First Interstate Earnings Reports

First Interstate BancSystem reported net income of $39.4 million and diluted EPS of $0.40 for Q2 2025. Revenue was impacted by lower net interest income due to margin compression, while non-interest income remained flat and credit quality metrics were stable.

First Interstate BancSystem, Inc. reported net income of $50.2 million for the first quarter of 2025, a decrease from the previous quarter and the same period last year. The net interest margin increased, but non-performing assets and criticized loans also saw significant increases. The company continued to improve its capital ratios.

First Interstate BancSystem, Inc. reported a net income of $58.4 million, or $0.57 per share, for the first quarter of 2024. The results were generally in line with expectations, positioning the company well for the remainder of the year. The company's board of directors declared a dividend of $0.47 per common share.

First Interstate BancSystem, Inc. reported a net income of $61.5 million, or $0.59 per share, for the fourth quarter of 2023, compared to $85.8 million, or $0.82 per share, for the fourth quarter of 2022. The results include a $10.5 million pre-tax accrual for the FDIC special assessment.

First Interstate BancSystem, Inc. reported a net income of $72.7 million, or $0.70 per share, for the third quarter of 2023. Total deposits increased by $100.3 million, and asset quality improved, leading to a decrease in criticized loans. The company's common equity tier 1 capital ratio also increased.

First Interstate BancSystem, Inc. reported a net income of $67.0 million, or $0.65 per share, for the second quarter of 2023. The results were impacted by severance expenses and a decrease in net interest margin, but the company saw growth in June deposits and commercial real estate loans.

First Interstate BancSystem, Inc. reported a net income of $56.3 million, or $0.54 per share, for the first quarter of 2023. The results were impacted by an available-for-sale investment securities loss of $23.4 million and a $1.9 million fair value adjustment on loans held for sale.

First Interstate BancSystem, Inc. reported a strong fourth quarter with net income of $85.8 million, driven by loan growth and merger synergies. The company is well-positioned for 2023 with strong capital and liquidity.

First Interstate BancSystem, Inc. reported a strong third quarter with a net income of $85.7 million, or $0.80 per share. The results were driven by loan growth and an increase in the net interest margin, offset by a provision for credit losses and realized losses on investment securities. The company also announced a 14.6% increase in the quarterly cash dividend to $0.47 per share.

First Interstate BancSystem reported a net income of $64.1 million, or $0.59 per share, for the second quarter of 2022, driven by an increase in net interest income and a $1.7 million reduction in credit losses, and the completion of the merger and core system conversion of GWB on May 23, 2022.

First Interstate BancSystem, Inc. reported a net loss of $33.4 million, or $0.36 per share, for the first quarter of 2022, which includes pre-tax acquisition costs of $65.2 million related to the acquisition of Great Western Bancorp, Inc. Excluding these costs, the company saw strong earnings driven by expansion in net interest margin and a strong loan pipeline.

First Interstate BancSystem, Inc. reported a net income of $51.1 million, or $0.83 per share, for the fourth quarter of 2021, compared to $46.9 million, or $0.76 per share, for the fourth quarter of 2020. The results reflect healthy economic conditions and strong deposit inflows, but were impacted by acquisition costs related to the pending acquisition of Great Western Bancorp, Inc.

First Interstate BancSystem, Inc. reported a net income of $47.1 million, or $0.76 per share, for the third quarter of 2021. This compares to a net income of $42.5 million, or $0.69 per share, for the second quarter of 2021, and $48.3 million, or $0.76 per share, for the third quarter of 2020. The third quarter 2021 earnings include pre-tax acquisition costs of $6.6 million related to the pending acquisition of Great Western Bancorp, Inc., and accrued expenses of $1.2 million related to a settlement of a legal claim.

First Interstate BancSystem, Inc. reported a net income of $42.5 million, or $0.69 per share, for the second quarter of 2021, compared to $36.7 million, or $0.57 per share, for the second quarter of 2020.

First Interstate BancSystem, Inc. reported a strong first quarter with net income of $51.4 million, or $0.83 per share, compared to $29.3 million, or $0.45 per share, for the first quarter of 2020. The company saw increases in total deposits and total assets, along with decreases in non-performing assets and criticized loans.

First Interstate BancSystem reported a net income of $46.9 million, or $0.76 per share, for the fourth quarter of 2020. The company saw increases in net interest income and total assets, along with organic loan growth and deposit growth. The quarterly cash dividend increased by 7.9% from the fourth quarter of 2019.

First Interstate BancSystem, Inc. reported a strong third quarter with net income of $48.3 million, or $0.76 per share. The company saw encouraging signs of economic strength, quality balance sheet growth, significant contributions from non-interest income sources, and positive trends in asset quality.

First Interstate BancSystem, Inc. reported net income of $36.7 million, or $0.58 per share, for the second quarter of 2020. This compares to net income of $29.3 million, or $0.45 per share, for the first quarter of 2020, and $37.9 million, or $0.59 per share, for the second quarter of 2019.

First Interstate BancSystem reported a net income of $29.3 million for the first quarter of 2020, a decrease compared to both the previous quarter and the same quarter of the previous year. Mortgage banking revenues saw a significant increase, but the company also recorded a provision for credit losses of $29.0 million due to the adoption of CECL and the economic impact of COVID-19.

First Interstate BancSystem, Inc. reported net income of $52.4 million, or $0.80 per share, for the fourth quarter of 2019, compared to $40.4 million, or $0.67 per share, for the fourth quarter of 2018. The company's efficiency ratio improved to 54.3% during the fourth quarter of 2019. Quarterly cash dividends increased 9.7% from $0.31 to $0.34 per share of common stock in January 2020.