First Interstate 2Q FY26 net income rises 17.02% to $83.9 million

Reuters2026/08/03 20:04

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First Interstate posted net income of $83.9 million, or $0.87 per diluted share, for the quarter ended June 30, 2026.
Profit rose 17.02% from $71.7 million, or $0.69 per diluted share, a year earlier.
Net interest income slipped 2.41% to $202.2 million, while net interest margin widened 15 percentage points to 3.45%.
Noninterest income climbed 50.12% to $61.7 million on a $19.5 million gain from selling 11 Nebraska branches.
Board raised total stock buyback authorization to $450 million, leaving $170.4 million available as of July 30, 2026.

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 EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0000860413-26-000084), on August 03, 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 2Q FY26 net income rises 17.02% to $83.9 million

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