First Mid Bancshares Inc. Common Stock (FMBH)

FairStock Score: 61/100 — STEADY

Key Financials

AI Analysis

AI-generated, general educational analysis — not personal investment advice.

As a patient investor, I see First Mid Bancshares as a plain-vanilla community bank: it gathers deposits and lends to businesses, farmers, and households. The record is respectable. In fiscal Q2 2026, the quarter ended 2026-06-30, it reported net income of $27.8 million and diluted EPS of $1.04, up from $23.4 million and $0.98 in fiscal Q2 2025. For FY2025 it earned $91.7 million, or $3.83 per diluted share, versus $78.9 million and $3.30 in FY2024 and $68.9 million and $3.15 in FY2023. That is steady, unspectacular compounding, and FairStock labels it a Stalwart because profits grew about 15.2% a year over five years. The valuation is not demanding. At the close on 2026-10-13, the shares traded at $48.85, giving a FairStock P/E of 12.12 and P/B of 1.18. A 10.05% ROE is adequate but not exceptional for a bank; it says the institution earns its cost of equity only if credit stays sound. The 2.13% dividend yield and 0.80 beta add some comfort, and a PEG of 0.65 suggests growth is priced reasonably. Piotroski 6/9 is middling. But a bank is a leveraged trust business. The critical data are missing: CET1 capital, net interest margin, efficiency ratio, nonperforming loans, reserve coverage, loan-to-deposit, and combined ratio. Without them I cannot underwrite credit risk. The FairStock score of 61/100 is decent, not compelling. I would call it a fair-to-slightly-cheap community bank, not a bargain until I see balance-sheet quality.

In plain English: First Mid Bancshares is a community bank holding company that takes deposits and makes loans to businesses, farms, and households. Its profits have grown steadily over the past few years, and it earns a reasonable return on shareholder money, though banks always carry risks that this data does not fully show. At the recent price, the stock looks roughly fair to modestly inexpensive compared with its earnings and accounting value.

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Data as of 2026-10-13 close · note generated 2026-10-15 · model deepseek-flash

Sources (SEC EDGAR): fiscal Q2 2026 10-Q (period ended 2026-06-30) · fiscal Q1 2026 10-Q (period ended 2026-03-31) · fiscal Q3 2025 10-Q (period ended 2025-09-30) · fiscal Q2 2025 10-Q (period ended 2025-06-30) · FY2025 10-K (period ended 2025-12-31) · FY2024 10-K (period ended 2024-12-31) · FY2023 10-K (period ended 2023-12-31)

Fundamentals from company filings and market-data providers; prices are end-of-day, not real-time. AI-generated analysis is general and educational — not personal investment advice. Scoring methodology · Score test · Disclaimer