First Mid Bancshares, Inc. Logo

First Mid Bancshares, Inc.

FMBH

(3.8)
Stock Price

40,23 USD

0.94% ROA

9.66% ROE

10.22x PER

Market Cap.

783.869.064,00 USD

67.16% DER

2.8% Yield

22.33% NPM

First Mid Bancshares, Inc. Stock Analysis

First Mid Bancshares, Inc. Fundamental Analysis

Fundamental analysis in stock investing is like studying the foundation of a house before buying it. It involves looking at a company's financial health, like its earnings, assets, and debts, to determine if it's a good investment based on its fundamental strength and potential for growth.

First Mid Bancshares, Inc. Fundamental Stock Analysis
# Analysis Rating
1 PBV

With a remarkably low PBV ratio (0.95x), the stock offers substantial upside potential at a bargain price.

2 Revenue Growth

Over the past five years, this company's revenue has consistently increased, demonstrating a robust financial performance that makes it an appealing opportunity.

3 Assets Growth

This company's revenue has experienced steady growth over the last five years, indicating a reliable and prosperous financial trajectory.

4 Dividend Growth

Investors can take confidence in the company's impressive track record of annual dividend growth over the last five years, showcasing a commitment to rewarding shareholders.

5 Dividend

Investors can trust the company's impressive dividend track record, consistently distributing dividends over the past five years, showcasing a strong commitment to rewarding shareholders.

6 ROE

The stock's ROE falls within an average range (10.62%), demonstrating satisfactory profitability and efficiency in utilizing shareholders' equity.

7 ROA

The stock's ROA (0.94%) shows that it's doing a pretty good job at making money from its assets, making it a solid choice to invest and earn steady profits.

8 DER

The stock maintains a fair debt to equity ratio (67%), indicating a reasonable balance between the money it owes and the ownership it possesses.

9 Graham Number

The Graham number of this company suggests that its stock price may be undervalued, indicating a potentially attractive investment opportunity.

10 Buffet Intrinsic Value

The company's stock seems undervalued (116) by Warren Buffett's formula, indicating a promising investment opportunity as its intrinsic value exceeds the market price.

11 Net Profit Growth

Over the past five years, this company's net profit has failed to exhibit any growth, indicating a stagnant financial performance and making it a less favorable choice for potential investors.

First Mid Bancshares, Inc. Technical Analysis

Technical analysis in stock investing is like reading the patterns on a weather map to predict future weather conditions. It involves studying past stock price movements and trading volumes to make predictions about where a stock's price might go next, without necessarily looking at the company's financial health.

First Mid Bancshares, Inc. Technical Stock Analysis
# Analysis Recommendation
1 Awesome Oscillator Buy
2 MACD Buy
3 RSI Hold
4 Stoch RSI Sell

First Mid Bancshares, Inc. Price Chart

Financial Statements

Financial statements are like report cards for companies. They show how much money a company makes (income statement), what it owns and owes (balance sheet), and where it spends its money (cash flow statement), helping stock investors understand if a company is healthy and worth investing in.

Income Statements

An income statement for a company is like a scoreboard for its profits and losses. It shows how much money the company made (revenue) and how much it spent to make that money (expenses), helping stock investors see if a company is making a profit or not.

Revenue in stock investing is the total amount of money a company earns from its sales, and it's a key factor that investors consider to assess a company's financial performance and growth potential.

First Mid Bancshares, Inc. Revenue
Year Revenue Growth
1994 3.973.000
1995 4.289.000 7.37%
1996 4.946.000 13.28%
1997 6.121.000 19.2%
1998 6.890.000 11.16%
1999 7.303.000 5.66%
2000 28.307.000 74.2%
2001 32.588.000 13.14%
2002 37.624.000 13.39%
2003 39.297.000 4.26%
2004 40.019.000 1.8%
2005 41.411.000 3.36%
2006 44.224.000 6.36%
2007 46.163.000 4.2%
2008 50.986.000 9.46%
2009 50.839.000 -0.29%
2010 55.365.000 8.17%
2011 64.055.000 13.57%
2012 67.920.000 5.69%
2013 69.265.000 1.94%
2014 69.851.000 0.84%
2015 76.296.000 8.45%
2016 98.116.000 22.24%
2017 123.409.000 20.5%
2018 147.152.000 16.14%
2019 181.691.000 19.01%
2020 186.932.000 2.8%
2021 237.518.000 21.3%
2022 254.659.000 6.73%
2023 286.980.000 11.26%

Research and Development Expenses are the costs a company incurs to create and improve its products or services, which can be important for investors to evaluate a company's innovation and potential for future growth.

