First Interstate BancSystem (FIBK) Tops Q2 EPS by 1c

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First Interstate BancSystem, Inc. Reports Earnings Growth of 5.9% Quarter-Over-Quarter

July 20, 2015 5:00 PM EDT

BILLINGS, Mont.--(BUSINESS WIRE)-- First Interstate BancSystem, Inc. (NASDAQ: FIBK) reports second quarter 2015 net income of $22.2 million, or $0.49 per share. This compares to net income of $21.0 million, or $0.46 per share, during first quarter 2015, and $21.1 million, or $0.47 per share, during second quarter 2014.

SECOND QUARTER HIGHLIGHTS

Pre-tax, pre-provision income of $35.1 million, a 7.9% increase from the prior quarter and a 15.5% increase from the same period in the prior year. Organic loan growth of 3.6% over prior quarter and 5.3% year-over-year. Loan to deposit... More