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First Interstate BancSystem (FIBK) 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.

First Interstate BancSystem, Inc. was incorporated in 1971 and is headquartered in Billings, Montana.

Three key data points gauge FIBK or any dividend-paying firm.

The key three are:

(1) Price

(2) Dividends

(3) Returns

Those three keys also best tell whether any company has made, is making, and will make money.

FIBK Price

Over the past year, First Interstate’s share price rose 15.4% from $24.37 to $29.68 as of Thursday’s market close.

In the past 10 years, the company’s share price has never been less than $20.81 nor higher than $51.24.

If shares trade in the range of $20.00 to $50.00 this next year, the recent $29.68 share price might grow to $32.90. Of course, FIBK's price could also drop about the same $3.22 estimated amount or more.

My $3.22 upside estimate is slightly more than the median of one-year target prices estimated by 7 analysts covering the stock for brokers

FIBK Dividend

First Interstate has paid variable quarterly dividends since April 2010. The most recent $0.47 Q dividend was declared on July 25th for shareholders of record on August 5th, and the dividend was paid out on August 15th.  A forward-looking $1.88 annual dividend yields 6.33% at Thursday’s $29.68 closing price.

FIBK Returns

Putting it all together, a $5.10 estimated annual gross gain per share shows up by adding First Interstate’s $1.88 estimated annual dividend to the estimated price upside of $3.22, making that $5.10 gross gain amount.

A little over $1000 buys us 34 shares at their $29.68 price.

A $10 broker fee (if charged), paid half at purchase and half at sale, could take about $0.29 per share out of the $5.10 gross gain to give us a net gain of $4.81 X 34 shares = $163.56 for about a 16.2% estimated net gain for the year.

Furthermore, the $63.30 estimated annual dividend income from $1K invested is over 2.1 times more than the $29.58 share price. By these numbers, FIBK might be an ideal dividend dog.

Thus, you might choose to pounce on FIBK It is a 53-year-old quarterly dividend-paying Montana-based regional bank with a 14-year record paying quarterly dividends.

The exact track of FIBK’s future price and dividend will entirely be determined by market action.

Remember the true value of any stock is best realized through personal ownership of shares.

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