FIBK, US32055Y2019

Barclays raises target to USD 38.00 for First Interstate BancSystem stock

Published on 10/17/2026 at 19:05 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Third-quarter results are due on October 22, 2026. First Interstate BancSystem stock closed at USD 34.82 on October 16, 2026, 0.03 percent above the Nasdaq prior close.

Analyst view and scheduled results

On October 5, 2026, Barclays set a USD 38.00 target for First Interstate BancSystem.
Third-quarter results are scheduled for October 22, 2026.
First Interstate BancSystem stock costs USD 34.82 on October 16, 2026 at 4:00 p.m. ET, 0.03 percent above the Nasdaq prior close.
The stock carries a P/E ratio of 10.71 and a dividend yield of 5.40 percent.

FIBK, US32055Y2019, Illustration mit AI erstellt.

Barclays raised its price target for First Interstate BancSystem from USD 37.00 to USD 38.00 on October 5, 2026, while keeping an Underweight rating, according to MarketBeat. The target is 9.13 percent above the USD 34.82 closing price on October 16, 2026. First Interstate BancSystem stock closed at USD 34.82 on October 16, 2026, 0.03 percent above the Nasdaq prior close.

Results arrive October 22

Third-quarter results are scheduled for October 22, 2026, after the market closes, with a conference call set for October 23 at 9:30 a.m. ET, MarketBeat reported on October 15, 2026. The same preview put consensus third-quarter earnings per share at USD 0.9150 and revenue at USD 247.93 million.

Stock position and range

The NASDAQ listing and ticker FIBK are identified by 6ix. GNG Research lists a 52-week range of USD 28.31 to USD 40.11 as of October 16, 2026. The USD 34.82 close therefore sits inside that range, while the stock has traded below the upper boundary during the latest completed session.

GNG Research also lists an average volume of 1.32 million shares and a 20-day average volume of 1.30 million shares as of October 16, 2026. Those figures provide a market-liquidity frame for the weekend report without changing the single-session closing price.

Valuation and peer comparison

GNG Research lists First Interstate BancSystem at a market capitalization of USD 3.32 billion, a P/E ratio of 10.71 and a forward dividend yield of 5.40 percent as of October 16, 2026. The company reported USD 263.90 million in revenue and USD 83.90 million in net income for the second quarter of 2026, according to the same source. The second-quarter earnings per share figure was USD 0.87.

Comparison with peers

First Interstate BancSystem (NASDAQ, USD): plus 0.03 percent, P/E 10.71, market capitalization USD 3.3 billion

Columbia Banking System (NASDAQ, USD): minus 0.66 percent, P/E 11.33, market capitalization USD 8.2 billion

Glacier Bancorp (NYSE, USD): plus 0.16 percent, P/E 17.74, market capitalization USD 5.7 billion

Price and valuation frame

First Interstate BancSystem remains tied to a scheduled earnings date and a higher Barclays target, while its valuation metrics sit below Glacier Bancorp's P/E ratio and above Columbia Banking System's. The next dated event is the third-quarter release on October 22, 2026.

First Interstate BancSystem closed at USD 34.82 on NASDAQ on October 16, 2026 at 4:00 p.m. ET, 0.03 percent above the prior close of USD 34.81. The result leaves the stock below Barclays' USD 38.00 target and within its documented 52-week range.