Stocks · Financial Services · Banks - Regional
First Mid Bancshares, Inc. FMBH
$49.67 -0.62% Close, Oct 5, 2026 · NASDAQ · Market cap $1.33B
Strong trend
Next earnings report: Oct 29, 2026
Scroll or pinch to zoom, drag to move. Daily prices adjusted for splits. Markers: E = earnings (green beat, red miss), S = split, D = dividend.
Three things to know
- The diluted share count rose 10.9% in a year.
- Operating margin narrowed to 16.2% from 24.1% a year earlier.
- Net debt is 3.4× EBITDA, a high level of leverage.
PromtFinance scores
Each score is a percentile within the Financial Services sector (0–100). Under each score: how the stock ranks in its sector on every component. As of Oct 6, 2026.
How fast revenue, earnings and cash flow are growing.
- Revenue growth (TTM, YoY)Bottom 28%
- EPS growth (TTM, YoY)Bottom 44%
- FCF growth (TTM, YoY)Bottom 35%
- Revenue growth, 3-year CAGRTop 40%
- Revenue growth accelerationBottom 38%
Returns on capital, margins, earnings quality and balance-sheet strength.
- Return on invested capitalTop 38%
- Gross marginTop 50%
- Operating marginBottom 37%
- Cash conversion (OCF / net income)Top 43%
- Accruals (lower is better)Bottom 49%
- Net debt / EBITDA (lower is better)Bottom 33%
- Interest coverBottom 31%
How cheap the shares are relative to earnings, cash flow and their own history.
- Earnings yieldTop 36%
- Free-cash-flow yieldTop 41%
- EBITDA / enterprise valueBottom 44%
- Sales / enterprise valueBottom 42%
- P/E vs own 5-year history (lower is better)Bottom 30%
Strength and persistence of the price trend, including versus the S&P 500.
- 12-month return excluding last monthTop 18%
- 6-month returnTop 21%
- 1-year return vs S&P 500Top 17%
- Distance from 52-week highTop 34%
- Trend checklist (0–4)Top 48%
Earnings surprises and analyst sentiment (estimate-revision history is being collected).
- Average EPS surprise, last 4 quartersTop 44%
- Consecutive EPS beatsTop 42%
- Share of analysts rating BuyBottom 40%
- Upside to consensus price targetBottom 34%
Low volatility, shallow drawdowns, low market sensitivity and modest leverage.
- Volatility, 60 days (lower is better)Top 38%
- Maximum drawdown, 3 yearsTop 49%
- Beta vs S&P 500 (lower is better)Bottom 44%
- Net debt / EBITDA (lower is better)Bottom 33%
What changed
Latest four quarters versus the same period a year earlier (growth: versus one quarter earlier).
| Measure | Before | Now | |
|---|---|---|---|
| Revenue growth (YoY) | 2.1% | 0.5% | ↓ |
| EPS growth (YoY) | 18.2% | 14.5% | ↓ |
| Gross margin | 71.0% | 65.2% | ↓ |
| Operating margin | 24.1% | 16.2% | ↓ |
| FCF margin | 26.7% | 27.1% | ↑ |
Fundamental momentum
| Measure | Now (TTM) | Year / quarter before | Sector rank | |
|---|---|---|---|---|
| Revenue growth (TTM, YoY) | 0.5% | 2.1% | ↓ | Bottom 28% |
| EPS growth (TTM, YoY) | 14.5% | 18.2% | ↓ | Bottom 44% |
| Gross margin | 65.2% | 71.0% | ↓ | Top 50% |
| Operating margin | 16.2% | 24.1% | ↓ | Bottom 37% |
| Net margin | 22.0% | 18.6% | ↑ | — |
| Free-cash-flow margin | 27.1% | 26.7% | ↑ | — |
| Return on invested capital | 3.3% | — | Top 38% | |
| Revenue growth, 3-year CAGR | 17.6% | — | Top 40% |
Quality of earnings and balance sheet
- Cash conversion (OCF / net income)Above 1× means profits are backed by cash.
- 1.26×
- Accruals (net income − OCF) / assetsLower is better; high accruals can signal weaker earnings quality.
- -0.3%
- Stock-based compensation / revenueA cost to shareholders through dilution.
- 0.5%
- Receivables growth vs revenue growthReceivables growing much faster than sales can be a warning.
