FIRST MID BANCSHARES INC (FMBH) Stock Fundamental Analysis
USA - NASDAQ:FMBH - US3208661062 - Common Stock
35.95 USD
+0.25 (+0.7%)
FMBH gets a fundamental rating of 4 out of 10. The analysis compared the fundamentals against 388 industry peers in the Banks industry. FMBH may be in some trouble as it scores bad on both profitability and health. FMBH is growing strongly while it also seems undervalued. This is an interesting combination
1. Profitability
1.1 Basic Checks
FMBH had positive earnings in the past year.
FMBH had a positive operating cash flow in the past year.
Each year in the past 5 years FMBH has been profitable.
FMBH had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
The Return On Assets of FMBH (1.10%) is better than 72.68% of its industry peers.
FMBH has a Return On Equity (9.42%) which is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.1% | ||
| ROE | 9.42% | ||
| ROIC | N/A |
ROA(3y)1.01%
ROA(5y)0.97%
ROE(3y)9.85%
ROE(5y)9.13%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
FMBH's Profit Margin of 24.96% is in line compared to the rest of the industry. FMBH outperforms 57.73% of its industry peers.
FMBH's Profit Margin has declined in the last couple of years.
FMBH does not have Operating Margin and Gross Margin available, so we won't be analyzing them here.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | N/A | ||
| PM (TTM) | 24.96% | ||
| GM | N/A |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3Y3.85%
PM growth 5Y-1.64%
GM growth 3YN/A
GM growth 5YN/A
2. Health
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
The debt/assets ratio for FMBH has been reduced compared to a year ago.
2.2 Solvency
The Debt to FCF ratio of FMBH is 2.46, which is a good value as it means it would take FMBH, 2.46 years of fcf income to pay off all of its debts.
FMBH has a Debt to FCF ratio of 2.46. This is comparable to the rest of the industry: FMBH outperforms 44.85% 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 69.33% of its industry peers.
Although FMBH does not score too well on debt/equity it has very limited outstanding debt, which is well covered by the FCF. We will not put too much weight on the debt/equity number as it may be because of low equity, which could be a consequence of a share buyback program for instance. This needs to be investigated.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.33 | ||
| Debt/FCF | 2.46 | ||
| Altman-Z | N/A |
ROIC/WACCN/A
WACC12.33%
2.3 Liquidity
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | N/A | ||
| Quick Ratio | N/A |
3. Growth
3.1 Past
FMBH shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 16.62%, which is quite good.
The Earnings Per Share has been growing slightly by 3.13% on average over the past years.
The Revenue has grown by 8.59% in the past year. This is quite good.
Measured over the past years, FMBH shows a quite strong growth in Revenue. The Revenue has been growing by 12.33% on average per year.
EPS 1Y (TTM)16.62%
EPS 3Y-1.26%
EPS 5Y3.13%
EPS Q2Q%19.75%
Revenue 1Y (TTM)8.59%
Revenue growth 3Y11.01%
Revenue growth 5Y12.33%
Sales Q2Q%15.33%
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 13.53% on average per year.
FMBH is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 17.62% yearly.
EPS Next Y19.17%
EPS Next 2Y13.73%
EPS Next 3Y13.53%
EPS Next 5YN/A
Revenue Next Year17.15%
Revenue Next 2Y15.36%
Revenue Next 3Y17.62%
Revenue Next 5YN/A
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 9.49, the valuation of FMBH can be described as reasonable.
FMBH's Price/Earnings ratio is a bit cheaper when compared to the industry. FMBH is cheaper than 77.06% of the companies in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 25.51, FMBH is valued rather cheaply.
A Price/Forward Earnings ratio of 8.27 indicates a reasonable valuation of FMBH.
FMBH's Price/Forward Earnings ratio is a bit cheaper when compared to the industry. FMBH is cheaper than 74.23% of the companies in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 34.98. FMBH is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.49 | ||
| Fwd PE | 8.27 |
4.2 Price Multiples
Based on the Price/Free Cash Flow ratio, FMBH is valued cheaper than 83.51% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 7.13 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
FMBH's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
A more expensive valuation may be justified as FMBH's earnings are expected to grow with 13.53% in the coming years.
PEG (NY)0.49
PEG (5Y)3.03
EPS Next 2Y13.73%
EPS Next 3Y13.53%
5. Dividend
5.1 Amount
FMBH has a Yearly Dividend Yield of 2.69%. Purely for dividend investing, there may be better candidates out there.
Compared to an average industry Dividend Yield of 3.39, FMBH has a dividend in line with its industry peers.
FMBH's Dividend Yield is comparable with the S&P500 average which is at 2.44.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.69% |
5.2 History
The dividend of FMBH has a limited annual growth rate of 5.65%.
FMBH has been paying a dividend for at least 10 years, so it has a reliable track record.
As FMBH did not decrease their dividend in the past 5 years, we can say the dividend looks stable.
Dividend Growth(5Y)5.65%
Div Incr Years6
Div Non Decr Years6
5.3 Sustainability
FMBH pays out 27.16% of its income as dividend. This is a sustainable payout ratio.
