First Interstate BancSystem (FIBK) Misses Q2 EPS by 3c

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Go back to First Interstate BancSystem (FIBK) Misses Q2 EPS by 3c

First Interstate BancSystem, Inc. Reports Second Quarter Earnings

July 27, 2021 4:23 PM EDT

BILLINGS, Mont.--(BUSINESS WIRE)-- First Interstate BancSystem, Inc. (NASDAQ: FIBK) today reported financial results for the second quarter of 2021. For the quarter, the Company reported net income of $42.5 million, or $0.69 per share, which compares to net income of $51.4 million, or $0.83 per share, for the first quarter of 2021, and $36.7 million, or $0.57 per share, for the second quarter of 2020.

HIGHLIGHTS

Loans held for investment decreased $28.5 million, or 0.3%, to $9,834.7 million as of June 30, 2021, from $9,863.2 million as of March 31, 2021. Of our loans held for investment, $545.9 million represented... More