First Mid Bancshares (FMBH) Financial Statements
Price: $31.35
Market Cap: $751.85M
Avg Volume: 65.70K
Market Cap: $751.85M
Avg Volume: 65.70K
Country: US
Industry: Banks - Regional
Sector: Financial Services
Industry: Banks - Regional
Sector: Financial Services
Overview of Financial Statements
Financial statements are records that provide an overview of a company's financial performance and position. There are three main types of financial statements:
- Income Statement: Shows the company's revenue, expenses, and profit over a specific period.
- Balance Sheet: Provides a snapshot of the company's assets, liabilities, and equity at a specific point in time.
- Cash Flow Statement: Details the cash inflows and outflows from operating, investing, and financing activities over a period.
This page presents both annual and quarterly data for these financial statements. The charts below provide a visual representation of the key metrics from each statement, helping you to quickly understand the financial health of First Mid Bancshares.
Income Statement
| Breakdown | December 31, 2024 | December 31, 2023 | December 31, 2022 | December 31, 2021 | December 31, 2020 | December 31, 2019 | December 31, 2018 | December 31, 2017 | December 31, 2016 | December 31, 2015 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $318.63M | $274.93M | $254.66M | $237.52M | $186.93M | $181.69M | $147.15M | $123.41M | $98.12M | $76.30M |
| Cost of Revenue | $- | $782.00K | $- | $- | $- | $- | $2.97M | $- | $- | $- |
| Gross Profit | $318.63M | $274.14M | $254.66M | $237.52M | $186.93M | $181.69M | $144.18M | $123.41M | $98.12M | $76.30M |
| Gross Profit Ratio | 100.00% | 99.72% | 100.00% | 100.00% | 100.00% | 100.00% | 97.98% | 100.00% | 100.00% | 100.00% |
| Research and Development Expenses | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| General and Administrative Expenses | $127.60M | $108.30M | $100.40M | $91.26M | $67.76M | $62.80M | $47.86M | $40.66M | $32.35M | $26.34M |
| Selling and Marketing Expenses | $3.42M | $3.00M | $3.00M | $3.60M | $1.62M | $2.03M | $1.79M | $1.36M | $1.84M | $1.09M |
| Selling General and Administrative Expenses | $131.01M | $111.31M | $103.40M | $94.87M | $69.38M | $64.83M | $49.66M | $42.02M | $32.35M | $26.34M |
| Other Expenses | $187.62M | $163.62M | $-226.38M | $-265.60M | $-196.57M | $-183.25M | $-133.47M | $-111.24M | $-86.37M | $-69.85M |
| Operating Expenses | $318.63M | $274.93M | $-122.98M | $-170.73M | $-127.19M | $-118.42M | $-82.85M | $-69.22M | $-54.02M | $-43.52M |
| Cost and Expenses | $318.63M | $274.93M | $-122.98M | $-170.73M | $-127.19M | $-118.42M | $-82.85M | $-69.22M | $-54.02M | $-43.52M |
| Interest Income | $357.38M | $300.17M | $215.89M | $183.01M | $144.14M | $149.72M | $124.56M | $99.56M | $75.50M | $59.25M |
| Interest Expense | $128.65M | $106.70M | $31.61M | $15.26M | $16.73M | $24.05M | $12.83M | $6.48M | $4.29M | $3.50M |
| Depreciation and Amortization | $20.78M | $14.90M | $11.19M | $9.79M | $8.86M | $9.45M | $6.23M | $4.81M | $4.40M | $891.00K |
| EBITDA | $- | $- | $106.35M | $81.24M | $68.60M | $74.11M | $56.39M | $49.86M | $41.72M | $34.62M |
| EBITDA Ratio | 0.00% | 0.00% | 41.76% | 34.20% | 36.70% | 40.79% | 38.32% | 40.40% | 42.52% | 45.37% |
| Operating Income | $-253.82M | $88.41M | $131.68M | $66.79M | $59.74M | $63.27M | $61.33M | $54.19M | $44.10M | $32.78M |
| Operating Income Ratio | -79.66% | 32.16% | 51.71% | 28.12% | 31.96% | 34.82% | 41.68% | 43.91% | 44.95% | 42.96% |
