First Mid Bancshares, Inc. (FMBH)

Several events have impacted First Mid Bancshares' stock price in the past six months. On October 30, 2025, the company announced record high quarterly net income and a merger with Two Rivers Financial Group. On October 15, 2025, First Mid Bank & Trust highlighted opportunities for homeowners in home equity loans and lines of credit. On July 7, 2025, First Mid Bank & Trust selected Jack Henry to modernize its technology infrastructure. On April 30, 2025, First Mid Bancshares announced record high quarterly net income. In Q3 2025, the company completed a core system conversion and closed eight branches. In Q4 2025, First Mid Bancshares is anticipating the acquisition of Ray Farm Management Services, Inc.

There is evidence of demand seasonality for First Mid Bancshares' products and services, particularly within its wealth management and Ag Services. The company noted a decline in wealth management revenue in the first quarter of 2025 due to the seasonal nature of farmland sales.

First Mid Bancshares, Inc. is a financial holding company operating primarily in the banking industry. It is the parent company of First Mid Bank & Trust, N.A., First Mid Insurance Group, Inc., and First Mid Wealth Management Co. The company's sector is Financials, and its industry is categorized as Banks - Regional and State Commercial Banks. First Mid Bancshares offers a full range of financial products and services, including banking, wealth management, brokerage services, ag services, and insurance.

First Mid Bancshares operates through a significant network of locations across Illinois, Missouri, Texas, and Wisconsin. It also maintains a loan production office in the greater Indianapolis area, Indiana.

First Mid Bancshares has a long-standing history, tracing its roots back to 1865, and prides itself on being a community-focused organization. The company emphasizes strong, principled values and aims to contribute to the economic growth of the areas it serves. The company's consistent delivery of strong financial results, the strategic decision to modernize its technology infrastructure, the completion of a core system conversion and branch closures, and the announced merger with Two Rivers Financial Group all reflect on its reputation.

First Mid Bancshares is owned by 46.62% institutional shareholders, 25.32% First Mid Bancshares insiders, and 28.06% retail investors. Major institutional owners include Blackrock, Inc., Vanguard Group Inc., and Dimensional Fund Advisors Lp. Key individual insiders and their ownership include Charles A. Adams (5.51% of the company, 1.32M shares), Gary W. Melvin, and Elizabeth L. Celio.