First Interstate Q3 EPS Falls to $0.65 as Provision Returns; NIM Expands to 3.53%
FIBK sits 26% above its 52-week low of $29.385.
Summary
First Interstate earned $62.2 million, or $0.65 per share, in Q3 as a $10.5 million credit provision replaced last quarter's reversal; net interest margin expanded to 3.53% and the board declared a $0.47 dividend.
Key Events · Earnings and Guidance · FIBK
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Q3 EPS Falls to $0.65
Net income of $62.2 million, or $0.65 per diluted share, versus $83.9 million ($0.87) in Q2 2026 and $71.4 million ($0.69) in Q3 2025; Q2 included a $19.5 million branch-sale gain.
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Net Interest Margin Expands to 3.53%
NIM rose 8 basis points from 3.45% in Q2 and 19 basis points year-over-year; net interest income increased $4.0 million to $206.2 million.
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Credit Provision Returns at $10.5 Million
A $10.5 million provision replaced Q2's $3.2 million reversal; net charge-offs were $9.9 million, or 0.28% of average loans, up from 0.27%.
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$0.47 Dividend Declared, Buyback Active
Board declared a $0.47 per share dividend payable November 13, 2026 to holders of record November 3; $103.4 million remains on the $450 million repurchase authorization after 2.04 million shares bought for $76.3 million in Q3.
Analysis · FIBK · Finance
Third-quarter net income of $62.2 million, or $0.65 per diluted share, is down from $0.87 in Q2 and $0.69 a year ago — but Q2 was inflated by a $19.5 million gain on the Nebraska branch sale, so the underlying trend is softer, not collapsing. The real positive is margin: net interest margin rose to 3.53% from 3.45%, the tenth straight quarter of expansion, and non-performing assets fell 6.1% to $155.0 million. Against that, the company booked a $10.5 million credit provision versus a $3.2 million reversal last quarter, and net charge-offs ticked up to 0.28% of average loans. Management also reiterated full-year guidance of $814-$819 million net interest income and $629-$635 million noninterest expense, and declared a $0.47 dividend (5.0% annualized yield). The buyback remains active with $103.4 million left on the $450 million authorization.
How filings like this one have moved
In the 30 days to Oct 22, 2026, 29.3% of the 1526 measured filings Wiseek scored 7 moved their stock by 5% or more by the next session's close. The median move was -0.41%. These are measured outcomes after filings of this importance, not a forecast for this one.
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At the time of this filing, FIBK was trading at $36.88 on NASDAQ in the Finance sector, with a market capitalization of approximately $3.5B. The 52-week trading range was $29.39 to $40.60. This filing was assessed with neutral market sentiment and an importance score of 7 out of 10.