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Fly News Breaks for February 9, 2016
FIBK
Feb 9, 2016 | 08:49 EDT
Fig Partners analyst Timothy Coffey upgraded First Interstate to Outperform and a $30 price target on shares. Coffey said valuation is attractive and notes the company is committed to increasing cash dividends and is forecasting improvements to the efficiency ratio as operating costs stabilize.
News For FIBK From the Last 2 Days
FIBK
Apr 24, 2024 | 16:09 EDT
"We executed well in the first quarter, with results generally in-line with our expectations, which we believe positions us well for the remainder of 2024," said Kevin P. Riley, President and Chief Executive Officer of First Interstate BancSystem, Inc. "With our strong financial performance, we expect to continue to generate improvements in our capital ratios and maintain a healthy dividend for our shareholders."