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First Mid Bancshares (FMBH) Financials

First Mid Bancshares logo
$35.91 +1.47 (+4.27%)
Closing price 05/2/2025 04:00 PM Eastern
Extended Trading
$35.97 +0.06 (+0.15%)
As of 05/2/2025 04:05 PM Eastern
Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Polygon.io. Learn more.
Annual Income Statements for First Mid Bancshares

Annual Income Statements for First Mid Bancshares

This table shows First Mid Bancshares' income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Period end date 12/31/2014 12/31/2015 12/31/2016 12/31/2017 12/31/2018 12/31/2019 12/31/2020 12/31/2021 12/31/2022 12/31/2023 12/31/2024
Net Income / (Loss) Attributable to Common Shareholders
11 14 21 27 37 48 45 51 73 69 79
Consolidated Net Income / (Loss)
15 17 22 27 37 48 45 51 73 69 79
Net Income / (Loss) Continuing Operations
15 17 22 27 37 48 45 51 73 69 79
Total Pre-Tax Income
25 26 34 42 49 63 60 67 91 88 104
Total Revenue
70 76 98 123 147 182 187 238 259 280 325
Net Interest Income / (Expense)
51 56 71 93 112 126 127 168 184 193 229
Total Interest Income
55 59 75 100 125 150 144 183 216 300 357
Loans and Leases Interest Income
45 48 62 83 106 127 127 160 186 262 320
Investment Securities Interest Income
9.85 11 13 16 18 21 17 23 29 32 29
Deposits and Money Market Investments Interest Income
0.08 0.24 0.49 0.34 0.55 1.84 0.36 0.41 0.53 5.21 8.04
Federal Funds Sold and Securities Borrowed Interest Income
0.00 0.00 0.04 0.06 0.01 0.01 0.00 0.00 0.11 0.42 0.05
Total Interest Expense
3.25 3.50 4.29 6.48 13 24 17 15 32 107 129
Deposits Interest Expense
2.35 2.28 2.71 4.00 8.57 19 13 9.04 19 77 107
Long-Term Debt Interest Expense
0.85 1.16 1.48 2.31 3.48 4.18 3.46 5.99 11 23 15
Federal Funds Purchased and Securities Sold Interest Expense
0.05 0.06 0.10 0.18 0.33 0.91 0.49 0.23 1.80 6.57 6.45
Total Non-Interest Income
18 21 27 30 35 56 60 70 75 87 96
Trust Fees by Commissions
4.61 5.06 5.43 - - - 16 20 22 - 23
Other Service Charges
13 15 12 14 16 28 35 46 49 44 69
Net Realized & Unrealized Capital Gains on Investments
0.72 0.45 1.19 0.62 0.90 0.80 1.11 0.12 0.03 3.38 -0.43
Other Non-Interest Income
0.00 0.00 1.84 8.73 11 19 6.81 3.04 3.56 28 4.73
Provision for Credit Losses
0.63 1.32 2.83 7.46 8.67 6.43 16 15 4.81 6.10 5.64
Total Non-Interest Expense
45 49 62 74 90 112 111 156 163 186 215
Salaries and Employee Benefits
25 26 32 40 47 63 66 90 99 105 124
Net Occupancy & Equipment Expense
8.35 9.14 11 13 15 18 17 22 24 27 30
Marketing Expense
1.02 1.09 1.85 1.36 1.79 2.03 1.62 3.60 3.00 3.01 3.42
Property & Liability Insurance Claims
0.80 0.90 0.97 0.91 1.06 0.22 1.31 1.60 1.81 3.34 3.46
Other Operating Expenses
8.93 11 13 17 23 24 20 34 29 38 40
Amortization Expense
0.64 0.89 1.91 2.15 3.22 5.85 5.06 5.39 6.29 9.13 14
Income Tax Expense
9.25 9.22 12 15 12 15 14 15 18 19 25
Basic Earnings per Share
$1.88 $1.84 $2.07 $2.13 $2.53 $2.88 $2.71 $2.88 $3.62 $3.17 $3.31
Weighted Average Basic Shares Outstanding
6.00M 7.78M 10.15M 12.53M 14.50M 16.60M 18.04M 20.44M 20.50M 23.89M 23.98M
Diluted Earnings per Share
$1.85 $1.81 $2.05 $2.13 $2.52 $2.87 $2.70 $2.87 $3.60 $3.15 $3.30
Weighted Average Diluted Shares Outstanding
6.00M 7.78M 10.15M 12.53M 14.50M 16.60M 18.04M 20.44M 20.50M 23.89M 23.98M
Weighted Average Basic & Diluted Shares Outstanding
6.00M 7.78M 10.15M 12.53M 14.50M 16.60M 18.04M 20.44M 20.50M 23.89M 23.98M
Cash Dividends to Common per Share
$0.55 $0.59 $0.62 $0.66 $0.70 $0.76 $0.81 $0.85 $0.90 $0.92 $0.94

Quarterly Income Statements for First Mid Bancshares

This table shows First Mid Bancshares' income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric Q3 2022 Q4 2022 Q1 2023 Q2 2023 Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024
Period end date 9/30/2022 12/31/2022 3/31/2023 6/30/2023 9/30/2023 12/31/2023 3/31/2024 6/30/2024 9/30/2024 12/31/2024
Net Income / (Loss) Attributable to Common Shareholders
18 21 19 17 15 18 21 20 19 19
Consolidated Net Income / (Loss)
18 21 19 17 15 18 21 20 19 19
Net Income / (Loss) Continuing Operations
18 21 19 17 15 18 21 20 19 19
Total Pre-Tax Income
23 24 25 21 20 22 27 27 25 25
Total Revenue
65 64 66 62 73 79 80 79 81 85
Net Interest Income / (Expense)
48 46 43 42 50 57 55 57 58 59
Total Interest Income
57 61 64 66 80 90 88 89 91 90
Loans and Leases Interest Income
49 53 56 58 69 79 78 80 82 81
Investment Securities Interest Income
7.30 7.29 7.13 7.19 9.28 8.52 7.41 7.41 7.04 6.99
Deposits and Money Market Investments Interest Income
0.14 0.23 0.22 0.47 1.90 2.61 2.43 1.71 2.34 1.56
Total Interest Expense
8.50 15 20 24 30 32 32 32 34 31
Deposits Interest Expense
4.92 9.23 13 17 22 26 26 26 28 26
Long-Term Debt Interest Expense
3.15 4.65 6.25 5.46 6.32 4.80 4.05 3.97 3.85 3.42
Federal Funds Purchased and Securities Sold Interest Expense
0.43 1.16 1.46 1.72 1.63 1.75 2.06 1.62 1.44 1.33
Total Non-Interest Income
17 18 22 19 23 22 24 22 23 26
Trust Fees by Commissions
4.84 - - - 4.94 - 5.32 5.41 5.82 6.28
Other Service Charges
11 14 13 10 13 8.38 18 15 15 21
Other Non-Interest Income
1.27 -6.14 7.31 6.86 1.87 12 1.12 2.23 2.31 -0.93
Provision for Credit Losses
0.14 0.81 -0.82 0.46 5.91 0.55 -0.36 1.08 1.27 3.64
Total Non-Interest Expense
42 39 42 40 47 57 53 51 54 56
Salaries and Employee Benefits
25 24 26 24 25 30 30 30 32 32
Net Occupancy & Equipment Expense
5.90 6.13 6.01 6.04 6.93 7.98 7.56 7.51 8.06 7.29
Marketing Expense
0.74 0.68 0.65 0.91 0.76 0.68 0.86 0.81 0.84 0.91
Property & Liability Insurance Claims
0.48 0.46 0.46 1.08 0.79 1.02 0.87 0.90 0.83 0.86
Other Operating Expenses
7.95 6.89 6.86 7.00 11 14 10 8.66 9.24 12
Amortization Expense
1.60 1.54 1.52 1.48 2.57 3.56 3.50 3.34 3.41 3.31
Income Tax Expense
5.42 3.06 5.73 4.79 5.37 3.58 6.44 6.97 5.89 6.21
Basic Earnings per Share
$0.88 $1.01 $0.94 $0.81 $0.68 $0.74 $0.86 $0.83 $0.81 $0.81
Weighted Average Basic Shares Outstanding
20.46M 20.50M 20.53M 20.54M 23.84M 23.89M 23.90M 23.91M 23.91M 23.98M
Diluted Earnings per Share
$0.88 $1.00 $0.93 $0.80 $0.68 $0.74 $0.86 $0.82 $0.81 $0.81
Weighted Average Diluted Shares Outstanding
20.46M 20.50M 20.53M 20.54M 23.84M 23.89M 23.90M 23.91M 23.91M 23.98M
Weighted Average Basic & Diluted Shares Outstanding
20.46M 20.50M 20.53M 20.54M 23.84M 23.89M 23.90M 23.91M 23.91M 23.98M
Cash Dividends to Common per Share
$0.23 $0.23 $0.23 $0.23 $0.23 $0.23 $0.23 $0.23 $0.24 $0.24

