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BlackRock Inc. acquired a new position in shares of First Interstate BancSystem, Inc. (NASDAQ: FIBK) during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 13,732,702 shares of the financial services provider's stock, valued at approximately $529,533,000. BlackRock

First Interstate BancSystem reported strong Q2 2026 results, beating profit and revenue expectations, but the stock showed minimal reaction. FIBK faces declining earning assets due to accelerated loan payoffs and branch sales, challenging near-term profit growth. The stock trades at a premium with a 1.69x price/tangible book and a 4.89% dividend yield, but some asset quality concerns persist.

First Interstate BancSystem, Inc. (FIBK) Q2 2026 Earnings Call Transcript

First Interstate BancSystem NASDAQ: FIBK reported second-quarter 2026 net income of $83.9 million, or $0.87 per diluted share, compared with $60.2 million, or $0.61 per diluted share, in the first quarter. Results included a $19.5 million gain from a branch transaction completed during the quarter.

While the top- and bottom-line numbers for First Interstate BancSystem (FIBK) give a sense of how the business performed in the quarter ended June 2026, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

First Interstate BancSystem (FIBK) came out with quarterly earnings of $0.87 per share, beating the Zacks Consensus Estimate of $0.64 per share. This compares to earnings of $0.69 per share a year ago.

BILLINGS, Mont.--(BUSINESS WIRE)--First Interstate BancSystem, Inc. (NASDAQ: FIBK) (the “Company”) today reported financial results for the second quarter of 2026. For the quarter, the Company reported net income of $83.9 million, or $0.87 per diluted share, which compares to net income of $60.2 million, or $0.61 per diluted share, for the first quarter of 2026 and net income of $71.7 million, or $0.69 per diluted share, for the second quarter of 2025. HIGHLIGHTS Completed the sale of eleven Ne.