First Mid Bancshares, Inc. Research and Development Expenses
Year Research and Development Expenses Growth
1994 0
1995 0 0%
1996 0 0%
1997 0 0%
1998 0 0%
1999 0 0%
2000 0 0%
2001 0 0%
2002 0 0%
2003 0 0%
2004 0 0%
2005 0 0%
2006 0 0%
2007 0 0%
2008 0 0%
2009 0 0%
2010 0 0%
2011 0 0%
2012 0 0%
2013 0 0%
2014 0 0%
2015 0 0%
2016 0 0%
2017 0 0%
2018 0 0%
2019 0 0%
2020 0 0%
2021 0 0%
2022 0 0%
2023 0 0%

General and Administrative Expenses are the costs a company incurs to run its day-to-day operations, such as office rent, salaries, and utilities, which investors consider to understand a company's overall efficiency and management effectiveness.

First Mid Bancshares, Inc. General and Administrative Expenses
Year General and Administrative Expenses Growth
1994 6.964.000
1995 7.484.000 6.95%
1996 7.938.000 5.72%
1997 7.922.000 -0.2%
1998 8.645.000 8.36%
1999 9.616.000 10.1%
2000 10.104.000 4.83%
2001 11.116.000 9.1%
2002 12.732.000 12.69%
2003 13.232.000 3.78%
2004 13.626.000 2.89%
2005 13.310.000 -2.37%
2006 15.418.000 13.67%
2007 16.408.000 6.03%
2008 16.876.000 2.77%
2009 17.393.000 2.97%
2010 20.767.000 16.25%
2011 23.995.000 13.45%
2012 24.308.000 1.29%
2013 24.960.000 2.61%
2014 24.771.000 -0.76%
2015 26.337.000 5.95%
2016 32.354.000 18.6%
2017 40.661.000 20.43%
2018 47.862.000 15.05%
2019 62.797.000 23.78%
2020 67.761.000 7.33%
2021 91.264.000 25.75%
2022 100.399.000 9.1%
2023 104.828.000 4.23%

EBITDA stands for Earnings Before Interest, Taxes, Depreciation, and Amortization. It is a measure that helps stock investors analyze a company's profitability by looking at its earnings without considering certain expenses. This helps to get a clearer picture of the company's financial performance and its ability to generate cash flow.

First Mid Bancshares, Inc. EBITDA
Year EBITDA Growth
1994 18.305.000
1995 23.710.000 22.8%
1996 25.485.000 6.96%
1997 28.351.000 10.11%
1998 28.194.000 -0.56%
1999 28.358.000 0.58%
2000 33.155.000 14.47%
2001 34.350.000 3.48%
2002 29.869.000 -15%
2003 28.767.000 -3.83%
2004 28.386.000 -1.34%
2005 32.111.000 11.6%
2006 41.423.000 22.48%
2007 45.520.000 9%
2008 39.545.000 -15.11%
2009 31.128.000 -27.04%
2010 27.977.000 -11.26%
2011 31.803.000 12.03%
2012 33.995.000 6.45%
2013 31.764.000 -7.02%
2014 31.927.000 0.51%
2015 33.671.000 5.18%
2016 46.008.000 26.81%
2017 56.342.000 18.34%
2018 69.213.000 18.6%
2019 69.114.000 -0.14%
2020 64.804.000 -6.65%
2021 72.179.000 10.22%
2022 137.966.000 47.68%
2023 92.228.000 -49.59%

Gross profit is the money a company makes from selling its products or services after subtracting the cost of producing or providing them, and it is an important measure for investors to understand a company's profitability.

