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FMBH stock logo

FMBH

First Mid Bancshares, Inc.

$49.73
0.44
 (0.89%)
Exchange:  NASDAQ
Market Cap:  1.323B
Shares Outstanding:  3.228M
Delayed data
Overview
Earnings
Financials
Valuation
Chart

About The Company

Sector:  Financial ServicesView sector performance
Industry:  Banks – RegionalView industry performance
   
CEO:  Matthew K. Smith
Full Time Employees:  1316
Address: 
1421 Charleston Avenue
Mattoon
IL
61938
US
Website:  https://www.firstmid.com
First Mid Bancshares, Inc. (FMBH) functions as a financial holding company, delivering a broad spectrum of community banking solutions to commercial, retail, and agricultural clients throughout the United States. The institution facilitates various deposit accounts, including checking, savings, money market, and certificates of deposit. Its comprehensive lending suite encompasses financing for commercial real estate, industrial operations, agricultural endeavors (including related real estate), residential properties, and consumer needs. Furthermore, it extends credit to municipalities for community development projects, such as infrastructure enhancements or equipment procurement. Beyond its core banking activities, First Mid Bancshares offers specialized wealth management services. These include estate planning, investment guidance, and farm management and brokerage services for individuals, alongside employee benefit programs for businesses. The company also provides a range of insurance products, featuring property and casualty, senior-specific plans, and group medical coverage for corporate clients, in addition to personal lines for individuals. Geographically, First Mid Bancshares maintains a substantial footprint, operating 52 banking branches across Illinois, 14 offices in Missouri, and a dedicated loan production facility in Indiana. Founded in 1865, the company is based in Mattoon, Illinois. It was previously known as First Mid-Illinois Bancshares, Inc., before rebranding to its current name in April 2019.

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Revenue Segmentation

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Industry Peers

TICKERCOMPANYMKT CAPP/EFWD P/EROIC
FMFMBH logoFMBHFirst Mid Bancshares, Inc.1.3B12.011.13.3%
PEPEBO logoPEBOPeoples Bancorp Inc.1.3B10.710.11.1%
HBHBT logoHBTHBT Financial, Inc.1.3B14.911.78.0%
CTCTBI logoCTBICommunity Trust Bancorp, Inc.1.4B12.411.81.5%
OSOSBC logoOSBCOld Second Bancorp, Inc.1.3B13.811.31.4%
TMTMP logoTMPTompkins Financial Corporation1.4B7.812.56.9%

EPS

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Earnings Call

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Income Statement
Balance Sheet
Cash Flow Statement
Analyst Estimates

Income Statement

Year202320242025
Revenue381,630447,281466,041
Gross Profit268,823312,995339,295
EBITDA103,309125,174136,819
Operating Income88,405104,396117,048
Net Income68,93578,89891,749

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(* All numbers are in thousands)

Balance Sheet

Year202320242025
Total Assets7,586,7947,540,2567,966,658
Total Liabilities6,793,5906,673,3437,007,966
Total Stockholders Equity793,204846,391958,692
Total Debt622,936572,584551,178
Cash and Cash Equivalents135,552124,641254,920

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Cash Flow Statement

Year202320242025
Operating Cash Flow72,417124,42563,310
Capital Expenditure-3,639-4,9450
Free Cash Flow68,778119,48063,310
Net Income68,93578,89891,749
Net Change in Cash-9,369-21,84814,083

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(* All numbers are in thousands)

Analyst Estimates

Fiscal Year2028Research AccessResearch AccessResearch AccessResearch Access
Estimated Revenue (Low)472,775.001Research AccessResearch AccessResearch AccessResearch Access
Estimated Revenue (High)480,882.578Research AccessResearch AccessResearch AccessResearch Access
Estimated Revenue (Avg)477,100Research AccessResearch AccessResearch AccessResearch Access
Estimated Ebitda (Low)173,264.910Research AccessResearch AccessResearch AccessResearch Access
Estimated Ebitda (High)176,844.603Research AccessResearch AccessResearch AccessResearch Access
Estimated Ebitda (Avg)175,054.756Research AccessResearch AccessResearch AccessResearch Access
Estimated Net Income (Low)124,563.620Research AccessResearch AccessResearch AccessResearch Access
Estimated Net Income (High)127,348.214Research AccessResearch AccessResearch AccessResearch Access
Estimated Net Income (Avg)125,955.917Research AccessResearch AccessResearch AccessResearch Access
Estimated SGA Expense (Low)160,088.794Research AccessResearch AccessResearch AccessResearch Access
Estimated SGA Expense (High)162,834.143Research AccessResearch AccessResearch AccessResearch Access
Estimated SGA Expense (Avg)161,553.305Research AccessResearch AccessResearch AccessResearch Access
Estimated EPS (Avg)5.260Research AccessResearch AccessResearch AccessResearch Access
Estimated EPS (High)5.310Research AccessResearch AccessResearch AccessResearch Access
Estimated EPS (Low)5.190Research AccessResearch AccessResearch AccessResearch Access
Number of Analysts (Estimated Revenue)1Research AccessResearch AccessResearch AccessResearch Access
Number of Analysts (Estimated EPS)1Research AccessResearch AccessResearch AccessResearch Access

