FIRST MID BANCSHARES INC (FMBH) Fundamental Analysis & Valuation

NASDAQ:FMBH • US3208661062

39.4 USD
-0.24 (-0.61%)
At close: Mar 13, 2026
39.4 USD
0 (0%)
After Hours: 3/13/2026, 8:27:28 PM
Overview Stock Chart Technical Analysis Fundamental Analysis Forecast Earnings Financials Ownership News

This FMBH fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.

Fundamental Rating

4

Taking everything into account, FMBH scores 4 out of 10 in our fundamental rating. FMBH was compared to 381 industry peers in the Banks industry. Both the profitability and financial health of FMBH have multiple concerns. FMBH is not priced too expensively while it is growing strongly. Keep and eye on this one!


Dividend Valuation Growth Profitability Health

3

1. FMBH Profitability Analysis

1.1 Basic Checks

  • FMBH had positive earnings in the past year.
  • In the past year FMBH had a positive cash flow from operations.
  • Each year in the past 5 years FMBH has been profitable.
  • Of the past 5 years FMBH 4 years had a positive operating cash flow.
FMBH Yearly Net Income VS EBIT VS OCF VS FCFFMBH Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 20M 40M 60M 80M 100M

1.2 Ratios

  • FMBH has a Return On Assets of 1.11%. This is in the better half of the industry: FMBH outperforms 68.50% of its industry peers.
  • FMBH has a Return On Equity of 9.36%. This is comparable to the rest of the industry: FMBH outperforms 55.12% of its industry peers.
Industry RankSector Rank
ROA 1.11%
ROE 9.36%
ROIC N/A
ROA(3y)1.04%
ROA(5y)1.01%
ROE(3y)9.19%
ROE(5y)9.45%
ROIC(3y)N/A
ROIC(5y)N/A
FMBH Yearly ROA, ROE, ROICFMBH Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2 4 6 8 10

1.3 Margins

  • FMBH has a Profit Margin of 25.19%. This is comparable to the rest of the industry: FMBH outperforms 50.92% of its industry peers.
  • In the last couple of years the Profit Margin of FMBH has grown nicely.
  • The Operating Margin and Gross Margin are not available for FMBH so they could not be analyzed.
Industry RankSector Rank
OM N/A
PM (TTM) 25.19%
GM N/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3Y-2.31%
PM growth 5Y1.63%
GM growth 3YN/A
GM growth 5YN/A
FMBH Yearly Profit, Operating, Gross MarginsFMBH Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 5 10 15 20 25

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ROAROEROICOperating and Profit MarginShow most profitable peers

2

2. FMBH Health Analysis

2.1 Basic Checks

  • FMBH does not have a ROIC to compare to the WACC, probably because it is not profitable.
  • The number of shares outstanding for FMBH has been increased compared to 1 year ago.
  • Compared to 5 years ago, FMBH has more shares outstanding
  • Compared to 1 year ago, FMBH has an improved debt to assets ratio.
FMBH Yearly Shares OutstandingFMBH Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 5M 10M 15M 20M
FMBH Yearly Total Debt VS Total AssetsFMBH Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2B 4B 6B

2.2 Solvency

  • FMBH has a debt to FCF ratio of 2.52. This is a good value and a sign of high solvency as FMBH would need 2.52 years to pay back of all of its debts.
  • FMBH's Debt to FCF ratio of 2.52 is in line compared to the rest of the industry. FMBH outperforms 43.04% of its industry peers.
  • A Debt/Equity ratio of 0.33 indicates that FMBH is not too dependend on debt financing.
  • FMBH has a Debt to Equity ratio of 0.33. This is in the lower half of the industry: FMBH underperforms 68.77% of its industry peers.
Industry RankSector Rank
Debt/Equity 0.33
Debt/FCF 2.52
Altman-Z N/A
ROIC/WACCN/A
WACC12.11%
FMBH Yearly LT Debt VS Equity VS FCFFMBH Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 200M 400M 600M 800M

2.3 Liquidity

Industry RankSector Rank
Current Ratio N/A
Quick Ratio N/A
FMBH Yearly Current Assets VS Current LiabilitesFMBH Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 50M 100M 150M 200M

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WACCDebt/EquityHow to determine the health of a companyAltman-Z scoreShow peers with great health

8

3. FMBH Growth Analysis

3.1 Past

  • The Earnings Per Share has grown by an nice 18.45% over the past year.
  • FMBH shows quite a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 8.07% yearly.
  • FMBH shows a small growth in Revenue. In the last year, the Revenue has grown by 7.45%.
  • FMBH shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 13.32% yearly.
EPS 1Y (TTM)18.45%
EPS 3Y2.74%
EPS 5Y8.07%
EPS Q2Q%21.84%
Revenue 1Y (TTM)7.45%
Revenue growth 3Y10.48%
Revenue growth 5Y13.32%
Sales Q2Q%12.86%

