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FMBH Stock Analysis 2026 - FIRST MID BANCSHARES, INC. AI Rating

FMBH Nasdaq State Commercial Banks DE CIK: 0000700565
Recently Updated • Analysis: Mar 25, 2026 • SEC Data: 2025-12-31
BUY
72% Conf
Pending
Analysis scheduled

📊 FMBH Key Takeaways

Revenue: $373.0M
Net Margin: 24.6%
Free Cash Flow: $124.0M
Current Ratio: N/A
Debt/Equity: 0.37x
EPS: $3.83
AI Rating: BUY with 72% confidence

Is FMBH a Good Investment? Thesis Analysis

Claude

First Mid Bancshares demonstrates solid fundamental strength with robust revenue growth of 45.6% YoY and excellent free cash flow generation (33.3% FCF margin). The company maintains a healthy balance sheet with conservative leverage (0.37x debt/equity) and strong operational efficiency with 31.4% operating margins, though modest ROE of 9.6% and tight interest coverage of 1.8x warrant attention.

Why Buy FMBH? Key Strengths

Claude
  • + Exceptional revenue growth of 45.6% YoY indicating strong business momentum
  • + High-quality earnings with 33.3% free cash flow margin and $124M FCF generation
  • + Conservative capital structure with 0.37x debt/equity ratio providing financial flexibility
  • + Strong operating margins at 31.4% demonstrating operational efficiency
  • + Solid net margin of 24.6% and positive operating cash flow of $130.9M

FMBH Investment Risks to Consider

Claude
  • ! Interest coverage ratio of 1.8x is relatively tight, limiting debt service capacity
  • ! Return on equity of 9.6% is modest and below typical expectations for financial institutions
  • ! Return on assets of 1.2% suggests moderate efficiency in converting assets to profits
  • ! High insider trading activity (31 Form 4 filings) may indicate executive uncertainty
  • ! Diluted EPS growth of 16.1% lags revenue growth of 45.6%, suggesting margin compression or dilution

Key Metrics to Watch

Claude
  • * Interest coverage ratio trend - critical for debt service sustainability
  • * Return on equity trajectory - needs improvement toward 12%+ for banking peers
  • * Net interest margin sustainability amid revenue growth
  • * Loan portfolio quality and non-performing asset ratios
  • * Capital adequacy ratios and regulatory compliance metrics

FMBH Financial Metrics

Revenue
$373.0M
Net Income
$91.7M
EPS (Diluted)
$3.83
Free Cash Flow
$124.0M
Total Assets
$8.0B
Cash Position
$182.0M

💡 AI Analyst Insight

The 33.3% free cash flow margin provides substantial flexibility for dividends, buybacks, and strategic investments. The current ratio below 1.0x warrants monitoring of short-term liquidity.

FMBH Profitability Ratios

Gross Margin N/A
Operating Margin 31.4%
Net Margin 24.6%
ROE 9.6%
ROA 1.2%
FCF Margin 33.3%

FMBH vs Finance Sector

How FIRST MID BANCSHARES, INC. compares to Finance sector averages

Net Margin
FMBH 24.6%
vs
Sector Avg 25.0%
FMBH Sector
ROE
FMBH 9.6%
vs
Sector Avg 12.0%
FMBH Sector
Current Ratio
FMBH 0.0x
vs
Sector Avg 1.2x
FMBH Sector
Debt/Equity
FMBH 0.4x
vs
Sector Avg 2.0x
FMBH Sector

Sector benchmarks are approximate industry averages. Actual sector performance may vary.

Is FMBH Overvalued or Undervalued?

Based on fundamental analysis, FIRST MID BANCSHARES, INC. has mixed fundamental signals relative to the Finance sector in 2026.

Return on Equity
9.6%
Sector avg: 12%
Net Profit Margin
24.6%
Sector avg: 25%
Revenue Growth
N/A
Year-over-year
Debt/Equity
0.37x
Sector avg: 2x

Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.

