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

FMBH Stock Overview

A financial holding company, provides community banking products and services to commercial, retail, and agricultural customers in the United States. More details

FMBH fundamental analysis
Snowflake Score
Valuation	3/6
Future Growth	1/6
Past Performance	3/6
Financial Health	6/6
Dividends	4/6

Rewards

Trading at 46% below our estimate of its fair value

Earnings are forecast to grow 6.04% per year

Earnings grew by 8.8% over the past year

Risk Analysis

Unstable dividend track record

First Mid Bancshares, Inc. Competitors

FirstSun Capital Bancorp

NasdaqGS:FSUN

US$1.0b

Burke & Herbert Financial Services

NasdaqCM:BHRB

US$1.0b

Origin Bancorp

NYSE:OBK

US$1.1b

CrossFirst Bankshares

NasdaqGS:CFB

US$844.5m

Price History & Performance

Summary of all time highs, changes and price drops for First Mid Bancshares
Historical stock prices
Current Share Price	US$41.59
52 Week High	US$43.52
52 Week Low	US$28.86
Beta	0.88
11 Month Change	4.95%
3 Month Change	10.08%
1 Year Change	32.03%
33 Year Change	-5.35%
5 Year Change	17.12%
Change since IPO	868.04%

First Mid Bancshares (NASDAQ:FMBH) Is Increasing Its Dividend To $0.24

Aug 05

Recent updates

We Ran A Stock Scan For Earnings Growth And First Mid Bancshares (NASDAQ:FMBH) Passed With Ease

Mar 10

First Mid Bancshares goes ex-dividend tomorrow

Aug 16

First Mid Bancshares' (NASDAQ:FMBH) Shareholders Will Receive A Bigger Dividend Than Last Year

Aug 08

The Attractive Combination That Could Earn First Mid Bancshares, Inc. (NASDAQ:FMBH) A Place In Your Dividend Portfolio

Mar 05

First Mid Bancshares sees ~$2M one-off costs in 2021 on its branch optimization plans

Dec 04

First Mid Bancshares goes ex-dividend on Monday

Nov 28

First Mid Bancshares, Inc. (NASDAQ:FMBH) Looks Interesting, And It's About To Pay A Dividend

Nov 25

First Mid Bancshares EPS beats by $0.07, beats on revenue

Oct 29

Shareholder Returns

	FMBH	US Banks	US Market
7D	-3.7%	1.0%	-2.1%
1Y	32.0%	53.9%	29.6%

Return vs Industry: FMBH underperformed the US Banks industry which returned 53.9% over the past year.

Return vs Market: FMBH exceeded the US Market which returned 29.6% over the past year.

Price Volatility

Is FMBH's price volatile compared to industry and market?
FMBH volatility
FMBH Average Weekly Movement	5.4%
Banks Industry Average Movement	5.2%
Market Average Movement	6.2%
10% most volatile stocks in US Market	15.5%
10% least volatile stocks in US Market	3.1%

Stable Share Price: FMBH has not had significant price volatility in the past 3 months compared to the US market.

Volatility Over Time: FMBH's weekly volatility (5%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
1865	1,207	Joe Dively	www.firstmid.com

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.

First Mid Bancshares, Inc. Fundamentals Summary

How do First Mid Bancshares's earnings and revenue compare to its market cap?
FMBH fundamental statistics
Market cap	US$1.00b
Earnings (TTM)	US$77.80m
Revenue (TTM)	US$316.39m

12.8x

P/E Ratio

1.2x

P/B Ratio

Is FMBH overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
FMBH income statement (TTM)
Revenue	US$316.39m
Cost of Revenue	US$0
Gross Profit	US$316.39m
Other Expenses	US$238.59m
Earnings	US$77.80m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	3.25
Gross Margin	100.00%
Net Profit Margin	24.59%
Debt/Equity Ratio	65.1%

How did FMBH perform over the long term?

See historical performance and comparison

Dividends

2.3%

Current Dividend Yield

29%

Payout Ratio

Does FMBH pay a reliable dividends?

See FMBH dividend history and benchmarks

When do you need to buy FMBH by to receive an upcoming dividend?
First Mid Bancshares dividend dates
Ex Dividend Date	Nov 14 2024
Dividend Pay Date	Nov 29 2024
Days until Ex dividend	5 days
Days until Dividend pay date	10 days

Does FMBH pay a reliable dividends?