| Total Other Income Expenses Net | $301.25M | $- | $- | $- | $-19.80M | $- | $- | $- | $- | $-4.44M |
| Income Before Tax | $47.42M | $88.41M | $91.29M | $66.79M | $59.74M | $63.27M | $48.51M | $41.73M | $33.78M | $25.73M |
| Income Before Tax Ratio | 14.88% | 32.16% | 35.85% | 28.12% | 31.96% | 34.82% | 32.96% | 33.81% | 34.43% | 33.72% |
| Income Tax Expense | $-31.47M | $19.47M | $18.34M | $15.30M | $14.47M | $15.32M | $11.90M | $15.04M | $11.94M | $9.22M |
| Net Income | $78.90M | $68.94M | $72.95M | $51.49M | $45.27M | $47.94M | $36.60M | $26.68M | $21.84M | $16.51M |
| Net Income Ratio | 24.76% | 25.07% | 28.65% | 21.68% | 24.22% | 26.39% | 24.87% | 21.62% | 22.26% | 21.64% |
| EPS | $3.30 | $3.17 | $3.62 | $2.88 | $2.71 | $2.88 | $2.53 | $2.13 | $2.07 | $1.84 |
| EPS Diluted | $3.29 | $3.15 | $3.60 | $2.87 | $2.70 | $2.87 | $2.52 | $2.13 | $2.05 | $1.81 |
| Weighted Average Shares Outstanding | 23.91M | 21.78M | 20.17M | 17.89M | 16.72M | 16.68M | 14.49M | 12.53M | 10.55M | 8.97M |
| Weighted Average Shares Outstanding Diluted | 23.99M | 21.87M | 20.24M | 17.94M | 16.76M | 16.71M | 14.50M | 12.54M | 10.65M | 9.12M |
| SEC Filing | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source |
Balance Sheet
| Breakdown | December 31, 2024 | December 31, 2023 | December 31, 2022 | December 31, 2021 | December 31, 2020 | December 31, 2019 | December 31, 2018 | December 31, 2017 | December 31, 2016 | December 31, 2015 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and Cash Equivalents | $124.64M | $135.55M | $152.43M | $168.60M | $417.28M | $85.08M | $141.40M | $88.88M | $175.90M | $115.78M |
| Short Term Investments | $-25.71M | $7.51M | $1.22B | $1.42B | $879.24M | $750.56M | $732.27M | $578.58M | $619.85M | $518.85M |
| Cash and Short Term Investments | $98.93M | $143.06M | $1.37B | $1.59B | $1.30B | $835.64M | $880.57M | $668.65M | $771.49M | $659.14M |
| Net Receivables | $- | $- | $- | $- | $- | $- | $16.88M | $10.83M | $10.55M | $8.09M |
| Inventory | $- | $- | $-186.52M | $-195.90M | $-441.75M | $-108.93M | $- | $- | $- | $- |
| Other Current Assets | $- | $- | $- | $- | $- | $- | $1.98B | $1.41B | $1.30B | $761.87M |
| Total Current Assets | $98.93M | $143.06M | $1.39B | $1.61B | $1.32B | $851.22M | $2.88B | $2.08B | $2.08B | $1.43B |
| Property Plant Equipment Net | $101.53M | $115.70M | $90.47M | $81.48M | $58.21M | $59.49M | $59.12M | $38.27M | $40.29M | $31.34M |
| Goodwill | $203.39M | $196.46M | $140.41M | $111.85M | $104.99M | $104.99M | $105.28M | $60.15M | $57.79M | $41.01M |
| Intangible Assets | $58.52M | $67.77M | $29.48M | $29.52M | $23.13M | $28.27M | $33.82M | $10.68M | $12.83M | $9.00M |
| Goodwill and Intangible Assets | $261.91M | $264.23M | $169.90M | $141.38M | $128.12M | $133.26M | $139.10M | $70.83M | $70.62M | $50.00M |
| Long Term Investments | $- | $20.83M | $1.22B | $1.43B | $887.17M | $760.22M | $769.28M | $649.60M | $708.72M | $629.06M |
| Tax Assets | $- | $- | $72.25M | $19.82M | $18.89M | $13.61M | $15.51M | $9.94M | $16.07M | $- |
| Other Non-Current Assets | $-261.91M | $7.04B | $-57.95M | $-19.82M | $-18.89M | $-13.61M | $-23.08M | $-11.63M | $-30.71M | $-25.00M |
| Total Non-Current Assets | $101.53M | $7.44B | $1.50B | $1.65B | $1.07B | $952.96M | $959.92M | $757.01M | $804.99M | $685.40M |
| Other Assets | $7.32B | $- | $3.85B | $2.72B | $2.34B | $2.04B | $- | $- | $- | $- |
| Total Assets | $7.52B | $7.59B | $6.74B | $5.99B | $4.73B | $3.84B | $3.84B | $2.84B | $2.88B | $2.11B |
| Account Payables | $5.28M | $5.44M | $3.35M | $1.35M | $2.35M | $2.26M | $1.76M | $602.00K | $535.00K | $356.00K |
