“We executed well in the fourth quarter, completing a share repurchase and accomplishing the cost savings initiative we mentioned last quarter,” said Kevin P. Riley, President and Chief Executive Officer of First Interstate BancSystem, Inc. “Even in this challenging environment, we saw attractive lending opportunities which generated a modest level of loan growth. With our strong financial performance, we had increases in our capital ratios and were able to maintain a healthy dividend, providing value for our shareholders.”
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