NASDAQ: FMBH

First Mid Bancshares (FMBH) Stock Analysis & Forecast

Oct 12 close

$49.20+0.68 (+1.4%)

Gekko Brief

AI summaryOct 12 close

First Mid Bancshares draws attention this week mainly on analyst coverage, with Wall Street firms assigning a "Moderate Buy" consensus rating and an average 12-month price target of $54.62. Coverage also points back to a recent quarterly beat, with EPS of $1.26 against a $1.05 consensus, alongside a raised quarterly dividend of $0.26. A dividend-focused feature and a Form 4 insider filing round out the week's items, with no other company, product or regulatory news noted.

Shares close at $49.20, up 1.4%, sitting between the 50-day moving average of $50.42 and the 200-day average of $45.36, reflecting a mixed trend. The GekkoIndex reads 62.3, placing the stock in the Accumulation zone. Price sits 6.9% below Gekko Fair Value of $52.83, a gap that has been narrowing by 2.5 over the last five sessions.

The next earnings date falls on 29 October 2026, 17 days away, placing the report inside a typical 20-trading-day holding window. Smart-money and unusual options activity show no recorded signals in their respective windows. Seasonally, the next 20 trading days have averaged a 9.3% return over 5 years, rising in 5 of those years. The consensus target of $56.36 implies 14.6% upside, a figure from three covering firms, one rating the stock buy and two hold.

Written by AI from the Oct 12, 2026 close and checked automatically against the figures on this page.

First Mid Bancshares price vs fair value

Close $49.20200-day averageGekko Fair Value $52.83

First Mid Bancshares quick facts

Market cap: $1.31B
P/E ratio: 12.2
Forward P/E: 12.1
EPS, TTM: $4.03
Revenue, TTM: $373.4M
Profit margin: 26.9%
Dividend yield: 2.05%
Beta: 0.80
Volume: 143,705 avg 151,393
1-year return: +35.5%
Typical daily move: ±1.7%
Typical 20-day move: ±5%
50-day average: $50.42
200-day average: $45.36
Next earnings: Oct 29
Shares outstanding: 26.60M
52-week range: $34.16$53.36

First Mid Bancshares swing-trade checklist

First Mid Bancshares scores 3 supportive, 1 mixed and 1 headwind across the 5 checklist items with data.

Six things swing traders check before a 20-day hold, read from the latest data.

3 supportive1 mixed1 headwind

Trendmixed
Averages disagree
Close $49.20 sits between the 50-day ($50.42) and 200-day ($45.36) averages, or the averages disagree.
See the chart
GekkoIndexsupportive
62.3, Accumulation
Reading 62.3 is in the Accumulation zone.
See the GekkoIndex
Fair valuesupportive
6.9% below
Price is 6.9% below Gekko Fair Value (more than 5% below).
See fair value
Smart moneyno data
No data
No insider, Congress or unusual options activity in the window.
See smart money
Earnings riskheadwind
Reports in 17 days
Reports on Oct 29, 2026, 17 days away — inside a typical 20-trading-day hold.
See earnings
Seasonalitysupportive
+9.3% on average
From this point in the calendar, the next 20 trading days averaged +9.3% over 5 years, rising in 5 of them.
See seasonality

A description of current data, not a recommendation. How this page works

First Mid Bancshares stock chart and price history

First Mid Bancshares closed at $49.20 on Oct 12, 2026, +35.5% over the past year, inside a 52-week range of $34.16 to $53.36.

5Y and weekly in Gekko

Close50-day average200-day averageVolume

Use the left and right arrow keys to read daily values.

Performance Breakdown

1 month: −3.6%
3 months: +2.4%
6 months: +12.9%
1 year: +35.5%

The full FMBH chart adds GekkoIndex, insider, options, Congress and hedge fund markers, plus TrendCandles™.Open FMBH in Gekko

Follow First Mid Bancshares through every session

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About First Mid Bancshares

First Mid Bancshares operates as a financial holding company, providing community banking services to commercial, retail, and agricultural customers across the United States. Its banking products include checking, savings, money market accounts, and certificates of deposit, paired with lending for commercial real estate, industrial projects, farming operations, residential properties, and consumer needs. It also lends to municipalities for infrastructure and equipment projects, making it a resource for both individual and public-sector borrowing.

Beyond deposits and loans, First Mid Bancshares runs a wealth management arm covering estate planning, investment advice, farm management and brokerage, and employee benefit plans for business clients. It rounds out its offerings with insurance products, spanning property and casualty coverage, senior-focused plans, group medical insurance for companies, and personal insurance lines for individual customers. This mix of banking, wealth management, and insurance allows it to serve both personal and commercial relationships under one roof.

