earnings
confidence high
sentiment positive
materiality 0.70
First Mid Q3 net income $22.5M ($0.94 EPS); announces Two Rivers Financial acquisition
FIRST MID BANCSHARES, INC.
2025-Q3 EPS reported
$2.84
- Adjusted net income $23.3M ($0.97 adjusted EPS); net interest margin expanded 8 bps to 3.80%.
- Total loans $5.82B (+1.0% QoQ); total deposits $6.29B (+1.6% QoQ).
- Tangible book value per share rose 6.0% to $28.21; quarterly dividend maintained at $0.25.
- Announced pending acquisition of Two Rivers Financial Group, entering Iowa market.
- Executed branch optimization (8 closures) and core system conversion; also acquiring Ray Farm Management.