earnings
confidence high
sentiment positive
materiality 0.75
First Mid Bancshares Q3 net income $17.9M, diluted EPS $0.88; adjusted EPS $0.90
FIRST MID BANCSHARES, INC.
2022-Q3 EPS reported
$2.60
- Net income of $17.9M ($0.88 diluted EPS); adjusted net income $18.5M ($0.90 adjusted EPS).
- Total loans grew $71.6M to $4.72B; asset quality strong with special mention/substandard loans down $11.3M.
- Quarterly dividend of $0.23 declared, payable Dec 1, 2022 to holders of record Nov 17, 2022.
- Net interest income increased $1.4M vs Q2; net interest margin (tax-equivalent) 3.21%.
- Noninterest income of $16.8M; wealth management and insurance drove 10.6% YoY combined growth.