The company runs 52 banking branches in Illinois, 14 in Missouri, and a loan production office in Indiana. Founded in 1865 and headquartered in Mattoon, Illinois, First Mid Bancshares was formerly called First Mid-Illinois Bancshares before adopting its present name in April 2019. Its shares trade on the NASDAQ under the ticker FMBH.

Listed: NASDAQ
Sector: Finance
Industry: Regional banks
Website: firstmid.com

First Mid Bancshares GekkoIndex: the smart money zone

First Mid Bancshares’s GekkoIndex — Gekko’s 0 to 100 smart money score — reads 62.3, in the Accumulation zone, up 2.5 points over five sessions.

62.3Accumulation

Up 2.5 points over five sessions, from the Neutral zone.

Reading for Oct 12, 2026

What followed past readings in each zone

Zone	Readings	5 days	10 days	20 days	50 days
Buying	38	+0.6%	+1.7%	+4.1%	+4.0%
Accumulation (current zone)	185	+0.7%	+1.1%	+3.9%	+8.1%
Neutral	416	+0.4%	+0.8%	+0.8%	+3.1%
Distribution	35	−1.2%	−1.9%	−1.8%	+0.8%
Selling	8	Too few readings yet

Average FMBH share-price change over the trading days after each daily reading in its GekkoIndex history. Across every stock Gekko tracks, Accumulation readings averaged +2.2% over 20 days. Past behaviour doesn’t guarantee future results.

Selling<33

Distribution33–45

Neutral45–60

Accumulation60–70

Buying70+

Accumulation zone: Institutional interest building. About the five zones →

See every daily GekkoIndex reading plotted over the FMBH price, zone by zone.Track FMBH in Gekko

Is First Mid Bancshares stock overvalued? Gekko Fair Value

First Mid Bancshares trades 6.9% below Gekko Fair Value of $52.83, so the shares are undervalued on Gekko’s estimate.

Gekko’s own estimate of what First Mid Bancshares shares are worth, recalculated every trading day.

$52.83

Gekko Fair Value, Oct 10, 2026

6.9% Undervalued

Price$49.20

Gekko Fair Value$52.83

At the end of Aug 2026 the price was 8.2% below the estimate.

Gekko Fair ValueShare price, month end

How Gekko Fair Value works →

Gekko Fair Value on every chart, with the gap to price updating daily.Open FMBH in Gekko

First Mid Bancshares insider and Congress trading

No open-market insider purchases were filed for First Mid Bancshares, and no Congress trades were disclosed, in the last 90 days.

Plus buybacks, unusual options and fund positions, each dated to when it became public.

Insider buying last 90 days

No open-market insider purchases were filed for FMBH in the last 90 days.

From Form 4 filings, dated to when each was filed.

Every FMBH insider filing, plotted on the chart in Gekko.Open FMBH in Gekko

Congress trades last 90 days

No trades in FMBH were disclosed by members of Congress in the last 90 days.

From congressional disclosures, which report amounts as ranges.

Congress disclosures for FMBH, plotted on the chart in Gekko.Open FMBH in Gekko

Buybacks

First Mid Bancshares has been buying back its own shares.

Bought back, quarter ended Jun 30, 2026: $921K
As a share of market cap: 0.07%

From company filings.

First Mid Bancshares earnings: next date and track record

First Mid Bancshares reports on Oct 29, 2026 (17 days away).

Next earnings report

Oct 29, 2026

17 days away

EPS estimate: $1.14
Revenue estimate: $108.5M

First Mid Bancshares stock forecast and analyst price targets

Analysts’ average 12-month price target for First Mid Bancshares is $56.36, +14.6% from the last close, from 3 firms rating the stock in the last 90 days.

$56.36consensus 12-month target, +14.6% from the last close

Now $49.20Avg $56.36

Low $54High $62.50

Buy1

Hold2

Sell0

Each firm’s latest rating in the last 90 days: 3 firms.

Latest analyst actions

Date	Firm	Rating	Target	vs price
Jul 28	Piper Sandler	Buy, reiterated	$62.50	+27.0%
Jul 27	KBW	Hold, reiterated	$54	+9.8%
Jul 27	D.A. Davidson	Hold, maintained	$54	+9.8%

+3.9%average 20-day move after past Accumulation readings

+9.3%average move over the next 20 trading days in the last 5 years

±1.7%typical daily move, from the 14-day average range

Gekko doesn’t publish price predictions. These are analyst targets and historical base rates, which don’t guarantee future results.

First Mid Bancshares seasonality: the next 20 trading days

Over the next 20 trading days from Oct 10, First Mid Bancshares averaged +9.3% across the last 5 years, rising in 5 of them.

