First Mid Bancshares, Inc. logo FMBH - First Mid Bancshares, Inc.

Price: -- -- | CONSENSUS: Hold DETAILS
STRONG
BUY
0
BUY 2
HOLD 3
SELL 0
STRONG
SELL
0
| PRICE TARGET: $50.00 DETAILS
HIGH: $55.00
LOW: $47.00
MEDIAN: $48.00
CONSENSUS: $50.00
UPSIDE: 13.69%
Metric 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000 1999 1998 1997 1996 1995 1994
Revenue
Revenue 466.0 447.3 381.6 286.3 249.7 201.4 202.2 157.0 127.5 100.4 79.8 73.1 72.8 74.1 72.6 64.7 64.9 72.3 74.6 68.9 57.1 51.7 51.2 51.8 54.3 51.0 25.7 25.5 25.3 22.8 21.0 15.9
Cost of Revenue 126.7 134.3 112.8 36.4 30.4 32.8 30.5 21.5 13.9 7.1 4.8 3.9 5.7 8.8 11.6 14.5 19.4 24.9 29.3 25.5 16.8 12.2 12.9 15.7 22.2 23.1 19.0 19.2 19.8 18.0 17.0 12.1
Gross Profit 339.3 313.0 268.8 249.9 219.3 168.5 171.8 135.5 113.6 93.3 75.0 69.2 67.1 65.3 61.0 50.2 45.4 47.4 45.3 43.5 40.3 39.4 38.3 36.0 32.1 27.8 6.7 6.3 5.4 4.8 4.0 3.8
Operating Expenses
R&D Expenses 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
SG&A Expenses 171.2 131.0 111.3 103.4 94.9 69.4 64.8 49.7 42.0 35.2 28.3 26.6 26.2 25.3 24.5 21.1 20.3 18.3 17.3 16.4 14.0 14.4 13.9 13.2 11.9 10.9 9.6 8.6 7.9 7.9 7.5 7.0
Other Expenses 51.1 77.6 69.1 55.2 57.6 39.4 43.7 37.4 29.8 24.4 20.9 17.9 17.3 17.5 18.6 15.8 12.9 13.2 12.7 12.1 11.3 10.7 10.6 10.8 10.6 9.3 (10.4) (9.8) (9.9) (9.6) (9.2) (8.0)
Operating Expenses 222.2 208.6 180.4 158.6 152.5 108.8 108.5 87.0 71.8 59.5 49.2 44.5 43.5 42.8 43.1 36.9 33.2 31.5 30.1 28.4 25.4 25.1 24.5 24.0 22.5 20.1 (0.8) (1.2) (1.9) (1.6) (1.7) (1.1)
Operating Income
Operating Income 117.0 104.4 88.4 91.3 66.8 59.7 63.3 48.5 41.7 33.8 25.7 24.7 23.6 22.4 17.9 13.3 12.2 16.0 15.2 15.0 14.9 14.3 13.8 12.0 9.6 7.7 7.5 7.5 7.4 6.4 5.8 4.9
Interest Expense 116.8 128.7 106.7 31.6 15.3 16.7 24.0 12.8 6.5 4.3 3.5 3.3 3.5 6.2 8.5 10.8 15.8 21.3 28.4 24.7 15.7 11.6 11.9 14.7 21.6 22.6 18.4 18.6 19.1 17.8 16.7 11.9
Interest Income 373.0 357.4 300.2 215.9 183.0 144.1 149.7 124.6 99.6 75.5 59.3 54.7 53.5 55.8 56.8 50.9 51.4 57.1 59.9 55.6 44.6 40.0 38.9 41.4 45.5 44.2 39.2 37.5 37.8 35.6 33.5 26.4
Profitability
EBITDA 117.0 125.2 103.3 106.4 81.2 71.5 74.1 56.4 49.9 41.7 30.2 28.7 28.2 27.8 23.3 17.2 15.3 18.2 17.1 16.7 16.4 16.7 16.9 15.2 12.8 10.6 9.9 9.6 9.2 7.7 7.0 6.4
EBIT 117.0 104.4 88.4 91.3 66.8 59.7 63.3 48.5 41.7 33.8 25.7 24.7 23.6 22.4 17.9 13.3 12.2 16.0 15.2 15.0 14.9 14.3 13.8 12.0 9.6 7.7 7.5 7.5 7.4 6.4 5.8 4.9
Income Before Tax 117.0 104.4 88.4 91.3 66.8 59.7 63.3 48.5 41.7 33.8 25.7 24.7 23.6 22.4 17.9 13.3 12.2 16.0 15.2 15.0 14.9 14.3 13.8 12.0 9.6 7.7 7.5 7.5 7.4 6.4 5.8 4.9
