First Mid Bancshares, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
October 26, 2023 at 12:00 pm
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First Mid Bancshares, Inc. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported net interest income was USD 50.44 million compared to USD 48.26 million a year ago. Net income was USD 15.12 million compared to USD 17.94 million a year ago. Basic earnings per share from continuing operations was USD 0.68 compared to USD 0.88 a year ago. Diluted earnings per share from continuing operations was USD 0.68 compared to USD 0.88 a year ago.
For the nine months, net interest income was USD 136 million compared to USD 138.61 million a year ago. Net income was USD 50.86 million compared to USD 52.31 million a year ago. Basic earnings per share from continuing operations was USD 2.41 compared to USD 2.61 a year ago. Diluted earnings per share from continuing operations was USD 2.4 compared to USD 2.6 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.