First Interstate BancSystem, Inc.

FIBKNASDAQFinancial Services● Active

$35.71

+$0.14(+0.40%)

Market Cap$3.5B

P/E Ratio—

52W High$39.26

52W Low$25.81

Avg Volume1.3M

Open$35.65

Beta0.75

Free Cash Flow Financials Revenue

First Interstate BancSystem, Inc. (FIBK) Free Cash Flow & Analysis

Annual & trailing free cash flow, FCF margin, YoY change, valuation ratios, and peer context.

FIBK · free cash flow · updated Jun 8, 2026

Core FCF metrics

FIBK · FCF · TTM · margin & CAGR

Free cash flow was $277.8M for FY2025 (fiscal year ending 2025-12-31), down 16.3% year-over-year The FCF margin was 26.3%. Five-year CAGR stands at +3.1%.

FY2025 Free Cash Flow$277.8M▼ -16.3% YoY

Trailing 12M (TTM)$253.3Mtrailing 4 quarters sum

FCF Margin26.3%$277.8M ÷ revenue

3-Year CAGR-19.1%FY2022 → FY2025

5-Year CAGR+3.1%FY2020 → FY2025

FormulaFCF = Operating Cash Flow − Capital ExpendituresTTM = trailing 4 quarters sumCAGR → N/A if either endpoint ≤ 0

Source: FMP /cash-flow-statement · SEC 10-K / 10-Q · USDUpdated: Jun 8, 2026

Annual free cash flow history

FCF ($B, upper) · YoY Growth % (lower)

Positive FCFNegative FCF

Free Cash Flow

YoY Growth %

Annual free cash flow data

FIBK · free cash flow history · annual / quarterly

Fiscal YearOperating CFCapExFree Cash FlowYoY ChangeFCF Margin

FY2025Latest$305.6M(28M)$277.8M▼ 16.3%26.3%

FY2024$355.0M(23M)$332.0M▼ 17.0%22.4%

FY2023$428.0M(28M)$399.8M▼ 23.7%28.0%

FY2022$534.4M(11M)$523.9M▲ +92.6%44.2%

FY2021$282.3M(10M)$272.0M▲ +14.2%41.5%

FCF = Operating Cash Flow − Capital Expenditures · CapEx shown as (negative) · Source: SEC filings via FMP

FCF valuation metrics

FIBK · P/FCF · FCF yield · FCF per share

First Interstate BancSystem, Inc. (FIBK) trades at a FCF yield of 7.31% and a price-to-free-cash-flow ratio of 14.5x. FCF per share stands at $2.47, calculated using trailing twelve-month FCF divided by basic weighted-average shares outstanding.

FCF Yield (TTM)

7.31%

Free Cash Flow ÷ Market Cap

per FMP freeCashFlowYieldTTM definition

FCF per Share (TTM)

$2.47

TTM FCF ÷ Shares Outstanding

Price / FCF

x14.5

Share Price ÷ FCF per Share

EV / FCF (TTM)

x15.5

Enterprise Value basis

Source: FMP /key-metrics-ttm · /cash-flow-statement Q · /income-statementFY2025 · 2025-12-31

Cash flow statement summary

FIBK · cash flow statement · operating / investing / financing

For FY2025, First Interstate BancSystem, Inc. generated $305.6M in operating cash flow and spent 28M in capital expenditures, yielding $277.8M in free cash flow.

Operating Activities

+$305.6M

Cash from core business operations

2025-12-31

Investing Activities

+$2.31B

CapEx, acquisitions & investments

2025-12-31

Financing Activities

−$2.20B

Buybacks, dividends & debt

2025-12-31

FCF FormulaOperating CF ($305.6M) − |CapEx| (28M) = FCF ($277.8M)

For the complete Operating / Investing / Financing line-item breakdown:

View Full Cash Flow Statement →

Free cash flow vs peers (Financial Services)

FIBK vs peers · FCF

#CompanyFree Cash FlowYoYFCF MarginRelative

First Interstate BancSystem, Inc.YOU

FIBK

$277.8M-16.3%26.2%

Berkshire Hathaway Inc.

BRK-A

$25.04B+115.6%6.7%

25%

Berkshire Hathaway Inc.

Mastercard Incorporated

$16.91B+18.2%51.6%

17%

Financial Services · Sorted by FCF · FMP /cash-flow-statementFull FCF Rankings →

About Free Cash Flow & Methodology

First Interstate BancSystem, Inc. (FIBK) reported free cash flow of $277.8M for FY2025 (fiscal year ending 2025-12-31), down 16.3% year-over-year. The FCF margin was 26.3%.

Based on available data, First Interstate BancSystem, Inc. has maintained positive free cash flow for at least 15 fiscal year(s). FCF peaked at $523.9M in FY2022. The 5-year CAGR stands at +3.1%.

First Interstate BancSystem, Inc.'s FCF yield is 7.31% and price-to-FCF ratio is 14.5x for FY2025, based on the latest available data.

Data sourced from FMP /cash-flow-statement · SEC 10-K / 10-Q · USD.

Q&A and summaries align with SEC 10-K/10-Q cash flow disclosures and FMP /cash-flow-statement where noted.

Revenue Financial statements Net income Earnings Forecast Price history Market cap Cash on hand P/E ratio

Frequently asked questions

FIBK free cash flow · 8 questions

First Interstate BancSystem, Inc. free cash flow was $277.8M for FY2025, down 16.3% year-over-year. On a trailing twelve-month (TTM) basis, free cash flow stands at $253.3M.

FIBK free cash flowFIBK FCFFIBK FCF 2025FIBK free cash flow TTM

▸ Source: FMP /cash-flow-statement · US GAAP · First Interstate BancSystem, Inc. · First Interstate BancSystem, Inc. SEC 10-K & 10-Q filings · US GAAP · Last updated: Jun 8, 2026