First Mid Bancshares' Q2 adjusted EPS beats estimates

Reuters
Jul 24
First Mid Bancshares' <a href="https://laohu8.com/S/QTWO">Q2</a> adjusted EPS beats estimates

Overview

  • First Mid Bancshares Q2 adjusted EPS beats analyst expectations, per LSEG data

  • Company reports record high net income for Q2 2025

  • Board increases quarterly dividend to $0.25 per share

Outlook

  • Company focuses on disciplined credit culture amid fluctuating macroeconomic environment

  • First Mid invests in technology platforms for future growth

  • Company does not provide specific financial guidance for upcoming periods

Result Drivers

  • NET INTEREST INCOME - Driven by higher yields on earning assets while maintaining funding costs, resulting in a 7.5% increase from Q1 2025

  • LOAN GROWTH - Total loans increased by $68.1 mln, with significant contributions from construction, land development, and agriculture operating lines

  • DEPOSIT GROWTH - Deposits rose by $59.8 mln, primarily from interest-bearing demand deposits, money market accounts, and time deposits

Key Details

Metric

Beat/Miss

Actual

Consensus Estimate

Q2 Revenue

Miss

$5.39 mln

$61.50 mln (7 Analysts)

Q2 Adjusted EPS

Beat

$0.99

$0.92 (7 Analysts)

Q2 EPS

$0.98

Q2 Adjusted Net Income

Beat

$23.70 mln

$22.10 mln (7 Analysts)

Q2 Net Income

$23.44 mln

Q2 Net Interest Income

$63.86 mln

Q2 Dividend

$0.25

Q2 Pretax Profit

$30.13 mln

Press Release: ID:nGNXbyh3MQ

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10