First Mid Bancshares: Q4 Earnings Snapshot
MATTOON, Ill. (AP) — MATTOON, Ill. (AP) — First Mid Bancshares, Inc. (FMBH) on Thursday reported fourth-quarter net income of $19.2 million.
The Mattoon, Illinois-based bank said it had earnings of 80 cents per share. Earnings, adjusted for non-recurring costs, came to 87 cents per share.
The results topped Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 82 cents per share.
The bank holding company posted revenue of $116.2 million in the period. Its revenue net of interest expense was $85.3 million, also surpassing Street forecasts.
For the year, the company reported profit of $78.9 million, or $3.30 per share. Revenue was reported as $325 million.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on FMBH at https://www.zacks.com/ap/FMBH
