tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

First Mid-Illinois Bancshares Expands Board with New Director

Story Highlights
First Mid-Illinois Bancshares Expands Board with New Director

Meet Your ETF AI Analyst

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

On October 28, 2025, First Mid Bancshares, Inc. expanded its board of directors from nine to ten members, appointing Mr. Alex Melvin as a Class I director. Mr. Melvin, who will also serve on the Risk Committee, will officially join the board on November 18, 2025, and will serve until the Class I term expires in 2026.

The most recent analyst rating on (FMBH) stock is a Buy with a $48.00 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 has a strong financial foundation with robust profitability and a stable balance sheet. However, technical indicators suggest bearish momentum, which may pose short-term risks. The stock’s valuation is reasonable, offering a good dividend yield, making it attractive for long-term investors.

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

More about First Mid-Illinois Bancshares

Average Trading Volume: 65,554

Technical Sentiment Signal: Hold

Current Market Cap: $857.4M

For a thorough assessment of FMBH stock, go to TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1