First Mid Illinois Stock Analysis

FMBH Stock  USD 43.84  0.36  0.83%   
Below is the normalized historical share price chart for First Mid Illinois extending back to August 10, 1994. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of First Mid stands at 43.84, as last reported on the 21st of February, with the highest price reaching 43.94 and the lowest price hitting 42.67 during the day.
IPO Date
16th of March 1999
200 Day MA
38.5292
50 Day MA
41.439
Beta
0.895
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
 
Interest Hikes
First Mid Illinois has over 551.18 Million in debt which may indicate that it relies heavily on debt financing. As of now, First Mid's Short and Long Term Debt is decreasing as compared to previous years. The First Mid's current Net Debt To EBITDA is estimated to increase to 2.79, while Short Term Debt is projected to decrease to under 142 M. With a high degree of financial leverage come high-interest payments, which usually reduce First Mid's Earnings Per Share (EPS).

Asset vs Debt

Equity vs Debt

First Mid's liquidity is one of the most fundamental aspects of both its future profitability and its ability to meet different types of ongoing financial obligations. First Mid's cash, liquid assets, total liabilities, and shareholder equity can be utilized to evaluate how much leverage the Company is using to sustain its current operations. For traders, higher-leverage indicators usually imply a higher risk to shareholders. In addition, it helps First Stock's retail investors understand whether an upcoming fall or rise in the market will negatively affect First Mid's stakeholders.
For many companies, including First Mid, marketable securities, inventories, and receivables are the most common assets that could be converted to cash. However, for First Mid Illinois, the most critical issue when managing liquidity is ensuring that current assets are properly aligned with current liabilities. If they are not, First Mid's management will need to obtain alternative financing to ensure there are always enough cash equivalents on the balance sheet to meet obligations.
Price Book
1.0834
Price Sales
3.1001
Shares Float
21.4 M
Dividend Share
0.98
Wall Street Target Price
48
As of now, First Mid's Liabilities And Stockholders Equity is increasing as compared to previous years. The First Mid's current Other Stockholder Equity is estimated to increase to about 1 B, while Treasury Stock is projected to decrease to (22 M). . As of now, First Mid's Price To Book Ratio is increasing as compared to previous years. The First Mid's current Price Cash Flow Ratio is estimated to increase to 14.43, while Price To Sales Ratio is projected to decrease to 1.82.
First Mid Illinois is undervalued with Real Value of 48.95 and Target Price of 48.0. The main objective of First Mid stock analysis is to determine its intrinsic value, which is an estimate of what First Mid Illinois is worth, separate from its market price. There are two main types of First Mid's stock analysis: fundamental analysis and technical analysis.
The First Mid stock is traded in the USA on NASDAQ Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in the USA. Here, you can get updates on important government artifacts, including earning estimates, SEC corporate filings, announcements, and First Mid's ongoing operational relationships across important fundamental and technical indicators.
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.

First Stock Analysis Notes

About 50.0% of the company shares are owned by institutional investors. The company has price-to-book (P/B) ratio of 1.08. Some equities with similar Price to Book (P/B) outperform the market in the long run. First Mid Illinois has Price/Earnings To Growth (PEG) ratio of 1.88. The entity last dividend was issued on the 12th of February 2026. The firm had 3:2 split on the 2nd of July 2007. First Mid Bancshares, Inc., a financial holding company, provides community banking products and services to commercial, retail, and agricultural customers in the United States. First Mid Bancshares, Inc. was founded in 1865 and is headquartered in Mattoon, Illinois. First Mid operates under BanksRegional classification in the United States and is traded on NASDAQ Exchange. It employs 1025 people. To learn more about First Mid Illinois call Joseph Dively at 217 234 7454 or check out https://www.firstmid.com.