Annual Cash Flow Statements for First Mid Bancshares

This table details how cash moves in and out of First Mid Bancshares' business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Period end date 12/31/2014 12/31/2015 12/31/2016 12/31/2017 12/31/2018 12/31/2019 12/31/2020 12/31/2021 12/31/2022 12/31/2023 12/31/2024
Net Change in Cash & Equivalents
-13 64 60 -87 53 -56 332 -249 -16 -9.37 -22
Net Cash From Operating Activities
18 22 27 46 42 63 64 70 66 72 124
Net Cash From Continuing Operating Activities
18 22 27 46 42 63 64 70 66 72 124
Net Income / (Loss) Continuing Operations
15 17 22 27 37 48 45 51 73 69 79
Consolidated Net Income / (Loss)
15 17 22 27 37 48 45 51 73 69 79
Provision For Loan Losses
0.63 1.32 2.83 7.46 8.67 6.43 16 15 4.81 6.10 5.64
Depreciation Expense
3.96 4.44 7.94 8.13 7.88 11 12 14 15 15 21
Non-Cash Adjustments to Reconcile Net Income
-1.65 1.14 -3.39 2.73 2.02 -3.12 -9.84 -3.81 -5.60 6.36 -6.88
Changes in Operating Assets and Liabilities, net
-0.62 -1.41 -1.79 1.15 -13 0.73 0.29 -7.68 -21 -24 26
Net Cash From Investing Activities
-10 10 -78 -56 -11 -32 -562 -482 -179 474 -7.51
Net Cash From Continuing Investing Activities
-10 10 -78 -56 -11 -32 -562 -482 -179 474 -7.51
Purchase of Property, Leasehold Improvements and Equipment
-1.18 -1.76 -0.70 -1.27 -3.11 -4.10 -2.46 -3.70 -5.02 -3.64 -4.95
Acquisitions
- - - - - - - 27 67 45 -8.94
Purchase of Investment Securities
-142 -399 -411 -307 -136 -248 -953 -755 -429 -23 -122
Sale of Property, Leasehold Improvements and Equipment
0.00 0.00 0.15 - - - - - 0.00 0.00 0.01
Sale and/or Maturity of Investments
133 134 297 253 71 220 393 249 188 456 128
Net Cash From Financing Activities
-21 32 111 -77 21 -87 831 164 97 -556 -139
Net Cash From Continuing Financing Activities
-21 32 111 -77 21 -87 831 164 97 -556 -139
Net Change in Deposits
-16 6.84 61 -55 -20 -71 775 273 -260 -328 -67
Issuance of Debt
11 7.00 42 52 45 50 118 5.00 360 150 165
Issuance of Common Equity
0.49 28 0.20 4.40 37 0.66 0.61 1.94 1.24 1.00 1.05
Repayment of Debt
-11 -7.00 -19 -40 -45 -74 -44 -40 -26 -351 -206
Repurchase of Common Equity
-1.76 -1.07 0.00 -0.80 -0.14 -1.29 -0.21 -0.33 -0.34 -0.47 -0.66
Payment of Dividends
-6.99 -5.49 -6.56 -7.23 -8.79 -12 -13 -15 -18 -20 -22
Other Financing Activities, Net
2.78 3.18 33 -31 13 21 -6.17 -61 40 -7.69 -9.60
Cash Interest Paid
3.24 3.43 4.11 6.42 12 24 17 16 30 105 129
Cash Income Taxes Paid
9.34 7.80 13 12 9.65 16 19 19 23 22 -1.52

