First Mid Bancshares (NASDAQ:FMBH – Get Free Report) posted its quarterly earnings results on Thursday. The bank reported $1.26 EPS for the quarter, topping analysts’ consensus estimates of $1.14 by $0.12, FiscalAI reports. The business had revenue of $107.43 million during the quarter, compared to analysts’ expectations of $108.47 million. First Mid Bancshares had a return on equity of 10.86% and a net margin of 19.76%.
First Mid Bancshares Stock Performance
Shares of First Mid Bancshares stock traded up $0.61 on Thursday, hitting $51.13. The stock had a trading volume of 154,931 shares, compared to its average volume of 155,157. First Mid Bancshares has a twelve month low of $34.15 and a twelve month high of $53.36. The business’s 50 day moving average is $49.94 and its two-hundred day moving average is $45.94. The company has a quick ratio of 0.95, a current ratio of 0.95 and a debt-to-equity ratio of 0.03. The stock has a market cap of $1.36 billion, a price-to-earnings ratio of 11.40 and a beta of 0.80.
First Mid Bancshares Dividend Announcement
The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 1st. Stockholders of record on Monday, November 16th will be issued a dividend of $0.26 per share. This represents a $1.04 dividend on an annualized basis and a dividend yield of 2.0%. The ex-dividend date is Monday, November 16th. First Mid Bancshares’s payout ratio is currently 25.81%.
Wall Street Analysts Forecast Growth
FMBH has been the subject of a number of recent analyst reports. Keefe, Bruyette & Woods raised their price objective on First Mid Bancshares from $50.00 to $54.00 and gave the company a “market perform” rating in a research report on Monday, July 27th. Weiss Ratings lowered First Mid Bancshares from a “buy (b+)” rating to a “buy (b)” rating in a report on Friday, October 23rd. Piper Sandler increased their price target on First Mid Bancshares from $55.00 to $62.50 and gave the company an “overweight” rating in a research note on Tuesday, July 28th. Finally, DA Davidson raised their price target on First Mid Bancshares from $47.00 to $54.00 and gave the company a “neutral” rating in a report on Monday, July 27th. Three equities research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $54.62.
View Our Latest Stock Analysis on First Mid Bancshares
Trending Headlines about First Mid Bancshares
Here are the key news stories impacting First Mid Bancshares this week:
- Positive Sentiment: Quarterly earnings exceeded expectations. FMBH reported adjusted earnings of $1.26 per share for the quarter ended September 30, 2026, topping analyst estimates of approximately $1.14–$1.15. EPS also rose from $0.97 a year earlier, signaling improved profitability. First Mid Bancshares Surpasses Q3 Earnings Estimates
- Positive Sentiment: Evergreen Bancshares acquisition broadens FMBH’s footprint. First Mid agreed to acquire Evergreen Bancshares, parent of American Bank of Freedom, in a transaction involving both stock and cash. The deal is expected to strengthen FMBH’s presence in the St. Louis area and along the I-70 corridor, expand its Illinois franchise, and establish a full-service banking presence in greater Indianapolis. First Mid Announces Acquisition of Evergreen Bancshares
- Positive Sentiment: Profitability remained solid. The bank reported a 19.76% net margin and a 10.86% return on equity, metrics that support the view that the earnings beat reflects healthy operating performance. First Mid Announces Third Quarter 2026 Results
- Neutral Sentiment: Revenue was slightly below expectations. Quarterly revenue totaled $107.43 million versus the $108.47 million consensus estimate, tempering the otherwise favorable earnings report.
- Neutral Sentiment: Additional expansion in agricultural services. First Mid’s Ag Services unit agreed to acquire Winship Farm Management, potentially adding scale and capabilities, although the available report provides limited financial details about the transaction. Ag Services to Acquire Winship Farm Management
First Mid Bancshares Company Profile
First Mid Bancshares, Inc is a financial services holding company headquartered in Mattoon, Illinois. Through its principal subsidiary, First Mid Bank & Trust, N.A., the company provides banking and related financial services to individuals, families, farmers, businesses and governmental entities.
First Mid Bank & Trust offers deposit accounts, consumer and commercial lending, agricultural loans, mortgage services, treasury and cash-management services, online and mobile banking, and other traditional banking products.
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