Stock AnalizFirst Mid Bancshares, Inc. FMBH
Major Banks · data as of November 13, 2026
First Mid Bancshares, Inc. (FMBH) is a financial company listed in the US with a market value of about $1.4B. In the twelve months to September 30, 2026 it had revenue of $401M and net income of $111M, a net margin of 27.7%.
Its overall Stock Analiz score is 2.8 out of 5 (average). The strongest part is value (3/5); the weakest is track record (2/5).
Key numbers: a P/E of 11.8, a price to free cash flow of 10.2, 5-year revenue growth of 13% a year. A discounted cash flow model with moderate assumptions puts its intrinsic value about 68% below the current price.
Score: 2.8 / 5
Checks passed
- P/E below 25
- P/E below the industry median
- P/FCF below 20
- 3-year revenue growth above 10% a year
- Profit margin improving
- 3-year free cash flow growth above 10% a year
- 5-year revenue growth above 8% a year
- Profitable 5 years in a row
Checks not passed
- Price below intrinsic value (DCF, moderate assumptions)
- PEG below 1.5
- Revenue growth above 10% last year
- Strong R&D investment or growth above 20%
- 5-year EPS growth above 10% a year
- 5-year average ROIC above 12%
- ROE above 15%
- Interest covered more than 5 times
Valuation
Growth and quality
Financials, last 10 years
| Fiscal year | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $401M | $349M | $325M | $280M | $259M | $238M | $187M | $182M | $147M | $123M | $98M |
| Net income | $111M | $92M | $79M | $69M | $73M | $51M | $45M | $48M | $37M | $27M | $22M |
| Free cash flow | $133M | $124M | $119M | $69M | $61M | $66M | $61M | $59M | $39M | $45M | $27M |
| EPS (diluted) | $4.34 | $3.83 | $3.30 | $3.15 | $3.60 | $2.87 | $2.70 | $2.87 | $2.52 | $2.13 | $2.05 |
| Net margin | 27.7% | 26.3% | 24.3% | 24.6% | 28.2% | 21.7% | 24.2% | 26.4% | 24.9% | 21.6% | 22.3% |
| ROIC | — | — | — | — | — | — | — | — | — | — | — |
From the company’s 10-K and 10-Q filings with the SEC. TTM = trailing twelve months.
What analysts expect
The average 12-month price target from 7 analysts is $58.29, 14% above the current price; targets range from $56.00 to $64.00; the consensus rating is “Buy”; expected EPS is $4.85 for the fiscal year ending December 31, 2026.
Frequently asked questions
What is First Mid Bancshares’s P/E ratio?
About 11.8, based on the last twelve months of diluted earnings per share (forward P/E about 10.3).
Is First Mid Bancshares stock undervalued?
Our DCF model with moderate assumptions puts its intrinsic value about 68% below the current market value. A model is a range, not a promise; try your own assumptions in the DCF calculator.
Does First Mid Bancshares pay a dividend?
Yes. The dividend yield is about 2.03%, and it has paid dividends for 10 years in our data.
Is First Mid Bancshares a good stock to buy?
We do not give buy or sell advice. First Mid Bancshares scores 2.8 out of 5 on our five checks (value, growth, track record, financial health and shareholder returns); the checks above show why.
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Generated from SEC filings, analyst consensus estimates and market prices, rebuilt every day. Educational information, not investment advice.