First Bancshares Missouri Q2 profit rises helped by branch acquisition

First Bancshares (Missouri)

24/07/2026 23:26

    

    Overview
  
US community bank holding company  for Stockmens Bank reported Q2 net income and EPS up yr/yr
Company completed Colorado branch acquisition, boosting assets, loans, and deposits
Net interest margin remained strong at 4.76% due to low-cost acquired deposits

    

    Outlook
  
Company expects future results to continue to improve based on strength of acquired branch
Company continues to execute strategic growth strategies and self-capitalize for future opportunities

    

    Result Drivers
  
BRANCH ACQUISITION - Addition of Westcliffe, CO branch drove growth in assets, loans, and deposits, funded with organic capital and no debt
LOW-COST DEPOSITS - Net interest margin remained strong at 4.76% due to low cost of funds from acquired deposit portfolio
ACQUISITION EXPENSES - Efficiency ratio increased slightly due to acquisition expenses and larger asset base

    
Company press release: ID:nGNX1D0Y8S

    

    Key Details
  

            Metric
          

            Beat/Miss
          

            Actual
          

            Consensus Estimate
          
Q2 EPS
 
$0.89
 
Q2 Net Income
 
$2.14 mln
 
Q2 Net Interest Income
 
$6.86 mln
 
Q2 Pretax Profit
 
$2.80 mln
 
Q2 Provision for Loan Losses
 
$369,000
 

    

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)