# First Mid Bancshares Inc. (FMBH) fundamentals

Data as of 2026-09-08. NASDAQ, United States. Sector: Financial Services / Banks. Price $51.33, market value $1.4 billion.

## Valuation
- **P/E (trailing): 12.7×** (5-yr avg 10.5×, 3-yr avg 10.4×). First Mid Bancshares Inc. trades at 12.7× trailing earnings, well above its own five-year average of 10.5×: investors are paying up relative to the company's past. The Financial Services median in the September 2026 study was 13.1×. Forward P/E is 10.4×, lower than trailing, so analysts expect earnings to grow.
- **PEG: 0.65**. A PEG of 0.65 means the P/E is low relative to expected earnings growth: the market is not paying much for that growth.
- **Price / book: 1.2×**. The shares trade at 1.2× book value; book value is a meaningful part of the valuation.
- **Free-cash-flow yield: 8.7%** (5-yr avg 11.4%). Free cash flow equals 8.7% of the market value, below its five-year average of 11.4%, so the shares are pricier on cash than usual. Above 5% is generally attractive.
- **Earnings yield: 7.9%**. The inverse of the P/E: 7.9% of the price is earned each year.

## Profitability
- **Return on equity: 9.6%**. 9.6% on shareholders' equity is weak; the business earns little on the capital its owners have in it.

## Growth
- **EPS growth (1 yr): 16.1%** (3-yr 2.1%/yr, 5-yr 7.2%/yr). Earnings per share rose 16.1%.
- **Free-cash-flow growth (3 yr): 26.8%/yr**. Free cash flow has compounded at 26.8% a year over three years, keeping pace with earnings: the growth is real cash.

## Financial health
- **Piotroski F-score: 4/9**. 4 of 9 checks pass: mixed.

## Dividends
- **Dividend yield: 2.03%** ($1.00 per share, trailing). First Mid Bancshares Inc. yields 2.03%, a modest yield more typical of a growth-oriented payer.
- **Payout ratio: 25%** (21% of free cash flow). 25% of earnings goes out as dividends, leaving room to keep raising it.
- **Consecutive years of increases: 25**. 25 straight years of increases (the data covers 26 years, so this may be longer): a record very few companies hold.
- **Dividend growth (5 yr): 3.9%/yr** (1-yr 4.3%). The dividend has grown 3.9% a year over five years.

## Price and momentum
- **Total return (1 yr): 28.7%** (YTD 33.2%, 3-mo 14.0%). The shares are up 28.7% over twelve months including dividends.
- **From 52-week high: -3.8%** (50.3% above the low). Trading within 5% of its 52-week high.
- **200-day average: above**. The price sits above its 200-day moving average, the usual definition of an uptrend.
- **RSI (14-day): 58**. An RSI of 58 is neutral.
- **Beta (1 yr): 0.50** (volatility 24%). Beta of 0.50 against the S&P 500: the shares move much less than the market.

Live score and charts: https://foliofundamentals.com/analyzer?s=FMBH · Page: https://foliofundamentals.com/stocks/fmbh

Not investment advice.