Somewhat Favorable Press Coverage Somewhat Unlikely to Impact First Mid-Illinois Bancshares (FMBH) Share Price

News stories about First Mid-Illinois Bancshares (NASDAQ:FMBH) have been trending somewhat positive this week, Accern reports. Accern scores the sentiment of news coverage by analyzing more than 20 million news and blog sources. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. First Mid-Illinois Bancshares earned a news impact score of 0.13 on Accern’s scale. Accern also gave headlines about the bank an impact score of 47.382461296976 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the near term.

Here are some of the news headlines that may have impacted Accern Sentiment Analysis’s rankings:

Separately, Zacks Investment Research upgraded shares of First Mid-Illinois Bancshares from a “hold” rating to a “buy” rating and set a $40.00 price objective for the company in a research note on Tuesday, September 26th.

First Mid-Illinois Bancshares (FMBH) traded down $0.83 on Wednesday, reaching $38.84. 17,900 shares of the company’s stock traded hands, compared to its average volume of 17,060. The company has a current ratio of 0.83, a quick ratio of 0.83 and a debt-to-equity ratio of 0.36. First Mid-Illinois Bancshares has a 12 month low of $28.37 and a 12 month high of $42.03. The stock has a market capitalization of $498.66, a P/E ratio of 16.81, a P/E/G ratio of 1.62 and a beta of 0.09.

First Mid-Illinois Bancshares (NASDAQ:FMBH) last released its quarterly earnings data on Thursday, October 26th. The bank reported $0.61 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.60 by $0.01. First Mid-Illinois Bancshares had a net margin of 22.67% and a return on equity of 9.75%. The company had revenue of $30.53 million during the quarter, compared to the consensus estimate of $30.75 million. equities research analysts anticipate that First Mid-Illinois Bancshares will post 2.36 EPS for the current year.

In other First Mid-Illinois Bancshares news, CEO Clay M. Dean sold 701 shares of the business’s stock in a transaction that occurred on Monday, November 6th. The shares were sold at an average price of $37.55, for a total transaction of $26,322.55. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. 20.30% of the stock is owned by insiders.

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First Mid-Illinois Bancshares Company Profile

First Mid-Illinois Bancshares, Inc is a financial holding company. The Company is engaged in the business of banking through its subsidiaries, First Mid-Illinois Bank & Trust, N.A. (First Mid Bank) and First Clover Leaf Bank, N.A. (First Clover Leaf Bank). The Company provides data processing services to affiliates through another subsidiary, Mid-Illinois Data Services, Inc (MIDS).

Insider Buying and Selling by Quarter for First Mid-Illinois Bancshares (NASDAQ:FMBH)

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