Q2 FY2026 EarningsQ2 FY26 results significantly exceeded consensus estimates, with diluted EPS of $0.87 beating the $0.64 mean estimate by 35.9%. Total revenue of $263.9M surpassed the $246.36M forecast, primarily driven by a $19.5M net gain from the sale of eleven Nebraska branches. Net interest margin (NIM) remained resilient at 3.45%, slightly exceeding the 3.448% consensus. While core growth was impacted by the strategic exit from indirect lending and branch divestitures, aggressive share repurchases and stable credit quality supported the overall bottom-line beat.
Overview: First Interstate Bancsys-MT(FIBK) the Revenue is 263.9 M (+6.28%), Beat estimate;the EBIT is 105 M (+12.66%), Beat estimate;the EPS is 0.87 (+26.09%), Beat estimate.