secwatch.observer — SEC 8-K summary
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Issuer:     FIRST INTERSTATE BANCSYSTEM INC (FIBK)
CIK:        0000860413
Form:       8-K
Filed at:   2026-07-23T20:14:03+00:00
Accession:  0000860413-26-000081
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 Q2 net income $83.9M ($0.87 EPS), up from $0.61 Q1; NIM expands to 3.45%
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- Net income $83.9M ($0.87 diluted EPS) vs $60.2M ($0.61) in Q1 2026 and $71.7M ($0.69) in Q2 2025.
- Net interest margin 3.45%, up 4bp QoQ and 15bp YoY; adjusted NIM (ex-accretion) 3.42%.
- Completed sale of 11 Nebraska branches with $19.5M gain; deposits down $441.7M (2%) QoQ.
- Repurchased 1.93M shares for $68.7M in Q2; board authorized additional $150M repurchase (total $450M).
- Criticized loans down $95.8M to $937.4M; net charge-offs $9.7M (0.27% annualized) vs $2.4M (0.06%) prior Q.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/860413/000086041326000081/0000860413-26-000081-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/860413/000086041326000081/fibk-20260723.htm
  HTML page:      https://secwatch.observer/filing/0000860413-26-000081

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