First Interstate BancSystem: 3Q Earnings Snapshot

Last Updated 4 years ago

BILLINGS, Mont. – First Interstate BancSystem Inc. (FIBK) on Monday reported third-quarter net income of $48.3 million.

The bank, based in Billings, Montana, said it had earnings of 76 cents per share.

The results beat Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of 68 cents per share.

First Interstate BancSystem shares have dropped 13% since the beginning of the year. In the final minutes of trading on Monday, shares hit $36.43, a drop of 15% in the last 12 months.

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