First Mid Bancshares Inc   (FMBH)
Other Ticker:  
    Sector  Financial    Industry Regional Banks
   Industry Regional Banks
   Sector  Financial
Price: $31.8900 $-0.05 -0.157%
Day's High: $32.18 Week Perf: -2.72 %
Day's Low: $ 31.72 30 Day Perf: 1.63 %
Volume (M): 36 52 Wk High: $ 35.83
Volume (M$): $ 1,145 52 Wk Avg: $29.66
Open: $32.18 52 Wk Low: $23.54

 Market Capitalization (Millions $) 709
 Shares Outstanding (Millions) 22
 Employees 513
 Revenues (TTM) (Millions $) 259
 Net Income (TTM) (Millions $) 72
 Cash Flow (TTM) (Millions $) 215
 Capital Exp. (TTM) (Millions $) 8

First Mid Bancshares Inc

First Mid-Illinois Bancshares, Inc. is a financial holding company. The Company is engaged in the business of banking through its wholly owned subsidiary, First Mid-Illinois Bank & Trust, N.A. (“First Mid Bank”). The Company provides data processing services to affiliates through another wholly owned subsidiary, Mid-Illinois Data Services, Inc. (“MIDS”). The Company offers insurance products and services to customers through its wholly owned subsidiary, The Checkley Agency, Inc. doing business as First Mid Insurance Group (“First Mid Insurance”). The Company also wholly owns two statutory business trusts, First Mid-Illinois Statutory Trust I (“Trust I”), and First Mid-Illinois Statutory Trust II (“Trust II”), both unconsolidated subsidiaries of the Company.

The Company, a Delaware corporation, was incorporated on September 8, 1981, and pursuant to the approval of the Board of Governors of the Federal Reserve System (the “Federal Reserve Board”) became the holding company owning all of the outstanding stock of First National Bank, Mattoon (“First National”) on June 1, 1982. First National changed its name to First Mid-Illinois Bank & Trust, N.A. in 1992. The Company acquired all of the outstanding stock of a number of community banks or thrift institutions on the following dates, and subsequently combined their operations with those of the Company:

Mattoon Bank, Mattoon on April 2, 1984
State Bank of Sullivan on April 1, 1985
Cumberland County National Bank in Neoga on December 31, 1985
First National Bank and Trust Company of Douglas County on December 31, 1986
Charleston Community Bank on December 30, 1987
Heartland Federal Savings and Loan Association on July 1, 1992
Downstate Bancshares, Inc. on October 4, 1994
American Bank of Illinois on April 20, 2001
Peoples State Bank of Mansfield on May 1, 2006

In 1997, First Mid Bank acquired the Charleston, Illinois branch location and the customer base of First of America Bank and in 1999 acquired the Monticello, Taylorville and DeLand branch offices and deposit base of Bank One Illinois, N.A.

First Mid Bank also opened a de novo branch in Decatur, Illinois (2000); de novo branches in Champaign, Illinois and Maryville, Illinois (2002), a de novo branch in Highland, Illinois (2005) de novo branches in Decatur, Illinois and Champaign, Illinois (2009), and a de novo branch in Decatur, Illinois (2013).

In 2002, the Company acquired all of the outstanding stock of First Mid Insurance, an insurance agency located in Mattoon.

On September 10, 2010, First Mid Bank acquired 10 Illinois branches (the “Branches”) from First Bank, a Missouri state chartered bank, located in Bartonville, Bloomington, Galesburg, Knoxville, Peoria and Quincy, Illinois.

On August 14, 2015 First Mid Bank acquired 12 Illinois branch offices (the "ONB Branches") of Old National Bank in Southern Illinois, a national banking association having its principal office in Evansville, Indiana, located in Lawrenceville, Mt Carmel, Mt Vernon, Carmi, De Soto, Murphysboro, Marion, Harrisburg, Carterville and Carbondale, Illinois.

On December 1, 2015 FIrst Mid Insurance acquired Illiana Insurance Agency, LTD ("Illiana"), an insurance agency based in Philo, Illinois.

