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First Mid Illinois Bancshares Inc (FMBH)



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Upturn Advisory Summary
06/30/2025: FMBH (1-star) has a low Upturn Star Rating. Not recommended to BUY.
1 Year Target Price $42.29
1 Year Target Price $42.29
2 | Strong Buy |
2 | Buy |
3 | Hold |
0 | Sell |
0 | Strong Sell |
Analysis of Past Performance
Type Stock | Historic Profit 3.76% | Avg. Invested days 36 | Today’s Advisory Consider higher Upturn Star rating |
Upturn Star Rating ![]() ![]() | Upturn Advisory Performance ![]() | Stock Returns Performance ![]() |
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Key Highlights
Company Size Small-Cap Stock | Market Capitalization 899.35M USD | Price to earnings Ratio 11.12 | 1Y Target Price 42.29 |
Price to earnings Ratio 11.12 | 1Y Target Price 42.29 | ||
Volume (30-day avg) 7 | Beta 0.85 | 52 Weeks Range 27.40 - 43.30 | Updated Date 06/30/2025 |
52 Weeks Range 27.40 - 43.30 | Updated Date 06/30/2025 | ||
Dividends yield (FY) 2.51% | Basic EPS (TTM) 3.37 |
Earnings Date
Report Date - | When - | Estimate - | Actual - |
Profitability
Profit Margin 25.04% | Operating Margin (TTM) 39.13% |
Management Effectiveness
Return on Assets (TTM) 1.06% | Return on Equity (TTM) 9.65% |
Valuation
Trailing PE 11.12 | Forward PE 12.05 | Enterprise Value 1229998464 | Price to Sales(TTM) 2.8 |
Enterprise Value 1229998464 | Price to Sales(TTM) 2.8 | ||
Enterprise Value to Revenue 3.82 | Enterprise Value to EBITDA - | Shares Outstanding 23989000 | Shares Floating 21532522 |
Shares Outstanding 23989000 | Shares Floating 21532522 | ||
Percent Insiders 14.47 | Percent Institutions 46.73 |
Analyst Ratings
Rating 3 | Target Price 42.29 | Buy 2 | Strong Buy 2 |
Buy 2 | Strong Buy 2 | ||
Hold 3 | Sell - | Strong Sell - | |
Strong Sell - |
Upturn AI SWOT
First Mid Illinois Bancshares Inc

Company Overview
History and Background
First Mid Illinois Bancshares, Inc. was founded in 1865 as Paris Savings Bank. It has grown through organic expansion and acquisitions, evolving into a diversified financial services provider. It's headquartered in Mattoon, Illinois.
Core Business Areas
- Community Banking: Provides a range of banking services including checking, savings, loans, and mortgages to individuals and businesses.
- Wealth Management: Offers financial planning, investment management, trust services, and insurance products.
- Commercial Banking: Provides lending and banking services to businesses, including commercial real estate loans, equipment financing, and treasury management.
- Agribusiness: Specializes in providing financial services to agricultural businesses, including farm loans, crop insurance, and other agricultural-related products.
Leadership and Structure
The leadership team consists of the CEO, CFO, and other executive officers. The organizational structure is a traditional hierarchical structure with regional and departmental divisions. Joe Dively is the current CEO.
Top Products and Market Share
Key Offerings
- Commercial Loans: Loans to businesses for various purposes, including expansion, working capital, and equipment. Competitors include regional and national banks.
- Mortgage Loans: Loans to individuals for purchasing or refinancing real estate. Competitors include mortgage lenders, credit unions, and other banks.
- Wealth Management Services: Includes financial planning, investment management, and trust services. Competitors include national brokerages, registered investment advisors (RIAs).
- Agricultural Loans: Financing solutions to farmers and agribusinesses for land, equipment, and operating capital. Competitors include Farm Credit Services, other regional banks and agricultural lenders.
Market Dynamics
Industry Overview
The banking industry is highly competitive and subject to regulatory changes, interest rate fluctuations, and economic cycles. Technology and fintech companies are also impacting the industry.
