First Mid(FMBH)

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First Mid Bank & Trust Chooses Jack Henry to Power Growth
Prnewswire· 2025-07-07 13:00
Scalable, data-centric platform will support nearly $8 billion-asset bank's expansion and drive operational efficiencyMONETT, Mo., July 7, 2025 /PRNewswire/ -- Jack Henry™ (Nasdaq: JKHY) announced today that First Mid Bank & Trust (First Mid) has selected Jack Henry to modernize its technology infrastructure, strengthen its operational efficiency, and support its continued growth across the Midwest.Founded in 1865 and with nearly $8 billion in assets, First Mid has grown from a rural Illinois bank into a fu ...
First Mid Bancshares (FMBH) Could Be a Great Choice
ZACKS· 2025-06-09 16:50
Whether it's through stocks, bonds, ETFs, or other types of securities, all investors love seeing their portfolios score big returns. However, when you're an income investor, your primary focus is generating consistent cash flow from each of your liquid investments.Cash flow can come from bond interest, interest from other types of investments, and of course, dividends. A dividend is the distribution of a company's earnings paid out to shareholders; it's often viewed by its dividend yield, a metric that mea ...
First Mid(FMBH) - 2025 Q1 - Quarterly Report
2025-05-09 13:52
UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2025 Or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _______________to _______________. Commission file number 001-36434 FIRST MID BANCSHARES, INC. (Exact name of Registrant as specified in its charter) Delaware 37-1103704 ...
First Mid Bancshares (FMBH) Reports Q1 Earnings: What Key Metrics Have to Say
ZACKS· 2025-05-01 00:35
For the quarter ended March 2025, First Mid Bancshares (FMBH) reported revenue of $84.27 million, up 5.4% over the same period last year. EPS came in at $0.96, compared to $0.93 in the year-ago quarter.The reported revenue represents a surprise of -0.50% over the Zacks Consensus Estimate of $84.7 million. With the consensus EPS estimate being $0.94, the EPS surprise was +2.13%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Str ...
First Mid Bancshares (FMBH) Beats Q1 Earnings Estimates
ZACKS· 2025-04-30 23:30
First Mid Bancshares (FMBH) came out with quarterly earnings of $0.96 per share, beating the Zacks Consensus Estimate of $0.94 per share. This compares to earnings of $0.93 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 2.13%. A quarter ago, it was expected that this bank holding company would post earnings of $0.82 per share when it actually produced earnings of $0.87, delivering a surprise of 6.10%.Over the last four quarte ...
First Mid(FMBH) - 2025 Q1 - Quarterly Results
2025-04-30 20:30
EXHIBIT 99.1 First Mid Bancshares, Inc. Announces First Quarter 2025 Results MATTOON, Ill., April 30, 2025 (GLOBE NEWSWIRE) -- First Mid Bancshares, Inc. (NASDAQ: FMBH) (the "Company") today announced its financial results for the quarter ended March 31, 2025. Highlights "We kicked off 2025 with a record high quarterly net income that reflects our strategic focus on driving a higher return on assets," said Joe Dively, Chairman and Chief Executive Officer. "We delivered growth in both loans and deposits in w ...
First Mid Bancshares, Inc. Announces First Quarter 2025 Results
Globenewswire· 2025-04-30 20:30
Core Viewpoint - First Mid Bancshares, Inc. reported record high quarterly net income of $22.2 million for Q1 2025, reflecting a strategic focus on enhancing return on assets and expanding net interest margin [3][10]. Financial Performance - Net interest income increased by $0.5 million, or 0.8%, compared to Q4 2024, primarily due to a faster decline in interest expense than interest income [4]. - Year-over-year, net interest income rose by $3.9 million, or 7.1%, with interest expense decreasing by $4.1 million compared to Q1 2024 [5]. - The net interest margin was 3.60% for Q1 2025, up 19 basis points from the previous quarter, driven by higher earning asset yields and lower funding costs [6]. Loan Portfolio - Total loans reached $5.70 billion, an increase of $26.4 million, or 0.5%, from the prior quarter, with notable growth in construction, land development, and agriculture loans [8]. - Compared to Q1 2024, loan growth was $199.6 million, or 3.6%, with significant increases in construction and development loans [9]. Asset Quality - The allowance for credit losses (ACL) was $70.1 million, with an ACL to total loans ratio of 1.23% and a non-performing loans ratio of 0.47% [11]. - Non-performing loans decreased by $3.2 million to $26.6 million, while special mention loans increased by $16.2 million to $74.0 million [11]. Deposits - Total deposits increased by $73.3 million, or 1.2%, to $6.13 billion, driven by growth in noninterest-bearing and time deposits [12]. - The company retained a majority of customers with maturing CDs and attracted new customers through promotional offerings [12]. Noninterest Income and Expenses - Noninterest income for Q1 2025 was $24.9 million, down from $26.4 million in Q4 2024, primarily due to a prior quarter gain on property sale [13]. - Noninterest expenses totaled $54.5 million, a decrease from $56.3 million in the prior quarter, with reductions in salaries and benefits [15]. Capital Levels and Dividend - Capital levels remained strong, with total capital to risk-weighted assets at 15.59% and a tangible book value per share increase of 4.4% during the quarter [17][18]. - The Board of Directors declared a regular quarterly dividend of $0.24 per share, payable on May 30, 2025 [19].
Strength Seen in First Mid Bancshares (FMBH): Can Its 6.1% Jump Turn into More Strength?
ZACKS· 2025-04-10 15:35
First Mid Bancshares (FMBH) shares ended the last trading session 6.1% higher at $32.89. The jump came on an impressive volume with a higher-than-average number of shares changing hands in the session. This compares to the stock's 11.4% loss over the past four weeks.First Mid Bancshares shares rallied sharply, benefiting from broad market strength following President Donald Trump’s announcement of a 90-day suspension on tariffs for non-retaliating countries. The policy shift eased trade tensions and improve ...
Why First Mid Bancshares (FMBH) is a Top Dividend Stock for Your Portfolio
ZACKS· 2025-04-04 16:50
Whether it's through stocks, bonds, ETFs, or other types of securities, all investors love seeing their portfolios score big returns. But for income investors, generating consistent cash flow from each of your liquid investments is your primary focus.Cash flow can come from bond interest, interest from other types of investments, and of course, dividends. A dividend is the distribution of a company's earnings paid out to shareholders; it's often viewed by its dividend yield, a metric that measures a dividen ...
First Mid Bancshares, Inc. to Announce First Quarter 2025 Results on April 30
Globenewswire· 2025-04-02 13:00
MATTOON, Ill., April 02, 2025 (GLOBE NEWSWIRE) -- First Mid Bancshares, Inc. (NASDAQ: FMBH) (the “Company”) announced today that it intends to issue its first quarter 2025 financial results after market close on Wednesday, April 30, 2025. Along with the press release announcing the financial results, the Company will publish an investor presentation and make it available via the investor relations section of its website. About First Mid: First Mid Bancshares, Inc. (“First Mid”) is the parent company of Firs ...