First Interstate BancSystem Q2 FY26 net income rises 39.4% to $83.9 million; net interest margin widens 4 bps to 3.45%

Reuters2026/07/23 20:14

By:Reuters

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First Interstate BancSystem posted Q2 net income of $83.9 million, or $0.87 a share, up 39.4% from Q1.
Net interest margin widened 4 basis points from Q1 to 3.45%.
Noninterest income climbed 50.1% from Q1 to $61.7 million, driven by a $19.5 million gain on selling 11 Nebraska branches.
Credit quality improved as criticized loans fell 9.3% from Q1 to $937.4 million, while net charge-offs rose to $9.7 million from $2.4 million.
The board declared a $0.47 quarterly dividend; it expanded the share repurchase authorization to $450 million after buying back $68.7 million in Q2.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. First Interstate BancSystem Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20260723051059) on July 23, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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First Interstate BancSystem Q2 FY26 net income rises 39.4% to $83.9 million; net interest margin widens 4 bps to 3.45%

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