First Mid Posts $33.3 Million Q3 Profit as Net Interest Income Rises 19.6%

First Mid Bancshares, Inc. recorded $33.297 million in net income for the quarter ended Sept. 30, as net interest income climbed 19.6% from a year earlier to $79.376 million. Diluted earnings were $1.25 per share under generally accepted accounting principles (GAAP). Adjusted net income, a non-GAAP measure, was $33.618 million, with adjusted diluted earnings per share (EPS) of $1.26. Adjusted figures are supplemental measures and should not replace GAAP results. First Mid issued its earnings release Thursday, Oct. 29. A year earlier, net income was $22.462 million and diluted EPS was $0.94.

Source: TokenPost