MATTOON, Ill. (AP) — MATTOON, Ill. (AP) — First Mid Bancshares, Inc. (FMBH) on Thursday reported second-quarter net income of $19.7 million.
The Mattoon, Illinois-based bank said it had earnings of 82 cents per share. Earnings, adjusted for non-recurring costs, came to 84 cents per share.
The results surpassed Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 79 cents per share.
The bank holding company posted revenue of $111.1 million in the period. Its revenue net of interest expense was $79.2 million, which also topped Street forecasts.
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