First Interstate Bancsystem (FIBK) Restructuring Costs (2014 - 2022)
First Interstate Bancsystem (FIBK) posted quarterly Restructuring Costs of $3.9 million for 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.
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.
- In Q4 2022, Restructuring Costs fell 22.0% year-over-year to $3.9 million; the TTM figure through Sep 2023 stood at $3.9 million (down 96.75% YoY), while the FY2022 annual figure was $118.9 million, up 925.0% from the prior year.
- Restructuring Costs retreated to $3.9 million in Q4 2022 per FIBK's latest filing, from $4.0 million in the prior quarter.
- Across five years, Restructuring Costs topped out at $65.2 million in Q1 2022 and bottomed at $700000.0 in Q4 2019.
- Historically, Restructuring Costs has averaged $13.0 million across 4 years, with a median of $4.0 million in 2022.
- On a YoY basis, Restructuring Costs climbed as much as 228.57% in 2018 and fell as far as 76.15% in 2018.
- First Interstate Bancsystem's Restructuring Costs stood at $3.1 million in 2018, then plunged by 77.42% to $700000.0 in 2019, then jumped by 614.29% to $5.0 million in 2021, then fell by 22.0% to $3.9 million in 2022.
- Business Quant data shows FIBK's Restructuring Costs at $3.9 million in Q4 2022, $4.0 million in Q3 2022, and $45.8 million in Q2 2022.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Hdfc Bank | 119.58 Bn | 83.39 Bn | - |
| 2 | Pnc Financial Services | 97.75 Bn | 97.75 Bn | - |
| 3 | Us Bancorp | 96.33 Bn | 96.33 Bn | - |
| 4 | Lloyds Banking | 93.61 Bn | 93.91 Bn | - |
| 5 | NatWest | 73.86 Bn | -145.23 Bn | - |
| 6 | Deutsche Bank Aktiengesellschaft | 71.72 Bn | -81.60 Bn | - |
| 7 | Nu Holdings | 68.51 Bn | 54.82 Bn | 2.35 Bn |
| 8 | Truist Financial | 61.69 Bn | 61.69 Bn | - |
| 9 | Fifth Third Bancorp | 49.73 Bn | 26.00 Bn | - |
| 10 | First Interstate Bancsystem | 3.66 Bn | 2.49 Bn | - |
Historic Data
Download 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 |
| Dec 31, 2015 | 166,000.00 |
| Sep 30, 2015 | 5.00 Mn |