secwatch.observer — SEC 8-K summary
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Issuer:     FIRST INTERSTATE BANCSYSTEM INC (FIBK)
CIK:        0000860413
Form:       8-K
Filed at:   2025-01-29T23:59:59+00:00
Accession:  0000860413-25-000006
Event type: earnings
Sentiment:  neutral
Materiality: 0.65
Item codes: 2.02, 7.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

First Interstate Q4 net income $52.1M ($0.50 EPS), down 15% YoY; NIM rises 17 bps
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- Net income $52.1M ($0.50 diluted EPS) vs $55.5M in Q3 and $61.5M in Q4 2023.
- Net interest margin improved to 3.18% (FTE 3.20%), up 17 bps from prior quarter.
- Non-performing assets fell 18.6% to $145.6M; criticized loans rose $170M to $773.3M.
- Net charge-offs $55.2M (1.22% of avg loans) including $49.3M C&I loan; remaining portfolio 0.13%.
- Board declared $0.47/share dividend, payable Feb 20, 2025 to holders of record Feb 10, 2025.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/860413/000086041325000006/0000860413-25-000006-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/860413/000086041325000006/fibk-20250129.htm
  HTML page:      https://secwatch.observer/filing/0000860413-25-000006

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer