First Mid Net Worth
First Mid Net Worth Breakdown | FMBH |
First Mid Net Worth Analysis
First Mid's net worth analysis, or its valuation, is the process of determining the total value of the company. This involves assessing a range of factors, including First Mid's financial performance, assets, liabilities, and potential for growth. The ultimate goal is to provide a clear understanding of First Mid's overall worth, which can help investors make informed investment decisions. There are several methods that can be used to perform First Mid's net worth analysis. One common approach is to calculate First Mid's market capitalization.Another approach is to use the price-to-earnings ratio (P/E ratio), which compares First Mid's stock price to its earnings per share (EPS). Discounted cash flow (DCF) analysis is another popular method for assessing First Mid's net worth. This approach calculates the present value of First Mid's future cash flows, taking into account factors such as growth rate, profitability, and risk. By comparing the present value of First Mid's cash flows to its current stock price, investors can gain a better understanding of the company's overall value. Finally, investors may use comparable company analysis to evaluate First Mid's net worth. This involves comparing First Mid's financial metrics to similar companies in the same industry. By identifying companies with similar financial characteristics, investors can gain insight into First Mid's net worth relative to its peers.
Enterprise Value |
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To determine if First Mid is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding First Mid's net worth research are outlined below:
| First Mid Illinois generated a negative expected return over the last 90 days | |
| First Mid Illinois has a frail financial position based on the latest SEC disclosures | |
| About 15.0% of the company shares are held by company insiders | |
| On 29th of November 2024 First Mid paid $ 0.24 per share dividend to its current shareholders | |
| Latest headline from zacks.com: Earnings Preview First Mid Bancshares Q4 Earnings Expected to Decline |
First Mid Quarterly Good Will |
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First Mid uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in First Mid Illinois. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to First Mid's previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
| 24th of April 2024 Upcoming Quarterly Report | View | |
| 25th of July 2024 Next Financial Report | View | |
| 31st of March 2024 Next Fiscal Quarter End | View | |
| 23rd of January 2025 Next Fiscal Year End | View | |
| 31st of December 2023 Last Quarter Report | View | |
| 31st of December 2023 Last Financial Announcement | View |
First Mid Target Price Consensus
First target price is determined by taking all analyst projections and averaging them out. There is no one specific way to measure analysts' performance other than comparing it to past results via a very sophisticated attribution analysis. First Mid's target price projections below should be used in combination with other traditional price prediction techniques such as stock price forecasting, investor sentiment analysis, technical analysis, earnings estimate, and various momentum models.
| 7 | Buy |
Most First analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to help potential investors understand First stock's fair price compared to its market value. Analysts arrive at stock ratings after researching the public financial statements of First Mid Illinois, talking to its executives and customers, or listening to those companies' conference calls.
Macroaxis Advice Exposure ValuationFirst Mid Target Price Projection
First Mid's current and average target prices are 36.70 and 45.86, respectively. The current price of First Mid is the price at which First Mid Illinois is currently trading. On the other hand, First Mid's target price is what analysts think the stock is worth or could sell for in the future. The more significant the discrepancy between the two prices, the more it stimulates investors to act.Current Price
First Mid Market Quote on 20th of January 2025
Target Price
Analyst Consensus On First Mid Target Price
Know First Mid's Top Institutional Investors
Have you ever been surprised when a price of an equity instrument such as First Mid is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading First Mid Illinois backward and forwards among themselves. First Mid's institutional investor refers to the entity that pools money to purchase First Mid's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Northern Trust Corp | 2024-09-30 | 211.1 K | Kennedy Capital Management Inc | 2024-09-30 | 177.7 K | Charles Schwab Investment Management Inc | 2024-09-30 | 175.3 K | Jpmorgan Chase & Co | 2024-09-30 | 133.1 K | Siena Capital Management, Llc | 2024-09-30 | 128.4 K | Deprince Race & Zollo Inc | 2024-09-30 | 123.7 K | Goldman Sachs Group Inc | 2024-09-30 | 113.4 K | Bridgeway Capital Management, Llc | 2024-09-30 | 111.6 K | Creative Planning Inc | 2024-09-30 | 100.5 K | Blackrock Inc | 2024-09-30 | 1.9 M | Vanguard Group Inc | 2024-09-30 | 1.3 M |
Follow First Mid's market capitalization trends
The company currently falls under 'Small-Cap' category with a current market capitalization of 877.56 M.Market Cap |
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Project First Mid's profitablity
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | 0.01 | 0.01 | |
| Return On Capital Employed | 0.01 | 0.01 | |
| Return On Assets | 0.01 | 0.01 | |
| Return On Equity | 0.10 | 0.11 |
When accessing First Mid's net worth, it's important to look at multiple sources and consider different scenarios. For example, gross profit margin measures First Mid's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of First Mid's profitability and make more informed investment decisions.
