First Historical Income Statement

FMBH Stock  USD 31.51  0.13  0.41%   
Historical analysis of First Mid income statement accounts such as Selling General Administrative of 116.9 M or Total Revenue of 315.2 M can show how well First Mid Illinois performed in making a profits. Evaluating First Mid income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of First Mid's future profits or losses.
 
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Credit Downgrade
 
Yuan Drop
 
Covid
Financial Statement Analysis is much more than just reviewing and examining First Mid Illinois latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether First Mid Illinois is a good buy for the upcoming year.
  
Check 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.

About First Income Statement Analysis

First Mid Illinois Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to First Mid shareholders. The income statement also shows First investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

First Mid Income Statement Chart

First Mid Illinois Income Statement is one of the three primary financial statements used for reporting First's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of First Mid Illinois revenue and expense. First Mid Income Statement primarily focuses on the company's revenues and expenses during a particular period.
As of now, First Mid's Total Revenue is increasing as compared to previous years. The First Mid's current Gross Profit is estimated to increase to about 315.2 M, while Other Operating Expenses is projected to decrease to under 2.9 M.

Total Revenue

Total revenue comprises all receipts First Mid Illinois generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of First Mid Illinois minus its cost of goods sold. It is profit before First Mid operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of First Mid Illinois. It is also known as First Mid overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.

Net Interest Income

The difference between the revenue generated from a bank's interest-bearing assets and the expenses associated with paying its interest-bearing liabilities.
Most accounts from First Mid's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into First Mid Illinois current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check 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.
As of now, First Mid's Total Revenue is increasing as compared to previous years. The First Mid's current Gross Profit is estimated to increase to about 315.2 M, while Other Operating Expenses is projected to decrease to under 2.9 M.
 2021 2022 2023 2024 (projected)
Interest Expense15.3M31.6M106.7M112.0M
Depreciation And Amortization5.4M6.3M9.1M9.6M

First Mid income statement Correlations

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Click cells to compare fundamentals

First Mid Account Relationship Matchups

First Mid income statement Accounts

201920202021202220232024 (projected)
Depreciation And Amortization5.8M5.1M5.4M6.3M9.1M9.6M
Interest Expense24.0M16.7M15.3M31.6M106.7M112.0M
Selling General Administrative62.8M67.8M91.3M100.4M111.3M116.9M
Total Revenue181.7M186.9M237.5M254.7M300.2M315.2M
Gross Profit181.7M186.9M237.5M254.7M300.2M315.2M
Other Operating Expenses118.4M127.2M170.7M123.0M3.0M2.9M
Operating Income63.3M59.7M66.8M131.7M88.4M44.3M
Ebit63.3M59.7M66.8M131.7M88.4M44.5M
Ebitda69.1M64.8M72.2M138.0M88.4M47.4M
Total Operating Expenses(118.4M)(127.2M)(170.7M)(123.0M)3.0M3.2M
Income Before Tax63.3M59.7M66.8M91.3M88.4M92.8M
Total Other Income Expense Net63.3M59.7M66.8M(40.4M)88.4M92.8M
Net Income47.9M45.3M51.5M73.0M68.9M72.4M
Income Tax Expense15.3M14.5M15.3M18.3M19.5M20.4M
Selling And Marketing Expenses2.0M1.6M3.6M3.0M3.0M3.2M
Net Income Applicable To Common Shares47.9M45.3M51.5M73.0M83.9M88.1M
Net Income From Continuing Ops47.9M45.3M51.5M73.0M68.9M39.1M
Tax Provision15.3M14.5M15.3M18.3M19.5M16.0M
Net Interest Income125.7M127.4M167.8M184.3M193.5M138.2M
Interest Income149.7M144.1M183.0M215.9M300.2M165.2M
Reconciled Depreciation10.8M11.7M5.4M6.3M14.9M10.2M

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When determining whether First Mid Illinois offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of First Mid's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of First Mid Illinois Stock. Outlined below are crucial reports that will aid in making a well-informed decision on First Mid Illinois Stock:
Check 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 Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.

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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
(0.08)
Dividend Share
0.92
Earnings Share
3.08
Revenue Per Share
12.727
Quarterly Revenue Growth
0.208
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.