First Interstate BancSystem

First Interstate BancSystem, Inc. is a financial holding company, which engages in the provision of community banking solutions. The firm offers commercial and consumer banking services to individuals, businesses, municipalities, and other entities. It also provides Internet, mobile, and other banking and financial services. The company was founded by Homer Scott Sr. in 1968 and is headquartered in Billings, MT.

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

First Interstate Bank reports $56.3 million net income for Q1 2023

First Interstate Bank's Q1 2023 performance reflects resilience amid challenges. The company is prioritizing C&I growth and strategic efforts in mortgage and consumer credit cards, while addressing concerns about commercial real estate non-performers. Share repurchase is currently off the table but may be revisited in the future.

FIBK reports $67 million net income in Q2 2023

FIBK's Q2 2023 performance reflects a mix of strengths and challenges. The company's strategic initiatives and focus on sustainability present opportunities for future growth. Navigating competitive deposit pricing and addressing the impact of proposed legislation on interchange are key challenges that require attention.

FIBK reports $72.7 million net income, focuses on stability

FIBK reported strong net income and highlighted stability in the face of market challenges. The company is focused on protecting shareholder value and expects stable to slightly improving credit quality in the upcoming quarter.

FIBK reports $61.5M net income, expects reduced earnings pressure

FIBK's Q4 2023 performance reflects disciplined underwriting, share repurchases, and expectations of reduced earnings pressure. However, challenges include decreased net interest income, increased noninterest expenses, and a rise in credit loss provisions. The potential for improved NIM and loan portfolio growth presents opportunities for the company.

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First Interstate BancSystem, Inc. is a financial holding company, which provides community banking solutions. The firm offers commercial and consumer banking services to individuals, businesses, municipalities, and other entities. The company was founded by Homer Scott Sr. in 1968 and is headquartered in Billings, MT.

First Interstate BancSystem Inc. (NASDAQ:FIBK ) Q1 2024 Results Conference Call April 25, 2024 11:00 AM ET Company Participants Andrea Walton - IR Kevin Riley - President, CEO & Director Marcy Mutch - Executive VP & CFO Conference Call Participants Andrew Terrell - Stephens Chris McGratty - KBW Timur Braziler - Wells Fargo Operator Good morning, everyone, and welcome to today's First Interstate BancSystem First Quarter Earnings Conference Call. [Operator Instructions] And now at this time, I'd like to turn the call over to Ms.

First Interstate BancSystem Inc. (FIBK) Q1 2024 Earnings Call Transcript

The headline numbers for First Interstate BancSystem (FIBK) give insight into how the company performed in the quarter ended March 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

First Interstate BancSystem (FIBK) Q1 Earnings: Taking a Look at Key Metrics Versus Estimates

First Interstate BancSystem (FIBK) came out with quarterly earnings of $0.57 per share, beating the Zacks Consensus Estimate of $0.53 per share. This compares to earnings of $0.54 per share a year ago.

First Interstate BancSystem (FIBK) Beats Q1 Earnings and Revenue Estimates

BILLINGS, Mont.--(BUSINESS WIRE)--First Interstate BancSystem, Inc. (NASDAQ: FIBK) (the “Company”) today reported financial results for the first quarter of 2024. For the quarter, the Company reported net income of $58.4 million, or $0.57 per share, which compares to net income of $61.5 million, or $0.59 per share, for the fourth quarter of 2023 and net income of $56.3 million, or $0.54 per share, for the first quarter of 2023. HIGHLIGHTS Criticized loans decreased $58.3 million at March 31, 20.

First Interstate BancSystem, Inc. Reports First Quarter Earnings

First Interstate BancSystem (FIBK) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Earnings Preview: First Interstate BancSystem (FIBK) Q1 Earnings Expected to Decline

BILLINGS, Mont.--(BUSINESS WIRE)--First Interstate BancSystem, Inc. (NASDAQ: FIBK), parent company of First Interstate Bank, will report first quarter results after the market closes on Wednesday, April 24, 2024. A conference call for investors is scheduled for Thursday, April 25, 2024 at 11 a.m. Eastern (9 a.m. Mountain), during which the Company will discuss quarterly results. There will be a question-and-answer session following the presentation. The conference call will be accessible by tel.

