First Mid Bancshares: Q2 Earnings Snapshot

MATTOON, Ill. (AP) — MATTOON, Ill. (AP) — First Mid Bancshares, Inc. (FMBH) on Thursday reported second-quarter earnings of $27.8 million.

The Mattoon, Illinois-based bank said it had earnings of $1.04 per share. Earnings, adjusted for non-recurring costs, came to $1.26 per share.

The results surpassed Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of $1.12 per share.

The bank holding company posted revenue of $143.7 million in the period. Its revenue net of interest expense was $108.5 million, also topping Street forecasts.

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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