First Interstate BancSystem (FIBK) Declares $0.24 Quarterly Dividend; 2.3% Yield

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First Interstate BancSystem, Inc. Reports Fourth Quarter Earnings; Announces Increased Quarterly Dividend of $0.24 Per Share

January 26, 2017 5:59 PM EST

BILLINGS, Mont.--(BUSINESS WIRE)-- First Interstate BancSystem, Inc. (NASDAQ: FIBK) reports fourth quarter 2016 net income of $24.8 million, or $0.55 per share. This compares to net income of $25.2 million, or $0.56 per share, during third quarter 2016, and $23.4 million, or $0.51 per share, during fourth quarter 2015. Exclusive of non-core items, the Company's fourth quarter 2016 core net income was $25.5 million, or $0.57 per share, as compared to $25.8 million, or $0.58 per share, during third quarter 2016, and $23.5 million, or $0.52 per share, during fourth quarter 2015.

For the year ending December 31, 2016, the Company reports net income of $95.6 million, or $2.13 per share, compared to $86.8... More