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First Mid Bancshares, Inc. - $FMBH STOCK NEWS

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.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect First Mid Bancshares's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

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Rhea-AI Summary
First Mid Bancshares, Inc. reported strong financial results for the first quarter of 2024, with net income of $20.5 million and adjusted net income of $22.3 million. The company maintained strong asset quality, declared a quarterly dividend of $0.23 per share, and was recognized as a Top Workplace by USA Today. Despite a decrease in net interest income, the addition of Blackhawk positively impacted the overall performance. The loan portfolio decreased slightly, but asset quality metrics remained robust. Noninterest income reached a record high, driven by insurance revenues. The company's capital levels remained healthy, and a dividend of $0.23 per share was declared.
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End-of-Day
-1.2%
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Rhea-AI Summary
First Mid Bancshares, Inc. (FMBH) reported strong financial results for Q4 2023 with net income of $18.1 million and adjusted net income of $22.4 million. The company completed the merger of Blackhawk Bank, sold additional bonds to reposition its balance sheet, and declared a regular quarterly dividend of $0.23 per share. Net interest income increased by $7.0 million, and the net interest margin was 3.33% for Q4 2023. Total loans increased to $5.58 billion, and asset quality remained strong. Noninterest income represented 31% of total net revenues, and noninterest expenses totaled $57.0 million. Capital levels remained strong, and the company approved a regular quarterly dividend of $0.23 per share.
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End-of-Day
1.11%
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Rhea-AI Summary
First Mid Bancshares, Inc. announces Q3 2023 financial results, with net income of $15.1 million. Completed acquisition of Blackhawk Bancorp, Inc. Increased liquidity position and lowered loan to deposit ratio. Net interest margin improved to 3.06%. Bank merger and system conversion with Blackhawk scheduled for December.
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3.56%
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5.9%
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1.88%
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First Mid Bancshares, Inc.

Nasdaq:FMBH

FMBH Rankings

FMBH Stock Data

771.37M
20.10M
16.46%
40.93%
0.84%
Commercial Banking
Finance and Insurance
Link
United States of America
MATTOON

About FMBH

first mid-illinois bank & trust makes life easier with a variety of personal and business banking products. located in 37 communities across illinois and missouri, first mid has the right services and right fit for you. from checking accounts that give you cost-saving benefits to competitive loan rates for mortgages, home equities, small businesses, agriculture and more, first mid offers financial security for every stage of life. you'll also find convenient account access through online and mobile banking options. save, borrow, invest, protect and manage your finances with first mid. look for first mid in a community near you: altamont, arcola, bartonville, carbondale, carmi, carterville, champaign, charleston, de soto, decatur, edwardsville, effingham, galesburg, harrisburg, highland, knoxville, lawrenceville, mahomet, mansfield, marion, maryville, mattoon, monticello, mt. carmel, mt. vernon, murphysboro, neoga, peoria, quincy, sullivan, swansea, taylorville, tuscola, urbana, weldon