First Interstate BancSystem, Inc. Announces First Quarter Earnings Release and Conference Call

First Interstate BancSystem, Inc. (FIBK) Q4 2023 Earnings Call Transcript

While the top- and bottom-line numbers for First Interstate BancSystem (FIBK) give a sense of how the business performed in the quarter ended December 2023, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

First Interstate BancSystem (FIBK) Q4 Earnings: Taking a Look at Key Metrics Versus Estimates

BILLINGS, Mont.--(BUSINESS WIRE)--First Interstate BancSystem, Inc. (NASDAQ: FIBK) (the “Company”) today reported financial results for the fourth quarter of 2023. For the quarter, the Company reported net income of $61.5 million, or $0.59 per share, which compares to net income of $72.7 million, or $0.70 per share, for the third quarter of 2023, and net income of $85.8 million, or $0.82 per share, for the fourth quarter of 2022. Results in the fourth quarter of 2022 include pre-tax acquisition.

First Interstate BancSystem, Inc. Reports Fourth Quarter Earnings

BILLINGS, Mont.--(BUSINESS WIRE)--First Interstate BancSystem, Inc. (NASDAQ: FIBK), parent company of First Interstate Bank, will report fourth quarter results after the market closes on Tuesday, January 30, 2024. A conference call for investors is scheduled for Wednesday, January 31, 2024, at 11 a.m. Eastern (9 a.m. Mountain), during which the Company will discuss quarterly and year-end results. There will be a question-and-answer session following the presentation. The conference call will be.

First Interstate BancSystem, Inc. Announces Fourth Quarter Earnings Release and Conference Call

First Interstate BancSystem (FIBK) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might not help the stock continue moving higher in the near term.

First Interstate BancSystem (FIBK) Surges 6.3%: Is This an Indication of Further Gains?

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NEW YORK, Dec. 08, 2023 (GLOBE NEWSWIRE) -- Keefe, Bruyette & Woods, Inc., a leading specialist investment bank to the financial services and fintech sectors, and a wholly owned subsidiary of Stifel Financial Corp. (NYSE: SF), announces the upcoming index rebalancing for the fourth quarter of 2023.

KBW Announces Index Rebalancing for Fourth-Quarter 2023

BILLINGS, Mont.--(BUSINESS WIRE)--First Interstate BancSystem, Inc. (NASDAQ: FIBK) (“First Interstate” or the “Company”) has appointed Lori A. Meyer as Executive Vice President and Chief Information Officer (“CIO”). “Lori has been serving as interim CIO since the end of June and has demonstrated exceptional leadership, implementing significant changes and improvements in our IT infrastructure,” said FIBK President and CEO Kevin Riley. A longtime First Interstate Bank employee, Meyer started wit.

Lori A. Meyer Named Chief Information Officer at First Interstate

First Interstate BancSystem Inc. (NASDAQ:FIBK ) Q3 2023 Results Conference Call October 26, 2023 11:00 AM ET Company Participants Andrea Walton - Investor Relations Kevin Riley - President, CEO and Director Marcy Mutch - Executive VP & CFO Michael Lugli - Chief Credit Officer Conference Call Participants Matthew Clark - Piper Sandler Chris McGratty - KBW Andrew Terrell - Stephens Zach Westerlind - UBS Jeff Rulis - D.A. Davidson Operator Good morning, ladies and gentlemen, and welcome to the First Interstate BancSystem, Inc. Third Quarter Earnings Call.

First Interstate BancSystem Inc. (FIBK) Q3 2023 Earnings Call Transcript

The headline numbers for First Interstate BancSystem (FIBK) give insight into how the company performed in the quarter ended September 2023, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

First Interstate BancSystem (FIBK) Q3 Earnings: How Key Metrics Compare to Wall Street Estimates

First Interstate BancSystem (FIBK) came out with quarterly earnings of $0.70 per share, beating the Zacks Consensus Estimate of $0.65 per share. This compares to earnings of $1.01 per share a year ago.

