← FIRST INTERSTATE BANCSYSTEM INC

Annual Trend FY 2016 FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 TTM
Cash flows from operating activities:
Adjustments to reconcile net income to net cash provided by operating activities:
Net Income (Loss) Attributable to Parent $95.6m
$106.5m +11.38%
$160.2m +50.39%
$181.0m +12.98%
$161.2m -10.94%
$192.1m +19.17%
$202.2m +5.26%
$257.5m +27.35%
$226.0m -12.23%
$302.1m +33.67%
—
Depreciation, Depletion and Amortization $19.5m $18.4m $27.6m $38.7m $45.1m $44.4m $55.5m $53.8m $57.0m $50.8m $55.8m
Amortization of Intangible Assets $3.4m $5.4m $7.9m $11.2m $10.9m $9.9m $15.9m $15.7m $14.6m $13.6m —
Depreciation $19.5m $18.4m $27.6m $23.3m $25.8m $28.0m $35.1m $34.3m $38.8m $32.5m $55.8m
Depreciation Amortization Depletion — — — — — — $55.5m $53.8m $57.0m $50.8m $55.8m
Deferred Income Tax Expense (Benefit) $3.4m $20.9m $15.8m $5.4m ($6.6m) $5.0m ($4.7m) $20.4m $21.3m $11.3m $9.7m
Deferred Tax — — — — — — ($4.7m) $20.4m $21.3m $11.3m $9.7m
Share-based Payment Arrangement, Noncash Expense $4.4m $3.9m $5.6m $8.0m $7.5m $8.9m $9.6m — $11.8m $13.3m $11.9m
Share-based Payment Arrangement, Expense $4.4m $3.9m — $8.0m $7.5m $8.9m $9.6m $4.7m $11.8m — $11.9m
Asset Impairment Charge — — — — — — ($1.3m) $1.0m $3.9m $500k ($1.0m)
Changes in operating assets and liabilities:
Change In Working Capital — — — — — — $140.8m $36.3m ($15.2m) ($34.6m) ($45.6m)
Change In Receivables — — — — — — ($37.8m) ($10.8m) $12.3m $13.4m $6.6m
Changes In Account Receivables — — — — — — ($37.8m) ($10.8m) $12.3m $13.4m $6.6m
Financing Receivable Excluding Accrued Interest Credit Loss Expense Reversal ($1.1m) ($574k) ($3.3m) $300k ($4.4m) $3.7m ($37.8m) ($10.8m) $12.3m $26.5m —
Increase (Decrease) in Other Operating Assets $2.2m $6.1m $8.0m $22.1m $27.7m $16.4m $12.9m ($80.5m) $23.2m ($73.0m) —
Change In Other Current Assets — — — — — — ($12.9m) $80.5m ($23.2m) $73.0m ($5.6m)
Net Cash Provided by (Used in) Operating Activities $118.1m
$154.7m +31.01%
$220.2m +42.36%
$127.3m -42.19%
$268.3m +110.76%
$282.3m +5.22%
$534.4m +89.30%
$428.0m -19.91%
$355.0m -17.06%
$305.6m -13.92%
$271.9m -11.03%
Cash flows from investing activities:
Gain (Loss) on Disposition of Property Plant Equipment ($621k) ($137k) $0 $1.5m ($300k) $1.8m $2.0m ($700k) $2.9m ($8.4m) ($75.9m)
Equipment Expense $9.6m $11.5m $12.7m $13.2m $15.5m $17.6m $23.4m $22.1m $20.7m $20.6m —
Capital Expenditure — — — — — — ($10.5m) ($28.2m) ($23.0m) ($27.8m) ($28.6m)
Payments to Acquire Businesses, Net of Cash Acquired ($18.6m) ($91.8m) ($28.1m) ($298.4m) $0 $0 — — — — —
Net Other Investing Changes — — — — — — ($1.1b) ($201.7m) $435.1m $2.2b $2.0b
Net Cash Provided by (Used in) Investing Activities ($143.1m) ($130.6m) ($182.3m) ($16.8m) ($1.9b) ($2.1b) ($949.0m) $1.3b $1.8b $2.3b $990.2m
Cash flows from financing activities:
Debt and Equity Securities, Gain (Loss) ($330k) ($718k) $100k ($100k) ($300k) $1.1m ($24.4m) ($23.5m) $0 $0 —
Gain (Loss) on Extinguishment of Debt — — — — $0 $0 $1.4m $0 $0 $100k —
Issuance Of Debt — — — — — — $2.3b $276.0m $253.9m $125.0m $0
Long Term Debt Issuance — — — — — — $2.3b $276.0m $253.9m $125.0m $0
Long Term Debt Payments — — — — — — ($164.1m) ($100k) ($1.3b) ($1.7b) ($362.6m)
Net Issuance Payments Of Debt — — — — — — $2.2b $275.9m ($1.0b) ($1.6b) ($362.6m)
Net Long Term Debt Issuance — — — — — — $2.2b $275.9m ($1.0b) ($1.6b) ($362.6m)
Repayment Of Debt — — — — — — ($164.1m) ($100k) ($1.3b) ($1.7b) ($362.6m)
Payments for Repurchase of Common Stock $26.9m $1.3m $1.0m $2.5m $116.8m $5.4m $199.0m $34.0m $1.2m $121.9m —
Payments of Ordinary Dividends, Common Stock $39.4m $48.6m $64.1m $79.2m $128.6m $101.6m $182.1m $195.1m $195.9m $194.3m ($188.9m)
Proceeds from Issuance of Common Stock $4.7m $2.4m $1.8m $1.0m $1.1m $400k $100k $0 $0 — $0
Common Stock Dividend Paid — — — — — — ($182.1m) ($195.1m) ($195.9m) ($194.3m) ($188.9m)
Common Stock Issuance — — — — — $400k $100k $0 $0 — $0
