First Mid Bancshares Inc (NASDAQ:FMBH) Surpasses Q2 Earnings Estimates with Strong Revenue and EPS Beat

First Mid Bancshares Inc (NASDAQ:FMBH) reported second-quarter earnings that surpassed analyst expectations, driving a modest pre-market rally. The Illinois-based financial holding company posted revenue of $87.46 million for Q2 2025, significantly exceeding the consensus estimate of $62.77 million. Earnings per share came in at $0.99, beating the $0.93 forecast.

Key Financial Highlights vs. Estimates

• Revenue Surprise: The $87.46 million reported represents a 39.3% upside to analyst projections, signaling stronger-than-expected performance across the company’s banking, wealth management, and insurance segments.
• EPS Beat: The $0.99 EPS outperformed estimates by 6%, reflecting disciplined cost management and potentially higher net interest income.
• Pre-Market Reaction: Shares rose 1.29% in pre-market trading, suggesting investor approval of the results. Over the past month, the stock had already gained 5.56%, indicating sustained positive sentiment.

Market Performance Context
While the immediate pre-market reaction was positive, the stock’s weekly performance (+0.59%) and two-week performance (-1.54%) show mixed near-term momentum. The earnings beat may reinforce confidence in the company’s ability to navigate economic headwinds, particularly given its diversified financial services footprint across the Midwest and Texas.

Forward-Looking Estimates
Analysts project Q3 2025 revenue of $64.68 million and EPS of $0.94. For the full year, revenue is estimated at $254.26 million, with earnings expected to reach $3.82 per share. First Mid’s Q2 outperformance raises questions about whether these estimates may be revised upward in coming weeks.

Press Release Summary
The earnings announcement highlighted the company’s continued growth across its banking and insurance operations, though specific guidance for future quarters was not provided. The lack of forward-looking statements in the release neither reinforces nor contradicts current analyst expectations.

For a deeper dive into First Mid Bancshares’ earnings trends and estimates, review the full earnings and estimates breakdown here.

Disclaimer: This article is not investment advice. Investors should conduct their own research or consult a financial advisor before making decisions.