FMBH Stock Analysis: First Mid Illinois | NASDAQ
Banks - Regional | NASDAQ, USA | Market Cap: 1.280m USD | 12M Return: 26.5% | Charts, Fundamentals & Technical Analysis
Avg Turnover: 7.74M
EPS Trend: 64.4%
Qual. Beats: 1
Rev. Trend: 87.9%
Qual. Beats: 0
Warnings
No concerns identified
Tailwinds
Seasonality 10.5 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
First Mid Bancshares, Inc. (FMBH) is a community-oriented financial holding company founded in 1865 and headquartered in Mattoon, Illinois. Operating as a regional bank, the company provides a full suite of banking products to commercial, retail, and agricultural customers across the United States, including demand deposits, savings, money market, and time deposit accounts, along with a diversified loan portfolio spanning commercial real estate, commercial and industrial, agricultural, residential, consumer, construction, and multifamily lending.
Beyond traditional banking, FMBH generates fee-based revenue through wealth management services (estate planning, investment advisory, employee benefits, and farm management and brokerage) as well as insurance offerings (property and casualty, senior, group medical, and personal lines). This blend of community banking, wealth management, and insurance reflects a typical super-community bank business model, in which regional lenders supplement net interest income with non-interest income to diversify earnings and deepen customer relationships.
- Net interest margin compresses as deposit costs outpace loan repricing
- Commercial real estate and agricultural loan growth drives core earnings
- Wealth management and insurance fee income diversifies revenue mix
| Net Income: 95.9m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.01 > 0.02 and ΔFCF/TA -0.73 > 1.0 |
| NWC/Revenue: -1.55k% < 20% (prev -1.30k%; Δ -252.9% < -1%) |
| CFO/TA 0.01 > 3% & CFO 108.1m > Net Income 95.9m |
| Net Debt (-63.6m) to EBITDA (114.4m): -0.56 < 3 |
| Current Ratio: 0.09 > 1.5 & < 3 |
| Outstanding Shares: last quarter (24.9m) vs 12m ago 3.90% < -2% |
| Gross Margin: 65.91% > 18% (prev 70.41%; Δ -4.50% > 0.5%) |
| Asset Turnover: 5.41% > 50% (prev 5.90%; Δ -0.49% > 0%) |
| Interest Coverage Ratio: 0.81 > 6 (EBIT TTM 96.4m / Interest Expense TTM 118.5m) |
| A: -0.76 (Total Current Assets 736.3m - Total Current Liabilities 7.82b) / Total Assets 9.29b |
| B: 0.05 (Retained Earnings 483.9m / Total Assets 9.29b) |
| C: 0.01 (EBIT TTM 96.4m / Avg Total Assets 8.43b) |
| D: 0.13 (Book Value of Equity 1.08b / Total Liabilities 8.21b) |
| Altman-Z'' = -4.62 = D |
| DSRI: 0.48 (Receivables 46.8m/95.3m, Revenue 456.4m/446.9m) |
| GMI: 1.07 (GM 70.41% / 65.91%) |
| AQI: 1.00 (AQ_t 0.91 / AQ_t-1 0.91) |
| SGI: 1.02 (Revenue 456.4m / 446.9m) |
| TATA: -0.00 (NI 95.9m - CFO 108.1m) / TA 9.29b) |
| Beneish M = -3.38 (Cap -4..+1) = AA |
As of July 08, 2026, the stock is trading at USD 48.13 with a total of 114,543 shares traded. Over the past week, the price has changed by +0.56%, over one month by +6.86%, over three months by +13.86% and over the past year by +26.49%.
Current recommended Stop Loss: 46.70 (which is 3% or 1.2 ATR below the current price).
First Mid Illinois has received a consensus analysts rating of 3.86. Therefore, it is recommended to buy FMBH.
