---
schema_version: "secwatch.filing_event.v1"
accession: "0001171843-23-002584"
form_type: "8-K"
ticker: "FMBH"
cik: "0000700565"
company_name: "FIRST MID BANCSHARES, INC."
filed_at: "2023-04-26T23:59:59+00:00"
generated_at: "2026-06-16T14:16:11.669432+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# First Mid Q1 net income $19.2M ($0.93 EPS); record insurance revenue; announces Blackhawk merger

## Summary
- Net income $19.2M, diluted EPS $0.93; adjusted net income $19.7M, $0.96 EPS.
- Record insurance revenue drove noninterest income to $22.5M, up 6.6% YoY.
- Announced acquisition of Blackhawk Bancorp; expected to close in 2023.
- Efficiency initiative to deliver $2.2M annual cost savings; $0.5M severance in Q1.
- Board declared $0.23 quarterly dividend, payable June 1, 2023 to holders of record May 17.

## SEC filing metadata
- accession: 0001171843-23-002584
- form_type: 8-K
- ticker: FMBH
- cik: 0000700565
- company_name: FIRST MID BANCSHARES, INC.
- filed_at: 2023-04-26T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/700565/000117184323002584/0001171843-23-002584-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/700565/000117184323002584/f8k_042623.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001171843-23-002584
- JSON: https://secwatch.observer/filing/0001171843-23-002584.json
- Plain text: https://secwatch.observer/filing/0001171843-23-002584.txt

## Key facts
- Earnings Releases
  FIRST MID BANCSHARES, INC. reported the quarter ended March 31, 2023 results: net income $19.2 million, EPS $0.93 diluted EPS.
  - Period: the quarter ended March 31, 2023
  - Net income: $19.2 million
  - EPS: $0.93 diluted EPS
  - Result: reported results
  source text: First Mid Bancshares, Inc. (NASDAQ: FMBH) (the “Company”) today announced its financial results for the quarter ended March 31, 2023. Highlights Net income of $19.2 million, or $0.93 diluted EPS
  evidence_url: https://www.sec.gov/Archives/edgar/data/700565/000117184323002584/0001171843-23-002584-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.