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First Interstate Bancsystem (FIBK)
NASDAQ:FIBK
RESEARCH TOOLSreports
Earnings Data
Report Date
Jul 29, 2025TBA Not Confirmed
Period Ending
2025 (Q2)Consensus EPS Forecast
0.58Last Year’s EPS
0.58Same Quarter Last Year
Based on 8 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Apr 29, 2025
|% Change Since: -2.66%
|Next Earnings Date:Jul 29, 2025
Earnings Call Sentiment|Neutral
The earnings call presented a mix of positive and negative aspects. While there were improvements in net interest margin and a strategic branch sale aimed at optimizing capital and improving efficiency, the call also highlighted challenges in credit quality, with increases in criticized loans and nonperforming assets, as well as declines in loan and deposit balances. The sentiment is neutral as the highlights and lowlights are balanced.Company Guidance
During First Interstate BancSystem's first quarter earnings call for fiscal year 2025, the management provided guidance reflecting a strategic shift towards organic growth and relationship banking while deemphasizing large-scale mergers and acquisitions. They announced the divestiture of 12 branches in Arizona and Kansas, involving $740 million in deposits and $200 million in loans, expected to close by the fourth quarter, enhancing their capital position by approximately 30 to 40 basis points. The company anticipates a net interest income increase of 3.5% to 5.5% for 2025 over 2024, with quarterly improvements, and projects high single-digit growth in net interest income by 2026. The net interest margin is expected to expand 10 to 15 basis points in the second quarter from the 3.14% reported in the first quarter, with further improvement projected through the year. Noninterest expenses are forecasted to rise by 2% to 4% in 2025, excluding branch sale impacts, while they continue to optimize their branch network. Credit management remains a focus, with $252.8 million in criticized loans primarily in commercial real estate, and an increase of $52.8 million in nonperforming assets, yet the company maintains its charge-off guidance.Net Interest Margin Improvement
The fully tax equivalent net interest margin increased by 2 basis points to 3.22%, and the net interest margin, excluding purchase accounting accretion, increased by 6 basis points to 3.14%.
Reduction in Borrowings
Borrowings declined by $607.5 million in the first quarter of 2025 and by more than $1 billion compared to the third quarter of 2024.
Dividend Declaration
A dividend of $0.47 per share was declared, providing a yield of 6.1% for the first quarter of 2025.
Branch Sale and Strategic Realignment
The company announced the sale of 12 branches in Arizona and Kansas, expecting tangible book value accretion of roughly 2% and an improvement in the common equity Tier 1 ratio of approximately 30 to 40 basis points.
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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
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FIBK Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Apr 29, 2025 | $27.79 | $26.20 | -5.72% |
| Jan 29, 2025 | $32.39 | $33.02 | +1.95% |
| Oct 24, 2024 | $31.07 | $30.04 | -3.32% |
| Jul 25, 2024 | $30.70 | $30.89 | +0.62% |
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.
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FAQ
When does First Interstate Bancsystem (FIBK) report earnings?
First Interstate Bancsystem (FIBK) is schdueled to report earning on Jul 29, 2025, TBA Not Confirmed.
What is First Interstate Bancsystem (FIBK) earnings time?
First Interstate Bancsystem (FIBK) earnings time is at Jul 29, 2025, TBA Not 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 2025 (Q2) is 0.58.
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