First Mid-Illinois: 2Q Earnings Snapshot

MATTOON, Ill. (AP) _ First Mid-Illinois Bancshares Inc. (FMBH) on Thursday reported second-quarter profit of $10 million.

The Mattoon, Illinois-based bank said it had earnings of 72 cents per share.

The results topped Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 64 cents per share.

The bank holding company posted revenue of $38.5 million in the period. Its revenue net of interest expense was $35.8 million, also exceeding Street forecasts. Three analysts surveyed by Zacks expected $34.5 million.

First Mid-Illinois shares have climbed 4 percent since the beginning of the year. The stock has increased 14 percent in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on FMBH at https://www.zacks.com/ap/FMBH