FIRST INTST BANCSYSTEM INC

Ticker: FIBK CUSIP: 32055Y201 Class: Common Stock

PUNCH & ASSOCIATES INVESTMENT MANAGEMENT, INC.'s Holding History (CIK: 0001238990)

Note: Option positions (PUT/CALL) are excluded.

Q4 2025

Shares 723,818 Value ($000) $25,044 Avg Close $32.13 Range $28.33 - $35.91

Q3 2025

Shares 724,155 Value ($000) $23,079 Avg Close $30.08 Range $26.44 - $33.09

Q2 2025

Shares 693,685 Value ($000) $19,992 Avg Close $25.62 Range $21.60 - $28.14

Q1 2025

Shares 588,427 Value ($000) $16,858 Avg Close $28.99 Range $25.84 - $31.59

Q4 2024

Shares 235,060 Value ($000) $7,632 Avg Close $30.02 Range $26.60 - $34.12

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	723,818	$25,044	$32.13	$28.33 - $35.91
Q3 2025	724,155	$23,079	$30.08	$26.44 - $33.09
Q2 2025	693,685	$19,992	$25.62	$21.60 - $28.14
Q1 2025	588,427	$16,858	$28.99	$25.84 - $31.59
Q4 2024	235,060	$7,632	$30.02	$26.60 - $34.12