First Mid Tangible Book Value Per Share Increases 4.3%
Tangible book value per share increased $1.21, or 4.3% during the fourth quarter of 2025. The increase was driven by both earnings and a decrease of $8.7 million related to the unrealized loss position in the Company's investment portfolio. "We finished off a landmark year for First Mid with record annual earnings per share and net income. Our team executed at the highest levels on key strategic technology projects and now with our new retail online banking and core banking applications implemented, we have improved the customer experience and deployed a more efficient platform for growth. We are pleased with the continued progress towards closing our pending acquisition of Two Rivers Financial Group, Inc. as we received all regulatory approvals in the fourth quarter. We still anticipate closing to occur in the first quarter of 2026 as we enter Iowa with a great partner," said Joseph Dively, Chairman and CEO.
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- Earnings Performance: First Mid Bancshares reported a Q4 non-GAAP EPS of $1.06, indicating sustained growth in profitability, which reflects the company's robust financial management and competitive positioning in the market.
- Loan and Deposit Growth: Total loans reached $6.01 billion, with a quarterly increase of $187.3 million, or 3.2%, and a year-over-year increase of 6.0%; total deposits amounted to $6.40 billion, with a quarterly increase of $105.7 million, or 1.7%, and a year-over-year increase of 5.6%, demonstrating strong performance in both lending and deposit activities.
- Tangible Book Value Increase: Tangible book value per share increased by 4.3% during the quarter to $29.42, with a year-over-year increase of 20.3%, which not only enhances shareholder wealth but also provides a stronger foundation for future capital operations.
- Acquisition Approval and Dividend: The company received regulatory approval for the acquisition of Two Rivers Financial Group, Inc., while the Board declared a regular quarterly dividend of $0.25 per share, showcasing a dual strategy of business expansion and shareholder returns.
- Quarterly Dividend Announcement: First Mid Bancshares declares a quarterly dividend of $0.25 per share, consistent with previous distributions, indicating the company's stable cash flow and profitability.
- Yield Information: The forward yield of 2.33% provides investors with a relatively attractive return, enhancing market interest in the stock.
- Shareholder Record Dates: The dividend will be payable on February 27, with a record date of February 12 and an ex-dividend date also on February 12, ensuring shareholders receive their dividends promptly.
- Financial Performance Overview: First Mid Bancshares reports a non-GAAP EPS of $1.06 and revenue of $88 million, reflecting the company's robust performance in the current economic environment.
Earnings Performance: Princeton Bancorp (BPRN) reported quarterly earnings of $0.95 per share, exceeding the Zacks Consensus Estimate of $0.94, and showing a significant increase from $0.63 per share a year ago.
Revenue Insights: The company generated revenues of $21.53 million for the quarter, which fell short of the Zacks Consensus Estimate by 4.32%, although it was an increase from $19.17 million in the previous year.
Stock Outlook: Despite an 11.4% decline in shares since the beginning of the year, Princeton Bancorp holds a Zacks Rank #1 (Strong Buy), indicating expectations for future outperformance based on favorable earnings estimate revisions.
Industry Context: The Banks - Northeast industry, where Princeton Bancorp operates, is currently ranked in the top 14% of Zacks industries, suggesting a positive outlook that could influence the stock's performance moving forward.
Quarterly Performance: Flagstar Bank reported a quarterly loss of $0.07 per share, slightly worse than the expected loss of $0.06, but an improvement from a loss of $0.69 per share a year ago. The bank's revenues for the quarter were $519 million, exceeding estimates by 0.97%.
Stock Outlook: Despite the recent loss, Flagstar Bank shares have increased by approximately 23.9% since the start of the year, outperforming the S&P 500's 14.6% gain. The stock currently holds a Zacks Rank #3 (Hold), indicating expected performance in line with the market.
Earnings Estimates: The consensus EPS estimate for the upcoming quarter is $0.04, with projected revenues of $543.79 million. For the current fiscal year, the estimate is -$0.39 on $2.04 billion in revenues, reflecting mixed trends in earnings estimate revisions.
Industry Context: The Banks - Northeast industry, to which Flagstar belongs, is currently ranked in the top 18% of Zacks industries, suggesting a favorable outlook. Another bank in the same sector, First Mid Bancshares, is expected to report a year-over-year earnings increase of 15.7% in its upcoming results.
Earnings Performance: Metropolitan Bank Holding Corp. reported quarterly earnings of $0.67 per share, significantly missing the Zacks Consensus Estimate of $1.95, marking a -65.64% earnings surprise compared to the previous year's $1.86 per share.
Revenue Growth: The bank's revenues for the quarter reached $79.84 million, exceeding the Zacks Consensus Estimate by 2.49% and showing an increase from $71.52 million a year ago.
Stock Outlook: Despite the earnings miss, Metropolitan Bank Holding shares have risen about 28.9% year-to-date, outperforming the S&P 500's 13.9% gain, with a current Zacks Rank of #3 (Hold) indicating expected performance in line with the market.
Industry Context: The Banks - Northeast industry is currently in the top 24% of Zacks-ranked industries, suggesting that the overall industry outlook could significantly influence the stock's performance moving forward.
52 Week Range: FMBH's stock has a 52-week low of $27.58 and a high of $43.8584, with the last trade recorded at $36.82.
Market Analysis: The article mentions a link to find other dividend stocks that have recently fallen below their 200-day moving average.










