10-Q quarterly report · filed May 7, 2026

FIRST INTERSTATE BANCSYSTEM INC (FIBK) Q1 2026 10-Q Quarterly Report

Short answer

FIRST INTERSTATE BANCSYSTEM INC (FIBK) filed its Q1 2026 10-Q quarterly report on May 7, 2026 for the quarter ended Mar 31, 2026. Quarterly revenue was $271M (down 10.6% year over year) with net income of $60M.

Q1 2026 key financials · XBRL

Revenue
$271M
−10.6% YoY
Net income
$60M
+19.9% YoY
EPS (diluted)
$0.61
+24.5% YoY

Source: XBRL data from the FIRST INTERSTATE BANCSYSTEM INC (FIBK) Q1 2026 10-Q on SEC EDGAR. USD.

FIRST INTERSTATE BANCSYSTEM INC Q1 2026 10-Q analysis

AI summary of MD&A and risk factor updates

Management Discussion & Analysis

  • March 31, 2026 simulations indicated balanced repricing between interest-earning assets and interest-bearing liabilities
  • Net interest income sensitivity: +1.04% under +200 basis points versus (2.07%) under -200 basis points
  • Deposit beta assumptions: 30% in up-rate scenarios and 29% in down-rate scenarios
  • No active interest-rate derivatives designated as cash-flow hedges as of March 31, 2026
  • Management continued monitoring interest-rate exposure, with potential future derivative contracts

Risk Factors

  • No material changes to 10-K risk factors during quarter ended March 31, 2026
  • Capital allocation risk: $300.0 million total stock-repurchase authorization after January 27, 2026 increase
  • Market and liquidity risk: $98,447,259 remaining under repurchase program as of March 31, 2026
  • Regulatory compliance risk: repurchases subject to federal securities laws, including Rule 10b-18
  • Carried-forward risks from December 31, 2025 10-K remain applicable

Generated from the filing text; verify against the original. 10-K vs 10-Q vs 8-K

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