First Interstate Bancsystem (FIBK) Jumps: Stock Rises 6.5% – Tale of the Tape

Zacks

First Interstate Bancsystem Inc. (FIBK) was a big mover last session, as the company saw its shares rise by over 6% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This continues the recent uptrend for the company as the stock is now up over 14% in the past one-month time frame.

This midwest bank has seen one positive estimate revision over the last 30 days and its Zacks Consensus Estimate moved higher over the same time frame, suggesting that more solid trading could be ahead for First Interstate Bancsystem. So make sure to keep an eye on this stock going forward to see if this recent move higher can turn into more strength down the road.

First Interstate Bancsystem has a Zacks Rank #3 (Hold) while its Earnings ESP is 0.00%.

Some better-ranked stocks in the same industry include First Citizens Banc Corp. (FCZA), First Merchants Corporation (FRME) and Lakeland Financial Corp. (LKFN). All these stocks hold a Zacks Rank #1 (Strong Buy).

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