Income Tax Expense 25.3 25.5 19.5 18.3 15.3 14.5 15.3 11.9 15.0 11.9 9.2 9.3 8.8 8.4 6.5 4.5 4.0 5.4 5.1 5.0 5.1 4.5 4.7 4.0 3.0 2.0 2.2 2.4 2.6 2.3 1.8 1.4
Net Income 91.7 78.9 68.9 73.0 51.5 45.3 47.9 36.6 26.7 21.8 16.5 15.5 14.7 14.0 11.4 8.8 8.2 10.5 10.2 10.0 9.8 9.8 9.1 8.0 6.5 5.7 5.2 5.1 4.7 4.2 3.9 3.4
Per Share Data
EPS (Basic) 3.84 3.31 3.17 3.62 2.88 2.71 2.88 2.53 2.13 2.07 1.84 1.88 1.74 1.62 1.29 1.07 1.04 1.69 1.60 1.54 1.48 1.45 1.28 1.07 0.86 0.74 0.71 0.71 0.68 0.63 1.21 1.06
EPS (Diluted) 3.83 3.30 3.15 3.60 2.87 2.70 2.87 2.52 2.13 2.05 1.81 1.85 1.73 1.62 1.29 1.07 1.04 1.67 1.57 1.51 1.44 1.42 1.25 1.05 0.85 0.74 0.68 0.66 0.64 0.59 1.15 1.02
Shares Outstanding 23.9 23.8 21.8 20.2 17.9 16.7 16.7 14.5 12.5 10.6 9.0 8.2 5.9 6.0 6.0 6.1 6.1 6.2 6.3 6.5 6.6 6.7 7.1 7.5 7.6 7.6 7.4 7.1 6.9 6.7 3.2 3.2
Metric 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2009 2008 2004 2003 2002 2001 2000 1999 1998 1997 1996 1995 1994
Current Assets
Cash & Cash Equivalents 256.6 124.6 135.6 146.3 169.7 418.7 88.8 148.3 90.1 151.6 39.8 48.3 21.1 23.6 42.4 28.9 22.1 21.8 21.8 26.7 27.1 23.3 17.7
Short-Term Investments 828.5 1,063.3 1,171.6 1,219.0 1,421.4 879.2 685.6 692.3 578.6 619.8 0 0 0 0 0 0 0 0 0 0 0 0 0
Net Receivables 39.9 38.6 35.1 28.4 19.9 19.3 15.6 16.9 10.8 10.6 6.9 7.2 5.4 5.6 6.4 6.8 7.4 5.9 5.7 5.4 5.2 4.4 3.9
Inventory 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Other Current Assets 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Total Current Assets 1,125.0 1,226.6 1,342.2 1,393.6 1,611.0 1,317.2 790.0 857.5 679.5 782.0 46.6 55.5 26.5 29.1 48.8 35.7 29.5 27.8 27.5 32.0 32.3 27.7 21.6
Non-Current Assets
Property, Plant & Equipment 103.5 114.1 115.7 106.2 96.6 75.4 76.5 59.1 38.3 40.3 15.5 15.0 15.2 16.1 16.9 16.7 15.4 16.2 13.2 12.4 10.7 9.5 9.3
Goodwill 203.4 203.4 196.5 140.4 111.9 105.0 105.0 105.3 60.1 57.8 17.4 17.4 0 0 0 0 0 0 0 0 0 0 0
Intangible Assets 49.6 58.5 67.8 29.5 29.5 23.1 28.3 33.8 10.7 12.8 2.8 3.6 0 0 0 0 0 0 0 0 0 0 0
Long-Term Investments 6,191.8 5,609.0 5,518.2 4,770.4 3,948.3 3,101.7 2,738.4 2,687.8 1,988.9 1,883.5 930.4 904.4 763.6 726.6 664.5 631.7 578.8 537.7 503.2 475.4 463.1 427.0 410.8
Other Non-Current Assets 247.2 248.6 276.3 231.8 182.0 103.9 101.3 96.3 64.1 108.1 82.4 53.9 9.0 9.2 32.3 9.6 7.1 6.2 2.9 4.7 3.7 2.3 2.7
Total Non-Current Assets 6,841.7 6,293.2 6,244.6 5,350.6 4,375.6 3,409.2 3,049.4 2,982.3 2,162.1 2,102.5 1,048.5 994.2 800.2 764.8 727.4 670.3 613.5 573.3 527.1 500.9 483.1 444.8 429.5
