First Interstate reports Q3 EPS 70c, consensus 62c

“The strength of the franchise and balance sheet we have built enabled us to deliver another quarter of strong financial performance despite the impact of larger macroeconomic trends that continue to present challenges for the broader banking industry,” said Kevin P. Riley, President and Chief Executive Officer of First Interstate BancSystem, Inc. “We are executing well on our strategic priorities in the current environment, which enabled us to generate positive trends in a number of key areas including an increase in our total deposits, more stability in our net interest margin, lower expenses, improved asset quality, and an increase in regulatory capital ratios.