Inferra AI / Company / FMBH

First Mid Bancshares, Inc.

FMBH · Financials

Last earnings Oct 29, 2026

Key results

Net incomequarter

$33.3 million

Highlights Net income of $33.3 million, or $1.25 diluted EPS Adjusted quarterly net income* of $33.6 million, or $1.26 diluted EPS Announced pending acquisition of Evergreen Bancshares, Inc.

SEC original ↗First Mid Bancshares, Inc. — Earnings release (8-K exhibit)EX-99Oct 29, 2026

EPSquarter

$1.25

Highlights Net income of $33.3 million, or $1.25 diluted EPS Adjusted quarterly net income* of $33.6 million, or $1.26 diluted EPS Announced pending acquisition of Evergreen Bancshares, Inc.

SEC original ↗First Mid Bancshares, Inc. — Earnings release (8-K exhibit)EX-99Oct 29, 2026

Revenuequarter

$7.4 million

Wealth management revenues for the quarter were $7.4 million.

SEC original ↗First Mid Bancshares, Inc. — Earnings release (8-K exhibit)EX-99Oct 29, 2026

Overall Ag Services revenuequarter

$2.0 million

Overall Ag Services revenue was $2.0 million in the period compared to $1.9 million in the prior quarter and $1.8 million in the third quarter of 2025.

SEC original ↗First Mid Bancshares, Inc. — Earnings release (8-K exhibit)EX-99Oct 29, 2026

Insurance commissions for the quarter were $7.5 million, which was $1.3 million lower than the second quarter due to seasonality of contingent revenues.

SEC original ↗First Mid Bancshares, Inc. — Earnings release (8-K exhibit)EX-99Oct 29, 2026

1.21% 1.30% 1.37% 1.45% 1.46% Q3 2025 Q4 2025 Q1 2026 Q2 2026 Q3 2026 Adjusted Return on Average Assets Record quarterly net income of $33.3 million, or $1.25 diluted EPS, compared with $27.8 million, or $1.04 diluted EPS, in the prior quarter.

SEC original ↗First Mid Bancshares, Inc. — Presentation / slide deck (8-K exhibit)EX-99Oct 29, 2026

Adjusted net incomequarter

$33.6 million

Adjusted net income of $33.6 million, or $1.26 adjusted EPS, compared with $33.4 million, or $1.26 per share, in Q2 2026 (1) .

SEC original ↗First Mid Bancshares, Inc. — Presentation / slide deck (8-K exhibit)EX-99Oct 29, 2026

Mortgage Banking revenuequarter

27%

14 First Mid Wealth Management 27% First Mid Insurance Group 33% Deposit Service Charges 13% Mortgage Banking Revenue 3% Debit Card Revenue 17% First Mid s diverse sources of revenue provide stability in both rising and declining rate environments Securities Gains, Net Other 6% Note: The chart above reflects the breakdown of total fee income for the last twelve months, through September 30, 2026.

SEC original ↗First Mid Bancshares, Inc. — Presentation / slide deck (8-K exhibit)EX-99Oct 29, 2026

Debit Card revenuequarter

17%

SEC original ↗First Mid Bancshares, Inc. — Presentation / slide deck (8-K exhibit)EX-99Oct 29, 2026

YTD revenueytd

$21.95 million

YTD revenue of $21.95 million representing an increase of $5.6 million compared to the same period in 2025.

SEC original ↗First Mid Bancshares, Inc. — Presentation / slide deck (8-K exhibit)EX-99Oct 29, 2026

YTD revenueQ3 2026

$5.6 million

YTD revenue of $21.95 million representing an increase of $5.6 million compared to the same period in 2025.

SEC original ↗First Mid Bancshares, Inc. — Presentation / slide deck (8-K exhibit)EX-99Oct 29, 2026

AI analysis

Q3 2026 · reported Oct 29, 2026

Based on: Earnings release + Q3 2026 deck + parent 8-K — transcript not held

Revenue · Q3 2026

$7.4M

EX-99 · Oct 29, 2026

EPS · Q3 2026

$1.25

EX-99 · Oct 29, 2026

Net income · Q3 2026

$33.3M

EX-99 · Oct 29, 2026

Overall Ag Services revenue · Q3 2026

$2.0M

+5.3% vs prior quarter computed from stated figures

EX-99 · Oct 29, 2026

The quarter in charts

Segment mix

Business-unit revenue, as stated

Segment revenue figures as stated in the event record.

Headline figures

Metric	Q3 2026	Prior qtr	Year ago
Net income	$33.3 million	$27.8 million	—
EPS	$1.25	$1.04	—
Revenue	$7.4 million	$8.2 million	—
Overall Ag Services revenue	$2.0 million	$1.9 million	—
Adjusted net income	$33.6 million	$27.8 million	—
Mortgage Banking revenue	27%	—	—
Debit Card revenue	17%	—	—
YTD revenue	$5.6 million	—	—

EX-99 · Oct 29, 2026

Guidance · company-stated

No guidance located in the held release

Next earningsNo verified date on fileNo date is estimated or imported

Capital allocation

Dividend$0.26

Agreed to acquire Winship Farm Management in Putnam, IL, which is expected to add over 8,600 acres under management over the next 3 years Board of Directors declared a regular quarterly dividend of $0.26 per share We delivered another strong period of financial results highlighted by a record high quarter of earnings.

General educational research only — not investment advice.Every figure is as stated in the held documents; values marked “computed from stated figures” are arithmetic on those stated figures. Guidance shown is the company’s own stated guidance. No price targets, no recommendations, no consensus estimates.