Total Assets 7,966.7 7,519.7 7,586.8 6,744.2 5,986.6 4,726.3 3,839.4 3,839.7 2,841.5 2,884.5 1,095.2 1,049.7 826.7 794.0 776.2 706.0 643.0 601.1 554.7 533.0 515.4 472.5 451.2
Current Liabilities
Account Payables 5.8 5.3 5.4 3.3 1.3 2.3 2.3 1.8 0.6 0.5 0.9 1.6 1.5 1.2 1.8 2.4 2.6 0 0 0 0 0 0
Short-Term Debt 196.7 204.1 213.7 221.4 146.3 206.9 208.1 192.3 155.4 185.8 80.4 80.7 81.3 73.9 88.8 51.2 71.4 1.2 0 0 0 0 0
Deferred Revenue 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Other Current Liabilities 6,395.3 6,057.1 6,123.7 5,257.0 4,956.5 3,692.8 2,917.4 2,988.7 2,274.6 2,329.9 840.4 806.4 650.2 615.0 613.5 559.4 504.0 485.0 449.6 457.6 413.7 396.9 389.6
Total Current Liabilities 6,597.8 6,266.5 6,342.8 5,481.8 5,104.1 3,902.1 3,127.7 3,182.8 2,430.6 2,516.2 921.7 888.7 733.1 690.1 704.1 613.0 578.0 486.2 449.6 457.6 413.7 396.9 389.6
Non-Current Liabilities
Long-Term Debt 354.5 354.3 394.6 579.0 200.0 207.2 137.8 156.5 94.4 82.1 53.4 71.4 40.2 25.9 36.1 25.3 4.3 25.8 24.2 13.2 38.6 18.9 27.3
Deferred Tax Liabilities 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Other Non-Current Liabilities 42.5 38.4 41.6 34.3 33.2 31.5 30.3 24.6 8.6 5.6 8.9 6.9 (15.7) 7.4 (30.7) 3.8 2.9 37.6 30.3 16.6 23.2 21.4 3.7
Total Non-Current Liabilities 410.2 406.8 450.8 629.3 248.6 256.1 185.1 181.1 102.9 87.7 62.3 78.2 24.5 33.3 5.4 29.1 7.3 63.4 54.5 29.8 61.8 40.3 31.0
Total Liabilities 7,008.0 6,673.3 6,793.6 6,111.1 5,352.7 4,158.1 3,312.8 3,363.9 2,533.6 2,603.9 983.9 966.9 757.6 723.4 709.4 642.1 585.3 549.6 504.2 487.4 475.5 437.2 420.6
Stockholders' Equity
Common Stock 100.7 100.3 99.9 86.4 76.8 71.4 71.2 70.9 54.9 54.1 29.5 29.0 22.3 14.7 14.4 14.2 9.3 9.2 8.1 7.9 3.8 3.6 3.5
Retained Earnings 463.5 395.2 338.7 289.3 234.2 197.7 166.7 131.4 104.7 86.2 62.1 58.1 53.3 52.9 45.9 39.5 39.2 34.8 31.0 27.3 27.6 24.5 21.6
Accumulated Other Comprehensive Income (101.3) (142.4) (136.4) (151.5) (0.8) 17.1 8.4 (6.5) (2.3) (5.8) 3.4 2.8 2.8 3.5 4.0 2.1 0.9 (3.3) 0.3 0.3 0 0 0
Total Stockholders' Equity 958.7 846.4 793.2 633.2 633.9 568.2 526.6 475.9 308.0 280.7 111.2 82.8 69.2 70.6 66.8 63.9 57.7 51.5 50.5 45.6 39.9 35.3 30.6
Total Liabilities & Equity 7,966.7 7,519.7 7,586.8 6,744.2 5,986.6 4,726.3 3,839.4 3,839.7 2,841.5 2,884.5 1,095.2 1,049.7 826.7 794.0 776.2 706.0 643.0 601.1 554.7 533.0 515.4 472.5 451.2
Debt Metrics
Total Debt 564.4 572.6 622.9 816.4 361.6 431.5 362.9 348.8 249.7 267.8 133.8 152.1 121.5 99.8 124.9 76.5 75.7 27 24.2 13.2 38.6 18.9 27.3
Net Debt 307.8 447.9 487.4 670.2 191.9 12.9 274.1 200.5 159.7 116.2 94.0 103.7 100.4 76.2 82.5 47.6 53.6 5.2 2.4 (13.5) 11.5 (4.4) 9.6