First Mid Bancshares, Inc. Gross Profit
Year Gross Profit Growth
1994 3.973.000
1995 4.289.000 7.37%
1996 4.946.000 13.28%
1997 6.121.000 19.2%
1998 6.890.000 11.16%
1999 7.303.000 5.66%
2000 28.307.000 74.2%
2001 32.588.000 13.14%
2002 37.624.000 13.39%
2003 39.297.000 4.26%
2004 40.019.000 1.8%
2005 41.411.000 3.36%
2006 44.224.000 6.36%
2007 46.163.000 4.2%
2008 50.986.000 9.46%
2009 50.839.000 -0.29%
2010 55.365.000 8.17%
2011 64.055.000 13.57%
2012 67.920.000 5.69%
2013 69.265.000 1.94%
2014 69.851.000 0.84%
2015 76.296.000 8.45%
2016 98.116.000 22.24%
2017 123.409.000 20.5%
2018 144.181.000 14.41%
2019 181.691.000 20.64%
2020 186.932.000 2.8%
2021 237.518.000 21.3%
2022 254.659.000 6.73%
2023 286.980.000 11.26%

Net income in stock investing is like the money a company actually gets to keep as profit after paying all its bills, and it's an important measure to understand how well a company is doing financially.

First Mid Bancshares, Inc. Net Profit
Year Net Profit Growth
1994 3.434.000
1995 3.924.000 12.49%
1996 4.166.000 5.81%
1997 4.726.000 11.85%
1998 5.062.000 6.64%
1999 5.232.000 3.25%
2000 5.660.000 7.56%
2001 6.516.000 13.14%
2002 8.034.000 18.89%
2003 9.093.000 11.65%
2004 9.751.000 6.75%
2005 9.807.000 0.57%
2006 10.009.000 2.02%
2007 10.159.000 1.48%
2008 10.524.000 3.47%
2009 8.214.000 -28.12%
2010 8.761.000 6.24%
2011 11.372.000 22.96%
2012 14.025.000 18.92%
2013 14.722.000 4.73%
2014 15.461.000 4.78%
2015 16.512.000 6.37%
2016 21.840.000 24.4%
2017 26.684.000 18.15%
2018 36.600.000 27.09%
2019 47.943.000 23.66%
2020 45.270.000 -5.9%
2021 51.490.000 12.08%
2022 72.952.000 29.42%
2023 60.468.000 -20.65%

EPS, or earnings per share, is a measure that shows how much profit a company has earned for each outstanding share of its stock, and it is important for stock investors as it helps understand the profitability of a company and compare it with other companies in the market.

First Mid Bancshares, Inc. Earning per Share (EPS)
Year Earning per Share (EPS) Growth
1994 1
1995 1 0%
1996 1 0%
1997 1 0%
1998 1 0%
1999 1 0%
2000 1 0%
2001 1 0%
2002 1 100%
2003 1 0%
2004 1 0%
2005 1 0%
2006 2 0%
2007 2 0%
2008 2 0%
2009 1 0%
2010 1 0%
2011 1 0%
2012 2 0%
2013 2 0%
2014 2 0%
2015 2 0%
2016 2 50%
2017 2 0%
2018 3 0%
2019 3 0%
2020 3 0%
2021 3 0%
2022 4 50%
2023 3 -100%

Cashflow Statements

Cashflow statements show the movement of money in and out of a company, helping stock investors understand how much money a company makes and spends. By examining cashflow statements, investors can assess if a company is generating enough cash to pay its bills, invest in growth, and provide returns to stockholders.

Free cash flow is the leftover cash that a company generates after covering its operating expenses and capital expenditures, which is important for stock investors as it shows how much money a company has available to invest in growth, pay dividends, or reduce debt.

First Mid Bancshares, Inc. Free Cashflow
Year Free Cashflow Growth
1994 5.251.000
1995 4.973.000 -5.59%
1996 1.170.000 -325.04%
1997 3.942.000 70.32%
1998 -1.486.000 365.28%
1999 12.202.000 112.18%
2000 7.554.000 -61.53%
2001 2.876.000 -162.66%
2002 7.663.000 62.47%
2003 17.632.000 56.54%
2004 10.292.000 -71.32%
2005 9.995.000 -2.97%
2006 8.979.000 -11.32%
2007 11.779.000 23.77%
2008 14.148.000 16.74%
2009 6.370.000 -122.1%
2010 5.573.000 -14.3%
2011 14.351.000 61.17%
2012 21.403.000 32.95%
2013 23.265.000 8%
2014 16.599.000 -40.16%
2015 20.236.000 17.97%
2016 26.713.000 24.25%
2017 44.880.000 40.48%
2018 39.063.000 -14.89%
2019 58.725.000 33.48%
2020 61.078.000 3.85%
2021 65.894.000 7.31%
2022 60.804.000 -8.37%
2023 2.568.000 -2267.76%

Operating cash flow represents the cash generated or consumed by a company's day-to-day operations, excluding external investing or financing activities, and is crucial for stock investors as it shows how much cash a company is generating from its core business operations.

