Shares of First Mid-Illinois Bancshares (NASDAQ: FMBH) are soaring 5.24% in intraday trading following the release of its impressive first-quarter 2025 financial results. The regional bank reported better-than-expected revenue and in-line earnings per share, showcasing its resilience in a challenging economic environment.

According to the earnings report, First Mid-Illinois Bancshares posted revenue of $82.6 million for Q1 2025, representing a 2.9% increase from the same period last year. The bank's net income rose to $22.2 million, an 8.1% jump compared to Q1 2024. Notably, the profit margin expanded to 27%, up from 26% in the previous year, driven by higher revenue. Earnings per share (EPS) came in at $0.93, up from $0.86 in Q1 2024 and meeting analysts' expectations.

While the positive earnings report seems to be the primary driver of today's stock surge, investors should note that Raymond James recently cut its price target for FMBH to $40 from $43. Additionally, Stephens & Co. maintained its Equal-Weight rating on the stock. Despite these mixed analyst actions, the market appears to be responding favorably to First Mid-Illinois Bancshares' solid financial performance, reflecting investor confidence in the bank's growth trajectory and operational efficiency.