---
schema_version: "secwatch.filing_event.v1"
accession: "0000860413-24-000003"
form_type: "8-K"
ticker: "FIBK"
cik: "0000860413"
company_name: "FIRST INTERSTATE BANCSYSTEM INC"
filed_at: "2024-01-30T23:59:59+00:00"
generated_at: "2026-06-06T15:32:25.681722+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# First Interstate Q4 net income $61.5M ($0.59/sh), down from Q3; FDIC assessment $10.5M

## Summary
- Net income $61.5M ($0.59 EPS) vs Q3 $72.7M ($0.70) and Q4 2022 $85.8M ($0.82).
- Net interest margin fell to 2.99% (FTE 3.01%), down 6 bps from Q3.
- FDIC special assessment of $10.5M pre-tax in Q4; NPAs increased $31.6M.
- Repurchased 1.0M shares at $32.14 from estate; book value per share $31.05.
- Declared dividend $0.47/sh, payable Feb 19 to holders of record Feb 9.

## SEC filing metadata
- accession: 0000860413-24-000003
- form_type: 8-K
- ticker: FIBK
- cik: 0000860413
- company_name: FIRST INTERSTATE BANCSYSTEM INC
- filed_at: 2024-01-30T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 7.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/860413/000086041324000003/0000860413-24-000003-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/860413/000086041324000003/fibk-20240130.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000860413-24-000003
- JSON: https://secwatch.observer/filing/0000860413-24-000003.json
- Plain text: https://secwatch.observer/filing/0000860413-24-000003.txt

## Key facts
- Earnings Releases
  FIRST INTERSTATE BANCSYSTEM INC reported quarter ended December 31, 2023 results: net income 61.5 million, EPS 0.59.
  - Period: quarter ended December 31, 2023
  - Net income: 61.5 million
  - EPS: 0.59
  - Result: reported results
  source text: For the quarter, the Company reported net income of $61.5 million, or $0.59 per share
  evidence_url: https://www.sec.gov/Archives/edgar/data/860413/000086041324000003/0000860413-24-000003-index.htm

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