NasdaqGS:FIBKBanks
Stronger Earnings and Larger Buyback Authorization Might Change The Case For Investing In First Interstate BancSystem (FIBK)
In July 2026, First Interstate BancSystem reported second-quarter 2026 net income of US$83.9 million and diluted earnings per share of US$0.87, while also disclosing higher net loan charge-offs of US$9.7 million and announcing a US$0.47 quarterly dividend.
Over the same period, the board completed a share repurchase of approximately 7.98 million shares and expanded its buyback authorization to US$450 million, signalling continued use of capital returns alongside board refreshment with two...