earnings
confidence high
sentiment positive
materiality 0.60
First Mid reports Q3 net income $19.5M ($0.81 EPS); TBV up 6.6%
FIRST MID BANCSHARES, INC.
2024-Q3 EPS reported
$2.49
- Adjusted EPS $0.83; revenue net interest income up 1.4% QoQ and 14.1% YoY.
- Loans grew 1% to $5.62B; deposits decreased $26.9M after $55M brokered CDs matured.
- Noninterest income $23M; wealth management and insurance combined up 16.6% YoY.
- Board declares $0.24 quarterly dividend payable Nov 29 (unchanged).
- Asset quality stable: NPL/loans 0.32%, ACL 1.22%.