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First Interstate BancSystem Posts $0.65 GAAP EPS as Revenue Tops Estimates

First Interstate BancSystem Posts $0.65 GAAP EPS as Revenue Tops Estimates

Photo: TokenPost

First Interstate BancSystem, Inc. posted third-quarter GAAP earnings of $0.65 per share, missing estimates by $0.03, while revenue beat estimates despite slipping from a year earlier. Revenue totaled $249.5 million, $1.57 million above estimates and 0.4% below the year-earlier quarter. Nonperforming assets totaled $155 million at Sept. 30, a $10 million, or 6.1%, decline from the $165 million balance at June 30. John Kim reports on the digital-asset business for TokenPost. Send corrections or tips to info@tokenpost.com.

Source: TokenPost

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