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S&P 500   4,280.15
DOW   33,761.05
QQQ   330.39
Sinema took Wall Street money while killing tax on investors
Biden's Plan to Confiscate Your Cash? (Ad)
Climate bill: Could coal communities shift to nuclear?
Shelling kills 1 in Ukraine; Russia wants nuke plant pledges
High oil prices help Saudi Aramco earn $88B in first half
Biden's Plan to Confiscate Your Cash? (Ad)
Former Deutsche Bank Co-CEO Anshu Jain dies
Ship carrying grain for hungry Ethiopia leaves Ukraine
Saudi oil company Aramco's half-year profits reach close to $88 billion after posting a 90% surge in second quarter
MUST WATCH: Unusual 3-second financial maneuver (Ad)
S&P 500   4,280.15
DOW   33,761.05
QQQ   330.39
Sinema took Wall Street money while killing tax on investors
Biden's Plan to Confiscate Your Cash? (Ad)
Climate bill: Could coal communities shift to nuclear?
Shelling kills 1 in Ukraine; Russia wants nuke plant pledges
High oil prices help Saudi Aramco earn $88B in first half
Biden's Plan to Confiscate Your Cash? (Ad)
Former Deutsche Bank Co-CEO Anshu Jain dies
Ship carrying grain for hungry Ethiopia leaves Ukraine
Saudi oil company Aramco's half-year profits reach close to $88 billion after posting a 90% surge in second quarter
MUST WATCH: Unusual 3-second financial maneuver (Ad)
S&P 500   4,280.15
DOW   33,761.05
QQQ   330.39
Sinema took Wall Street money while killing tax on investors
Biden's Plan to Confiscate Your Cash? (Ad)
Climate bill: Could coal communities shift to nuclear?
Shelling kills 1 in Ukraine; Russia wants nuke plant pledges
High oil prices help Saudi Aramco earn $88B in first half
Biden's Plan to Confiscate Your Cash? (Ad)
Former Deutsche Bank Co-CEO Anshu Jain dies
Ship carrying grain for hungry Ethiopia leaves Ukraine
Saudi oil company Aramco's half-year profits reach close to $88 billion after posting a 90% surge in second quarter
MUST WATCH: Unusual 3-second financial maneuver (Ad)
NASDAQ:FMBH

First Mid Bancshares - FMBH Stock Forecast, Price & News

$38.94
+0.56 (+1.46%)
(As of 08/12/2022 12:00 AM ET)
Add
Compare
Today's Range
$38.42
$38.96
50-Day Range
$35.41
$38.94
52-Week Range
$35.05
$45.84
Volume
26,770 shs
Average Volume
31,079 shs
Market Capitalization
$796.32 million
P/E Ratio
10.64
Dividend Yield
2.26%
Price Target
$45.00

First Mid Bancshares MarketRank™ Forecast

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
15.6% Upside
$45.00 Price Target
Short Interest
Healthy
1.86% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
N/A
News Sentiment
1.50mentions of First Mid Bancshares in the last 14 days
Based on 5 Articles This Week
Insider Trading
Acquiring Shares
$19,237 Bought Last Quarter
Proj. Earnings Growth
8.42%
From $3.80 to $4.12 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.70 out of 5 stars

Finance Sector

220th out of 926 stocks

State Commercial Banks Industry

46th out of 193 stocks

FMBH stock logo

About First Mid Bancshares (NASDAQ:FMBH) Stock

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; and other loans comprising loans to municipalities to support community projects, such as infrastructure improvements or equipment purchases. It also offers wealth management services, which include estate planning, investment, and farm management and brokerage services for individuals; and employee benefit services for business enterprises. In addition, the company provides property and casualty, senior insurance products, and group medical insurance for businesses; and personal lines insurance to individuals. It operates through a network of 52 banking centers in Illinois and 14 offices in Missouri, as well as a loan production office in Indiana. The company was formerly known as First Mid-Illinois Bancshares, Inc. and changed its name to First Mid Bancshares, Inc. in April 2019. First Mid Bancshares, Inc. was founded in 1865 and is headquartered in Mattoon, Illinois.

