DA Davidson Issues Pessimistic Outlook for FMBH Earnings

First Mid Bancshares, Inc. (NASDAQ:FMBH - Free Report) - Investment analysts at DA Davidson cut their Q2 2025 earnings per share (EPS) estimates for shares of First Mid Bancshares in a research note issued on Friday, June 27th. DA Davidson analyst J. Rulis now forecasts that the bank will earn $0.90 per share for the quarter, down from their prior forecast 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 posted its quarterly earnings results on Wednesday, April 30th. The bank reported $0.96 earnings per share for the quarter, topping the consensus estimate of $0.94 by $0.02. The company had revenue of $85.21 million during the quarter, compared to the consensus estimate of $58.29 million. First Mid Bancshares had a return on equity of 9.90% and a net margin of 17.75%.

Other analysts have also recently issued research reports about the company. Stephens reissued a "positive" rating on shares of First Mid Bancshares in a report on Friday, May 2nd. Raymond James Financial reaffirmed an "outperform" rating and issued a $40.00 price target (down previously from $43.00) on shares of First Mid Bancshares in a report on Friday, May 2nd. Finally, Hovde Group lowered their price target on First Mid Bancshares from $48.00 to $43.00 and set an "outperform" rating on the stock in a report on Friday, March 14th. Two research analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. According to data from MarketBeat, First Mid Bancshares has a consensus rating of "Moderate Buy" and a consensus price target of $43.83.

First Mid Bancshares Stock Up 1.7%

FMBH stock opened at $38.22 on Monday. The company has a debt-to-equity ratio of 0.25, a quick ratio of 0.94 and a current ratio of 0.94. The company has a market capitalization of $916.90 million, a price-to-earnings ratio of 11.38 and a beta of 0.87. First Mid Bancshares has a fifty-two week low of $27.58 and a fifty-two week high of $43.86. The stock has a fifty day moving average of $35.68 and a 200-day moving average of $36.07.

First Mid Bancshares Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, May 30th. Investors of record on Thursday, May 15th were issued a dividend of $0.24 per share. The ex-dividend date of this dividend was Thursday, May 15th. This represents a $0.96 dividend on an annualized basis and a dividend yield of 2.51%. First Mid Bancshares's dividend payout ratio is 28.57%.

Hedge Funds Weigh In On First Mid Bancshares

Large investors have recently modified their holdings of the company. Deutsche Bank AG raised its holdings in shares of First Mid Bancshares by 72.3% during the 4th quarter. Deutsche Bank AG now owns 19,073 shares of the bank's stock valued at $702,000 after buying an additional 8,002 shares in the last quarter. SG Americas Securities LLC raised its holdings in shares of First Mid Bancshares by 35.0% during the 1st quarter. SG Americas Securities LLC now owns 14,352 shares of the bank's stock valued at $501,000 after buying an additional 3,720 shares in the last quarter. Prudential Financial Inc. raised its holdings in shares of First Mid Bancshares by 27.6% during the 4th quarter. Prudential Financial Inc. now owns 10,172 shares of the bank's stock valued at $375,000 after buying an additional 2,200 shares in the last quarter. Hennion & Walsh Asset Management Inc. purchased a new position in shares of First Mid Bancshares during the 1st quarter valued at about $240,000. Finally, Intech Investment Management LLC purchased a new position in shares of First Mid Bancshares during the 4th quarter valued at about $344,000. 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.

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