First Mid Bancshares Inc - Understand $fmbh stock

$FMBH Market Cap: $993.3 Million

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Financial Snapshot

Revenue

$267.5M

TTM

Gross Margin

Net Earnings

$77.80M

TTM

Current Assets

Current Liabilities

$204.3M

Q3 2024

Current Ratio

Total Assets

$7.562B

Q3 2024

Total Liabilities

$6.704B

Q3 2024

Book Value

$858.5M

Q3 2024

Cash

$164.2M

Q3 2024

P/E

12.77

Nov 14, 2024 EST

Free Cash Flow

$78.66M

TTM

Revenues

Revenue YoY Change

Revenues

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003	2002	2001	2000
Revenue	$300.2M	$215.9M	$183.0M	$144.1M	$149.7M	$124.6M	$99.56M	$75.50M	$59.25M	$54.73M	$53.46M	$55.77M	$56.77M	$50.88M
YoY Change	39.04%	17.96%	26.97%	-3.73%	20.2%	25.12%	31.87%	27.42%	8.25%	2.39%	-4.14%	-1.77%	11.57%

Expenses

Cost Of Revenues

Gross Profit

Gross Profit Margin

Gross Profit

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010
Revenue	$300.2M	$215.9M	$183.0M	$144.1M	$149.7M	$124.6M	$99.56M	$75.50M	$59.25M	$54.73M	$53.46M	$55.77M	$56.77M	$50.88M
Cost Of Revenue
Gross Profit
Gross Profit Margin

Selling, General & Admin Expense

Research & Development

Depreciation, Depletion & Amortization

SGA Expense to Gross Profit Ratio

R&D To Gross Profit Ratio

DDA To Gross Profit Ratio

Operating Expenses Total

Operating Profits/Loss

Operational Expenses

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003	2002	2001	2000
Selling, General & Admin
YoY Change
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$5.000M	$4.900M	$4.400M	$3.800M	$3.600M	$3.000M	$2.700M	$2.495M	$2.196M	$2.404M	$2.489M	$2.530M	$2.452M	$1.800M	$3.070M	$2.230M	$1.850M	$1.670M	$1.490M	$2.450M	$3.100M	$3.170M	$3.200M	$2.890M
YoY Change	2.04%	11.36%	15.79%	5.56%	20.0%	11.11%	8.22%	13.62%	-8.65%	-3.42%	-1.62%	3.18%	36.22%	-41.37%	37.67%	20.54%	10.78%	12.08%	-39.18%	-20.97%	-2.21%	-0.94%	10.73%
% of Gross Profit
Operating Expenses
YoY Change
Operating Profit
YoY Change

Interest Expenses

Interest Expenses To Operating Income %

Other Expense/Income

Interest & Other Expense/Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010
Interest Expense	$106.7M	$31.61M	$15.26M	$16.73M	$24.05M	$12.83M	$6.482M	$4.292M	$3.499M	$3.252M	$3.535M	$6.157M	$8.504M	$10.76M
YoY Change	237.52%	107.14%	-8.77%	-30.43%	87.47%	97.89%	51.03%	22.66%	7.6%	-8.01%	-42.59%	-27.6%	-20.94%
% of Operating Profit
Other Income/Expense, Net
YoY Change

Income/Loss

Pretax Income

Income Tax

Net Profits/Loss

Pretax Income YoY Change

Income Tax Rate

Net Profits/Loss YoY Change

Basic EPS

Net Income To Revenue Ratio

Pretax & Net Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003	2002	2001	2000
Pretax Income	$88.41M	$91.29M	$66.80M	$59.74M	$63.27M	$48.51M	$41.73M	$33.78M	$25.73M	$24.72M	$23.57M	$22.44M	$17.90M	$13.28M	$12.20M	$16.00M	$15.20M	$15.00M	$14.90M	$14.30M	$13.80M	$12.00M	$9.600M	$7.700M
YoY Change	-3.16%	36.66%	11.81%	-5.57%	30.43%	16.25%	23.52%	31.29%	4.11%	4.87%	5.05%	25.33%	34.77%	8.88%	-23.75%	5.26%	1.33%	0.67%	4.2%	3.62%	15.0%	25.0%	24.68%
Income Tax	$19.47M	$18.34M	$15.30M	$14.47M	$15.32M	$11.91M	$15.04M	$11.94M	$9.218M	$9.254M	$8.846M	$8.410M	$6.529M	$4.522M	$4.000M	$5.400M	$5.100M	$5.000M	$5.100M	$4.500M	$4.700M	$4.000M	$3.000M	$2.000M
% Of Pretax Income	22.02%	20.09%	22.9%	24.22%	24.22%	24.54%	36.05%	35.35%	35.83%	37.44%	37.53%	37.49%	36.47%	34.04%	32.79%	33.75%	33.55%	33.33%	34.23%	31.47%	34.06%	33.33%	31.25%	25.97%
Net Earnings	$68.94M	$72.95M	$51.49M	$45.27M	$47.94M	$36.60M	$26.68M	$21.84M	$16.51M	$15.46M	$14.72M	$14.03M	$11.37M	$8.761M	$8.200M	$10.50M	$10.20M	$10.00M	$9.800M	$9.800M	$9.100M	$8.000M	$6.500M	$5.700M
YoY Change	-5.51%	41.68%	13.74%	-5.58%	30.99%	37.16%	22.18%	32.27%	6.8%	5.02%	4.97%	23.33%	29.8%	6.84%	-21.9%	2.94%	2.0%	2.04%	0.0%	7.69%	13.75%	23.08%	14.04%
Net Earnings / Revenue	22.97%	33.79%	28.13%	31.41%	32.02%	29.38%	26.8%	28.93%	27.87%	28.25%	27.54%	25.15%	20.03%	17.22%
Basic Earnings Per Share	$3.17	$3.62	$2.88	$2.71	$2.88	$2.53	$2.13	$2.07	$1.84	$1.88	$1.74	$1.62	$1.29	$1.07
Diluted Earnings Per Share	$3.15	$3.604M	$2.87	$2.70	$2.87	$2.52	$2.13	$2.05	$1.81	$1.85	$1.73	$1.62	$1.29	$1.07	$1.323M	$1.667M	$1.569M	$1.515M	$1.441M	$1.420M	$1.264M	$1.053M	$855.3K	$750.0K

