Gary Melvin - First Mid Independent Director
| FMBH Stock | USD 31.13 1.27 4.25% |
Director
Mr. Gary W. Melvin is an Independent Director of the Company. Mr. Melvin has served as a director of the Company since 1990. Mr. Melvin has a bachelors degree in Economics from Western Illinois University and for thirtyfive years served as president, CEO and majority owner of Rural King Farm Home Supplies, Inc., a retail farm and home supply store chain where he was actively involved with management in all aspects of the business. He currently serves as consultant and director, as well as a major stockholder, of Rural King Farm Home Supplies, Inc. Mr. Melvins ownership and leadership role in an important local and regional retailer provides the Board of Directors with a knowledgeable and skilled local business outlook. since 1990.
| Age | 69 |
| Tenure | 34 years |
| Address | 1421 Charleston Avenue, Mattoon, IL, United States, 61938 |
| Phone | 217 234 7454 |
| Web | https://www.firstmid.com |
First Mid Management Efficiency
The First Mid's current Return On Equity is estimated to increase to 0.11, while Return On Tangible Assets are projected to decrease to 0.01. As of now, First Mid's Other Assets are increasing as compared to previous years. The First Mid's current Intangible Assets is estimated to increase to about 277.4 M, while Total Current Assets are projected to decrease to under 135.9 M. First Mid's management efficiency ratios could be used to measure how well First Mid manages its routine affairs as well as how well it operates its assets and liabilities.Similar Executives
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Management Performance
| Return On Equity | 0.0967 | ||||
| Return On Asset | 0.0096 |
First Mid Illinois Leadership Team
Elected by the shareholders, the First Mid's board of directors comprises two types of representatives: First Mid inside directors who are chosen from within the company, and outside directors, selected externally and held independent of First. The board's role is to monitor First Mid's management team and ensure that shareholders' interests are well served. First Mid's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, First Mid's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Christopher Slabach, Senior Vice President | ||
| Matthew Smith, CFO, Executive Vice President | ||
| John Hedges, Sr. Executive VP, Chief Credit Officer of First Mid-Illinois Bank and Trust, N.A. and Sr. Executive VP of First Mid-Illinois Bank and Trust, N.A. | ||
| Ray Sparks, Independent Director | ||
| Rhonda Gatons, Executive Resources | ||
| Clay Dean, Senior Vice President | ||
| Steven Grissom, Independent Director | ||
| Robert Cook, Director | ||
| Aaron Holt, Corporate Secretary | ||
| Jason Crowder, SVP Counsel | ||
| James Zimmer, Director | ||
| Amanda Lewis, Senior Vice President | ||
| Matthew CPA, Executive CFO | ||
| Joseph Dively, Chairman, CEO and President Chairman of First Mid-Illinois Bank and Trust N.A., CEO of First Mid-Illinois Bank and Trust N.A. and President of First Mid-Illinois Bank and Trust N.A. | ||
| Megan McElwee, Senior Officer | ||
| Eric McRae, Executive VP, Executive VP of First Mid-Illinois Bank and Trust, N.A. and Sr. Lender of First Mid-Illinois Bank and Trust, N.A. | ||
| David Hiden, Senior Officer | ||
| Laurel Allenbaugh, Executive VP and President of Mid-Illinois Data Services Inc, Chief Operations Officer of First Mid Bank and Executive VP of First Mid Bank | ||
| Anya Schuetz, Senior Management | ||
| Mary Westerhold, Director | ||
| Danielle Niebrugge, Vice President | ||
| Jordan Read, Senior Officer | ||
| Bradley Beesley, Executive Vice President& Chief Trust and Wealth Management Officer | ||
| Gary Melvin, Independent Director | ||
| Michael Taylor, CFO, Sr. Executive VP, CFO of First Mid-Illinois Bank and Trust N.A. and Sr. Executive VP of First Mid-Illinoisbank and Trust | ||
| Jeremy Frieburg, Executive Officer | ||
| William Rowland, Director | ||
| Holly Bailey, Independent Director | ||
| Lee Perry, IR Contact |
First Stock Performance Indicators
The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is First Mid a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.
| Return On Equity | 0.0967 | ||||
| Return On Asset | 0.0096 | ||||
| Profit Margin | 0.25 % | ||||
| Operating Margin | 0.34 % | ||||
| Current Valuation | 1.22 B | ||||
| Shares Outstanding | 23.89 M | ||||
| Shares Owned By Insiders | 16.45 % | ||||
| Shares Owned By Institutions | 40.94 % | ||||
| Number Of Shares Shorted | 201.17 K | ||||
| Price To Earning | 14.51 X |
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards First Mid in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, First Mid's short interest history, or implied volatility extrapolated from First Mid options trading.
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Try AI Portfolio ArchitectCheck out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in First Mid Illinois. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of labor statistics. Note that the First Mid Illinois information on this page should be used as a complementary analysis to other First Mid's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Complementary Tools for First Stock analysis
When running First Mid's price analysis, check to measure First Mid's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy First Mid is operating at the current time. Most of First Mid's value examination focuses on studying past and present price action to predict the probability of First Mid's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move First Mid's price. Additionally, you may evaluate how the addition of First Mid to your portfolios can decrease your overall portfolio volatility.
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Is First Mid's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of First Mid. If investors know First will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about First Mid listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.24) | Dividend Share 0.92 | Earnings Share 3.15 | Revenue Per Share 12.587 | Quarterly Revenue Growth 0.247 |
The market value of First Mid Illinois is measured differently than its book value, which is the value of First that is recorded on the company's balance sheet. Investors also form their own opinion of First Mid's value that differs from its market value or its book value, called intrinsic value, which is First Mid's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because First Mid's market value can be influenced by many factors that don't directly affect First Mid's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between First Mid's value and its price as these two are different measures arrived at by different means. Investors typically determine if First Mid is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, First Mid's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.