For the quarter ended March 2026, First Interstate BancSystem (FIBK) reported revenue of $243.1 million, down 1.6% over the same period last year. EPS came in at $0.61, compared to $0.49 in the year-ago quarter.
The reported revenue represents a surprise of -0.87% over the Zacks Consensus Estimate of $245.24 million. With the consensus EPS estimate being $0.60, the EPS surprise was +2.52%.
While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.
As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.
Here is how First Interstate BancSystem performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts: Efficiency Ratio: 63.8% compared to the 65.1% average estimate based on three analysts. Net FTE interest margin ratio: 3.4% versus the three-analyst average estimate of 3.4%. Average Balance - Total interest earning assets: $23.87 billion versus the two-analyst average estimate of $24.06 billion. Total non-performing assets: $162.5 million compared to the $126.46 million average estimate based on two analysts. Net charge-offs to average loans: 0.1% versus the two-analyst average estimate of 0.3%. Total noninterest Income: $41.1 million versus the three-analyst average estimate of $42.95 million. Mortgage banking revenues: $1.3 million compared to the $1.53 million average estimate based on two analysts. Service charges on deposit accounts: $6.5 million versus the two-analyst average estimate of $6.59 million. Net interest income on a fully-taxable equivalent basis: $202 million versus the two-analyst average estimate of $201.97 million. Net Interest Income: $200.7 million compared to the $202.24 million average estimate based on two analysts.View all Key Company Metrics for First Interstate BancSystem here>>>
Shares of First Interstate BancSystem have returned +6.8% over the past month versus the Zacks S&P 500 composite's +12.2% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.7 Best Stocks for the Next 30 Days
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First Interstate BancSystem, Inc. (FIBK): Free Stock Analysis Report
This article originally published on Zacks Investment Research (zacks.com).