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FMBH Overview

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$
0.000
0.000(0.000%)
At close
0.000(0.000%)Aft-market
ET
$
0.000
0.000(0.000%)
At close
0.000(0.000%)Aft-market
ET
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Intellectia

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High
44.400
Open
44.120
VWAP
43.73
Vol
115.73K
Mkt Cap
1.16B
Low
43.235
Amount
5.06M
EV/EBITDA(TTM)
12.04
Total Shares
26.61M
EV
1.65B
EV/OCF(TTM)
12.63
P/S(TTM)
3.05
First Mid Bancshares, Inc. is a financial holding company. It is the parent company of First Mid Bank & Trust, N.A., First Mid Insurance Group, Inc., First Mid Wealth Management Co., and Two Rivers Bank & Trust. The Company provides a full suite of financial services including banking, wealth management, brokerage, Ag services, and insurance through a sizeable network of locations throughout Illinois, Missouri, Texas, and Wisconsin and a loan production office in the greater Indianapolis area. The Company offers insurance products and services to customers through its wholly owned subsidiary. It is engaged in the business of banking through its subsidiary, First Mid Bank & Trust, N.A. It offers insurance products and services to customers through its subsidiary, First Mid Insurance Group, Inc. It offers trust, farm services, investment services, and retirement planning through its subsidiary, First Mid Wealth Management Company.
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Events Timeline

(ET)
2026-04-29
17:30:00
First Mid Bancshares Leadership Transition, Matthew Smith Appointed CEO
select
2026-04-29
17:30:00
First Mid Bancshares Leadership Transition, Matthew Smith Named CEO
select
2026-04-29
16:50:00
Company Reports Q1 Tangible Book Value Per Share of $30.04
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2026-03-02 (ET)
2026-03-02
10:10:00
First Mid Bancshares Completes Acquisition of Two Rivers Financial Group
select