First Interstate BancSystem (FIBK) Surpasses Q3 Earnings Estimates

BILLINGS, Mont.--(BUSINESS WIRE)--First Interstate BancSystem, Inc. (NASDAQ: FIBK) (the “Company”) today reported financial results for the third quarter of 2023. For the quarter, the Company reported net income of $72.7 million, or $0.70 per share, which compares to net income of $67.0 million, or $0.65 per share, for the second quarter of 2023, and net income of $85.7 million, or $0.80 per share, for the third quarter of 2022. There were no pre-tax acquisition costs in the second and third qu.

First Interstate BancSystem, Inc. Reports Third Quarter Earnings

BILLINGS, MT--(BUSINESS WIRE)--First Interstate BancSystem, Inc. (NASDAQ: FIBK), parent company of First Interstate Bank, will report third quarter results after the market closes on Wednesday, October 25, 2023. A conference call for investors is scheduled for Thursday, October 26, 2023, at 11 a.m. Eastern (9 a.m. Mountain), during which the Company will discuss quarterly results. There will be a question-and-answer session following the presentation. The conference call will be accessible by t.

First Interstate BancSystem, Inc. Announces Third Quarter Earnings Release and Conference Call

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Wells Fargo analyst Timur Braziler downgraded four U.S. regional banks Wednesday, sharing his four top picks as he assumed coverage of the sector.

Wells Fargo downgrades four regional banks and highlights four top names in analyst shift

BILLINGS, Mont.--(BUSINESS WIRE)--First Interstate BancSystem, Inc. (NASDAQ: FIBK) (“First Interstate” or the “Company”) has appointed Lorrie L. Asker as Executive Vice President and Chief Banking Officer (“CBO”). Asker has been serving as Interim CBO since February 2023. With a 30-year track record of building strong relationships and producing results, Asker's expertise encompasses the development of long-term strategic plans that address the changing landscape of banking products and service.

Lorrie L. Asker Named Chief Banking Officer at First Interstate

BILLINGS, Mont.--(BUSINESS WIRE)--First Interstate BancSystem, Inc. (NASDAQ: FIBK) is increasing its sustainability efforts by subscribing to two community solar gardens — one in Iowa and one in Oregon. Community solar gardens are solar projects built in partnership with utility providers to generate solar power close to where it is consumed. They offer multiple subscribers the opportunity to participate and receive renewable, local, clean energy. “We've been searching for impactful ways to inc.

First Interstate Subscribes to Two Community Solar Gardens to Increase Sustainability

Although the revenue and EPS for First Interstate BancSystem (FIBK) give a sense of how its business performed in the quarter ended June 2023, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

First Interstate BancSystem (FIBK) Reports Q2 Earnings: What Key Metrics Have to Say

First Interstate BancSystem (FIBK) came out with quarterly earnings of $0.66 per share, missing the Zacks Consensus Estimate of $0.71 per share. This compares to earnings of $0.93 per share a year ago.

First Interstate BancSystem (FIBK) Lags Q2 Earnings and Revenue Estimates

BILLINGS, Mont.--(BUSINESS WIRE)--First Interstate BancSystem, Inc. (NASDAQ: FIBK) today reported financial results for the second quarter of 2023. For the quarter, the Company reported net income of $67.0 million, or $0.65 per share, which compares to net income of $56.3 million, or $0.54 per share, for the first quarter of 2023, and net income of $64.1 million, or $0.59 per share, for the second quarter of 2022. For the second quarter of 2022, earnings included pre-tax acquisition costs of $4.

First Interstate BancSystem, Inc. Reports Second Quarter Earnings

BILLINGS, Mont.--(BUSINESS WIRE)--First Interstate BancSystem, Inc. (NASDAQ: FIBK), parent company of First Interstate Bank, will report second quarter results after the market closes on Wednesday, July 26, 2023. A conference call for investors is scheduled for Thursday, July 27, 2023 at 11 a.m. Eastern (9 a.m. Mountain), during which the Company will discuss quarterly results. There will be a question-and-answer session following the presentation. The conference call will be accessible by tele.

First Interstate BancSystem, Inc. Announces Second Quarter Earnings Release and Conference Call

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