First Interstate BancSystem (FIBK) Tops Q3 EPS by 2c

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First Interstate BancSystem, Inc. Reports Third Quarter Earnings

October 26, 2021 4:08 PM EDT

BILLINGS, Mont.--(BUSINESS WIRE)-- First Interstate BancSystem, Inc. (NASDAQ: FIBK) today reported financial results for the third quarter of 2021. For the quarter, the Company reported net income of $47.1 million, or $0.76 per share, which compares to net income of $42.5 million, or $0.69 per share, for the second quarter of 2021, and $48.3 million, or $0.76 per share, for the third quarter of 2020.

The third quarter 2021 earnings include pre-tax acquisition costs of $6.6 million related to the pending acquisition of Great Western Bancorp, Inc. (Great Western), the parent company of Great Western Bank (GWB), and accrued expenses of $1.2... More