First Interstate BancSystem Q3 Profit Down

(RTTNews) - First Interstate BancSystem Inc. (FIBK) Monday reported third-quarter net income of $19.2 million or $0.42 per share, down from $23.8 million or $0.54 per share last year.

Core net income for the quarter was $22.3 million or $0.49 per share, down from $23.8 million or $0.54 per share last year.

Net interest income for the quarter rose to $65.1 million from $59.0 million last year. Non-interest income for the quarter rose to $29.4 million from $27.6 million a year ago.

Analysts polled by Thomson-Reuters estimated earnings of $0.46 per share on revenues of $93.0 million for the quarter.