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(* All numbers are in thousands)

Current Key Metrics

?Revenue
 (TTM)
: 
453.254M  ?P/S
 (TTM)
: 
2.84
?Net Income
 (TTM)
: 
78.898M  ?P/E
 (TTM)
: 
12.01
?Enterprise Value
 (TTM)
: 
1.6B  ?EV/FCF
 (TTM)
: 
12.95
?Dividend Yield
 (TTM)
: 
2.08%  ?Payout Ratio
 (TTM)
: 
24.48%
?ROE
 (TTM)
: 
9.86%  ?ROIC
 (TTM)
: 
3.28%
?Net Debt
 (TTM)
: 
480.472M  ?Debt/Equity
 (TTM)
: 
0.56
?P/B
 (TTM)
: 
1.17  ?Current Ratio
 (TTM)
: 
0.21

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Forward P/E Ratios

?

Forward P/E (Avg EPS estimate) — log in with Research Access for high/low estimates and the interactive table.

Forward P/E 1YResearch AccessResearch AccessResearch AccessResearch Access
11.13Research AccessResearch AccessResearch AccessResearch Access

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SWOT Analysis

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At what price to buy it? -
Intrinsic Value Calculator

Based on current fundamentals and analyst forecasts, MarketSnap estimates FMBH intrinsic value between $22.23 – $45.02 per share. This depends on revenue growth, margins, and discount rate.

This is an automatic estimate. The most reliable way to know fair value for your own assumptions is to run the calculator below.


Calculate FMBH Intrinsic Value

Common questions about FMBH valuation

Is First Mid Bancshares, Inc. (FMBH) overvalued or undervalued right now?

MarketSnap estimates intrinsic value for First Mid Bancshares, Inc. (FMBH) using its proprietary valuation methodology, which incorporates discounted cash flow (DCF) analysis together with long-term earnings and fundamentals assumptions. By comparing intrinsic value to the current market price, long-term investors can see whether the stock screens as potentially overvalued, fairly valued, or undervalued today.

Is FMBH a buy, hold, or sell for long-term investors?

MarketSnap does not give one-word “buy” or “sell” calls. Instead, it shows whether FMBH trades at a premium or discount to its estimated intrinsic value, how sensitive that value is to growth and margin assumptions, and how the stock fits into a diversified, long-term portfolio so investors can make their own buy, hold, or sell decision.

What is FMBH’s P/E ratio?

You can see FMBH’s trailing P/E (TTM) and forward P/E estimates in the Current Key Metrics and Forward P/E Ratios sections above. The P/E ratio compares the current share price to earnings per share and helps investors gauge valuation relative to earnings.

How is intrinsic value calculated for FMBH?

MarketSnap uses its own valuation framework—not a generic spreadsheet DCF alone. Future cash flows and earnings are projected, discounted, and combined with MarketSnap’s methodology so intrinsic value reflects fundamentals and long-term assumptions. You can run your own inputs and see the result using the Intrinsic Value Calculator above.

Is FMBH a good long-term investment?

Whether FMBH fits a long-term portfolio depends on your assumptions about growth, margins, and risk. MarketSnap provides the metrics, intrinsic value calculator, and SWOT context so you can form your own view rather than rely on a single buy/sell rating.

Research tools for First Mid Bancshares, Inc.

  • First Mid Bancshares, Inc. intrinsic value calculatorEstimate what the business is worth
  • First Mid Bancshares, Inc. 5-year outlookWhat has to go right, and what could go wrong
FMBH

1-day price chart preview. Log in for 1W through 5Y ranges and period tabs.

Daily snapshot

0.89
MarketSnap

Trading Metrics:

Open: 49.49   Previous Close: 49.29
Day Low: 49.49   Day High: 50.42
Year Low: 34.16   Year High: 53.36
Price Avg 50: 50.21   Price Avg 200: 45.49
Volume: 259603   Average Volume: 147039

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See in Nexus

Relevant news

Why First Mid Bancshares (FMBH) is a Great Dividend Stock Right Now
12-10-2026 12:46
Why First Mid Bancshares (FMBH) is a Great Dividend Stock Right Now
Why First Mid Bancshares (FMBH) is a Top Dividend Stock for Your Portfolio
12-06-2026 12:46
Why First Mid Bancshares (FMBH) is a Top Dividend Stock for Your Portfolio
First Mid Bancshares (FMBH) Upgraded to Buy: Here's Why
10-09-2026 13:01
First Mid Bancshares (FMBH) Upgraded to Buy: Here's Why
First Mid Bancshares (FMBH) Could Be a Great Choice
27-05-2026 12:45
First Mid Bancshares (FMBH) Could Be a Great Choice
First Mid Bancshares (FMBH) Is Up 3.60% in One Week: What You Should Know
28-07-2026 13:01
First Mid Bancshares (FMBH) Is Up 3.60% in One Week: What You Should Know
First Mid Bancshares (FMBH) Q2 Earnings and Revenues Top Estimates
23-07-2026 10:16
First Mid Bancshares (FMBH) Q2 Earnings and Revenues Top Estimates

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