Filing Flows › First Mid Bancshares (FMBH) › Q3 2026
First Mid Bancshares (FMBH) Q3 2026 earnings results (third quarter 2026)
10-Q filed Nov 6, 2026
First Mid Bancshares (FMBH) reported revenue of $107M for the third quarter 2026 (Q3 2026), +19% from a year earlier and -2% from the quarter before. Operating margin was 39.3%, net earnings $33.3M (31.2% of revenue).
First Mid Bancshares, Q3 2026: revenue $107M (+19% year over year), operating margin 39.3%, net earnings $33.3M, operating cash flow $47.3M. The chart follows the revenue to costs, profit and cash.
| Q3 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $107M | -2% | +19% |
| Operating profit | $41.9M | +15% | +46% |
| Net earnings | $33.3M | +20% | +48% |
| Operating cash flow | $47.3M | +80% | +43% |
| Free cash flow | $45.8M | +89% | +43% |
What changed
Revenue was $106.6M in Q3 2026, up 19% year over year and down 2% from the previous quarter. Net interest income was the largest line at 74% of revenue. Net interest income added $13.0M year over year (up 20%), 75% of the total change.
Operating profit was $41.9M, a 39.3% margin (up 7.1 points year over year). Of the extra revenue versus a year earlier, 76% reached operating profit, above the 32% margin then. Total costs grew 7% against revenue growth of 19%. Net earnings were $33.3M, up 48% year over year. The effective tax rate was 20.6%.
Operating cash flow was $47.3M (up 43% year over year), 142% of net earnings. Non-cash charges added back $5.7M of depreciation and amortization and $844K of share-based compensation. Working capital and other items added $7.5M. Capital expenditures of $1.6M left free cash flow of $45.8M.
Questions
What was First Mid Bancshares' revenue in the third quarter 2026?
First Mid Bancshares (FMBH) reported revenue of $107M for the third quarter 2026 (Q3 2026), +19% from a year earlier and -2% from the quarter before.
Was First Mid Bancshares profitable in the third quarter 2026?
Operating profit was $41.9M (39.3% of revenue) and net earnings $33.3M.