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First Interstate BancSystem reported second quarter 2026 net income of $83.9 million, or $0.87 per diluted share…

FIBKFirst Interstate Bancsystem Inc

First Interstate BancSystem reported second quarter 2026 net income of $83.9 million, or $0.87 per diluted share, increasing from $60.2 million in the first quarter. Net interest margin rose to 3.45%. The company completed the sale of eleven Nebraska branches, resulting in a $19.5 million gain. Total deposits decreased 2.0% to $21.44 billion, primarily due to the branch sales. The board declared a quarterly cash dividend of $0.47 per share, payable August 14, 2026, to shareholders of record as of August 4, 2026. Additionally, the board authorized a $150 million increase to its share repurchase program, bringing the total authorized amount to $450 million. First Interstate BancSystem is a financial and bank holding company focused on community banking.

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