First Interstate BancSystem, Inc.
First Interstate BancSystem, Inc. (NASDAQ: FIBK) is trading at $36.81, about ₹3,534 at today's USD/INR rate, as of 25 Sep 2026, 10:55 AM ET, up 0.82% today. Indian residents can buy First Interstate BancSystem from India on Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
$36.65
Today's high
$36.98
52 week low
$29.10
52 week high
$40.60
FIBK opened at $36.65, closed previously at $36.51, and has traded between $29.10 and $40.60 over the past 52 weeks.
About
First Interstate BancSystem, Inc. functions as the parent company of First Interstate Bank, delivering a comprehensive suite of financial products and services across the United States. Its offerings encompass conventional deposit accounts such as checking, savings, and time deposits, alongside repurchase agreements primarily catering to commercial and municipal clients. The institution further extends various lending options, including real estate financing for commercial, construction, residential, agricultural, and other property types. Consumer credit is also available, covering direct personal loans, credit cards and lines of credit, and indirect lending. Additionally, it provides both variable and fixed-rate commercial loans designed to meet the working capital and expansion requirements of small to medium-sized enterprises in the manufacturing, wholesale, retail, and service sectors, as well as agricultural loans. Beyond traditional banking, the company furnishes an array of specialized services, including trust administration, employee benefits, investment management, insurance, agency, and custodial functions, catering to individuals, businesses, and philanthropic entities. Its operational support infrastructure encompasses services like marketing, credit assessment, loan servicing, credit card issuance and management, mortgage loan sales and servicing, indirect consumer loan acquisition and processing, and debt collection. Modern digital conveniences are also provided through online and mobile banking platforms. First Interstate serves a diverse clientele, encompassing individuals, businesses, and municipal bodies, across a wide spectrum of industries such as agriculture, construction, education, energy, government, healthcare, hospitality, housing, mining, professional services, real estate development, retail, technology, tourism, and wholesale trade. By the close of 2021 (December 31st), it maintained 147 banking locations, including standalone drive-through branches, situated within communities throughout Idaho, Montana, Oregon, South Dakota, Washington, and Wyoming. Established in 1971, the corporation's primary base of operations is in Billings, Montana.
Key statistics
Avg. volume
1.11M
Market cap
$3.58B
P/E Ratio
11.33
Price-to-sales ratio
3.75
Enterprise value
-$4.00B
Free cash flow yield
6.80%
Debt-to-equity ratio
0.23
Return on equity
9.55%
ROIC
-2.81%
Beta
0.72
Dividend yield
5.11%
Last dividend
$1.88
Financial overview
Revenue
$1.06B
Earnings per share
$2.95
Free cash flow
$277.80M
Net profit margin
34.02%
Gross margin
105.18%
EBITDA
$442.50M
Revenue growth
-28.52%
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This is not an investment recommendation
How to buy First Interstate BancSystem from India
Indian residents can buy First Interstate BancSystem shares through Paasa in four steps. Funds leave India under the RBI's Liberalised Remittance Scheme and the shares are held in your own name with Interactive Brokers.
Open a Paasa account
Complete digital KYC with your PAN, Aadhaar and address proof. Your brokerage account is opened in your own name with Interactive Brokers.
Add funds under LRS
Transfer INR from your Indian bank account. Your bank reports the remittance under the RBI's Liberalised Remittance Scheme and converts it to US dollars.
Search for First Interstate BancSystem and place an order
Find First Interstate BancSystem by name or by its ticker, FIBK, and choose an order type. You can buy by amount or by quantity — fractional shares mean there is no minimum trade size. First Interstate BancSystem trades 7:00 pm – 1:30 am IST; orders can only execute during that window.
Track holdings and download tax reports
Follow your First Interstate BancSystem position in USD and INR, and use Paasa's capital-gains and dividend statements when you file your Indian return.
Read the full guide: how to invest in First Interstate BancSystem from India
Trading and taxes when buying First Interstate BancSystem from India
Trading and limits
- Trading hours
- 9:30 am – 4:00 pm ET
- LRS limit
- $250,000Per financial year, under the RBI's Liberalised Remittance Scheme.
