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.

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Earnings data Q1 2022

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Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

First Interstate BancSystem reports strong Q4 performance and strategic outlook for sustainable growth

First Interstate BancSystem delivered a strong performance in Q4 2022, with robust loan growth and expanding net interest margin. Despite challenges like seasonal deposit outflows and expense increases, the company remains focused on managing through economic uncertainty and maintaining strong fundamentals.
Strategic initiatives such as rotating the balance sheet, winning new relationships, and preparing for potential downturns through hedging provide a solid foundation for future growth. Opportunities lie in managing expenses, strengthening core deposits, and capital management strategies for positive operating leverage.
Overall, First Interstate BancSystem's proactive approach to addressing challenges and leveraging strengths positions it well for sustainable growth and profitability in the dynamic financial landscape. By focusing on key opportunities and maintaining a strong performance track record, the company is poised for continued success.

First Interstate BancSystem posts strong Q1 results amidst growth strategies

First Interstate BancSystem delivered a solid performance in Q1 2023, maintaining a strong capital position and asset quality.
While facing challenges like slower loan growth and declining fee income, the company is pursuing growth opportunities through new products and services.
Strategic focus on stability, growth, and managing expenses will be key for First Interstate BancSystem in navigating the evolving financial landscape.

First Interstate BancSystem reports stable Q2 earnings and growth initiatives

First Interstate BancSystem Inc. delivered solid financial performance in Q2 2023, with a focus on asset quality and innovation.
While facing challenges such as deposit declines and lower loan growth, the company remains optimistic about future trends and opportunities.
Investors can find confidence in the company's strategic initiatives, strong financial position, and commitment to sustainable growth.

First Interstate BancSystem reports strong Q3 earnings and focuses on expense control and customer service

First Interstate BancSystem delivered a solid Q3 performance with increased net income and improved loan spreads. The company is focused on expense control, enhancing customer service, and expects stable to slight improvement in credit quality going forward.

First Interstate BancSystem reports Q4 earnings, eyes margin improvement

First Interstate BancSystem navigated challenges in net interest income and total deposits while focusing on operational efficiency and risk management.
The company's strategic investments and disciplined underwriting criteria position it well for future growth opportunities.
Anticipated improvements in net interest margin and stable deposits present positive outlooks for the company's financial performance.
Management's transparency and willingness to engage with investors reflect a commitment to long-term success and stakeholder value.

First Interstate BancSystem reports solid Q1 earnings amidst loan challenges

First Interstate BancSystem's Q1 2024 performance showed resilience despite challenges in loan and deposit balances. The company remains optimistic about its financial position and is proactively addressing potential challenges through debt restructuring.

First Interstate BancSystem (FIBK) reports robust Q2 earnings amidst CEO transition

First Interstate BancSystem (FIBK) delivered a solid performance in Q2 2024, with strong net income and margin expansion. While facing CEO transition challenges, the company remains well-positioned to leverage its financial strengths and address analyst concerns for sustained growth.

First Interstate BancSystem reports Q3 results, navigates CEO transition

First Interstate BancSystem delivered a mixed performance in Q3 2024, with strong capital ratios but challenges in loan dynamics and charge-offs.
The CEO transition to Jim Reuter signals a new chapter for the company, requiring a focus on addressing challenges and capitalizing on growth opportunities.
Strategic management of financial metrics, effective risk management, and transparent communication with stakeholders will be crucial for First Interstate BancSystem's future success.

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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 ) Q3 2024 Earnings Conference Call October 25, 2024 11:00 AM ET Company Participants Nancy Vermeulen – Financial Communications and Analyst Manager Kevin Riley – Chief Executive Officer Marcy Mutch – Chief Financial Officer Conference Call Participants Matthew Clark – Piper Sandler Andrew Terrell – Stephens Jared Shaw – Barclays Tim Coffey – Janney Timur Braziler – Wells Fargo Nick Moutafakis – KBW Operator Good morning, everyone, and welcome to the First Interstate BancSystem Third Quarter Earnings Conference Call. At this time all participants are in a listen-only mode.

First Interstate BancSystem, Inc. (FIBK) Q3 2024 Earnings Call Transcript

The headline numbers for First Interstate BancSystem (FIBK) give insight into how the company performed in the quarter ended September 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) Q3 Earnings: How Key Metrics Compare to Wall Street Estimates

First Interstate BancSystem (FIBK) came out with quarterly earnings of $0.54 per share, missing the Zacks Consensus Estimate of $0.60 per share. This compares to earnings of $0.70 per share a year ago.

First Interstate BancSystem (FIBK) Misses Q3 Earnings Estimates

BILLINGS, Mont.--(BUSINESS WIRE)--First Interstate BancSystem, Inc. (NASDAQ: FIBK) (the “Company”) today reported financial results for the third quarter of 2024. For the quarter, the Company reported net income of $55.5 million, or $0.54 per share, which compares to net income of $60.0 million, or $0.58 per share, for the second quarter of 2024 and net income of $72.7 million, or $0.70 per share, for the third quarter of 2023. HIGHLIGHTS Appointed James A. Reuter as the Company's President and.

First Interstate BancSystem, Inc. Reports Third Quarter Earnings

Evaluate the expected performance of First Interstate BancSystem (FIBK) for the quarter ended September 2024, looking beyond the conventional Wall Street top-and-bottom-line estimates and examining some of its key metrics for better insight.