News

seekingalpha
5.0
04-29seekingalpha
First Mid Bancshares Appoints New CEO
  • Leadership Transition: First Mid Bancshares announced the appointment of Matt Smith as CEO and President effective July 1, 2026, marking a planned leadership transition aimed at ensuring ongoing business development and stability.
  • Current CEO Role Shift: Current CEO Joe Dively will become Executive Chairman, continuing to oversee board strategy, governance, and M&A activities, which will help maintain strategic consistency in future acquisitions.
  • Background of Matt Smith: Having been with First Mid since 2016 and previously serving as CFO, Matt Smith brings extensive financial management experience that will provide a solid foundation for his new role, expected to drive further growth in the financial services sector.
  • Strategic Objectives: This leadership change not only recognizes internal talent but also reflects First Mid's commitment to future growth, aiming to enhance market competitiveness through effective leadership and strategic execution.
Newsfilter
5.0
04-29Newsfilter
First Mid Bancshares Announces Leadership Transition
  • Leadership Transition: First Mid Bancshares announced that current President Matthew K. Smith will become CEO effective July 1, 2026, succeeding Joseph R. Dively, who will transition to Executive Chairman, ensuring continuity in company strategy and culture.
  • Asset Growth: Under Smith's leadership, First Mid has seen total assets grow from approximately $2.8 billion to $9.3 billion since 2016, demonstrating success in capital planning and M&A activities, further solidifying its market position.
  • Commitment to Service: Smith emphasized a continued focus on exceptional customer service, community support, and disciplined risk management, ensuring the company remains competitive in delivering long-term returns, reflecting a strong commitment to its mission.
  • Governance and Strategy: Dively will continue to oversee the company's M&A strategy, ensuring alignment with Smith, highlighting First Mid's emphasis on strong governance and sustained growth, further driving expansion in the financial services sector.
seekingalpha
9.5
04-29seekingalpha
First Mid Bancshares Q1 Financial Highlights
  • Earnings Growth: First Mid Bancshares reported a Q1 non-GAAP EPS of $1.14, indicating a sustained enhancement in profitability, reflecting effective management in loan and deposit growth.
  • Significant Loan and Deposit Increases: Total loans reached $6.94 billion, with a quarterly increase of $932.9 million, while total deposits rose to $7.55 billion, up $1.15 billion quarter-over-quarter, demonstrating the company's competitive strength and increased customer trust.
  • Net Interest Margin Expansion: The tax-equivalent net interest margin expanded to 3.78%, a quarterly increase of 5 basis points, showcasing the company's adaptability in changing interest rate environments, which aids in improving overall profitability.
  • Shareholder Return Initiatives: The company repurchased 12,686 shares and declared a regular quarterly dividend of $0.25 per share, reflecting a commitment to shareholder returns while enhancing market confidence in the company's future growth.
Newsfilter
8.5
03-02Newsfilter
First Mid Bancshares Completes Acquisition of Two Rivers Financial Group
  • Acquisition Completed: First Mid Bancshares, Inc. has successfully completed the acquisition of Two Rivers Financial Group, Inc., which had approximately $1.2 billion in assets, $883 million in loans, and $1 billion in deposits as of December 31, 2025, enhancing First Mid's market position.
  • Asset Integration: This acquisition increases First Mid's total assets to approximately $9.1 billion and trust and wealth management assets to $7.9 billion, further solidifying its leadership in the financial services sector.
  • Customer Service Commitment: There will be no immediate changes for Two Rivers' customers, with account conversions expected in June, and First Mid pledges to inform customers well in advance of any changes that may affect them, ensuring a smooth transition.
  • Strategic Expansion: CEO Joe Dively expressed excitement in welcoming Two Rivers' customers and employees, emphasizing the intention to strengthen relationships through expanded services, showcasing the company's confidence in future growth.
seekingalpha
9.5
01-29seekingalpha
First Mid Bancshares Reports Strong Q4 Earnings and Acquisition Approval
  • Earnings Performance: First Mid Bancshares reported a Q4 non-GAAP EPS of $1.06, indicating sustained growth in profitability, which reflects the company's robust financial management and competitive positioning in the market.
  • Loan and Deposit Growth: Total loans reached $6.01 billion, with a quarterly increase of $187.3 million, or 3.2%, and a year-over-year increase of 6.0%; total deposits amounted to $6.40 billion, with a quarterly increase of $105.7 million, or 1.7%, and a year-over-year increase of 5.6%, demonstrating strong performance in both lending and deposit activities.
  • Tangible Book Value Increase: Tangible book value per share increased by 4.3% during the quarter to $29.42, with a year-over-year increase of 20.3%, which not only enhances shareholder wealth but also provides a stronger foundation for future capital operations.
  • Acquisition Approval and Dividend: The company received regulatory approval for the acquisition of Two Rivers Financial Group, Inc., while the Board declared a regular quarterly dividend of $0.25 per share, showcasing a dual strategy of business expansion and shareholder returns.
seekingalpha
8.0
01-29seekingalpha
First Mid Bancshares Declares Quarterly Dividend
  • Quarterly Dividend Announcement: First Mid Bancshares declares a quarterly dividend of $0.25 per share, consistent with previous distributions, indicating the company's stable cash flow and profitability.
  • Yield Information: The forward yield of 2.33% provides investors with a relatively attractive return, enhancing market interest in the stock.
  • Shareholder Record Dates: The dividend will be payable on February 27, with a record date of February 12 and an ex-dividend date also on February 12, ensuring shareholders receive their dividends promptly.
  • Financial Performance Overview: First Mid Bancshares reports a non-GAAP EPS of $1.06 and revenue of $88 million, reflecting the company's robust performance in the current economic environment.
Wall Street analysts forecast FMBH stock price to rise
1 Analyst Rating
Wall Street analysts forecast FMBH stock price to rise
1 Buy
0 Hold
0 Sell
Moderate Buy
Current: 0.000
sliders
Low
48.00
Averages
48.00
High
48.00
Current: 0.000
sliders
Low
48.00
Averages
48.00
High
48.00
DA Davidson
Neutral
maintain
$44 -> $47
AI Analysis
2026-05-04
New
Reason
DA Davidson
Price Target
$44 -> $47
AI Analysis
2026-05-04
New
maintain
Neutral
Reason
DA Davidson raised the firm's price target on First Mid Bancshares to $47 from $44 and keeps a Neutral rating on the shares. The firm cites the company's solid Q1 results, highlighted by organic balance sheet growth, strong net interest income and fee income growth, and a seamless deal close with Two Rivers Financial Group, .the analyst tells investors in a research note.
Keefe Bruyette
Market Perform
maintain
$46 -> $48
2026-05-01
Reason
Keefe Bruyette
Price Target
$46 -> $48
2026-05-01
maintain
Market Perform
Reason
Keefe Bruyette raised the firm's price target on First Mid Bancshares to $48 from $46 and keeps a Market Perform rating on the shares.
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Valuation Metrics