FMBH Balance Sheet & Liquidity

Current Ratio
N/A
Quick Ratio
N/A
Debt/Equity
0.37x
Debt/Assets
88.0%
Interest Coverage
1.83x
Long-term Debt
$354.5M

FMBH 5-Year Financial Trend & Growth Analysis

FMBH 5-year financial data:
Revenue
Net Income
EPS (right axis)

5-Year Trend Summary: FIRST MID BANCSHARES, INC.'s revenue has remained relatively flat over the 5-year period, with a 0% decline. The most recent EPS of $3.15 reflects profitable operations.

FMBH Growth Metrics (YoY)

Revenue Growth
N/A
Year-over-year
Net Income Growth
N/A
Year-over-year
EPS Growth
N/A
Earnings per share
FCF Margin
33.3%
Free cash flow / Revenue

FMBH Capital Allocation

Operating Cash Flow
$130.9M
Cash generated from operations
Stock Buybacks
$724.0K
Shares repurchased (TTM)
Capital Expenditures
$6.8M
Investment in assets
Dividends Paid
$23.4M
Returned to shareholders

FMBH SEC 10-K & 10-Q Filing Analysis

Access official SEC EDGAR filings for FIRST MID BANCSHARES, INC. (CIK: 0000700565)

📋 Recent SEC Filings

Date Form Document Action
Mar 17, 2026 DEF 14A fmbh-20260317.htm View →
Mar 2, 2026 8-K f8k_030126.htm View →
Feb 27, 2026 10-K fmbh-20251231.htm View →
Feb 25, 2026 8-K f8k_022526.htm View →
Feb 20, 2026 8-K f8k_022026.htm View →

Frequently Asked Questions about FMBH

What is the AI rating for FMBH?

FIRST MID BANCSHARES, INC. (FMBH) has an AI rating of BUY with 72% confidence, based on fundamental analysis of SEC EDGAR filings.

What are FMBH's key strengths?

Claude: Exceptional revenue growth of 45.6% YoY indicating strong business momentum. High-quality earnings with 33.3% free cash flow margin and $124M FCF generation.

What are the risks of investing in FMBH?

Claude: Interest coverage ratio of 1.8x is relatively tight, limiting debt service capacity. Return on equity of 9.6% is modest and below typical expectations for financial institutions.

What is FMBH's revenue and growth?

FIRST MID BANCSHARES, INC. reported revenue of $373.0M.

Does FMBH pay dividends?

FIRST MID BANCSHARES, INC. pays dividends, with $23.4M distributed to shareholders in the trailing twelve months.

Where can I find FMBH SEC filings?

Official SEC filings for FIRST MID BANCSHARES, INC. (CIK: 0000700565) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.

What is FMBH's EPS?

FIRST MID BANCSHARES, INC. has a diluted EPS of $3.83.

How is the AI analysis conducted?

Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined rating reflects both perspectives for balanced insights.

Is FMBH a good stock to buy right now?

Based on our AI fundamental analysis in March 2026, FIRST MID BANCSHARES, INC. has a BUY rating with 72% confidence. The AI analysis suggests favorable fundamentals based on SEC filings. This is not investment advice.

Is FMBH stock overvalued or undervalued?

Valuation metrics for FMBH: ROE of 9.6% (sector avg: 12%), net margin of 24.6% (sector avg: 25%). Compare these metrics with sector averages to assess valuation.

Should I buy FMBH stock in 2026?

Our dual AI analysis gives FIRST MID BANCSHARES, INC. a combined BUY rating for 2026. Revenue is data pending, with profitability at or below sector average. Always conduct your own research.

What is FMBH's free cash flow?

FIRST MID BANCSHARES, INC.'s operating cash flow is $130.9M, with capital expenditures of $6.8M. FCF margin is 33.3%.

How does FMBH compare to other Finance stocks?

Vs Finance sector averages: Net margin 24.6% (avg: 25%), ROE 9.6% (avg: 12%), current ratio N/A (avg: 1.2).

Disclaimer: This analysis is generated by Claude AI (Anthropic) and ChatGPT (OpenAI) based on publicly available SEC EDGAR filings. It does not include stock price data and should not be considered financial advice. All fundamental data is sourced from SEC public domain filings. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.
Data Source: SEC EDGAR | Analysis Date: Mar 25, 2026 | Data as of: 2025-12-31 | Powered by Claude AI