First Interstate BancSystem Q3 2026 net income falls 26% quarter-on-quarter to $62.2 million
Bitget2026/10/22 20:20- First Interstate BancSystem’s third-quarter 2026 net income fell 26% from the second quarter to $62.2 million.
- Noninterest income dropped 30% quarter over quarter to $43.3 million, primarily due to the second quarter’s $19.5 million Nebraska branch-sale gain.
- Net interest income rose to $206.2 million versus the second quarter, while net interest margin widened to 3.53%.
- Credit-loss provision reached $10.5 million, versus a $3.2 million provision reduction in the second quarter.
- Third-quarter share repurchases totaled $76.3 million, leaving $103.4 million available under the authorization at September 30.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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