First Interstate BancSystem (FIBK) Tops Q2 EPS by 3c
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First Interstate BancSystem, Inc. Reports Second Quarter Earnings
July 26, 2022 4:10 PM EDTBILLINGS, Mont.--(BUSINESS WIRE)-- First Interstate BancSystem, Inc. (NASDAQ: FIBK) today reported financial results for the second quarter of 2022. For the quarter, the Company reported a net income of $64.1 million, or $0.59 per share, which compares to a net loss of $33.4 million, or $(0.36) per share, for the first quarter of 2022, and net income of $42.5 million, or $0.69 per share, for the second quarter of 2021.
Earnings include pre-tax acquisition costs of $45.8 million and $65.2 million for the second and first quarters of 2022, respectively, related to the acquisition of Great Western Bancorp, Inc. (Great Western), the parent... More