- StrongBuy: 2
- Buy: 2
- Hold: 3
- Sell: 0
- StrongSell: 0
| Analysts Target Price | 49.3 | 2.4% |
P/E Trailing = 12.1439
P/E Forward = 12.0482
P/S = 3.6435
P/B = 1.1844
P/EG = 1.2716
Revenue TTM = 456.4m USD
EBIT TTM = 96.4m USD
EBITDA TTM = 114.4m USD
Long Term Debt = 341.5m USD (from longTermDebt, last quarter)
Short Term Debt = 256.5m USD (from shortTermDebt, last quarter)
Debt = 625.9m USD (from shortLongTermDebtTotal, last quarter) + Leases 14.0m
Net Debt = -63.6m USD (calculated: Debt 625.9m - CCE 689.5m)
Enterprise Value = 1.22b USD (1.28b + Debt 625.9m - CCE 689.5m)
Interest Coverage Ratio = 0.81 (Ebit TTM 96.4m / Interest Expense TTM 118.5m)
EV/FCF = 12.02x (Enterprise Value 1.22b / FCF TTM 101.2m)
FCF Yield = 8.32% (FCF TTM 101.2m / Enterprise Value 1.22b)
FCF Margin = 22.17% (FCF TTM 101.2m / Revenue TTM 456.4m)
Net Margin = 21.01% (Net Income TTM 95.9m / Revenue TTM 456.4m)
Gross Margin = 65.91% ((Revenue TTM 456.4m - Cost of Revenue TTM 155.6m) / Revenue TTM)
Gross Margin QoQ = 70.35% (prev 73.03%)
Tobins Q-Ratio = 0.13 (Enterprise Value 1.22b / Total Assets 9.29b)
Interest Expense / Debt = 18.93% (Interest Expense 118.5m / Debt 625.9m)
Taxrate = 21.90% (26.9m / 122.8m)
NOPAT = 75.3m (EBIT 96.4m * (1 - 21.90%))
Current Ratio = 0.09 (Total Current Assets 736.3m / Total Current Liabilities 7.82b)
Debt / Equity = 0.58 (Debt 625.9m / totalStockholderEquity, last quarter 1.08b)
Debt / EBITDA = -0.56 (Net Debt -63.6m / EBITDA 114.4m)
Debt / FCF = -0.63 (Net Debt -63.6m / FCF TTM 101.2m)
Total Stockholder Equity = 965.4m (last 4 quarters mean from totalStockholderEquity)
RoA = 1.14% (Net Income 95.9m / Total Assets 9.29b)
RoE = 9.93% (Net Income TTM 95.9m / Total Stockholder Equity 965.4m)
RoCE = 7.37% (EBIT 96.4m / Capital Employed (Equity 965.4m + L.T.Debt 341.5m))
RoIC = 4.42% (NOPAT 75.3m / Invested Capital 1.70b)
WACC = 9.99% (E(1.28b)/V(1.91b) * Re(7.65%) + D(625.9m)/V(1.91b) * Rd(18.93%) * (1-Tc(0.22)))
Discount Rate = 7.65% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 42.22 | Cagr: 1.79%
[DCF] Terminal Value 67.21% ; FCFF base≈115.9m ; Y1≈101.6m ; Y5≈82.1m
[DCF] Fair Price = 41.38 (EV 1.04b - Net Debt -63.6m = Equity 1.10b / Shares 26.6m; r=9.99% [WACC]; 5y FCF grow -15.0% → 2.50% )
EPS Correlation: 64.38 | EPS CAGR: 4.10% | SUE: 2.06 | # QB: 1
Revenue Correlation: 87.93 | Revenue CAGR: 12.65% | SUE: 0.43 | # QB: 0
EPS current Quarter (2026-06-30): EPS=1.10 | Chg30d=+0.00% | Revisions=+44% | Analysts=7
EPS next Quarter (2026-09-30): EPS=1.13 | Chg30d=+0.00% | Revisions=+30% | Analysts=7
EPS current Year (2026-12-31): EPS=4.56 | Chg30d=+0.00% | Revisions=+70% | GrowthEPS=+14.6% | GrowthRev=+23.5%
EPS next Year (2027-12-31): EPS=4.89 | Chg30d=+0.00% | Revisions=+62% | GrowthEPS=+7.3% | GrowthRev=+6.2%
[Analyst] Revisions Ratio: +68% (up=22, down=3)