First Mid Bancshares, Inc.

First Mid Bancshares, Inc.

FMBHยทNASDAQ

$44.26

-2.6%
Financial ServicesBanks - Regional

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.

At a Glance

Live Snapshot
Market Cap$1.18B
EPS3.8400
P/E Ratio10.15
Earnings Date07/23/2026
3Y+63.0%
5Y+131.0%
10Y+364.0%
3Y+26.0%
5Y+103.0%
10Y+320.0%
3Y+99.0%
5Y+106.0%
10Y+377.0%
First Mid Bancshares, Inc.

First Mid Bancshares, Inc. Profit Bridge

FMBH ยท NASDAQ
Revenue466.04M
Cost of Goods Sold (126.75M)
Gross Profit339.30M
Operating Expenses (222.25M)
Operating Income117.05M
Interest Expense (116.83M)
Other Income/Expense0.00
Pretax Income117.05M
Income Tax (25.30M)
Net Income91.75M
Net Income
91.75M

Profitability Analysis

Gross Margin

72.8%

Exceptional pricing power and cost management. The company retains over half of revenue after direct costs.

Operating Margin

25.1%

Outstanding operational efficiency. The company generates substantial profit from core operations.

Net Profit Margin

19.7%

Strong net margins indicate efficient operations and favorable tax/interest management.

Effective Tax Rate

21.6%

Moderate tax rate typical for most corporations. Represents standard tax burden on profits.

Profitability Insight

Exceptional profitability across all levels: Strong pricing power, efficient operations, and healthy bottom line indicate a high-quality business with sustainable competitive advantages.

First Mid Bancshares, Inc. Income Statement

FMBH โ€ข NASDAQ

First Mid Bancshares, Inc. Income StatementDec 2025Dec 2024Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009Dec 2008Dec 2007Dec 2006
REVENUE
466M
447.3M
381.6M
286.3M
249.7M
201.4M
202.3M
157M
127.5M
100.4M
79.8M
73.1M
72.8M
74.1M
72.6M
64.7M
64.9M
72.3M
74.6M
68.9M
GROSS PROFIT
(126.7M)
(134.3M)
(112.8M)
(36.4M)
(30.4M)
(32.8M)
(30.5M)
(21.5M)
(13.9M)
(7.1M)
(4.8M)
(3.9M)
(5.7M)
(8.8M)
(11.6M)
(14.5M)
(19.4M)
(24.9M)
(29.3M)
(25.5M)
339.3M
313M
268.8M
249.9M
219.3M
168.5M
171.8M
135.5M
113.6M
93.3M
75M
69.2M
67.1M
65.3M
61M
50.2M
45.4M
47.4M
45.3M
43.5M
OPERATING INCOME
(222.2M)
(208.6M)
(180.4M)
(158.6M)
(152.5M)
(108.8M)
(108.5M)
(87M)
(71.8M)
(59.5M)
(49.2M)
(44.5M)
(43.5M)
(42.8M)
(43.1M)
(36.9M)
(33.2M)
(31.5M)
(30.1M)
(28.4M)
(171.2M)
(131M)
(111.3M)
(103.4M)
(94.9M)
(69.4M)
(64.8M)
(49.7M)
(42M)
(35.2M)
(28.3M)
(26.6M)
(26.2M)
(25.3M)
(24.5M)
(21.1M)
(20.3M)
(18.3M)
(17.3M)
(16.4M)
117M
104.4M
88.4M
91.3M
66.8M
59.7M
63.3M
48.5M
41.7M
33.8M
25.7M
24.7M
23.6M
22.4M
17.9M
13.3M
12.2M
16M
15.2M
15M
PRE-TAX INCOME
(116.8M)
(128.7M)
(106.7M)
(31.6M)
(15.3M)
(16.7M)
(24M)
(12.8M)
(6.5M)
(4.3M)
(3.5M)
(3.3M)
(3.5M)
(6.2M)
(8.5M)
(10.8M)
(15.8M)
(21.3M)
(28.4M)
(24.7M)
256.2M
228.7M
193.5M
184.3M
167.8M
127.4M
125.7M
111.7M
93.1M
71.2M
55.8M
51.5M
49.9M
49.6M
48.3M
40.1M
35.6M
35.7M
31.5M
30.8M
(51.1M)
(77.6M)
(69.1M)
(55.2M)
(57.6M)
(39.4M)
(43.7M)
(37.4M)
(29.8M)
(24.4M)
(20.9M)
(17.9M)
(17.3M)
(17.5M)
(18.6M)
(15.8M)
(12.9M)
(13.2M)
(12.7M)
(12.1M)
117M
104.4M
88.4M
91.3M
66.8M
59.7M
63.3M
48.5M
41.7M
33.8M
25.7M
24.7M
23.6M
22.4M
17.9M
13.3M
12.2M
16M
15.2M
15M
NET INCOME
(25.3M)
(25.5M)
(19.5M)
(18.3M)
(15.3M)
(14.5M)
(15.3M)
(11.9M)
(15M)
(11.9M)
(9.2M)
(9.3M)
(8.8M)
(8.4M)
(6.5M)
(4.5M)
(4M)
(5.4M)
(5.1M)
(5M)
91.7M
78.9M
68.9M
73M
51.5M
45.3M
47.9M
36.6M
26.7M
21.8M
16.5M
15.5M
14.7M
14M
11.4M
8.8M
8.2M
10.5M
10.2M
10M

SEC Filings

FMBH - Filing history and reports

Filing TypeFiling DatePeriod EndingFiscal YearActions
10-Q

10-Q 2026 Q1

Q1

May 08, 2026
March 31, 2026
2026
8-K

8-K 2026

N/A

May 01, 2026
May 01, 2026
2026
8-K

8-K 2026

N/A

April 29, 2026
April 29, 2026
2026
8-K

8-K 2026

N/A

April 29, 2026
April 29, 2026
2026
8-K

8-K 2026

N/A

April 15, 2026
April 15, 2026
2026
DEF 14A

DEF 14A 2026

N/A

March 17, 2026
April 29, 2026
2026
8-K

8-K 2026

N/A

March 02, 2026
March 02, 2026
2026
10-K

10-K 2025 FY

FY

February 27, 2026
December 31, 2025
2025
8-K

8-K 2026

N/A

February 25, 2026
February 25, 2026
2026
8-K

8-K 2026

N/A

February 20, 2026
February 20, 2026
2026
Showing 1 to 10 of 481 filings