Welcome to our dedicated page for First Interstate Bancsystem news (Ticker: FIBK), a resource for investors and traders seeking the latest updates and insights on First Interstate Bancsystem stock.
First Interstate BancSystem, Inc. reports bank operating results, capital actions, and governance developments tied to its role as the financial services holding company for First Interstate Bank. Recurring updates cover quarterly earnings, net interest margin, loan and credit-quality trends, liquidity and borrowing levels, dividends, and share repurchase activity.
The company’s news also reflects its community banking footprint across the western and central United States, where First Interstate Bank provides retail, commercial, and digital banking services. Additional developments may include earnings call schedules, corporate presentations, board and management matters, and shareholder communications related to capital allocation and governance.
First Interstate BancSystem, Inc. (NASDAQ: FIBK) will release its second quarter financial results on July 27, 2021, after market close. An investor conference call is set for July 28, 2021, at 11 a.m. Eastern to discuss these results, including a Q&A session. Shareholders and analysts can join the call by dialing 1-877-507-0356 or through their website at www.FIBK.com. With $18.4 billion in assets as of March 31, 2021, First Interstate is a prominent community bank serving multiple states in the Northwest.
First Interstate BancSystem (NASDAQ: FIBK) reported a significant increase in net income for Q1 2021, reaching $51.4 million or $0.83 per share, marking a 75.4% year-over-year growth. Total deposits grew by $877 million to $15.094 billion, with a 6.2% quarterly increase. Non-performing assets decreased by 13.7%, reflecting improved credit quality. However, net interest income fell by 6.0% to $120.7 million, alongside a decrease in the net interest margin to 3.04%.
First Interstate BancSystem, Inc. (NASDAQ: FIBK) will release first quarter financial results after market close on April 27, 2021. An investor conference call is scheduled for April 28, 2021, at 11 a.m. Eastern, where company executives will discuss results and address questions. Investors and interested parties can join the call by dialing 1-877-507-0356 or via the Internet at www.FIBK.com. The company, headquartered in Billings, Montana, has $17.6 billion in assets as of December 31, 2020, and serves multiple states including Idaho and Oregon.
First Interstate BancSystem (NASDAQ: FIBK) reported a net income of $46.9 million ($0.76 per share) for Q4 2020, slightly down from $48.3 million ($0.76 per share) in Q3 2020 and $52.4 million ($0.80 per share) in Q4 2019. The company saw a 4.4% rise in net interest income to $128.4 million, alongside an increase in total assets by 3.4% to $17.65 billion. Total deposits rose by 2.4% to $14.22 billion. The board declared a dividend of $0.41 per share, yielding 4.32%. Overall, net income for the year was $161.2 million ($2.53 per share), down from $181.0 million ($2.83 per share) in 2019.
First Interstate BancSystem, Inc. (NASDAQ: FIBK) will release its fourth quarter results on January 28, 2021, after market close. An investor conference call is scheduled for January 29, 2021, at 11 a.m. Eastern, where the company will discuss quarterly and year-end results, followed by a Q&A session. Interested participants can join via telephone or the Internet. First Interstate BancSystem, headquartered in Billings, Montana, is a leading community bank with $17 billion in assets as of September 30, 2020, operating across several states.
First Interstate BancSystem (NASDAQ: FIBK) announced its Q3 2020 financial results, reporting a net income of $48.3 million, or $0.76 per share, up from $36.7 million in Q2 2020. The tangible book value per share rose to $20.19. The board declared an 11.8% increase in quarterly dividends to $0.38 per share, payable on November 16, 2020. Loans held for investment grew by $119.7 million, and total deposits increased by $542 million. Non-interest income surged 12.6% to $44.7 million. While credit quality improved, net interest income decreased by 2.0% year-over-year.
First Interstate BancSystem, Inc. (NASDAQ: FIBK) will release its third quarter financial results on October 26, 2020, after market close. An investor conference call will be held on October 27, 2020, at 11 a.m. Eastern Time to discuss these results, followed by a Q&A session. Interested parties can join via phone or the company's website. First Interstate BancSystem, headquartered in Billings, Montana, manages assets worth $16.4 billion as of June 30, 2020, and provides banking services across the Northwest region of the United States.