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Webcast
D.A. Davidson 14th Annual Financial Services Conference
Wednesday, May 9, 2012, 8:00 AM PT |
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Webcast
Q1 2012 Earnings Conference Call
Tuesday, April 24, 2012, 11:00 AM ET |
First Interstate BancSystem, Inc. is a $7.1 billion financial holding
company headquartered in Billings, Montana. Its principal subsidiary, First Interstate
Bank, offers a full range of banking and financial services to individuals, businesses
and municipalities throughout Montana, Wyoming, and western South Dakota.
First Interstate’s course was set by its founder, Homer Scott, Sr., who believed
that people and organizations are not known by what they say, but by what they do.
From the time Homer Scott, Sr. first purchased the bank in 1968, through its growth
in the last 42 years, the family of First Interstate BancSystem has always adhered
to a strong set of guiding principles, which are formally stated in the Company’s
Strategic Vision.
On March 5, 2010, First Interstate completed a recapitalization of the Company's
previously existing common stock and which included a 4-for-1 stock split of the
previously existing common stock, a redesignation of the previously existing common
stock into Class B common stock and the creation of a new class of common stock
designated as Class A common stock.
The rights of the holders of Class A common stock and Class B common stock are
identical, except with respect to voting and conversion. Each share of Class A common
stock is entitled to one vote per share. Each share of Class B common stock is entitled
to 5 votes per share, and is convertible at any time into one share of Class A common
stock.
First Interstate completed its initial public offering of 11,500,000 shares of
Class A common stock on March 29, 2010. The shares of Class A common stock are traded
on the NASDAQ Stock Market under the symbol FIBK. The Class B common stock is not
and will not be listed on the NASDAQ Stock Market or any other exchange.
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