First Mid Bancshares, Inc.

NasdaqGM:FMBH Stock Report

Market Cap: US$1.3b

First Mid Bancshares Management

Management criteria checks 3/4

First Mid Bancshares' CEO is Matt Smith, appointed in Jun 2025, has a tenure of 1.08 years. total yearly compensation is $1.01M, comprised of 35.8% salary and 64.2% bonuses, including company stock and options. directly owns 0.086% of the company’s shares, worth $1.12M. The average tenure of the management team and the board of directors is 2.7 years and 6.5 years respectively.

Key information

Matt Smith

Chief executive officer

US$1.0m

Total compensation

CEO salary percentage35.81%
CEO tenure1.1yrs
CEO ownership0.09%
Management average tenure2.7yrs
Board average tenure6.5yrs

Recent management updates

Recent updates

Analysis Article • Jun 19

First Mid Bancshares (FMBH) Stock Could Be 50% Below Fair Value After Options Buzz

Options trading in First Mid Bancshares (FMBH) has drawn attention after the July 17, 2026 $55.00 call ranked among the highest implied volatility contracts, coinciding with a Zacks Rank #2 rating and higher near term earnings estimates. See our latest analysis for First Mid Bancshares. First Mid Bancshares shares, now at $45.86, have shown firm upward momentum with a 30 day share price return of 5.99% and a 90 day share price return of 16.28%. The 1 year total shareholder return of 32.85%...
Analysis Article • Jan 22

Do First Mid Bancshares' (NASDAQ:FMBH) Earnings Warrant Your Attention?

Investors are often guided by the idea of discovering 'the next big thing', even if that means buying 'story stocks...
Analysis Article • Nov 02

New Forecasts: Here's What Analysts Think The Future Holds For First Mid Bancshares, Inc. (NASDAQ:FMBH)

First Mid Bancshares, Inc. ( NASDAQ:FMBH ) shareholders will have a reason to smile today, with the analysts making...
Analysis Article • Aug 05

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

First Mid Bancshares, Inc.'s ( NASDAQ:FMBH ) dividend will be increasing from last year's payment of the same period to...
Analysis Article • Nov 18

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

The board of First Mid Bancshares, Inc. ( NASDAQ:FMBH ) has announced that it will pay a dividend on the 1st of...
Analysis Article • Jul 30

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

The board of First Mid Bancshares, Inc. ( NASDAQ:FMBH ) has announced that it will pay a dividend on the 1st of...
Analysis Article • Mar 10

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

For beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to...
Seeking Alpha • Aug 16

First Mid Bancshares goes ex-dividend tomorrow

First Mid Bancshares (NASDAQ:FMBH) had declared $0.23/share quarterly dividend, 4.5% increase from prior dividend of $0.22. Forward yield 2.34% Payable Sept. 1; for shareholders of record Aug. 18; ex-div Aug. 17. See FMBH Dividend Scorecard, Yield Chart, & Dividend Growth.
Analysis Article • Aug 08

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

The board of First Mid Bancshares, Inc. ( NASDAQ:FMBH ) has announced that it will be paying its dividend of $0.23 on...
Analysis Article • Mar 05

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

Today we'll take a closer look at First Mid Bancshares, Inc. ( NASDAQ:FMBH ) from a dividend investor's perspective...
Analysis Article • Nov 25

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

First Mid Bancshares, Inc. (NASDAQ:FMBH) stock is about to trade ex-dividend in 4 days. Ex-dividend means that...

CEO Compensation Analysis

How has Matt Smith's remuneration changed compared to First Mid Bancshares's earnings?
DateTotal CompensationSalaryCompany Earnings
Mar 31 2026n/an/a

