First Mid Bancshares Future Growth

Future criteria checks 1/6

First Mid Bancshares's revenue is forecast to decline at 2.2% per annum while its annual earnings are expected to grow at 17.2% per year. EPS is expected to grow by 11.8% per annum.

Key information

17.2%

Earnings growth rate

11.82%

EPS growth rate

Banks earnings growth	8.3%
Revenue growth rate	-2.2%
Future return on equity	n/a
Analyst coverage	Good
Last updated	04 May 2026

Recent future growth updates

Recent updates

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

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...

Earnings and Revenue Growth Forecasts

NasdaqGM:FMBH - Analysts future estimates and past financials data (USD Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2027	336	131	N/A	N/A	7
12/31/2026	316	115	N/A	N/A	7
3/31/2026	351	96	101	108	N/A
12/31/2025	339	92	124	131	N/A
9/30/2025	335	87	121	127	N/A
6/30/2025	328	84	121	127	N/A
3/31/2025	322	81	138	143	N/A
12/31/2024	319	79	119	124	N/A
9/30/2024	316	78	111	115	N/A
6/30/2024	305	73	83	87	N/A
3/31/2024	288	70	77	81	N/A
12/31/2023	274	69	69	72	N/A
9/30/2023	259	72	51	55	N/A
6/30/2023	256	74	80	84	N/A
3/31/2023	259	76	56	62	N/A
12/31/2022	254	73	61	66	N/A
9/30/2022	249	69	72	77	N/A
6/30/2022	245	70	83	88	N/A
3/31/2022	242	64	70	72	N/A
12/31/2021	222	51	66	70	N/A
9/30/2021	213	48	75	77	N/A
6/30/2021	195	41	37	40	N/A
3/31/2021	172	39	66	68	N/A
12/31/2020	171	45	61	64	N/A
9/30/2020	166	44	50	54	N/A
6/30/2020	165	44	53	56	N/A
3/31/2020	170	45	58	62	N/A
12/31/2019	175	48	N/A	63	N/A
9/30/2019	172	46	N/A	58	N/A
6/30/2019	166	42	N/A	56	N/A
3/31/2019	155	42	N/A	49	N/A
12/31/2018	138	37	N/A	42	N/A
9/30/2018	127	31	N/A	40	N/A
6/30/2018	120	31	N/A	40	N/A
3/31/2018	117	29	N/A	45	N/A
12/31/2017	115	27	N/A	46	N/A
9/30/2017	115	29	N/A	45	N/A
6/30/2017	110	27	N/A	39	N/A
3/31/2017	101	23	N/A	34	N/A
12/31/2016	95	21	N/A	27	N/A
9/30/2016	89	18	N/A	25	N/A
6/30/2016	84	16	N/A	27	N/A
3/31/2016	80	15	N/A	20	N/A
12/31/2015	75	14	N/A	22	N/A
9/30/2015	71	13	N/A	20	N/A
6/30/2015	70	13	N/A	17	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: FMBH's forecast earnings growth (17.2% per year) is above the savings rate (3.5%).

Earnings vs Market: FMBH's earnings (17.2% per year) are forecast to grow slower than the US market (17.9% per year).

High Growth Earnings: FMBH's earnings are forecast to grow, but not significantly.

Revenue vs Market: FMBH's revenue is expected to decline over the next 3 years (-2.2% per year).

High Growth Revenue: FMBH's revenue is forecast to decline over the next 3 years (-2.2% per year).

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: Insufficient data to determine if FMBH's Return on Equity is forecast to be high in 3 years time

Discover growth companies

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2026/06/12 06:11
End of Day Share Price	2026/06/12 00:00
Earnings	2026/03/31
Annual Earnings	2025/12/31

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.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* 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 9 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.

Analyst	Institution
Jeffrey Rulis	D.A. Davidson & Co.
null null	D.A. Davidson & Co.
Brendan Nosal	Hovde Group, LLC

First Mid Bancshares Future Growth

Future criteria checks 1/6

Key information

Recent future growth updates

Price target increased by 7.0% to US$34.25

Consensus revenue estimates increase by 11%

Price target decreased by 7.2% to US$32.00

Price target decreased by 8.3% to US$33.00

Price target decreased by 7.7% to US$37.83

Consensus revenue estimates fall by 11%

Recent updates

First Mid Bancshares, Inc. Reports Net Charge-Offs for the First Quarter Ended March 31, 2026

First Mid Bancshares, Inc. and First Mid Bank & Trust, N.A. Announces Chief Executive Officer Changes, Effective July 1, 2026

First Mid Bancshares, Inc., Annual General Meeting, Apr 29, 2026

First Mid Bancshares, Inc. (NasdaqGM:FMBH) completed the acquisition of Two Rivers Financial Group, Inc. (OTCPK:TRVR).

First Mid Bancshares, Inc. Reports Unaudited Net Charge-Offs for the Fourth Quarter Ended December 31, 2025

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

First Mid Bancshares, Inc. Appoints Alex Melvin as Member of Audit Committee, the Compensation Committee, and the Nominating & Governance Committee of the Board, Effective December 16, 2025

First Mid Bancshares, Inc. Appoints Alex Melvin to the Board as Class I Director, Effective November 18, 2025

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

First Mid Bancshares, Inc. Approves Regular Quarterly Dividend, Payable on December 1, 2025

First Mid Bancshares, Inc. Announces Quarterly Dividend, Payable on August 29, 2025

First Mid Bancshares, Inc. Announces Executive Changes, on June 30, 2025

First Mid Bancshares, Inc. Announces Net Charge-Offs for the First Quarter Ended March 31, 2025

First Mid Bancshares, Inc. to Report Q1, 2025 Results on Apr 30, 2025

First Mid Bancshares, Inc., Annual General Meeting, Apr 30, 2025

First Mid Bancshares, Inc. Approves Regular Quarterly Dividend, Payable on February 28, 2025

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