Quarterly Cash Flow Statements for First Mid Bancshares

This table details how cash moves in and out of First Mid Bancshares' business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric Q3 2022 Q4 2022 Q1 2023 Q2 2023 Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024
Period end date 9/30/2022 12/31/2022 3/31/2023 6/30/2023 9/30/2023 12/31/2023 3/31/2024 6/30/2024 9/30/2024 12/31/2024
Net Change in Cash & Equivalents
28 -3.52 17 5.12 209 -240 213 -120 -71 -43
Net Cash From Operating Activities
34 12 20 18 5.41 29 29 24 33 38
Net Cash From Continuing Operating Activities
34 12 20 18 5.41 29 29 24 33 38
Net Income / (Loss) Continuing Operations
18 21 19 17 15 18 21 20 19 19
Consolidated Net Income / (Loss)
18 21 19 17 15 18 21 20 19 19
Provision For Loan Losses
0.14 0.81 -0.82 0.46 5.91 0.55 -0.36 1.08 1.27 3.64
Depreciation Expense
3.85 3.56 3.49 3.38 3.10 4.93 5.34 5.01 5.28 5.15
Non-Cash Adjustments to Reconcile Net Income
-0.02 -4.40 -2.66 -3.26 -7.08 19 -1.26 -5.49 -0.71 0.58
Changes in Operating Assets and Liabilities, net
12 -9.04 1.12 0.70 -12 -14 4.82 3.72 7.72 9.73
Net Cash From Investing Activities
-11 -74 90 -33 355 62 97 -28 -30 -47
Net Cash From Continuing Investing Activities
-11 -74 90 -33 355 62 97 -28 -30 -47
Purchase of Property, Leasehold Improvements and Equipment
-1.11 -1.15 -0.94 -0.97 -1.11 -0.62 -1.48 -1.12 -1.11 -1.24
Purchase of Investment Securities
-73 -109 -1.33 0.01 0.02 -21 77 -66 -63 -70
Sale and/or Maturity of Investments
131 -31 92 -22 302 84 22 39 43 24
Net Cash From Financing Activities
0.49 54 -93 20 -152 -331 86 -116 -75 -34
Net Cash From Continuing Financing Activities
5.49 59 -93 20 -152 -331 86 -116 -75 -34
Net Change in Deposits
164 -226 -226 189 -68 -223 119 -127 -27 -32
Issuance of Debt
40 -5.26 170 -10 -10 - 0.00 75 - 90
Issuance of Common Equity
0.19 0.24 0.34 0.21 0.24 0.22 0.38 0.20 0.25 0.22
Repayment of Debt
-194 255 -40 -135 -75 -101 -28 -59 -42 -77
Repurchase of Common Equity
- -0.33 -0.01 - - -0.46 0.00 - - -0.66
Payment of Dividends
-4.69 -4.69 -4.70 -4.70 -4.70 -5.46 -5.47 -5.47 -5.71 -5.72
Other Financing Activities, Net
- 40 7.25 -19 5.81 -1.26 0.00 - - -9.60
Cash Interest Paid
7.15 15 19 24 28 34 31 33 33 32
Cash Income Taxes Paid
3.58 0.53 0.29 9.42 6.92 5.63 0.82 -1.48 -0.79 -0.08

Annual Balance Sheets for First Mid Bancshares

This table presents First Mid Bancshares' assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Period end date 12/31/2014 12/31/2015 12/31/2016 12/31/2017 12/31/2018 12/31/2019 12/31/2020 12/31/2021 12/31/2022 12/31/2023 12/31/2024
Total Assets
1,607 2,114 2,885 2,842 3,840 3,839 4,726 5,987 6,744 7,587 7,520
Cash and Due from Banks
41 43 58 75 64 76 75 - 138 123 92
Federal Funds Sold
0.49 0.49 39 0.49 0.67 0.93 1.31 1.36 7.63 8.98 0.08
Interest Bearing Deposits at Other Banks
11 73 79 13 77 7.66 341 76 6.39 11 29
Time Deposits Placed and Other Short-Term Investments
0.00 25 15 1.69 7.57 4.63 2.70 2.45 1.47 1.47 3.50
Trading Account Securities
432 605 695 649 763 756 884 1,428 1,222 1,178 1,070
Loans and Leases, Net of Allowance
1,047 1,266 1,808 1,918 2,617 -27 -42 3,938 -59 -69 -70
Allowance for Loan and Lease Losses
14 15 17 20 26 27 42 55 59 69 70
Loans Held for Sale
1.96 - - - - 1.82 1.92 - 0.34 4.98 6.61
Premises and Equipment, Net
27 31 40 38 59 59 58 81 90 101 100
Goodwill
26 41 58 60 105 105 105 112 140 196 203
Intangible Assets
1.84 9.00 13 11 34 28 23 30 29 68 59
Other Assets
20 21 80 74 113 2,826 3,276 223 5,166 5,962 6,026
Total Liabilities & Shareholders' Equity
1,607 2,114 2,885 2,842 3,840 3,839 4,726 5,987 6,744 7,587 7,520
Total Liabilities
1,442 1,909 2,604 2,534 3,364 3,313 4,158 5,222 6,111 6,794 6,673
Non-Interest Bearing Deposits
222 343 471 480 576 633 937 1,247 1,257 1,398 1,329
Interest Bearing Deposits
1,050 1,390 1,859 1,794 2,413 2,284 2,756 3,710 4,000 4,725 4,728
Short-Term Debt
142 129 186 166 200 208 207 146 221 214 204
Accrued Interest Payable
0.29 0.36 0.54 0.60 1.76 2.26 2.35 - 3.35 5.44 5.28
Long-Term Debt
21 41 82 84 149 138 207 86 579 395 354
Other Long-Term Liabilities
6.81 6.55 5.60 8.60 25 47 49 33 50 56 53
Total Equity & Noncontrolling Interests
165 205 281 308 476 527 568 651 633 793 846
Total Preferred & Common Equity
165 205 281 308 476 527 568 634 633 793 846
Total Common Equity
138 178 281 308 476 527 568 651 633 793 846
Common Stock
88 118 213 219 365 367 369 417 513 609 613
Retained Earnings
62 72 86 105 131 167 198 234 289 339 395
Treasury Stock
-15 -16 -16 -16 -17 -18 -19 - -20 -21 -22
Accumulated Other Comprehensive Income / (Loss)
-0.88 0.72 -5.76 -2.30 -6.47 8.36 17 -0.83 -152 -136 -142
Other Equity Adjustments
3.33 3.25 3.20 3.54 2.76 2.76 2.98 - 2.06 2.63 2.76

Quarterly Balance Sheets for First Mid Bancshares

This table presents First Mid Bancshares' assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric Q3 2022 Q1 2023 Q2 2023 Q3 2023 Q1 2024 Q2 2024 Q3 2024
Period end date 9/30/2022 3/31/2023 6/30/2023 9/30/2023 3/31/2024 6/30/2024 9/30/2024
Total Assets
6,651 6,683 6,704 7,855 7,678 7,581 7,562
Cash and Due from Banks
141 - 134 143 81 104 118
Federal Funds Sold
7.40 7.90 8.16 8.45 0.02 0.03 0.03
Interest Bearing Deposits at Other Banks
12 9.39 33 232 275 131 46
Time Deposits Placed and Other Short-Term Investments
1.47 1.72 1.72 1.96 3.75 3.75 3.50
Trading Account Securities
1,234 1,216 1,168 1,225 1,146 1,117 1,122
Loans and Leases, Net of Allowance
-59 -58 -59 -68 -68 -68 -69
Allowance for Loan and Lease Losses
59 58 59 68 68 68 69
Loans Held for Sale
0.47 1.00 2.71 6.23 4.82 7.76 8.09
Premises and Equipment, Net
91 90 90 102 102 102 101
Goodwill
140 140 146 196 196 196 203
Intangible Assets
31 28 32 71 64 61 62
Other Assets
5,052 5,095 5,148 5,938 5,874 5,926 5,967
Total Liabilities & Shareholders' Equity
6,651 6,683 6,704 7,855 7,678 7,581 7,562
Total Liabilities
6,051 6,021 6,043 7,117 6,880 6,767 6,704
Non-Interest Bearing Deposits
1,335 1,262 1,171 1,389 1,448 1,393 1,387
Interest Bearing Deposits
4,149 3,769 4,049 4,957 4,795 4,722 4,702
Short-Term Debt
226 229 209 215 211 206 204
Accrued Interest Payable
3.01 4.73 4.34 6.73 6.32 5.42 6.49
Long-Term Debt
290 709 564 496 370 391 350
Other Long-Term Liabilities
49 48 46 54 51 49 54
Total Equity & Noncontrolling Interests
601 662 661 738 798 814 858
Total Preferred & Common Equity
601 662 661 738 798 814 858
Total Common Equity
601 661 661 738 798 814 858
Common Stock
513 515 515 609 612 612 613
Retained Earnings
273 304 316 326 354 368 382
Treasury Stock
-20 -20 -20 -20 -21 -21 -21
Accumulated Other Comprehensive Income / (Loss)
-168 -138 -152 -179 -148 -147 -117
Other Equity Adjustments
1.52 - 1.50 2.07 0.83 1.38 2.15

Annual Metrics and Ratios for First Mid Bancshares

This table displays calculated financial ratios and metrics derived from First Mid Bancshares' official financial filings.

