earnings
confidence high
sentiment positive
materiality 0.80
First Mid reports Q1 net income $26.3M ($1.06 EPS); closes Two Rivers acquisition, adds $871M loans
FIRST MID BANCSHARES, INC.
2026-Q1 EPS reported
$1.06
- Net income $26.3M ($1.06 diluted EPS); adjusted net income $28.4M ($1.14 adjusted EPS).
- Closed Two Rivers acquisition on Feb 28, adding $871.4M loans and $1.04B deposits.
- Total loans $6.94B, deposits $7.55B; tangible book value $30.04 per share (+2.1%).
- Net interest margin (tax-equivalent) expanded to 3.78%, up 5 bps QoQ.
- Board declares $0.25 quarterly dividend, payable June 1 to holders of record May 15.