) and delayed consolidation benefits, mitigated by inexpensive valuations.

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First Interstate BancSystem, Inc. - Common Stock

First Interstate BancSystem Inc

<p>Piper Sandler  analyst Matthew Clark   maintains First Interstate BancSys (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FIBK#NASDAQ">FIBK</a>) with a Overweight and raises the price target from $32 to $37.</p>


Piper Sandler Maintains Overweight on First Interstate BancSys, Raises Price Target to $37

<p>In the last three months, 5 analysts have published ratings on First Interstate BancSys (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FIBK#NASDAQ">FIBK</a>), offering a diverse range of perspectives from bullish to bearish.</p>
<p>The following table summarizes their recent ratings, shedding light on the changing sentiments within the past 30 days and comparing them to the preceding months.</p>
<table>
<thead>
<tr>
<th></th>
<th style="text-align: right;"><strong>Bullish</strong></th>
<th style="text-align: right;"><strong>Somewhat Bullish</strong></th>
<th style="text-align: right;"><strong>Indifferent</strong></th>
<th style="text-align: right;"><strong>Somewhat Bearish</strong></th>
<th style="text-align: right;"><strong>Bearish</strong></th>
</tr>
</thead>
<tbody>
<tr>
<td><strong>Total Ratings</strong></td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">4</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td><strong>Last 30D</strong></td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td><strong>1M Ago</strong></td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td><strong>2M Ago</strong></td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td><strong>3M Ago</strong></td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
</tbody>
</table>
<p>Analysts' evaluations of 12-month price targets offer additional insights, showcasing an average target of $28.4, with a high estimate of $32.00 and a low estimate of $24.00. Observing a 7.86% increase, the current average has risen from the previous average price target of $26.33. </p>
<p><img src="https://www.benzinga.com/files/images/story/2024/1714143660_0.png" alt="price target chart" /></p>
<h2>Interpreting Analyst Ratings: A Closer Look</h2>
<p>The analysis of recent analyst actions sheds light on the perception of First Interstate BancSys by financial experts. The following summary presents key analysts, their recent evaluations, and adjustments to ratings and price targets.</p>
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>Christopher Mcgratty</td>
<td>Keefe, Bruyette &amp; Woods</td>
<td>Raises</td>
<td>Market Perform</td>
<td>$29.00</td>
<td>$28.00</td>
</tr>
<tr>
<td>Jared Shaw</td>
<td>Barclays</td>
<td>Raises</td>
<td>Equal-Weight</td>
<td>$29.00</td>
<td>$28.00</td>
</tr>
<tr>
<td>Andrew Terrell</td>
<td>Stephens &amp; Co.</td>
<td>Maintains</td>
<td>Overweight</td>
<td>$32.00</td>
<td>-</td>
</tr>
<tr>
<td>Timur Braziler</td>
<td>Wells Fargo</td>
<td>Raises</td>
<td>Equal-Weight</td>
<td>$24.00</td>
<td>$23.00</td>
</tr>
<tr>
<td>Jared Shaw</td>
<td>Barclays</td>
<td>Announces</td>
<td>Equal-Weight</td>
<td>$28.00</td>
<td>-</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li><strong>Action Taken:</strong> Analysts frequently update their recommendations based on evolving market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to First Interstate BancSys. This information provides a snapshot of how analysts perceive the current state of the company.</li>
<li><strong>Rating:</strong> Gaining insights, analysts provide qualitative assessments, ranging from 'Outperform' to 'Underperform'. These ratings reflect expectations for the relative performance of First Interstate BancSys compared to the broader market.</li>
<li><strong>Price Targets:</strong> Gaining insights, analysts provide estimates for the future value of First Interstate BancSys's stock. This comparison reveals trends in analysts' expectations over time.</li>
</ul>
<p>To gain a panoramic view of First Interstate BancSys's market performance, explore these analyst evaluations alongside essential financial indicators. Stay informed and make judicious decisions using our Ratings Table.</p>
<p><a href="https://www.benzinga.com/quote/FIBK/analyst-ratings?utm_source=Benzinga Insights"><strong>Stay up to date on First Interstate BancSys analyst ratings.</strong></a></p>
<h2>All You Need to Know About First Interstate BancSys</h2>
<p>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 majority of income from interest charged on loans, and interest and dividends earned on investments.</p>
<h3>First Interstate BancSys: Delving into Financials</h3>
<p><strong>Market Capitalization:</strong> With restricted market capitalization, the company is positioned below industry averages. This reflects a smaller scale relative to peers.</p>
<p><strong>Revenue Challenges:</strong> First Interstate BancSys's revenue growth over 3 months faced difficulties. As of 31 December, 2023, the company experienced a decline of approximately <strong>-15.9%</strong>. This indicates a decrease in top-line earnings. As compared to competitors, the company encountered difficulties, with a growth rate lower than the average among peers in the Financials sector.</p>
<p><strong>Net Margin:</strong> First Interstate BancSys's financial strength is reflected in its exceptional net margin, which exceeds industry averages. With a remarkable net margin of <strong>24.38%,</strong> the company showcases strong profitability and effective cost management.</p>
<p><strong>Return on Equity (ROE):</strong> First Interstate BancSys's financial strength is reflected in its exceptional ROE, which exceeds industry averages. With a remarkable ROE of <strong>1.95%,</strong> the company showcases efficient use of equity capital and strong financial health.</p>
<p><strong>Return on Assets (ROA):</strong> First Interstate BancSys's ROA excels beyond industry benchmarks, reaching <strong>0.2%</strong>. This signifies efficient management of assets and strong financial health.</p>
<p><strong>Debt Management:</strong> First Interstate BancSys's debt-to-equity ratio is notably higher than the industry average. With a ratio of <b>0.89</b>, the company relies more heavily on borrowed funds, indicating a higher level of financial risk.</p>
<h2>Analyst Ratings: What Are They?</h2>
<p>Experts in banking and financial systems, analysts specialize in reporting for specific stocks or defined sectors. Their comprehensive research involves attending company conference calls and meetings, analyzing financial statements, and engaging with insiders to generate what are known as analyst ratings for stocks. Typically, analysts assess and rate each stock once per quarter.</p>
<p>In addition to their assessments, some analysts extend their insights by offering predictions for key metrics such as earnings, revenue, and growth estimates. This supplementary information provides further guidance for traders. It is crucial to recognize that, despite their specialization, analysts are human and can only provide forecasts based on their beliefs.</p>
<p>This article was generated by Benzinga's automated content engine and reviewed by an editor.</p>


Demystifying First Interstate BancSys: Insights From 5 Analyst Reviews

<p>Keefe, Bruyette &amp; Woods  analyst Christopher Mcgratty   maintains First Interstate BancSys (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FIBK#NASDAQ">FIBK</a>) with a Market Perform and raises the price target from $28 to $29.</p>


Keefe, Bruyette & Woods Maintains Market Perform on First Interstate BancSys, Raises Price Target to $29

<p>Barclays  analyst Jared Shaw   maintains First Interstate BancSys (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FIBK#NASDAQ">FIBK</a>) with a Equal-Weight and raises the price target from $28 to $29.</p>


Barclays Maintains Equal-Weight on First Interstate BancSys, Raises Price Target to $29

<p>Stephens &amp; Co.  analyst Andrew Terrell   reiterates First Interstate BancSys (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FIBK#NASDAQ">FIBK</a>) with a Overweight and maintains $32 price target.</p>


Reiteration

Stephens & Co. Reiterates Overweight on First Interstate BancSys, Maintains $32 Price Target

<p>First Interstate BancSys (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FIBK#NASDAQ">FIBK</a>) reported quarterly earnings of $0.57 per share which beat the analyst consensus estimate of $0.49 by 16.33 percent.</p>


Earnings

First Interstate BancSys Q1 2024 GAAP EPS $0.57 Beats $0.49 Estimate

<p>Wells Fargo  analyst Timur Braziler   maintains First Interstate BancSys (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FIBK#NASDAQ">FIBK</a>) with a Equal-Weight and raises the price target from $23 to $24.</p>


Wells Fargo Maintains Equal-Weight on First Interstate BancSys, Raises Price Target to $24

WIIM

BSBR

CADE

CATY

CVBF

FFIN

GBCI

GLBZ

ITUB

Shares of companies in the broader financial sector are trading lower as stocks fall after hotter-than-expected March inflation data, which has caused rate cut uncertainty.

