Regional banking company First Interstate BancSystem (NASDAQ:FIBK) missed Wall Street’s revenue expectations in Q2 CY2025 as sales only rose 1.6% year on year to $248.3 million. Its non-GAAP profit of $0.69 per share was 19.9% above analysts’ consensus estimates.
Regional banking company First Interstate BancSystem (NASDAQ:FIBK) will be announcing earnings results this Tuesday after market hours. Here’s what you need to know.
Quarterly earnings results are a good time to check in on a company’s progress, especially compared to its peers in the same sector. Today we are looking at First Interstate BancSystem (NASDAQ:FIBK) and the best and worst performers in the regional banks industry.
Regional banking company First Interstate BancSystem (NASDAQ:FIBK) missed Wall Street’s revenue expectations in Q1 CY2025 as sales only rose 2% year on year to $247 million. Its non-GAAP profit of $0.49 per share was 13.2% below analysts’ consensus estimates.
First Interstate BancSystem (FIBK) is a financial holding company. Over the past year, First Interstate’s share price rose 15.4% from $24.37 to $29.68 as of Thursday’s market close.
FIBK stock results show that First Interstate BancSys beat analyst estimates for earnings per share but missed on revenue for the second quarter of 2024.
