First Interstate BancSystem
Income Statement
Last updated:
Income statement is a financial statement that shows how profitable a business was over a given reporting period presenting its revenue, expenses or net income. First Interstate BancSystem's past years’ income statements indicate that its last revenue has decreased compared to the previous period by 7% to $1,025,800,000. The net income raised on $257,500,000 and profit margin reached 25%. Total operating expenses were $656,800,000.
Profit Margin
| 2014 | 359.86M | 84.40M | 23.45% |
|---|---|---|---|
| 2015 | 386.76M | 86.79M | 22.44% |
| 2016 | 412.15M | 95.7M | 23.22% |
| 2017 | 491.59M | 106.5M | 21.66% |
| 2018 | 575.8M | 160.2M | 27.82% |
| 2019 | 644.9M | 181M | 28.07% |
| 2020 | 653.7M | 161.2M | 24.66% |
| 2021 | 638.7M | 192.1M | 30.08% |
| 2022 | 1.10B | 202.2M | 18.29% |
| 2023 | 1.02B | 257.5M | 25.1% |
FIBK Income Statement (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||
Revenue | 1.02B | 1.10B | 638.7M | 653.7M | 644.9M | 575.8M | 491.59M | 412.15M | 386.76M | 359.86M |
Cost of revenue | 71.6M | 69.7M | 0 | 0 | 0 | 0 | 0 | 44K | 1.47M | 0 |
Gross profit | 954.2M | 1.03B | 638.7M | 653.7M | 644.9M | 575.8M | 491.59M | 412.11M | 385.29M | 359.86M |
Operating exp. | ||||||||||
Research and development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Selling and marketing | 0 | 3.8M | 2.6M | 2.8M | 4.2M | 3.2M | 3.5M | 2.8M | 3.5M | 3.73M |
Total operating expenses | 656.8M | -660.5M | -390.9M | -444.4M | -409.8M | -328.6M | -293.94M | -233.13M | -221.85M | -197.03M |
Operating income | 336.8M | 375.6M | 247.8M | 209.3M | 235.1M | 247.2M | 197.65M | 178.97M | 163.44M | 162.82M |
Other income (expenses), net | 0 | -118.5M | 247.8M | -26.2M | 235.1M | -40.9M | -40.67M | -33.71M | -14.70M | -17.21M |
Income before tax | 336.8M | 257.1M | 247.8M | 209.3M | 235.1M | 206.3M | 156.72M | 145.25M | 130.45M | 129.61M |
Income tax expense | 79.3M | 54.9M | 55.7M | 48.1M | 54.1M | 46.1M | 50.20M | 49.62M | 43.66M | 45.21M |
Net income | 257.5M | 202.2M | 192.1M | 161.2M | 181M | 160.2M | 106.5M | 95.7M | 86.79M | 84.40M |
Earnings per share | ||||||||||
Basic EPS | 2.48 | 1.96 | 3.12 | 2.53 | 2.84 | 2.77 | 2.07 | 2.15 | 1.92 | 1.89 |
Diluted EPS | 2.48 | 1.96 | 3.11 | 2.53 | 2.83 | 2.75 | 2.05 | 2.13 | 1.9 | 1.87 |
| Data source | Data source | Data source | Data source | Data source | Data source | Data source | Data source | Data source | Data source |