| Short Term Debt | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Tax Payables | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Deferred Revenue | $- | $-5.44M | $-396.10M | $-172.49M | $-226.22M | $-247.31M | $-246.57M | $-179.79M | $-194.23M | $- |
| Other Current Liabilities | $- | $- | $-3.35M | $-1.35M | $-2.35M | $-2.26M | $-1.76M | $-602.00K | $-535.00K | $-356.00K |
| Total Current Liabilities | $5.28M | $- | $3.35M | $1.35M | $2.35M | $2.26M | $1.76M | $602.00K | $535.00K | $356.00K |
| Long Term Debt | $368.46M | $349.21M | $578.99M | $200.04M | $188.25M | $137.75M | $156.47M | $94.35M | $82.07M | $40.62M |
| Deferred Revenue Non-Current | $- | $- | $-13.19M | $187.52M | $183.49M | $117.84M | $-40.25M | $-14.91M | $-12.74M | $- |
| Deferred Tax Liabilities Non-Current | $- | $- | $13.19M | $12.52M | $23.75M | $19.91M | $13.86M | $5.72M | $6.61M | $- |
| Other Non-Current Liabilities | $- | $6.44B | $5.53B | $- | $19.00M | $- | $3.21B | $2.44B | $2.52B | $1.87B |
| Total Non-Current Liabilities | $368.46M | $6.79B | $3.35M | $200.04M | $207.25M | $137.75M | $156.47M | $94.35M | $82.07M | $40.62M |
| Other Liabilities | $6.30B | $- | $6.10B | $5.15B | $3.95B | $3.17B | $3.21B | $2.44B | $2.52B | $1.87B |
| Total Liabilities | $6.67B | $6.79B | $6.11B | $5.35B | $4.16B | $3.31B | $3.36B | $2.53B | $2.60B | $1.91B |
| Preferred Stock | $- | $- | $- | $- | $- | $- | $- | $- | $- | $27.40M |
| Common Stock | $100.26M | $99.92M | $86.37M | $76.83M | $71.45M | $71.15M | $70.88M | $54.92M | $54.08M | $38.02M |
| Retained Earnings | $- | $338.66M | $289.28M | $234.16M | $197.73M | $166.67M | $131.39M | $104.68M | $86.22M | $71.71M |
| Accumulated Other Comprehensive Income Loss | $- | $-133.80M | $-151.51M | $-831.00K | $17.09M | $8.36M | $-6.47M | $-2.30M | $-5.76M | $723.00K |
| Other Total Stockholders Equity | $2.18B | $488.42M | $406.95M | $321.21M | $278.98M | $277.67M | $277.31M | $147.12M | $142.93M | $63.91M |
| Total Stockholders Equity | $2.28B | $793.20M | $633.15M | $633.89M | $568.23M | $526.61M | $475.86M | $307.96M | $280.67M | $205.01M |
| Total Equity | $2.28B | $793.20M | $633.15M | $633.89M | $568.23M | $526.61M | $475.86M | $307.96M | $280.67M | $205.01M |
| Total Liabilities and Stockholders Equity | $7.52B | $7.59B | $6.74B | $5.99B | $4.73B | $3.84B | $3.84B | $2.84B | $2.88B | $2.11B |
| Minority Interest | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Total Liabilities and Total Equity | $7.52B | $7.59B | $6.74B | $5.99B | $4.73B | $3.84B | $3.84B | $2.84B | $2.88B | $2.11B |
| Total Investments | $2.13B | $20.83M | $2.44B | $2.85B | $1.77B | $1.51B | $1.49B | $1.23B | $1.31B | $1.12B |
| Total Debt | $368.46M | $409.21M | $578.99M | $200.04M | $207.25M | $137.75M | $156.47M | $94.35M | $82.07M | $40.62M |
| Net Debt | $243.82M | $273.66M | $426.56M | $31.44M | $-210.03M | $52.67M | $15.07M | $5.47M | $-93.83M | $-75.16M |
Cash Flow Statement
| Breakdown | December 31, 2024 | December 31, 2023 | December 31, 2022 | December 31, 2021 | December 31, 2020 | December 31, 2019 | December 31, 2018 | December 31, 2017 | December 31, 2016 | December 31, 2015 |
|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | $78.90M | $68.94M | $72.95M | $51.49M | $45.27M | $47.94M | $36.60M | $26.68M | $21.84M | $16.51M |
| Depreciation and Amortization | $- | $14.13M | $15.06M | $14.45M | $11.72M | $10.84M | $7.88M | $8.13M | $7.94M | $4.44M |