Evaluate First Mid's management efficiency
First Mid Illinois 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.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 32.78 | 34.42 | |
| Tangible Book Value Per Share | 21.86 | 11.21 | |
| Enterprise Value Over EBITDA | 11.61 | 8.02 | |
| Price Book Value Ratio | 1.09 | 1.42 | |
| Enterprise Value Multiple | 11.61 | 8.02 | |
| Price Fair Value | 1.09 | 1.42 | |
| Enterprise Value | 925.7 M | 972 M |
First Mid's management has consistently demonstrated strong leadership, driving both financial growth and operational excellence. By analyzing current market trends and future growth opportunities, we assess the stock's true value and potential for investors.
Enterprise Value Revenue 3.9671 | Revenue | Quarterly Revenue Growth 0.173 | Revenue Per Share | Return On Equity |
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific First Mid insiders, such as employees or executives, is commonly permitted as long as it does not rely on First Mid's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases First Mid insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
First Mid Corporate Filings
F4 | 14th of January 2025 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
10Q | 8th of November 2024 Quarterly performance report mandated by Securities and Exchange Commission (SEC), to be filed by publicly traded corporations | ViewVerify |
F3 | 6th of November 2024 The report used by insiders such as officers, directors, and major shareholders (beneficial owners holding more than 10% of any class of the company's equity securities) to declare their ownership of a company's stock | ViewVerify |
8K | 1st of November 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
First Mid Earnings Estimation Breakdown
The calculation of First Mid's earning per share is based on the data from the past 12 consecutive months, used for reporting the company's financial figures. The next projected EPS of First Mid is estimated to be 0.85 with the future projection ranging from a low of 0.8525 to a high of 0.875. Please be aware that this consensus of annual earnings estimates for First Mid Illinois is based on EPS before non-recurring items and includes expenses related to employee stock options.Last Reported EPS
0.85 Lowest | Expected EPS | 0.88 Highest |
First Mid Earnings Projection Consensus
Suppose the current estimates of First Mid's value are higher than the current market price of the First Mid stock. In this case, investors may conclude that First Mid is overpriced and will exhibit bullish sentiment. On the other hand, if the present value is lower than the stock price, analysts may conclude that the market undervalues the equity. These scenarios may suggest that the market is not as efficient as it should be at the estimation time, and First Mid's stock will quickly adjusts to the new information provided by the consensus estimate.
