First Competitors
| FMBH Stock | USD 44.13 0.46 1.03% |
First Mid vs MidWestOne Financial Correlation
Very poor diversification
The correlation between First Mid Illinois and MOFG is 0.86 (i.e., Very poor diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding First Mid Illinois and MOFG in the same portfolio, assuming nothing else is changed.
Moving together with First Stock
| 0.82 | BIRG | Bank of Ireland | PairCorr |
| 0.86 | AX | Axos Financial | PairCorr |
| 0.7 | VABK | Virginia National | PairCorr |
| 0.77 | FFIN | First Financial Bank Normal Trading | PairCorr |
Moving against First Stock
The First Mid's current Return On Equity is estimated to increase to 0.11, while Return On Tangible Assets are projected to decrease to 0.01. As of now, First Mid's Intangible Assets are increasing as compared to previous years. The First Mid's current Debt To Assets is estimated to increase to 0.08, while Non Current Assets Total are projected to decrease to under 326.6 M.First Mid Competition Correlation Matrix
Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between First Mid and its competitors represents the degree of relationship between the price movements of corresponding stocks. A correlation of about +1.0 implies that the price of First and its corresponding peer move in tandem. A correlation of -1.0 means that prices move in opposite directions. A correlation of close to zero suggests that the price movements of assets are uncorrelated; in other words, the historical price movement of First Mid Illinois does not affect the price movement of the other competitor.
Risk-Adjusted Indicators
There is a big difference between First Stock performing well and First Mid Company doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze First Mid's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.| Mean Deviation | Jensen Alpha | Sortino Ratio | Treynor Ratio | Semi Deviation | Expected Shortfall | Potential Upside | Value @Risk | Maximum Drawdown | ||
|---|---|---|---|---|---|---|---|---|---|---|
| SBSI | 1.01 | 0.26 | 0.15 | 3.96 | 0.82 | 2.83 | 8.89 | |||
| UVSP | 1.22 | 0.21 | 0.17 | 0.30 | 0.95 | 3.67 | 9.31 | |||
| TMP | 1.33 | 0.38 | 0.21 | 0.91 | 1.22 | 3.87 | 10.36 | |||
| AMAL | 1.50 | 0.56 | 0.39 | 0.54 | 0.95 | 3.73 | 8.01 | |||
| BHRB | 1.18 | 0.19 | 0.10 | 0.32 | 1.42 | 3.16 | 9.50 | |||
| HAFC | 1.28 | 0.08 | 0.01 | 0.38 | 2.32 | 3.23 | 18.20 | |||
| DCOM | 1.39 | 0.41 | 0.28 | 0.42 | 1.04 | 3.94 | 11.73 | |||
| FSUN | 1.58 | 0.23 | 0.10 | 0.34 | 1.90 | 3.49 | 10.98 | |||
| BFST | 1.22 | 0.21 | 0.17 | 0.33 | 0.98 | 2.72 | 8.85 | |||
| MOFG | 1.38 | 0.31 | 0.22 | 0.40 | 1.09 | 3.39 | 13.04 |
Cross Equities Net Income Analysis
Compare First Mid Illinois and related stocks such as Southside Bancshares, Univest Pennsylvania, and Tompkins Financial Net Income Over Time
Select Fundamental| 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| SBSI | 4.5 M | 39.1 M | 34.7 M | 41.2 M | 20.8 M | 44 M | 49.3 M | 54.3 M | 74.1 M | 74.6 M | 82.2 M | 113.4 M | 105 M | 86.7 M | 88.5 M | 69.2 M | 43.6 M |
| UVSP | 10.1 M | 18.9 M | 20.9 M | 21.2 M | 22.2 M | 27.3 M | 19.5 M | 44.1 M | 50.5 M | 65.7 M | 46.9 M | 91.8 M | 78.1 M | 71.1 M | 75.9 M | 90.8 M | 95.3 M |
| TMP | 3.3 M | 35.4 M | 31.3 M | 50.9 M | 52 M | 58.4 M | 59.3 M | 52.5 M | 82.3 M | 81.7 M | 77.6 M | 89.3 M | 85 M | 9.5 M | 70.8 M | 161.1 M | 169.1 M |
| AMAL | (11.8 M) | (11.8 M) | (11.8 M) | (11.8 M) | (11.8 M) | 19.5 M | 10.6 M | 6.1 M | 44.7 M | 47.2 M | 46.2 M | 52.9 M | 81.5 M | 88 M | 106.4 M | 104.4 M | 54.6 M |
| BHRB | 12 M | 33.7 M | 33.7 M | 33.7 M | 33.7 M | 30.9 M | 27.2 M | 27.8 M | 34.4 M | 17 M | 26.5 M | 36.2 M | 44 M | 22.7 M | 35.7 M | 117.3 M | 123.2 M |
| HAFC | 12 M | 28.1 M | 90.3 M | 39.9 M | 49.8 M | 53.8 M | 56.5 M | 54.7 M | 57.9 M | 32.8 M | 42.2 M | 98.7 M | 101.4 M | 80 M | 62.2 M | 76.1 M | 79.9 M |
| DCOM | 12.3 M | 47.3 M | 40.3 M | 43.5 M | 44.2 M | 44.8 M | 72.5 M | 51.9 M | 51.3 M | 36.2 M | 42.3 M | 104 M | 152.6 M | 96.1 M | 29.1 M | 110.7 M | 116.2 M |