Metric 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Period end date 12/31/2014 12/31/2015 12/31/2016 12/31/2017 12/31/2018 12/31/2019 12/31/2020 12/31/2021 12/31/2022 12/31/2023 12/31/2024
Growth Metrics
- - - - - - - - - - -
Revenue Growth
0.85% 9.23% 28.60% 25.78% 19.24% 23.47% 2.88% 27.06% 9.03% 8.22% 15.97%
EBITDA Growth
1.58% 5.22% 38.26% 19.52% 13.09% 31.43% -3.57% 13.68% 30.92% -2.86% 21.16%
EBIT Growth
4.87% 4.11% 31.29% 23.52% 16.25% 30.43% -5.57% 11.79% 36.69% -3.16% 18.09%
NOPAT Growth
5.02% 6.80% 32.27% 22.18% 37.16% 30.99% -5.58% 13.74% 41.68% -5.51% 14.45%
Net Income Growth
5.02% 6.80% 32.27% 22.18% 37.16% 30.99% -5.58% 13.74% 41.68% -5.51% 14.45%
EPS Growth
6.94% -2.16% 13.26% 3.90% 18.31% 13.89% -5.92% 6.30% 25.44% -12.50% 4.76%
Operating Cash Flow Growth
-27.92% 23.74% 24.66% 68.31% -8.62% 48.97% 1.13% 9.53% -5.42% 10.02% 71.82%
Free Cash Flow Firm Growth
-348.00% -830.43% -396.01% 111.53% -1,417.02% 100.06% -48,005.93% 157.26% -1,082.19% 127.76% -25.09%
Invested Capital Growth
6.06% 14.36% 46.26% 1.68% 47.87% 5.80% 12.60% 1.47% 43.81% -2.23% 0.23%
Revenue Q/Q Growth
0.69% 6.09% 7.02% 1.86% 8.85% 1.80% 1.70% 4.92% 1.49% 5.78% 1.91%
EBITDA Q/Q Growth
1.40% 5.53% 11.29% -3.84% 8.84% 3.60% 4.09% 7.04% 0.89% -0.65% 3.25%
EBIT Q/Q Growth
1.98% 4.04% 11.27% -3.55% 9.04% 3.90% 4.43% 6.28% 1.90% -2.27% 3.70%
NOPAT Q/Q Growth
1.92% 4.72% 10.88% -7.53% 16.99% 4.44% 3.65% 6.77% 5.50% -3.59% 1.41%
Net Income Q/Q Growth
1.92% 4.72% 10.88% -7.53% 16.99% 4.44% 3.65% 6.77% 5.50% -3.59% 1.41%
EPS Q/Q Growth
2.78% 0.00% 4.06% -8.19% 10.53% 3.99% 3.85% 4.74% 1.69% -7.62% 2.17%
Operating Cash Flow Q/Q Growth
-13.10% 12.27% 9.86% 2.68% 5.90% 8.53% 18.25% -9.80% -14.71% 31.35% 8.20%
Free Cash Flow Firm Q/Q Growth
-179.83% 40.96% -9.83% 157.31% -146.26% 100.21% -1,203.45% 133.44% -725.34% 138.75% -33.17%
Invested Capital Q/Q Growth
14.91% 6.26% 7.40% -2.17% 18.67% 8.18% 16.36% -0.64% 28.40% -3.25% -0.59%
Profitability Metrics
- - - - - - - - - - -
EBITDA Margin
41.05% 39.55% 42.52% 40.40% 38.32% 40.79% 38.23% 34.20% 41.07% 36.86% 38.51%
EBIT Margin
35.38% 33.72% 34.43% 33.81% 32.96% 34.82% 31.96% 28.12% 35.25% 31.55% 32.12%
Profit (Net Income) Margin
22.13% 21.64% 22.26% 21.62% 24.87% 26.39% 24.22% 21.68% 28.17% 24.60% 24.28%
Tax Burden Percent
62.56% 64.17% 64.65% 63.95% 75.46% 75.78% 75.78% 77.09% 79.91% 77.98% 75.58%
Interest Burden Percent
100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00%
Effective Tax Rate
37.44% 35.83% 35.35% 36.05% 24.54% 24.22% 24.22% 22.91% 20.09% 22.02% 24.42%
Return on Invested Capital (ROIC)
4.85% 4.70% 4.73% 4.82% 5.30% 5.65% 4.88% 5.20% 6.00% 4.86% 5.62%
ROIC Less NNEP Spread (ROIC-NNEP)
4.85% 4.70% 4.73% 4.82% 5.30% 5.65% 4.88% 5.20% 6.00% 4.86% 5.62%
Return on Net Nonoperating Assets (RNNOA)
4.99% 4.23% 4.26% 4.24% 4.04% 3.92% 3.39% 3.25% 5.36% 4.80% 4.00%
Return on Equity (ROE)
9.84% 8.93% 8.99% 9.07% 9.34% 9.56% 8.27% 8.45% 11.37% 9.67% 9.62%
Cash Return on Invested Capital (CROIC)
-1.03% -8.70% -32.84% 3.16% -33.33% 0.02% -6.97% 3.74% -29.93% 7.12% 5.39%
Operating Return on Assets (OROA)
1.54% 1.38% 1.35% 1.46% 1.45% 1.65% 1.39% 1.25% 1.43% 1.23% 1.38%
Return on Assets (ROA)
0.96% 0.89% 0.87% 0.93% 1.10% 1.25% 1.06% 0.96% 1.15% 0.96% 1.04%
Return on Common Equity (ROCE)
7.35% 7.60% 8.49% 9.07% 9.34% 9.56% 8.27% 8.45% 11.37% 9.67% 9.62%
Return on Equity Simple (ROE_SIMPLE)
9.38% 8.05% 7.78% 8.66% 7.69% 9.10% 7.97% 8.12% 11.52% 8.69% 9.32%
Net Operating Profit after Tax (NOPAT)
15 17 22 27 37 48 45 51 73 69 79
NOPAT Margin
22.13% 21.64% 22.26% 21.62% 24.87% 26.39% 24.22% 21.68% 28.17% 24.60% 24.28%
Net Nonoperating Expense Percent (NNEP)
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
SG&A Expenses to Revenue
48.87% 47.93% 46.49% 43.52% 42.90% 45.29% 45.35% 48.34% 48.60% 48.14% 48.60%
Operating Expenses to Revenue
63.72% 64.55% 62.69% 60.14% 61.15% 61.64% 59.43% 65.50% 62.89% 66.28% 66.15%
Earnings before Interest and Taxes (EBIT)
25 26 34 42 49 63 60 67 91 88 104
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)
29 30 42 50 56 74 71 81 106 103 125
Valuation Ratios
- - - - - - - - - - -
Price to Book Value (P/BV)
0.64 1.00 1.25 1.34 0.88 0.98 0.90 1.10 0.97 1.01 1.03
Price to Tangible Book Value (P/TBV)
0.79 1.39 1.68 1.73 1.25 1.32 1.16 1.41 1.33 1.51 1.50
Price to Revenue (P/Rev)
1.25 2.33 3.59 3.33 2.86 2.85 2.73 3.02 2.37 2.85 2.69
Price to Earnings (P/E)
7.72 12.43 16.75 15.42 11.50 10.80 11.28 13.91 8.43 11.60 11.09
Dividend Yield
3.70% 1.42% 2.19% 2.02% 3.78% 2.45% 2.65% 3.18% 2.99% 2.74% 2.57%
Earnings Yield
12.95% 8.05% 5.97% 6.49% 8.69% 9.26% 8.86% 7.19% 11.86% 8.62% 9.02%
Enterprise Value to Invested Capital (EV/IC)
0.69 0.63 0.78 1.02 0.75 0.89 0.51 0.87 0.88 0.90 0.93
Enterprise Value to Revenue (EV/Rev)
3.24 3.07 4.38 4.62 4.22 4.26 2.70 3.66 4.87 4.51 4.03
Enterprise Value to EBITDA (EV/EBITDA)
7.88 7.77 10.29 11.44 11.01 10.44 7.07 10.70 11.86 12.23 10.45
Enterprise Value to EBIT (EV/EBIT)
9.14 9.11 12.71 13.67 12.80 12.23 8.45 13.01 13.82 14.29 12.53
Enterprise Value to NOPAT (EV/NOPAT)
14.62 14.20 19.66 21.38 16.96 16.14 11.15 16.88 17.29 18.33 16.59
Enterprise Value to Operating Cash Flow (EV/OCF)
12.71 10.66 15.65 12.36 14.72 12.32 7.95 12.49 19.16 17.45 10.52
Enterprise Value to Free Cash Flow (EV/FCFF)