<p>Investors eagerly anticipate the dividend payout from <b>Washington Federal (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WAFD#NASDAQ">WAFD</a>)</b> on March 08, 2024. With a payout of $0.26 per share and an annualized dividend yield of 3.60%, this reward is exclusively for shareholders who held the stock before the ex-dividend date on February 22, 2024</p>
<h3>Washington Federal Recent Dividend Payouts</h3>
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<thead>
<tr>
<th><strong>Ex-Date</strong></th>
<th style="text-align: right;"><strong>Payments per year</strong></th>
<th><strong>Dividend</strong></th>
<th><strong>Yield</strong></th>
<th><strong>Announced</strong></th>
<th><strong>Record</strong></th>
<th><strong>Payable</strong></th>
</tr>
</thead>
<tbody>
<tr>
<td>2024-02-22</td>
<td style="text-align: right;">4</td>
<td>$0.26</td>
<td>3.6%</td>
<td>2024-02-13</td>
<td>2024-02-23</td>
<td>2024-03-08</td>
</tr>
<tr>
<td>2023-11-22</td>
<td style="text-align: right;">4</td>
<td>$0.25</td>
<td>3.96%</td>
<td>2023-11-14</td>
<td>2023-11-24</td>
<td>2023-12-08</td>
</tr>
<tr>
<td>2023-08-24</td>
<td style="text-align: right;">4</td>
<td>$0.25</td>
<td>3.33%</td>
<td>2023-08-15</td>
<td>2023-08-25</td>
<td>2023-09-08</td>
</tr>
<tr>
<td>2023-05-18</td>
<td style="text-align: right;">4</td>
<td>$0.25</td>
<td>3.91%</td>
<td>2023-05-09</td>
<td>2023-05-19</td>
<td>2023-06-02</td>
</tr>
<tr>
<td>2023-02-23</td>
<td style="text-align: right;">4</td>
<td>$0.25</td>
<td>2.78%</td>
<td>2023-02-14</td>
<td>2023-02-24</td>
<td>2023-03-10</td>
</tr>
<tr>
<td>2022-11-17</td>
<td style="text-align: right;">4</td>
<td>$0.24</td>
<td>2.52%</td>
<td>2022-11-08</td>
<td>2022-11-18</td>
<td>2022-12-02</td>
</tr>
<tr>
<td>2022-08-18</td>
<td style="text-align: right;">4</td>
<td>$0.24</td>
<td>2.79%</td>
<td>2022-08-09</td>
<td>2022-08-19</td>
<td>2022-09-02</td>
</tr>
<tr>
<td>2022-05-19</td>
<td style="text-align: right;">4</td>
<td>$0.24</td>
<td>3.11%</td>
<td>2022-05-10</td>
<td>2022-05-20</td>
<td>2022-06-03</td>
</tr>
<tr>
<td>2022-02-03</td>
<td style="text-align: right;">4</td>
<td>$0.24</td>
<td>2.7%</td>
<td>2022-01-25</td>
<td>2022-02-04</td>
<td>2022-02-18</td>
</tr>
<tr>
<td>2021-11-04</td>
<td style="text-align: right;">4</td>
<td>$0.23</td>
<td>2.55%</td>
<td>2021-10-26</td>
<td>2021-11-05</td>
<td>2021-11-19</td>
</tr>
<tr>
<td>2021-08-05</td>
<td style="text-align: right;">4</td>
<td>$0.23</td>
<td>2.88%</td>
<td>2021-07-27</td>
<td>2021-08-06</td>
<td>2021-08-20</td>
</tr>
<tr>
<td>2021-05-06</td>
<td style="text-align: right;">4</td>
<td>$0.23</td>
<td>2.8%</td>
<td>2021-04-27</td>
<td>2021-05-07</td>
<td>2021-05-21</td>
</tr>
</tbody>
</table>
<p>When comparing Washington Federal's dividend yield against its industry peers, the company sits comfortably in the middle, with its peer <b>First Interstate BancSys (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FIBK#NASDAQ">FIBK</a>)</b> having the highest annualized dividend yield at 7.05%.</p>
<h3>Analyzing Washington Federal Financial Health</h3>
<p>Companies that pay out steady cash dividends are attractive to income-seeking investors, and companies that are financially healthy tend to maintain their dividend payout schedule. For this reason, investors can find it insightful to see if a company has been increasing or decreasing their dividend payout schedule and if their earnings are growing. </p>
<h3>YoY Growth in Dividend Per Share</h3>
<p><img src="https://www.benzinga.com/files/images/story/2024/1709910314_0.png" alt="dividend chart graph" /></p>
<p>During the period of 2020 to 2023, the company experienced a notable growth in its dividend per share. The dividend per share increased from $0.88 to $1.00, reflecting the company's focus on providing greater returns to its shareholders.</p>
<h3>YoY Earnings Growth For Washington Federal</h3>
<p><img src="https://www.benzinga.com/files/images/story/2024/1709910314_1.png" alt="earning chart graph" /></p>
<p>From 2020 to 2023, Washington Federal has demonstrated an upward trend in earnings, with earnings per share rising from $1.98 to $3.72. This positive earnings growth bodes well for investors looking to generate income through cash dividend payouts.</p>
<h3>Recap</h3>
<p>In this article, we delve into Washington Federal's recent dividend payout and examine how it impacts shareholders. The company has announced a dividend distribution of $0.26 per share today, resulting in an annualized dividend yield of 3.60%.</p>
<p>When comparing Washington Federal's dividend yield against its industry peers, the company sits comfortably in the middle, with its peer First Interstate BancSys having the highest annualized dividend yield at 7.05%.</p>
<p>Given that Washington Federal has experienced an increase in dividend per share from 2020 to 2023 along with an increase in earnings per share, it could signal that the company is in good financial standing and that they could be positioned to continue distributing their profits back to their investors.</p>
<p>Investors should closely follow the company's performance in the coming quarters to stay up-to-date on any shifts in financials or dividend disbursements.</p>
<p>[Track real-time stock fluctuations for Washington Federal on Benzinga.](https://www.benzinga.com/quote/<b>Washington Federal (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/wafd#NASDAQ">WAFD</a>)</b>)</p>
<p><em>This article was generated by Benzinga's automated content engine and reviewed by an editor.</em></p>


Dividends

WAFD

Surpassing Expectations: Washington Federal Unleashes Growth Potential and Rewards Investors

<p>Barclays  analyst Jared Shaw   initiates coverage on First Interstate BancSys (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FIBK#NASDAQ">FIBK</a>) with a Equal-Weight rating and announces Price Target of $28.</p>


Initiation

Barclays Initiates Coverage On First Interstate BancSys with Equal-Weight Rating, Announces Price Target of $28

