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

Company Overview

First Mid Bancshares, Inc. is a financial holding company headquartered in Mattoon, Illinois. Through its principal subsidiary, First Mid Bank & Trust, the company provides community banking services to individuals, families, farmers, businesses and municipalities.

Its banking services include checking and savings accounts, certificates of deposit, consumer and commercial loans, agricultural lending, mortgage services, treasury management and online banking. The company also provides wealth management, trust and investment services through First Mid Wealth Management, as well as insurance products through First Mid Insurance Group.

First Mid traces its roots to 1865 and has expanded through organic growth and acquisitions. Its banking operations primarily serve communities across central and southern Illinois, eastern Missouri and surrounding Midwestern markets, with a focus on relationship-based financial services and local decision-making.

Key Stats

• Today's Range: $49.59 to $50.51
• 50-Day Range: $48.71 to $52.58
• 52-Week Range: $34.15 to $53.36
• Volume: 117,627 shs
• Average Volume: 130,427 shs
• Market Capitalization: $1.33 billion
• P/E Ratio: 12.40
• Dividend Yield: 2.08%
• Price Target: $54.63
• Consensus Rating: Moderate Buy

First Mid Bancshares Stock Analysis - MarketRank™

First Mid Bancshares scored higher than 77% of companies evaluated by MarketBeat, and ranked 335th out of 839 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: 2.8 / 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 2.50, and is based on no strong buy ratings, 3 buy ratings, 3 hold ratings, and no sell ratings.

Upside/Downside

The consensus price target for First Mid Bancshares is close to its current price, suggesting limited near-term upside or downside.

Amount of Analyst Coverage

First Mid Bancshares has only been the subject of 4 research reports in the past 90 days.

Earnings and Valuation

• Score: 1.9 / 5
• Proj. Earnings Growth: 5.94%

Earnings Growth

Earnings for First Mid Bancshares are expected to grow by 5.94% in the coming year, from $4.71 to $4.99 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of First Mid Bancshares is 12.40, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 44.66.

Price to Earnings Ratio vs. Sector

The P/E ratio of First Mid Bancshares is 12.40, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 24.40.

Price to Book Value per Share Ratio

First Mid Bancshares has a P/B Ratio of 1.25. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 4.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

2.20% 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 4.98.

Change versus previous month

Short interest in First Mid Bancshares has recently decreased by 8.48%, 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 2.08%, 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 25.81%. 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 20.84% next year. This indicates that First Mid Bancshares will be able to sustain or increase its dividend.

News and Social Media

• Score: 3.0 / 5
• News Sentiment: 0.85

News Sentiment

First Mid Bancshares has a news sentiment score of 0.85. 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 0.61 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 1 article on an average week.

Company Ownership

• Score: 0.8 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, First Mid Bancshares insiders have not sold or bought any company stock.

Percentage Held by Insiders

6.00% 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.

Company Calendar

• Last Earnings: 7/23/2026
• Record date for 9/1 Dividend: 8/18/2026
• Ex-Dividend for 9/1 Dividend: 8/18/2026
• Dividend Payable: 9/01/2026
• Today: 10/05/2026
• Next Earnings (Estimated): 10/29/2026
• Fiscal Year End: 12/31/2026

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Finance
• Industry: Banks
• Sub-Industry: Regional Banks
• Current Symbol: NASDAQ:FMBH
• CIK: 700565
• Web: www.firstmid.com
• Phone: (217) 234-7454
• Fax: N/A
• Employees: 1,170
• Year Founded: N/A

Price Target and Rating

• Average Price Target for First Mid Bancshares: $54.63
• High Price Target: $62.50
• Low Price Target: $48.00
• Potential Upside/Downside: +9.3%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.50
• Research Coverage: 6 Analysts

Profitability

• EPS (Trailing Twelve Months): $4.03
• Trailing P/E Ratio: 12.40
• Forward P/E Ratio: 10.61
• P/E Growth: N/A
• Net Income: $91.75 million
• Net Margins: 19.76%
• Pretax Margin: 25.42%
• Return on Equity: 10.86%
• Return on Assets: 1.29%

Debt

• Debt-to-Equity Ratio: 0.03
• Current Ratio: 0.95
• Quick Ratio: 0.95

Sales & Book Value

• Annual Sales: $466.04 million
• Price / Sales: 2.85
• Cash Flow: $4.80 per share
• Price / Cash Flow: 10.41
• Book Value: $39.94 per share
• Price / Book: 1.25

Miscellaneous

• Outstanding Shares: 26,600,000
• Free Float: 25,006,000
• Market Cap: $1.33 billion
• Optionable: Optionable
• Beta: 0.80