Analyst Ratings Changes

A number of research analysts recently issued reports on FMBH shares. StockNews.com downgraded First Mid Bancshares from a "buy" rating to a "hold" rating in a research note on Tuesday, July 5th. Raymond James upgraded First Mid Bancshares from a "market perform" rating to an "outperform" rating and set a $45.00 price target on the stock in a research note on Thursday, July 7th.

First Mid Bancshares Stock Performance

NASDAQ:FMBH traded up $0.56 during mid-day trading on Friday, reaching $38.94. 26,770 shares of the stock were exchanged, compared to its average volume of 31,079. The company has a 50 day simple moving average of $36.87 and a 200-day simple moving average of $38.10. The stock has a market capitalization of $796.32 million, a P/E ratio of 10.64 and a beta of 0.85. The company has a quick ratio of 0.82, a current ratio of 0.86 and a debt-to-equity ratio of 0.78. First Mid Bancshares has a 1 year low of $35.05 and a 1 year high of $45.84.

First Mid Bancshares (NASDAQ:FMBH - Get Rating) last announced its earnings results on Thursday, July 28th. The bank reported $0.90 earnings per share for the quarter, missing the consensus estimate of $0.91 by ($0.01). First Mid Bancshares had a net margin of 25.93% and a return on equity of 11.58%. The company had revenue of $65.39 million during the quarter, compared to analysts' expectations of $65.63 million. Analysts anticipate that First Mid Bancshares will post 3.8 earnings per share for the current fiscal year.

First Mid Bancshares Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, September 1st. Shareholders of record on Thursday, August 18th will be paid a $0.23 dividend. This is an increase from First Mid Bancshares's previous quarterly dividend of $0.22. This represents a $0.92 annualized dividend and a dividend yield of 2.36%. The ex-dividend date of this dividend is Wednesday, August 17th. First Mid Bancshares's dividend payout ratio (DPR) is 24.04%.

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FMBH Stock News Headlines

First Mid Bancshares goes ex-dividend tomorrow
Recap: First Mid Bancshares Q4 Earnings
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FMBH Company Calendar

Ex-Dividend for 6/1 Dividend
5/17/2022
Dividend Payable
6/01/2022
Last Earnings
7/28/2022
Today
8/14/2022
Ex-Dividend for 9/1 Dividend
8/17/2022
Dividend Payable
9/01/2022
Next Earnings (Estimated)
10/27/2022
Fiscal Year End
12/31/2022

Industry, Sector and Symbol

Industry
State commercial banks
Sub-Industry
N/A
Sector
Finance
Current Symbol
NASDAQ:FMBH
Fax
N/A
Employees
1,050
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$45.00
High Stock Price Forecast
$45.00
Low Stock Price Forecast
$45.00
Forecasted Upside/Downside
+15.6%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
1 Analysts

Profitability

Net Income
$51.49 million
Pretax Margin
33.81%

Debt

Sales & Book Value

Annual Sales
$252.78 million
Cash Flow
$4.66 per share
Book Value
$30.62 per share

Miscellaneous

Free Float
18,491,000
Market Cap
$796.32 million
Optionable
Not Optionable
Beta
0.85

Key Executives

  • Mr. Joseph R. Dively (Age 63)
    Chairman, Pres & CEO
    Comp: $1.33M
  • Mr. Matthew K. Smith CPA (Age 47)
    Exec. VP & CFO
    Comp: $588.38k
  • Mr. Michael L. Taylor (Age 53)
    Sr. EVP & COO
    Comp: $719.28k
  • Mr. Bradley L. Beesley (Age 50)
    Exec. VP & Chief Wealth Management Officer
    Comp: $615.4k
  • Mr. Eric S. McRae (Age 57)
    Exec. VP & Chief Lending Officer
    Comp: $761.51k
  • Mr. David R. Hiden (Age 59)
    Sr. VP & Chief Information Officer
  • Mr. Jason M. Crowder (Age 51)
    SVP & Gen. Counsel
  • Ms. Rhonda R. Gatons (Age 50)
    Sr. VP & Chief HR Officer
  • Ms. Laurel G. Allenbaugh (Age 62)
    Exec. VP & COO
  • Ms. Amanda D. Lewis (Age 42)
    Exec. VP & Chief Deposit Services Officer













FMBH Stock - Frequently Asked Questions

Should I buy or sell First Mid Bancshares stock right now?

1 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for First Mid Bancshares in the last twelve months. There are currently 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "buy" FMBH shares.
View FMBH analyst ratings
or view top-rated stocks.

