First Mid Bancshares (FMBH) Stock Price, News & Analysis

Company Overview

First Mid Bancshares, Inc. (NASDAQ: FMBH), headquartered in Mattoon, Illinois, is a financial services holding company that offers a comprehensive suite of banking products and services through its main subsidiary, First Mid Bank & Trust. The company’s primary business activities include commercial and retail banking, mortgage origination and servicing, wealth management and trust administration, as well as treasury and cash management solutions.

Through its branch network, First Mid provides consumer deposit products such as checking and savings accounts, certificates of deposit and online banking services. The firm’s lending portfolio covers home mortgages, residential and commercial real estate financing, business credit lines, equipment lending and agribusiness loans. Additionally, it offers investment advisory, retirement planning and fiduciary services to individuals and institutional clients, supported by digital channels and mobile payment platforms.

First Mid Bancshares serves communities across east-central and southern Illinois, with branch markets that include Bloomington-Normal, Champaign-Urbana, Peoria, Quincy and surrounding areas. Its regional footprint enables it to cater to local agricultural, commercial and municipal clients, leveraging market knowledge and community relationships to support growth and financial well-being.

The bank’s heritage traces back to 1891, while the holding company was established in the early 1980s to facilitate geographic expansion and strategic acquisitions. The organization is led by Chairman and Chief Executive Officer Thomas M. Clifford, who oversees corporate governance, business development and community engagement initiatives.

Key Stats

• Today's Range: $39.32 to $39.63
• 50-Day Range: $37.18 to $40.64
• 52-Week Range: $27.58 to $43.86
• Volume: 37,745 shs
• Average Volume: 55,788 shs
• Market Capitalization: $945.12 million
• P/E Ratio: 11.19
• Dividend Yield: 2.54%
• Price Target: $43.33
• Consensus Rating: Moderate Buy

First Mid Bancshares Stock Analysis - MarketRank™

First Mid Bancshares scored higher than 73% of companies evaluated by MarketBeat, and ranked 450th out of 958 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 2.5 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

First Mid Bancshares has received a consensus rating of Moderate Buy. The company's average rating score is 2.67, and is based on 4 buy ratings, 2 hold ratings, and no sell ratings.

Upside Potential

First Mid Bancshares has a consensus price target of $43.33, representing about 10.0% upside from its current price of $39.38.

Amount of Analyst Coverage

First Mid Bancshares has only been the subject of 2 research reports in the past 90 days.

Earnings and Valuation

• Score: 1.9 / 5
• Proj. Earnings Growth: 5.26%

Earnings Growth

Earnings for First Mid Bancshares are expected to grow by 5.26% in the coming year, from $3.61 to $3.80 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of First Mid Bancshares is 11.19, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 280.32.

Price to Earnings Ratio vs. Sector

The P/E ratio of First Mid Bancshares is 11.19, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 244.64.

Price to Book Value per Share Ratio

First Mid Bancshares has a P/B Ratio of 1.11. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 5.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

0.64% of the float of First Mid Bancshares has been sold short.

Short Interest Ratio / Days to Cover

First Mid Bancshares has a short interest ratio ("days to cover") of 2, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in First Mid Bancshares has recently decreased by 26.17%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 2.5 / 5
• Dividend Strength: Moderate

Dividend Yield

First Mid Bancshares pays a meaningful dividend of 2.54%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

First Mid Bancshares has only been increasing its dividend for 3 years.

Dividend Coverage

The dividend payout ratio of First Mid Bancshares is 28.41%. This payout ratio is at a healthy, sustainable level, below 75%.

Dividend Sustainability

Based on earnings estimates, First Mid Bancshares will have a dividend payout ratio of 26.32% next year. This indicates that First Mid Bancshares will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

0.64% of the float of First Mid Bancshares has been sold short.

Short Interest Ratio / Days to Cover

First Mid Bancshares has a short interest ratio ("days to cover") of 2, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in First Mid Bancshares has recently decreased by 26.17%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 3.1 / 5
• News Sentiment: 1.64

News Sentiment

First Mid Bancshares has a news sentiment score of 1.64. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 1.07 average news sentiment score of Finance companies.