Tax for Indian residents
- TCS on remittance
- 20%Collected by your bank on LRS remittances above ₹10 lakh in a financial year. The TCS is adjustable against your income-tax liability.Adjusting TCS against your tax
- Capital gains in India
- 12.5% or slab rateGains on shares held for more than 24 months are long-term and taxed at 12.5%. Gains on shares held for 24 months or less are short-term and taxed at your income-tax slab rate.Capital gains explained
- Dividends
- Slab rateDividends are taxed at your slab rate in India. The US withholds tax on dividends paid to Indian residents at the treaty rate; Paasa files Form W-8BEN for you, and the tax withheld can generally be claimed as a credit in India. First Interstate BancSystem’s current yield is 5.11%.Dividend tax explained
- US estate tax
- May applyUS-situs assets such as US-listed shares can be exposed to US estate tax for non-US persons.US estate tax calculator
Custody. Shares are held in your own name at Interactive Brokers LLC and are SIPC-insured up to $500,000 in total, including $250,000 for cash.
FAQs
Can Indian residents buy First Interstate BancSystem stock?
Yes. First Interstate BancSystem (FIBK) has been listed on NASDAQ since 2010, in the Banks - Regional industry, and Indian residents can buy it through Paasa. You fund the account from your Indian bank under the RBI's Liberalised Remittance Scheme and the money is converted to US dollars. Shares are held in your own name at Interactive Brokers LLC and are SIPC-insured up to $500,000 in total, including $250,000 for cash.
How much does one First Interstate BancSystem share cost in rupees?
One First Interstate BancSystem share is $36.81 — about ₹3,534 at a USD/INR rate of 96.02 on 24 Sep 2026. Both the First Interstate BancSystem price and the rupee rate move during the day, so the rupee cost changes with them.
What are the LRS and TCS rules for buying First Interstate BancSystem from India?
Remit up to $250,000 per financial year under the RBI's Liberalised Remittance Scheme (LRS). Banks collect 20% tax at source on LRS remittances above ₹10 lakh in a financial year; the TCS is adjustable against your income-tax liability. FX and the LRS declaration are handled by your bank when you fund your account.
Can I buy whole shares of First Interstate BancSystem?
Yes. One First Interstate BancSystem share is $36.81, and you can buy as many whole shares as you like. You can also buy by amount rather than by quantity: there is no minimum trade size, and Paasa supports fractional investing in First Interstate BancSystem.
How are gains on First Interstate BancSystem shares taxed in India?
The US does not levy capital gains tax on shares for Indian residents, so the tax is an India-side one. Gains on shares held for more than 24 months are long-term and taxed at 12.5%. Gains on shares held for 24 months or less are short-term and taxed at your income-tax slab rate. The gain is computed in rupees using the USD/INR rate on the purchase and the sale date, so the rupee move counts alongside the First Interstate BancSystem price. Paasa issues a capital-gains statement for your return.
Does First Interstate BancSystem pay a dividend, and how is it taxed in India?
Yes. First Interstate BancSystem pays a dividend and the current yield is 5.11%; the last declared dividend was $1.88 per share, about ₹180.52. Dividends are taxed at your slab rate in India. The US withholds tax on dividends paid to Indian residents at the treaty rate; Paasa files Form W-8BEN for you, and the tax withheld can generally be claimed as a credit in India. Paasa's dividend report lists the gross dividend and any tax withheld for each payment.
When can I trade First Interstate BancSystem from India?
NASDAQ trades 7:00 pm – 1:30 am IST in Indian time, so the close lands after midnight. The window shifts to 8:00 pm – 2:30 am IST when the US is on standard time. Orders can only execute during that window.
Is there estate or inheritance tax on First Interstate BancSystem shares held from India?
US-situs assets such as US-listed shares can be exposed to US estate tax for non-US persons. It applies to your overall holdings in that jurisdiction rather than to any one position. Paasa's US estate tax calculator shows the exposure for a given portfolio value.
Do I have to declare First Interstate BancSystem shares in my Indian tax return?
Yes. Foreign shares held on 31 March must be reported in Schedule FA of your Indian income-tax return. Paasa gives you a Schedule FA-ready statement listing your First Interstate BancSystem holding, its cost and its closing value.
How do I sell First Interstate BancSystem and bring the money back to India?
You sell during market hours (7:00 pm – 1:30 am IST) and the proceeds settle in USD in your Paasa account. From there you can hold the balance, reinvest, or repatriate. Funds can be withdrawn in any currency to any bank account in your own name. Whether the sale is short- or long-term is decided by the 24-month holding period.