earnings
confidence high
sentiment neutral
materiality 0.60
First Mid Q4 2024 adjusted EPS $0.87; NIM expands 6 bps; dividend $0.24
FIRST MID BANCSHARES, INC.
2024-FY EPS reported
$3.30
- Net income $19.2M ($0.80 diluted EPS); adjusted net income $20.9M ($0.87 diluted EPS).
- Loan growth $57.9M to $5.67B; net interest margin up 6 bps to 3.41%.
- Wealth management and insurance combined revenues up 11% vs prior quarter; Ag Services record farmland sales.
- Non-performing loans increased $11.6M to $29.8M tied to single organic farming borrower; provision $3.6M; net charge-offs $2.2M.
- Board declares $0.24 quarterly dividend payable Feb 28, 2025 to shareholders of record Feb 13, 2025.