Insurance and Risk - Management

Search documents
First Interstate BancSystem (FIBK) Q2 Earnings Top Estimates
ZACKSยท 2025-07-29 22:36
Company Performance - First Interstate BancSystem (FIBK) reported quarterly earnings of $0.69 per share, exceeding the Zacks Consensus Estimate of $0.57 per share, and up from $0.58 per share a year ago [1] - The earnings surprise for the quarter was +21.05%, while the previous quarter saw a surprise of -12.5% with actual earnings of $0.49 per share against an expectation of $0.56 [2] - The company posted revenues of $249.7 million for the quarter ended June 2025, which was 1.79% below the Zacks Consensus Estimate, but an increase from $244.3 million year-over-year [3] Market Performance - First Interstate BancSystem shares have declined approximately 8.7% since the beginning of the year, contrasting with the S&P 500's gain of 8.6% [4] - The current Zacks Rank for the stock is 4 (Sell), indicating expectations of underperformance in the near future [7] Future Outlook - The consensus EPS estimate for the upcoming quarter is $0.61 on revenues of $259.35 million, and for the current fiscal year, it is $2.35 on revenues of $1.03 billion [8] - The outlook for the industry, specifically the Banks - Midwest sector, is currently in the top 16% of over 250 Zacks industries, suggesting a favorable environment for performance [9]