First Interstate BancSystem (FIBK) Raises Quarterly Dividend 9.7% to $0.34; 3.6% Yield

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First Interstate BancSystem (FIBK) Reports In-Line Q4 EPS

January 29, 2020 4:49 PM EST

First Interstate BancSystem (NASDAQ: FIBK) reported Q4 EPS of $0.80, in-line with the analyst estimate of $0.80.

HIGHLIGHTS

Asset quality improved in the fourth quarter of 2019, resulting in a $17.7 million, or 23.6%, decrease in non-performing assets and a $28.7 million, or 6.9%, decrease in criticized loans, in each case as compared to the third quarter of 2019.Efficiency ratio improved to 54.3% during the fourth quarter of 2019, compared to 57.8% during the third quarter of 2019 and 63.3% during the fourth quarter of... More