First Mid Bancshares, Inc.
NASDAQ Global MarketCapital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- CEO
- Joseph R. Dively
- Full Time Employees
- 1,170
- Sector
- Financial Services
- Industry
- Banks - Regional
- Address
- 1421 Charleston Avenue Mattoon IL United States of America 61938
- IPO Date
- Mar 16, 1999
- CIK
- 0000700565
- Website
- firstmid.com
- Similar Companies
- Business
- First Mid Bancshares, Inc. (Nasdaq: FMBH) operates as a financial holding company that provides community banking products and services to commercial, retail, and agricultural customers through its subsidiaries, including First Mid Bank & Trust, N.A., First Mid Insurance Group, and First Mid Wealth Management Company. The company offers deposit products such as demand deposits, savings accounts, money market deposits, and time deposits; loan products encompassing commercial real estate, commercial and industrial, agricultural and agricultural real estate, residential real estate (owner- and non-owner-occupied), consumer loans, construction and land development, 1-4 family residential properties, multifamily residential properties, and municipal loans for community projects like infrastructure improvements or equipment purchases; wealth management services including estate planning, investment management, trust administration, financial planning, and employee benefit services for businesses; brokerage services; insurance products; and agricultural services such as farm management and brokerage. First Mid conducts operations through a network of locations in Illinois, Missouri, Texas, and Wisconsin, with a loan production office in Indiana, serving individuals, businesses, municipalities, and agricultural clients primarily in the Midwest. Founded in 1865 and headquartered in Mattoon, Illinois, the company manages approximately $7.8 billion in assets. In recent developments, First Mid announced in October 2025 a definitive agreement to acquire Two Rivers Financial Group, Inc. in a 100% stock transaction valued at approximately $94.1 million, expanding its footprint into Iowa markets with an expected close in the first quarter of 2026 pending approvals; completed a core system conversion and closed eight branches; announced the pending acquisition of Ray Farm Management Services; and declared a quarterly dividend of $0.25 per share payable December 1, 2025.
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