First Mid Bancshares, Inc. (FMBH) Reports In-Line Q2 EPS

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First Mid Bancshares, Inc. Announces Second Quarter 2022 Results

July 28, 2022 8:00 AM EDT

MATTOON, Ill., July 28, 2022 (GLOBE NEWSWIRE) -- First Mid Bancshares, Inc. (NASDAQ: FMBH) (the Company) today announced its financial results for the quarter ended June 30, 2022.

Highlights

Net income of $17.8 million, or $0.86 diluted EPSAdjusted net income (non-GAAP) of $18.5 million, or $0.90 diluted EPSStrong loan growth of $194.1 million, or 4.4% for the quarterSuccessful completion of bank merger and system conversion with Jefferson Bank and Trust (Jefferson)Board of Directors increases quarterly dividend by $0.01, or 4.5% to $0.23 per share

Our second quarter was highlighted by our successful system... More