- -52.2 pp
- Net debt / EBITDABelow 1× is conservative; above 3× is high leverage.
- 3.39×
- Interest cover (operating income / interest)How many times operating profit covers interest.
- 0.6×
Shareholder returns
- Dividend yield (dividends paid, TTM)
- 1.84%
- Net buyback yield (TTM)
- 0.02%
- Shareholder yield
- 1.86%
- Share count change, 1 year
- +10.9%
- Share count change, 3-year CAGR
- +8.9%
Shareholder yield = dividends + net buybacks over the last four quarters, divided by market cap.
Based on the four quarters through Jun 30, 2026 (filed Aug 7, 2026).
Earnings and expectations
Earnings momentum
- Consecutive EPS beats
- 2
- Beats in the last 8 reports
- 6 of 8
- Average EPS surprise, last 4
- +5.8%
- Average 2-day reaction, last 8
- -0.7%
- Positive 20 days after report
- 6 of 8
Analysts
- Consensus price target
- $54.83
- Target vs current price
- +10.4%
- Analysts with a rating
- 5
- Share rating Buy or Strong Buy
- 40%
- Consensus rating
- Hold
How the stock reacted to recent reports
| Report date | EPS surprise | 2 days | 5 days | 20 days | 60 days |
|---|---|---|---|---|---|
| Jul 23, 2026 | +20.0% | +3.2% | +8.3% | +3.3% | — |
| Apr 29, 2026 | +2.9% | -1.8% | -0.3% | +0.2% | +16.5% |
| Jan 29, 2026 | +0.0% | -1.5% | +5.2% | +1.7% | +2.4% |
| Oct 30, 2025 | +0.3% | -2.9% | +1.9% | +5.5% | +17.5% |
| Jul 24, 2025 | +7.7% | +0.1% | -1.4% | -1.2% | -10.1% |
| Apr 30, 2025 | +2.2% | -1.7% | +5.6% | +3.3% | +14.0% |
| Feb 28, 2025 | — | +1.0% | -2.8% | -4.5% | -7.3% |
| Oct 31, 2024 | -3.6% | -2.4% | +10.7% | +7.9% | -2.4% |
Returns from the close before each report. Past reactions do not determine future ones.
Earnings history
| Report date | EPS | Estimate | Surprise | Revenue |
|---|---|---|---|---|
| Jul 23, 2026 | $1.26 | $1.05 | +20.0% | $109.3M |
| Apr 29, 2026 | $1.06 | $1.03 | +2.9% | $98.5M |
| Jan 29, 2026 | $1.06 | $1.06 | +0.0% | $90.1M |
| Oct 30, 2025 | $0.97 | $0.97 | +0.3% | $92.5M |
| Jul 24, 2025 | $0.99 | $0.92 | +7.7% | $86.3M |
| Apr 30, 2025 | $0.96 | $0.94 | +2.2% | $82.4M |
| Feb 28, 2025 | $0.80 | — | — | $114.2M |
| Oct 31, 2024 | $0.81 | $0.84 | -3.6% | $78.7M |
Valuation in context
| Multiple | Now | 5-year median | 5-year percentile | Sector rank (cheapness) |
|---|---|---|---|---|
| P/E (trailing) | 12.3× | 10.6× | 76th | Top 36% |
| P/E (forward) | 11.2× | — | — | — |
| EV / EBITDA | 18.0× | — | — | Bottom 44% |
| EV / Sales | 3.60× | — | — | Bottom 42% |
| Free-cash-flow yield | 9.28% | — | — | Top 41% |
| Earnings yield | 8.11% | — | — | Top 36% |
P/E over the past five years
Range 6.2× – 16.9× since Jun 30, 2021. Each point: price on the filing date divided by trailing-twelve-month EPS known then.
What moved the stock over the past year
- Price return, 1 year
- +33.7%
- Earnings per share growth (TTM)
- +14.5%
- Change in P/E multiple
- +19.9%
Most of the move came from a change in the valuation multiple.