Common Stock Payments — — — — — — ($199.0m) ($34.0m) ($1.2m) ($121.9m) ($275.9m)
Issuance Of Capital Stock — — — — — $400k $100k $0 $0 — $0
Net Common Stock Issuance — — — — — — ($198.9m) ($34.0m) ($1.2m) ($121.9m) ($275.9m)
Repurchase Of Capital Stock — — — — — — ($199.0m) ($34.0m) ($1.2m) ($121.9m) ($275.9m)
Other Interest and Dividend Income — — — — — — $4.8m $12.4m $11.8m $7.4m —
Cash Dividends Paid — — — — — — ($182.1m) ($195.1m) ($195.9m) ($194.3m) ($188.9m)
Dividends Received CFI — — — — — — — $0 $0 ($279.1m) ($279.1m)
Net Other Financing Charges — — — — — — ($800k) — — ($2.8m) ($2.8m)
Net Cash Provided by (Used in) Financing Activities $26.6m
($47.2m) -277.35%
$25.2m +153.44%
$144.3m +472.62%
$2.8b +1841.44%
$1.9b -31.98%
($1.1b) -155.61%
($2.0b) -86.27%
($1.8b) +9.05%
($2.2b) -22.78%
($1.2b) +46.23%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect $1.6m — $63.1m $254.8m $1.2b $68.0m ($1.5b) ($292.5m) $318.6m $413.1m $1.2b
Beginning Cash Position — — — — — — $2.3b $870.5m $578.0m $896.6m $1.1b
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents — — — $1.1b $2.3b $2.3b $870.5m $578.0m $896.6m $1.3b $1.2b
Additional Supplementary Disclosures
Additional Supplementary Disclosures
Provision for Loan, Lease, and Other Losses — — — — — ($14.7m) $82.7m $32.2m $67.8m $26.8m $10.6m
Parent Company $39.4m $48.6m $64.1m $79.2m $128.6m $101.6m $182.1m $195.1m $195.9m $194.3m —
Supplemental disclosure of cash flow information:
Interest Paid, Excluding Capitalized Interest, Operating Activities $17.2m $27.8m ($38.7m) $54.7m $32.9m $19.3m $32.0m $363.6m $475.7m $362.4m —
Income Taxes Paid, Net $54.4m $28.8m ($25.3m) ($51.2m) ($54.4m) ($56.8m) ($57.8m) ($51.2m) ($34.3m) $36.6m —
Additional Financial Items
Gain (Loss) Related to Litigation Settlement $4.2m $0 $0 — — — — — — — —
Goodwill $212.8m $444.7m $546.7m $621.6m $621.6m $621.6m $1.1b $1.1b $1.1b $1.1b ($1.0m)
Income Tax Expense (Benefit) $49.6m $50.2m $46.1m $54.1m $48.1m $55.7m $54.9m $79.3m $68.5m $89.6m —
Operating Lease, Expense — — — — — $4.3m $8.9m $9.3m $9.0m $7.4m —
Other Comprehensive Income (Loss), Reclassification Adjustment from AOCI on Derivatives, Net of Tax — ($700k) — — — — — — — — —
Unrealized Gain (Loss) on Derivatives ($203k) ($1.1m) $0 $0 $200k $4.2m ($6.7m) $900k — — —
Cash Flow From Continuing Financing Activities — — — — — — ($1.1b) ($2.0b) ($1.8b) ($2.2b) ($1.2b)
Cash Flow From Continuing Investing Activities — — — — — — ($949.0m) $1.3b $1.8b $2.3b $990.2m
Change In Account Payable — — — — — — $191.5m ($33.4m) ($4.3m) ($121.0m) ($46.6m)
Change In Cash Supplemental As Reported — — — — — — ($1.5b) ($292.5m) $318.6m $413.1m —
Change In Payable — — — — — — $191.5m ($33.4m) ($4.3m) ($121.0m) ($46.6m)
Changes In Cash — — — — — — ($1.5b) ($292.5m) $318.6m $413.1m $76.9m
End Cash Position — — — — — — $870.5m $578.0m $896.6m $1.3b $1.2b
Financing Cash Flow — — — — — — ($1.1b)
($2.0b) -86.27%
($1.8b) +9.05%
($2.2b) -22.78%
($1.2b) +46.23%
Free Cash Flow — — — — — — $523.9m $399.8m $332.0m $277.8m $243.3m
Gain Loss On Investment Securities — — — — — — $24.4m $23.5m $0 $0 $0
Gain Loss On Sale Of Business — — — — — $0 $2.0b $0 $0 ($62.7m) ($82.2m)
Gain Loss On Sale Of PPE — — — — — — ($2.0m) $700k ($2.9m) $8.4m $6.4m
Investing Cash Flow — — — — — — ($949.0m) $1.3b $1.8b $2.3b $990.2m
Net Business Purchase And Sale — — — — — $0 $2.0b $0 $0 — $0
Net Investment Purchase And Sale — — — — — — ($1.9b) $1.5b $1.3b $302.8m ($575.0m)
Operating Gains Losses — — — — — — $21.0m $24.2m ($2.9m) ($58.7m) ($75.9m)
Other Non Cash Items — — — — — — $11.6m ($4.5m) ($15.8m) ($5.7m) —
Purchase Of Investment — — — — — — ($4.2b) ($134.7m) ($102.2m) ($1.4b) ($2.2b)
Sale Of Investment — — — — — — $2.3b $1.6b $1.4b $1.7b $1.6b
Stock Based Compensation — — — — — — $9.6m $4.7m $11.8m $13.3m $11.9m

Amounts are shown in USD as reported in each fiscal year filing.

Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.