FILING ANALYSIS · THURSDAY, OCTOBER 29

FIRST MID BANCSHARES, INC. FMBH — 8-K: Results of Operations and Financial Condition

neutral

First Mid Bancshares reported record high quarterly earnings with net income of $33.3 million and announced a pending acquisition of Evergreen Bancshares, but loan growth was pressured due to higher payoff activity. The company also completed the sale of investment securities for a loss, which will provide $175.8 million in cash to be reinvested at higher rates.

The filing

8-K - FIRST MID BANCSHARES, INC. (0000700565) (Filer)

Read the filing on SEC EDGAR →

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