<p>Today, February 19, 2024, marks an important moment for investors of <b>First Interstate BancSys (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FIBK#NASDAQ">FIBK</a>)</b>. The company will distribute a dividend payout of $0.47 per share, demonstrating an annualized dividend yield of 6.60%. Remember, only shareholders prior to the ex-dividend date on February 08, 2024 are eligible for this payout.</p>
<h3>First Interstate BancSys Recent Dividend Payouts</h3>
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<thead>
<tr>
<th><strong>Ex-Date</strong></th>
<th style="text-align: right;"><strong>Payments per year</strong></th>
<th><strong>Dividend</strong></th>
<th><strong>Yield</strong></th>
<th><strong>Announced</strong></th>
<th><strong>Record</strong></th>
<th><strong>Payable</strong></th>
</tr>
</thead>
<tbody>
<tr>
<td>2024-02-08</td>
<td style="text-align: right;">4</td>
<td>$0.47</td>
<td>6.6%</td>
<td>2024-01-26</td>
<td>2024-02-09</td>
<td>2024-02-19</td>
</tr>
<tr>
<td>2023-11-03</td>
<td style="text-align: right;">4</td>
<td>$0.47</td>
<td>8.45%</td>
<td>2023-10-24</td>
<td>2023-11-06</td>
<td>2023-11-16</td>
</tr>
<tr>
<td>2023-08-04</td>
<td style="text-align: right;">4</td>
<td>$0.47</td>
<td>6.9%</td>
<td>2023-07-25</td>
<td>2023-08-07</td>
<td>2023-08-17</td>
</tr>
<tr>
<td>2023-05-05</td>
<td style="text-align: right;">4</td>
<td>$0.47</td>
<td>6.81%</td>
<td>2023-04-25</td>
<td>2023-05-08</td>
<td>2023-05-18</td>
</tr>
<tr>
<td>2023-02-06</td>
<td style="text-align: right;">4</td>
<td>$0.47</td>
<td>5.05%</td>
<td>2023-01-25</td>
<td>2023-02-07</td>
<td>2023-02-17</td>
</tr>
<tr>
<td>2022-11-07</td>
<td style="text-align: right;">4</td>
<td>$0.47</td>
<td>4.46%</td>
<td>2022-10-24</td>
<td>2022-11-08</td>
<td>2022-11-18</td>
</tr>
<tr>
<td>2022-08-08</td>
<td style="text-align: right;">4</td>
<td>$0.41</td>
<td>4.15%</td>
<td>2022-07-25</td>
<td>2022-08-09</td>
<td>2022-08-19</td>
</tr>
<tr>
<td>2022-05-09</td>
<td style="text-align: right;">4</td>
<td>$0.41</td>
<td>4.92%</td>
<td>2022-04-27</td>
<td>2022-05-10</td>
<td>2022-05-20</td>
</tr>
<tr>
<td>2022-02-09</td>
<td style="text-align: right;">4</td>
<td>$0.41</td>
<td>4.13%</td>
<td>2022-01-26</td>
<td>2022-02-10</td>
<td>2022-02-21</td>
</tr>
<tr>
<td>2021-11-05</td>
<td style="text-align: right;">4</td>
<td>$0.41</td>
<td>3.88%</td>
<td>2021-10-25</td>
<td>2021-11-08</td>
<td>2021-11-18</td>
</tr>
<tr>
<td>2021-08-06</td>
<td style="text-align: right;">4</td>
<td>$0.41</td>
<td>3.93%</td>
<td>2021-07-26</td>
<td>2021-08-09</td>
<td>2021-08-19</td>
</tr>
<tr>
<td>2021-05-10</td>
<td style="text-align: right;">4</td>
<td>$0.41</td>
<td>3.37%</td>
<td>2021-04-26</td>
<td>2021-05-11</td>
<td>2021-05-21</td>
</tr>
</tbody>
</table>
<p>First Interstate BancSys's dividend yield falls in the middle range when compared to its industry peers, with <b>TFS Financial (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TFSL#NASDAQ">TFSL</a>)</b> having the highest annualized dividend yield at 8.45%.</p>
<h3>Analyzing First Interstate BancSys Financial Health</h3>
<p>Companies that pay out steady cash dividends are attractive to income-seeking investors, and companies that are financially healthy tend to maintain their dividend payout schedule. For this reason, investors can find it insightful to see if a company has been increasing or decreasing their dividend payout schedule and if their earnings are growing. </p>
<h3>YoY Growth in Dividend Per Share</h3>
<p><img src="https://www.benzinga.com/files/images/story/2024/1708355103_0.png" alt="dividend chart graph" /></p>
<p>During the period of 2021 to 2023, the company experienced a notable growth in its dividend per share. The dividend per share increased from $1.64 to $1.88, reflecting the company's focus on providing greater returns to its shareholders.</p>
<h3>YoY Earnings Growth For First Interstate BancSys</h3>
<p><img src="https://www.benzinga.com/files/images/story/2024/1708355103_1.png" alt="earning chart graph" /></p>
<p>The earnings chart above shows that from 2021 to 2023, First Interstate BancSys has experienced an increase in their earnings from $2.60 per share to $2.71 per share. This positive earnings trend is promising for income-seeking investors as it suggests that the company has more potential to increase its cash dividend payout if the trend continues.</p>
<h3>Recap</h3>
<p>In this article, we explore the recent dividend payout of First Interstate BancSys and its significance for shareholders. The company has decided to distribute a dividend of $0.47 per share today, which equates to an annualized dividend yield of 6.60%.</p>
<p>First Interstate BancSys's dividend yield falls in the middle range when compared to its industry peers, with TFS Financial having the highest annualized dividend yield at 8.45%.</p>
<p>The upward trend in dividend per share and earnings per share for First Interstate BancSys from 2021 to 2023 reflects a strong financial position, supporting the company's ability to consistently distribute profits to their investors.</p>
<p>To stay well-informed about potential changes in financials or dividend disbursements, investors should closely observe the company's performance in the upcoming quarters.</p>
<p>[Monitor live stock price updates for First Interstate BancSys on Benzinga.](https://www.benzinga.com/quote/<b>First Interstate BancSys (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/fibk#NASDAQ">FIBK</a>)</b>)</p>
<p><em>This article was generated by Benzinga's automated content engine and reviewed by an editor.</em></p>


TFSL

First Interstate BancSys Coping with Challenges: Bouncing Back with Steady Distribution and Decreasing Investor Rewards

<p>By the close of today, February 16, 2024, <b>Pacific Premier Bancorp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PPBI#NASDAQ">PPBI</a>)</b> will issue a dividend payout of $0.33 per share, resulting in an annualized dividend yield of 4.72%. This payout is exclusively for shareholders who held the stock before the ex-dividend date on February 08, 2024.</p>
<h3>Pacific Premier Bancorp Recent Dividend Payouts</h3>
<style>
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            padding: 8px;
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        }

