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Stock impact report

First Mid Bancshares, Inc. Announces First Quarter 2020 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., April 30, 2020 (GLOBE NEWSWIRE) -- First Mid Bancshares, Inc. (NASDAQ: FMBH) (the “Company”) today announced its financial results for the quarter ended March 31, 2020. Highlights Net income of $10.0 million, or $0.60 diluted EPS, included a ($0.19) per share impact from a reserve build1Strengthened balance sheet with increase of already strong capital and liquidity positionsLoans grew $49.0 million, or 1.8% during the quarterSignificant steps taken in supporting customers, communities and employees through this unprecedented timeApproved $235 million in loans under the Paycheck Protection Program through April 16, 2020On April 21st, the Company acquired five lenders and their portfolio of relationships in the strategic St. Louis metro market “While the challenges created from the COVID-19 pandemic are unprecedented, I am confident in First Mid’s position given our strong capital levels and significant liquidity,” said Joe Dively, Chairman and Chief Executive Offic Show less Read more
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