First Interstate reports Q2 EPS 58c, consensus 55c

“We continued executing well in the second quarter, with results generally in-line with expectations. We were pleased to see our net interest margin expansion, as expected, a reduction in non-performing assets, and continued expense control. Given our strong levels of capital and liquidity, adequate allowance for credit losses, and continued expectations for net interest margin expansion and expense control, we believe we are well positioned for the remainder of 2024 into 2025 and remain confident in our ability to generate solid returns,” said Kevin P. Riley, President and Chief Executive Officer of First Interstate BancSystem, Inc.