FIBK - Dividend announcements

Security First Bank ("Security First") and First Interstate BancSystem, Inc. ("First Interstate") (NASDAQ:FIBK) have announced the signing of a purchase and assumption agreement pursuant to which Security First will acquire eleven (11) Nebraska branches from First Interstate's wholly-owned subsidiary, First Interstate Bank. The purchase and assumption agreement provides for the transfer by First Interstate Bank to Security First of the facilities and other associated assets of the branches, which included at September 30, 2025 approximately $280 million in deposits, and loans with outstanding balances of roughly $70 million. Upon closing of the transaction, the following branches will becom

NEW YORK, Dec. 08, 2023 (GLOBE NEWSWIRE) -- Keefe, Bruyette & Woods, Inc., a leading specialist investment bank to the financial services and fintech sectors, and a wholly owned subsidiary of Stifel Financial Corp. (NYSE:SF), announces the upcoming index rebalancing for the fourth quarter of 2023. This quarter, there are constituent changes within four of our indexes: the KBW Nasdaq Financial Sector Dividend Yield Index (Index Ticker: KDX, ETF Ticker: KBWD), KBW Nasdaq Financial Technology Index (Index Ticker: KFTX, ETF Ticker: FTEK.LN), KBW Nasdaq Global Bank Index (Index Ticker: GBKX), and KBW Nasdaq Premium Yield Equity REIT Index (Index Ticker: KYX, ETF Ticker: KBWY). There are a num

Highlights for the Quarter Ending on December 31, 2021 (all quarterly comparisons in this document refer to the quarter ending on September 30, 2021, except as noted) Net income of $39.2 million, or $0.71 per diluted share, down from $51.9 million, or $0.93 per diluted share Net interest income1 of $95.3 million, up from $95.1 million, with net interest margin1 of 3.05%, down from 3.10% Total loans of $8.13 billion, down $50.8 million, including a reduction of $121.9 million in Paycheck Protection Program ("PPP") loans $75.1 million of criticized loans secured by hotels, including $69.4 million substandard, were written down to $65.8 million and transferred to held for sale after be

NEW YORK, Dec. 10, 2021 (GLOBE NEWSWIRE) --  Keefe, Bruyette & Woods, Inc., a leading specialist investment bank to the financial services and fintech sectors, and a wholly owned subsidiary of Stifel Financial Corp. (NYSE:SF), announces the upcoming index rebalancing for the fourth quarter of 2021. This quarter, there are constituent changes within five of our indexes: the KBW Nasdaq Capital Markets Index (Index Ticker: KSX), the KBW Nasdaq Financial Sector Dividend Yield Index (Index Ticker: KDX, ETF Ticker: KBWD), the KBW Nasdaq Financial Technology Index (Index Ticker: KFTX, ETF Ticker: FTEK.LN), the KBW Nasdaq Premium Yield Equity REIT Index (Index Ticker: KYX, ETF Ticker: KBWY) and

The Board of Directors of Great Western Bancorp, Inc. (NYSE:GWB) today announced that it has declared a quarterly cash dividend to its stockholders. A quarterly cash dividend of $0.05 per common share will be paid on November 26, 2021, to all stockholders of record as of the close of business on November 12, 2021. Future dividends will be subject to Board approval. About Great Western Bancorp, Inc. Great Western Bancorp, Inc. is the holding company for Great Western Bank, a full-service regional bank focused on relationship-based business and agribusiness banking. Great Western Bank offers small and mid-sized businesses a focused suite of financial products and a range of deposit and loa

Highlights for the Quarter Ending on September 30, 2021 (all quarterly comparisons in this document refer to the quarter ending on June 30, 2021, except as noted) Net income of $51.9 million, or $0.93 per diluted share, down from $58.7 million, or $1.06 per diluted share Net interest income1 of $95.1 million, down from $99.1 million, with net interest margin1 of 3.10%, down from 3.23% Total loans of $8.19 billion, down $292.7 million, including a reduction of $152.9 million in Paycheck Protection Program ("PPP") loans Total deposits of $11.31 billion, down $227.3 million Allowance for credit losses ("ACL") of $246.0 million, down from $270.3 million, and a ratio of ACL to total lo

First Interstate BancSystem, Inc. (NASDAQ:FIBK) today reported financial results for the first quarter of 2021. For the quarter, the Company reported net income of $51.4 million, or $0.83 per share, which compares to net income of $46.9 million, or $0.76 per share, for the fourth quarter of 2020, and $29.3 million, or $0.45 per share, for the first quarter of 2020. HIGHLIGHTS Total deposits increased $877.0 million, or 6.2%, to $15,094.0 million as of March 31, 2021 from $14,217.0 million as of December 31, 2020, resulting in a 25.1% annualized growth rate. Total assets increased $794.7 million, or 4.5%, to $18,443.4 million as of March 31, 2021 from $17,648.7 million as of December 31

BILLINGS, Mont.--(BUSINESS WIRE)--First Interstate BancSystem, Inc. (NASDAQ: FIBK) today reported financial results for the fourth quarter of 2020. For the quarter, the Company reported net income of $46.9 million, or $0.76 per share, which compares to net income of $48.3 million, or $0.76 per share, for the third quarter of 2020, and $52.4 million, or $0.80 per share, for the fourth quarter of 2019. The fourth quarter of 2019 included acquisition costs of $0.7 million related to the acquisitions of Idaho Independent Bank (“IIBK”) and Community 1st Bank (“CMYF”), both of which were acquired on April 8, 2019. The acquisition costs negatively impacted earnings by $0.01 per share in t