Metric 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2005 2004 2003 2002 2001 2000 1999 1998 1997 1996 1995 1994
Operating Activities
Net Income 91.7 78.9 68.9 73.0 51.5 45.3 47.9 36.6 26.7 21.8 9.8 9.8 9.1 8.0 6.5 5.7 5.2 5.1 4.7 4.2 3.9 3.4
Depreciation & Amortization 19.8 20.8 14.9 15.1 14.4 11.7 10.8 7.9 8.1 7.9 1.5 2.5 3.1 3.2 3.2 2.9 2.5 2.1 1.9 1.3 1.2 1.5
Stock-Based Compensation 2.6 2.4 1.7 1.8 1.3 0.8 0.5 0.3 1.0 0.4 0 0 0 0 0 0 0 0 0 0 0 0
Change in Working Capital 9.6 21.3 (28.8) (25.0) (10.7) (1.4) (1.0) (14.3) (0.5) (2.5) (2.0) 0.2 (1.2) (1.6) (0.4) (1.0) 0.0 (0.5) 0.4 (0.8) 0.1 0.3
Other Non-Cash Items 9.5 0.5 (1.0) 3.2 16.4 12.2 2.7 7.4 8.4 2.1 1.9 (1.4) 7.0 (0.3) (4.5) 1.4 7.6 (5.8) (1.0) (1.2) 0.7 0.3
Operating Cash Flow 130.9 124.4 72.4 65.8 69.6 63.5 62.8 42.2 46.2 27.4 11.4 11.2 17.8 9.1 4.5 8.7 15.0 0.7 5.5 3.4 5.9 5.7
Investing Activities
Capital Expenditure (6.8) (4.9) (3.6) (5.0) (3.7) (2.5) (4.1) (3.1) (1.3) (0.7) (1.4) (0.9) (1.1) (2.1) (1.6) (1.1) (2.8) (2.2) (1.6) (2.2) (0.9) (0.5)
Acquisitions (2.4) (8.9) 44.6 67.3 27.1 0 0 56.4 0 36.8 0 0 0 0 0.6 0 0 0 0 0 0 0
Purchases of Investments (132.1) (20.2) (1.5) (12.8) (692.2) (506.5) (188.6) (38.9) (183.3) (266.5) (130.3) (95.5) (165) (81.4) (103.6) (6.6) (72.8) (112.0) (43.9) (60.0) (22.4) (37.6)
Sales/Maturities of Investments 169.3 124.0 450.2 186.0 238.7 388.2 215.1 68.2 233.0 270.8 142.1 101.7 153.8 77.7 98.6 11.2 34.7 137.9 44.9 91.7 32.9 59.9
Other Investing Activities (330.5) (97.5) (15.4) (414.2) (52.3) (441.7) (54.4) (93.6) (104.3) (118.4) (41.4) (42.6) (58.7) (25.5) (14.6) (42.1) 46.4 (47.6) 10.6 (67.9) (25.3) (36.1)
Investing Cash Flow (302.6) (7.5) 474.4 (178.7) (482.5) (562.4) (32.1) (11.0) (56.0) (78.1) (31.0) (37.2) (70.9) (31.4) (20.6) (38.7) 5.6 (23.8) 10.2 (38.3) (15.6) (14.3)
Financing Activities
Net Debt Issuance (2.3) (40.6) (201.1) 333.9 (35.1) 74.3 (24.0) (0.3) 12.2 23.1 18.1 (0.1) 11.0 11.5 0.8 16.4 (22.8) 3.0 16.2 13.3 16.2 3.1
Stock Repurchased (0.7) (0.7) (0.5) (0.3) (0.3) (0.2) (1.3) (0.1) (0.8) 0 (4.9) (10.4) 0 0 0 0 (0.3) (0.5) 0 0 0 0
Dividends Paid (23.4) (22.4) (19.6) (17.8) (14.7) (12.8) (11.9) (8.8) (7.2) (6.6) (1.4) (1.0) (0.8) (0.7) (0.6) (0.6) (0.6) (0.5) (0.5) (0.5) (0.4) (0.9)
Other Financing Activities 330.8 (76.2) (336.0) (220.3) 212.4 769.2 (50.5) (6.1) (85.8) 94.1 2.8 35.2 1.5 54.0 24.9 19.0 3 15.2 (33.0) 24.8 (0.5) 2.7
Financing Cash Flow 305.5 (138.8) (556.2) 96.7 164.2 831.1 (87.1) 21.3 (77.2) 110.8 15.6 24.7 8.4 58.8 24.4 33.0 (20.5) 18.2 (16.1) 38.7 15.3 4.9
