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First Mid Bancshares Announces New Stock Repurchase Plan

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First Mid Bancshares Announces New Stock Repurchase Plan

Confident Investing Starts Here:

First Mid-Illinois Bancshares ( (FMBH) ) has issued an update.

On June 24, 2025, First Mid Bancshares, Inc. announced the termination of its existing stock repurchase plan, effective June 30, 2025. The company simultaneously authorized a new stock repurchase program, effective July 1, 2025, allowing for the repurchase of up to 1,200,000 shares, approximately 5% of its outstanding shares, with the program set to run until December 31, 2026, unless altered by the Board.

The most recent analyst rating on (FMBH) stock is a Hold with a $47.00 price target. To see the full list of analyst forecasts on First Mid-Illinois Bancshares stock, see the FMBH Stock Forecast page.

Spark’s Take on FMBH Stock

According to Spark, TipRanks’ AI Analyst, FMBH is a Neutral.

First Mid-Illinois Bancshares scores a 68, driven by strong financial performance and solid valuation metrics. Technical indicators support a stable outlook, with potential for growth highlighted by recent corporate actions. However, the absence of earnings call data tempers the overall score.

To see Spark’s full report on FMBH stock, click here.

More about First Mid-Illinois Bancshares

Average Trading Volume: 64,364

Technical Sentiment Signal: Strong Buy

Current Market Cap: $874.2M

Learn more about FMBH stock on TipRanks’ Stock Analysis page.

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