First Mid Bancshares, Inc. Announces Second Quarter 2026 Results

MATTOON, Ill., July 23, 2026 (GLOBE NEWSWIRE) -- First Mid Bancshares, Inc. (NASDAQ: FMBH) (the “Company”) today announced its financial results for the quarter ended June 30, 2026.

Highlights * Net income of $27.8 million, or $1.04 diluted EPS * Adjusted quarterly net income(*) of $33.4 million, or $1.26 diluted EPS * Successfully completed the bank merger of Two Rivers Bank & Trust (“Two Rivers”) into First Mid Bank & Trust (“First Mid”) * Total loans of $6.93 billion, quarterly decrease of $9.9 million * Total deposits of $7.57 billion, quarterly increase of $23.9 million * Tangible book value per share(*) increased 3.7% during the quarter to $31.15 * Net interest margin, tax equivalent(*) expanded to 3.79%, quarterly increase of 1 basis point * Quarterly adjusted return on average assets(*) of 1.45% * Repurchased 21,872 shares and the Board of Directors declared a $0.01 increase in the quarterly dividend to $0.26 per share “First Mid delivered strong results for the period, highlighted by a record high quarter of earnings and a successful integration with Two Rivers. Despite the nonrecurring expenses tied to the integration, we grew our tangible book value at a solid pace and continued to deploy capital to build long-term shareholder value through opportunistic share repurchases, increasing our dividend, and paying off higher cost subordinated debt. The employees and customers of Two Rivers have embraced us like no other and I am really excited about our future,” said Matthew Smith, Chief Executive Officer.