SecBot SecBot
8-K ·Filed Feb 25, 2026

FMBH

FIRST MID BANCSHARES, INC.
BULLISH
Impact 7/10
Horizonweeks Processed8mo ago SEC0001171843-26-001082
8-K context-dependent: Items 8.01
Actionable Insight ▲ Bullish

Traders should monitor the successful closing of the merger on February 28, 2026, and watch for future disclosures on cost synergies, integration progress, and potential earnings impact. The lack of disclosed financial terms limits immediate valuation impact, but the approval removes a key uncertainty.

DirectionBullish
Confidencehigh
Horizonweeks
Final — all horizons settled through T+60d
FMBH ▲ +1.31% at T+60d
LONG call ✓ call won +1.31% · α vs SPY -5.64% · entry $42.71 → $43.27
Entry = T+0 close
Feb 25, 2026
via day close
T+1d
+0.14%
call +0.14% · α +0.69%
$42.77
settled 8mo ago
T+5d
-2.83%
call -2.83% · α -1.73%
$41.50
settled 8mo ago
T+20d
-5.03%
call -5.03% · α +0.20%
$40.56
settled 7mo ago
T+60d
+1.31%
call +1.31% · α -5.64%
$43.27
settled 5mo ago

Price Chart

Loading chart...

Executive Summary

First Mid Bancshares, Inc. (FMBH) announced that Two Rivers Financial Group, Inc. stockholders approved the merger between the two companies. The transaction, which was initially announced on October 29, 2025, is expected to close on February 28, 2026, subject to customary closing conditions. This acquisition will expand First Mid's footprint through the integration of Two Rivers.

Key Facts

  • Two Rivers Financial Group, Inc. stockholders approved the merger on February 24, 2026.
  • The merger is expected to close on February 28, 2026, subject to customary closing conditions.
  • First Mid Bancshares, Inc. will acquire 100% of Two Rivers Financial Group, Inc.
  • The merger was originally announced on October 29, 2025.
  • Two Rivers will merge with Star Sub LLC, a wholly-owned subsidiary of First Mid, with Merger Sub surviving as a wholly-owned subsidiary of First Mid.

Financial Impact

The filing does not disclose the financial terms of the merger, including deal value, purchase price, or consideration. Therefore, no specific dollar amount can be reported.

dealValuerevenueepsdilution

Risk Factors

  • Failure to satisfy remaining closing conditions could delay or prevent the merger.
  • Integration risks including operational disruptions, cultural misalignment, or higher-than-expected costs.
  • Potential dilution or changes in capital allocation post-closing not yet disclosed.

Market Snapshot

Exchange
Nasdaq

Investment Themes

Traditional Finance

Documents Analyzed

This report is based on 4 SEC documents filed with EDGAR.

DocumentAccession Number
8-K Filing (Primary)0001171843-26-001082
Document: 0001171843-26-001082-index-headers.html0001171843-26-001082
Document: 0001171843-26-001082-index.html0001171843-26-001082
Document: 0001171843-26-001082.txt0001171843-26-001082
11 reports for FMBH
Performance horizon

Track record builds as more directional reports settle.

Filters
Rows
Reports for FMBH — sortable, filterable
TypeNow
Oct 21, 2026
4d ago
8-K
NEUTRAL ★ 2/10
$49.26awaiting T+60—$51.10 (+3.74%)
Oct 16, 2026
9d ago
SC 13D/A
NEUTRAL ★ 3/10
$49.73awaiting T+60—$51.10 (+2.75%)
Jul 23, 2026
13w ago
8-K
MIXED ★ 5/10
$50.05 $49.29▼ −1.52%▼ −6.07%$51.10 (+2.10%)
Jul 15, 2026
14w ago
8-K
NEUTRAL ★ 3/10
$48.77 $49.24▲ +0.96%▼ −1.57%$51.10 (+4.78%)
Apr 29, 2026
25w ago
8-K
NEUTRAL ★ 2/10
$41.84 $51.16▲ +22.27%▲ +19.16%$51.10 (+22.13%)
Apr 29, 2026
25w ago
Press Release
NEUTRAL ★ 2/10
$41.84 $51.16▲ +22.27%▲ +19.16%$51.10 (+22.13%)
Apr 29, 2026
25w ago
8-K
BULLISH ★ 6/10
$41.84 $51.16▲ +22.27%▲ +19.16%$51.10 (+22.13%)
Apr 15, 2026
27w ago
8-K
NEUTRAL ★ 5/10
$43.47 $47.93▲ +10.26%▲ +2.12%$51.10 (+17.55%)
Mar 17, 2026
31w ago
DEFA14A
NEUTRAL ★ 3/10
$39.38 $45.67▲ +15.97%▲ +6.11%$51.10 (+29.76%)
Mar 2, 2026
34w ago
Press Release
BULLISH ★ 7/10
$41.50 $44.29▲ +6.72%▼ −2.60%$51.10 (+23.13%)
Showing 10 of 11

US Market Status

Market Open — Closes in 53m

Subscribe to SecBot

Get Real-Time SEC Filing Intelligence

Comprehensive SEC filing analysis delivered the moment filings hit EDGAR. Sentiment scoring, impact analysis, and actionable insights for every material event.

Create a free account Live analysis, Telegram alerts, watchlists and the MCP server for subscribers
Report published Feb 25, 2026