---
schema_version: "secwatch.filing_event.v1"
accession: "0000860413-23-000168"
form_type: "8-K"
ticker: "FIBK"
cik: "0000860413"
company_name: "FIRST INTERSTATE BANCSYSTEM INC"
filed_at: "2023-07-26T23:59:59+00:00"
generated_at: "2026-06-13T02:35:42.011423+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# First Interstate Q2 net income $67M, EPS $0.65; NIM falls 24 bps; dividend $0.47

## Summary
- Net income $67.0M ($0.65/sh) vs Q1 $56.3M ($0.54) and Q2 2022 $64.1M ($0.59, incl $0.34 acquisition costs).
- Net interest margin (FTE) 3.12%, down 24 bps from Q1; adjusted NIM (ex-purchase accounting) 3.05%, also down 24 bps.
- Total deposits decreased 2.2% in Q2, but grew 1.6% in June; no brokered deposits; loans held for investment up 0.4% annualized.
- Book value per share $29.72, tangible book $18.12, down from prior quarter; AOCI loss equal to $4.37 of tangible book.
- Dividend declared $0.47/share, payable Aug 17, 2023 to holders of record Aug 7, 2023.

## SEC filing metadata
- accession: 0000860413-23-000168
- form_type: 8-K
- ticker: FIBK
- cik: 0000860413
- company_name: FIRST INTERSTATE BANCSYSTEM INC
- filed_at: 2023-07-26T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 2.02, 7.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/860413/000086041323000168/0000860413-23-000168-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/860413/000086041323000168/fibk-20230726.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000860413-23-000168
- JSON: https://secwatch.observer/filing/0000860413-23-000168.json
- Plain text: https://secwatch.observer/filing/0000860413-23-000168.txt

## Key facts
- Earnings Releases
  FIRST INTERSTATE BANCSYSTEM INC reported the quarter ended June 30, 2023 results: net income $67.0 million, EPS $0.65 per share.
  - Period: the quarter ended June 30, 2023
  - Net income: $67.0 million
  - EPS: $0.65 per share
  - Result: reported results
  source text: On July 26, 2023, First Interstate BancSystem, Inc. (the “Company”) issued a press release regarding its financial results for the quarter ended June 30, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/860413/000086041323000168/0000860413-23-000168-index.htm

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