The Online Investor

Slideshow Mergers & Acquisitions

By The Online Investor Staff, updated Wed., Mar. 3, 10:18 PM

Slide #71. First Mid Bancshares, Inc. LINCO Bancshares, Inc.

Acquirer: First Mid Bancshares, Inc. (NASDAQ:FMBH)
Acquiree: LINCO Bancshares, Inc.
Details: First Mid Bancshares, Inc. (NASDAQ: FMBH) ("First Mid" or the "Company") announced today that the acquisition of LINCO Bancshares, Inc. ("Providence"), which includes Providence Bank, has been completed.

First Mid Bancshares is a financial holding company. Through its subsidiary, Co. is engaged in the business of banking. Co.'s lines of business are community banking, wealth management, and insurance brokerage. Within the community banking line, Co. serves commercial, retail and agricultural customers with deposit and loan related products. The wealth management line provides estate planning, investment and farm management services for individuals and employee benefit services for business enterprises. The insurance brokerage line provides commercial lines insurance to businesses as well as homeowner, automobile, health, life and other types of personal lines insurance to individuals.

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Company Name: 
First Mid Bancshares Inc
Website: 
www.firstmid.com
Sector: 
Banking & Savings
Number of ETFs Holding FMBH: 
20
Total Market Value Held by ETFs: 
$47.52M
Total Market Capitalization: 
$633.00M
% of Market Cap. Held by ETFs: 
7.51%
 

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Strong Buy (3.60 out of 4)
64th percentile
(ranked higher than approx. 64% of all stocks covered)

Analysts' Target Price:
FMBH Stock Forecast

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