8-K Announcements
6Material company update
May 1, 2026·SEC
Material company update
Apr 29, 2026·SEC
Material company update
Apr 29, 2026·SEC
First Mid Bancshares, Inc.(FMBH)Earnings, Financials & Key Ratios
FMBH•NASDAQ•Banking & Credit
$47.47
12.4× P/E·Price updated Jun 25, 2026
AboutFirst 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.Show more
- Net Interest Income$256M+12.0%
- Total Revenue$466M+4.2%
- Net Income$92M+16.3%
- Return on Equity10.17%+5.6%
- Net Interest Margin3.22%+5.7%
- Efficiency Ratio47.69%+2.3%
- ROA1.18%+13.4%
- Equity / Assets12.03%+6.9%
- Book Value per Share39.97+12.8%
FMBH Price & Volume
First Mid Bancshares, Inc. (FMBH) stock price & volume — 10-year historical chart
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Agricultural Exposure Drives Volatile Earnings Growth Profile
Investment Thesis • Updated 2026Q1
VerdictNeutral
Growth:Mixed
Profitability:Moderate
Financial Position:Healthy
Cash Flow:Mixed
Primary Risk:Agricultural sector credit concentration
"First Mid Bancshares exhibits a complex financial profile characterized by significant asset expansion, with total assets growing from $7.6B in 2023Q4 to $9.3B in 2026Q1, largely driven by a $8.0B investment securities portfolio. While the bank maintains a stable equity-to-assets ratio of 0.12, investors should monitor the volatility in credit provisioning, highlighted by a $32.1M charge in 2025Q3, which suggests heightened sensitivity to its agricultural lending niche. The institution's reliance on non-interest income, which experienced a $58.6M loss in 2025Q3, warrants further investigation into the sustainability of its core earnings trajectory."
Verdict Logic
while the bank maintains a stable equity-to-assets ratio of 0.12, the significant volatility in quarterly provision expenses, peaking at $32.1M in 2025Q3, suggests underlying credit risks that may offset the current 2.0% dividend yield.
FMBH Growth Metrics
First Mid Bancshares, Inc. (FMBH) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Revenue CAGR
10 Years19.3%
5 Years18.27%
3 Years17.64%
TTM-
Profit CAGR
10 Years18.71%
5 Years15.17%
3 Years7.94%
TTM19.04%
EPS CAGR
10 Years7.78%
5 Years7.24%
3 Years2.09%
TTM18.15%
Return on Capital
10 Years8.84%
5 Years8.14%
3 Years8.11%
Last Year8.93%
FMBH Recent Earnings
First Mid Bancshares, Inc. (FMBH) EPS & revenue vs analyst estimates — last 4 quarters
●Beat EPS 7/12 qtrs (64%)●Beat Revenue 9/12 qtrs (90%)
Q2 2026Latest
Apr 29, 2026Metric
Actual
Est
EPS
$1.14+10.7%
$1.03
Rev
$99M+2.2%
$96M
Q1 2026
Jan 29, 2026Metric
Actual
Est
EPS
$1.06+0.0%
$1.06
Rev
$90M-2.5%
$92M
Q4 2025
Oct 30, 2025Metric
Actual
Est
EPS
$0.97+0.3%
$0.97
Rev
$93M+42.4%
$65M
Q3 2025
Jul 24, 2025Metric
Actual
Est
EPS
$0.99+7.7%
$0.92
Rev
$86M+31.6%
$66M
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q2 2026Latest | Apr 29, 2026 | $1.14vs $1.03+10.7% | $99Mvs $96M+2.2% |
| Q1 2026 | Jan 29, 2026 | $1.06vs $1.06+0.0% | $90Mvs $92M-2.5% |
| Q4 2025 | Oct 30, 2025 | $0.97vs $0.97+0.3% | $93Mvs $65M+42.4% |
| Q3 2025 | Jul 24, 2025 | $0.99vs $0.92+7.7% | $86Mvs $66M+31.6% |
Based on last 12 quarters of dataView full earnings history →
Peers Comparison
Key metrics vs top competitors for First Mid Bancshares, Inc. (FMBH)
| Company | Price | Market Cap | P/E Ratio | Rev Growth (1Y) | Net Margin | ROE | Div Yield |
|---|---|---|---|---|---|---|---|
| $47.47 | $1.26B | 12.39 | 4.19% | 19.69% | 10.17% | 2.05% | |
| $56.27 | $972.03M | 10.31 | 2.74% | 24.23% | 13.36% | — | |
| $78.86 | $2.9B | 21.20 | 9.85% | 18.61% | 10.94% | — | |
| $96.62 | $1.6B | 12.85 | 1.53% | 22.15% | 12.33% | — | |
| $28.56 | $366.99M | 13.86 | 18.96% | 14.29% | 8.79% | — | |
| $49.26 | $2.56B | 14.79 | 10.36% | 19.66% | 9.83% | — |
Compare FMBH vs Peers
First Mid Bancshares, Inc. (FMBH) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
FMBH SEC Filings & Documents
First Mid Bancshares, Inc. (FMBH) SEC filings — annual & quarterly reports (10-K, 10-Q)
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FMBH Frequently Asked Questions
First Mid Bancshares, Inc. (FMBH) stock FAQ — growth, dividends, profitability & financials explained
Growth & Financials
How fast is First Mid Bancshares, Inc. growing?
First Mid Bancshares, Inc. (FMBH) grew revenue by 4.2% over the past year. Growth has been modest.
Is FMBH profitable?
Yes, First Mid Bancshares, Inc. (FMBH) is profitable, generating $95.9M in net income for fiscal year 2025 (19.7% net margin).
Dividend & Returns
Does FMBH pay dividends?
Yes, First Mid Bancshares, Inc. (FMBH) pays a dividend with a yield of 2.05%. This makes it attractive for income-focused investors.
What is FMBH's return on equity?
First Mid Bancshares, Inc. (FMBH) has a return on equity (ROE) of 10.2%. This is reasonable for most industries.
Industry Metrics
What is First Mid Bancshares, Inc.'s net interest margin?
First Mid Bancshares, Inc. (FMBH) has a net interest margin (NIM) of 3.2%. This indicates healthy earnings from lending activities.
What is First Mid Bancshares, Inc.'s efficiency ratio?
First Mid Bancshares, Inc. (FMBH) has an efficiency ratio of 47.7%. This is excellent, indicating strong cost control.