US$96m

Dec 31 2025US$1mUS$362k

US$92m

Sep 30 2025n/an/a

US$87m

Jun 30 2025n/an/a

US$84m

Mar 31 2025n/an/a

US$81m

Dec 31 2024US$680kUS$315k

US$79m

Sep 30 2024n/an/a

US$78m

Jun 30 2024n/an/a

US$73m

Mar 31 2024n/an/a

US$70m

Dec 31 2023US$501kUS$280k

US$69m

Sep 30 2023n/an/a

US$72m

Jun 30 2023n/an/a

US$74m

Mar 31 2023n/an/a

US$76m

Dec 31 2022US$606kUS$278k

US$73m

Sep 30 2022n/an/a

US$69m

Jun 30 2022n/an/a

US$70m

Mar 31 2022n/an/a

US$64m

Dec 31 2021US$709kUS$264k

US$51m

Sep 30 2021n/an/a

US$48m

Jun 30 2021n/an/a

US$41m

Mar 31 2021n/an/a

US$39m

Dec 31 2020US$426kUS$253k

US$45m

Sep 30 2020n/an/a

US$44m

Jun 30 2020n/an/a

US$44m

Mar 31 2020n/an/a

US$45m

Dec 31 2019US$381kUS$226k

US$48m

Compensation vs Market: Matt's total compensation ($USD1.01M) is below average for companies of similar size in the US market ($USD5.16M).

Compensation vs Earnings: Matt's compensation has increased by more than 20% in the past year.

CEO

Matt Smith (51 yo)

1.1yrs
Tenure
US$1,010,238
Compensation

Mr. Matthew K. Smith, also known as Matt, serves as President at First Mid Bancshares, Inc. (formerly, First Mid-Illinois Bancshares, Inc.) since June 24, 2025 and has been its CEO & Director since July 1,...

Leadership Team

NamePositionTenureCompensationOwnership
Joseph Dively
Executive Chairman22.5yrsUS$2.11m0.41%
$ 5.4m
Matthew Smith
President1.1yrsUS$1.01m0.086%
$ 1.1m
Jordan Read
Executive VP1.1yrsUS$776.48k0.044%
$ 574.6k
Michael Taylor
Senior EVP & COOno dataUS$909.40k0.17%
$ 2.2m
Eric McRae
Executive VP & & Chief Lending Officerno dataUS$732.11k0.16%
$ 2.1m
Amanda Lewis
Executive VP & COO3yrsno data0.058%
$ 764.8k
Jeremy Frieburg
Senior VP & Chief Information Officer2.4yrsno data0.017%
$ 224.3k
Jason Crowder
Executive VP & General Counsel6.9yrsno data0.048%
$ 629.3k
Regina Nelson
EVP & Chief Marketing Officerless than a yearno datano data
Rhonda Gatons
Executive VP10.3yrsno data0.050%
$ 649.6k
Bradley Beesley
Executive VP & Chief Wealth Management Officer11.3yrsUS$780.86k0.060%
$ 780.3k
Anya Schuetz
Senior VP & Director of Project Management3.4yrsno data0.014%
$ 179.6k
2.7yrs
Average Tenure
54yo
Average Age

Experienced Management: FMBH's management team is considered experienced (2.7 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Joseph Dively
Executive Chairman22.5yrsUS$2.11m0.41%
$ 5.4m
Matthew Smith
Presidentno dataUS$1.01m0.086%
$ 1.1m
Paul Palmby
Independent Director1.7yrsUS$76.27k0.021%
$ 274.9k
James McCurry
Independent Director5.4yrsUS$77.27k0.024%
$ 308.1k
Mary Westerhold
Independent Director9.8yrsUS$80.27k1.14%
$ 15.0m
Holly Adams
Lead Independent Director14.2yrsUS$85.27k1.61%
$ 21.1m
Robert Cook
Independent Director12yrsUS$80.77k0.19%
$ 2.5m
James Zimmer
Independent Director12yrsUS$77.77k0.039%
$ 508.8k
Zachary Horn
Independent Director6.5yrsUS$75.27k0.025%
$ 331.1k
Gisele Marcus
Independent Director4.4yrsUS$76.27k0.013%
$ 167.3k
Alex Melvin
Independent Directorless than a yearUS$12.84k0.52%
$ 6.8m
6.5yrs
Average Tenure
55yo
Average Age

Experienced Board: FMBH's board of directors are considered experienced (6.5 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/07/20 08:51
End of Day Share Price 2026/07/17 00:00
Earnings2026/03/31
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

First Mid Bancshares, Inc. is covered by 11 analysts. 7 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Jeffrey RulisD.A. Davidson & Co.
null nullD.A. Davidson & Co.
Brendan NosalHovde Group, LLC