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) 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 ...

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 ...

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 Record high quarterly net income of $22.2 million, or $0.93 diluted EPS, an increase of $0.13Adjusted net income (non-GAAP*) of $23.1 million, or $0.96 diluted EPS, an increase of $0.09 for the quarterNet interest margin tax equivalent (non-GAAP*) expands to 3.60% helping drive fourth consecutive quarter of growth i ...

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 ...

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 ...

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 ...

All investors love getting big returns from their portfolio, whether it's through stocks, bonds, ETFs, or other types of securities. 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 that coveted distribution of a company's earnings paid out to shareholders, and investors often view it by its dividend yield, ...

Financial Performance - Net income for 2024 was $78.9 million, with diluted earnings per share of $3.30, compared to $68.9 million and $3.15 in 2023, and $73.0 million and $3.60 in 2022[155]. - Total assets at December 31, 2024, were $7.52 billion, a decrease from $7.59 billion in 2023, and an increase from $6.74 billion in 2022[155]. - Net loan balances increased to $5.60 billion in 2024 from $5.51 billion in 2023, and $4.77 billion in 2022, primarily due to organic growth[155]. - Total deposit balances decreased to $6.06 billion in 2024 from $6.12 billion in 2023, but increased from $5.26 billion in 2022[156]. - Net interest income rose to $228.7 million in 2024, up from $193.5 million in 2023, and $184.3 million in 2022, largely due to the full-year impact of the Blackhawk Bank acquisition[158]. - Non-interest income increased to $96.3 million in 2024 from $86.8 million in 2023, and $74.7 million in 2022, attributed to the Blackhawk Bank acquisition and increased insurance commissions[159]. - Non-interest expenses increased to $215.0 million in 2024 from $185.7 million in 2023, and $162.9 million in 2022, mainly due to increased employees and locations from the Blackhawk Bank acquisition[160]. - The Company's Tier 1 capital ratio was 12.82% at December 31, 2024, up from 12.02% in 2023, reflecting strong capital position[162]. Loan and Asset Management - Total commercial real estate loans increased from $1.2 billion at December 31, 2020, to $2.4 billion at December 31, 2024, representing a 100% growth[31]. - The loan portfolio composition includes 42.6% in commercial real estate, 68.4% in loans secured by real estate, and 23.6% in commercial and industrial loans[203]. - Approximately $2.7 billion of loans have maturities over one year and are fixed rate, while $1.9 billion are variable rate loans[208]. - Loans sold into the secondary market amounted to $125.3 million in 2024, compared to $62.2 million in 2023[203]. - The balance of real estate loans held for sale was $6.6 million as of December 31, 2024, compared to $5.0 million in 2023[203]. - Average loans increased by $478.6 million or 9.4% in 2024 compared to 2023[187]. - Nonperforming loans were $29.8 million (0.53% of total loans) at December 31, 2024, which compares favorably with peer financial institutions[38]. Acquisitions and Growth - The Company acquired Blackhawk Bank on August 15, 2023, which was merged into First Mid Bank on December 1, 2023[12]. - The Company also acquired Mid Rivers Insurance Group, Inc. and Purdum, Gray, Ingledue, Beck, Inc. during the quarter ended September 30, 2024[12]. - The Blackhawk Merger closed on August 15, 2023, with First Mid acquiring Blackhawk Bancorp for a total consideration of 3,290,222 shares valued at $93.51 million and $1,928 in cash[45][46]. - The company reported a significant increase in loan balances of $754.4 million or 15.6% from December 31, 2022, primarily due to gross loans acquired from Blackhawk Bank[203]. Risk Management - The Company faces liquidity risk, which could impact its ability to meet financial obligations, including demands for loans and deposit withdrawals[113]. - The Company is exposed to operational risks, including potential cyber-attacks that could disrupt business and lead to financial losses[115]. - The Company is subject to Environmental, Social and Governance (ESG) risks that could negatively affect its reputation and market price of securities[125]. - Climate change presents multi-faceted risks, including operational, credit, and reputational risks, which could materially impact the Company's business and financial condition[127]. - The Company has established a cybersecurity risk management program that includes annual tabletop exercises and mandatory employee training[135]. - The Company's Board of Directors oversees risk management, including cybersecurity risks, through its Risk Oversight and Audit Committees[138]. - The Company has experienced cybersecurity incidents in the past, but they have not materially affected its business strategy or financial condition[137]. Community Engagement and Employee Welfare - In 2024, the Company's employees volunteered 22,321 hours to organizations in their communities, compared to 19,066 hours in 2023, marking an increase of 11.8%[28]. - The Company increased the starting rate of pay by an additional $0.50 per hour for the second consecutive year, positively impacting many entry-level employees[26]. - Over 41% of the Company's workforce contributed to its annual United Way campaign, raising $78,000, which was matched 100% by the Company, resulting in a total contribution of over $167,000[28]. - The number of full-time equivalent employees increased to 1,198 at December 31, 2024, from 1,187 at December 31, 2023[198]. Regulatory Compliance and Capital Ratios - As of December 31, 2024, the Company had a total risk-based capital ratio of 15.37%, a Tier 1 risk-based ratio of 12.82%, a common equity Tier 1 capital ratio of 12.42%, and a leverage ratio of 10.33%, all exceeding regulatory minimums[70]. - First Mid Bank's total risk-based capital ratio was 14.51%, exceeding the minimum regulatory requirement of 10.5%[80]. - The bank's Tier 1 risk-based ratio was 13.40%, well above the required minimum of 8.5%[80]. - The bank's leverage ratio stood at 10.82%, significantly higher than the minimum requirement of 4%[80]. - The bank's common equity Tier 1 ratio was 13.40%, surpassing the minimum requirement of 7%[80]. - The Company is subject to government regulation, which may require significant investment to maintain compliance and could impact operations[130]. Interest Income and Margin - The Company's net interest margin on a tax-effected basis increased to 3.34% as of December 31, 2024, up from 3.05% in December 31, 2023[39]. - Net interest margin (tax effected) improved to 3.34% in 2024 from 3.05% in 2023, and 3.13% in 2022, driven by repricing of earning assets[157]. - The net interest margin increased primarily due to higher interest-bearing liability costs being offset by the repricing of earning assets[186]. - The company reported a net interest spread of 2.83% for 2024, up from 2.62% in 2023[186]. - Total interest income increased by $57.2 million in 2024, with a significant contribution from loans[184].

All investors love getting big returns from their portfolio, whether it's through stocks, bonds, ETFs, or other types of securities. However, when you're an income investor, your primary focus is generating consistent cash flow from each of your liquid investments.While cash flow can come from bond interest or interest from other types of investments, income investors hone in on dividends. A dividend is the distribution of a company's earnings paid out to shareholders; it's often viewed by its dividend yiel ...