FIBK First Interstate BancSystem (FIBK) Q2 FY26 earnings call
First Interstate BancSystem delivered strong Q2 FY26 earnings, driven by continued net interest margin expansion and effective capital deployment through share repurchases. While proactive portfolio management led to a larger-than-expected decline in loan balances and deposits, the company is focused on optimizing its balance sheet and improving profitability. Management anticipates continued fixed asset repricing tailwinds and expects earning assets to stabilize in Q3 FY26, supporting future NII growth.
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FIBK operating KPIs by quarter
| KPI | This call Jun 2026 Q2 FY26 | Sep 2026 Q3 FY26 | Change vs prior quarter |
|---|---|---|---|
| Net interest margin | 3.48%Our fully taxable equivalent net interest margin was 3.48% for the second quarter compared to 3.43% during the first quarter and to 3.32% during the second quarter of 2025.Source: earnings call transcript | 3.55%Our fully taxable equivalent net interest margin was 3.55% for the third quarter compared to 3.48% during the second quarter and 3.36% during the third quarter of 2025.Source: earnings call transcript | +0.1 pt |
| Common equity tier 1 ratio (CET1) | 14.54%Our common equity Tier 1 capital ratio ended the second quarter at 14.54% and an increase of 24 basis points from the prior quarter.Source: earnings call transcript | 14.36%Our common equity tier one capital ratio ended the third quarter at 14.36%, a decrease of 18 basis points from the prior quarter.Source: earnings call transcript | -0.2 pt |
Operating figures the company stated on at least two of the calls shown, checked against each call's transcript. Click a figure to read the sentence. A dash means it was not stated that quarter.
Inve summary of the company's earnings call; see how call summaries are prepared. Not investment advice.