First Mid Illinois Bancshares Inc (NASDAQ:FMBH) Institutional Investors Sentiment Index Up in 2019 Q2

First Mid Bancshares, Inc. (NASDAQ:FMBH) Logo

Sentiment for First Mid Illinois Bancshares Inc (NASDAQ:FMBH)

First Mid Illinois Bancshares Inc (NASDAQ:FMBH) institutional sentiment increased to 1.27 in 2019 Q2. Its up 0.15, from 1.12 in 2019Q1. The ratio is more positive, as 33 investment professionals opened new and increased holdings, while 26 reduced and sold holdings in First Mid Illinois Bancshares Inc. The investment professionals in our partner’s database now possess: 4.85 million shares, up from 4.59 million shares in 2019Q1. Also, the number of investment professionals holding First Mid Illinois Bancshares Inc in their top 10 holdings was flat from 0 to 0 for the same number . Sold All: 5 Reduced: 21 Increased: 27 New Position: 6.

First Mid-Illinois Bancshares, Inc., through its subsidiaries, provides community banking services and products to commercial, retail, and agricultural clients in the United States. The company has market cap of $608.86 million. The firm accepts various deposit products, such as demand, money market, and time deposits, as well as savings and NOW accounts. It has a 13.61 P/E ratio. The Company’s loan portfolio includes commercial real estate, commercial and industrial, agricultural and agricultural real estate, residential real estate, and consumer loans; and other loans comprising loans to municipalities to support community projects, including infrastructure improvements or equipment purchases.

The stock increased 0.42% or $0.15 during the last trading session, reaching $35.61. About 28,140 shares traded. First Mid Bancshares, Inc. (NASDAQ:FMBH) has declined 15.52% since September 13, 2018 and is downtrending. It has underperformed by 15.52% the S&P500.

Analysts await First Mid Bancshares, Inc. (NASDAQ:FMBH) to report earnings on October, 24. They expect $0.71 earnings per share, down 5.33 % or $0.04 from last year’s $0.75 per share. FMBH’s profit will be $12.14M for 12.54 P/E if the $0.71 EPS becomes a reality. After $0.66 actual earnings per share reported by First Mid Bancshares, Inc. for the previous quarter, Wall Street now forecasts 7.58 % EPS growth.

Castine Capital Management Llc holds 1.11% of its portfolio in First Mid Bancshares, Inc. for 123,137 shares. Maltese Capital Management Llc owns 381,004 shares or 1.03% of their US portfolio. Moreover, Thb Asset Management has 0.64% invested in the company for 114,377 shares. The New York-based Jacobs Asset Management Llc has invested 0.55% in the stock. Endeavour Capital Advisors Inc, a Connecticut-based fund reported 65,268 shares.

More notable recent First Mid Bancshares, Inc. (NASDAQ:FMBH) news were published by: Globenewswire.com which released: “First Mid-Illinois Bancshares, Inc. Completes Acquisition of SCB Bancorp, Inc. – GlobeNewswire” on November 15, 2018, also Globenewswire.com with their article: “First Mid-Illinois Bancshares, Inc. Completes Acquisition of First BancTrust Corporation – GlobeNewswire” published on May 01, 2018, Bizjournals.com published: “Illinois bank company changes its name, reports record earnings – St. Louis Business Journal” on April 25, 2019. More interesting news about First Mid Bancshares, Inc. (NASDAQ:FMBH) were released by: Bizjournals.com and their article: “First Clover Leaf Bank buyer completes another acquisition – St. Louis Business Journal” published on November 19, 2018 as well as Nasdaq.com‘s news article titled: “PNC Financial (PNC) Reflects Cost Control: Should You Hold? – Nasdaq” with publication date: October 01, 2018.

First Mid Bancshares, Inc. (NASDAQ:FMBH) Institutional Positions Chart

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.