3.2 Future

  • Based on estimates for the next years, FMBH will show a quite strong growth in Earnings Per Share. The EPS will grow by 10.92% on average per year.
  • The Revenue is expected to grow by 22.37% on average over the next years. This is a very strong growth
EPS Next Y13.15%
EPS Next 2Y10.92%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year40.55%
Revenue Next 2Y22.37%
Revenue Next 3YN/A
Revenue Next 5YN/A

3.3 Evolution

  • The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
  • The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
FMBH Yearly Revenue VS EstimatesFMBH Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 100M 200M 300M
FMBH Yearly EPS VS EstimatesFMBH Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 1 2 3 4

More info and screens

Find the best growth stocksShow best growing peers

6

4. FMBH Valuation Analysis

4.1 Price/Earnings Ratio

  • FMBH is valuated reasonably with a Price/Earnings ratio of 9.90.
  • Based on the Price/Earnings ratio, FMBH is valued a bit cheaper than the industry average as 75.07% of the companies are valued more expensively.
  • When comparing the Price/Earnings ratio of FMBH to the average of the S&P500 Index (25.70), we can say FMBH is valued rather cheaply.
  • The Price/Forward Earnings ratio is 8.75, which indicates a very decent valuation of FMBH.
  • Compared to the rest of the industry, the Price/Forward Earnings ratio of FMBH indicates a somewhat cheap valuation: FMBH is cheaper than 74.80% of the companies listed in the same industry.
  • The average S&P500 Price/Forward Earnings ratio is at 23.84. FMBH is valued rather cheaply when compared to this.
Industry RankSector Rank
PE 9.9
Fwd PE 8.75
FMBH Price Earnings VS Forward Price EarningsFMBH Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 5 10 15 20 25

4.2 Price Multiples

  • Based on the Price/Free Cash Flow ratio, FMBH is valued cheaply inside the industry as 81.36% of the companies are valued more expensively.
Industry RankSector Rank
P/FCF 7.85
EV/EBITDA N/A
FMBH Per share dataFMBH EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 10 20 30

4.3 Compensation for Growth

  • The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
PEG (NY)0.75
PEG (5Y)1.23
EPS Next 2Y10.92%
EPS Next 3YN/A

More info and screens

Price/EarningsPrice/FCFFCF per shareEV/EBITDAPEG RATIOShow best valued peers

6

5. FMBH Dividend Analysis

5.1 Amount

  • FMBH has a Yearly Dividend Yield of 2.46%. Purely for dividend investing, there may be better candidates out there.
  • Compared to an average industry Dividend Yield of 2.86, FMBH has a dividend in line with its industry peers.
  • Compared to an average S&P500 Dividend Yield of 1.82, FMBH pays a bit more dividend than the S&P500 average.
Industry RankSector Rank
Dividend Yield 2.46%

5.2 History

  • The dividend of FMBH has a limited annual growth rate of 5.65%.
  • FMBH has paid a dividend for at least 10 years, which is a reliable track record.
  • FMBH has not decreased its dividend in the past 5 years, so it has a somewhat stable track record.
Dividend Growth(5Y)5.65%
Div Incr Years6
Div Non Decr Years6
FMBH Yearly Dividends per shareFMBH Yearly Dividends per shareYearly Dividends per share 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 0.2 0.4 0.6 0.8

5.3 Sustainability

  • 26.52% of the earnings are spent on dividend by FMBH. This is a low number and sustainable payout ratio.
  • FMBH's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP26.52%
EPS Next 2Y10.92%
EPS Next 3YN/A
FMBH Yearly Income VS Free CF VS DividendFMBH Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 20M 40M 60M 80M 100M
FMBH Dividend Payout.FMBH Dividend Payout, showing the Payout Ratio.FMBH Dividend Payout.PayoutRetained Earnings

More info and screens

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FMBH Fundamentals: All Metrics, Ratios and Statistics

FIRST MID BANCSHARES INC

NASDAQ:FMBH (3/13/2026, 8:27:28 PM)

After market: 39.4 0 (0%)

39.4

-0.24 (-0.61%)

Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupBanks
GICS IndustryBanks
Earnings (Last)01-29
Earnings (Next)04-28
Inst Owners49.49%
Inst Owner Change3.53%
Ins Owners5.74%
Ins Owner Change0.69%
Market Cap948.75M
Revenue(TTM)349.22M
Net Income(TTM)87.24M
Analysts76.92
Price Target48.96 (24.26%)
Short Float %1.35%
Short Ratio2.65
Dividend
Industry RankSector Rank
Dividend Yield 2.46%
Yearly Dividend0.94
Dividend Growth(5Y)5.65%
DP26.52%
Div Incr Years6
Div Non Decr Years6
Ex-Date02-12
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)2.21%
Min EPS beat(2)-1.6%
Max EPS beat(2)6.03%
EPS beat(4)3
Avg EPS beat(4)2.09%
Min EPS beat(4)-1.6%
Max EPS beat(4)6.03%
EPS beat(8)4
Avg EPS beat(8)-0.96%
EPS beat(12)7
Avg EPS beat(12)-0.94%
EPS beat(16)9
Avg EPS beat(16)-0.92%
Revenue beat(2)1
Avg Revenue beat(2)0.49%
Min Revenue beat(2)-0.76%
Max Revenue beat(2)1.74%
Revenue beat(4)1
Avg Revenue beat(4)-0.36%
Min Revenue beat(4)-2.23%
Max Revenue beat(4)1.74%
Revenue beat(8)2
Avg Revenue beat(8)-0.72%
Revenue beat(12)4
Avg Revenue beat(12)1.1%
Revenue beat(16)8
Avg Revenue beat(16)9.31%
PT rev (1m)1.41%
PT rev (3m)8.39%
EPS NQ rev (1m)0%
EPS NQ rev (3m)0.42%
EPS NY rev (1m)0.05%
EPS NY rev (3m)0.15%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0%
Revenue NY rev (1m)0.43%
Revenue NY rev (3m)17.97%
Valuation
Industry RankSector Rank
PE 9.9
Fwd PE 8.75
P/S 2.74
P/FCF 7.85
P/OCF 7.47
P/B 1.02
P/tB 1.4
EV/EBITDA N/A
EPS(TTM)3.98
EY10.1%
EPS(NY)4.5
Fwd EY11.43%
FCF(TTM)5.02
FCFY12.74%
OCF(TTM)5.27
OCFY13.38%
SpS14.38
BVpS38.71
TBVpS28.11
PEG (NY)0.75
PEG (5Y)1.23
Graham Number58.88
Profitability
Industry RankSector Rank
ROA 1.11%
ROE 9.36%
ROCE N/A
ROIC N/A
ROICexc N/A
ROICexgc N/A
OM N/A
PM (TTM) 25.19%
GM N/A
FCFM 34.91%
ROA(3y)1.04%
ROA(5y)1.01%
ROE(3y)9.19%
ROE(5y)9.45%
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexgc growth 3YN/A
ROICexgc growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3Y-2.31%
PM growth 5Y1.63%
GM growth 3YN/A
GM growth 5YN/A
F-Score8
Asset Turnover0.04
Health
Industry RankSector Rank
Debt/Equity 0.33
Debt/FCF 2.52
Debt/EBITDA N/A
Cap/Depr 30.27%
Cap/Sales 1.75%
Interest Coverage N/A
Cash Conversion N/A
Profit Quality 138.57%
Current Ratio N/A
Quick Ratio N/A
Altman-Z N/A
F-Score8
WACC12.11%
ROIC/WACCN/A
Cap/Depr(3y)N/A
Cap/Depr(5y)N/A
Cap/Sales(3y)N/A
Cap/Sales(5y)N/A
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)18.45%
EPS 3Y2.74%
EPS 5Y8.07%
EPS Q2Q%21.84%
EPS Next Y13.15%
EPS Next 2Y10.92%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)7.45%
Revenue growth 3Y10.48%
Revenue growth 5Y13.32%
Sales Q2Q%12.86%
Revenue Next Year40.55%
Revenue Next 2Y22.37%
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1YN/A
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next YearN/A
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y9.23%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y10.39%
OCF growth 3YN/A
OCF growth 5YN/A

FIRST MID BANCSHARES INC / FMBH FAQ

What is the fundamental rating for FMBH stock?

ChartMill assigns a fundamental rating of 4 / 10 to FMBH.


Can you provide the valuation status for FIRST MID BANCSHARES INC?

ChartMill assigns a valuation rating of 6 / 10 to FIRST MID BANCSHARES INC (FMBH). This can be considered as Fairly Valued.


Can you provide the profitability details for FIRST MID BANCSHARES INC?

FIRST MID BANCSHARES INC (FMBH) has a profitability rating of 3 / 10.


Can you provide the financial health for FMBH stock?

The financial health rating of FIRST MID BANCSHARES INC (FMBH) is 2 / 10.


What is the expected EPS growth for FIRST MID BANCSHARES INC (FMBH) stock?

The Earnings per Share (EPS) of FIRST MID BANCSHARES INC (FMBH) is expected to grow by 13.15% in the next year.