| Number of Analysts | Historical Accuracy | Last Reported EPS | Estimated EPS for 31st of December 2024 | Current EPS (TTM) | |
| 6 | 92.08% | 0.81 | 0.85 | 3.24 |
First Mid Earnings per Share Projection vs Actual
Actual Earning per Share of First Mid refers to what the company shows during its earnings calls or quarterly reports. The Expected EPS is what analysts covering First Mid Illinois predict the company's earnings will be in the future. The higher the earnings per share of First Mid, the better is its profitability. While calculating the Earning per Share, we use the weighted ratio, as the number of shares outstanding can change over time.First Mid Estimated Months Earnings per Share
For an investor who is primarily interested in generating an income out of investing in entities such as First Mid, the EPS ratio can tell if the company is intending to increase its current dividend. Although EPS is an essential tool for investors, it should not be used in isolation. EPS of First Mid should always be considered in relation to other companies to make a more educated investment decision.First Quarterly Analyst Estimates and Surprise Metrics
Earnings surprises can significantly impact First Mid's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
| Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
|---|---|---|---|---|---|---|---|
2024-10-28 | 2024-09-30 | 0.84 | 0.81 | -0.03 | 3 | ||
2024-08-01 | 2024-06-30 | 0.79 | 0.82 | 0.03 | 3 | ||
2024-04-24 | 2024-03-31 | 0.85 | 0.86 | 0.01 | 1 | ||
2024-01-25 | 2023-12-31 | 0.84 | 0.76 | -0.08 | 9 | ||
2023-10-26 | 2023-09-30 | 0.67 | 0.53 | -0.14 | 20 | ||
2023-07-27 | 2023-06-30 | 0.73 | 0.8 | 0.07 | 9 | ||
2023-04-26 | 2023-03-31 | 0.86 | 0.93 | 0.07 | 8 | ||
2023-01-26 | 2022-12-31 | 0.95 | 1.01 | 0.06 | 6 | ||
2022-10-27 | 2022-09-30 | 0.94 | 0.88 | -0.06 | 6 | ||
2022-07-28 | 2022-06-30 | 0.9 | 0.86 | -0.04 | 4 | ||
2022-04-27 | 2022-03-31 | 0.81 | 0.92 | 0.11 | 13 | ||
2022-01-27 | 2021-12-31 | 0.91 | 0.93 | 0.02 | 2 | ||
2021-10-28 | 2021-09-30 | 0.91 | 1.08 | 0.17 | 18 | ||
2021-07-29 | 2021-06-30 | 0.76 | 0.72 | -0.04 | 5 | ||
2021-04-28 | 2021-03-31 | 0.44 | 0.76 | 0.32 | 72 | ||
2021-01-28 | 2020-12-31 | 0.72 | 0.81 | 0.09 | 12 | ||
2020-10-29 | 2020-09-30 | 0.62 | 0.69 | 0.07 | 11 | ||
2020-07-30 | 2020-06-30 | 0.45 | 0.6 | 0.15 | 33 | ||
2020-04-30 | 2020-03-31 | 0.63 | 0.6 | -0.03 | 4 | ||
2020-01-23 | 2019-12-31 | 0.69 | 0.72 | 0.03 | 4 | ||
2019-10-24 | 2019-09-30 | 0.71 | 0.7 | -0.01 | 1 | ||
2019-07-25 | 2019-06-30 | 0.73 | 0.66 | -0.07 | 9 | ||
2019-04-24 | 2019-03-31 | 0.72 | 0.8 | 0.08 | 11 | ||
2019-01-24 | 2018-12-31 | 0.73 | 0.62 | -0.11 | 15 | ||
2018-10-25 | 2018-09-30 | 0.67 | 0.74 | 0.07 | 10 | ||
2018-07-26 | 2018-06-30 | 0.65 | 0.72 | 0.07 | 10 | ||
2018-04-25 | 2018-03-31 | 0.64 | 0.66 | 0.02 | 3 | ||
2018-01-25 | 2017-12-31 | 0.59 | 0.48 | -0.11 | 18 | ||
2017-10-26 | 2017-09-30 | 0.6 | 0.61 | 0.01 | 1 | ||
2017-07-27 | 2017-06-30 | 0.56 | 0.66 | 0.1 | 17 | ||
2017-04-26 | 2017-03-31 | 0.52 | 0.5 | -0.02 | 3 | ||
2017-01-26 | 2016-12-31 | 0.52 | 0.55 | 0.03 | 5 | ||
2016-10-27 | 2016-09-30 | 0.5 | 0.51 | 0.01 | 2 | ||
2016-08-05 | 2016-06-30 | 0.51 | 0.5 | -0.01 | 1 | ||
2016-05-06 | 2016-03-31 | 0.49 | 0.49 | 0.0 | 0 | ||
2016-01-28 | 2015-12-31 | 0.43 | 0.48 | 0.05 | 11 |
First Mid Corporate Management
| 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. | Profile | |
| Megan McElwee | Senior Officer | Profile | |
| David Hiden | Senior Officer | Profile | |
| Anya Schuetz | Senior Management | Profile | |
| Rhonda Gatons | Executive Resources | Profile |
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 Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.
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 | 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.