---
schema_version: "secwatch.filing_event.v1"
accession: "0000860413-23-000078"
form_type: "8-K"
ticker: "FIBK"
cik: "0000860413"
company_name: "FIRST INTERSTATE BANCSYSTEM INC"
filed_at: "2023-04-26T23:59:59+00:00"
generated_at: "2026-06-16T14:48:20.808703+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# First Interstate Q1 net income $56.3M ($0.54 EPS); NIM down 25 bps; dividend $0.47

## Summary
- Net income $56.3M ($0.54 diluted EPS) vs Q4 2022 $85.8M ($0.82) and Q1 2022 net loss $33.4M ($0.36 loss).
- Net interest margin (FTE) fell to 3.36% from 3.61% in Q4 2022 (25 bps decrease); adjusted NIM 3.29% down 20 bps.
- Loans held for investment grew $146.5M (annualized 3.2%); commercial loans up 20% annualized.
- Book value per share $30.28 vs $29.43 Dec 31; tangible book value $18.57 vs $17.69.
- Board declared $0.47 per share dividend, payable May 18, 2023 to holders of record May 8, 2023.

## SEC filing metadata
- accession: 0000860413-23-000078
- form_type: 8-K
- ticker: FIBK
- cik: 0000860413
- company_name: FIRST INTERSTATE BANCSYSTEM INC
- filed_at: 2023-04-26T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 7.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/860413/000086041323000078/0000860413-23-000078-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/860413/000086041323000078/fibk-20230426.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000860413-23-000078
- JSON: https://secwatch.observer/filing/0000860413-23-000078.json
- Plain text: https://secwatch.observer/filing/0000860413-23-000078.txt

## Key facts
- Earnings Releases
  FIRST INTERSTATE BANCSYSTEM INC reported the quarter ended March 31, 2023 results: net income $56.3 million, EPS $0.54 per share.
  - Period: the quarter ended March 31, 2023
  - Net income: $56.3 million
  - EPS: $0.54 per share
  - Result: reported results
  source text: the Company reported net income of $56.3 million, or $0.54 per share
  evidence_url: https://www.sec.gov/Archives/edgar/data/860413/000086041323000078/0000860413-23-000078-index.htm

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