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Stock impact report

First Mid Bancshares, Inc. Announces Fourth Quarter 2023 Results

First Mid Bancshares, Inc. (FMBH) 
Last first mid bancshares, inc. earnings: 4/30 08:00 am Check Earnings Report
US:NASDAQ Investor Relations: firstmid.com/investor-relations
Company Research Source: GlobeNewswire
MATTOON, Ill., Jan. 25, 2024 (GLOBE NEWSWIRE) -- First Mid Bancshares, Inc. (NASDAQ: FMBH) (the “Company”) today announced its financial results for the quarter and year ended December 31, 2023. Highlights Net income of $18.1 million, or $0.76 diluted EPSAdjusted net income (non-GAAP) of $22.4 million, or $0.94 diluted EPSCompleted the merger and integration of Blackhawk Bank (“Blackhawk”)Sold additional bonds to reposition balance sheet helping drive a strong net interest margin of 3.33%Strong asset quality performance continued with minimal net charge offs for the quarterBoard of Directors declares regular quarterly dividend of $0.23 per share “We capped off 2023 with a strong quarter of financial results,” said Joe Dively, Chairman and Chief Executive Officer. “This was the first full quarter inclusive of Blackhawk and the value of the transaction is evident in our results. We completed another step in the Blackhawk related balance sheet repositioning b Show less Read more
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