First Interstate Bancsystem Stock Price, News & Analysis

First Interstate BancSystem (NASDAQ: FIBK) reported Q3 2025 net income $71.4M or $0.69 diluted EPS, up from $55.5M ($0.54) in Q3 2024. Net interest margin rose to 3.34% (up 33 bps YoY). The board declared a $0.47 per-share quarterly dividend payable Nov 20, 2025 (6.0% annualized yield on the Q3 average share price).

The company repurchased ~$57.2M of stock under a $150M program through Oct 28, 2025 (~1.8M shares). Capital improved with CET1 at 13.90%. Credit metrics strengthened: net charge-offs fell to an annualized 0.06% and decreased 91.6% YoY. Balance sheet shifts included a 12.2% decline in loans held for investment YoY and an 11.7% decrease in investment securities YoY.

HoldCo Asset Management released a presentation it previously provided to the board of First Interstate BancSystem (NASDAQ: FIBK) on September 3, 2025. The presentation is titled "Buy Back Stock and Swear the Rest Off" and was posted on October 24, 2025.

HoldCo said it manages approximately $2.6 billion in regulatory assets under management and disclosed that it owns common stock of First Interstate BancSystem, giving it an economic interest in FIBK share price. The presentation is available at: https://holdcoam.co/FIBK

Security First Bank will acquire 11 Nebraska branches from First Interstate Bank (Nasdaq: FIBK), representing about $280 million in deposits and $70 million in outstanding loan balances as of September 30, 2025. The transaction is governed by a purchase and assumption agreement and is expected to close in early 2026 subject to regulatory approval and customary closing conditions.

On a pro forma basis, Security First will operate 34 full-service branches in Nebraska after the conversion.

Enterprise Financial Services Corp (Nasdaq: EFSC) completed the acquisition of twelve branches from First Interstate Bank on October 14, 2025, adding ten Arizona branches and two Kansas branches.

The acquired locations bring approximately $300 million in loans and $645 million in deposits, and after the transaction Enterprise will have about $17 billion in total assets. The branches are converted to Enterprise Bank & Trust offices and former customers now have access to EB&T’s commercial and retail products.

First Interstate BancSystem (NASDAQ: FIBK) has scheduled its third quarter 2025 earnings release and conference call. The company will release its Q3 results after market close on Wednesday, October 29, 2025.

A conference call for investors will be held on Thursday, October 30, 2025, at 9:30 a.m. Eastern (7:30 a.m. Mountain). The call will include a presentation of quarterly results followed by a Q&A session. Investors can join via phone (800-549-8228, Conference ID: 69085) or through the company's website at www.FIBK.com.

First Interstate BancSystem (NASDAQ: FIBK) reported Q2 2025 net income of $71.7 million, or $0.69 per diluted share, up from $50.2 million in Q1 2025 and $60.0 million in Q2 2024. The bank's performance showed notable improvements with net interest margin increasing to 3.30%, an 11-basis point increase from Q1 2025.

Key highlights include a 74% reduction in borrowed funds to $250.0 million, improved credit metrics with net charge-offs decreasing to $5.8 million, and strengthened capital ratios with common equity tier 1 capital ratio increasing 90 basis points to 13.43%. The company completed the outsourcing of its consumer credit card portfolio, resulting in a $4.3 million gain. The board declared a dividend of $0.47 per common share.

First Interstate BancSystem (NASDAQ: FIBK) has scheduled its second quarter 2025 earnings release and conference call. The company will release its Q2 results after market close on Tuesday, July 29, 2025.

A conference call for investors will be held on Wednesday, July 30, 2025, at 11 a.m. Eastern (9 a.m. Mountain). The call will include a presentation of quarterly results followed by a Q&A session. Investors can access the call by dialing 800-549-8228 (Conference ID: 98659) or through the company's website at www.FIBK.com.

First Interstate BancSystem (NASDAQ: FIBK) has announced the pricing of $125 million in Fixed-to-Floating Rate Subordinated Notes due 2035. The Notes will carry a 7.625% fixed interest rate until June 15, 2030, followed by a floating rate of Three-Month Term SOFR plus 398 basis points. The offering, expected to close on June 10, 2025, will generate approximately $123.1 million in net proceeds. The company plans to use these funds primarily to redeem its existing 5.25% Fixed-to-Floating Rate Subordinated Notes due 2030, with any remaining amount allocated for general corporate purposes. The Notes are designed to qualify as Tier 2 capital for regulatory purposes, with Keefe, Bruyette & Woods serving as the sole book-running manager.

First Interstate BancSystem (NASDAQ: FIBK) has appointed David P. Della Camera as its new Executive Vice President and Chief Financial Officer (CFO), effective June 1, 2025. This appointment completes the previously announced CFO succession plan from February 2025. Della Camera, who joined First Interstate in 2021, was previously serving as Deputy CFO, overseeing financial planning and analysis, investor relations, and strategic initiatives including M&A. He has also held positions as Director of Corporate Development and Financial Strategy, and Director of Financial Planning and Analysis. The outgoing CFO, Marcy D. Mutch, will remain as an executive advisor through 2025 and continue as a consultant until December 31, 2026, ensuring a smooth transition.