First Interstate BancSystem, Inc.

401 North 31st Street, PO Box 30918,
Billings, Montana 59116
United States,
(406) 255-5390
www.fibk.com

First Interstate BancSystem, Inc. is a financial holding company headquartered in Billings, Montana. It is the parent company of First Interstate Bank, a community bank offering a full range of internet, mobile and other banking and financial services throughout Montana, Wyoming, and South Dakota.

M&A Summary

Buy vs Sell

Year ≤ '12 '13 '14 '15 '16 '17 T
Buy (0.6/yr) # 6 - 1 - 2 - 9
vol $40M $623M $663M
Sell (0.2/yr) # 1 - - - - 1 2
vol $40M $46M $86M
  11

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Financial Deals
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Legal Deals
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Deal Values

Buy # TOTAL
> $1B Sign-up to View
$100M to $1B Sign-up to View
< $100M Sign-up to View
TOTAL Sign-up to View
Largest Cascade Bancorp.
$589M (2016-11-17)
Sell # Total
> $1B Sign-up to View
$100M to $1B Sign-up to View
< $100M Sign-up to View
Total Sign-up to View
Largest Citizens Bancshares, Inc.
$46M (2017-03-08)

According to our data here at Mergr, First Interstate BancSystem has acquired 12 companies, including 5 in the last 5 years. A total of 5 acquisitions came from private equity firms. It has also divested 2 assets.

First Interstate BancSystem’s largest acquisition to date was in 2016, when it acquired Cascade Bancorp. for $589M. It’s largest disclosed sale occurred in 2017, when it sold Citizens Bancshares to Investar Holding for $46M. First Interstate BancSystem has acquired in 5 different US states. The Company’s most targeted sectors include financial services (100%).

When analyzing the financial services sector as a whole, according to Mergr, in the last 3 years, there are 526 financial services companies that have made at least 1 acquisition, 25 have acquired at least 5 companies, and 3 have acquired more than 10 companies. The most prolific strategic financial services acquirer over the past 3 years is AFH Financial Group, with 11 acquisitions. The most prolific private equity acquirer in the financial services sector over the past 3 years is The Carlyle Group with 6 platform acquisitions.

Join Mergr and gain access to First Interstate BancSystem’s M&A summary, the M&A summaries of companies just like it, as well as recent M&A activity in the financial services sector.


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