| BFST | 3.8 M | 3.8 M | 3.8 M | 4.3 M | 4 M | 4.1 M | 5.1 M | 4.8 M | 14.1 M | 23.8 M | 30 M | 52.1 M | 54.3 M | 71 M | 65.1 M | 87.9 M | 92.3 M |
| MOFG | 2.8 M | 13.3 M | 16.5 M | 18.6 M | 18.5 M | 25.1 M | 20.4 M | 18.7 M | 30.4 M | 43.6 M | 6.6 M | 69.5 M | 60.8 M | 20.9 M | (60.3 M) | (69.3 M) | (65.9 M) |
First Mid Illinois and related stocks such as Southside Bancshares, Univest Pennsylvania, and Tompkins Financial Net Income description
Net income is one of the most important fundamental items in finance. It plays a large role in First Mid Illinois financial statement analysis. It represents the amount of money remaining after all of First Mid Illinois operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.First Mid Competitive Analysis
The better you understand First Mid competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, First Mid's competitive analysis can cover a whole range of metrics. Some of these will be more critical depending on who you are as an investor and how you react to market volatility. However, if you are locking your investment sandscape to a long-term horizon, comparing the fundamental indicator across First Mid's competition over several years is one of the best ways to analyze its investment potential.| Better Than Average | Worse Than Peers | View Performance Chart |
First Mid Competition Performance Charts
Five steps to successful analysis of First Mid Competition
First Mid's competitive analysis is the process of researching and evaluating its competitive landscape. It provides an understanding of the strengths, weaknesses, opportunities, and threats (SWOT) faced by First Mid Illinois in relation to its competition. First Mid's competition analysis typically involves several steps, including:- Identifying the key players in the market: This involves identifying the major competitors of First Mid in the market, both direct and indirect, as well as new entrants and disruptive technologies.
- Assessing the strengths and weaknesses of each competitor: This involves evaluating each competitor's strengths and weaknesses in areas such as product offerings, market share, brand recognition, financial performance, and distribution channels.
- Understanding the competitive environment: This involves evaluating the regulatory environment, economic conditions, and other factors that may impact First Mid's competitive landscape.
- Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to First Mid Illinois, and developing a strategy to address them.
- Evaluating the competitive landscape: This involves understanding the competitive dynamics of the market, such as pricing, marketing, and distribution strategies, as well as analyzing the competitive advantage of each competitor.
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Check out First Mid Correlation with its peers. You can also try the Technical Analysis module to check basic technical indicators and analysis based on most latest market data.
Is there potential for Regional Banks market expansion? Will First introduce new products? Factors like these will boost the valuation of First Mid. Market participants price First higher when confident in its future expansion prospects. Understanding fair value requires weighing current performance against future potential. 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 0.238 | Dividend Share 0.98 | Earnings Share 3.8 | Revenue Per Share | Quarterly Revenue Growth 0.051 |
First Mid Illinois's market price often diverges from its book value, the accounting figure shown on First's balance sheet. Smart investors calculate First Mid's intrinsic value - its true economic worth - which may differ significantly from both market price and book value. Analysts utilize numerous techniques to assess fundamental value, seeking to purchase shares when trading prices fall beneath estimated intrinsic worth. Since First Mid's trading price responds to investor sentiment, macroeconomic conditions, and market psychology, it can swing far from fundamental 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.