        th {
            background-color: #293a5a;
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            font-size: 12px;
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    </style><table>
<thead>
<tr>
<th><strong>Ex-Date</strong></th>
<th style="text-align: right;"><strong>Payments per year</strong></th>
<th><strong>Dividend</strong></th>
<th><strong>Yield</strong></th>
<th><strong>Announced</strong></th>
<th><strong>Record</strong></th>
<th><strong>Payable</strong></th>
</tr>
</thead>
<tbody>
<tr>
<td>2024-02-08</td>
<td style="text-align: right;">4</td>
<td>$0.33</td>
<td>4.72%</td>
<td>2024-01-27</td>
<td>2024-02-09</td>
<td>2024-02-16</td>
</tr>
<tr>
<td>2023-11-02</td>
<td style="text-align: right;">4</td>
<td>$0.33</td>
<td>6.43%</td>
<td>2023-10-23</td>
<td>2023-11-03</td>
<td>2023-11-13</td>
</tr>
<tr>
<td>2023-08-04</td>
<td style="text-align: right;">4</td>
<td>$0.33</td>
<td>5.43%</td>
<td>2023-07-25</td>
<td>2023-08-07</td>
<td>2023-08-14</td>
</tr>
<tr>
<td>2023-05-05</td>
<td style="text-align: right;">4</td>
<td>$0.33</td>
<td>5.91%</td>
<td>2023-04-24</td>
<td>2023-05-08</td>
<td>2023-05-15</td>
</tr>
<tr>
<td>2023-02-02</td>
<td style="text-align: right;">4</td>
<td>$0.33</td>
<td>4.3%</td>
<td>2023-01-24</td>
<td>2023-02-03</td>
<td>2023-02-10</td>
</tr>
<tr>
<td>2022-10-28</td>
<td style="text-align: right;">4</td>
<td>$0.33</td>
<td>3.77%</td>
<td>2022-10-19</td>
<td>2022-10-31</td>
<td>2022-11-10</td>
</tr>
<tr>
<td>2022-07-29</td>
<td style="text-align: right;">4</td>
<td>$0.33</td>
<td>4.37%</td>
<td>2022-07-19</td>
<td>2022-08-01</td>
<td>2022-08-12</td>
</tr>
<tr>
<td>2022-05-05</td>
<td style="text-align: right;">4</td>
<td>$0.33</td>
<td>3.7%</td>
<td>2022-04-22</td>
<td>2022-05-06</td>
<td>2022-05-13</td>
</tr>
<tr>
<td>2022-02-03</td>
<td style="text-align: right;">4</td>
<td>$0.33</td>
<td>2.98%</td>
<td>2022-01-18</td>
<td>2022-02-04</td>
<td>2022-02-11</td>
</tr>
<tr>
<td>2021-10-29</td>
<td style="text-align: right;">4</td>
<td>$0.33</td>
<td>3.15%</td>
<td>2021-10-19</td>
<td>2021-11-01</td>
<td>2021-11-12</td>
</tr>
<tr>
<td>2021-08-05</td>
<td style="text-align: right;">4</td>
<td>$0.33</td>
<td>3.55%</td>
<td>2021-07-23</td>
<td>2021-08-06</td>
<td>2021-08-13</td>
</tr>
<tr>
<td>2021-05-06</td>
<td style="text-align: right;">4</td>
<td>$0.33</td>
<td>3.17%</td>
<td>2021-04-23</td>
<td>2021-05-07</td>
<td>2021-05-14</td>
</tr>
</tbody>
</table>
<p>With a dividend yield that places it neither at the top nor the bottom, Pacific Premier Bancorp finds itself in the middle among its industry peers, while <b>First Interstate BancSys (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FIBK#NASDAQ">FIBK</a>)</b> boasts the highest annualized dividend yield at 7.02%.</p>
<h3>Analyzing Pacific Premier Bancorp Financial Health</h3>
<p>Companies that pay out steady cash dividends are attractive to income-seeking investors, and companies that are financially healthy tend to maintain their dividend payout schedule. For this reason, investors can find it insightful to see if a company has been increasing or decreasing their dividend payout schedule and if their earnings are growing. </p>
<h3>YoY Growth in Dividend Per Share</h3>
<p><img src="https://www.benzinga.com/files/images/story/2024/1708095905_0.png" alt="dividend chart graph" /></p>
<p>The company demonstrated a positive dividend growth pattern from 2020 to 2023, with the dividend per share rising from $1.03 to $1.32. This signifies the company's commitment to consistently increasing shareholder dividends.</p>
<h3>YoY Earnings Growth For Pacific Premier Bancorp</h3>
<p><img src="https://www.benzinga.com/files/images/story/2024/1708095905_1.png" alt="earning chart graph" /></p>
<p>From 2020 to 2023, Pacific Premier Bancorp has demonstrated an upward trend in earnings, with earnings per share rising from $0.41 to $2.51. This positive earnings growth bodes well for investors looking to generate income through cash dividend payouts.</p>
<h3>Recap</h3>
<p>In this article, we delve into Pacific Premier Bancorp's recent dividend payout and examine how it impacts shareholders. The company has announced a dividend distribution of $0.33 per share today, resulting in an annualized dividend yield of 4.72%.</p>
<p>With a dividend yield that places it neither at the top nor the bottom, Pacific Premier Bancorp finds itself in the middle among its industry peers, while First Interstate BancSys boasts the highest annualized dividend yield at 7.02%.</p>
<p>Considering the increase in dividend per share from 2020 to 2023 along with an increase in earnings per share, Pacific Premier Bancorp appears to be in a strong financial position, indicating their ability to sustain dividend distributions to investors.</p>
<p>Keeping a vigilant eye on the company's performance in the coming quarters will allow investors to stay current with any variations in financials or dividend disbursements.</p>
<p>\To keep track of which companies are distributing dividends, <a href="https://www.benzinga.com/calendars/dividends">click here</a> to visit our Dividends Calendar. </p>
<p><em>This article was generated by Benzinga's automated content engine and reviewed by an editor.</em></p>


PPBI

Elevating Investor Returns: Pacific Premier Bancorp Delivers Strong Performance and Growing Profits

ABCB

BANF

BBDO

BOKF

DCOM

FCBC

FITB

GBNY

GNTY

HIFS

HOMB

IBOC

INDB

NYCB

SASR

SBCF

SFBS

TCBI

TOWN

UCBI

UMBF

WSFS

ZION

Shares of several bank stocks are trading lower after January CPI data showed a greater-than-expected rise in inflation, which increased uncertainty surrounding future rate cuts.

ACNB

HTLF

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SFNC

SMBC

Shares of banking companies are trading lower amid overall market weakness after the Federal Reserve left rates unchanged.

<p><strong>First Interstate BancSys</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FIBK#NASDAQ">FIBK</a>) reported its Q4 earnings results on Tuesday, January 30, 2024 at 04:23 PM.</p>
<p>Here's what investors need to know about the announcement.</p>
<h3>Earnings</h3>
<p>First Interstate BancSys missed estimated earnings by 3.28%, reporting an EPS of $0.59 versus an estimate of $0.61.</p>
<p>Revenue was down $47.70 million from the same period last year.</p>
<h3>Past Earnings Performance</h3>
<p>Last quarter the company beat on EPS by $0.08 which was followed by a 8.65% increase in the share price the next day.</p>
<p>Here's a look at First Interstate BancSys's past performance:</p>
<p>
<table>
<thead>
<tr>
<th><strong>Quarter</strong></th>
<th><strong>Q3 2023</strong></th>
<th><strong>Q2 2023</strong></th>
<th><strong>Q1 2023</strong></th>
<th><strong>Q4 2022</strong></th>
</tr>
</thead>
<tbody>
<tr>
<td><strong>EPS Estimate</strong></td>
<td>0.62</td>
<td>0.67</td>
<td>0.80</td>
<td>1.03</td>
</tr>
<tr>
<td><strong>EPS Actual</strong></td>
<td>0.70</td>
<td>0.65</td>
<td>0.54</td>
<td>0.82</td>
</tr>
<tr>
<td><strong>Revenue Estimate</strong></td>
<td>258.97M</td>
<td>271.94M</td>
<td>289.11M</td>
<td>313.35M</td>
</tr>
<tr>
<td><strong>Revenue Actual</strong></td>
<td>255.70M</td>
<td>262.50M</td>
<td>255.30M</td>
<td>300.00M</td>
</tr>
</tbody>
</table>
</p>
<p>To track all earnings releases for First Interstate BancSys <a href="https://www.benzinga.com/quote/FIBK/earnings">visit their earnings calendar here.</a> </p>
<p>This article was generated by Benzinga's automated content engine and reviewed by an editor.</p>


