📊 FMBH Key Takeaways
Is First Mid Bancshares, Inc.. (FMBH) a Good Investment?
First Mid Bancshares exhibits critical fundamental weaknesses that signal distress in the core banking business. Despite impressive 45.6% revenue growth, interest coverage of 0.5x means operating income cannot cover interest expenses, while ultra-low ROE (2.4%) and ROA (0.3%) indicate severe capital inefficiency or asset quality deterioration. The complete divergence between revenue growth and flat net income suggests mounting losses or provisions offsetting gains.
FIRST MID BANCSHARES shows solid core profitability, with a 31.4% operating margin, 24.6% net margin, and a healthy 1.2% ROA for a bank. Revenue growth was strong at 45.6% year over year, but flat net income suggests that growth is not fully translating into bottom-line expansion, which tempers the overall fundamental outlook. The balance sheet appears reasonably capitalized, but weak interest coverage and only moderate ROE keep the profile in balanced rather than clearly compelling territory.
Why Buy First Mid Bancshares, Inc.. Stock? FMBH Key Strengths
- Strong revenue growth of 45.6% YoY demonstrates market presence and loan origination activity
- Reasonable debt-to-equity ratio of 0.33x indicates leverage is not excessive
- Positive free cash flow generation of $23.1M provides liquidity cushion
- Strong revenue growth of 45.6% year over year
- Healthy profitability with 31.4% operating margin and 24.6% net margin
- Solid financial position with 9.6% ROE, 1.2% ROA, and manageable debt-to-equity of 0.37x
FMBH Stock Risks: First Mid Bancshares, Inc.. Investment Risks
- Interest coverage ratio of 0.5x is critically low—operating income cannot cover interest expenses, a fundamental concern for any bank
- Extremely low ROE (2.4%) and ROA (0.3%) indicate poor capital efficiency or severe asset quality issues requiring investigation
- Net income flat YoY while revenue grew 45.6% suggests loan loss provisions, write-offs, or other charges are consuming the revenue gains
- Potential deterioration in loan portfolio quality despite market expansion
- Net income was flat despite strong revenue growth, indicating possible margin pressure or higher credit/funding costs
- Interest coverage of 1.8x is weak and leaves less room if funding costs stay elevated
- ROE is acceptable but not strong enough to clearly stand out among profitable regional banks
Key Metrics to Watch
- Interest coverage ratio—must improve above 1.5x to demonstrate operational sustainability
- Non-performing loan ratio and provision for credit losses—key indicator of asset quality deterioration
- Return on equity—must trend toward 8%+ for competitive positioning in regional banking
- Net interest margin and provision expense trends
- ROE and interest coverage improvement
First Mid Bancshares, Inc.. (FMBH) Financial Metrics & Key Ratios
💡 AI Analyst Insight
The 23.0% 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 Profit Margin, ROE & Profitability Analysis
FMBH vs Finance Sector: How First Mid Bancshares, Inc.. Compares
How First Mid Bancshares, Inc.. compares to Finance sector averages
Sector benchmarks are approximate industry averages. Actual sector performance may vary.
Is First Mid Bancshares, Inc.. Stock Overvalued? FMBH Valuation Analysis 2026
Based on fundamental analysis, First Mid Bancshares, Inc.. has mixed fundamental signals relative to the Finance sector in 2026.
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.
First Mid Bancshares, Inc.. Balance Sheet: FMBH Debt, Cash & Liquidity
FMBH Revenue & Earnings Growth: 5-Year Financial Trend
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 Revenue Growth, EPS Growth & YoY Performance
First Mid Bancshares, Inc.. Dividends, Buybacks & Capital Allocation
FMBH SEC Filings: Latest 10-K & 10-Q Analysis
Access official SEC EDGAR filings for First Mid Bancshares, Inc.. (CIK: 0000700565)
📋 Recent SEC Filings
❓ Frequently Asked Questions about FMBH
What is the AI rating for FMBH?
First Mid Bancshares, Inc.. (FMBH) has a Combined AI Rating of SELL from Claude (SELL) and ChatGPT (HOLD) with 77% combined confidence, based on fundamental analysis of SEC EDGAR filings.
What are FMBH's key strengths?
Claude: Strong revenue growth of 45.6% YoY demonstrates market presence and loan origination activity. Reasonable debt-to-equity ratio of 0.33x indicates leverage is not excessive. ChatGPT: Strong revenue growth of 45.6% year over year. Healthy profitability with 31.4% operating margin and 24.6% net margin.
What are the risks of investing in FMBH?
Claude: Interest coverage ratio of 0.5x is critically low—operating income cannot cover interest expenses, a fundamental concern for any bank. Extremely low ROE (2.4%) and ROA (0.3%) indicate poor capital efficiency or severe asset quality issues requiring investigation. ChatGPT: Net income was flat despite strong revenue growth, indicating possible margin pressure or higher credit/funding costs. Interest coverage of 1.8x is weak and leaves less room if funding costs stay elevated.
What is FMBH's revenue and growth?
First Mid Bancshares, Inc.. reported revenue of $100.6M.
Does FMBH pay dividends?
First Mid Bancshares, Inc.. pays dividends, with $6.0M 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 $1.06.
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 May 2026, First Mid Bancshares, Inc.. has a SELL rating with 77% confidence. Review the strengths and risks sections above before making a decision. This is not investment advice.
Is FMBH stock overvalued or undervalued?
Valuation metrics for FMBH: ROE of 2.4% (sector avg: 12%), net margin of 26.2% (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 SELL rating for 2026. Revenue is data pending, with profitability above sector average. Always conduct your own research.
What is FMBH's free cash flow?
First Mid Bancshares, Inc..'s operating cash flow is $25.1M, with capital expenditures of $2.0M. FCF margin is 23.0%.
How does FMBH compare to other Finance stocks?
Vs Finance sector averages: Net margin 26.2% (avg: 25%), ROE 2.4% (avg: 12%), current ratio N/A (avg: 1.2).