FIBK, US32055Y2019

First Interstate BancSystem stock: Wells Fargo keeps Buy rating

Published on 11/10/2026 at 01:13 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Wells Fargo kept its Buy rating on First Interstate BancSystem stock. The latest quarter showed lower profit than a year earlier.

Analyst View Meets Credit Caution

Wells Fargo maintained its Buy rating on First Interstate BancSystem.
The broader analyst view remains Hold despite the latest target update.
Third-quarter results showed lower profit than a year earlier.

FIBK, US32055Y2019, Illustration mit AI erstellt.

Wells Fargo maintained its Buy rating on First Interstate BancSystem on Monday, November 9, 2026, and set a USD 36.00 price target, according to Markets Insider. The call leaves the bank with a more positive individual view than the reported analyst consensus of Hold and a consensus target of USD 37.50.

Wells Fargo Keeps Positive Stance

The rating decision follows First Interstate BancSystem's third-quarter results for the period ended September 30. Markets Insider reported quarterly revenue of USD 315.8 million and net profit of USD 62.2 million, compared with revenue of USD 335.7 million and net profit of USD 71.4 million a year earlier.

For investors, the latest analyst view sets a positive rating against weaker year-over-year earnings. The target remains below the reported consensus target, showing that Wells Fargo's stance is constructive but not the most optimistic valuation view among the analysts cited.

Banking Model And Regional Focus

First Interstate Bank provides everyday banking, business banking, business loans, wealth management and investment services. Its offering also includes payment acceptance, home equity lines of credit and financial education. The bank presents a relationship-led model spanning retail customers, businesses and wealth clients in the United States.