0.00 0.00 0.00 32.62 0.00 5,732.77 0.00 23.47 0.00 12.51 17.30
Leverage & Solvency
- - - - - - - - - - -
Debt to Equity
0.99 0.83 0.95 0.81 0.73 0.66 0.73 0.36 1.26 0.77 0.66
Long-Term Debt to Equity
0.13 0.20 0.29 0.27 0.31 0.26 0.36 0.13 0.91 0.50 0.42
Financial Leverage
1.03 0.90 0.90 0.88 0.76 0.69 0.69 0.62 0.89 0.99 0.71
Leverage Ratio
10.22 10.06 10.29 9.73 8.52 7.66 7.82 8.79 9.92 10.05 9.21
Compound Leverage Factor
10.22 10.06 10.29 9.73 8.52 7.66 7.82 8.79 9.92 10.05 9.21
Debt to Total Capital
49.71% 45.33% 48.83% 44.78% 42.30% 39.64% 42.16% 26.35% 55.83% 43.40% 39.75%
Short-Term Debt to Total Capital
43.42% 34.50% 33.87% 29.71% 24.26% 23.85% 21.06% 16.56% 15.45% 15.25% 14.53%
Long-Term Debt to Total Capital
6.29% 10.83% 14.96% 15.07% 18.04% 15.79% 21.10% 9.79% 40.39% 28.16% 25.22%
Preferred Equity to Total Capital
8.36% 7.31% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Noncontrolling Interests to Total Capital
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Common Equity to Total Capital
41.93% 47.36% 51.17% 55.22% 57.70% 60.36% 57.84% 73.65% 44.17% 56.60% 60.25%
Debt to EBITDA
5.69 5.63 6.42 5.01 6.19 4.67 5.80 2.86 7.53 5.89 4.46
Net Debt to EBITDA
3.88 0.97 1.85 3.19 3.54 3.46 -0.08 1.88 6.08 4.49 3.46
Long-Term Debt to EBITDA
0.72 1.35 1.97 1.69 2.64 1.86 2.90 1.06 5.44 3.82 2.83
Debt to NOPAT
10.54 10.30 12.26 9.36 9.53 7.21 9.15 4.52 10.97 8.82 7.08
Net Debt to NOPAT
7.20 1.77 3.54 5.97 5.46 5.34 -0.13 2.96 8.86 6.73 5.50
Long-Term Debt to NOPAT
1.33 2.46 3.76 3.15 4.06 2.87 4.58 1.68 7.94 5.72 4.49
Noncontrolling Interest Sharing Ratio
25.27% 14.81% 5.64% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Liquidity Ratios
- - - - - - - - - - -
Cash Flow Metrics
- - - - - - - - - - -
Free Cash Flow to Firm (FCFF)
-3.29 -31 -152 17 -230 0.14 -65 37 -364 101 76
Operating Cash Flow to CapEx
1,509.08% 1,248.47% 5,004.01% 3,622.76% 1,355.24% 1,531.27% 2,579.82% 1,879.96% 1,311.24% 1,990.02% 2,519.74%
Free Cash Flow to Firm to Interest Expense
-1.01 -8.74 -35.33 2.70 -17.96 0.01 -3.87 2.43 -11.51 0.95 0.59
Operating Cash Flow to Interest Expense
5.47 6.29 6.39 7.12 3.29 2.61 3.80 4.56 2.08 0.68 0.97
Operating Cash Flow Less CapEx to Interest Expense
5.10 5.78 6.26 6.92 3.05 2.44 3.65 4.32 1.92 0.64 0.93
Efficiency Ratios
- - - - - - - - - - -
Asset Turnover
0.04 0.04 0.04 0.04 0.04 0.05 0.04 0.04 0.04 0.04 0.04
Fixed Asset Turnover
2.50 2.60 2.74 3.14 3.02 3.06 3.18 3.40 3.01 2.92 3.22
Capital & Investment Metrics
- - - - - - - - - - -
Invested Capital
328 375 549 558 825 872 982 997 1,434 1,402 1,405
Invested Capital Turnover
0.22 0.22 0.21 0.22 0.21 0.21 0.20 0.24 0.21 0.20 0.23
Increase / (Decrease) in Invested Capital
19 47 173 9.19 267 48 110 14 437 -32 3.26
Enterprise Value (EV)
226 234 429 571 621 774 505 869 1,261 1,263 1,309
Market Capitalization
87 178 352 411 421 518 511 716 615 800 875
Book Value per Share
$23.41 $21.08 $22.53 $24.41 $31.11 $31.60 $33.95 $35.97 $30.94 $33.27 $35.40
Tangible Book Value per Share
$18.71 $15.14 $16.86 $18.79 $22.01 $23.60 $26.30 $28.15 $22.64 $22.19 $24.44
Total Capital
328 375 549 558 825 872 982 883 1,434 1,402 1,405
Total Debt
163 170 268 250 349 346 414 233 800 608 558
Total Long-Term Debt
21 41 82 84 149 138 207 86 579 395 354
Net Debt
111 29 77 159 200 256 -5.79 153 646 464 434
Capital Expenditures (CapEx)
1.18 1.76 0.55 1.27 3.11 4.10 2.46 3.70 5.02 3.64 4.94
Net Nonoperating Expense (NNE)
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Net Nonoperating Obligations (NNO)
163 170 268 250 349 346 414 346 800 608 558
Total Depreciation and Amortization (D&A)
3.96 4.44 7.94 8.13 7.88 11 12 14 15 15 21
Earnings Adjustments
- - - - - - - - - - -
Adjusted Basic Earnings per Share
$1.88 $1.84 $2.07 $2.13 $2.53 $2.88 $2.71 $2.88 $3.62 $3.17 $3.31
Adjusted Weighted Average Basic Shares Outstanding
7.02M 8.46M 12.48M 12.67M 16.67M 16.70M 18.04M 20.44M 20.50M 23.89M 23.98M
Adjusted Diluted Earnings per Share
$1.85 $1.81 $2.05 $2.13 $2.52 $2.87 $2.70 $2.87 $3.60 $3.15 $3.30
Adjusted Weighted Average Diluted Shares Outstanding
7.02M 8.46M 12.48M 12.67M 16.67M 16.70M 18.04M 20.44M 20.50M 23.89M 23.98M
Adjusted Basic & Diluted Earnings per Share
$0.00 $0.00 $0.00 $0.00 $0.00 $2.88 $0.00 $0.00 $0.00 $0.00 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding
7.02M 8.46M 12.48M 12.67M 16.67M 16.70M 18.04M 20.44M 20.50M 23.89M 23.98M
Normalized Net Operating Profit after Tax (NOPAT)
15 17 22 27 37 48 45 51 73 69 79
Normalized NOPAT Margin
22.13% 21.64% 22.26% 21.62% 24.87% 26.39% 24.22% 21.68% 28.17% 24.60% 24.28%
Pre Tax Income Margin
35.38% 33.72% 34.43% 33.81% 32.96% 34.82% 31.96% 28.12% 35.25% 31.55% 32.12%
Debt Service Ratios
- - - - - - - - - - -
EBIT to Interest Expense
7.60 7.35 7.87 6.44 3.78 2.63 3.57 4.38 2.89 0.83 0.81
NOPAT to Interest Expense
4.75 4.72 5.09 4.12 2.85 1.99 2.71 3.37 2.31 0.65 0.61
EBIT Less CapEx to Interest Expense
7.24 6.85 7.74 6.24 3.54 2.46 3.42 4.13 2.73 0.79 0.77
NOPAT Less CapEx to Interest Expense
4.39 4.22 4.96 3.92 2.61 1.82 2.56 3.13 2.15 0.61 0.57
Payout Ratios
- - - - - - - - - - -
Dividend Payout Ratio
45.19% 33.24% 30.05% 27.09% 24.02% 24.74% 28.31% 28.59% 24.44% 28.37% 28.35%
Augmented Payout Ratio
56.59% 39.70% 30.05% 30.07% 24.40% 27.44% 28.78% 29.22% 24.91% 29.04% 29.19%