First Mid Bancshares, Inc. Operating Cashflow
Year Operating Cashflow Growth
1994 5.706.000
1995 5.864.000 2.69%
1996 3.402.000 -72.37%
1997 5.503.000 38.18%
1998 683.000 -705.71%
1999 14.980.000 95.44%
2000 8.660.000 -72.98%
2001 4.501.000 -92.4%
2002 9.793.000 54.04%
2003 18.684.000 47.59%
2004 11.181.000 -67.1%
2005 11.411.000 2.02%
2006 10.251.000 -11.32%
2007 12.635.000 18.87%
2008 15.230.000 17.04%
2009 8.324.000 -82.96%
2010 7.508.000 -10.87%
2011 18.976.000 60.43%
2012 22.889.000 17.1%
2013 24.662.000 7.19%
2014 17.777.000 -38.73%
2015 21.998.000 19.19%
2016 27.422.000 19.78%
2017 46.154.000 40.59%
2018 42.175.000 -9.43%
2019 62.828.000 32.87%
2020 63.541.000 1.12%
2021 69.596.000 8.7%
2022 65.824.000 -5.73%
2023 2.568.000 -2463.24%

Capex, short for capital expenditures, refers to the money a company spends on acquiring or upgrading tangible assets like buildings, equipment, or technology, which is important for stock investors as it indicates how much a company is investing in its infrastructure to support future growth and profitability.

First Mid Bancshares, Inc. Capital Expenditure
Year Capital Expenditure Growth
1994 455.000
1995 891.000 48.93%
1996 2.232.000 60.08%
1997 1.561.000 -42.99%
1998 2.169.000 28.03%
1999 2.778.000 21.92%
2000 1.106.000 -151.18%
2001 1.625.000 31.94%
2002 2.130.000 23.71%
2003 1.052.000 -102.47%
2004 889.000 -18.34%
2005 1.416.000 37.22%
2006 1.272.000 -11.32%
2007 856.000 -48.6%
2008 1.082.000 20.89%
2009 1.954.000 44.63%
2010 1.935.000 -0.98%
2011 4.625.000 58.16%
2012 1.486.000 -211.24%
2013 1.397.000 -6.37%
2014 1.178.000 -18.59%
2015 1.762.000 33.14%
2016 709.000 -148.52%
2017 1.274.000 44.35%
2018 3.112.000 59.06%
2019 4.103.000 24.15%
2020 2.463.000 -66.59%
2021 3.702.000 33.47%
2022 5.020.000 26.25%
2023 0 0%

Balance Sheet

Balance sheets provide a snapshot of a company's financial health and its assets (such as cash, inventory, and property) and liabilities (like debts and obligations) at a specific point in time. For stock investors, balance sheets help assess the company's overall worth and evaluate its ability to meet financial obligations and support future growth.

Equity refers to the ownership interest or stake that shareholders have in a company, representing their claim on its assets and earnings after all debts and liabilities are paid.

First Mid Bancshares, Inc. Equity
Year Equity Growth
1994 30.600.000
1995 35.309.000 13.34%
1996 39.904.000 11.52%
1997 45.576.000 12.45%
1998 50.480.000 9.71%
1999 51.518.000 2.01%
2000 57.727.000 10.76%
2001 63.925.000 9.7%
2002 66.807.000 4.31%
2003 70.595.000 5.37%
2004 69.154.000 -2.08%
2005 72.326.000 4.39%
2006 75.786.000 4.57%
2007 80.452.000 5.8%
2008 82.778.000 2.81%
2009 111.221.000 25.57%
2010 112.265.000 0.93%
2011 140.967.000 20.36%
2012 156.687.000 10.03%
2013 149.381.000 -4.89%
2014 164.916.000 9.42%
2015 205.009.000 19.56%
2016 280.673.000 26.96%
2017 307.964.000 8.86%
2018 475.864.000 35.28%
2019 526.609.000 9.64%
2020 568.228.000 7.32%
2021 633.894.000 10.36%
2022 633.155.000 -0.12%
2023 737.948.000 14.2%

Assets represent the valuable resources that a company owns, such as cash, inventory, property, and equipment, and understanding a company's assets helps investors assess its value and potential for generating future profits.

