First Interstate BancSystem, Inc. (NASDAQ:FIBK) is expected to report second quarter earnings results, after market close, on Monday 27th July 2020.
Analysts polled by Thomson Reuters anticipate second quarter income of $ 0.51 per share from revenue of $ 166.09 million.
Looking ahead, the full year income are expected at $ 2.30 per share on the revenues of $ 673.37 million.
Previous Quarter Performance
First Interstate BancSystem, Inc. communicated income for the first quarter of $ 0.45 per share, from the revenue of $ 166.80 million. The quarterly earnings contracted 34.78 percent while revenues expanded 10.83 percent compared with the same quarter last year.
The consensus estimates are income of $ 0.64 per share from $ 161.53 million in revenue. The bottom line results missed street analysts by $ 0.19 or 29.69 percent, at the same time, top line results outshined analysts by $ 5.27 million or 3.26 percent.
Historical Earnings Performance
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Stock Performance
According to the previous trading day, closing price of FIBK was $ 30.27, representing a 23.55 % increase from the 52 week low of $ 24.50 and a 30.94 % decrease over the 52 week high of $ 43.83.
The company has a market capital of $ 1.95 billion and is part of the Financial Services sector and Banks – Regional – US industry.
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Recent Stock Dividend Announcement
The board of directors has authorized quarterly dividend of $ 0.34 per share on April 30, 2020. The dividend were payable on May 21, 2020 to holders of record as of the close of business on May 11, 2020 and ex-dividend date on May 8, 2020.
First Interstate BancSystem, Inc. operates as the bank holding company for First Interstate Bank that provides range of banking products and services in the United States. Its deposit products include checking, savings, time, and demand deposits; and repurchase agreements primarily for commercial and municipal depositors.
