secwatch.observer — SEC 8-K summary
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Issuer:     FIRST INTERSTATE BANCSYSTEM INC (FIBK)
CIK:        0000860413
Form:       8-K
Filed at:   2026-01-28T23:59:59+00:00
Accession:  0000860413-26-000007
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 7.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

First Interstate Q4 net income $108.8M ($1.08 EPS) vs $52.1M a year ago; board ups buyback to $300M
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- Net income $108.8M ($1.08 diluted EPS) vs $71.4M ($0.69) Q3 2025 and $52.1M ($0.50) Q4 2024.
- Includes $62.7M gain from sale of Arizona/Kansas branches; net interest margin rose to 3.36% from 3.18% YoY.
- Non-performing assets fell 25.5% to $138.3M; criticized loans declined $112.3M to $1,051.8M.
- Net charge-offs jumped to $22.1M (0.56% annualized) from $2.3M in Q3; CET1 ratio improved to 14.38%.
- Board authorized $150M additional share repurchase ($300M total); $117.6M repurchased through Dec 31, 2025.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/860413/000086041326000007/0000860413-26-000007-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/860413/000086041326000007/fibk-20260128.htm
  HTML page:      https://secwatch.observer/filing/0000860413-26-000007

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