Technical state
Trend checklist
- ✗ Price above 20-day average
- ✗ Price above 50-day average
- ✓ Price above 200-day average
- ✓ 50-day average above 200-day
- ✓ MACD histogram positive
Trend quality
- Days above the 50-day average
- 0
- Days above the 200-day average
- 138
- 50-day average slope (20 days)
- +0.9%
- 200-day average slope (20 days)
- +2.4%
- Distance from 50-day average
- -2.1%
- Distance from 200-day average
- +10.0%
- RSI (14)
- 47.8
- Relative volume
- 1.15×
Risk and drawdowns
- Volatility, 60 days (annualized)
- 18.5%
- Volatility vs own 5-year history
- 0th percentile · Low for this stock
- Beta vs S&P 500 (2 years, weekly)
- 0.75
- Correlation with S&P 500
- 0.46
- Current drawdown from 1-year high
- -5.5%
- Maximum drawdown, 3 years
- -28.3%
Largest declines in the past six years
| From peak | To low | Decline | Length | Recovery |
|---|---|---|---|---|
| Nov 8, 2021 | May 11, 2023 | -50.7% | 378 days | 771 days (Jun 9, 2026) |
| Mar 26, 2021 | Sep 20, 2021 | -16.1% | 122 days | 34 days (Nov 5, 2021) |
| Jan 7, 2021 | Jan 27, 2021 | -11.2% | 13 days | 19 days (Feb 24, 2021) |
Declines of 10% or more from a closing high, measured on daily closes.
Financial statements
- Market cap
- $1.33B
- P/E (TTM)
- 12.3
- EPS, diluted (TTM)
- $4.03
- Revenue (TTM)
- $455.4M
- Dividend yield
- 2.03%
- 52-week range
- $34.16 – $53.36
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|
| Revenue | $249.7M | $286.3M | $381.6M | $447.3M | $466.0M |
| Gross profit | $219.3M | $249.9M | $268.8M | $313.0M | $339.3M |
| Operating income | $66.8M | $91.3M | $88.4M | $104.4M | $117.0M |
| Net income | $51.5M | $73.0M | $68.9M | $78.9M | $91.7M |
| EPS (diluted) | $2.87 | $3.60 | $3.15 | $3.30 | $3.83 |
| Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $112.3M | $114.2M | $110.6M | $115.8M | $122.3M | $117.6M | $100.6M | $114.9M |
| Net income | $19.5M | $19.2M | $22.2M | $23.4M | $22.5M | $23.7M | $26.3M | $27.8M |
| EPS (diluted) | $0.81 | $0.80 | $0.93 | $0.98 | $0.94 | $0.99 | $1.06 | $1.04 |
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|
| Operating cash flow | $69.6M | $65.8M | $72.4M | $124.4M | $130.9M |
| Capital expenditure | -$3.7M | -$5.0M | -$3.6M | -$4.9M | -$6.8M |
| Free cash flow | $65.9M | $60.8M | $68.8M | $119.5M | $124.0M |
| Dividends paid | -$14.7M | -$17.8M | -$19.6M | -$22.4M | -$23.4M |
| Net share buybacks | $1.6M | $904,000 | $539,000 | $395,000 | $396,000 |
Cash outflows are shown as negative numbers.
- Cash and short-term investments
- $1.59B
- Total assets
- $9.21B
- Total liabilities
- $8.11B
- Total debt
- $612.0M
- Net debt
- $308.1M
- Shareholders’ equity
- $1.10B
As of Jun 30, 2026 (filed Aug 7, 2026).
Dividends
| Ex-date | Amount | Paid |
|---|---|---|
| Aug 18, 2026 | $0.26 | Sep 1, 2026 |
| May 15, 2026 | $0.25 | Jun 1, 2026 |
| Feb 12, 2026 | $0.25 | Feb 27, 2026 |
| Nov 14, 2025 | $0.25 | Dec 1, 2025 |
| Aug 15, 2025 | $0.25 | Aug 29, 2025 |
| May 15, 2025 | $0.24 | May 30, 2025 |
| Feb 13, 2025 | $0.24 | Feb 28, 2025 |
| Nov 14, 2024 | $0.24 | Nov 29, 2024 |
Short interest
- Shares sold short
- 549,723
- Days to cover
- 4.98
- Change vs previous report
- -8.5%
FINRA short interest, settlement date Sep 15, 2026.
Stock splits
- Jul 2, 2007
- 3-for-2
- Jul 19, 2004
- 3-for-2
- Nov 19, 2001
- 3-for-2
- Jul 8, 1997
- 2-for-1