First Interstate Bancsystem Stock Price, News & Analysis

First Interstate BancSystem (NASDAQ: FIBK) has scheduled its third quarter 2025 earnings release and conference call. The company will release its Q3 results after market close on Wednesday, October 29, 2025.

A conference call for investors will be held on Thursday, October 30, 2025, at 9:30 a.m. Eastern (7:30 a.m. Mountain). The call will include a presentation of quarterly results followed by a Q&A session. Investors can join via phone (800-549-8228, Conference ID: 69085) or through the company's website at www.FIBK.com.

First Interstate BancSystem (NASDAQ: FIBK) reported Q2 2025 net income of $71.7 million, or $0.69 per diluted share, up from $50.2 million in Q1 2025 and $60.0 million in Q2 2024. The bank's performance showed notable improvements with net interest margin increasing to 3.30%, an 11-basis point increase from Q1 2025.

Key highlights include a 74% reduction in borrowed funds to $250.0 million, improved credit metrics with net charge-offs decreasing to $5.8 million, and strengthened capital ratios with common equity tier 1 capital ratio increasing 90 basis points to 13.43%. The company completed the outsourcing of its consumer credit card portfolio, resulting in a $4.3 million gain. The board declared a dividend of $0.47 per common share.

First Interstate BancSystem (NASDAQ: FIBK) has scheduled its second quarter 2025 earnings release and conference call. The company will release its Q2 results after market close on Tuesday, July 29, 2025.

A conference call for investors will be held on Wednesday, July 30, 2025, at 11 a.m. Eastern (9 a.m. Mountain). The call will include a presentation of quarterly results followed by a Q&A session. Investors can access the call by dialing 800-549-8228 (Conference ID: 98659) or through the company's website at www.FIBK.com.

First Interstate BancSystem (NASDAQ: FIBK) has announced the pricing of $125 million in Fixed-to-Floating Rate Subordinated Notes due 2035. The Notes will carry a 7.625% fixed interest rate until June 15, 2030, followed by a floating rate of Three-Month Term SOFR plus 398 basis points. The offering, expected to close on June 10, 2025, will generate approximately $123.1 million in net proceeds. The company plans to use these funds primarily to redeem its existing 5.25% Fixed-to-Floating Rate Subordinated Notes due 2030, with any remaining amount allocated for general corporate purposes. The Notes are designed to qualify as Tier 2 capital for regulatory purposes, with Keefe, Bruyette & Woods serving as the sole book-running manager.

First Interstate BancSystem (NASDAQ: FIBK) has appointed David P. Della Camera as its new Executive Vice President and Chief Financial Officer (CFO), effective June 1, 2025. This appointment completes the previously announced CFO succession plan from February 2025. Della Camera, who joined First Interstate in 2021, was previously serving as Deputy CFO, overseeing financial planning and analysis, investor relations, and strategic initiatives including M&A. He has also held positions as Director of Corporate Development and Financial Strategy, and Director of Financial Planning and Analysis. The outgoing CFO, Marcy D. Mutch, will remain as an executive advisor through 2025 and continue as a consultant until December 31, 2026, ensuring a smooth transition.

First Interstate BancSystem reported Q1 2025 net income of $50.2 million ($0.49 per share), compared to $52.1 million in Q4 2024 and $58.4 million in Q1 2024. Key highlights include:

• Net interest margin increased to 3.19%, up 1 basis point from Q4 2024
• Non-performing assets rose 36.3% to $198.4 million
• Criticized loans increased to $1,026.1 million
• Net charge-offs decreased 83.7% to $9.0 million
• Total deposits decreased $282.8 million
• Common equity tier 1 capital ratio improved to 12.53%

The bank declared a dividend of $0.47 per share, payable May 22, 2025. Total assets decreased 2.9% to $28.3 billion, with investment securities declining 3.1% to $7.5 billion. The loan-to-deposit ratio stood at 76.4%. The company discontinued accepting indirect loan applications during Q1 2025.

Enterprise Bank & Trust has signed an agreement to acquire twelve banking offices from First Interstate Bank, expanding its presence in Arizona and Kansas. The strategic acquisition includes:

• 10 branches in Arizona (including locations in Scottsdale, Chandler, Maricopa, and Tucson)
• 2 branches in Kansas (Overland Park and Shawnee)
• Approximately $740 million in deposits
• About $200 million in commercial loans

The deal is expected to close by early Q4 2025. Post-acquisition, Enterprise will strengthen its market position with:

• 12 full-service branches in Arizona with $1.3 billion in deposits
• 9 full-service branches in Kansas City area with $1.1 billion in deposits

James B. Lally, CEO of Enterprise, highlighted this as a strategic opportunity to expand in markets with growth potential. The transaction aims to enhance customer access and continue Enterprise's business-oriented, relationship-driven banking approach.

Enterprise Bank & Trust has signed an agreement to acquire twelve banking offices from First Interstate Bank in a strategic expansion across Arizona and Kansas. The deal includes ten branches in Arizona and two in Kansas, with the transfer of approximately $740 million in deposits and $200 million in commercial loans.

The acquisition will significantly boost Enterprise's market presence:

• In Arizona: Expansion to 12 full-service branches with $1.3 billion in deposits
• In Kansas City area: Increase to 9 full-service locations with $1.1 billion in deposits

The transaction is expected to close by early fourth quarter of 2025, pending regulatory approval. The deal includes branches in prime locations such as North Scottsdale, Chandler, Tucson, and Overland Park. Both banks emphasize this move aligns with their customer-centric and relationship-driven values, with Enterprise focusing on ensuring a seamless transition while First Interstate aims to redirect capital investment toward higher market share areas.

First Interstate BancSystem (NASDAQ: FIBK) has scheduled its first quarter 2025 earnings release and conference call. The company will release its Q1 results after market close on Tuesday, April 29, 2025.

A conference call for investors will be held on Wednesday, April 30, 2025, at 11 a.m. Eastern (9 a.m. Mountain). The call will include a presentation of quarterly results followed by a question-and-answer session. Investors can join via phone by dialing 800-549-8228 (Conference ID: 81085) or through the company's website at www.FIBK.com.

A replay will be available approximately one hour after the call ends by dialing 888-660-6264 (security code: 81085#). The recording will also be archived on FIBK's website.