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Jun 30, 2021
First Mid Q2 2021 Earnings Report
Reported strong earnings and completed the integration with Providence.
Key Takeaways
First Mid Bancshares reported very good financial and operating performance with strong earnings, driven by the successful completion of the integration with Providence and strategic focus on growing noninterest income.
Earnings, adjusted for acquisition and branch consolidation costs, reached a record high.
Continued strategic focus on growing noninterest income and expanding services.
Completed acquisitions in both insurance and wealth management business lines.
Completed extensive due diligence on the pending acquisitions of both Delta Bancshares Company and a separate St. Louis based team and portfolio.
Forward Guidance
This document may contain certain forward-looking statements about First Mid and Delta, such as discussions of First Mid’s and Delta’s pricing and fee trends, credit quality and outlook, liquidity, new business results, expansion plans, anticipated expenses and planned schedules.
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
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