First Mid Illinois Stock Today

FMBH Stock  USD 37.74  0.24  0.64%   

Performance

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Odds Of Distress

Less than 6

 
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First Mid is trading at 37.74 as of the 25th of December 2024. This is a 0.64 percent increase since the beginning of the trading day. The stock's open price was 37.5. First Mid has only a 6 % chance of going through financial distress over the next few years, but has generated negative returns over the last 90 days. The performance scores are derived for the period starting the 26th of September 2024 and ending today, the 25th of December 2024. Click here to learn more.
Business Domain
Banks
IPO Date
16th of March 1999
Category
Financial Services
Classification
Financials
First Mid Bancshares, Inc., a financial holding company, provides community banking products and services to commercial, retail, and agricultural customers in the United States. First Mid Bancshares, Inc. was founded in 1865 and is headquartered in Mattoon, Illinois. The company has 23.91 M outstanding shares of which 104.7 K shares are currently shorted by private and institutional investors with about 1.64 trading days to cover. More on First Mid Illinois

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First Stock Highlights

ESG Sustainability
Environmental
Governance
Social
ChairmanJoseph Dively
Business ConcentrationRegional Banks, Banks - Regional, Financial Services, NASDAQ Composite, NASDAQ Composite Total, Financials, Banks, Banks—Regional, Financial Services (View all Sectors)
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Return On Assets0.00740.0091
Significantly Down
Slightly volatile
Asset Turnover0.02930.0361
Significantly Down
Pretty Stable
Gross Profit Margin0.780.88
Fairly Down
Slightly volatile
Total Current Liabilities4.8 B4.6 B
Sufficiently Up
Slightly volatile
Non Current Liabilities Total2.3 B2.2 B
Sufficiently Up
Slightly volatile
Total AssetsB7.6 B
Sufficiently Up
Slightly volatile
Total Current Assets135.9 M143.1 M
Notably Down
Very volatile
Total Cash From Operating Activities76 M72.4 M
Sufficiently Up
Slightly volatile
Debt Levels
First Mid can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand First Mid's financial leverage. It provides some insight into what part of First Mid's total assets is financed by creditors.
Liquidity
First Mid Illinois currently holds 608.32 M in liabilities with Debt to Equity (D/E) ratio of 9.31, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Note, when we think about First Mid's use of debt, we should always consider it together with its cash and equity.

Begin Period Cash Flow

89.28 Million
First Mid Illinois (FMBH) is traded on NASDAQ Exchange in USA. It is located in 1421 Charleston Avenue, Mattoon, IL, United States, 61938 and employs 1,207 people. First Mid is listed under Regional Banks category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with a current market capitalization of 902.43 M. First Mid Illinois conducts business under Banks sector and is part of Financials industry. The entity has 23.91 M outstanding shares of which 104.7 K shares are currently shorted by private and institutional investors with about 1.64 trading days to cover. First Mid Illinois currently holds about 142.42 M in cash with 72.42 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 6.96.
Check First Mid Probability Of Bankruptcy
Ownership Allocation
First Mid holds a total of 23.91 Million outstanding shares. 30% of First Mid Illinois outstanding shares are owned by other corporate entities. Institutional investors are typically referred to investors that purchase positions in a given stock to benefit from reduced commissions. Consequently, institutional investors are subject to different rules and regulations than regular investors. Please look out for any change in current institutional holding as this could mean something significant has changed at the company or is about to change. Please note that no matter how many assets the company secures, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check First Ownership Details

First Stock Institutional Holders

InstituionRecorded OnShares
Northern Trust Corp2024-09-30
211.1 K
Kennedy Capital Management Inc2024-09-30
177.7 K
Charles Schwab Investment Management Inc2024-09-30
175.3 K
Jpmorgan Chase & Co2024-09-30
133.1 K
Siena Capital Management, Llc2024-09-30
128.4 K
Deprince Race & Zollo Inc2024-09-30
123.7 K
Goldman Sachs Group Inc2024-09-30
113.4 K
Bridgeway Capital Management, Llc2024-09-30
111.6 K
Creative Planning Inc2024-09-30
100.5 K
Blackrock Inc2024-06-30
1.8 M
Vanguard Group Inc2024-09-30
1.3 M
View First Mid Diagnostics

First Mid Historical Income Statement

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. View More Fundamentals

First Stock Against Markets

First Mid Corporate Management

Eric McRaeExecutive VP, Executive VP of First Mid-Illinois Bank and Trust, N.A. and Sr. Lender of First Mid-Illinois Bank and Trust, N.A.Profile
Megan McElweeSenior OfficerProfile
David HidenSenior OfficerProfile
Anya SchuetzSenior ManagementProfile
Rhonda GatonsExecutive ResourcesProfile
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 closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.
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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.