First Interstate Bancsystem (FIBK) Restructuring Costs (2014 - 2022)
First Interstate Bancsystem's (FIBK) quarterly Restructuring Costs came in at $3.9 million in Q4 2022, down 22.0% year-over-year from $5.0 million in Q4 2021, and down 2.5% quarter-over-quarter from $4.0 million in Q3 2022.
Analysis
First Interstate Bancsystem (FIBK) Restructuring Costs (2014 - 2022) Analysis & Trends
First Interstate Bancsystem (FIBK) has reported Restructuring Costs for 8 consecutive years, with $3.9 million the latest figure, recorded in Q4 2022.
- On a quarterly basis, Restructuring Costs fell 22.0% year-over-year to $3.9 million in Q4 2022; TTM through Sep 2023 was $3.9 million, a 96.75% decrease from a year earlier, with the FY2022 full-year figure at $118.9 million, up 925.0% from the prior year.
- Restructuring Costs was $3.9 million for Q4 2022 at First Interstate Bancsystem, down from $4.0 million in the prior quarter.
- Over five years, Restructuring Costs peaked at $65.2 million in Q1 2022 and troughed at $700000.0 in Q4 2019.
- A 4-year average of $13.0 million and a median of $4.0 million in 2022 frame the typical range for Restructuring Costs.
- The widest YoY moves for Restructuring Costs: up 228.57% in 2018, down 76.15% in 2018.
- Over 4 years, Restructuring Costs stood at $3.1 million in 2018, then plunged by 77.42% to $700000.0 in 2019, then surged by 614.29% to $5.0 million in 2021, then dropped by 22.0% to $3.9 million in 2022.
- The last three Restructuring Costs figures came in at $3.9 million (Q4 2022), $4.0 million (Q3 2022), and $45.8 million (Q2 2022), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Banco Santander Chile | 950.85 Bn | 950.85 Bn | - |
| 2 | Truist Financial | 61.46 Bn | 61.46 Bn | - |
| 3 | Fifth Third Bancorp | 49.43 Bn | 25.71 Bn | - |
| 4 | M&T Bank | 34.72 Bn | 34.72 Bn | - |
| 5 | Huntington Bancshares | 33.60 Bn | 29.07 Bn | - |
| 6 | Citizens Financial | 29.31 Bn | 29.31 Bn | - |
| 7 | Regions Financial | 25.53 Bn | 25.53 Bn | - |
| 8 | First Citizens Bancshares | 24.60 Bn | 24.07 Bn | 29.00 Mn |
| 9 | Keycorp | 23.26 Bn | -24.44 Bn | - |
| 10 | First Interstate Bancsystem | 3.55 Bn | 2.39 Bn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2022 | 3.90 Mn |
| Sep 30, 2022 | 4.00 Mn |
| Jun 30, 2022 | 45.80 Mn |
| Mar 31, 2022 | 65.20 Mn |
| Dec 31, 2021 | 5.00 Mn |
| Sep 30, 2021 | 6.60 Mn |
| Dec 31, 2019 | 700,000.00 |
| Sep 30, 2019 | 3.80 Mn |
| Jun 30, 2019 | 13.50 Mn |
| Mar 31, 2019 | 2.30 Mn |
| Sep 30, 2018 | 3.10 Mn |
| Mar 31, 2018 | 2.30 Mn |
| Dec 31, 2017 | 3.30 Mn |
| Sep 30, 2017 | 13.00 Mn |
| Jun 30, 2017 | 10.10 Mn |
| Mar 31, 2017 | 700,000.00 |
| Dec 31, 2016 | 1.60 Mn |
| Sep 30, 2016 | 1.20 Mn |
| Sep 30, 2015 | 5.00 Mn |
| Jun 30, 2015 | -7,000.00 |