First Interstate BancSystem (FIBK) Misses Q1 EPS by 2c

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First Interstate BancSystem, Inc. Reports First Quarter Earnings

April 27, 2015 5:32 PM EDT

BILLINGS, Mont.--(BUSINESS WIRE)-- First Interstate BancSystem, Inc. (NASDAQ: FIBK) reports first quarter 2015 net income of $21.0 million, or $0.46 per share. This compares to net income of $22.8 million, or $0.49 per share, during fourth quarter 2014, and $21.4 million, or $0.48 per share, during first quarter 2014.

FIRST QUARTER HIGHLIGHTS

Pre-tax, pre-provision net income of $32.5 million, a 16.5% increase from the same period in the prior year Net interest margin ratio of 3.43%, a 5 basis point improvement compared to fourth quarter 2014 Net interest income of $64.3 million, a... More