Exploring Analyst Estimates for First Interstate BancSystem (FIBK) Q3 Earnings, Beyond Revenue and EPS

First Interstate BancSystem (FIBK) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

Why First Interstate BancSystem (FIBK) Could Beat Earnings Estimates Again

First Interstate BancSystem (FIBK) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

First Interstate BancSystem (FIBK) Expected to Beat Earnings Estimates: What to Know Ahead of Q3 Release

BILLINGS, Mont.--(BUSINESS WIRE)--First Interstate BancSystem, Inc. (NASDAQ: FIBK) (“First Interstate or the “Company”) announced today the appointment of James (Jim) A. Reuter as President and Chief Executive Officer, effective November 1, 2024, replacing Kevin P. Riley, whose retirement was announced earlier this year. “After a thorough and comprehensive search, the Board of Directors is thrilled to welcome Jim to First Interstate,” said Stephen B. Bowman, First Interstate's Board Chair. “Hav.

First Interstate BancSystem, Inc. Announces Appointment of James A. Reuter as President and CEO

First Interstate BancSystem (FIBK) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).

What Makes First Interstate BancSystem (FIBK) a New Buy Stock

BILLINGS, Mont.--(BUSINESS WIRE)--First Interstate BancSystem, Inc. (NASDAQ: FIBK), parent company of First Interstate Bank, will report third quarter results after the market closes on Thursday, October 24, 2024. A conference call for investors is scheduled for Friday, October 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 te.

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

First Interstate BancSystem, Inc. has seen some recent insider buying and also offers an over 6.2% dividend yield. The bank's loan book appears in decent shape with manageable exposure to the challenged commercial real estate sector. An analysis around this high yielding bank stock follows in the paragraphs below.

First Interstate BancSystem: Big Dividend Yield, But Fairly Valued

Valuation not expensive, but caution advised due to heavy reliance on CRE loans and potential economic slowdown. Loan portfolio growth stagnant, management shifting strategy towards reducing debt and leveraging. High dividend yield of 6.63% may be attractive, but concerns about sustainability due to exposure to CRE loans and slow growth.

First Interstate BancSystem: CRE Loans Take Up A Huge Weight In The Portfolio

First Interstate BancSystem, Inc. (NASDAQ:FIBK ) Q2 2024 Earnings Conference Call July 26, 2024 11:00 AM ET Company Participants Andrea Walton – Investor Relations Kevin Riley – Chief Executive Officer Marcy Mutch – Chief Financial Officer Conference Call Participants Andrew Terrell – Stephens Matthew Clark – Piper Sandler Jared Shaw – Barclays Chris McGratty – KBW Timur Braziler – Wells Fargo Operator Good day, and welcome to the First Interstate BancSystem, Inc. Second Quarter Earnings. At this time, all participants are in a listen-only mode.

First Interstate BancSystem, Inc. (FIBK) Q2 2024 Earnings Call Transcript

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

Compared to Estimates, First Interstate BancSystem (FIBK) Q2 Earnings: A Look at Key Metrics

First Interstate BancSystem (FIBK) came out with quarterly earnings of $0.58 per share, beating the Zacks Consensus Estimate of $0.55 per share. This compares to earnings of $0.66 per share a year ago.

First Interstate BancSystem (FIBK) Q2 Earnings Beat Estimates

BILLINGS, Mont.--(BUSINESS WIRE)--First Interstate BancSystem, Inc. (NASDAQ: FIBK) (the “Company”) today reported financial results for the second quarter of 2024. For the quarter, the Company reported net income of $60.0 million, or $0.58 per share, which compares to net income of $58.4 million, or $0.57 per share, for the first quarter of 2024 and net income of $67.0 million, or $0.65 per share, for the second quarter of 2023. HIGHLIGHTS Criticized loans decreased $12.0 million at June 30, 20.

First Interstate BancSystem, Inc. Reports Second Quarter Earnings

Besides Wall Street's top -and-bottom-line estimates for First Interstate BancSystem (FIBK), review projections for some of its key metrics to gain a deeper understanding of how the company might have fared during the quarter ended June 2024.

Wall Street's Insights Into Key Metrics Ahead of First Interstate BancSystem (FIBK) Q2 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 Thursday, July 25, 2024. A conference call for investors is scheduled for Friday, July 26, 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 telepho.

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

BILLINGS, Mont.--(BUSINESS WIRE)--First Interstate BancSystem, Inc. (NASDAQ: FIBK) (“First Interstate” or the “Company”) announced today the upcoming retirement of President and Chief Executive Officer Kevin P. Riley and has initiated a search for his successor. Riley will continue to serve in his role as President and CEO until a successor is appointed. Riley joined First Interstate in 2013 as Executive Vice President and the Chief Financial Officer before becoming President and CEO in 2015. “.

First Interstate BancSystem, Inc. Announces President and CEO Kevin P. Riley's Retirement

After reaching an important support level, First Interstate BancSystem, Inc. (FIBK) could be a good stock pick from a technical perspective. FIBK recently experienced a "golden cross" event, which saw its 50-day simple moving average breaking out above its 200-day simple moving average.

First Interstate BancSystem (FIBK)'s Technical Outlook is Bright After Key Golden Cross

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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.

News for First Interstate BancSystem Stock (FIBK)