First Interstate BancSystem, Inc. Announces Dividend

First Interstate BancSystem, Inc.’s (NASDAQ: FIBK) Board of Directors,
at a meeting held on August 1, 2018, declared a dividend of $0.28 per
common share. The dividend is payable on August 21, 2018 to owners of
record as of August 10, 2018. The dividend equates to a 2.67% annualized
yield based on the $42.00 per share average closing price of the
Company’s common stock as reported on Nasdaq during the second quarter
of 2018.

About First Interstate BancSystem, Inc.

First Interstate BancSystem, Inc. is a financial and bank holding
company incorporated in 1971 and headquartered in Billings, Montana. The
Company operates banking offices, including detached drive-up
facilities, in communities across Idaho, Montana, Oregon, South Dakota,
Washington, and Wyoming. Through First Interstate Bank, the Company
delivers a comprehensive range of banking products and services to
individuals, businesses, municipalities, and other entities throughout
the Company’s market areas.

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