First Mid Bancshares Reports Record Q2 2025 Net Income of $23.4M, EPS Up to $0.98

Reuters
2025/07/24
First Mid Bancshares Reports Record <a href="https://laohu8.com/S/QTWO">Q2</a> 2025 Net Income of $23.4M, EPS Up to $0.98

First Mid Bancshares, Inc. has announced its financial results for the second quarter of 2025, reporting a record high quarterly net income of $23.4 million, or $0.98 diluted earnings per share $(EPS)$. This marks a quarterly increase of $0.05 per share. The adjusted quarterly net income was reported at $23.7 million, or $0.99 diluted EPS. The company experienced an expansion in its net interest margin to 3.72%, a quarterly increase of 12 basis points, contributing to the fifth consecutive quarter of growth in net interest income, which rose to $63.9 million, a 7.5% increase from the previous quarter. Total loans increased by $68.1 million, or 1.20%, to $5.77 billion, while total deposits rose by $59.8 million, or 0.98%, to $6.19 billion. The tangible book value per share saw a 4.3% increase during the quarter. The company also declared a $0.01 increase in the quarterly dividend, bringing it to $0.25 per share. CEO Joe Dively highlighted the company's strategic approach to driving a higher return on assets and noted the investments in technology platforms intended to support future growth. Despite fluctuations in the macro-economic environment, the company maintains a focus on disciplined credit culture and strategic execution.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. First Mid Bancshares Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001171843-25-004662), on July 24, 2025, and is solely responsible for the information contained therein.

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