First Mid Quarterly Total Revenue

117.58 Million

First Mid Illinois Investment Alerts

First Mid Illinois has a frail financial position based on the latest SEC disclosures
Latest headline from news.google.com: Endeavour Capital Advisors Inc. Reduces Position in First Mid Bancshares, Inc. FMBH - MarketBeat

First Largest EPS Surprises

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
2016-01-28
2015-12-310.430.480.0511 
2020-10-29
2020-09-300.620.690.0711 
2018-07-26
2018-06-300.650.720.0710 
View All Earnings Estimates

First Mid Environmental, Social, and Governance (ESG) Scores

First Mid's ESG score is a quantitative measure that evaluates First Mid's performance and commitment regarding environmental, social, and governance (ESG) factors. These scores are becoming increasingly crucial in investment decision-making processes, providing insights into non-financial aspects of First Mid's operations that may have significant financial implications and affect First Mid's stock price as well as guide investors towards more socially responsible investments.

First Stock Institutional Investors

Shares
Manufacturers Life Insurance Co2025-06-30
213.8 K
Charles Schwab Investment Management Inc2025-06-30
165.5 K
Gendell Jeffrey L2025-06-30
137.5 K
Bridgeway Capital Management, Llc2025-06-30
130.6 K
Goldman Sachs Group Inc2025-06-30
129.5 K
Siena Capital Management, Llc2025-06-30
128.4 K
Bank Of New York Mellon Corp2025-06-30
120.5 K
Aqr Capital Management Llc2025-06-30
114.8 K
Deprince Race & Zollo Inc2025-06-30
107.4 K
Blackrock Inc2025-06-30
M
Vanguard Group Inc2025-06-30
1.3 M
Note, although First Mid's institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

First Market Capitalization

The company currently falls under 'Mid-Cap' category with a current market capitalization of 1.05 B.

First Profitablity

The company has Profit Margin (PM) of 0.27 %, which maeans that even a very small decline in it revenue will erase profits resulting in a net loss. This is way below average. Similarly, it shows Operating Margin (OM) of 0.4 %, which suggests for every 100 dollars of sales, it generated a net operating income of $0.4.
Last ReportedProjected for Next Year
Return On Tangible Assets 0.01  0.01 
Return On Capital Employed 0.04  0.04 
Return On Assets 0.01  0.01 
Return On Equity 0.10  0.11 

Management Efficiency

First Mid Illinois has return on total asset (ROA) of 0.0118 % which means that it generated a profit of $0.0118 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.1017 %, meaning that it created $0.1017 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 Debt To Assets is estimated to increase to 0.08, while Non Current Assets Total are projected to decrease to under 326.6 M.
Last ReportedProjected for Next Year
Book Value Per Share 40.16  42.17 
Tangible Book Value Per Share 29.56  31.04 
Enterprise Value Over EBITDA 10.49  8.51 
Price Book Value Ratio 0.97  1.40 
Enterprise Value Multiple 10.49  8.51 
Price Fair Value 0.97  1.40 
Enterprise Value237.4 M249.3 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.
Dividend Yield
0.0225
Operating Margin
0.3958
Profit Margin
0.2704
Forward Dividend Yield
0.023
Beta
0.895

Technical Drivers

As of the 21st of February, First Mid shows the Downside Deviation of 1.3, coefficient of variation of 616.76, and Mean Deviation of 1.24. First Mid Illinois technical analysis allows you to utilize historical prices and volume patterns in order to determine a pattern that computes the direction of the firm's future prices.

First Mid Illinois Price Movement Analysis

The output start index for this execution was nine with a total number of output elements of fifty-two. The Simple Moving Average indicator is calculated by adding the closing price of First Mid for a given number of time periods and then dividing this total by the number of time periods. It is used to smooth out First Mid Illinois short-term fluctuations and highlight longer-term trends or cycles.

First Mid Illinois Insider Trading Activities

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 Outstanding Bonds

First Mid issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. First Mid Illinois uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most First bonds can be classified according to their maturity, which is the date when First Mid Illinois has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.

First Mid Predictive Daily Indicators

First Mid intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of First Mid stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.

