---
schema_version: "secwatch.filing_event.v1"
accession: "0000860413-25-000057"
form_type: "8-K"
ticker: "FIBK"
cik: "0000860413"
company_name: "FIRST INTERSTATE BANCSYSTEM INC"
filed_at: "2025-04-29T23:59:59+00:00"
generated_at: "2026-05-23T04:29:22.407516+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# First Interstate Q1 net income $50.2M ($0.49/sh) down from $0.57/sh YoY; NPAs surge 36%

## Summary
- Net income $50.2M ($0.49 diluted EPS) vs $52.1M ($0.50) in Q4 2024 and $58.4M ($0.57) in Q1 2024.
- Net interest margin improved to 3.19%, up 28 bps YoY and 1 bp QoQ; adjusted NIM (FTE) 3.14%.
- Non-performing assets jumped 36.3% QoQ to $198.4M; criticized loans rose $252.8M to $1.03B.
- Net charge-offs dropped to $9.0M from $55.2M in Q4 2024; deposits fell $282.8M.
- Declared $0.47/sh dividend payable May 22, 2025 to record May 12, 2025.

## SEC filing metadata
- accession: 0000860413-25-000057
- form_type: 8-K
- ticker: FIBK
- cik: 0000860413
- company_name: FIRST INTERSTATE BANCSYSTEM INC
- filed_at: 2025-04-29T23:59:59+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/860413/000086041325000057/0000860413-25-000057-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/860413/000086041325000057/fibk-20250429.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000860413-25-000057
- JSON: https://secwatch.observer/filing/0000860413-25-000057.json
- Plain text: https://secwatch.observer/filing/0000860413-25-000057.txt

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