Quarterly Metrics and Ratios for First Mid Bancshares

This table displays calculated financial ratios and metrics derived from First Mid Bancshares' official financial filings.

Metric Q3 2022 Q4 2022 Q1 2023 Q2 2023 Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024
Period end date 9/30/2022 12/31/2022 3/31/2023 6/30/2023 9/30/2023 12/31/2023 3/31/2024 6/30/2024 9/30/2024 12/31/2024
Growth Metrics
- - - - - - - - - -
Revenue Growth
5.16% 6.32% 1.64% -5.40% 12.99% 23.96% 21.74% 28.02% 9.62% 7.68%
EBITDA Growth
-2.88% 3.57% 13.37% -7.84% -13.28% -2.47% 13.69% 28.25% 29.91% 14.80%
EBIT Growth
-4.40% 7.73% 17.11% -7.01% -12.28% -8.64% 8.16% 25.10% 23.81% 17.18%
NOPAT Growth
-2.11% 22.60% 15.43% -6.71% -15.73% -12.44% 6.90% 19.18% 28.87% 6.07%
Net Income Growth
-2.11% 22.60% 15.43% -6.71% -15.73% -12.44% 6.90% 19.18% 28.87% 6.07%
EPS Growth
-12.87% 6.38% 8.14% -6.98% -22.73% -26.00% -7.53% 2.50% 19.12% 9.46%
Operating Cash Flow Growth
-24.64% -49.54% -15.86% 543.88% -84.15% 149.46% 43.06% 34.27% 512.29% 32.67%
Free Cash Flow Firm Growth
32.26% -17,603.03% -1,394.43% 59.94% -232.63% 112.04% 149.66% 137.15% 117.31% -68.25%
Invested Capital Growth
11.28% 43.81% 46.24% 10.20% 29.74% -2.23% -13.83% -1.63% -2.44% 0.23%
Revenue Q/Q Growth
-0.52% -1.74% 2.74% -5.81% 18.82% 7.80% 0.91% -0.95% 1.74% 5.89%
EBITDA Q/Q Growth
1.37% 0.20% 4.16% -12.89% -4.62% 12.69% 21.42% -1.73% -3.39% -0.42%
EBIT Q/Q Growth
1.72% 1.48% 5.10% -14.28% -4.05% 5.68% 24.43% -0.85% -5.04% 0.02%
NOPAT Q/Q Growth
1.02% 15.05% -7.07% -13.62% -8.75% 19.54% 13.46% -3.70% -1.33% -1.61%
Net Income Q/Q Growth
1.02% 15.05% -7.07% -13.62% -8.75% 19.54% 13.46% -3.70% -1.33% -1.61%
EPS Q/Q Growth
2.33% 13.64% -7.00% -13.98% -15.00% 8.82% 16.22% -4.65% -1.22% 0.00%
Operating Cash Flow Q/Q Growth
949.06% -66.14% 75.59% -12.08% -69.69% 433.14% 0.69% -17.47% 38.21% 15.52%
Free Cash Flow Firm Q/Q Growth
67.13% -336.66% -16.95% 76.14% -172.96% 115.81% 382.30% -82.15% 27.21% -71.00%
Invested Capital Q/Q Growth
-14.20% 28.40% 11.58% -10.36% 1.02% -3.25% -1.65% 2.33% 0.19% -0.59%
Profitability Metrics
- - - - - - - - - -
EBITDA Margin
41.82% 42.65% 43.24% 39.99% 32.10% 33.56% 40.38% 40.06% 38.04% 35.78%
EBIT Margin
35.91% 37.08% 37.93% 34.52% 27.88% 27.33% 33.70% 33.73% 31.49% 29.74%
Profit (Net Income) Margin
27.58% 32.29% 29.21% 26.78% 20.57% 22.81% 25.65% 24.93% 24.18% 22.47%
Tax Burden Percent
76.80% 87.08% 77.00% 77.59% 73.78% 83.46% 76.10% 73.92% 76.80% 75.54%
Interest Burden Percent
100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00%
Effective Tax Rate
23.20% 12.92% 23.00% 22.41% 26.22% 16.54% 23.90% 26.08% 23.20% 24.46%
Return on Invested Capital (ROIC)
6.64% 6.88% 5.64% 5.02% 4.25% 4.51% 5.07% 5.47% 5.39% 5.20%
ROIC Less NNEP Spread (ROIC-NNEP)
6.64% 6.88% 5.64% 5.02% 4.25% 4.51% 5.07% 5.47% 5.39% 5.20%
Return on Net Nonoperating Assets (RNNOA)
4.82% 6.15% 5.80% 5.65% 3.89% 4.45% 5.28% 5.08% 4.27% 3.70%
Return on Equity (ROE)
11.46% 13.03% 11.44% 10.68% 8.14% 8.96% 10.35% 10.55% 9.66% 8.91%
Cash Return on Invested Capital (CROIC)
-4.16% -29.93% -31.95% -4.27% -20.31% 7.12% 19.57% 6.81% 7.91% 5.39%
Operating Return on Assets (OROA)
1.44% 1.51% 1.48% 1.33% 1.02% 1.07% 1.38% 1.47% 1.30% 1.28%
Return on Assets (ROA)
1.11% 1.31% 1.14% 1.03% 0.75% 0.89% 1.05% 1.09% 1.00% 0.97%
Return on Common Equity (ROCE)
11.46% 13.03% 11.43% 10.68% 8.14% 8.96% 10.34% 10.55% 9.66% 8.91%
Return on Equity Simple (ROE_SIMPLE)
11.51% 0.00% 11.41% 11.25% 9.69% 0.00% 8.80% 9.03% 9.06% 0.00%
Net Operating Profit after Tax (NOPAT)
18 21 19 17 15 18 21 20 19 19
NOPAT Margin
27.58% 32.29% 29.21% 26.78% 20.57% 22.81% 25.65% 24.93% 24.18% 22.47%
Net Nonoperating Expense Percent (NNEP)
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
SG&A Expenses to Revenue
48.46% 47.65% 49.84% 49.29% 45.06% 48.69% 48.62% 48.60% 50.21% 47.06%
Operating Expenses to Revenue
63.87% 61.66% 63.31% 64.74% 64.08% 71.97% 66.75% 64.90% 66.94% 65.99%
Earnings before Interest and Taxes (EBIT)
23 24 25 21 20 22 27 27 25 25
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)
27 27 28 25 24 27 32 32 31 31
Valuation Ratios
- - - - - - - - - -
Price to Book Value (P/BV)
1.03 0.97 0.81 0.72 0.72 1.01 0.97 0.96 1.08 1.03
Price to Tangible Book Value (P/TBV)
1.43 1.33 1.08 0.99 1.13 1.51 1.43 1.40 1.57 1.50
Price to Revenue (P/Rev)
2.41 2.37 2.05 1.86 2.00 2.85 2.62 2.50 2.92 2.69
Price to Earnings (P/E)
8.91 8.43 7.06 6.43 7.42 11.60 10.96 10.63 11.96 11.09
Dividend Yield
2.96% 2.99% 3.50% 3.95% 3.56% 2.74% 2.85% 2.82% 2.39% 2.57%
Earnings Yield
11.23% 11.86% 14.17% 15.55% 13.48% 8.62% 9.12% 9.41% 8.36% 9.02%
Enterprise Value to Invested Capital (EV/IC)
0.87 0.88 0.91 0.75 0.59 0.90 0.72 0.81 0.93 0.93
Enterprise Value to Revenue (EV/Rev)
3.80 4.87 5.58 4.19 3.23 4.51 3.37 3.65 4.13 4.03
Enterprise Value to EBITDA (EV/EBITDA)
9.19 11.86 13.23 9.99 8.23 12.23 9.25 9.97 10.86 10.45
Enterprise Value to EBIT (EV/EBIT)
10.82 13.82 15.29 11.52 9.46 14.29 10.96 11.88 13.08 12.53
Enterprise Value to NOPAT (EV/NOPAT)
14.02 17.29 19.22 14.47 11.97 18.33 14.11 15.50 16.93 16.59
Enterprise Value to Operating Cash Flow (EV/OCF)
