First Mid Bancshares Inc
Research First Mid Bancshares Inc (FMBH) on Bullrun: valuation model: 13.2% undervalued, market cap USD 1.33B, P/E 12.5, dividend yield 2.0%. Explore financials, valuation history, model signals, and stock context.
Key Metrics
- TickerFMBH
- ExchangeNASDAQ
- CountryUnited States
- SectorFinancial Services
- IndustryBanks-Regional
- CurrencyUSD
- Valuation signal13.2% undervalued
- Market capUSD 1.33B
- P/E12.5
- Dividend yield2.0%
- Financial periodQ2 2026
- RevenueUSD 106.27M
- Net incomeUSD 27.79M
- Free cash flowUSD 24.17M
Valuation Snapshot
Bullrun's latest valuation model marks First Mid Bancshares Inc as 13.2% undervalued; latest market cap is USD 1.33B; P/E is 12.5; dividend yield is 2.0%.
Peer valuation comparison
Latest P/E is 12.46x versus a Financial Services sector median of 13.84x (10.0% below).
Latest dividend yield is 2.01% versus a Financial Services sector median of 3.86% (47.9% below).
Five-year financial history
| Year | Revenue | Net income | Free cash flow | Gross margin | Diluted EPS | Cash | Total debt | Equity |
|---|---|---|---|---|---|---|---|---|
| FY2025 | USD 342.27M | USD 91.75M | USD 124.03M | n/a | 3.83 | USD 256.58M | USD 354.46M | USD 958.69M |
| FY2024 | USD 318.63M | USD 78.90M | USD 119.48M | n/a | 3.3 | USD 124.64M | USD 368.46M | USD 846.39M |
| FY2023 | USD 274.93M | USD 68.94M | USD 68.78M | n/a | 3.15 | USD 135.55M | USD 409.22M | USD 793.20M |
| FY2022 | n/a | USD 72.95M | USD 60.80M | n/a | 3.6 | USD 160.95M | USD 295.07M | USD 633.16M |
Valuation history
| Year | Snapshot date | Market cap | P/E | Dividend yield | Annual dividend/share |
|---|---|---|---|---|---|
| 2026 | 2026-08-25 | USD 1.33B | 12.5 | 2.0% | 1.01 |
| 2025 | 2025-12-31 | USD 935.47M | 10.2 | 2.5% | 0.98 |
| 2024 | 2024-12-31 | USD 879.84M | 11.2 | 2.6% | 0.94 |
| 2023 | 2023-12-29 | USD 826.30M | 10.1 | 2.7% | 0.92 |
| 2022 | 2022-12-30 | USD 656.46M | 9.1 | 2.8% | 0.9 |
| 2021 | 2021-12-31 | USD 773.66M | 15.0 | 2.0% | 0.86 |
Dividend history
Latest trailing dividend snapshot: annual dividend/share 1.01 USD, yield 2.0%.
| Year | Dividends/share |
|---|---|
| FY2025 | 98 USD |
| FY2024 | 94 USD |
| FY2023 | 92 USD |
| FY2022 | 0.9 USD |
About First Mid Bancshares Inc
First Mid Bancshares, Inc., a financial holding company, provides community banking products and services to commercial, retail, and agricultural customers in the United States. It accepts various deposit products, such as demand deposits, savings accounts, money market deposits, and time deposits.
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Frequently asked questions
Is First Mid Bancshares Inc overvalued or undervalued?
Bullrun's valuation model currently marks First Mid Bancshares Inc as 13.2% undervalued.
What is First Mid Bancshares Inc's market cap?
First Mid Bancshares Inc's market capitalization is USD 1.33B.
What is First Mid Bancshares Inc's P/E ratio?
First Mid Bancshares Inc's price-to-earnings (P/E) ratio is 12.5.
Does First Mid Bancshares Inc pay a dividend?
First Mid Bancshares Inc has a dividend yield of 2.0%.
What does First Mid Bancshares Inc do?
First Mid Bancshares, Inc., a financial holding company, provides community banking products and services to commercial, retail, and agricultural customers in the United States. It accepts various deposit products, such as demand deposits, savings accounts, money market deposits, and time deposits.