First Mid Bancshares, Inc. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
July 27, 2023 at 12:00 pm
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First Mid Bancshares, Inc. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported net interest income was USD 42.37 million compared to USD 46.83 million a year ago. Net income was USD 16.57 million compared to USD 17.76 million a year ago. Basic earnings per share from continuing operations was USD 0.81 compared to USD 0.87 a year ago. Diluted earnings per share from continuing operations was USD 0.8 compared to USD 0.86 a year ago.
For the six months, net interest income was USD 85.56 million compared to USD 90.35 million a year ago. Net income was USD 35.75 million compared to USD 34.37 million a year ago. Basic earnings per share from continuing operations was USD 1.74 compared to USD 1.73 a year ago. Diluted earnings per share from continuing operations was USD 1.74 compared to USD 1.72 a year ago.
First Mid Bancshares, Inc. is a financial holding company. The Company is the parent company of First Mid Bank & Trust, N.A. (First Mid Bank)., Blackhawk Bank, First Mid Insurance Group, Inc. (First Mid Insurance) and First Mid Wealth Management Company. It is engaged in the business of banking through its wholly owned subsidiary, First Mid Bank. The Company offers insurance products and services to customers through its wholly owned subsidiary, First Mid Insurance. The Company offers trust, farm services, investment services, and retirement planning through its wholly owned subsidiary, First Mid Wealth Management Company. First Mid provides a range of financial services, including banking, wealth management, brokerage, Ag services, and insurance through a network of locations throughout Illinois, Missouri, Texas, and Wisconsin and in Indianapolis area. First Mid Wealth Management Company offers services, such as retirement planning, financial planning, and investment services.