Joseph Dively - First Mid Chairman
| FMBH Stock | USD 42.72 0.43 1.02% |
Chairman
Mr. Joseph R. Dively is Chairman of the Board, President, Chief Executive Officer of the Company. Mr. Dively has served as a director of the Company since 2004. Mr. Dively has a bachelors degree in Business from Eastern Illinois University and has also completed a Finance for Executives program through the graduate school of business at the University of Chicago. Mr. Dively has held a variety of management positions in diverse business units which included financial statement responsibilities since 1991. He served as Senior Executive Vice President of the Company and President of First Mid Bank from May 2011 to December 2013. On January 1, 2014, Mr. Dively became the Chairman of the Board of Directors and CEO of the Company. He also retained his position as President of First Mid Bank. Mr. Dively provides a wealth of institutional knowledge of the Company. Prior to his employment with the Company, Mr. Dively was Senior Vice President of Consolidated Communications Holdings, Inc., a publicly traded telecommunications holding company headquartered in Mattoon, Illinois. Mr. Dively has also served on the boards of directors of several other organizations where his duties included working with investors, executive teams and other board members. Mr. Divelys current and previous experiences also assist the Board of Directors in dealing with issues related to the Companys local communities and the Board of Directors also benefits from his perspective serving as a former executive officer of a publicly traded company. since 2013.
| Age | 65 |
| Tenure | 11 years |
| Address | 1421 Charleston Avenue, Mattoon, IL, United States, 61938 |
| Phone | 217 234 7454 |
| Web | https://www.firstmid.com |
First Mid Management Efficiency
The company has return on total asset (ROA) of 0.0101 % which means that it generated a profit of $0.0101 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.0975 %, meaning that it created $0.0975 on every $100 dollars invested by stockholders. First Mid's management efficiency ratios could be used to measure how well First Mid manages its routine affairs as well as how well it operates its assets and liabilities. 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 Intangibles To Total Assets is estimated to increase to 0.04, while Other Assets are forecasted to increase to (17.2 M).Similar Executives
| Found 2 records | CHAIRMAN Age | ||
| Dana Stonestreet | HomeTrust Bancshares | 70 | |
| Brian Vance | Heritage Financial | 70 | |
Management Performance
| Return On Equity | 0.0975 | ||||
| Return On Asset | 0.0101 |
First Mid Illinois Leadership Team
Elected by the shareholders, the First Mid's board of directors comprises two types of representatives: First Mid inside directors who are chosen from within the company, and outside directors, selected externally and held independent of First. The board's role is to monitor First Mid's management team and ensure that shareholders' interests are well served. First Mid's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, First Mid's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Joseph Dively, Chairman, CEO and President Chairman of First Mid-Illinois Bank and Trust N.A., CEO of First Mid-Illinois Bank and Trust N.A. and President of First Mid-Illinois Bank and Trust N.A. | ||
| Megan McElwee, Senior Officer | ||
| Eric McRae, Executive VP, Executive VP of First Mid-Illinois Bank and Trust, N.A. and Sr. Lender of First Mid-Illinois Bank and Trust, N.A. | ||
| David Hiden, Senior Officer | ||
| Laurel Allenbaugh, Executive VP and President of Mid-Illinois Data Services Inc, Chief Operations Officer of First Mid Bank and Executive VP of First Mid Bank | ||
| Anya Schuetz, Senior Management | ||
| Rhonda Gatons, Executive Resources | ||
| Clay Dean, Senior Vice President | ||
| Jordan Read, Senior Officer | ||
| Bradley Beesley, Executive Vice President& Chief Trust and Wealth Management Officer | ||
| Michael Taylor, CFO, Sr. Executive VP, CFO of First Mid-Illinois Bank and Trust N.A. and Sr. Executive VP of First Mid-Illinoisbank and Trust | ||
| Jeremy Frieburg, Executive Officer | ||
| Aaron Holt, Corporate Secretary | ||
| Jason Crowder, SVP Counsel | ||
| Amanda Lewis, Senior Vice President | ||
| Matthew CPA, Executive CFO |
First Stock Performance Indicators
The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is First Mid a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.
| Return On Equity | 0.0975 | ||||
| Return On Asset | 0.0101 | ||||
| Profit Margin | 0.25 % | ||||
| Operating Margin | 0.37 % | ||||
| Current Valuation | 1.41 B | ||||
| Shares Outstanding | 23.91 M | ||||
| Shares Owned By Insiders | 16.46 % | ||||
| Shares Owned By Institutions | 44.25 % | ||||
| Number Of Shares Shorted | 141.45 K | ||||
| Price To Earning | 14.51 X |
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 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. You can also try the Insider Screener module to find insiders across different sectors to evaluate their impact on performance.
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.