First Mid Bancshares Offers 2.46% Dividend Yield and 12.6% EPS Growth Forecast
First Mid Bancshares is paying a $0.25 quarterly dividend (2.46% yield) with a 25% payout ratio and has raised its annual payout by 2% this year following four hikes over five years (3.67% annualized). The analyst consensus 2026 EPS forecast of $4.48 implies 12.6% growth.
1. Dividend Profile
First Mid Bancshares is paying a $0.25 quarterly dividend for an annualized $1.00 payout, representing a 2.46% yield. The bank has raised its dividend four times over five years for an average annual increase of 3.67% and maintains a 25% payout ratio.
2. Earnings Growth Outlook
Analysts forecast 2026 earnings of $4.48 per share, implying 12.6% year-over-year growth. This EPS projection reflects solid performance expectations driven by loan growth and net interest income expansion.
3. Investment Considerations
FMBH's 2.46% yield exceeds the 2.42% industry average and the S&P 500’s 1.36% yield, positioning it as a leading dividend payer among regional banks. Analysts rate the stock a hold and highlight its conservative payout ratio as a buffer against rising rate pressures.