First Interstate Bancorp Reports Q3 2026 Results with Record Net Interest Income
First Interstate Bancorp (FISI) reported third-quarter 2026 financial results characterized by record net interest income of $54.3 million, a 4.8% increase over the previous year. This growth was supported by a stable net interest margin of 3.70%, benefiting from lower costs on interest-bearing liabilities. Total loans grew to $4.86 billion, driven largely by robust commercial real estate and construction activity. Despite top-line strengths, net income available to common shareholders fell 5.7% quarter-over-quarter to $0.99 per diluted share. This decline was influenced by rising noninterest expenses—specifically higher salaries and health insurance costs—and an increase in the provision for credit losses. The company also noted a decrease in return on average equity to 12.32%, down from 13.31% in the prior year period.
Tickers: $FISI
Topics: Commercial Lending Loan Growth Net Income Net Interest Margin Stock Repurchases