First Mid Bancshares (FMBH) Scheduled to Post Earnings on Wednesday

First Mid Bancshares (NASDAQ:FMBH) is set to release its earnings data on Wednesday, April 24th.

First Mid Bancshares (NASDAQ:FMBH) last released its earnings results on Thursday, January 25th. The bank reported $0.94 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.83 by $0.11. The firm had revenue of $79.23 million during the quarter, compared to analysts’ expectations of $77.10 million. First Mid Bancshares had a return on equity of 10.71% and a net margin of 17.82%. On average, analysts expect First Mid Bancshares to post $3 EPS for the current fiscal year and $3 EPS for the next fiscal year.

First Mid Bancshares Price Performance

FMBH stock opened at $31.13 on Tuesday. The stock has a 50-day moving average price of $30.69 and a two-hundred day moving average price of $31.03. The stock has a market cap of $743.70 million, a PE ratio of 9.82 and a beta of 0.87. The company has a current ratio of 0.91, a quick ratio of 0.91 and a debt-to-equity ratio of 0.36. First Mid Bancshares has a 1 year low of $21.77 and a 1 year high of $35.83.

Wall Street Analyst Weigh In

A number of equities analysts have issued reports on FMBH shares. Raymond James increased their target price on First Mid Bancshares from $34.00 to $38.00 and gave the stock an “outperform” rating in a report on Monday, January 29th. Stephens lowered their target price on First Mid Bancshares from $40.00 to $38.00 and set an “overweight” rating for the company in a report on Tuesday, January 30th. One equities research analyst has rated the stock with a hold rating and four have assigned a buy rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $36.50.

First Mid Bancshares Company Profile

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.