Growth through acquisitions has been an integral part of the Company’s strategy for an extended period of time. When reviewing acquisition possibilities, the Company focuses on those organizations where there is a cultural fit with its existing operations and where there is a strong likelihood of building shareholder value. Most past acquisitions have been cash-based transactions. The Company would also consider a stock-based acquisition if the strategic and financial metrics were compelling.

Customer Strategy. The Company uses its market and customer knowledge to build relationships that provide high-value customer experiences that continually improve customer satisfaction and loyalty.

Employee Strategy. The Company strives for employee engagement at all levels of the organization. The judgments, experiences and capabilities of these employees are used to create an environment where meeting the needs of our customer, communities and stockholders is always a priority.

Strategy for Operations & Infrastructure. Operationally, the Company centralizes most administrative and operational tasks within its home office in Mattoon, Illinois. This allows branches to maintain customer focus, helps assure compliance with banking regulations, keeps fixed administrative costs at as low a level as practicable, and allows for better management of risk inherent in the business. The Company also utilizes technology where practicable in daily banking activities to reduce the potential for human error. While the Company does not employ every new technology that is introduced, it attempts to be competitive with other banking organizations with respect to operational and customer technology

   Company Address: 1421 Charleston Avenue Mattoon 61938 IL
   Company Phone Number: 234-7454   Stock Exchange / Ticker: NASDAQ FMBH

Customers Net Income fell by FMBH's Customers Net Profit Margin fell to

-6.33 %

17.2 %

• Customers Performance • Customers Expend. • Customers Efficiency • List of Customers


Stock Performances by Major Competitors

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NTRS   -2.98%    
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First Mid Bancshares Inc

Impressive Growth: First Mid Bancshares Inc. Achieves a Solid 4.128% Revenue Rise in Q3 2023

First Mid Bancshares Inc, a financial institution primarily involved in banking operations, has recently reported a decline in earnings per share (EPS) despite an increase in revenue during the three months ending September 30, 2023. This bearish article will delve deeper into the financial performance of the company, analyzing key metrics and highlighting potential red flags that investors should consider.
Declining EPS Amidst Revenue Growth:
First Mid Bancshares Inc witnessed a 4.128% increase in revenue, reaching $67.59 million in comparison to $64.91 million on a year-over-year basis. While revenue growth is generally considered positive, it becomes concerning when paired with a decline in EPS. In the same period, income fell by -22.73% to $0.68 per share, down from $0.88 per share in the corresponding three months the previous year. This substantial decline in EPS raises questions about the company's profitability and efficiency.

First Mid Bancshares Inc

First Mid Bancshares Inc's Stock Shows Strong Growth Despite Dip in Top-line During Fiscal Q2 2023

First Mid Bancshares Inc, a regional bank, has recently reported its financial results for the second quarter of 2023. Despite experiencing a decline in both its bottom-line earnings and revenue, the company's stock has shown significant improvement over the past month and year. This article aims to analyze the impact of First Mid Bancshares Inc's recent financial performance on the company's future prospects.
1. Stock Performance:
First Mid Bancshares Inc's stock has experienced a notable upswing, with a remarkable 23.31% improvement over the last month and a substantial 37.57% rise over the past 12 months. In contrast, the current stock price is trading 0.4% below its 52-week average on the NASDAQ. This indicates a potential slowdown in the stock's bullish run.

First Mid Bancshares Inc

Exciting Growth: FMBH Income Soars by 8.14% in Q1 20232. First Mid Bancshares Inc Reports Impressive Financial Results, with Revenue and Net Profits Surging

First Mid Bancshares Inc recently reported its financial results for the fiscal time-frame closing March 31 2023, showing an increase in revenue and net profits. The revenue for the period increased by 7.832 % to $66.49 million, compared to $61.66 million in the previous year's quarter. Income per share also surged by 8.14 % to $0.93 per share, relative to the income of $0.86 per share in the prior year quarter.
The net profits for the fiscal time-frame closing March 31 2023 increased by 15.43 % to $19.180 million from $16.616 million in the fiscal time-frame closing March 31 2022. This indicates that the company was able to generate higher profits in the current fiscal year. The profit margins also improved, with the net margin rising to 28.85% and the operating margin edging up to 37.47%.


First Mid Bancshares Inc's Segments
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