---
schema_version: "secwatch.filing_event.v1"
accession: "0000860413-23-000014"
form_type: "8-K"
ticker: "FIBK"
cik: "0000860413"
company_name: "FIRST INTERSTATE BANCSYSTEM INC"
filed_at: "2023-01-26T23:59:59+00:00"
generated_at: "2026-06-20T08:52:28.513488+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# First Interstate Q4 net income $85.8M, EPS $0.82; loans grow 11% annualized

## Summary
- Q4 2022 net income $85.8M ($0.82 EPS); full-year $202.2M ($1.96 EPS) vs $192.1M ($3.11) in 2021, with $118.9M acquisition costs.
- Loans held for investment grew $495.7M (annualized 11.1%) in Q4; non-performing loans fell $20.4M to $65.6M.
- Net interest margin (FTE) 3.61%, down 10 bps from Q3; adjusted NIM (ex-purchase accounting) 3.49%, up 2 bps.
- Book value per share $29.43; tangible book value $17.69, down from $20.83 a year ago due to AOCI losses.
- Dividend of $0.47 per share declared, payable Feb 17, 2023 to holders of record Feb 7, 2023.

## SEC filing metadata
- accession: 0000860413-23-000014
- form_type: 8-K
- ticker: FIBK
- cik: 0000860413
- company_name: FIRST INTERSTATE BANCSYSTEM INC
- filed_at: 2023-01-26T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 2.02, 7.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/860413/000086041323000014/0000860413-23-000014-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/860413/000086041323000014/fibk-20230126.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000860413-23-000014
- JSON: https://secwatch.observer/filing/0000860413-23-000014.json
- Plain text: https://secwatch.observer/filing/0000860413-23-000014.txt

## Key facts
- Earnings Releases
  FIRST INTERSTATE BANCSYSTEM INC reported the quarter ended December 31, 2022 results: net income $85.8 million, EPS $0.82 per diluted share.
  - Period: the quarter ended December 31, 2022
  - Net income: $85.8 million
  - EPS: $0.82 per diluted share
  - Result: reported results
  source text: For the quarter, the Company reported net income of $85.8 million, or $0.82 per diluted share
  evidence_url: https://www.sec.gov/Archives/edgar/data/860413/000086041323000014/0000860413-23-000014-index.htm
- Earnings Releases
  FIRST INTERSTATE BANCSYSTEM INC reported the year ended December 31, 2022 results: net income $202.2 million, EPS $1.96 per diluted share.
  - Period: the year ended December 31, 2022
  - Net income: $202.2 million
  - EPS: $1.96 per diluted share
  - Result: reported results
  source text: For the year ending December 31, 2022, the Company reported net income of $202.2 million, or $1.96 per diluted share
  evidence_url: https://www.sec.gov/Archives/edgar/data/860413/000086041323000014/0000860413-23-000014-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.