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A group including Jonathan Scott, a ten percent owner of First Interstate Bancsystem Inc (NASDAQ:FIBK), reported selling 4,800 shares of common stock on November 3, 2025. The shares were sold at a price of $31.27, with the total transaction amounting to $150,096. The regional bank, currently valued at $3.3 billion, trades at $31.75 with a P/E ratio of 13.3. InvestingPro analysis suggests FIBK is trading below its Fair Value, placing it among potentially undervalued financial stocks.
Following the transaction, the group’s holdings stand at 941,024 shares. The filing indicates that the shares are indirectly owned, with various trusts and entities holding the stock. These include Jonathan Scott as Trustee of the Jonathan R Scott Trust, IXL Limited Liability Company, Holland Elizabeth Scott Trust, Harper Grace Scott Trust, Harrison William Scott Trust, and Jonathan Scott’s spouse. Notable for investors, FIBK has maintained dividend payments for 16 consecutive years, currently offering a 5.92% yield. The stock has gained 21.45% over the past six months despite its high PEG ratio of 3.35. InvestingPro offers additional insights through comprehensive Pro Research Reports available for FIBK and 1,400+ other US equities.
In other recent news, First Interstate BancSystem reported its third-quarter 2025 earnings, exceeding expectations with an earnings per share of $0.69, surpassing the forecasted $0.62. This marks an 11.29% positive surprise for the company. However, revenue slightly missed projections, coming in at $250.5 million compared to the anticipated $254.47 million. Despite the revenue shortfall, the earnings beat indicates strong operational performance. Analyst firms have not yet provided updates on stock ratings following the earnings announcement. These developments are part of the recent updates surrounding First Interstate BancSystem.
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