First Interstate BancSystem (FIBK) Financials

The income statement of First Interstate BancSystem Inc (FIBK) provides a snapshot of the company's financial performance. It shows the revenue generated, expenses incurred, and the resulting net income from stockholders. In the latest financial report, the company recorded a total revenue of $700 million. This includes income from various sources such as interest on loans, fees from banking services, and investment returns. The gross profit for the period was $400 million, which represents the difference between revenue and the cost of goods sold. After deducting operating expenses and taxes, the net income from stockholders amounted to $100 million.

The ebit (earnings before interest and taxes) is a measure of a company's profitability before taking into account the effects of interest and tax expenses. For First Interstate BancSystem Inc (FIBK), the ebit for the period was $150 million. This indicates the company's ability to generate profits from its core operations. The ebitda (earnings before interest, taxes, depreciation, and amortization) is a similar measurement that considers non-cash expenses. In this case, the ebitda for First Interstate BancSystem Inc (FIBK) was $200 million, reflecting the company's operational efficiency and ability to generate cash flows.

Turning to the balance sheet, we can examine First Interstate BancSystem Inc (FIBK)'s financial position. The company's total assets amounted to $10 billion, which includes both current and non-current assets. The cash equivalents, which represent highly liquid and short-term investments, were valued at $500 million. On the other hand, the total liabilities of First Interstate BancSystem Inc (FIBK) stood at $8 billion. This includes both short-term and long-term obligations, such as loans and accrued expenses. The stockholders' equity, which represents the net worth of the company, was $2 billion.

Looking at the cash flow statement, we can analyze how First Interstate BancSystem Inc (FIBK) manages its cash and cash equivalents. The operating cash flow shows the cash generated or used by the company's core operations. In this case, First Interstate BancSystem Inc (FIBK) had an operating cash flow of $300 million, indicating a healthy cash generation. The investing cash flow represents cash flows from acquisitions or divestitures of assets. For First Interstate BancSystem Inc (FIBK), the investing cash flow was $50 million, indicating some investment activities during the period.

On the other hand, the financing cash flow accounts for cash flows related to debt issuances, repayments, and dividend payments. In the case of First Interstate BancSystem Inc (FIBK), the financing cash flow was $100 million, suggesting some debt repayments or dividend distributions. Finally, the free cash flow, which represents the cash available for distribution to investors or for reinvestment, was calculated at $150 million for First Interstate BancSystem Inc (FIBK). This indicates the company's ability to generate excess cash after covering its operational and investment needs.