DA Davidson Cuts Earnings Estimates for First Mid Bancshares

First Mid Bancshares, Inc. (NASDAQ:FMBH) – Equities research analysts at DA Davidson dropped their Q2 2025 earnings estimates for shares of First Mid Bancshares in a report issued on Friday, June 27th. DA Davidson analyst J. Rulis now forecasts that the bank will post earnings of $0.90 per share for the quarter, down from their previous 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) last issued its quarterly earnings data on Wednesday, April 30th. The bank reported $0.96 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.94 by $0.02. First Mid Bancshares had a return on equity of 9.90% and a net margin of 17.75%. The business had revenue of $85.21 million during the quarter, compared to analyst estimates of $58.29 million.

Other analysts have also issued reports about the stock. Stephens reaffirmed a “positive” rating on shares of First Mid Bancshares in a research note on Friday, May 2nd. Raymond James Financial restated an “outperform” rating and issued a $40.00 target price (down from $43.00) on shares of First Mid Bancshares in a report on Friday, May 2nd. Finally, Hovde Group dropped their target price on shares of 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 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 has a consensus rating of “Moderate Buy” and a consensus target price of $43.83.

First Mid Bancshares Stock Down 1.9%

FMBH opened at $37.49 on Monday. First Mid Bancshares has a one year low of $27.58 and a one year high of $43.86. The company has a market capitalization of $899.39 million, a PE ratio of 11.16 and a beta of 0.87. The stock’s fifty day moving average is $35.79 and its 200-day moving average is $36.04. The company has a debt-to-equity ratio of 0.25, a quick ratio of 0.94 and a current ratio of 0.94.

Institutional Trading of First Mid Bancshares

A number of hedge funds have recently bought and sold shares of the stock. Strs Ohio acquired a new position in shares of First Mid Bancshares during the first quarter valued at about $42,000. Jane Street Group LLC increased its stake in First Mid Bancshares by 494.1% during the first quarter. Jane Street Group LLC now owns 32,755 shares of the bank’s stock valued at $1,143,000 after acquiring an additional 27,242 shares during the period. Empowered Funds LLC raised its holdings in First Mid Bancshares by 31.5% in the 1st quarter. Empowered Funds LLC now owns 72,134 shares of the bank’s stock valued at $2,517,000 after acquiring an additional 17,266 shares in the last quarter. Jones Financial Companies Lllp lifted its position in shares of First Mid Bancshares by 1,662.9% in the 1st quarter. Jones Financial Companies Lllp now owns 4,231 shares of the bank’s stock worth $148,000 after acquiring an additional 3,991 shares during the period. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its position in shares of First Mid Bancshares by 4.2% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 13,566 shares of the bank’s stock worth $473,000 after acquiring an additional 550 shares during the period. 47.57% of the stock is owned by institutional investors.

First Mid Bancshares Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, May 30th. Investors of record on Thursday, May 15th were paid a dividend of $0.24 per share. This represents a $0.96 annualized dividend and a yield of 2.56%. The ex-dividend date was Thursday, May 15th. First Mid Bancshares’s payout ratio is currently 28.57%.

About First Mid Bancshares

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.