First Interstate Q1 net income $60.2M ($0.61 EPS); NIM expands to 3.41%; share repurchase $84M

FIRST INTERSTATE BANCSYSTEM INC

2026-Q1 EPS reported $0.61 vs consensus $0.63 ▼ miss (-2.8%)

Net income $60.2M ($0.61 diluted EPS) vs $108.8M ($1.08) in Q4 2025, which included $62.7M branch sale gain; YoY up from $50.2M ($0.49).
Net interest margin 3.41%, up 5 bps QoQ and 22 bps YoY; net interest income $200.7M.
Net charge-offs fell to $2.4M (0.06% annualized) from $22.1M (0.56%) in Q4 2025.
Repurchased 2.39M shares for ~$84M in Q1; board authorized additional $150M (total $300M).
Non-performing assets rose 17.5% to $162.5M; criticized loans down $18.6M to $1.03B.

item 2.02item 7.01item 8.01item 9.01

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.