First Interstate BancSystem director Scott sells $626,880 in shares

Jonathan R. Scott, a director and 10% owner of First Interstate BancSystem Inc (NASDAQ: FIBK), sold 16,929 shares of common stock for a total value of $626,880 on September 11, 2026. The transactions occurred at prices ranging from $37.00 to $37.23 per share, reducing Mr. Scott's beneficial ownership of the company's common stock to 825,809 shares.

Despite this sale, the stock continues to be viewed as undervalued by InvestingPro, and the company's recent earnings report for the second quarter of 2026 exceeded expectations with earnings of $0.87 per share on revenue of $263.9 million. However, Barclays downgraded the company to Underweight due to a slower-than-expected turnaround in its balance sheet and reduced guidance for net interest income.

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