FMBH's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP27.16%
EPS Next 2Y13.73%
EPS Next 3Y13.53%
NASDAQ:FMBH (11/19/2025, 2:04:19 PM)
35.95
+0.25 (+0.7%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupBanks
GICS IndustryBanks
Earnings (Last)
Earnings (Next)
Inst Owners47.46%
Inst Owner Change1.37%
Ins Owners5.07%
Ins Owner Change-0.21%
Market Cap862.80M
Revenue(TTM)346.31M
Net Income(TTM)84.26M
Analysts78.46
Price Target46.19 (28.48%)
Short Float %0.9%
Short Ratio2.96
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.69% |
Yearly Dividend0.94
Dividend Growth(5Y)5.65%
DP27.16%
Div Incr Years6
Div Non Decr Years6
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)3.32%
Min EPS beat(2)0.61%
Max EPS beat(2)6.03%
EPS beat(4)3
Avg EPS beat(4)1.13%
Min EPS beat(4)-5.43%
Max EPS beat(4)6.03%
EPS beat(8)4
Avg EPS beat(8)-3.52%
EPS beat(12)7
Avg EPS beat(12)-1.48%
EPS beat(16)10
Avg EPS beat(16)0.24%
Revenue beat(2)1
Avg Revenue beat(2)0.78%
Min Revenue beat(2)-0.18%
Max Revenue beat(2)1.74%
Revenue beat(4)1
Avg Revenue beat(4)-1.01%
Min Revenue beat(4)-3.38%
Max Revenue beat(4)1.74%
Revenue beat(8)3
Avg Revenue beat(8)-0.46%
Revenue beat(12)5
Avg Revenue beat(12)3.26%
Revenue beat(16)9
Avg Revenue beat(16)11.65%
PT rev (1m)-0.31%
PT rev (3m)-0.31%
EPS NQ rev (1m)-0.15%
EPS NQ rev (3m)2.22%
EPS NY rev (1m)0.21%
EPS NY rev (3m)4.78%
Revenue NQ rev (1m)-0.05%
Revenue NQ rev (3m)1.21%
Revenue NY rev (1m)5.85%
Revenue NY rev (3m)3.08%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.49 | ||
| Fwd PE | 8.27 | ||
| P/S | 2.56 | ||
| P/FCF | 7.13 | ||
| P/OCF | 6.79 | ||
| P/B | 0.96 | ||
| P/tB | 1.35 | ||
| EV/EBITDA | N/A |
EPS(TTM)3.79
EY10.54%
EPS(NY)4.35
Fwd EY12.09%
FCF(TTM)5.04
FCFY14.02%
OCF(TTM)5.29
OCFY14.72%
SpS14.07
BVpS37.26
TBVpS26.61
PEG (NY)0.49
PEG (5Y)3.03
Graham Number56.36
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.1% | ||
| ROE | 9.42% | ||
| ROCE | N/A | ||
| ROIC | N/A | ||
| ROICexc | N/A | ||
| ROICexgc | N/A | ||
| OM | N/A | ||
| PM (TTM) | 24.96% | ||
| GM | N/A | ||
| FCFM | 35.83% |
ROA(3y)1.01%
ROA(5y)0.97%
ROE(3y)9.85%
ROE(5y)9.13%
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 3Y3.85%
PM growth 5Y-1.64%
GM growth 3YN/A
GM growth 5YN/A
F-Score8
Asset Turnover0.04
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.33 | ||
| Debt/FCF | 2.46 | ||
| Debt/EBITDA | N/A | ||
| Cap/Depr | 29.88% | ||
| Cap/Sales | 1.8% | ||
| Interest Coverage | N/A | ||
| Cash Conversion | N/A | ||
| Profit Quality | 143.57% | ||
| Current Ratio | N/A | ||
| Quick Ratio | N/A | ||
| Altman-Z | N/A |
F-Score8
WACC12.33%
ROIC/WACCN/A
Cap/Depr(3y)27.18%
Cap/Depr(5y)25.63%
Cap/Sales(3y)1.59%
Cap/Sales(5y)1.53%
Profit Quality(3y)111.5%
Profit Quality(5y)119.46%
High Growth Momentum
Growth
EPS 1Y (TTM)16.62%
EPS 3Y-1.26%
EPS 5Y3.13%
EPS Q2Q%19.75%
EPS Next Y19.17%
EPS Next 2Y13.73%
EPS Next 3Y13.53%
EPS Next 5YN/A
Revenue 1Y (TTM)8.59%
Revenue growth 3Y11.01%
Revenue growth 5Y12.33%
Sales Q2Q%15.33%
Revenue Next Year17.15%
Revenue Next 2Y15.36%
Revenue Next 3Y17.62%
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 1Y51.79%
FCF growth 3Y21.94%
FCF growth 5Y15.26%
OCF growth 1Y51.47%
OCF growth 3Y21.37%
OCF growth 5Y14.64%
FIRST MID BANCSHARES INC / FMBH FAQ
What is the fundamental rating for FMBH stock?
ChartMill assigns a fundamental rating of 4 / 10 to FMBH.
What is the valuation status of FIRST MID BANCSHARES INC (FMBH) stock?
ChartMill assigns a valuation rating of 7 / 10 to FIRST MID BANCSHARES INC (FMBH). This can be considered as Undervalued.
Can you provide the profitability details for FIRST MID BANCSHARES INC?
FIRST MID BANCSHARES INC (FMBH) has a profitability rating of 3 / 10.
How financially healthy is FIRST MID BANCSHARES INC?
The financial health rating of FIRST MID BANCSHARES INC (FMBH) is 2 / 10.
What is the earnings growth outlook for FIRST MID BANCSHARES INC?
The Earnings per Share (EPS) of FIRST MID BANCSHARES INC (FMBH) is expected to grow by 19.17% in the next year.