First Mid Bancshares (FMBH) Tops Q3 Earnings and Revenue Estimates

Core Insights - First Mid Bancshares (FMBH) reported quarterly earnings of $0.97 per share, exceeding the Zacks Consensus Estimate of $0.96 per share, and up from $0.83 per share a year ago, representing an earnings surprise of +1.04% [1] - The company posted revenues of $89.27 million for the quarter ended September 2025, surpassing the Zacks Consensus Estimate by 1.50%, compared to $80.57 million in the same quarter last year [2] - The stock has underperformed the market, losing about 1.6% since the beginning of the year, while the S&P 500 gained 17.2% [3] Earnings Performance - Over the last four quarters, First Mid Bancshares has surpassed consensus EPS estimates four times [2] - The company has topped consensus revenue estimates three times over the last four quarters [2] - The current consensus EPS estimate for the upcoming quarter is $0.99 on revenues of $89.05 million, and for the current fiscal year, it is $3.88 on revenues of $348.95 million [7] Market Outlook - The earnings outlook and estimate revisions will significantly influence the stock's immediate price movement [3][4] - The estimate revisions trend for First Mid Bancshares was unfavorable prior to the earnings release, resulting in a Zacks Rank 4 (Sell) for the stock, indicating expected underperformance in the near future [6] - The Zacks Industry Rank for Banks - Northeast is currently in the top 14% of over 250 Zacks industries, suggesting a favorable industry outlook [8]