First Interstate 2Q FY26 net income rises 17.02% to $83.9 million

First Interstate posted net income of $83.9 million, or $0.87 per diluted share, for the quarter ended June 30, 2026.

Profit rose 17.02% from $71.7 million, or $0.69 per diluted share, a year earlier.

Net interest income slipped 2.41% to $202.2 million, while net interest margin widened 15 percentage points to 3.45%.

Noninterest income climbed 50.12% to $61.7 million on a $19.5 million gain from selling 11 Nebraska branches.

The board raised total stock buyback authorization to $450 million, leaving $170.4 million available as of July 30, 2026.