First Interstate BancSystem, Inc. Reports Earnings Results for the Second Quarter Ended June 30, 2023
July 26, 2023 at 04:06 pm EDT
Share
First Interstate BancSystem, Inc. reported earnings results for the second quarter ended June 30, 2023. For the second quarter, the company reported net interest income was USD 218.4 million compared to USD 239 million a year ago. Net income was USD 67 million compared to USD 64.1 million a year ago.
Basic earnings per share from continuing operations was USD 0.65 compared to USD 0.59 a year ago. Diluted earnings per share from continuing operations was USD 0.65 compared to USD 0.59 a year ago.
First Interstate BancSystem, Inc. is a financial and bank holding company focused on community banking. Through its bank subsidiary, First Interstate Bank, the Company delivers a range of banking products and services, including online and mobile banking to individuals, businesses, municipalities, and others throughout its market areas. It operates through Community Banking segment, which encompasses commercial and consumer banking services offered to individuals, businesses, municipalities and other entities. Community Banking segment encompasses commercial and consumer banking services provided through its Bank: primarily the acceptance of deposits, the extension of credit, mortgage loan origination and servicing, and wealth management, which includes trust, employee benefit, investment management, insurance, agency, and custodial services to individuals, businesses, and nonprofit organizations. It provides lending opportunities to clients that participate in a variety of industries.
FIRST INTERSTATE BANCSYSTEM, INC. 