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

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

First Mid Bancshares (NASDAQ:FMBH) last issued its earnings results on Thursday, January 25th. The bank reported $0.94 earnings per share 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 analyst estimates of $77.10 million. First Mid Bancshares had a net margin of 17.82% and a return on equity of 10.71%. 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 Stock Performance

FMBH opened at $31.13 on Tuesday. The company has a debt-to-equity ratio of 0.36, a quick ratio of 0.91 and a current ratio of 0.91. The stock has a market capitalization of $743.70 million, a price-to-earnings ratio of 9.82 and a beta of 0.87. The company has a fifty day moving average of $30.69 and a 200 day moving average of $31.03. First Mid Bancshares has a fifty-two week low of $21.77 and a fifty-two week high of $35.83.

Analyst Ratings Changes

FMBH has been the topic of several research reports. Raymond James lifted 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 decreased their price objective on First Mid Bancshares from $40.00 to $38.00 and set an “overweight” rating on the stock in a report on Tuesday, January 30th. One investment analyst has rated the stock with a hold rating and four have assigned a buy rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus 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.