Welcome to our dedicated page for First Mid Bancshares news (Ticker: FMBH), a resource for investors and traders seeking the latest updates and insights on First Mid Bancshares stock.
First Mid Bancshares Inc. (FMBH) provides essential financial services through community banking, wealth management, and insurance solutions across Midwestern markets. This news hub offers investors and stakeholders centralized access to official company developments.
Track critical updates including quarterly earnings reports, strategic acquisitions, leadership announcements, and regulatory filings. Our curated collection ensures timely access to press releases about new banking products, wealth management initiatives, and community partnership programs.
Regularly updated content helps users monitor financial performance indicators and operational milestones. Discover announcements about digital banking enhancements, agricultural lending programs, and trust service expansions that demonstrate FMBH's commitment to regional economic growth.
Bookmark this page for streamlined tracking of First Mid Bancshares' progress in maintaining asset quality, expanding service networks, and delivering shareholder value through diversified financial solutions.
First Mid Bancshares reported record-breaking Q1 2025 results with net income reaching $22.2 million, or $0.93 per diluted share. The company's adjusted net income stood at $23.1 million ($0.96 per diluted share). Key highlights include:
The bank's net interest margin expanded to 3.60%, marking the fourth consecutive quarter of growth. Total loans increased to $5.70 billion, up 3.6% year-over-year, while deposits grew to $6.13 billion, representing a 1.2% increase from the previous quarter.
Asset quality remained strong with the allowance for credit losses at $70.1 million and a ratio of 1.23% to total loans. The Board declared a quarterly dividend of $0.24 per share. The company successfully completed its retail online system conversion, enhancing customer experience and platform capabilities for cross-business growth.
First Mid Bancshares (NASDAQ: FMBH) has scheduled the release of its first quarter 2025 financial results for Wednesday, April 30, 2025, after market close. The company will accompany its earnings announcement with an investor presentation, which will be accessible through the investor relations section of their website.
First Mid Bancshares (NASDAQ: FMBH) reported Q4 2024 financial results with net income of $19.2 million, or $0.80 diluted EPS. Adjusted net income reached $20.9 million ($0.87 diluted EPS). The quarter showed positive momentum with net interest income increasing by $1.4 million (2.4%) compared to Q3 2024.
Key highlights include a 6 basis points margin expansion, with net interest margin at 3.41%. Total loans ended at $5.67 billion, up $57.9 million (1.0%) from previous quarter. Wealth management and insurance revenues showed strong performance with a combined increase of over 11% in the quarter.
The company maintained strong asset quality with an allowance for credit losses ratio of 1.24%. The Board declared a regular quarterly dividend of $0.24 per share. Total deposits ended at $6.06 billion, showing a slight decrease of $31.7 million (0.52%) from the prior quarter.
First Mid Bancshares (NASDAQ: FMBH) reported Q3 2024 financial results with net income of $19.5 million, or $0.81 diluted EPS. The company achieved 1% loan growth and 16.6% year-over-year growth in wealth management and insurance combined. Net interest income increased by $0.8 million (1.4%) compared to Q2 2024, while total loans ended at $5.62 billion. The company maintained strong asset quality with an allowance for credit losses ratio of 1.22%. The Board declared a quarterly dividend of $0.24 per share. Total deposits ended at $6.09 billion, and the company reduced FHLB advances by $25.0 million.
First Mid Bancshares, Inc. (NASDAQ: FMBH) reported strong Q2 2024 financial results with net income of $19.7 million, or $0.82 diluted EPS. Adjusted net income was $20.1 million, or $0.84 diluted EPS. The company saw margin expansion and loan growth, driving a $1.3 million increase in net interest income. Key highlights include:
- Announced acquisition of Mid Rivers Insurance Group, expanding Missouri presence
- Board increased quarterly dividend to $0.24 per share
- Net interest margin improved to 3.36%
- Total loans increased by $61.3 million to $5.56 billion
- Strong asset quality with non-performing loans ratio at 0.34%
- Capital levels remained strong, with total capital to risk-weighted assets at 15.46%
FAQ
What is the current stock price of First Mid Bancshares (FMBH)?
What is the market cap of First Mid Bancshares (FMBH)?