Cash Position
Net Change in Cash 133.7 (21.8) (9.4) (16.2) (248.7) 332.2 (56.3) 52.5 (87.0) 60.1 (4.0) (1.4) (44.7) 36.6 8.3 3.0 0.1 (4.9) (0.5) 3.8 5.6 (3.7)
Cash at Beginning 121.2 143.1 152.4 168.6 417.3 85.1 141.4 88.9 175.9 115.8 23.6 24.9 69.7 33.1 24.8 21.8 21.8 26.7 27.1 23.3 17.7 21.4
Cash at End 254.9 121.2 143.1 152.4 168.6 417.3 85.1 141.4 88.9 175.9 19.6 23.6 24.9 69.7 33.1 24.8 21.8 21.8 26.7 27.1 23.3 17.7
Free Cash Flow 124.0 119.5 68.8 60.8 65.9 61.1 58.7 39.1 44.9 26.7 10.0 10.3 16.7 7.0 2.9 7.6 12.2 (1.5) 3.9 1.2 5.0 5.3
Key Metrics 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000 1999 1998 1997 1996 1995 1994
Income Statement
Revenue 466.0 447.3 381.6 286.3 249.7 201.4 202.2 157.0 127.5 100.4 79.8 73.1 72.8 74.1 72.6 64.7 64.9 72.3 74.6 68.9 57.1 51.7 51.2 51.8 54.3 51.0 25.7 25.5 25.3 22.8 21.0 15.9
Gross Profit 339.3 313.0 268.8 249.9 219.3 168.5 171.8 135.5 113.6 93.3 75.0 69.2 67.1 65.3 61.0 50.2 45.4 47.4 45.3 43.5 40.3 39.4 38.3 36.0 32.1 27.8 6.7 6.3 5.4 4.8 4.0 3.8
Operating Income 117.0 104.4 88.4 91.3 66.8 59.7 63.3 48.5 41.7 33.8 25.7 24.7 23.6 22.4 17.9 13.3 12.2 16.0 15.2 15.0 14.9 14.3 13.8 12.0 9.6 7.7 7.5 7.5 7.4 6.4 5.8 4.9
Net Income 91.7 78.9 68.9 73.0 51.5 45.3 47.9 36.6 26.7 21.8 16.5 15.5 14.7 14.0 11.4 8.8 8.2 10.5 10.2 10.0 9.8 9.8 9.1 8.0 6.5 5.7 5.2 5.1 4.7 4.2 3.9 3.4
EPS (Diluted) 3.83 3.30 3.15 3.60 2.87 2.70 2.87 2.52 2.13 2.05 1.81 1.85 1.73 1.62 1.29 1.07 1.04 1.67 1.57 1.51 1.44 1.42 1.25 1.05 0.85 0.74 0.68 0.66 0.64 0.59 1.15 1.02
Balance Sheet
Cash & Equivalents 256.6 124.6 135.6 146.3 169.7 418.7 88.8 148.3 90.1 151.6 39.8 48.3 21.1 23.6 42.4 28.9 22.1 21.8 21.8 26.7 27.1 23.3 17.7
Total Assets 7,966.7 7,519.7 7,586.8 6,744.2 5,986.6 4,726.3 3,839.4 3,839.7 2,841.5 2,884.5 1,095.2 1,049.7 826.7 794.0 776.2 706.0 643.0 601.1 554.7 533.0 515.4 472.5 451.2
Total Debt 564.4 572.6 622.9 816.4 361.6 431.5 362.9 348.8 249.7 267.8 133.8 152.1 121.5 99.8 124.9 76.5 75.7 27 24.2 13.2 38.6 18.9 27.3
Stockholders' Equity 958.7 846.4 793.2 633.2 633.9 568.2 526.6 475.9 308.0 280.7 111.2 82.8 69.2 70.6 66.8 63.9 57.7 51.5 50.5 45.6 39.9 35.3 30.6
Cash Flow
Operating Cash Flow 130.9 124.4 72.4 65.8 69.6 63.5 62.8 42.2 46.2 27.4 11.4 11.2 17.8 9.1 4.5 8.7 15.0 0.7 5.5 3.4 5.9 5.7
Capital Expenditure (6.8) (4.9) (3.6) (5.0) (3.7) (2.5) (4.1) (3.1) (1.3) (0.7) (1.4) (0.9) (1.1) (2.1) (1.6) (1.1) (2.8) (2.2) (1.6) (2.2) (0.9) (0.5)
Free Cash Flow 124.0 119.5 68.8 60.8 65.9 61.1 58.7 39.1 44.9 26.7 10.0 10.3 16.7 7.0 2.9 7.6 12.2 (1.5) 3.9 1.2 5.0 5.3