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First Interstate BancSystem Q1 2023 Earnings Report

First Interstate BancSystem logo
$34.31 -0.60 (-1.72%)
(As of 12/3/2024 ET)

First Interstate BancSystem EPS Results

Actual EPS
$0.54
Consensus EPS
$0.82
Beat/Miss
Missed by -$0.28
One Year Ago EPS
$0.21

First Interstate BancSystem Revenue Results

Actual Revenue
$255.30 million
Expected Revenue
$285.42 million
Beat/Miss
Missed by -$30.12 million
YoY Revenue Growth
N/A

First Interstate BancSystem Announcement Details

Quarter
Q1 2023
Time
After Market Closes
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First Interstate BancSystem Earnings Headlines

Wells Fargo Keeps Their Sell Rating on First Interstate Bancsystem (FIBK)
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First Interstate upgraded to Buy from Neutral at DA Davidson
See More First Interstate BancSystem Headlines
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About First Interstate BancSystem

First Interstate BancSystem, Inc. operates as the bank holding company for First Interstate Bank that provides range of banking products and services in the United States. It offers various traditional depository products, including checking, savings, and time deposits; and repurchase agreements primarily for commercial and municipal depositors. The company also offers real estate loans comprising commercial real estate, construction, residential, agricultural, and other real estate loans; consumer loans comprising direct personal loans, credit card loans and lines of credit, and indirect loans; variable and fixed rate commercial loans for small and medium-sized manufacturing, wholesale, retail, and service businesses for working capital needs and business expansions; and agricultural loans. In addition, it provides a range of trust, employee benefit, investment management, insurance, agency, and custodial services to individuals, businesses, and nonprofit organizations. Further, the company offers marketing, credit review, loan servicing, credit cards issuance and servicing, mortgage loan sales and servicing, indirect consumer loan purchasing and processing, loan collection services, other operational, and specialized staff support services, as well as online and mobile banking services. The company serves individuals, businesses, municipalities, and other entities in various industries, including agriculture, construction, education, governmental services, healthcare, hospitality, housing, professional services, real estate development, retail, technology, tourism, and wholesale trade. First Interstate BancSystem, Inc. was incorporated in 1971 and is headquartered in Billings, Montana.

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