Investment Thesis
While many people might dismiss a Billings, Montana, based bank as being limited in growth given its sleepy-town headquarters, First Interstate BancSystem (NASDAQ:FIBK) bucks that notion and is a name most investors
First Interstate: A Solid Bank With An Even Better Growth Outlook
Summary
- Solid loan growth trends look likely to continue, aiding additional upside in core profitability levels.
- The margin is likely to hold steady near current levels.
- Credit has performed well over the past couple of years.
Passionate about the banking space and capital markets. Worked at multiple banks throughout the United States for a long time, specializing in credit and portfolio management.
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