See FMBH dividend history and benchmarks

FMBH Stock Overview

Rewards

Risk Analysis

First Mid Bancshares, Inc. Competitors

NasdaqGS:FSUN

US$1.0b

NasdaqCM:BHRB

US$1.0b

NYSE:OBK

US$1.1b

NasdaqGS:CFB

US$844.5m

Price History & Performance

Recent News & Updates

First Mid Bancshares, Inc. Announces Regular Quarterly Dividend, Payable on November 29, 2024

First Mid Bancshares (NASDAQ:FMBH) Is Increasing Its Dividend To $0.24

First Mid Bancshares, Inc. Approves Quarterly Dividend, Payable on August 30, 2024

First quarter dividend of US$0.23 announced

First quarter 2024 earnings: EPS and revenues exceed analyst expectations

First Mid Bancshares, Inc. Announces Net Charge-Offs for the First Quarter Ended March 31, 2024

Recent updates

First Mid Bancshares, Inc. Announces Regular Quarterly Dividend, Payable on November 29, 2024

First Mid Bancshares (NASDAQ:FMBH) Is Increasing Its Dividend To $0.24

First Mid Bancshares, Inc. Approves Quarterly Dividend, Payable on August 30, 2024

First quarter dividend of US$0.23 announced

First quarter 2024 earnings: EPS and revenues exceed analyst expectations

First Mid Bancshares, Inc. Announces Net Charge-Offs for the First Quarter Ended March 31, 2024

Full year 2023 earnings: EPS misses analyst expectations

Upcoming dividend of US$0.23 per share at 3.0% yield

Fourth quarter dividend of US$0.23 announced

Full year 2023 earnings: EPS misses analyst expectations

First Mid Bancshares, Inc. Approves Regular Quarterly Dividend, Payable on March 1, 2024

Director recently sold US$371k worth of stock

First Mid Bancshares (NASDAQ:FMBH) Has Affirmed Its Dividend Of $0.23

First Mid Bancshares, Inc. Declares Quarterly Cash Dividend, Payable on December 1, 2023

Third quarter 2023 earnings: EPS exceeds analyst expectations while revenues lag behind

New minor risk - Shareholder dilution

First Mid Bancshares, Inc. Announces Board Appointments

Price target increased by 7.0% to US$34.25

Upcoming dividend of US$0.23 per share at 3.0% yield

Consensus revenue estimates increase by 11%

First Mid Bancshares (NASDAQ:FMBH) Has Affirmed Its Dividend Of $0.23

First Mid Bancshares, Inc. Declares Quarterly Dividend, Payable on September 1, 2023

Second quarter 2023 earnings: EPS exceeds analyst expectations while revenues lag behind

Price target decreased by 7.2% to US$32.00

Independent Director recently bought US$225k worth of stock

Upcoming dividend of US$0.23 per share at 4.0% yield

Price target decreased by 8.3% to US$33.00

Investor sentiment deteriorates as stock falls 16%

We Ran A Stock Scan For Earnings Growth And First Mid Bancshares (NASDAQ:FMBH) Passed With Ease

Full year 2022 earnings: EPS exceeds analyst expectations while revenues lag behind

Price target decreased by 7.7% to US$37.83

Upcoming dividend of US$0.23 per share at 2.7% yield

Consensus revenue estimates fall by 11%

First Mid Bancshares, Inc. Approves Regular Quarterly Dividend, Payable on March 1, 2023

Full year 2022 earnings: EPS exceeds analyst expectations while revenues lag behind

Upcoming dividend of US$0.23 per share

Third quarter 2022 earnings: EPS and revenues miss analyst expectations

First Mid Bancshares, Inc. Approves Regular Quarterly Dividend, Payable on December 1, 2022

First Mid Bancshares goes ex-dividend tomorrow

Upcoming dividend of US$0.23 per share

First Mid Bancshares' (NASDAQ:FMBH) Shareholders Will Receive A Bigger Dividend Than Last Year

First Mid Bancshares, Inc. Approves Quarterly Dividend, Payable on September 1, 2022

Second quarter 2022 earnings released: EPS: US$0.87 (vs US$0.68 in 2Q 2021)

Price target decreased to US$45.20

Upcoming dividend of US$0.22 per share

Price target decreased to US$45.80

First quarter 2022 earnings: EPS exceeds analyst expectations while revenues lag behind

First Mid Bancshares, Inc. Approves Quarterly Dividend, Payable on June 1, 2022

Full year 2021 earnings: Revenues and EPS in line with analyst expectations

First Mid Bancshares, Inc. (NasdaqGM:FMBH) completed the acquisition of Delta Bancshares Company.

Upcoming dividend of US$0.22 per share

First Mid Bancshares, Inc. Appoints Gisele A. Marcus as Board of Director

Full year 2021 earnings: Revenues and EPS in line with analyst expectations

First Mid Bancshares, Inc. Reports Net Charge-Offs for the Fourth Quarter Ended December 31, 2021

Upcoming dividend of US$0.22 per share

Third quarter 2021 earnings released: EPS US$1.01 (vs US$0.69 in 3Q 2020)

Upcoming dividend of US$0.22 per share

Second quarter 2021 earnings released: EPS US$0.68 (vs US$0.61 in 2Q 2020)

Upcoming dividend of US$0.20 per share