First Interstate BancSystem, Inc. filings document the regulatory disclosures of a bank holding company and the parent of First Interstate Bank. Recent Form 8-K reports furnish quarterly operating results, Regulation FD corporate presentations, dividend declarations, and other material events related to the company’s financial condition and capital actions.
Proxy materials cover board elections, executive compensation, shareholder voting matters, and governance practices. Additional current-report disclosures address leadership and compensatory arrangements, material agreements, capital-structure matters, and other events affecting the company’s common stockholder and corporate reporting profile.
First Interstate BancSystem, Inc. Schedule 13G/A amendment reports that Wellington-affiliated entities beneficially own 3,882,437 shares of Common Stock (CUSIP 32055Y201), representing 3.98% of the class as shown on the cover pages. The filing lists shared voting power of 2,347,013 and shared dispositive power of 3,882,437 and identifies the relevant Wellington entities and investment advisers.
First Interstate BancSystem, Inc. reported a leadership change involving its Chief Operations Officer. On May 11, 2026, the company terminated, without cause, Kristina Robbins’ employment as Executive Vice President and COO and simultaneously moved her into a new role as Executive Advisor to CEO James Reuter.
Robbins will assist with transitioning her prior COO responsibilities and provide strategic and operational support while reporting to the CEO. Her Executive Advisor role is expected to run through August 1, 2026, and she will continue to receive her current compensation and benefits during this period.
The CEO is expected to take on COO responsibilities until a successor is appointed. The filing also notes that, assuming certain conditions under her agreement are met, Robbins’ separation from the COO position will be treated as an involuntary termination under her existing employment agreement. A Transition and Separation Agreement and General Release dated May 11, 2026 is filed as Exhibit 10.1.
First Interstate BancSystem, Inc. reported higher profitability for the quarter ended March 31, 2026. Net income rose to $60.2 million from $50.2 million a year earlier, and diluted earnings per share increased to $0.61 from $0.49.
Total assets were $26.4 billion, with loans held for investment of $14.7 billion and deposits of $21.9 billion, all slightly lower than at December 31, 2025 as the balance sheet contracted. Net interest income dipped modestly to $200.7 million, but a lower provision for credit losses supported earnings.
The company repurchased 2.39 million shares of common stock for $84.0 million and paid common dividends of $0.47 per share, while common equity tier 1 and total risk-based capital ratios remained strong at 14.30% and 17.07%, respectively. Other comprehensive income was negatively affected by higher unrealized losses on available-for-sale securities.
FIRST INTERSTATE BANCSYSTEM INC insider entities associated with Jonathan R. Scott reported an open-market sale of 53,504 shares of Common Stock at a weighted average price of $35.42 per share. After the sale, they report indirect beneficial ownership of 879,520 shares.
The filing explains that the price reflects multiple trades between $35.13 and $35.70. The indirectly held shares are composed of holdings across several Scott family trusts, an LLC, and shares held by Jonathan Scott’s spouse, and the reporting persons note they may be deemed part of a group sharing beneficial ownership, subject to their pecuniary interest.
Jonathan R. Scott Trust reported a proposed resale notice and recent transaction. The trust sold 3,000 shares of common stock on 03/26/2026 for $100,348.2. The filing also lists multiple holdings acquired as compensation and by gift, including awards of 3,401, 1,133, 3,014, and other restricted stock units with their acquisition dates.
First Interstate BancSystem, Inc. reported first-quarter 2026 net income of $60.2 million, or $0.61 per diluted share, down from $108.8 million in the prior quarter but up from $50.2 million a year earlier.
Net interest income was $200.7 million and net interest margin improved to 3.41%, with fully taxable equivalent margin at 3.43% and adjusted FTE margin at 3.38%. Noninterest income fell versus the prior quarter due to a prior one-time gain on Arizona and Kansas branch sales, while fee-based revenues were relatively stable.
Credit quality metrics improved overall: net loan charge-offs declined to $2.4 million, or 0.06% of average loans, and criticized loans eased, though non-performing assets rose to $162.5 million mainly from one client relationship. Loans held for investment were $14.7 billion and deposits $21.9 billion, yielding a 67.3% loan-to-deposit ratio.
Capital remained strong, with a common equity tier 1 ratio of 14.30% and total risk-based capital of 17.07%. The board declared a quarterly dividend of $0.47 per share, equating to a 5.3% annualized yield based on the quarter’s average share price, and the company repurchased 2.39 million shares for about $84.0 million under its $300.0 million authorization.
First Interstate BancSystem Inc ownership filing shows Vanguard Portfolio Management beneficially owns 5,523,702 shares of Common Stock, representing 5.46% of the class as of 03/31/2026. The filing reports sole voting power of 33,164 shares and sole dispositive power over 5,523,702 shares.
The Schedule 13G statement lists Vanguard Portfolio Management and affiliated divisions that exercise dispositive power over funds and managed accounts; the disclosure notes these holdings include securities held by Vanguard funds and managed clients.
FIRST INTERSTATE BANCSYSTEM INC disclosed the initial share holdings of Chief Risk Officer Jolyn M. Kanning. The filing shows indirect ownership of 784 shares of common stock held through a 401(k) plan and direct ownership of 11,638 common shares. A footnote notes 3,305 unvested time-based restricted stock units, each convertible into one share upon vesting.
FIRST INTERSTATE BANCSYSTEM INC reported the initial holdings of Chief Credit Officer Ryan J. Boschee on a Form 3. He holds 10,930 shares of common stock directly, including 3,845 unvested time-based restricted stock units, each convertible into one share of common stock upon vesting.
First Interstate BancSystem, Inc. is asking shareholders at the May 27, 2026 annual meeting to elect three Class II directors, approve a charter amendment adding a plurality voting standard for contested director elections, approve on an advisory basis executive pay, and ratify Ernst & Young LLP as auditor for 2026.
The proxy highlights 2025 net income of $302.1 million and diluted EPS of $2.94, with ROAE of 8.83% and ROATCE of 13.53%. The company emphasizes branch sales and closures, balance sheet optimization, and a flexible funding profile, including reduction of other borrowed funds from $1.6 billion to zero and a 68.8% loans-to-deposits ratio.
Capital returns were significant: dividends of $1.88 per share and total shareholder returns of about 103% of net income, including repurchase of approximately 3.65 million shares for $117.6 million under a stock buyback program expanded to $300 million in authorization. The proxy also describes a pay‑for‑performance executive compensation design, independent board leadership, retirement-driven board downsizing from 14 to 11 directors, and extensive risk and cybersecurity oversight structures.