First Interest Expense from 2010 to 2024

FMBH Stock  USD 42.29  0.28  0.67%   
First Mid's Interest Expense is increasing with slightly volatile movements from year to year. Interest Expense is estimated to finish at about 112 M this year. Interest Expense is the cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit. View All Fundamentals
 
Interest Expense  
First Reported
1999-03-31
Previous Quarter
31.9 M
Current Value
33.6 M
Quarterly Volatility
6.4 M
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check First Mid financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among First Mid's main balance sheet or income statement drivers, such as Depreciation And Amortization of 9.6 M, Interest Expense of 112 M or Selling General Administrative of 116.9 M, as well as many indicators such as Price To Sales Ratio of 4.31, Dividend Yield of 0.017 or PTB Ratio of 1.42. First financial statements analysis is a perfect complement when working with First Mid Valuation or Volatility modules.
  
Check out the analysis of First Mid Correlation against competitors.

Latest First Mid's Interest Expense Growth Pattern

Below is the plot of the Interest Expense of First Mid Illinois over the last few years. It is the cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit. First Mid's Interest Expense historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in First Mid's overall financial position and show how it may be relating to other accounts over time.
Interest Expense10 Years Trend
Slightly volatile
   Interest Expense   
       Timeline  

First Interest Expense Regression Statistics

Arithmetic Mean24,457,277
Geometric Mean12,241,910
Coefficient Of Variation144.84
Mean Deviation23,597,776
Median11,918,000
Standard Deviation35,424,711
Sample Variance1254.9T
Range108.8M
R-Value0.70
Mean Square Error687.8T
R-Squared0.49
Significance0
Slope5,551,036
Total Sum of Squares17568.7T

First Interest Expense History

2024112 M
2023106.7 M
202231.6 M
202115.3 M
202016.7 M
201924 M
201812.8 M

About First Mid Financial Statements

Investors use fundamental indicators, such as First Mid's Interest Expense, to determine how well the company is positioned to perform in the future. Although First Mid's investors may analyze each financial statement separately, they are all interrelated. Understanding these patterns can help investors make the right trading decisions.
Last ReportedProjected for Next Year
Interest Expense106.7 M112 M

Currently Active Assets on Macroaxis

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 the analysis of First Mid Correlation against competitors.
You can also try the Analyst Advice module to analyst recommendations and target price estimates broken down by several categories.
Is Regional Banks space 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
0.191
Dividend Share
0.93
Earnings Share
3.24
Revenue Per Share
13.247
Quarterly Revenue Growth
0.173
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.