| Deferred Income Tax | $- | $16.74M | $-2.23M | $-3.35M | $-4.96M | $1.89M | $4.28M | $2.50M | $-2.39M | $20.00K |
| Stock Based Compensation | $- | $1.66M | $1.80M | $1.30M | $774.00K | $453.00K | $294.00K | $954.00K | $384.00K | $378.00K |
| Change in Working Capital | $- | $-23.89M | $-24.96M | $-10.72M | $-1.45M | $-1.03M | $-14.33M | $23.00K | $-2.46M | $-1.41M |
| Accounts Receivables | $- | $- | $-6.72M | $2.38M | $-3.71M | $1.30M | $-1.71M | $-279.00K | $-629.00K | $-763.00K |
| Inventory | $- | $- | $- | $-8.26M | $3.67M | $-1.40M | $-12.11M | $1.33M | $-1.07M | $-1.43B |
| Accounts Payables | $- | $- | $1.54M | $-1.81M | $327.00K | $821.00K | $829.00K | $94.00K | $-84.00K | $-54.00K |
| Other Working Capital | $24.61M | $-23.89M | $-19.78M | $-3.04M | $-1.73M | $-1.75M | $-1.34M | $-1.13M | $-671.00K | $1.43B |
| Other Non Cash Items | $-31.67M | $-5.15M | $3.20M | $16.43M | $12.18M | $2.73M | $7.45M | $7.86M | $2.11M | $2.06M |
| Net Cash Provided by Operating Activities | $47.23M | $72.42M | $65.82M | $69.60M | $63.54M | $62.83M | $42.17M | $46.15M | $27.42M | $22.00M |
| Investments in Property Plant and Equipment | $- | $-3.64M | $-5.02M | $-3.70M | $-2.46M | $-4.10M | $-3.11M | $-1.27M | $-709.00K | $-1.76M |
| Acquisitions Net | $- | $44.62M | $67.32M | $27.06M | $-443.76M | $-56.85M | $56.39M | $-110.97M | $36.77M | $276.66M |
| Purchases of Investments | $- | $- | $-12.75M | $-692.23M | $-506.46M | $-188.61M | $-38.85M | $-183.32M | $-266.50M | $-303.69M |
| Sales Maturities of Investments | $- | $450.24M | $185.99M | $238.66M | $388.21M | $215.07M | $68.19M | $232.97M | $270.76M | $132.86M |
| Other Investing Activities | $-7.51M | $-16.84M | $-414.23M | $-52.28M | $2.05M | $2.42M | $-93.57M | $6.63M | $-118.38M | $-93.70M |
| Net Cash Used for Investing Activities | $-7.51M | $474.38M | $-178.69M | $-482.50M | $-562.42M | $-32.07M | $-10.96M | $-55.96M | $-78.06M | $10.37M |
| Debt Repayment | $-40.63M | $-201.14M | $333.89M | $-35.08M | $74.25M | $-24.03M | $-313.00K | $-18.12M | $23.06M | $- |
| Common Stock Issued | $1.05M | $1.00M | $1.24M | $1.94M | $610.00K | $655.00K | $36.65M | $4.40M | $195.00K | $28.22M |
| Common Stock Repurchased | $-659.00K | $-465.00K | $-340.00K | $-326.00K | $-213.00K | $-1.29M | $-138.00K | $-797.00K | $- | $-1.07M |
| Dividends Paid | $-22.37M | $-19.56M | $-17.83M | $-14.72M | $-12.81M | $-11.86M | $-8.79M | $-7.23M | $-6.56M | $-5.49M |
| Other Financing Activities | $21.17M | $-336.01M | $-220.27M | $212.42M | $769.25M | $-50.54M | $-6.09M | $-55.46M | $94.26M | $10.02M |
| Net Cash Used Provided by Financing Activities | $-41.43M | $-556.17M | $96.69M | $164.22M | $831.08M | $-87.08M | $21.31M | $-77.22M | $110.75M | $31.69M |
| Effect of Forex Changes on Cash | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Net Change in Cash | $1.79M | $-9.37M | $-16.17M | $-248.68M | $332.20M | $-56.32M | $52.52M | $-87.02M | $60.12M | $64.05M |
| Cash at End of Period | $11.76M | $143.06M | $152.43M | $168.60M | $417.28M | $85.08M | $141.40M | $88.88M | $175.90M | $115.78M |
| Cash at Beginning of Period | $9.97M | $152.43M | $168.60M | $417.28M | $85.08M | $141.40M | $88.88M | $175.90M | $115.78M | $51.73M |
| Operating Cash Flow | $47.23M | $72.42M | $65.82M | $69.60M | $63.54M | $62.83M | $42.17M | $46.15M | $27.42M | $22.00M |
| Capital Expenditure | $- | $-3.64M | $-5.02M | $-3.70M | $-2.46M | $-4.10M | $-3.11M | $-1.27M | $-709.00K | $-1.76M |
| Free Cash Flow | $47.23M | $68.78M | $60.80M | $65.89M | $61.08M | $58.73M | $39.06M | $44.88M | $26.71M | $20.24M |