First Mid Bancshares, Inc. Assets
Year Assets Growth
1994 451.158.000
1995 472.494.000 4.52%
1996 515.397.000 8.32%
1997 532.978.000 3.3%
1998 554.663.000 3.91%
1999 601.103.000 7.73%
2000 642.999.000 6.52%
2001 705.979.000 8.92%
2002 776.240.000 9.05%
2003 793.645.000 2.19%
2004 826.728.000 4%
2005 850.573.000 2.8%
2006 980.559.000 13.26%
2007 1.016.338.000 3.52%
2008 1.049.700.000 3.18%
2009 1.095.155.000 4.15%
2010 1.468.245.000 25.41%
2011 1.500.956.000 2.18%
2012 1.578.032.000 4.88%
2013 1.605.498.000 1.71%
2014 1.607.103.000 0.1%
2015 2.114.499.000 24%
2016 2.884.535.000 26.7%
2017 2.841.539.000 -1.51%
2018 3.839.734.000 26%
2019 3.839.426.000 -0.01%
2020 4.726.348.000 18.77%
2021 5.986.582.000 21.05%
2022 6.744.215.000 11.23%
2023 7.855.294.000 14.14%

Liabilities refer to the financial obligations or debts that a company owes to creditors or external parties, and understanding a company's liabilities is important for investors as it helps assess the company's financial risk and ability to meet its obligations.

First Mid Bancshares, Inc. Liabilities
Year Liabilities Growth
1994 420.558.000
1995 437.185.000 3.8%
1996 475.493.000 8.06%
1997 487.402.000 2.44%
1998 504.183.000 3.33%
1999 549.585.000 8.26%
2000 585.272.000 6.1%
2001 642.054.000 8.84%
2002 709.433.000 9.5%
2003 723.050.000 1.88%
2004 757.574.000 4.56%
2005 778.247.000 2.66%
2006 904.773.000 13.98%
2007 935.886.000 3.32%
2008 966.922.000 3.21%
2009 983.934.000 1.73%
2010 1.355.980.000 27.44%
2011 1.359.989.000 0.29%
2012 1.421.345.000 4.32%
2013 1.456.117.000 2.39%
2014 1.442.187.000 -0.97%
2015 1.909.490.000 24.47%
2016 2.603.862.000 26.67%
2017 2.533.575.000 -2.77%
2018 3.363.870.000 24.68%
2019 3.312.817.000 -1.54%
2020 4.158.120.000 20.33%
2021 5.352.688.000 22.32%
2022 6.111.060.000 12.41%
2023 495.604.000 -1133.05%

First Mid Bancshares, Inc. Financial Ratio (TTM)

Valuation Metrics

Revenue per Share
11.68
Net Income per Share
3.22
Price to Earning Ratio
10.22x
Price To Sales Ratio
3.02x
POCF Ratio
13.97
PFCF Ratio
15.92
Price to Book Ratio
0.99
EV to Sales
3.45
EV Over EBITDA
6.63
EV to Operating CashFlow
17.14
EV to FreeCashFlow
18.2
Earnings Yield
0.1
FreeCashFlow Yield
0.06
Market Cap
0,78 Bil.
Enterprise Value
0,90 Bil.
Graham Number
49.04
Graham NetNet
-3.83

Income Statement Metrics

Net Income per Share
3.22
Income Quality
0.93
ROE
0.11
Return On Assets
0.01
Return On Capital Employed
0.05
Net Income per EBT
0.78
EBT Per Ebit
0.81
Ebit per Revenue
0.35
Effective Tax Rate
0.22

Margins

Sales, General, & Administrative to Revenue
0.39
Research & Developement to Revenue
0
Stock Based Compensation to Revenue
0
Gross Profit Margin
0.93
Operating Profit Margin
0.35
Pretax Profit Margin
0.29
Net Profit Margin
0.22

