FIRST MID BANCSHARES Files 8-K on Q4 Results

TL;DR

**First Mid Bancshares just dropped its latest financial results, giving us a fresh look at their money situation.**

AI Summary

FIRST MID BANCSHARES, INC. filed an 8-K on January 25, 2024, to report its results of operations and financial condition. This filing, under Items 2.02 and 9.01, indicates the company is providing an update on its financial performance. For investors, this matters because it offers a timely look into the bank's health and profitability, which can influence stock price and future dividend prospects.

Why It Matters

This filing provides investors with crucial, up-to-date financial information, allowing them to assess the company's recent performance and make informed investment decisions.

Risk Assessment

Risk Level: low — This 8-K is a routine filing for reporting financial results and does not inherently introduce new risks, but rather provides transparency on existing financial performance.

Analyst Insight

Investors should review the full financial statements and results of operations once they are publicly available to understand the specific performance metrics and their implications for FIRST MID BANCSHARES, INC.'s future.

Key Players & Entities

• FIRST MID BANCSHARES, INC. (company) — the registrant filing the 8-K
• January 25, 2024 (date) — date of earliest event reported
• 0000700565 (company) — Central Index Key (CIK) for FIRST MID BANCSHARES, INC.
• FMBH (company) — trading symbol for Common Stock of FIRST MID BANCSHARES, INC.
• Nasdaq Global Market (company) — exchange where Common Stock of FIRST MID BANCSHARES, INC. is registered

FAQ

Filing Documents

• f8k_012424.htm (8-K) — 17KB
• exh_991.htm (EX-99.1) — 383KB
• 0001171843-24-000398.txt ( ) — 620KB
• gnw-20190101.xsd (EX-101.SCH) — 3KB
• gnw-20190101_def.xml (EX-101.DEF) — 25KB
• gnw-20190101_lab.xml (EX-101.LAB) — 33KB
• gnw-20190101_pre.xml (EX-101.PRE) — 22KB
• f8k_012424_htm.xml (XML) — 3KB

02. Results of Operations and Financial Condition

Item 2.02. Results of Operations and Financial Condition. On January 25, 2024, the Company issued a press release to report its results of operations and financial condition as of and for the quarter and full year ended December 31, 2023. A copy of this press release is included in Exhibit 99.1 to this Form 8-K and incorporated into this item 2.02 by reference. The information furnished pursuant to this Item 2.02 and the related exhibits shall not be deemed "filed" by First Mid for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange Act") or incorporated by reference in any filing under the Securities Act of 1933, as amended (the "Securities Act"), or the Exchange Act, except as may be expressly set forth by specific reference in such filing.

Forward Looking Statements

Forward Looking Statements This document may contain certain forward-looking statements about First Mid, such as discussions of First Mid's pricing and fee trends, credit quality and outlook, liquidity, new business results, expansion plans, anticipated expenses and planned schedules. First Mid intends such forward-looking statements to be covered by the safe harbor provisions for forward-looking statements contained in the Private Securities Litigation Reform Act of 1995. Forward-looking statements, which are based on certain assumptions and describe future plans, strategies and expectations of First Mid are identified by use of the words "believe," "expect," "intend," "anticipate," "estimate," "project," or similar expressions. Actual results could differ materially from the results indicated by these statements because the realization of those results is subject to many risks and uncertainties, including, among other things, changes in interest rates; general economic conditions and those in the market areas of First Mid; legislative and/or regulatory changes; monetary and fiscal policies of the U.S. Government, including policies of the U.S. Treasury and the Federal Reserve Board; the quality or composition of First Mid's loan or investment portfolios and the valuation of those investment portfolios; demand for loan products; deposit flows; competition, demand for financial services in the market areas of First Mid; accounting principles, policies and guidelines; and the impact of the global COVID-19 pandemic on First Mid's businesses. Additional information concerning First Mid, including additional factors and risks that could materially affect First Mid's financial results, are included in First Mid's filings with the SEC, including its Annual Reports on Form 10-K and Quarterly Reports on Form 10-Q. Forward-looking statements speak only as of the date they are made. Except as required under the federal securities laws or the rules and regulations of the SEC

01. Financial Statements and Exhibits

Item 9.01. Financial Statements and Exhibits. (d) Exhibits. EXHIBIT INDEX Exhibit No. Description 99.1 Press Release dated January 25, 2024 104 Cover Page Interactive Data File (embedded within the Inline XBRL document) SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. FIRST MID BANCSHARES, INC. Date: January 25, 2024 By: /s/ Joseph R. Dively Joseph R. Dively Chairman, President and Chief Executive Officer

View Full Filing

View this 8-K filing on SEC EDGAR