First Mid Bancshares Q4 2022 Earnings Report

First Mid Bancshares EPS Results

• Actual EPS: $1.01
• Consensus EPS: $0.95
• Beat/Miss: Beat by +$0.06
• One Year Ago EPS: N/A

First Mid Bancshares Revenue Results

• Actual Revenue: $63.88 million
• Expected Revenue: $67.97 million
• Beat/Miss: Missed by -$4.09 million
• YoY Revenue Growth: N/A

First Mid Bancshares Announcement Details

• Quarter: Q4 2022
• Date: 1/26/2023
• Time: N/A

First Mid Bancshares (NASDAQ:FMBH), a financial holding company, provides community banking products and services to commercial, retail, and agricultural customers in the United States. It accepts various deposit products, such as demand deposits, savings accounts, money market deposits, and time deposits. The company's loan products include commercial real estate, commercial and industrial, agricultural and agricultural real estate, residential real estate, and consumer loans, as well as construction and land development, 1-4 family residential properties, and multifamily residential properties loans; and other loans comprising loans to municipalities to support community projects, such as infrastructure improvements or equipment purchases. It also offers wealth management services, which include estate planning, investment, and farm management and brokerage services for individuals; employee benefit services for businesses; and farm management and brokerage services. In addition, the company provides property and casualty, senior insurance products, and group medical insurance for businesses; and personal lines insurance to individuals. The company was formerly known as First Mid-Illinois Bancshares, Inc. and changed its name to First Mid Bancshares, Inc. in April 2019. First Mid Bancshares, Inc. was founded in 1865 and is headquartered in Mattoon, Illinois.