An update from First Interstate Bancsystem ( (FIBK) ) is now available.
First Interstate BancSystem, Inc. reported a net income of $55.5 million for Q3 2024, with a declared dividend of $0.47 per share. The net interest margin increased slightly, while criticized loans decreased significantly due to charge-offs. Despite a reduction in deposits from a temporary withdrawal, non-interest expenses rose due to CEO transition costs. Capital ratios improved, and the company anticipates continued profitability expansion into 2025.
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