First Interstate BancSystem, Inc. (FIBK)

26.57 +0.05 (+0.19%) At close: 04:00PM EDT

First Interstate BancSystem, Inc.

401 North 31st Street
Billings, MT 59101
United States
406 255 5311
https://www.fibk.com

Sector(s): Financial Services
Industry: Banks - Regional
Full-time employees: 3,585

Key executives

Name	Title	Pay	Exercised	Year born
Mr. Kevin P. Riley	President, CEO & Director	1.49M	N/A	1960
Ms. Marcy D. Mutch	Executive VP & CFO	646.88k	N/A	1959
Ms. Kristina R. Robbins	Executive VP & COO	423.51k	N/A	1969
Mr. Kirk D. Jensen Esq.	Executive VP, General Counsel & Corporate Secretary	490.48k	N/A	1970
Ms. Lorrie F. Asker	Executive VP & Chief Banking Officer	537.75k	N/A	1969
Ms. Lori A. Meyer	Executive VP & Chief Information Officer	N/A	N/A	1977
David Della Camera	Director of Corporate Development & Financial Strategy	N/A	N/A	N/A
Ms. Rachel B. Turitto	Executive VP & Chief Human Resources Officer	N/A	N/A	N/A
Mr. Michael Lugli	Chief Credit Officer	N/A	N/A	N/A
Ms. Karlyn M. Knieriem	Executive VP & Chief Risk Officer	670.04k	N/A	1967

Amounts are as of 31 December 2023, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

First Interstate BancSystem, Inc. operates as the bank holding company for First Interstate Bank that provides range of banking products and services in the United States. It offers various traditional depository products, including checking, savings, and time deposits; and repurchase agreements primarily for commercial and municipal depositors. The company also offers real estate loans comprising commercial real estate, construction, residential, agricultural, and other real estate loans; consumer loans comprising direct personal loans, credit card loans and lines of credit, and indirect loans; variable and fixed rate commercial loans for small and medium-sized manufacturing, wholesale, retail, and service businesses for working capital needs and business expansions; and agricultural loans. In addition, it provides a range of trust, employee benefit, investment management, insurance, agency, and custodial services to individuals, businesses, and nonprofit organizations. Further, the company offers marketing, credit review, loan servicing, credit cards issuance and servicing, mortgage loan sales and servicing, indirect consumer loan purchasing and processing, loan collection services, other operational, and specialized staff support services, as well as online and mobile banking services. The company serves individuals, businesses, municipalities, and other entities in various industries, including agriculture, construction, education, governmental services, healthcare, hospitality, housing, professional services, real estate development, retail, technology, tourism, and wholesale trade. First Interstate BancSystem, Inc. was incorporated in 1971 and is headquartered in Billings, Montana.

Corporate governance

First Interstate BancSystem, Inc.’s ISS governance QualityScore as of 1 April 2024 is 3. The pillar scores are Audit: 6; Board: 2; Shareholder rights: 4; Compensation: 2.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.