First Mid Bancshares, Inc. - Common Stock (FMBH)

Frequently Asked Questions About First Mid Bancshares, Inc. - Common Stock (FMBH)

Has First Mid Bancshares, Inc. made any recent acquisitions?

Yes, First Mid Bancshares, Inc. has a history of strategic acquisitions aimed at expanding its footprint and increasing its service capabilities. Notably, the company has completed several acquisitions over recent years, enabling it to enhance its competitive position in the banking sector and improve its offerings to customers.

How can customers access First Mid Bancshares, Inc.'s services?

Customers can access First Mid Bancshares, Inc.'s services through multiple channels, including physical branch locations, online banking platforms, and mobile banking applications. This multi-channel approach ensures that customers can conveniently manage their finances anytime, anywhere.

How does First Mid Bancshares, Inc. approach risk management?

First Mid Bancshares, Inc. prioritizes risk management as a fundamental aspect of its operations. The company employs comprehensive risk assessment frameworks, adheres to regulatory compliance, and utilizes sound lending practices to identify and mitigate risks, ensuring long-term stability and trust for its stakeholders.

How does First Mid Bancshares, Inc. handle environmental sustainability?

First Mid Bancshares, Inc. recognizes the importance of environmental sustainability and has implemented practices to minimize its ecological footprint. This includes adopting energy-efficient technologies, supporting sustainable community projects, and promoting paperless banking options to reduce waste.

How does First Mid Bancshares, Inc. support its local communities?

First Mid Bancshares, Inc. is actively committed to supporting its local communities through various initiatives, including community reinvestment programs, financial literacy workshops, and sponsorship of local events. The company believes in giving back and fostering economic development in the areas it serves.

How is First Mid Bancshares, Inc. structured?

First Mid Bancshares, Inc. is structured as a financial holding company that owns multiple banking subsidiaries. Each subsidiary operates under its own brand but adheres to the unified policies and operational guidelines set by the parent company, providing a strong network for financial services in the regions they serve.

What are the primary services offered by First Mid Bancshares, Inc.?

First Mid Bancshares, Inc. offers a comprehensive range of banking services, including personal banking products such as checking and savings accounts, loans and mortgages, business banking solutions for local enterprises, agricultural financing, and wealth management services. Additionally, they provide insurance products and investment services to help customers manage their financial futures.

What community initiatives has First Mid Bancshares, Inc. launched recently?

Recently, First Mid Bancshares, Inc. has launched several community initiatives focused on financial education, local economic development, and charitable giving. These initiatives include partnerships with local organizations, scholarship programs for students, and volunteer efforts by employees to support various community projects.

What does First Mid Bancshares, Inc. do?

First Mid Bancshares, Inc. is a financial holding company primarily engaged in providing banking and related financial services through its various bank subsidiaries. Headquartered in Mattoon, Illinois, the company serves customers in central and southeastern Illinois, offering a wide range of products including personal banking, commercial banking, agricultural financing, investment services, and insurance.

What is the company's approach to customer service?

First Mid Bancshares, Inc. is dedicated to delivering exceptional customer service, emphasizing a personalized approach. The team is trained to understand customer needs, provide timely solutions, and foster lasting relationships, ensuring that customers feel valued and supported throughout their banking experience.

What is the company’s financial performance like?

First Mid Bancshares, Inc. has demonstrated steady financial performance, characterized by consistent revenue growth, profitability, and strong asset quality. Regular financial disclosures reveal a robust balance sheet, which reflects the company’s commitment to sustainable growth and effective risk management practices.

What is the company’s mission statement?

First Mid Bancshares, Inc.'s mission is to deliver exceptional financial services that enhance the lives of its customers and strengthen the communities it serves. The company is committed to integrity, innovation, and responsiveness, aiming to build lasting relationships based on trust and mutual success.

What is the company’s vision for the future?

First Mid Bancshares, Inc. envisions a future where it continues to grow and adapt to the dynamic financial landscape while remaining deeply rooted in its commitment to customer service and community involvement. The company aims to leverage technology and innovation to enhance its offerings and expand its reach for generations to come.

What is the significance of the Nasdaq listing for First Mid Bancshares, Inc.?

The listing of First Mid Bancshares, Inc. on Nasdaq under the ticker symbol FMBH enhances its visibility and credibility in the financial markets. It allows the company to access capital more efficiently and provides investors with a transparent platform to trade its shares, reflecting the company's commitment to maintaining high standards of corporate governance.

What technology does First Mid Bancshares, Inc. utilize for banking services?

First Mid Bancshares, Inc. employs a variety of advanced technologies to enhance its banking services. This includes online and mobile banking platforms, robust cybersecurity measures, and cutting-edge financial software that streamline operations and improve customer experience, making banking more accessible and secure.

What training and career development opportunities does the company provide?

First Mid Bancshares, Inc. offers a range of training and career development opportunities for its employees. This includes onboarding programs, ongoing workshops, leadership training, and support for professional certifications, all designed to cultivate skills and promote advancement within the organization.

What types of loans does First Mid Bancshares, Inc. offer?

First Mid Bancshares, Inc. provides a variety of loan products to meet the needs of its customers. These include personal loans, auto loans, home mortgages, business loans, and agricultural loans, each designed to support individuals and businesses in their financial endeavors.

When was First Mid Bancshares, Inc. founded?

First Mid Bancshares, Inc. was founded in 1865, establishing a long history in the financial services industry. Over the years, the company has expanded its services and footprint through strategic growth initiatives, including mergers and acquisitions, while maintaining a strong commitment to its local communities.

Where is First Mid Bancshares, Inc. headquartered?

The company is headquartered in Mattoon, Illinois. This location serves as the central hub for its operations and management, enabling it to effectively serve its clients across multiple regions in Illinois.

Who are the key executives at First Mid Bancshares, Inc.?

The key executives at First Mid Bancshares, Inc. include the President and CEO, who is responsible for the overall strategic direction of the company, along with other senior leaders overseeing areas such as finance, operations, compliance, and technology. This experienced management team drives the company's growth and ensures operational efficiency.

What is the current price of First Mid Bancshares, Inc. - Common Stock?

The current price of First Mid Bancshares, Inc. - Common Stock is 31.27

When was First Mid Bancshares, Inc. - Common Stock last traded?

The last trade of First Mid Bancshares, Inc. - Common Stock was at 2:54 pm EDT on April 4th, 2025

What is the market capitalization of First Mid Bancshares, Inc. - Common Stock?

The market capitalization of First Mid Bancshares, Inc. - Common Stock is 641.94M

How many shares of First Mid Bancshares, Inc. - Common Stock are outstanding?

First Mid Bancshares, Inc. - Common Stock has 20.53M shares outstanding.