Benzinga | Jul 27, 2020 05:14PM EDT

First Interstate BancSys: Q2 Earnings Insights

Shares of First Interstate BancSys (NASDAQ:FIBK) were unchanged in after-market trading after the company reported Q2 results.

Quarterly Results

Earnings per share fell 22.67% over the past year to $0.58, which beat the estimate of $0.51.

Revenue of $162,200,000 declined by 1.52% from the same period last year, which missed the estimate of $166,300,000.

Looking Ahead

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

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

Technicals

52-week high: $43.83

Company's 52-week low was at $24.50

Price action over last quarter: down 6.94%

Company Profile

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.