Recap: First Interstate BancSys Q4 Earnings

<p>First Interstate BancSys (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FIBK#NASDAQ">FIBK</a>) reported quarterly earnings of $0.59 per share which missed the analyst consensus estimate of $0.61 by 3.28 percent. This is a 28.05 percent decrease over earnings of $0.82 per share from the same period last year.  The company reported quarterly sales of $252.30 million which missed the analyst consensus estimate of $252.73 million by 0.17 percent.  This is a 15.90 percent decrease over sales of $300.00 million the same period last year.</p>


First Interstate BancSys Q4 EPS $0.59 Misses $0.61 Estimate, Sales $252.30M Miss $252.73M Estimate

<h3>Companies Reporting Before The Bell</h3>
<p>&bull; CommVault Systems (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CVLT#NASDAQ">CVLT</a>) is estimated to report quarterly earnings at $0.73 per share on revenue of $208.06 million.</p>
<p>&bull; Hubbell (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HUBB#NYSE">HUBB</a>) is expected to report quarterly earnings at $3.57 per share on revenue of $1.32 billion.</p>
<p>&bull; ManpowerGroup (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MAN#NYSE">MAN</a>) is estimated to report quarterly earnings at $1.20 per share on revenue of $4.56 billion.</p>
<p>&bull; Corning (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GLW#NYSE">GLW</a>) is likely to report quarterly earnings at $0.39 per share on revenue of $3.25 billion.</p>
<p>&bull; Cambridge (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CATC#NASDAQ">CATC</a>) is estimated to report quarterly earnings at $0.93 per share on revenue of $38.38 million.</p>
<p>&bull; Malibu Boats (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MBUU#NASDAQ">MBUU</a>) is likely to report quarterly earnings at $0.48 per share on revenue of $219.70 million.</p>
<p>&bull; Oshkosh (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/OSK#NYSE">OSK</a>) is expected to report quarterly earnings at $2.24 per share on revenue of $2.46 billion.</p>
<p>&bull; Johnson Controls Intl (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/JCI#NYSE">JCI</a>) is likely to report quarterly earnings at $0.51 per share on revenue of $6.12 billion.</p>
<p>&bull; Pentair (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PNR#NYSE">PNR</a>) is projected to report quarterly earnings at $0.86 per share on revenue of $976.03 million.</p>
<p>&bull; MPLX (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MPLX#NYSE">MPLX</a>) is projected to report quarterly earnings at $0.94 per share on revenue of $2.85 billion.</p>
<p>&bull; MSCI (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MSCI#NYSE">MSCI</a>) is estimated to report quarterly earnings at $3.29 per share on revenue of $662.73 million.</p>
<p>&bull; Pfizer (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PFE#NYSE">PFE</a>) is likely to report quarterly loss at $0.22 per share on revenue of $14.21 billion.</p>
<p>&bull; Marathon Petroleum (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MPC#NYSE">MPC</a>) is likely to report quarterly earnings at $2.21 per share on revenue of $34.66 billion.</p>
<p>&bull; JetBlue Airways (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/JBLU#NASDAQ">JBLU</a>) is likely to report quarterly loss at $0.28 per share on revenue of $2.28 billion.</p>
<p>&bull; PulteGroup (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PHM#NYSE">PHM</a>) is projected to report quarterly earnings at $3.22 per share on revenue of $4.48 billion.</p>
<p>&bull; M.D.C. Holdings (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MDC#NYSE">MDC</a>) is expected to report quarterly earnings at $1.49 per share on revenue of $1.29 billion.</p>
<p>&bull; Polaris (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PII#NYSE">PII</a>) is expected to report quarterly earnings at $2.58 per share on revenue of $2.23 billion.</p>
<p>&bull; Chunghwa Telecom (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CHT#NYSE">CHT</a>) is estimated to report earnings for its fourth quarter.</p>
<p>&bull; Hope Bancorp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HOPE#NASDAQ">HOPE</a>) is expected to report quarterly earnings at $0.21 per share on revenue of $138.35 million.</p>
<p>&bull; Camden National (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CAC#NASDAQ">CAC</a>) is estimated to report quarterly earnings at $0.79 per share on revenue of $42.22 million.</p>
<p>&bull; HCA Healthcare (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HCA#NYSE">HCA</a>) is projected to report quarterly earnings at $5.04 per share on revenue of $16.51 billion.</p>
<p>&bull; A.O. Smith (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AOS#NYSE">AOS</a>) is expected to report quarterly earnings at $0.95 per share on revenue of $983.30 million.</p>
<p>&bull; General Motors (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GM#NYSE">GM</a>) is estimated to report quarterly earnings at $1.16 per share on revenue of $38.75 billion.</p>
<p>&bull; Danaher (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DHR#NYSE">DHR</a>) is expected to report quarterly earnings at $1.88 per share on revenue of $6.07 billion.</p>
<p>&bull; United Parcel Service (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UPS#NYSE">UPS</a>) is likely to report quarterly earnings at $2.47 per share on revenue of $25.48 billion.</p>
<p>&bull; Sysco (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SYY#NYSE">SYY</a>) is likely to report quarterly earnings at $0.88 per share on revenue of $19.34 billion.</p>
<p>&bull; BBVA (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BBVA#NYSE">BBVA</a>) is likely to report earnings for its fourth quarter.</p>
<h3>Companies Reporting After The Bell</h3>
<p>&bull; Northeast Bank (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NBN#NASDAQ">NBN</a>) is expected to report quarterly earnings at $1.72 per share on revenue of $36.98 million.</p>
<p>&bull; Robert Half (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RHI#NYSE">RHI</a>) is expected to report quarterly earnings at $0.82 per share on revenue of $1.47 billion.</p>
<p>&bull; Ashland (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ASH#NYSE">ASH</a>) is expected to report quarterly earnings at $0.19 per share on revenue of $477.78 million.</p>
<p>&bull; Teradyne (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TER#NASDAQ">TER</a>) is likely to report quarterly earnings at $0.71 per share on revenue of $674.77 million.</p>
<p>&bull; Artisan Partners Asset (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/APAM#NYSE">APAM</a>) is estimated to report quarterly earnings at $0.74 per share on revenue of $249.60 million.</p>
<p>&bull; Enova International (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ENVA#NYSE">ENVA</a>) is expected to report quarterly earnings at $1.66 per share on revenue of $586.33 million.</p>
<p>&bull; Advanced Micro Devices (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMD#NASDAQ">AMD</a>) is expected to report quarterly earnings at $0.77 per share on revenue of $6.12 billion.</p>
<p>&bull; Chubb (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CB#NYSE">CB</a>) is estimated to report quarterly earnings at $5.12 per share on revenue of $9.93 billion.</p>
<p>&bull; Juniper Networks (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/JNPR#NYSE">JNPR</a>) is projected to report quarterly earnings at $0.64 per share on revenue of $1.41 billion.</p>
<p>&bull; RenaissanceRe Holdings (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RNR#NYSE">RNR</a>) is expected to report quarterly earnings at $8.10 per share on revenue of $1.89 billion.</p>
<p>&bull; First Interstate BancSys (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FIBK#NASDAQ">FIBK</a>) is expected to report quarterly earnings at $0.61 per share on revenue of $252.73 million.</p>
<p>&bull; Fortune Brands (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FBIN#NYSE">FBIN</a>) is likely to report quarterly earnings at $0.93 per share on revenue of $1.18 billion.</p>
<p>&bull; Lifevantage (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LFVN#NASDAQ">LFVN</a>) is estimated to report quarterly earnings at $0.04 per share on revenue of $54.65 million.</p>
<p>&bull; Mondelez International (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MDLZ#NASDAQ">MDLZ</a>) is expected to report quarterly earnings at $0.77 per share on revenue of $9.29 billion.</p>
<p>&bull; Starbucks (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SBUX#NASDAQ">SBUX</a>) is likely to report quarterly earnings at $0.94 per share on revenue of $9.63 billion.</p>
<p>&bull; Stryker (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SYK#NYSE">SYK</a>) is likely to report quarterly earnings at $3.27 per share on revenue of $5.60 billion.</p>
<p>&bull; Hawaiian Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HA#NASDAQ">HA</a>) is likely to report quarterly loss at $2.34 per share on revenue of $668.97 million.</p>
<p>&bull; Skyworks Solutions (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SWKS#NASDAQ">SWKS</a>) is estimated to report quarterly earnings at $1.95 per share on revenue of $1.20 billion.</p>
<p>&bull; Alphabet (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOG#NASDAQ">GOOG</a>) is expected to report quarterly earnings at $1.59 per share on revenue of $85.22 billion.</p>
<p>&bull; Alphabet (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOGL#NASDAQ">GOOGL</a>) is projected to report quarterly earnings at $1.59 per share on revenue of $85.26 billion.</p>
<p>&bull; Littelfuse (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LFUS#NASDAQ">LFUS</a>) is expected to report quarterly earnings at $2.12 per share on revenue of $545.81 million.</p>
<p>&bull; UMB Financial (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/UMBF#NASDAQ">UMBF</a>) is estimated to report quarterly earnings at $1.76 per share on revenue of $360.69 million.</p>
<p>&bull; Match Group (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MTCH#NASDAQ">MTCH</a>) is projected to report quarterly earnings at $0.49 per share on revenue of $861.46 million.</p>
<p>&bull; Boston Props (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BXP#NYSE">BXP</a>) is projected to report earnings for its fourth quarter.</p>
<p>&bull; Unum Gr (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UNM#NYSE">UNM</a>) is projected to report quarterly earnings at $1.86 per share on revenue of $3.14 billion.</p>
<p>&bull; Canadian Pacific Kansas (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CP#NYSE">CP</a>) is likely to report quarterly earnings at $1.13 per share on revenue of $3.68 billion.</p>
<p>&bull; Manhattan Associates (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MANH#NASDAQ">MANH</a>) is likely to report quarterly earnings at $0.80 per share on revenue of $223.97 million.</p>
<p>&bull; Axos Financial (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AX#NYSE">AX</a>) is expected to report quarterly earnings at $1.38 per share on revenue of $247.50 million.</p>
<p>&bull; Electronic Arts (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/EA#NASDAQ">EA</a>) is likely to report quarterly earnings at $2.94 per share on revenue of $2.40 billion.</p>
<p>&bull; Modine Manufacturing (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MOD#NYSE">MOD</a>) is expected to report quarterly earnings at $0.59 per share on revenue of $594.92 million.</p>
<p>&bull; First Commonwealth (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FCF#NYSE">FCF</a>) is likely to report quarterly earnings at $0.39 per share on revenue of $123.59 million.</p>
<p>&bull; Powell Industries (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/POWL#NASDAQ">POWL</a>) is estimated to report quarterly earnings at $0.84 per share on revenue of $182.04 million.</p>
<p>&bull; Microsoft (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NASDAQ">MSFT</a>) is expected to report quarterly earnings at $2.78 per share on revenue of $61.13 billion.</p>
<p>&bull; Equity Residential (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EQR#NYSE">EQR</a>) is projected to report earnings for its fourth quarter.</p>
<p>This article was generated by Benzinga&#39;s automated content engine and reviewed by an editor.</p>


