First Interstate BancSystem (FIBK) Declares $0.22 Quarterly Dividend; 2.8% Yield
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First Interstate BancSystem, Inc. Reports Strong Third Quarter Earnings; Announces Quarterly Dividend of $0.22 Per Share
October 24, 2016 5:37 PM EDTBILLINGS, Mont.--(BUSINESS WIRE)-- First Interstate BancSystem, Inc. (NASDAQ: FIBK) reports third quarter 2016 net income of $25.2 million, or $0.56 per share. This compares to net income of $25.6 million, or $0.57 per share, during second quarter 2016, and $20.2 million, or $0.44 per share, during third quarter 2015.
The Company considers acquisition expenses and certain non-recurring litigation recoveries and settlements to be non-core. Exclusive of non-core income and expense, third quarter core net income was $25.8 million, or $0.58 per share, compared to $23.2 million, or $0.52 per share, during second quarter 2016 and $23.6 million, or $0.52 per share, during third quarter 2015.
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