DA Davidson Issues Negative Outlook for FMBH Earnings

First Mid Bancshares, Inc. (NASDAQ:FMBH - Free Report) - Analysts at DA Davidson cut their Q2 2025 EPS estimates for First Mid Bancshares in a note issued to investors on Friday, June 27th. DA Davidson analyst J. Rulis now anticipates that the bank will earn $0.90 per share for the quarter, down from their prior estimate of $0.93. The consensus estimate for First Mid Bancshares' current full-year earnings is $3.61 per share. DA Davidson also issued estimates for First Mid Bancshares' FY2026 earnings at $3.74 EPS.

First Mid Bancshares (NASDAQ:FMBH - Get Free Report) last issued its quarterly earnings data on Wednesday, April 30th. The bank reported $0.96 earnings per share for the quarter, topping analysts' consensus estimates of $0.94 by $0.02. The firm had revenue of $85.21 million for the quarter, compared to analyst estimates of $58.29 million. First Mid Bancshares had a return on equity of 9.90% and a net margin of 17.75%.

FMBH has been the topic of several other reports. Hovde Group lowered their price objective on First Mid Bancshares from $48.00 to $43.00 and set an "outperform" rating on the stock in a research report on Friday, March 14th. Stephens reissued a "positive" rating on shares of First Mid Bancshares in a report on Friday, May 2nd. Finally, Raymond James Financial reaffirmed an "outperform" rating and set a $40.00 price objective (down from $43.00) on shares of First Mid Bancshares in a report on Friday, May 2nd. Two investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the company's stock. Based on data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average target price of $43.83.

First Mid Bancshares Trading Up 0.7%

NASDAQ:FMBH traded up $0.28 during trading hours on Monday, hitting $39.69. The company had a trading volume of 45,084 shares, compared to its average volume of 63,992. The company has a market capitalization of $952.04 million, a PE ratio of 11.81 and a beta of 0.87. The company has a debt-to-equity ratio of 0.25, a current ratio of 0.94 and a quick ratio of 0.94. The stock has a 50-day moving average price of $36.01 and a 200 day moving average price of $36.08. First Mid Bancshares has a 52 week low of $27.58 and a 52 week high of $43.86.

First Mid Bancshares Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, May 30th. Stockholders of record on Thursday, May 15th were issued a $0.24 dividend. This represents a $0.96 dividend on an annualized basis and a dividend yield of 2.42%. The ex-dividend date of this dividend was Thursday, May 15th. First Mid Bancshares's dividend payout ratio (DPR) is 28.57%.

Hedge Funds Weigh In On First Mid Bancshares

A number of large investors have recently made changes to their positions in FMBH. PNC Financial Services Group Inc. purchased a new stake in First Mid Bancshares in the first quarter worth $26,000. Sterling Capital Management LLC grew its stake in First Mid Bancshares by 804.9% in the 4th quarter. Sterling Capital Management LLC now owns 733 shares of the bank's stock worth $27,000 after acquiring an additional 652 shares in the last quarter. Meeder Asset Management Inc. purchased a new position in shares of First Mid Bancshares during the first quarter worth approximately $29,000. Federated Hermes Inc. raised its stake in shares of First Mid Bancshares by 1,226.4% during the fourth quarter. Federated Hermes Inc. now owns 955 shares of the bank's stock valued at $35,000 after acquiring an additional 883 shares in the last quarter. Finally, Strs Ohio bought a new stake in shares of First Mid Bancshares during the first quarter valued at approximately $42,000. 47.57% of the stock is owned by hedge funds and other institutional investors.

First Mid Bancshares Company Profile

First Mid Bancshares, Inc, a financial holding company, provides community banking products and services to commercial, retail, and agricultural customers in the United States. It accepts various deposit products, such as demand deposits, savings accounts, money market deposits, and time deposits. The company's loan products include commercial real estate, commercial and industrial, agricultural and agricultural real estate, residential real estate, and consumer loans, as well as construction and land development, 1-4 family residential properties, and multifamily residential properties loans; and other loans comprising loans to municipalities to support community projects, such as infrastructure improvements or equipment purchases.