Next 20 trading days, by year

Average move and hit rate

Window	Average	Years higher
Next 5 trading days	+3.5%	5 of 5
Next 10 trading days	+3.9%	4 of 5
Next 15 trading days	+4.7%	5 of 5
Next 20 trading days	+9.3%	5 of 5
Next 30 trading days	+8.5%	5 of 5

For scale, FMBH’s typical 20-trading-day move in either direction is about 5%.

First Mid Bancshares market cap and key statistics

First Mid Bancshares’s market cap is $1.31B, with a P/E ratio of 12.2 and revenue of $373.4M over the last twelve months.

Valuation

Market cap: $1.31B
P/E ratio: 12.2
Forward P/E: 12.1
EPS, TTM: $4.03
Gekko Fair Value: $52.83

Trading

Volume: 143,705
Avg volume, 20 days: 151,393
52-week high: $53.36
52-week low: $34.16
Shares outstanding: 26.60M

Financials

Revenue, TTM: $373.4M
Profit margin: 26.9%
Return on equity: 10.1%
Quarterly earnings growth, YoY: +6.1%

Risk and income

Beta: 0.80
Typical daily move: ±1.7%
Typical 20-day move: ±5%
Dividend yield: 2.05%

First Mid Bancshares stock news this week

Coverage of First Mid Bancshares this week reads positive: 5 positive, 4 neutral and 0 negative headlines.

News sentiment positive

Why First Mid Bancshares (FMBH) is a Great Dividend Stock Right NowZacks Investment Research, Oct 12
Form 4 First Mid Bancshares Inc For: 11 October By Investing.comInvesting.com Canada, Oct 12
First Mid Bancshares, Inc. (NASDAQ:FMBH) Stock Has Consensus Price Target of $54.62Defense World, Oct 12
Price-Driven Insight from (FMBH) for Rule-Based StrategyStock Traders Daily, Oct 11
First Mid Bancshares, Inc. (NASDAQ:FMBH) Stock Now Rated "Moderate Buy" by Wall Street AnalystsMarketBeat, Oct 9
First Mid Bancshares stock faces October 29 earnings after Q2 beatAD HOC NEWS, Oct 7

First Mid Bancshares peers

First Mid Bancshares’s 6 largest industry peers by market value, with today’s move, GekkoIndex zone and gap to Gekko Fair Value.

Stock	Today	GekkoIndex zone	vs Fair Value
CMCanadian Imperial Bank of Commerce	+0.4%	Accumulation	5.7% below
USBU.S. Bancorp	+0.4%	Accumulation	11.0% below
NUNu	−0.6%	Neutral	0.7% below
TFCTruist Financial	+0.9%	Accumulation	9.6% below
FITBFifth Third Bancorp	+0.1%	Accumulation	11.2% below
MTBM&T Bank	+0.9%	Accumulation	9.1% below

A peer links to its own page where one exists.

First Mid Bancshares stock FAQ

What is First Mid Bancshares’s market cap?

First Mid Bancshares’s market cap is $1.31B at the Oct 12, 2026 close of $49.20, with 26.60M shares outstanding. The shares trade on a P/E ratio of 12.2.

What is the First Mid Bancshares stock forecast?

The consensus analyst 12-month price target for First Mid Bancshares is $56.36, +14.6% from the last close. Of the 3 firms that rated the stock in the last 90 days, 1 rate it a buy, 2 a hold and 0 a sell. Gekko doesn’t publish price predictions of its own.

Is First Mid Bancshares stock overvalued or undervalued?

On Gekko’s estimate First Mid Bancshares is undervalued: the Oct 12, 2026 close of $49.20 is 6.9% below Gekko Fair Value of $52.83. Gekko Fair Value is recalculated every trading day, and a gap inside 5% either way counts as about fair value.

When does First Mid Bancshares report earnings next?

First Mid Bancshares is expected to report on Oct 29, 2026 (17 days away). Analysts expect earnings of $1.14 per share on revenue of $108.5M.

What is First Mid Bancshares’s 52-week high and low?

First Mid Bancshares’s 52-week high is $53.36 and its 52-week low is $34.16; it closed at $49.20 on Oct 12, 2026, +35.5% over the past year.

Is First Mid Bancshares stock a buy right now?

Gekko describes the data; it does not make buy or sell recommendations. On the swing-trade checklist, 3 of the 5 items with data read as supportive (gekkoindex, fair value and seasonality), 1 as mixed (trend) and 1 as a headwind (earnings risk). The checklist is a description of current data, not a recommendation.

How this page works

During US trading hours the price at the top of the page is a delayed quote, refreshed every 15 minutes; everything else is rebuilt after each US market close. The GekkoIndex, Gekko Fair Value and the checklist are Gekko’s own, and the Gekko Brief is written by AI from this page’s data and checked against it before it is published. How Gekko’s data works →

Built and overseen by Jared Mann

Founder of Gekko.app. Jared has traded stocks and ETFs for more than 20 years and has a financial industry background.

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