Assets & Liabilities

Cash & Short-Term Investments

Cash & Equivalents

Cash To Operating Expenses Ratio

Inventory

Receivables

Total Short-Term Assets

Property, Plant And Equipment

Long-Term Investments

Total Long-Term Assets

Total Assets

Net Income To Total Assets Percentage

Accounts Payable

Short-Term Debt

Long Term Debt Due

Total Short-Term Liabilities

Long-Term Debt

Other Long-Term Liabilities

Total Long-Term Liabilities

Total Liabilities

Short-Term To Long-Term Debt Ratio

Short-Term Assets To Debt Ratio

Long-Term Debt To Net Income Ratio

Assets & Liabilities

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003	2002	2001	2000
Cash & Short-Term Investments
YoY Change
Cash & Equivalents
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets
YoY Change
Property, Plant & Equipment	$101.4M	$90.47M	$96.60M	$75.40M	$76.50M	$59.10M	$38.30M	$40.30M	$31.30M	$27.40M	$28.60M	$29.70M	$30.70M	$28.50M	$15.50M	$15.00M	$15.50M	$16.30M	$15.20M	$15.20M	$16.10M	$16.90M	$16.70M	$15.40M
YoY Change	12.07%	-6.34%	28.12%	-1.44%	29.44%	54.31%	-4.96%	28.75%	14.23%	-4.2%	-3.7%	-3.26%	7.72%	83.87%	3.33%	-3.23%	-4.91%	7.24%	0.0%	-5.59%	-4.73%	1.2%	8.44%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets	$70.07M	$72.25M				$1.600M	$4.200M	$9.500M	$2.900M	$4.000M	$8.800M
YoY Change	-3.03%					-61.9%	-55.79%	227.59%	-27.5%	-54.55%
Total Long-Term Assets
YoY Change
Total Assets	$7.587B	$6.744B	$5.987B	$4.726B	$3.839B	$3.840B	$2.842B	$2.885B	$2.115B	$1.607B	$1.606B	$1.578B	$1.501B	$1.468B	$1.095B	$1.050B	$1.016B	$980.6M	$850.6M	$826.7M	$794.0M	$776.2M	$706.0M	$643.0M
YoY Change
Accounts Payable	$5.437M	$3.346M	$1.300M	$2.300M	$2.300M	$1.800M	$600.0K	$500.0K	$400.0K	$300.0K	$300.0K	$300.0K	$500.0K	$700.0K	$900.0K	$1.600M	$2.300M	$2.400M	$1.700M	$1.500M	$1.200M	$1.800M	$2.400M	$2.600M
YoY Change	62.49%	157.38%	-43.48%	0.0%	27.78%	200.0%	20.0%	25.0%	33.33%	0.0%	0.0%	-40.0%	-28.57%	-22.22%	-43.75%	-30.43%	-4.17%	41.18%	13.33%	25.0%	-33.33%	-25.0%	-7.69%
Accrued Expenses	$14.62M	$16.04M	$15.30M	$17.40M	$17.00M
YoY Change	-8.86%	4.8%	-12.07%	2.35%
Deferred Revenue
YoY Change
Short-Term Debt	$213.7M	$221.4M	$146.3M	$206.9M	$213.1M	$192.3M	$155.4M	$185.8M	$128.8M	$121.9M	$119.2M	$118.5M	$140.6M	$94.10M	$80.40M	$80.70M	$68.30M	$73.50M	$111.9M	$89.70M	$99.80M	$88.80M	$76.50M	$75.70M
YoY Change	-3.47%	51.34%	-29.29%	-2.91%	10.82%	23.75%	-16.36%	44.25%	5.66%	2.27%	0.59%	-15.72%	49.42%	17.04%	-0.37%	18.16%	-7.07%	-34.32%	24.75%	-10.12%	12.39%	16.08%	1.06%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities	$213.7M	$19.38M	$16.60M	$19.70M	$19.30M	$1.800M	$600.0K	$500.0K	$1.000M	$800.0K	$1.400M	$300.0K	$500.0K	$700.0K	$900.0K	$1.600M	$2.300M	$2.400M	$1.700M	$1.500M	$1.200M	$1.800M	$2.400M	$2.600M
YoY Change	1002.73%	16.75%	-15.74%	2.07%	972.22%	200.0%	20.0%	-50.0%	25.0%	-42.86%	366.67%	-40.0%	-28.57%	-22.22%	-43.75%	-30.43%	-4.17%	41.18%	13.33%	25.0%	-33.33%	-25.0%	-7.69%
Long-Term Debt	$130.8M	$113.9M	$113.6M	$113.3M	$18.90M	$36.70M	$34.30M	$42.00M	$20.60M	$20.60M	$20.60M	$20.60M	$20.60M	$20.60M	$20.60M	$33.60M	$35.10M	$31.60M	$10.30M	$10.30M	$0.00	$0.00	$0.00	$0.00
YoY Change	14.83%	0.28%	0.26%	499.47%	-48.5%	7.0%	-18.33%	103.88%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	-38.69%	-4.27%	11.08%	206.8%	0.0%
