M&A
confidence high
sentiment positive
materiality 0.60
First Mid Bancshares receives Iowa Banking approval for Two Rivers merger; expects Q1 2026 close
FIRST MID BANCSHARES, INC.
- Iowa Division of Banking approved the merger on Dec 23, 2025.
- Still waiting for approval from the Board of Governors of the Federal Reserve System.
- Closing anticipated in Q1 2026 subject to remaining regulatory and customary conditions.
- Merger agreement announced Oct 29, 2025; First Mid to acquire 100% of Two Rivers shares.