APAM

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CVLT

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FBIN

GOOG

GOOGL

HOPE

HUBB

JBLU

JNPR

LFUS

LFVN

MANH

MBUU

MDLZ

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MSCI

MSFT

MTCH

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Earnings Scheduled For January 30, 2024

<p><strong>First Interstate BancSys</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FIBK#NASDAQ">FIBK</a>) is set to give its latest quarterly earnings report on Tuesday, 2024-01-30. Here's what investors need to know before the announcement.</p>
<p>Analysts estimate that First Interstate BancSys will report an <strong>earnings per share</strong> (EPS) of $0.61. </p>
<p>First Interstate BancSys bulls will hope to hear the company announce they've not only beaten that estimate, but also to provide positive guidance, or forecasted growth, for the next quarter.</p>
<p>New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).</p>
<h3>Past Earnings Performance</h3>
<p>Last quarter the company beat EPS by $0.08, which was followed by a 8.65% increase in the share price the next day.</p>
<p>Here's a look at First Interstate BancSys's past performance and the resulting price change:</p>
<p>
<table>
<thead>
<tr>
<th><strong>Quarter</strong></th>
<th><strong>Q3 2023</strong></th>
<th><strong>Q2 2023</strong></th>
<th><strong>Q1 2023</strong></th>
<th><strong>Q4 2022</strong></th>
</tr>
</thead>
<tbody>
<tr>
<td><strong>EPS Estimate</strong></td>
<td>0.62</td>
<td>0.67</td>
<td>0.80</td>
<td>1.03</td>
</tr>
<tr>
<td><strong>EPS Actual</strong></td>
<td>0.70</td>
<td>0.65</td>
<td>0.54</td>
<td>0.82</td>
</tr>
<tr>
<td><strong>Price Change %</strong></td>
<td>8.65%</td>
<td>-2.02%</td>
<td>-0.72%</td>
<td>-10.85%</td>
</tr>
</tbody>
</table>
</p>
<p><img src="https://www.benzinga.com/files/images/story/2024/1706540516_0.png" alt="eps graph" /></p>
<h3>Stock Performance</h3>
<p>Shares of First Interstate BancSys were trading at $28.76 as of January 26. Over the last 52-week period, shares are down 19.47%. Given that these returns are generally negative, long-term shareholders are likely upset going into this earnings release. </p>
<p><a href="https://www.benzinga.com/quote/FIBK/earnings"><strong>To track all earnings releases for First Interstate BancSys visit their earnings calendar on our site.</strong></a></p>
<p><em>This article was generated by Benzinga's automated content engine and reviewed by an editor.</em></p>


First Interstate BancSys's Earnings: A Preview

<p>At the end of today, January 22, 2024, <b>CVB Financial (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CVBF#NASDAQ">CVBF</a>)</b> will distribute a dividend payout of $0.20 per share, translating to an annualized dividend yield of 3.86%. Shareholders who held the stock before the ex-dividend date on January 04, 2024 will benefit from this payout.</p>
<h3>CVB Financial Recent Dividend Payouts</h3>
<style>
        table {
            width: 100%;
            border-collapse: collapse;
            font-family: Arial, sans-serif;
            font-size: 14px;
        }

        th, td {
            padding: 8px;
            text-align: left;
        }

        th {
            background-color: #293a5a;
            color: #fff;
            text-align: left;
        }

        tr:nth-child(even) {
            background-color: #f2f4f8;
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        }