News Coverage This Week

MarketBeat has tracked 3 news articles for First Mid Bancshares this week, compared to 2 articles on an average week.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, First Mid Bancshares insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $58,455.00 in company stock.

Percentage Held by Insiders

Only 5.20% of the stock of First Mid Bancshares is held by insiders.

Percentage Held by Institutions

47.57% of the stock of First Mid Bancshares is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

FMBH Stock Analysis - Frequently Asked Questions

How have FMBH shares performed this year?

First Mid Bancshares' stock was trading at $36.82 at the start of the year. Since then, FMBH shares have increased by 7.0% and is now trading at $39.38.

How were First Mid Bancshares' earnings last quarter?

First Mid Bancshares, Inc. (NASDAQ:FMBH) issued its quarterly earnings data on Thursday, July, 24th. The bank reported $0.99 earnings per share for the quarter, beating the consensus estimate of $0.91 by $0.08. The bank earned $88.23 million during the quarter, compared to the consensus estimate of $64.42 million. First Mid Bancshares had a trailing twelve-month return on equity of 10.09% and a net margin of 18.32%.

Who are First Mid Bancshares' major shareholders?

Top institutional shareholders of First Mid Bancshares include Geode Capital Management LLC (2.32%), American Century Companies Inc. (2.22%), JPMorgan Chase & Co. (1.02%) and The Manufacturers Life Insurance Company (0.89%). Insiders that own company stock include Clay M Dean, Bradley L Beesley, James Edwin Zimmer and Todd J James.
View institutional ownership trends.

How do I buy shares of First Mid Bancshares?

Shares of FMBH stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

What other stocks do shareholders of First Mid Bancshares own?

Based on aggregate information from My MarketBeat watchlists, some other companies that First Mid Bancshares investors own include Tesla (TSLA), JPMorgan Chase & Co. (JPM), NVIDIA (NVDA), Advanced Micro Devices (AMD), Meta Platforms (META), Netflix (NFLX) and Home Depot (HD).

Company Calendar

• Last Earnings: 7/24/2025
• Record date for 8/29 Dividend: 8/15/2025
• Ex-Dividend for 8/29 Dividend: 8/15/2025
• Dividend Payable: 8/29/2025
• Today: 9/15/2025
• Next Earnings (Estimated): 10/30/2025
• Fiscal Year End: 12/31/2025

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Finance
• Industry: BANKS - NORTHEAST
• Sub-Industry: Banking
• Current Symbol: NASDAQ:FMBH
• CIK: 700565
• Web: www.firstmid.com
• Phone: (217) 234-7454
• Fax: N/A
• Employees: 1,198
• Year Founded: N/A

Price Target and Rating

• Average Price Target for First Mid Bancshares: $43.33
• High Price Target: $49.00
• Low Price Target: $40.00
• Potential Upside/Downside: +10.0%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.67
• Research Coverage: 6 Analysts

Profitability

• EPS (Trailing Twelve Months): $3.52
• Trailing P/E Ratio: 11.19
• Forward P/E Ratio: 10.91
• P/E Growth: N/A
• Net Income: $78.90 million
• Net Margins: 18.32%
• Pretax Margin: 23.71%
• Return on Equity: 10.09%
• Return on Assets: 1.15%

Debt

• Debt-to-Equity Ratio: 0.39
• Current Ratio: 0.93
• Quick Ratio: 0.93

Sales & Book Value

• Annual Sales: $330.72 million
• Price / Sales: 2.86
• Cash Flow: $4.34 per share
• Price / Cash Flow: 9.07
• Book Value: $35.40 per share
• Price / Book: 1.11

Miscellaneous

• Outstanding Shares: 23,997,000
• Free Float: 22,749,000
• Market Cap: $945.00 million
• Optionable: Optionable
• Beta: 0.91