The current PE ratio for First Interstate Bancsystem stock as of Jul 25, 2024 is 12.81. This is calculated based on the TTM EPS of $2.51 and the stock price of $32.15 per share. The PE ratio has grown by 25% from its last 4 quarters average of 10.2.
The average historical PE ratio of First Interstate Bancsystem for the last ten years is 15.11. The current P/E ratio of 12.81 is 15% lower than the historical average. Looking back at the last ten years, FIBK's PE ratio peaked in the Sep 2022 quarter at 21.69, when the price was $40.35 and the EPS was $1.86. The lowest point was in the Jun 2023 quarter, when it reached 8.45 with a price of $23.84 and an EPS of $2.82.
Maximum annual increase: 51.23% in 2022
Maximum annual decrease: -37.12% in 2023
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 12.4 | -37.12% |
| 2022 | 19.72 | 51.23% |
| 2021 | 13.04 | -19.06% |
| 2020 | 16.11 | 9.15% |
| 2019 | 14.76 | 11.82% |
| 2018 | 13.2 | -31.78% |
| 2017 | 19.35 | -2.22% |
| 2016 | 19.79 | 30.71% |
| 2015 | 15.14 | 2.85% |
| 2014 | 14.72 | 2.72% |
Currently, FIBK's PE ratio is lower than its 3, 5 and 10-year averages.
In comparison to its peers USB and ZION, FIBK's PE ratio is lower, but it is higher than WFC's and WAL's. First Interstate Bancsystem's PE ratio is trading below the peer average of 17.47.
| Stock name | PE ratio | Market cap |
|---|---|---|
| WAL Western Alliance Bancorporation | 11.85 | $8.96B |
| NBHC National Bank Holdings Corp | 12.38 | $1.64B |
| WFC Wells Fargo & Company | 12.45 | $210.54B |
| FIBK First Interstate Bancsystem Inc | 12.86 | $3.38B |
| ZION Zions Bancorporation National Association | 13.14 | $7.72B |
| USB Us Bancorp | 15.1 | $70.94B |
| GBCI Glacier Bancorp Inc | 26.42 | $5.24B |
| HTLF Heartland Financial Usa Inc | 32.56 | $2.3B |
The price to earnings ratio for FIBK stock as of Jul 25, 2024, stands at 12.81.
The 3-year average price to earnings ratio for FIBK stock is 14.5.
The 5-year average price to earnings ratio for FIBK stock is 14.22.
Over the last ten years, the Sep 2022 quarter recorded the highest quarterly PE ratio at 21.69.
The current PE ratio of FIBK is 15% lower than the 10-year historical average.
You can calculate the P/E ratio by dividing the most recent stock price by the trailing twelve months EPS. As of today (Jul 25, 2024), First Interstate Bancsystem's share price is $32.15. The company's earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $2.51. Therefore, First Interstate Bancsystem's PE ratio for today is 12.81. PE RATIO(12.81) = STOCK PRICE($32.15) / TTM EPS($2.51)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.