First Mid Bancshares, Inc. (FMBH) operates as the holding company for First Mid Bank & Trust, N.A., which provides a range of commercial banking and wealth management services to businesses and individuals in Illinois and Indiana. The company has a strong credit culture and risk management practices, along with its large branch network, which has helped it maintain a solid financial position. As of September 30, 2021, First Mid Bancshares, Inc. had total assets of $5.04 billion.
Comps: Metropolitan Bank Holding Corp. (NYSE:MCB), Capital City Bank Group, Inc. (Nasdaq:CCBG)
First Mid Bancshares is a notable player in the banking industry, setting itself apart from similar firms in its market capitalization range. In comparison to Metropolitan Bank Holding Corp. and Capital City Bank Group, First Mid Bancshares boasts superior performance in key areas such as price-to-earnings ratio, profit margin, return on equity, revenue, net income, and yield. Additionally, its impressive earnings per share of 3.6 outperforms that of Capital City Bank Group. Overall, these compelling metrics make First Mid Bancshares an attractive investment opportunity.