Event summary

Announces Third Quarter 2026 Results

Based on: Earnings release + Q3 2026 deck + parent 8-K — transcript not held

Guidance & outlook

No guidance located in the held release

Capital allocation

SEC original ↗First Mid Bancshares, Inc. — Earnings release (8-K exhibit)EX-99Oct 29, 2026

Capital Levels and Dividend The Company s capital levels remained strong and above the well capitalized levels.

SEC original ↗First Mid Bancshares, Inc. — Earnings release (8-K exhibit)EX-99Oct 29, 2026

The Company s Board of Directors declared its regular quarterly dividend of $0.26 payable on December 1, 2026 to the shareholders of record as of November 16, 2026.

SEC original ↗First Mid Bancshares, Inc. — Earnings release (8-K exhibit)EX-99Oct 29, 2026

1865 History of growing shareholder value (Dividends since 1879) Publicly traded on Nasdaq since 2014 Demonstrated ability to raise capital and successfully complete acquisitions Committed to our community banking heritage and mission with more than 160 years of community banking experience Largest community bank - affiliated insurance agency in Illinois Largest farm manager in Illinois Top Workplaces USA Today *FMBH financial measures as of 9/30/26.

SEC original ↗First Mid Bancshares, Inc. — Presentation / slide deck (8-K exhibit)EX-99Oct 29, 2026

Shareholder Value Strong Capital & Liquidity Growth Strategy Shareholder Value Long - standing dividend history and disciplined capital allocation support shareholder returns.

SEC original ↗First Mid Bancshares, Inc. — Presentation / slide deck (8-K exhibit)EX-99Oct 29, 2026

The yield on earning assets improved by 6 basis points while the average cost of funds increased 10 basis points Total deposits increased $44.2 million to $7.62 billion Total loans declined $85.8 million to $6.85 billion, primarily reflecting elevated commercial real estate payoffs The average yield on new and renewed loans was approximately 6.25% and 6.5%, respectively in the quarter Declared quarterly dividend of $0.26 per share Announced pending acquisition of Evergreen Bancshares, Inc.

SEC original ↗First Mid Bancshares, Inc. — Presentation / slide deck (8-K exhibit)EX-99Oct 29, 2026

Strategy & priorities

We continue to put a strategic focus on revenue diversification and fee business growth through the acquisition of Winship Farm Management, said Matthew Smith, Chief Executive Officer.

SEC original ↗First Mid Bancshares, Inc. — Earnings release (8-K exhibit)EX-99Oct 29, 2026

Forward-looking statements, which are based on certain assumptions and describe future plans, strategies and expectations, are identified by use of the words believe, expect, intend, anticipate, estimate, project, will, may, should, or similar expressions.

SEC original ↗First Mid Bancshares, Inc. — Earnings release (8-K exhibit)EX-99Oct 29, 2026

Forward - looking statements, which are based on certain assumptions and describe future plans, strategies and expectations, are identified by use of the words believe, expect, intend, anticipate, estimate, project, will, may, should, or similar expressions.

SEC original ↗First Mid Bancshares, Inc. — Presentation / slide deck (8-K exhibit)EX-99Oct 29, 2026

Shareholder Value Strong Capital & Liquidity Growth Strategy Shareholder Value Long - standing dividend history and disciplined capital allocation support shareholder returns.

SEC original ↗First Mid Bancshares, Inc. — Presentation / slide deck (8-K exhibit)EX-99Oct 29, 2026

Growth Strategy FMBH targets organic growth and strategic expansion of products and services into new markets, supported by a strong M&A track record across all business lines.

SEC original ↗First Mid Bancshares, Inc. — Presentation / slide deck (8-K exhibit)EX-99Oct 29, 2026

Risks & headwinds

Ag Loan Portfolio Highlights 11 NOTE: Loan data as of September 30, 2026 Solid Asset Quality Metrics 12 1.32% 1.38% 1.65% 2.10% 1.99% Q3 2025 Q4 2025 Q1 2026 Q2 2026 Q3 2026 Total Adversely Classified Assets / Total Loans $22,199 $31,948 $44,074 $41,293 $43,069 328.5% 234.4% 197.0% 210.7% 200.8% Q3 2025 Q4 2025 Q1 2026 Q2 2026 Q3 2026 Allowance / NPLs NPLs Allowance / NPLs Current ACL balance and historically strong credit performance remain in a position of strength and provide confidence during times of economic uncertainty.

SEC original ↗First Mid Bancshares, Inc. — Presentation / slide deck (8-K exhibit)EX-99Oct 29, 2026

What changed vs prior quarter

Net income — prior quarter passage and this quarter's passage are both cited.

SEC original ↗First Mid Bancshares, Inc. — Earnings release (8-K exhibit)EX-99Oct 29, 2026

Revenue — prior quarter passage and this quarter's passage are both cited.

SEC original ↗First Mid Bancshares, Inc. — Earnings release (8-K exhibit)EX-99Oct 29, 2026

Overall Ag Services revenue — prior quarter passage and this quarter's passage are both cited.

SEC original ↗First Mid Bancshares, Inc. — Earnings release (8-K exhibit)EX-99Oct 29, 2026

Documents

Earnings deck slides

0 decks with slide view

First Mid Bancshares, Inc. — Presentation / slide deck (8-K exhibit) — Slide view unavailable — this deck was filed as a web document, whose text has no page boundaries.

Competitors