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Companies / Financials / First Mid Bancshares, Inc.
FMBH

First Mid Bancshares, Inc.

FinancialsBanks & Brokers
Ticker FMBHMATTOON, ILFiscal year ends DecemberBook value per share $42.12Diluted shares 26.0M

First Mid Bancshares, Inc. (Nasdaq: FMBH) is a financial holding company providing banking, insurance, wealth management and related services through its subsidiaries. Its banking subsidiary, First Mid Bank & Trust, offers lending and deposit products to commercial and individual customers; the company also provides… From the company’s description.

Over the twelve months to Sep 30, 2026, First Mid Bancshares, Inc. reported revenue of $400.52M, up 15.7% from a year earlier, and net income of $111.09M. Its pre-tax margin was 35.5%. In fiscal 2025, it reported revenue of $349.22M, up 7.4% from fiscal 2024, and net income of $91.75M.

Fiscal year 2025 · ends 12-31Changes are against fiscal 2024The amber dot is the latest twelve months, to 2026-09-30
Sales & profitability
$349.22MFY2025
+7.4% year over year
Last 12 mo $400.52M
33.52%FY2025
+1.4 percentage points
Last 12 mo 35.49%
$91.75MFY2025
+16.3% year over year
Last 12 mo $111.09M
9.57%FY2025
+0.2 percentage points
Last 12 mo 10.13%
Cash & financing
$130.87MFY2025
+5.2% year over year
Last 12 mo $140.94M
$124.03MFY2025
+3.8% year over year
Last 12 mo $133.22M
7.04FY2025
Was 7.57× a year earlier
Last 12 mo 7.32
24.0MFY2025
+0.4% year over year
Last 12 mo 26.0M

Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.

What First Mid Bancshares, Inc. does

In the company’s own words

First Mid Bancshares, Inc. (Nasdaq: FMBH) is a financial holding company providing banking, insurance, wealth management and related services through its subsidiaries. Its banking subsidiary, First Mid Bank & Trust, offers lending and deposit products to commercial and individual customers; the company also provides insurance brokerage, trust, farm management, investment, and retirement planning services to individuals and businesses. Its business lines include community banking, wealth management and insurance brokerage, with lending activities generating approximately 74% of revenue in fiscal 2025. First Mid operates across Illinois, Missouri, Wisconsin, Texas and Indiana, with 77 locations in Illinois, Missouri, Wisconsin and Texas and a dedicated agency-finance and loan-production office in Indiana at year-end 2025. The company’s history includes a series of community-bank acquisitions, including Blackhawk Bank, acquired in 2023 and merged into First Mid Bank that year, and Mid Rivers Insurance Group, acquired in 2024 and merged into First Mid Insurance. Its website is www.firstmid.com.

Company details
Sector
Financials
Industry (SIC)
Banks & Brokers
Headquarters
MATTOON, IL
Fiscal year end
December
CIK
700565
SIC
6022

Financial performance, year by year

Fiscal 2011–2025 · USD
$-40.05M$80.10M$200.26M$320.42M$440.57M201120122013201420152016201720182019202020212022202320242025Last 12 moLast 12 monthsLast 12 months

The full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.

Ownership

Who owns First Mid Bancshares, Inc. — and what changed

Funds as of 2026Q2 · superinvestors as of 2026-06-30

198
funds hold it
0 of 35
superinvestors hold it
$281.18M
held by funds, at market
23.2%
of shares held by funds

Largest fund holders · First Mid Bancshares, Inc.’s weight in each

VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.00%of fund net assets
iShares Russell 2000 ETF
IWM · iShares Trust
0.04%of fund net assets
Avantis U.S. Small Cap Value ETF
AVUV · American Century ETF Trust
—of fund net assets
VANGUARD EXTENDED MARKET INDEX FUND
VXF · VANGUARD INDEX FUNDS
0.01%of fund net assets
iShares Russell 2000 Value ETF
IWN · iShares Trust
0.08%of fund net assets

Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.

Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.

Could not be determined for this company: bond issues.

Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.

Connected research

Put this business in context.

Compare this company with peers, find it in your funds and follow its financial history with your connected AI:

  • “How do First Mid Bancshares, Inc. and its peers compare on margins and cash generation over ten years?”
  • “Where did five years of First Mid Bancshares, Inc.'s earnings go — cash, debt, buybacks, reinvestment?”
  • “What changed in First Mid Bancshares, Inc.'s last four quarterly filings that the numbers alone won't show?”
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