First Mid Bancshares, Inc. (FMBH)

First Mid Bancshares, Inc. completed the acquisition of Two Rivers Financial Group, Inc. on March 2, 2026, adding significant assets, loans, deposits, and trust/wealth assets. The company reported strong financial results for Q4 2025, with an adjusted diluted EPS of $1.06 and a record high quarterly net income of $23.7 million. A dividend of $0.2500 per share was declared on January 29, 2026. The stock hit a 52-week high of $43.38 on January 22, 2026, and as of February 24, 2026, the share price was $41.93. There was insider buying activity in February 2026, while some institutional investors sold shares. The stock experienced a 5.8% decline in the week prior to October 13, 2025. First Mid Bancshares reported quarterly earnings of $0.97 per share for Q3 2025, with revenues of $89.27 million and a net interest margin of 3.80%.

The demand for First Mid Bancshares, Inc.'s products and services exhibits some seasonality. Insurance revenues are seasonally highest in the first quarter of the year. Seasonality analysis can reveal recurring patterns in asset prices over a calendar year for FMBH.

First Mid Bancshares, Inc., headquartered in Mattoon, Illinois, operates as a financial holding company in the Financial Services sector, specifically Regional Banks. It provides financial services through subsidiaries like First Mid Bank & Trust, N.A., First Mid Insurance Group, Inc., and First Mid Wealth Management Company. The company offers community banking products and services, including deposit and loan products, to commercial, retail, and agricultural customers. Wealth management services include trust, farm, investment, retirement, and estate planning, along with employee benefit services. Insurance offerings cover property and casualty, senior insurance products, group medical insurance, and personal lines insurance. Brokerage and ag services are also part of their suite.

First Mid Bancshares, Inc. operates across Illinois, Missouri, Texas, Wisconsin, and Iowa, with a loan production office in Indiana. The corporate office is located in Mattoon, Illinois.

First Mid Bancshares, Inc. was named a "Top Workplace by USA Today" in April 2024, indicating a positive internal environment. No significant negative events impacting the company's brand reputation within the past year (March 2025 - March 2026) were found in the provided search results.

First Mid Bancshares, Inc. has a diverse ownership structure. Institutional investors hold a significant portion, approximately 47% to 60% of the shares. Major institutional owners include BlackRock, Inc., The Vanguard Group, Inc., and Dimensional Fund Advisors, L.P.. Individual investors and insiders also hold notable stakes. Insiders hold a mid-single-digit percentage of the company. Key individual shareholders include Charles A. Adams. Retail investors account for approximately 26% of the ownership.