First Mid Bancshares, Inc. Reports Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2022
January 26, 2023 at 05:32 pm IST
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First Mid Bancshares, Inc. reported earnings results for the fourth quarter and full year ended December 31, 2022. For the fourth quarter, the company reported net interest income was USD 45.67 million compared to USD 42.74 million a year ago. Net income was USD 20.64 million compared to USD 16.83 million a year ago. Basic earnings per share from continuing operations was USD 1.01 compared to USD 0.93 a year ago. Diluted earnings per share from continuing operations was USD 1.01 compared to USD 0.93 a year ago.
For the full year, net interest income was USD 184.28 million compared to USD 167.75 million a year ago. Net income was USD 72.95 million compared to USD 51.49 million a year ago. Basic earnings per share from continuing operations was USD 3.62 compared to USD 2.88 a year ago. Diluted earnings per share from continuing operations was USD 3.6 compared to USD 2.87 a year ago.
First Mid Bancshares, Inc. is a financial holding company. The Company is the parent company of First Mid Bank & Trust, N.A. (First Mid Bank)., Blackhawk Bank, First Mid Insurance Group, Inc. (First Mid Insurance) and First Mid Wealth Management Company. It is engaged in the business of banking through its wholly owned subsidiary, First Mid Bank. The Company offers insurance products and services to customers through its wholly owned subsidiary, First Mid Insurance. The Company offers trust, farm services, investment services, and retirement planning through its wholly owned subsidiary, First Mid Wealth Management Company. First Mid provides a range of financial services, including banking, wealth management, brokerage, Ag services, and insurance through a network of locations throughout Illinois, Missouri, Texas, and Wisconsin and in Indianapolis area. First Mid Wealth Management Company offers services, such as retirement planning, financial planning, and investment services.
FIRST MID BANCSHARES, INC. 