Positioning
First Mid Illinois Bancshares Inc. is a regional bank focused on community banking and wealth management. Its competitive advantages include strong local relationships and personalized service.
Total Addressable Market (TAM)
The TAM for banking services is significant, encompassing individuals and businesses requiring financial services. First Mid focuses on select regional markets, targeting small to medium-sized businesses and individuals. The TAM is multiple billions, depending on the region considered.
Upturn SWOT Analysis
Strengths
- Strong local presence
- Customer Relationships
- Diversified Revenue Streams
- Experienced Management Team
Weaknesses
- Limited Geographic Reach
- Reliance on Traditional Banking Model
- Higher Overhead Cost compared to fintech companies
Opportunities
- Expansion into new markets
- Adoption of digital technologies
- Growth in wealth management services
- Acquisition of smaller banks
Threats
- Increased competition from larger banks
- Economic downturn
- Regulatory changes
- Cybersecurity threats
Competitors and Market Share
Key Competitors
- CASH
- HFWA
- MBWM
Competitive Landscape
First Mid competes primarily with other regional and community banks, as well as credit unions and larger financial institutions. Its focus on local relationships gives it an advantage in its core markets, but it faces challenges from larger competitors with greater resources.
Major Acquisitions
LINCO Bancshares, Inc.
- Year: 2020
- Acquisition Price (USD millions): 70
- Strategic Rationale: Expanded First Mid's presence into the St. Louis metropolitan area and increased its assets.
Growth Trajectory and Initiatives
Historical Growth: Historical growth cannot be dynamically provided. Consult the investor relations site.
Future Projections: Future Projections cannot be dynamically provided. Consult analyst ratings and financial news reports.
Recent Initiatives: Recent Initiatives needs to be determined dynamically. Please refer to companyu2019s investor relations website for the most recent reports.
Summary
First Mid Illinois Bancshares Inc. is a stable regional bank with a strong community focus. Its diversified revenue streams and experienced management team are working well, but limited geographic reach and increased competition pose potential challenges. Expansion and adoption of digital technologies are opportunities for future growth. Economic downturns and regulatory changes are key risks to monitor.
Peer Comparison
Sources and Disclaimers
Data Sources:
- Company Website
- SEC Filings
- Analyst Reports (FactSet, Bloomberg)
Disclaimers:
This analysis is for informational purposes only and should not be considered financial advice. Data is based on publicly available information and may not be entirely accurate or complete. Market share estimates are approximate.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About First Mid Illinois Bancshares Inc
Exchange NASDAQ | Headquaters Mattoon, IL, United States | ||
IPO Launch date 1999-03-16 | Chairman, President & CEO Mr. Joseph R. Dively | ||
Sector Financial Services | Industry Banks - Regional | Full time employees 1194 | Website https://www.firstmid.com |
Full time employees 1194 | Website https://www.firstmid.com |
First Mid Bancshares, Inc., a financial holding company, provides community banking products and services to commercial, retail, and agricultural customers in the United States. It accepts various deposit products, such as demand deposits, savings accounts, money market deposits, and time deposits. The company's loan products include commercial real estate, commercial and industrial, agricultural and agricultural real estate, residential real estate owner and non-owner occupied, and consumer loans, as well as construction and land development, 1-4 family residential properties, and multifamily residential properties loans; and other loans comprising loans to municipalities to support community projects, such as infrastructure improvements or equipment purchases. It also offers wealth management services, which include estate planning and investment services to individuals; employee benefit services for businesses; and farm management and brokerage services. In addition, the company provides property and casualty, senior insurance products, and group medical insurance for businesses; and personal lines insurance to individuals. The company was formerly known as First Mid-Illinois Bancshares, Inc. and changed its name to First Mid Bancshares, Inc. in April 2019. First Mid Bancshares, Inc. was founded in 1865 and is headquartered in Mattoon, Illinois.
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