First Interstate BancSystem, Inc. Reports Third Quarter Earnings
Key Highlights
- ➤Net income $62.2 million, or $0.65 per diluted share, versus $83.9 million sequentially
- ➤Net interest margin rose to 3.53%, up 8 basis points sequentially
- ➤Non-performing assets fell $10.0 million to $155.0 million
- ➤Repurchased approximately 2.04 million shares for $76.3 million during the quarter
- ➤Declared $0.47 per share dividend, payable November 13, 2026
Expert Statements
James A. Reuter, President and Chief Executive Officer of First Interstate BancSystem
“We are pleased to see meaningful improvement in our net interest margin and an increase in non-interest bearing deposits, as we remain focused on strengthening the quality and earnings power of the franchise.”
James A. Reuter, President and Chief Executive Officer of First Interstate BancSystem
“We also continued to execute on our previously announced share repurchase authorization, underscoring our commitment to shareholder returns.”
James A. Reuter, President and Chief Executive Officer of First Interstate BancSystem
“Through disciplined capital deployment, operating model optimization, and continued investment in relationship growth, we are building a more efficient organization and remain confident in our ability to deliver improving returns over time.”
First Interstate BancSystem, Inc. Reports Third Quarter Earnings
First Interstate BancSystem, Inc. (NASDAQ: FIBK) (the “Company”) today reported financial results for the third quarter of 2026. For the quarter, the Company reported net income of $62.2 million, or $0.65 per diluted share, which compares to net income of $83.9 million, or $0.87 per diluted share, for the second quarter of 2026 and net income of $71.4 million, or $0.69 per diluted share, for the third quarter of 2025. The second quarter of 2026 includes a $19.5 million gain related to the sale of the eleven Nebraska branches.
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