Dividends

Dividend Yield
0.03
Dividend Yield %
2.8
Payout Ratio
0.2
Dividend Per Share
0.92

Operating Metrics

Operating Cashflow per Share
2.35
Free CashFlow per Share
2.22
Capex to Operating CashFlow
-0.06
Capex to Revenue
-0.01
Capex to Depreciation
-0.24
Return on Invested Capital
0.08
Return on Tangible Assets
0.01
Days Sales Outstanding
51.29
Days Payables Outstanding
0
Days of Inventory on Hand
0
Receivables Turnover
7.12
Payables Turnover
0
Inventory Turnover
0
Capex per Share
-0.14

Balance Sheet

Cash per Share
17,25
Book Value per Share
33,21
Tangible Book Value per Share
319.16
Shareholders Equity per Share
33.21
Interest Debt per Share
26.32
Debt to Equity
0.67
Debt to Assets
0.06
Net Debt to EBITDA
0.83
Current Ratio
0
Tangible Asset Value
7,09 Bil.
Net Current Asset Value
-0,11 Bil.
Invested Capital
0.67
Working Capital
0,38 Bil.
Intangibles to Total Assets
0.03
Average Receivables
0,03 Bil.
Average Payables
0,00 Bil.
Average Inventory
0
Debt to Market Cap
0.63

Dividends

Dividends in stock investing are like rewards that companies give to their shareholders. They are a portion of the company's profits distributed to investors, typically in the form of cash payments, as a way for them to share in the company's success.

First Mid Bancshares, Inc. Dividends
Year Dividends Growth
2001 0
2002 0 0%
2003 1 0%
2004 1 0%
2005 1 0%
2006 1 0%
2007 0 0%
2008 0 0%
2009 0 0%
2010 0 0%
2011 0 0%
2012 0 0%
2013 0 0%
2014 1 0%
2015 1 0%
2016 1 0%
2017 1 0%
2018 1 0%
2019 1 0%
2020 1 0%
2021 1 0%
2022 1 0%
2023 1 0%

First Mid Bancshares, Inc. Profile

About First Mid Bancshares, Inc.

First Mid Bancshares, Inc., a financial holding company, provides community banking products and services to commercial, retail, and agricultural customers in the United States. It accepts various deposit products, such as demand deposits, savings accounts, money market deposits, and time deposits. The company's loan products include commercial real estate, commercial and industrial, agricultural and agricultural real estate, residential real estate, and consumer loans; and other loans comprising loans to municipalities to support community projects, such as infrastructure improvements or equipment purchases. It also offers wealth management services, which include estate planning, investment, and farm management and brokerage services for individuals; and employee benefit services for business enterprises. In addition, the company provides property and casualty, senior insurance products, and group medical insurance for businesses; and personal lines insurance to individuals. It operates through a network of 52 banking centers in Illinois and 14 offices in Missouri, as well as a loan production office in Indiana. The company was formerly known as First Mid-Illinois Bancshares, Inc. and changed its name to First Mid Bancshares, Inc. in April 2019. First Mid Bancshares, Inc. was founded in 1865 and is headquartered in Mattoon, Illinois.

CEO
Mr. Joseph R. Dively
Employee
1.158
Address
1421 Charleston Avenue
Mattoon, 61938

First Mid Bancshares, Inc. Executives & BODs

First Mid Bancshares, Inc. Executives & BODs
# Name Age
1 Mr. Bradley L. Beesley
Executive Vice President
70
2 Mr. Jeremy R. Frieburg
Senior Vice President & Chief Information Officer
70
3 Mr. Jason M. Crowder
SVice President & General Counsel
70
4 Mr. Eric S. McRae
Executive Vice President
70
5 Mr. Matthew K. Smith CPA
Executive Vice President & Chief Financial Officer
70
6 Ms. Rhonda R. Gatons
Executive Vice President & Director of Human Resources
70
7 Mr. Joseph R. Dively
Chairman, President & Chief Executive Officer
70
8 Ms. Amanda D. Lewis
Executive Vice President
70
9 Mr. Jordan D. Read
Senior Vice President & Chief Risk Officer
70
10 Mr. Michael L. Taylor
Senior EVice President & Chief Operating Officer
70

First Mid Bancshares, Inc. Competitors