--- title: "First Interstate Bancsys-MT | 8-K: FY2026 Q2 Revenue: USD 263.9 M" type: "News" locale: "en" url: "https://longbridge.com/en/news/293662059.md" datetime: "2026-07-23T20:18:35.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/293662059.md) - [en](https://longbridge.com/en/news/293662059.md) - [zh-HK](https://longbridge.com/zh-HK/news/293662059.md) --- # First Interstate Bancsys-MT | 8-K: FY2026 Q2 Revenue: USD 263.9 M Revenue: As of FY2026 Q2, the actual value is USD 263.9 M. EPS: As of FY2026 Q2, the actual value is USD 0.87, beating the estimate of USD 0.6438. EBIT: As of FY2026 Q2, the actual value is USD 108.2 M. #### Dividend Declaration First Interstate BancSystem, Inc. declared a dividend of $0.47 per share on July 22, 2026, payable on August 14, 2026, to shareholders of record as of August 4, 2026. #### Balance Sheet (as of June 30, 2026) - Assets: $25.9 Billion. - Loans Held for Investment (LHFI): $14.3 Billion. - Deposits: $21.4 Billion. - Allowance for Credit Losses (ACL) to LHFI: 1.28%. - Loan-to-deposit ratio: 67%. #### Capital (as of June 30, 2026) - Total Risk-Based Capital (RBC): 17.30%. - Common Equity Tier-1 (CET1): 14.54%. - Leverage: 9.59%. - Tangible Common Stockholders’ Equity (TCE) to Tangible Assets (TA) ratio: 8.69%. - Tangible book value per share (TBVPS) increased during the second quarter of 2026. - Common equity tier 1 capital ratio increased 24 basis points during the second quarter of 2026 compared to the first quarter of 2026. #### Earnings (Second Quarter 2026) - Net income: $83.9 million. - Net interest margin (NIM): 3.45%, an increase of 4 basis points from the first quarter of 2026. - NIM on a fully taxable equivalent (FTE) basis: 3.48%, an increase of 5 basis points from the first quarter of 2026. - Adjusted FTE NIM: 3.42%, an increase of 4 basis points from the first quarter of 2026. - Efficiency ratio: 59.0%. #### Balance Sheet Changes - Loans held for investment (LHFI) decreased by $447.0 million from the first quarter of 2026. - Total deposits decreased $441.7 million or 2.0% at June 30, 2026, from March 31, 2026. - Total deposits decreased $1,189.3 million or 5.3% from June 30, 2025. #### Asset Quality - Total reduction of the provision for credit losses: - $3.2 million. - Funded Allowance for Credit Losses coverage: 1.28% of LHFI, compared to 1.33% from the first quarter of 2026. - Net charge-offs (NCOs): $9.7 million, or an annualized 27 basis points of average loans outstanding. - Non-performing loans: $159.7 million, an increase of 2.4% from the first quarter of 2026, reflecting 1.12% of LHFI. - Non-performing assets: $165.0 million, an increase of 1.5% from the first quarter of 2026. - Criticized loans: $937.4 million, a decrease of $95.8 million or 9.3% from the first quarter of 2026, reflecting 6.6% of LHFI. #### Capital Activities - Quarterly cash dividend: $0.47 per share, for an annualized yield of 5.3%. - During the second quarter of 2026, First Interstate BancSystem, Inc. repurchased 1.93 million shares of common stock for approximately $68.7 million. - Since August 2025, approximately 7.98 million shares of common stock have been repurchased for approximately $270.3 million. - The board of directors authorized an additional $150.0 million for the repurchase program on July 22, 2026, bringing the total authorized since August 2025 to $450.0 million. #### Net Interest Income (NII) and Net Interest Margin (NIM) - Loan purchase accounting accretion (PAA) for the second quarter of 2026: $3.5 million, an increase from $3.1 million in the prior quarter. - Total remaining PAA as of June 30, 2026: $23.3 million. - Scheduled accretion of PAA: $3.3 million for the remainder of 2026, $4.9 million for FY27, and $4.1 million for FY28. #### Noninterest Income (Q2 2026) - Total Reported Noninterest Revenue: $61.7 million. - Q2 2026 results include a $19.5 million gain recorded in other income related to the sale of eleven Nebraska branches. #### Noninterest Expense (Q2 2026) - Total Reported Noninterest Expense: $158.9 million. #### 2026 Guidance Summary First Interstate BancSystem, Inc. expects full-year 2026 ending deposits to be between $21.5 billion and $22.0 billion, and ending loans between $13.5 billion and $13.8 billion. The company anticipates full-year reported net interest income of $810 million to $820 million, with non-interest income totaling $167 million to $171 million (excluding a $19.5 million gain-on-sale). Non-interest expense is projected to be between $629 million and $637 million, and long-term annualized net charge-offs are expected to be between 20 and 30 basis points of average loan balances. ### Related Stocks - [FIBK.US](https://longbridge.com/en/quote/FIBK.US.md) ## Related News & Research - [FIBK: Q2 2026 net income surged 39% year-over-year, aided by branch sales and margin gains](https://longbridge.com/en/news/293662193.md) - [Fed cracks down on theft at banks](https://longbridge.com/en/news/294404838.md) - [First Interstate BancSystem Q2 profit rises on branch sale gain](https://longbridge.com/en/news/293662598.md) - [American Resources files amended 8-K detailing auditor change timeline after GreenGrowth withdraws 2025 opinion](https://longbridge.com/en/news/294229412.md) - [SRX Global amends 8-K to correct CFO Carolina Martinez misidentified as CEO](https://longbridge.com/en/news/294232884.md)