Highest-materiality recent filing
COO Kristina Robbins terminated without cause effective May 11, 2026; CEO James Reuter will assume COO duties until a successor is appointed.
First Interstate Q1 net income $60.2M ($0.61 EPS); NIM expands to 3.41%; share repurchase $84M
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).
First Interstate Q4 net income $108.8M ($1.08 EPS) vs $52.1M a year ago; board ups buyback to $300M
Net income $108.8M ($1.08 diluted EPS) vs $71.4M ($0.69) Q3 2025 and $52.1M ($0.50) Q4 2024.
First Interstate appoints sole CBO; Co-CBO Asker transitions to advisor
Lorrie Asker stepped down as Co-CBO on Nov 14, 2025; will serve as executive advisor to CEO through Q1 2026.
First Interstate Q3 net income $71.4M, EPS $0.69; NIM expands to 3.34%
Net income $71.4M ($0.69 diluted EPS) vs $55.5M Q3 2024; flat sequentially.
First Interstate selling 11 Nebraska branches to Security First; ~$280M deposits, ~$70M loans
Security First Bank acquiring 11 Nebraska branches from First Interstate Bank under purchase and assumption agreement.
First Interstate closes sale of 12 branches in AZ and KS to Enterprise Bank
Transaction closed October 10, 2025; buyer is Enterprise Bank & Trust.
First Interstate splits CBO role into co-CBOs; hires Chris Shepler from Wells Fargo
Lorrie Asker (current CBO) appointed Co-CBO covering Arizona, Idaho, Montana, Oregon, Washington, Wyoming.
First Interstate appoints Renu Agrawal to board, filling expansion vacancy
Renu Agrawal appointed as Class III director effective Aug 29, 2025, term until 2027 annual meeting.
FIBK appoints Scudder to Audit and Risk Committees effective Aug 28, 2025
Michael L. Scudder appointed as Class I director on Aug 13, 2025, filling a vacancy due to board size increase.
Board approves $150M stock repurchase program through March 2027
Authorizes repurchase of up to $150 million of common stock on or before March 31, 2027.
First Interstate BancSystem redeems all outstanding 5.25% subordinated notes due 2030
Redeemed all outstanding $5.25% Fixed-to-Floating Rate Subordinated Notes due 2030 on Aug 15, 2025 at 100% par plus accrued interest.
First Interstate appoints former Old National Bancorp exec Michael Scudder to board
Appointed Michael L. Scudder as Class I director on Aug 13, 2025, filling a vacancy from board size increase.
First Interstate Q2 net income $71.7M ($0.69), up from $0.58 a year ago
Net income $71.7M, diluted EPS $0.69 vs $0.58 in Q2 2024; net interest margin 3.30% (+33 bps YoY).
First Interstate to redeem $100M subordinated notes due 2030 on August 15, 2025
Redeeming all $100M of 5.25% Fixed-to-Floating Rate Subordinated Notes due 2030.
First Interstate BancSystem closes $125M offering of 7.625% subordinated notes due 2035
Completed public offering of $125M in 7.625% fixed-to-floating rate subordinated notes due 2035.
FIBK prices $125M of 7.625% Fixed-to-Floating Subordinated Notes due 2035
Aggregate principal $125M, price 100%; interest fixed at 7.625% until June 2030, then floating at SOFR+398 bps.
David P. Della Camera becomes CFO of First Interstate BancSystem effective June 1, 2025
Della Camera succeeds Marcy D. Mutch as EVP and CFO under a planned succession announced February 2025.
No material new details available from First Interstate investor presentation filing
Filing is a Regulation FD disclosure of a fixed income investor presentation.
First Interstate appoints James R. Scott Jr. to board, adopts director resignation policy
James R. Scott Jr. appointed Class III director, effective May 21, 2025, filling father's vacancy.
Effective as of June 1, 2025, First Interstate BancSystem, Inc. (the “Company”), First Interstate Bank (the “Bank”) and David P. Della Camera completed and formally executed the Employment Agreement
On May 21, 2025, the Board of Directors (the “Board”) of First Interstate BancSystem, Inc. (the “Company”) appointed Mr. James R. Scott, Jr. to serve as a Class III director on the Board with a term expiring at the Company’s 2027 annual meeting of shareholders.
Max materiality 0.75 · Median 0.55 · Most common event leadership