First Mid Bancshares Inc reports results for the quarter ended December 31 - Earnings Summary

First Mid Bancshares

23/01/2025 14:32

* First Mid Bancshares Inc  FMBH.OQ  reported quarterly
adjusted
earnings of 87 cents​​ per share for the quarter ended December
31, higher than the same quarter last year, when the company
reported EPS of 76 cents.  The mean expectation of
seven analysts for the quarter was for earnings of 83 cents per
share. Wall Street expected results to range from 75 cents to 91
cents per share.
    * Revenue rose 2.6% to $58.95 million from a year ago;
analysts
expected $59.11 million. 
    * First Mid Bancshares Inc's reported EPS for the quarter
was 80
cents​.
    * The company reported quarterly net income of $19.17
million.
    * First Mid Bancshares Inc shares had fallen by 0.6% this
quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 4.9%
in the last three months.​ 
    * In the last 30 days, there have been no negative revisions
of
earnings estimates

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 4 "strong buy" or "buy," 3
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the banks peer
group is
also "buy"

Wall Street's median 12-month price target for First Mid
Bancshares Inc is $45.00 
This summary was machine generated from LSEG data January 23 at
02:31 p.m. UTC. ​All figures in US dollars unless otherwise
stated. (For questions concerning the data in this report,
contact Estimates.Support@lseg.com. For any other questions or
feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2024      0.83           0.87           Beat
 Sep. 30 2024      0.84           0.81           Missed
 Jun. 30 2024      0.79           0.82           Beat
 Mar. 31 2024      0.85           0.86           Beat