First Interstate BancSystem (FIBK) Tops Q4 EPS by 11c

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Go back to First Interstate BancSystem (FIBK) Tops Q4 EPS by 11c

First Interstate BancSystem, Inc. Reports Fourth Quarter Earnings

January 27, 2022 4:03 PM EST

BILLINGS, Mont.--(BUSINESS WIRE)-- First Interstate BancSystem, Inc. (NASDAQ: FIBK) today reported financial results for the fourth quarter of 2021. For the quarter, the Company reported net income of $51.1 million, or $0.83 per share, which compares to net income of $47.1 million, or $0.76 per share, for the third quarter of 2021, and $46.9 million, or $0.76 per share, for the fourth quarter of 2020.

The fourth quarter 2021 earnings include pre-tax acquisition costs of $5.0 million related to the pending acquisition of Great Western Bancorp, Inc. (Great Western), the parent company of Great Western Bank (GWB), which reduced earnings by $0.06 per... More