        .dividend-frequency {
            font-size: 12px;
            color: #6c757d;
        }
    </style><table>
<thead>
<tr>
<th><strong>Ex-Date</strong></th>
<th style="text-align: right;"><strong>Payments per year</strong></th>
<th><strong>Dividend</strong></th>
<th><strong>Yield</strong></th>
<th><strong>Announced</strong></th>
<th><strong>Record</strong></th>
<th><strong>Payable</strong></th>
</tr>
</thead>
<tbody>
<tr>
<td>2024-01-04</td>
<td style="text-align: right;">4</td>
<td>$0.2</td>
<td>3.86%</td>
<td>2023-12-20</td>
<td>2024-01-05</td>
<td>2024-01-22</td>
</tr>
<tr>
<td>2023-10-03</td>
<td style="text-align: right;">4</td>
<td>$0.2</td>
<td>4.76%</td>
<td>2023-09-20</td>
<td>2023-10-04</td>
<td>2023-10-19</td>
</tr>
<tr>
<td>2023-07-05</td>
<td style="text-align: right;">4</td>
<td>$0.2</td>
<td>5.59%</td>
<td>2023-06-21</td>
<td>2023-07-06</td>
<td>2023-07-20</td>
</tr>
<tr>
<td>2023-04-04</td>
<td style="text-align: right;">4</td>
<td>$0.2</td>
<td>4.24%</td>
<td>2023-03-22</td>
<td>2023-04-05</td>
<td>2023-04-19</td>
</tr>
<tr>
<td>2022-12-28</td>
<td style="text-align: right;">4</td>
<td>$0.2</td>
<td>3.02%</td>
<td>2022-12-14</td>
<td>2022-12-29</td>
<td>2023-01-13</td>
</tr>
<tr>
<td>2022-10-04</td>
<td style="text-align: right;">4</td>
<td>$0.2</td>
<td>2.97%</td>
<td>2022-09-21</td>
<td>2022-10-05</td>
<td>2022-10-20</td>
</tr>
<tr>
<td>2022-06-29</td>
<td style="text-align: right;">4</td>
<td>$0.19</td>
<td>3.19%</td>
<td>2022-06-15</td>
<td>2022-06-30</td>
<td>2022-07-15</td>
</tr>
<tr>
<td>2022-04-05</td>
<td style="text-align: right;">4</td>
<td>$0.18</td>
<td>3.07%</td>
<td>2022-03-23</td>
<td>2022-04-06</td>
<td>2022-04-20</td>
</tr>
<tr>
<td>2021-12-28</td>
<td style="text-align: right;">4</td>
<td>$0.18</td>
<td>3.38%</td>
<td>2021-12-15</td>
<td>2021-12-29</td>
<td>2022-01-12</td>
</tr>
<tr>
<td>2021-10-05</td>
<td style="text-align: right;">4</td>
<td>$0.18</td>
<td>3.79%</td>
<td>2021-09-22</td>
<td>2021-10-06</td>
<td>2021-10-21</td>
</tr>
<tr>
<td>2021-06-29</td>
<td style="text-align: right;">4</td>
<td>$0.18</td>
<td>3.24%</td>
<td>2021-06-16</td>
<td>2021-06-30</td>
<td>2021-07-15</td>
</tr>
<tr>
<td>2021-03-30</td>
<td style="text-align: right;">4</td>
<td>$0.18</td>
<td>3.03%</td>
<td>2021-03-17</td>
<td>2021-03-31</td>
<td>2021-04-14</td>
</tr>
</tbody>
</table>
<p>With a dividend yield that places it neither at the top nor the bottom, CVB Financial finds itself in the middle among its industry peers, while <b>First Interstate BancSys (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FIBK#NASDAQ">FIBK</a>)</b> boasts the highest annualized dividend yield at 6.45%.</p>
<h3>Analyzing CVB Financial Financial Health</h3>
<p>Companies that pay out steady cash dividends are attractive to income-seeking investors, and companies that are financially healthy tend to maintain their dividend payout schedule. For this reason, investors can find it insightful to see if a company has been increasing or decreasing their dividend payout schedule and if their earnings are growing. </p>
<h3>YoY Growth in Dividend Per Share</h3>
<p><img src="https://www.benzinga.com/files/images/story/2024/1705935904_0.png" alt="dividend chart graph" /></p>
<p>Investors witnessed an upward trajectory in the company's dividend per share between 2020 and 2023. The dividend per share rose from $0.72 to $0.80, indicating the company's dedication to enhancing shareholder value through increased dividends.</p>
<h3>YoY Earnings Growth For CVB Financial</h3>
<p><img src="https://www.benzinga.com/files/images/story/2024/1705935904_1.png" alt="earning chart graph" /></p>
<p>The earnings chart illustrates an increase in CVB Financial's earnings per share, from $1.30 in 2020 to $1.71 in 2023. This positive earnings growth provides income-seeking investors with optimism, as it suggests potential for higher cash dividend payouts in the future.</p>
<h3>Recap</h3>
<p>This article provides an in-depth analysis of CVB Financial's recent dividend distribution and the impact it has on shareholders. The company is currently distributing a dividend of $0.20 per share, resulting in an annualized dividend yield of 3.86%.</p>
<p>With a dividend yield that places it neither at the top nor the bottom, CVB Financial finds itself in the middle among its industry peers, while First Interstate BancSys boasts the highest annualized dividend yield at 6.45%.</p>
<p>The increase in both dividend per share and earnings per share from 2020 to 2023 for CVB Financial indicates a positive financial trend, suggesting their capacity to continue distributing profits to shareholders.</p>
<p>Keeping a vigilant eye on the company's performance in the coming quarters will allow investors to stay current with any variations in financials or dividend disbursements.</p>
<p>\To stay up-to-date with the companies that are announcing their dividends, <a href="https://www.benzinga.com/calendars/dividends">click here</a> to visit our Dividends Calendar.  </p>
<p><em>This article was generated by Benzinga's automated content engine and reviewed by an editor.</em></p>


Empowering Shareholders with Growth: CVB Financial Enhances Performance and Reports Rising Profits

<p>Investors eagerly anticipate the dividend payout from <b>Independent Bank (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/INDB#NASDAQ">INDB</a>)</b> on January 05, 2024. With a payout of $0.55 per share and an annualized dividend yield of 3.38%, this reward is exclusively for shareholders who held the stock before the ex-dividend date on December 22, 2023</p>
<h3>Independent Bank Recent Dividend Payouts</h3>
<style>
        table {
            width: 100%;
            border-collapse: collapse;
            font-family: Arial, sans-serif;
            font-size: 14px;
        }

        th, td {
            padding: 8px;
            text-align: left;
        }

        th {
            background-color: #293a5a;
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            text-align: left;
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            background-color: #f2f4f8;
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        }