First Mid Corporate Filings

20th of February 2026
Other Reports
ViewVerify
F4
18th of February 2026
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
F4
5th of February 2026
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
F4
3rd of February 2026
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
29th of January 2026
Other Reports
ViewVerify
16th of January 2026
Other Reports
ViewVerify
14th of January 2026
Other Reports
ViewVerify
F4
6th of January 2026
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

First Mid Forecast Models

First Mid's time-series forecasting models are one of many First Mid's stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary First Mid's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

First Mid Bond Ratings

First Mid Illinois financial ratings play a critical role in determining how much First Mid have to pay to access credit markets, i.e., the amount of interest on their issued debt. The threshold between investment-grade and speculative-grade ratings has important market implications for First Mid's borrowing costs.
Piotroski F Score
3
FrailView
Beneish M Score
(2.54)
Unlikely ManipulatorView

First Mid Illinois Debt to Cash Allocation

As First Mid Illinois follows its natural business cycle, the capital allocation decisions will not magically go away. First Mid's decision-makers have to determine if most of the cash flows will be poured back into or reinvested in the business, reserved for other projects beyond operational needs, or paid back to stakeholders and investors.
First Mid Illinois currently holds 551.18 M in liabilities with Debt to Equity (D/E) ratio of 9.31, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Note, when we think about First Mid's use of debt, we should always consider it together with its cash and equity.

First Mid Total Assets Over Time

First Mid Assets Financed by Debt

The debt-to-assets ratio shows the degree to which First Mid uses debt to finance its assets. It includes both long-term and short-term borrowings maturing within one year. It also includes both tangible and intangible assets, such as goodwill.

First Mid Debt Ratio

    
  7.94   
It feels like most of the First Mid's assets are financed through equity. Typically, companies with high debt-to-asset ratios are said to be highly leveraged. The higher the ratio, the greater risk will be associated with the First Mid's operation. In addition, a high debt-to-assets ratio may indicate a low borrowing capacity of First Mid, which in turn will lower the firm's financial flexibility.

First Mid Corporate Bonds Issued

Most First bonds can be classified according to their maturity, which is the date when First Mid Illinois has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.

First Short Long Term Debt Total

Short Long Term Debt Total

578.74 Million

As of now, First Mid's Short and Long Term Debt Total is increasing as compared to previous years.

About First Stock Analysis

Stock analysis is the technique used by a trader or investor to examine and evaluate how First Mid prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling First shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as First Mid. By using and applying First Stock analysis, traders can create a robust methodology for identifying First entry and exit points for their positions.
Last ReportedProjected for Next Year
Pretax Profit Margin 0.25  0.22 
Operating Profit Margin 0.25  0.22 
Net Profit Margin 0.20  0.14 
Gross Profit Margin 0.73  0.54 

Current First Analysis - Recommendations

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. First analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. First analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.
Target PriceConsensus# of Analysts
48.0Buy7Odds
First Mid Illinois current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most First analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand First stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of First Mid Illinois, talking to its executives and customers, or listening to First conference calls.
First Analyst Advice Details

First Stock Analysis Indicators

First Mid Illinois stock analysis indicators help investors evaluate how First Mid stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing and determine when trading First Mid shares will generate the highest return on investment. By understating and applying First Mid stock analysis, traders can identify First Mid position entry and exit signals to maximize returns.
Begin Period Cash Flow143.1 M
Common Stock Shares Outstanding24 M
Total Stockholder Equity958.7 M
Total Cashflows From Investing Activities-7.5 M
Quarterly Earnings Growth Y O Y0.238
Property Plant And Equipment Net90.8 M
Cash And Short Term Investments1.3 B
Cash254.9 M
Net Debt296.3 M
50 Day M A41.439
Total Current Liabilities4.8 B
Other Operating Expenses349 M
Non Current Assets Total343.8 M
Forward Price Earnings12.0482
Stock Based Compensation2.4 M

Complementary Tools for First Stock analysis

When running First Mid's price analysis, check to measure First Mid's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy First Mid is operating at the current time. Most of First Mid's value examination focuses on studying past and present price action to predict the probability of First Mid's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move First Mid's price. Additionally, you may evaluate how the addition of First Mid to your portfolios can decrease your overall portfolio volatility.
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