12.56 19.16 23.41 12.82 15.52 17.45 12.21 13.04 11.45 10.52
Enterprise Value to Free Cash Flow (EV/FCFF)
0.00 0.00 0.00 0.00 0.00 12.51 3.40 11.76 11.64 17.30
Leverage & Solvency
- - - - - - - - - -
Debt to Equity
0.86 1.26 1.42 1.17 0.96 0.77 0.73 0.73 0.65 0.66
Long-Term Debt to Equity
0.48 0.91 1.07 0.85 0.67 0.50 0.46 0.48 0.41 0.42
Financial Leverage
0.73 0.89 1.03 1.13 0.92 0.99 1.04 0.93 0.79 0.71
Leverage Ratio
10.34 9.92 10.02 10.38 10.84 10.05 9.84 9.69 9.66 9.21
Compound Leverage Factor
10.34 9.92 10.02 10.38 10.84 10.05 9.84 9.69 9.66 9.21
Debt to Total Capital
46.20% 55.83% 58.62% 53.92% 49.06% 43.40% 42.11% 42.32% 39.25% 39.75%
Short-Term Debt to Total Capital
20.22% 15.45% 14.30% 14.59% 14.84% 15.25% 15.29% 14.60% 14.46% 14.53%
Long-Term Debt to Total Capital
25.98% 40.39% 44.33% 39.34% 34.21% 28.16% 26.82% 27.72% 24.79% 25.22%
Preferred Equity to Total Capital
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Noncontrolling Interests to Total Capital
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Common Equity to Total Capital
53.80% 44.17% 41.32% 46.08% 50.94% 56.60% 57.89% 57.68% 60.75% 60.25%
Debt to EBITDA
4.89 7.53 8.55 7.19 6.83 5.89 5.41 5.23 4.57 4.46
Net Debt to EBITDA
3.35 6.08 8.37 5.55 3.13 4.49 2.06 3.13 3.19 3.46
Long-Term Debt to EBITDA
2.75 5.44 6.46 5.24 4.77 3.82 3.45 3.42 2.89 2.83
Debt to NOPAT
7.46 10.97 12.42 10.40 9.94 8.82 8.26 8.13 7.13 7.08
Net Debt to NOPAT
5.11 8.86 12.17 8.04 4.55 6.73 3.15 4.87 4.97 5.50
Long-Term Debt to NOPAT
4.20 7.94 9.39 7.59 6.93 5.72 5.26 5.32 4.50 4.49
Noncontrolling Interest Sharing Ratio
0.00% 0.00% 0.07% 0.00% 0.00% 0.00% 0.07% 0.00% 0.00% 0.00%
Liquidity Ratios
- - - - - - - - - -
Cash Flow Metrics
- - - - - - - - - -
Free Cash Flow to Firm (FCFF)
-95 -416 -487 -116 -317 50 242 43 55 16
Operating Cash Flow to CapEx
3,065.44% 1,009.08% 2,157.81% 1,846.23% 486.16% 4,667.96% 1,962.70% 2,149.96% 2,990.16% 3,081.64%
Free Cash Flow to Firm to Interest Expense
-11.21 -27.67 -23.76 -4.89 -10.57 1.54 7.50 1.35 1.63 0.52
Operating Cash Flow to Interest Expense
4.02 0.77 0.99 0.75 0.18 0.89 0.90 0.75 0.98 1.24
Operating Cash Flow Less CapEx to Interest Expense
3.89 0.69 0.95 0.71 0.14 0.87 0.86 0.72 0.95 1.20
Efficiency Ratios
- - - - - - - - - -
Asset Turnover
0.04 0.04 0.04 0.04 0.04 0.04 0.04 0.04 0.04 0.04
Fixed Asset Turnover
2.96 3.01 2.90 2.84 2.75 2.92 3.07 3.26 3.13 3.22
Capital & Investment Metrics
- - - - - - - - - -
Invested Capital
1,116 1,434 1,600 1,434 1,449 1,402 1,378 1,411 1,413 1,405
Invested Capital Turnover
0.24 0.21 0.19 0.19 0.21 0.20 0.20 0.22 0.22 0.23
Increase / (Decrease) in Invested Capital
113 437 506 133 332 -32 -221 -23 -35 3.26
Enterprise Value (EV)
969 1,261 1,452 1,075 856 1,263 991 1,138 1,317 1,309
Market Capitalization
616 615 533 478 530 800 770 781 930 875
Book Value per Share
$29.37 $30.94 $32.24 $32.18 $35.93 $33.27 $33.40 $34.05 $35.91 $35.40
Tangible Book Value per Share
$21.01 $22.64 $24.03 $23.48 $22.89 $22.19 $22.49 $23.28 $24.82 $24.44
Total Capital
1,116 1,434 1,600 1,434 1,449 1,402 1,378 1,411 1,413 1,405
Total Debt
516 800 938 773 711 608 580 597 555 558
Total Long-Term Debt
290 579 709 564 496 395 370 391 350 354
Net Debt
353 646 919 597 325 464 221 358 387 434
Capital Expenditures (CapEx)
1.11 1.15 0.94 0.97 1.11 0.62 1.48 1.12 1.11 1.24
Net Nonoperating Expense (NNE)
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Net Nonoperating Obligations (NNO)
516 800 938 773 711 608 580 597 555 558
Total Depreciation and Amortization (D&A)
3.85 3.56 3.49 3.38 3.10 4.93 5.34 5.01 5.28 5.15
Earnings Adjustments
- - - - - - - - - -
Adjusted Basic Earnings per Share
$0.88 $1.01 $0.94 $0.81 $0.68 $0.74 $0.86 $0.83 $0.81 $0.81
Adjusted Weighted Average Basic Shares Outstanding
20.46M 20.50M 20.53M 20.54M 23.84M 23.89M 23.90M 23.91M 23.91M 23.98M
Adjusted Diluted Earnings per Share
$0.88 $1.00 $0.93 $0.80 $0.68 $0.74 $0.86 $0.82 $0.81 $0.81
Adjusted Weighted Average Diluted Shares Outstanding
20.46M 20.50M 20.53M 20.54M 23.84M 23.89M 23.90M 23.91M 23.91M 23.98M
Adjusted Basic & Diluted Earnings per Share
$0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding
20.46M 20.50M 20.53M 20.54M 23.84M 23.89M 23.90M 23.91M 23.91M 23.98M
Normalized Net Operating Profit after Tax (NOPAT)
18 21 19 17 15 18 21 20 19 19
Normalized NOPAT Margin
27.58% 32.29% 29.21% 26.78% 20.57% 22.81% 25.65% 24.93% 24.18% 22.47%
Pre Tax Income Margin
35.91% 37.08% 37.93% 34.52% 27.88% 27.33% 33.70% 33.73% 31.49% 29.74%
Debt Service Ratios
- - - - - - - - - -
EBIT to Interest Expense
2.75 1.58 1.22 0.90 0.68 0.67 0.84 0.84 0.75 0.82
NOPAT to Interest Expense
2.11 1.37 0.94 0.70 0.50 0.56 0.64 0.62 0.58 0.62
EBIT Less CapEx to Interest Expense
2.62 1.50 1.17 0.86 0.65 0.65 0.79 0.80 0.72 0.78
NOPAT Less CapEx to Interest Expense
1.98 1.30 0.89 0.66 0.47 0.54 0.59 0.58 0.55 0.58
Payout Ratios
- - - - - - - - - -
Dividend Payout Ratio
24.74% 24.44% 24.57% 25.26% 26.27% 28.37% 28.94% 28.74% 28.43% 28.35%
Augmented Payout Ratio
25.23% 24.91% 25.01% 25.70% 26.74% 29.04% 29.59% 29.37% 29.02% 29.19%