        .dividend-frequency {
            font-size: 12px;
            color: #6c757d;
        }
    </style><table>
<thead>
<tr>
<th><strong>Ex-Date</strong></th>
<th style="text-align: right;"><strong>Payments per year</strong></th>
<th><strong>Dividend</strong></th>
<th><strong>Yield</strong></th>
<th><strong>Announced</strong></th>
<th><strong>Record</strong></th>
<th><strong>Payable</strong></th>
</tr>
</thead>
<tbody>
<tr>
<td>2023-12-22</td>
<td style="text-align: right;">4</td>
<td>$0.55</td>
<td>3.38%</td>
<td>2023-12-14</td>
<td>2023-12-26</td>
<td>2024-01-05</td>
</tr>
<tr>
<td>2023-09-29</td>
<td style="text-align: right;">4</td>
<td>$0.55</td>
<td>4.45%</td>
<td>2023-09-21</td>
<td>2023-10-02</td>
<td>2023-10-06</td>
</tr>
<tr>
<td>2023-06-23</td>
<td style="text-align: right;">4</td>
<td>$0.55</td>
<td>4.48%</td>
<td>2023-06-15</td>
<td>2023-06-26</td>
<td>2023-07-07</td>
</tr>
<tr>
<td>2023-03-24</td>
<td style="text-align: right;">4</td>
<td>$0.55</td>
<td>3.26%</td>
<td>2023-03-16</td>
<td>2023-03-27</td>
<td>2023-04-06</td>
</tr>
<tr>
<td>2022-12-23</td>
<td style="text-align: right;">4</td>
<td>$0.55</td>
<td>2.53%</td>
<td>2022-12-08</td>
<td>2022-12-27</td>
<td>2023-01-06</td>
</tr>
<tr>
<td>2022-09-23</td>
<td style="text-align: right;">4</td>
<td>$0.51</td>
<td>2.66%</td>
<td>2022-09-15</td>
<td>2022-09-26</td>
<td>2022-10-07</td>
</tr>
<tr>
<td>2022-06-24</td>
<td style="text-align: right;">4</td>
<td>$0.51</td>
<td>2.56%</td>
<td>2022-06-16</td>
<td>2022-06-27</td>
<td>2022-07-08</td>
</tr>
<tr>
<td>2022-03-25</td>
<td style="text-align: right;">4</td>
<td>$0.51</td>
<td>2.38%</td>
<td>2022-03-17</td>
<td>2022-03-28</td>
<td>2022-04-08</td>
</tr>
<tr>
<td>2021-12-23</td>
<td style="text-align: right;">4</td>
<td>$0.48</td>
<td>2.32%</td>
<td>2021-12-09</td>
<td>2021-12-27</td>
<td>2022-01-07</td>
</tr>
<tr>
<td>2021-09-24</td>
<td style="text-align: right;">4</td>
<td>$0.48</td>
<td>2.73%</td>
<td>2021-09-16</td>
<td>2021-09-27</td>
<td>2021-10-08</td>
</tr>
<tr>
<td>2021-06-25</td>
<td style="text-align: right;">4</td>
<td>$0.48</td>
<td>2.36%</td>
<td>2021-06-17</td>
<td>2021-06-28</td>
<td>2021-07-09</td>
</tr>
<tr>
<td>2021-03-26</td>
<td style="text-align: right;">4</td>
<td>$0.48</td>
<td>2.07%</td>
<td>2021-03-18</td>
<td>2021-03-29</td>
<td>2021-04-09</td>
</tr>
</tbody>
</table>
<p>When comparing Independent Bank's dividend yield against its industry peers, the company sits comfortably in the middle, with its peer <b>First Interstate BancSys (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FIBK#NASDAQ">FIBK</a>)</b> having the highest annualized dividend yield at 6.21%.</p>
<h3>Analyzing Independent Bank Financial Health</h3>
<p>Companies that pay out steady cash dividends are attractive to income-seeking investors, and companies that are financially healthy tend to maintain their dividend payout schedule. For this reason, investors can find it insightful to see if a company has been increasing or decreasing their dividend payout schedule and if their earnings are growing. </p>
<h3>YoY Growth in Dividend Per Share</h3>
<p><img src="https://www.benzinga.com/files/images/story/2024/1704467122_0.png" alt="dividend chart graph" /></p>
<p>Investors witnessed an upward trajectory in the company's dividend per share between 2020 and 2023. The dividend per share rose from $1.84 to $2.20, indicating the company's dedication to enhancing shareholder value through increased dividends.</p>
<h3>YoY Earnings Growth For Independent Bank</h3>
<p><img src="https://www.benzinga.com/files/images/story/2024/1704467122_1.png" alt="earning chart graph" /></p>
<p>From 2020 to 2023, Independent Bank experienced a growth in earnings per share, with an increase from $3.98 to $5.85. This positive earnings trend indicates the company's potential to enhance their cash dividend payout, which can benefit income-seeking investors.</p>
<h3>Recap</h3>
<p>This article delves into the recent dividend payout of Independent Bank and its implications for shareholders. Presently, the company is distributing a dividend of $0.55 per share, leading to an annualized dividend yield of 3.38%.</p>
<p>When comparing Independent Bank's dividend yield against its industry peers, the company sits comfortably in the middle, with its peer First Interstate BancSys having the highest annualized dividend yield at 6.21%.</p>
<p>Considering the increase in dividend per share from 2020 to 2023 along with an increase in earnings per share, Independent Bank appears to be in a strong financial position, indicating their ability to sustain dividend distributions to investors.</p>
<p>Keeping a close watch on the company's performance in the coming quarters will enable investors to stay abreast of any modifications in financials or dividend disbursements.</p>
<p>\To keep track of which companies are distributing dividends, <a href="https://www.benzinga.com/calendars/dividends">click here</a> to visit our Dividends Calendar. </p>
<p><em>This article was generated by Benzinga's automated content engine and reviewed by an editor.</em></p>


Empowering Shareholders with Growth: Independent Bank Enhances Performance and Reports Rising Profits

First Interstate Banc GAAP EPS of $0.57 beats by $0.07, revenue of $242.3M beats by $1.02M

<p><a href="https://investorplace.com">InvestorPlace - Stock Market News, Stock Advice &amp; Trading Tips</a></p>
<p><strong>First Interstate BancSys</strong> (NASDAQ:<span><a href="https://investorplace.com/stock-quotes/fibk-stock-quote/"><strong>FIBK</strong></a></span>) just reported results for the first quarter of 2024.</p><ul><li>First Interstate BancSys reported earnings per share of 57 cents. This was above the analyst estimate for EPS of 50 cents.</li><li>The company reported revenue of $242.20 million.</li><li>This was 0.38% better than the analyst estimate for revenue of $241.28 million.</li></ul><div><p>InvestorPlace Earnings is a project that leverages data from <a href="https://www.tradesmith.com">TradeSmith</a> to automate coverage of quarterly earnings reports. InvestorPlace Earnings distills key takeaways including earnings per share and revenue, as well as how a company stacks up to analyst estimates. These articles are published without human intervention, allowing us to inform our readers of the latest figures as quickly as possible. To report any concerns or inaccuracies, please contact us at <a href="mailto:editor@investorplace.com">editor@investorplace.com</a>.</p></div><h3>More From InvestorPlace</h3>
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	<p>The post <a href="https://investorplace.com/earning-results/2024/04/fibk-stock-earnings-first-interstate-bancsys-for-q1-of-2024/">FIBK Stock Earnings: First Interstate BancSys Beats EPS, Beats Revenue for Q1 2024</a> appeared first on <a href="https://investorplace.com">InvestorPlace</a>.</p>

FIBK Stock Earnings: First Interstate BancSys Beats EPS, Beats Revenue for Q1 2024

In a report released yesterday, Christopher Mcgratty from KBW maintained a Hold rating on First Interstate Bancsystem (FIBK – Research Report), wit...

First Interstate Bancsystem (FIBK) Receives a Hold from KBW

First Interstate BancSystem Inc. (FIBK) Q1 2024 Earnings Call Transcript

Analysts have been eager to weigh in on the Financial sector with new ratings on Moelis (MC – Research Report), First Interstate Bancsystem (FIBK –...

Analysts Offer Insights on Financial Companies: Moelis (MC), First Interstate Bancsystem (FIBK) and Willis Towers Watson (WTW)

Dividend Champion, Contender, And Challenger Highlights: Week Of April 28

Companies in the Financial sector have received a lot of coverage today as analysts weigh in on Esquire Financial Holdings (ESQ – Research Report),...

Analysts Offer Insights on Financial Companies: Esquire Financial Holdings (ESQ), FS KKR Capital (FSK) and First Interstate Bancsystem (FIBK)

First Interstate Banc goes ex dividend tomorrow

Wells Fargo analyst Mike Mayo maintained a Hold rating on First Interstate Bancsystem (FIBK – Research Report) yesterday and set a price target of ...

Wells Fargo Remains a Hold on First Interstate Bancsystem (FIBK)

First Interstate BancSystem: A Downgrade On Low Asset Quality And Deposit Woes

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Press Releases

First Interstate Subscribes to Two Community Solar Gardens to Increase Sustainability

Lorrie L. Asker Named Chief Banking Officer at First Interstate

First Interstate BancSystem, Inc. Announces Third Quarter Earnings Release and Conference Call

First Interstate BancSystem, Inc. Reports Third Quarter Earnings

Lori A. Meyer Named Chief Information Officer at First Interstate

KBW Announces Index Rebalancing for Fourth-Quarter 2023