What is First Mid Bancshares' stock price forecast for 2022?

1 equities research analysts have issued twelve-month price targets for First Mid Bancshares' shares. Their FMBH share price forecasts range from $45.00 to $45.00. On average, they expect the company's share price to reach $45.00 in the next year. This suggests a possible upside of 15.6% from the stock's current price.
View analysts price targets for FMBH
or view top-rated stocks among Wall Street analysts.

How have FMBH shares performed in 2022?

First Mid Bancshares' stock was trading at $42.79 on January 1st, 2022. Since then, FMBH shares have decreased by 9.0% and is now trading at $38.94.
View the best growth stocks for 2022 here
.

When is First Mid Bancshares' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, October 27th 2022.
View our FMBH earnings forecast
.

How were First Mid Bancshares' earnings last quarter?

First Mid Bancshares, Inc. (NASDAQ:FMBH) issued its quarterly earnings data on Thursday, July, 28th. The bank reported $0.90 earnings per share for the quarter, missing analysts' consensus estimates of $0.91 by $0.01. The bank earned $65.39 million during the quarter, compared to the consensus estimate of $65.63 million. First Mid Bancshares had a net margin of 25.93% and a trailing twelve-month return on equity of 11.58%.

How often does First Mid Bancshares pay dividends? What is the dividend yield for First Mid Bancshares?

First Mid Bancshares declared a quarterly dividend on Thursday, July 28th. Shareholders of record on Thursday, August 18th will be paid a dividend of $0.23 per share on Thursday, September 1st. This represents a $0.92 dividend on an annualized basis and a dividend yield of 2.36%. The ex-dividend date is Wednesday, August 17th. This is a boost from the stock's previous quarterly dividend of $0.22.
Read our dividend analysis for FMBH
.

Is First Mid Bancshares a good dividend stock?

First Mid Bancshares (NASDAQ:FMBH) pays an annual dividend of $0.88 per share and currently has a dividend yield of 2.29%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 24.04%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, FMBH will have a dividend payout ratio of 21.36% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for FMBH.

What is Joe Dively's approval rating as First Mid Bancshares' CEO?

15 employees have rated First Mid Bancshares Chief Executive Officer Joe Dively on Glassdoor.com. Joe Dively has an approval rating of 100% among the company's employees. This puts Joe Dively in the top 10% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of First Mid Bancshares own?

Based on aggregate information from My MarketBeat watchlists, some companies that other First Mid Bancshares investors own include Exxon Mobil (XOM), Enbridge (ENB), NXP Semiconductors (NXPI), AbbVie (ABBV), Bristol-Myers Squibb (BMY), Harley-Davidson (HOG), International Business Machines (IBM), Lithia Motors (LAD), Altria Group (MO) and ONEOK (OKE).

What is First Mid Bancshares' stock symbol?

First Mid Bancshares trades on the NASDAQ under the ticker symbol "FMBH."

Who are First Mid Bancshares' major shareholders?

First Mid Bancshares' stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Kennedy Capital Management Inc. (1.26%), Northern Trust Corp (0.96%), Russell Investments Group Ltd. (0.33%), Swiss National Bank (0.21%), Victory Capital Management Inc. (0.21%) and HoldCo Asset Management LP (0.16%). Insiders that own company stock include David R Hiden, James Kyle Mccurry, Mary Westerhold, Ray A Sparks and Rhonda G Gatons.
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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is First Mid Bancshares' stock price today?

One share of FMBH stock can currently be purchased for approximately $38.94.

How much money does First Mid Bancshares make?

First Mid Bancshares (NASDAQ:FMBH) has a market capitalization of $796.32 million and generates $252.78 million in revenue each year. The bank earns $51.49 million in net income (profit) each year or $3.66 on an earnings per share basis.

How many employees does First Mid Bancshares have?

The company employs 1,050 workers across the globe.

How can I contact First Mid Bancshares?

First Mid Bancshares' mailing address is 1421 CHARLESTON AVENUE, MATTOON IL, 61938. The official website for the company is www.firstmid.com. The bank can be reached via phone at (217) 234-7454 or via email at aholt@firstmid.com.

This page (NASDAQ:FMBH) was last updated on 8/14/2022 by MarketBeat.com Staff

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