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First Interstate Bancsystem (FIBK)
NASDAQ:FIBK
Earnings Data
Report Date
Apr 29, 2026After Close (Confirmed)
Period Ending
2026 (Q1)Consensus EPS Forecast
0.61Last Year’s EPS
0.49Same Quarter Last Year
Moderate Buy
Based on 6 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Neutral
The call highlighted tangible progress on capital return, regulatory capital improvement, balance sheet flexibility and sequential net interest margin expansion, along with meaningful credit quality improvements in the quarter. However, several operational headwinds and near-term pressures remain: loan balances and deposits declined due to strategic branch divestitures and intentional run-off, Q4 earnings were materially supported by a one-time gain on sale, there was a Q4 spike in net charge-offs driven by a single large credit, and loan production was lower than expected in 2025. Management provided constructive guidance for NIM expansion and controlled expenses but acknowledged near-term seasonality that will pressure Q1 NII and expects loans roughly flat to slightly lower in 2026 (excluding indirect run-off). Overall, positive structural actions and capital returns are balanced by execution and recurring-earnings headwinds and some one-time items.Company Guidance
Strong Q4 Net Income and EPS
Net income of $108.8M in Q4 2025, or $1.08 per diluted share, up from $71.4M or $0.69 in Q3 2025; increase driven largely by a gain on sale related to Arizona and Kansas divestiture.
Substantial Share Repurchase Activity and Increased Authorization
Repurchased ~3.7M shares through year-end for approximately $118M; repurchased ~2.8M shares (~$90M) in Q4; Board approved incremental $150M authorization raising total to $300M with ~$180M capacity remaining.
Improved Capital Metrics
Common equity Tier 1 ratio increased to 14.38% (up 48 bps QoQ); leverage ratio ~9.61%; tangible book value per share increased 2.9% in Q4 to $22.40.
Balance Sheet Deleveraging and Liquidity Strength
Other borrowed funds reduced from $1.6B at end of 2024 to $0 at end of 2025, strengthening funding flexibility and reducing interest expense on other borrowed funds.
Net Interest Margin Expansion
Fully tax-equivalent NIM of 3.38% in Q4 2025 vs 3.36% in Q3 2025 and 3.20% in Q4 2024; adjusted FTE NIM (ex-purchase accounting accretion) improved to 3.34% (up 4 bps QoQ, up 26 bps YoY).
Credit Quality Trajectory Improving (Q4)
Criticized loans decreased by $112.3M or 9.6% in Q4; non-performing assets decreased by $47.3M or 26% in Q4; funded provision decreased to 1.26% of loans from 1.30% in Q3.
Return of Capital to Shareholders (Dividends)
Declared a quarterly dividend of $0.47 per common share, equating to a 5.7% annualized yield based on average Q4 closing price; returned ~$48M in dividends in Q4.
Footprint Optimization and Operational Restructuring
Completed sale of branches in Arizona and Kansas and announced sale of 11 Nebraska branches; consolidating footprint from 14 states to 10 contiguous states; initiated a flatter banking organization (State Presidents) to speed local decisions and drive organic growth.
Guidance: Expectation of NIM Expansion and Controlled Expenses
Company expects sequential NIM improvement toward >3.50% by year-end 2026, low single-digit deposit growth in 2026, roughly flat to slightly lower total expenses for 2026 (with ~1% higher due to medical normalization included).
FIBK Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
FIBK Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Jan 28, 2026 | $36.66 | $36.14 | -1.42% |
Oct 28, 2025 | $31.79 | $31.64 | -0.47% |
Jul 29, 2025 | $28.49 | $27.73 | -2.65% |
Apr 29, 2025 | $26.48 | $24.96 | -5.74% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does First Interstate Bancsystem (FIBK) report earnings?
First Interstate Bancsystem (FIBK) is schdueled to report earning on Apr 29, 2026, After Close (Confirmed).
What is First Interstate Bancsystem (FIBK) earnings time?
First Interstate Bancsystem (FIBK) earnings time is at Apr 29, 2026, After Close (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is FIBK EPS forecast?
FIBK EPS forecast for the fiscal quarter 2026 (Q1) is 0.61.