The current forward P/E ratio for First Mid Bancshares Inc (FMBH.O) is 12.05, compared to its 5-year average forward P/E of 9.95. For a more detailed relative valuation and DCF analysis to assess First Mid Bancshares Inc's fair value, Click here.

Forward PE

The forward P/E ratio is a valuation metric that divides a company's current stock price by its estimated future earnings per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average PE
9.95
Current PE
12.05
Overvalued PE
11.18
Undervalued PE
8.72

Forward EV/EBITDA

The forward EV/EBITDA ratio is a valuation metric that divides a company's enterprise value (EV) by its estimated future earnings before interest, taxes, depreciation, and amortization (EBITDA) over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
N/A
5Y Average EV/EBITDA
1.11
Current EV/EBITDA
8.21
Overvalued EV/EBITDA
5.37
Undervalued EV/EBITDA
-3.14

Forward PS

The forward P/S ratio is a valuation metric that divides a company's current stock price by its estimated future sales (or revenue) per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average PS
3.52
Current PS
3.45
Overvalued PS
4.01
Undervalued PS
3.02

Financials

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Holding
FMBH
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Frequently Asked Questions

What is First Mid Bancshares Inc (FMBH) stock price today?

The current price of FMBH is 43.57 USD — it has decreased -0.21

What is First Mid Bancshares Inc (FMBH)'s business?

First Mid Bancshares, Inc. is a financial holding company. It is the parent company of First Mid Bank & Trust, N.A., First Mid Insurance Group, Inc., First Mid Wealth Management Co., and Two Rivers Bank & Trust. The Company provides a full suite of financial services including banking, wealth management, brokerage, Ag services, and insurance through a sizeable network of locations throughout Illinois, Missouri, Texas, and Wisconsin and a loan production office in the greater Indianapolis area. The Company offers insurance products and services to customers through its wholly owned subsidiary. It is engaged in the business of banking through its subsidiary, First Mid Bank & Trust, N.A. It offers insurance products and services to customers through its subsidiary, First Mid Insurance Group, Inc. It offers trust, farm services, investment services, and retirement planning through its subsidiary, First Mid Wealth Management Company.

What is the price predicton of FMBH Stock?

Wall Street analysts forecast FMBH stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for FMBH is48.00 USD with a low forecast of 48.00 USD and a high forecast of 48.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.

What is First Mid Bancshares Inc (FMBH)'s revenue for the last quarter?

First Mid Bancshares Inc revenue for the last quarter amounts to 86.30M USD, increased 3.64

What is First Mid Bancshares Inc (FMBH)'s earnings per share (EPS) for the last quarter?

First Mid Bancshares Inc. EPS for the last quarter amounts to 0.99 USD, increased 22.22

How many employees does First Mid Bancshares Inc (FMBH). have?

First Mid Bancshares Inc (FMBH) has 1170 emplpoyees as of May 07 2026.

What is First Mid Bancshares Inc (FMBH) market cap?

Today FMBH has the market capitalization of 1.16B USD.