Other Long-Term Liabilities	$61.61M	$53.66M	$25.90M	$26.60M	$24.00M	$24.60M	$8.600M	$5.600M	$6.600M	$6.800M	$7.300M	$7.800M	$7.700M	$5.100M	$8.900M	$6.900M	$6.900M	$6.600M	$5.300M	$5.800M	$7.400M	$5.400M	$3.800M	$2.900M
YoY Change	14.82%	107.17%	-2.63%	10.83%	-2.44%	186.05%	53.57%	-15.15%	-2.94%	-6.85%	-6.41%	1.3%	50.98%	-42.7%	28.99%	0.0%	4.55%	24.53%	-8.62%	-21.62%	37.04%	42.11%	31.03%
Total Long-Term Liabilities	$192.4M	$167.6M	$139.5M	$139.9M	$42.90M	$61.30M	$42.90M	$47.60M	$27.20M	$27.40M	$27.90M	$28.40M	$28.30M	$25.70M	$29.50M	$40.50M	$42.00M	$38.20M	$15.60M	$16.10M	$7.400M	$5.400M	$3.800M	$2.900M
YoY Change	14.83%	20.12%	-0.29%	226.11%	-30.02%	42.89%	-9.87%	75.0%	-0.73%	-1.79%	-1.76%	0.35%	10.12%	-12.88%	-27.16%	-3.57%	9.95%	144.87%	-3.11%	117.57%	37.04%	42.11%	31.03%
Total Liabilities	$6.794B	$6.111B	$5.353B	$4.158B	$3.313B	$3.364B	$2.534B	$2.604B	$1.910B	$1.442B	$1.456B	$1.421B	$1.360B	$1.356B	$983.9M	$966.9M	$935.9M	$904.8M	$778.2M	$757.6M	$723.4M	$709.4M	$642.1M	$585.3M
YoY Change	11.17%	14.17%	28.73%	25.52%	-1.52%	32.77%	-2.7%	36.37%	32.4%	-0.95%	2.45%	4.51%	0.29%	37.82%	1.76%	3.31%	3.44%	16.27%	2.72%	4.73%	1.97%	10.48%	9.7%

Ownership

Basic Shares Outstanding

Diluted Shares Outstanding

Preferred Stock

Treasury Stock Shares

Stock Issuance & Repurchase

Ownership Data

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010
Basic Shares Outstanding	21.78M	20.17M	17.89M	16.72M	16.68M	14.49M	12.53M shares	10.15M shares	7.775M shares	6.003M shares	5.935M shares	6.023M shares	6.042M shares	6.093M shares
Diluted Shares Outstanding	21.87M	20.24M	17.94M	16.76M	16.71M	14.50M	12.54M shares	10.66M shares	9.138M shares	8.372M shares	5.945M shares	6.028M shares	6.054M shares	6.117M shares
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

Book Value

Free Cash Flow

Free Cash Flow YoY

Free Cash Flow Margin

Dividends

Stock Price

Market Cap: $993.29 Million

About First Mid Bancshares Inc

First Mid Bancshares, Inc. is a financial holding company, which engages in the provision of banking services through its subsidiaries. The company is headquartered in Mattoon, Illinois and currently employs 1,188 full-time employees. The firm is the parent company of First Mid Bank & Trust, N.A. (First Mid Bank)., Blackhawk Bank, First Mid Insurance Group, Inc. (First Mid Insurance) and First Mid Wealth Management Company. The company is engaged in the business of banking through its wholly owned subsidiary, First Mid Bank. The firm offers insurance products and services to customers through its wholly owned subsidiary, First Mid Insurance. The firm offers trust, farm services, investment services, and retirement planning through its wholly owned subsidiary, First Mid Wealth Management Company. First Mid provides a range of financial services, including banking, wealth management, brokerage, Ag services, and insurance through a network of locations throughout Illinois, Missouri, Texas, and Wisconsin and in Indianapolis area. First Mid Wealth Management Company offers services, such as retirement planning, financial planning, and investment services.

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