First Mid Q1 net income $20.5M ($0.86 EPS); insurance drives record noninterest income

FIRST MID BANCSHARES, INC.

2024-Q1 EPS reported $0.86

Net income $20.5M, diluted EPS $0.86; adjusted net income $22.3M, adjusted EPS $0.93.
Net interest income fell 3.5% QoQ to $2.0M decline; NIM tax-equivalent 3.25%.
Record noninterest income of $24.5M led by insurance revenue up $3.8M QoQ.
Nonperforming loans to total loans 0.36%; ACL to loans 1.24%; net charge-offs $0.4M.
Dividend $0.23 payable May 31, 2024 to holders of record May 15; tangible book value $22.49.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.7

FIRST MID BANCSHARES, INC. reported financial results for the quarter ended March 31, 2024.

Period: the quarter ended March 31, 2024
Result: reported results

Exact text from the filing

On April 24, 2024, the Company issued a press release to report its results of operations and financial condition as of and for the quarter ended March 31, 2024.

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1436 earnings releases filed in the last 30 days. Browse all earnings releases →

FIRST MID BANCSHARES, INC. filing history →

Source: SEC EDGAR

accession 0001171843-24-002181

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