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First Interstate BancSys: Q4 Earnings Insights

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Benzinga Insights
·1 min read
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Shares of First Interstate BancSys (NASDAQ:FIBK) were flat in after-market trading after the company reported Q4 results.

Quarterly Results

Earnings per share decreased 6.17% year over year to $0.76, which missed the estimate of $0.78.

Revenue of $162,300,000 declined by 1.87% year over year, which missed the estimate of $167,780,000.

Looking Ahead

First Interstate BancSys hasn't issued any earnings guidance for the time being.

View more earnings on FIBK

Revenue guidance hasn't been issued by the company for now.

Technicals

Company's 52-week high was at $43.95

Company's 52-week low was at $24.50

Price action over last quarter: Up 9.71%

Company Overview

First Interstate BancSystem Inc acts as a bank holding company for First Interstate Bank, a regional bank serving Idaho, Montana, Oregon, c, Washington, and Wyoming. It delivers a range of financial products and services to both retail and commercial customers in industries like agriculture, construction, education, energy, governmental services, healthcare, mining, professional services, retail, tourism, and wholesale trade. In addition to the banking offices, it also offers Internet and mobile banking services. It generates a majority of income from interest charged on loans, and interest and dividends earned on investments.

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