For the quarter ended June 2024, First Mid Bancshares (FMBH Quick QuoteFMBH - Free Report) reported revenue of $79.19 million, up 28% over the same period last year. EPS came in at $0.84, compared to $0.83 in the year-ago quarter.

The reported revenue compares to the Zacks Consensus Estimate of $78.25 million, representing a surprise of +1.20%. The company delivered an EPS surprise of +6.33%, with the consensus EPS estimate being $0.79.

While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.

Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.

Here is how First Mid Bancshares performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:

• Efficiency Ratio [%]

  : 59.6% versus 64.3% estimated by three analysts on average.

• Net Interest Margin [%]

  : 3.4% compared to the 3.3% average estimate based on three analysts.

• Average Earning Assets [$M]

  : $6.82 billion versus the two-analyst average estimate of $6.89 billion.

• Non-interest Income [$M]

  : $22.42 million versus the three-analyst average estimate of $22.47 million.

• Other

  : $2.10 million versus the two-analyst average estimate of $2.20 million.

• Net Interest Income (FTE)

  : $57.36 million versus $55.55 million estimated by two analysts on average.

• Net Interest Income

  : $56.77 million versus $55.50 million estimated by two analysts on average.

• ATM/debit card revenue

  : $4.28 million compared to the $4.10 million average estimate based on two analysts.

• Wealth management revenues

  : $5.41 million versus the two-analyst average estimate of $5.20 million.

• Insurance commissions

  : $6.53 million compared to the $6.75 million average estimate based on two analysts.

• Service charges

  : $3.23 million versus $3.05 million estimated by two analysts on average.

• Mortgage banking revenues

  : $1.04 million compared to the $1.10 million average estimate based on two analysts.

View all Key Company Metrics for First Mid Bancshares here>>>

Shares of First Mid Bancshares have returned +18.2% over the past month versus the Zacks S&P 500 composite's +1.1% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.