Frequently Asked Questions About First Mid Bancshares' Financials

When does First Mid Bancshares's fiscal year end?

According to the most recent income statement we have on file, First Mid Bancshares' financial year ends in December. Their financial year 2024 ended on December 31, 2024.

How has First Mid Bancshares' net income changed over the last 10 years?

First Mid Bancshares' net income appears to be on an upward trend, with a most recent value of $78.90 million in 2024, rising from $15.46 million in 2014. The previous period was $68.94 million in 2023. View First Mid Bancshares' forecast to see where analysts expect First Mid Bancshares to go next.

How has First Mid Bancshares revenue changed over the last 10 years?

Over the last 10 years, First Mid Bancshares' total revenue changed from $69.85 million in 2014 to $325.01 million in 2024, a change of 365.3%.

How much debt does First Mid Bancshares have?

First Mid Bancshares' total liabilities were at $6.67 billion at the end of 2024, a 1.8% decrease from 2023, and a 362.7% increase since 2014.

How much cash does First Mid Bancshares have?

In the past 10 years, First Mid Bancshares' cash and equivalents has ranged from $0.00 in 2021 to $138.41 million in 2022, and is currently $92.11 million as of their latest financial filing in 2024.

How has First Mid Bancshares' book value per share changed over the last 10 years?

Over the last 10 years, First Mid Bancshares' book value per share changed from 23.41 in 2014 to 35.40 in 2024, a change of 51.2%.



This page (NASDAQ:FMBH) was last updated on 5/4/2025 by MarketBeat.com Staff
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