First Mid Bancshares (NASDAQ:FMBH – Get Free Report) is one of 919 publicly-traded companies in the “Banks” industry, but how does it contrast to its rivals? We will compare First Mid Bancshares to related companies based on the strength of its institutional ownership, dividends, earnings, analyst recommendations, profitability, risk and valuation.
Profitability
This table compares First Mid Bancshares and its rivals’ net margins, return on equity and return on assets.
| Net Margins | Return on Equity | Return on Assets | |
| First Mid Bancshares | 20.87% | 11.41% | 1.35% |
| First Mid Bancshares Competitors | 15.64% | 9.43% | 0.93% |
Dividends
First Mid Bancshares pays an annual dividend of $1.04 per share and has a dividend yield of 2.0%. First Mid Bancshares pays out 24.0% of its earnings in the form of a dividend. As a group, “Banks” companies pay a dividend yield of 8.9% and pay out 28.9% of their earnings in the form of a dividend. First Mid Bancshares has raised its dividend for 3 consecutive years.
Volatility and Risk
First Mid Bancshares has a beta of 0.8, indicating that its share price is 20% less volatile than the S&P 500. Comparatively, First Mid Bancshares’ rivals have a beta of 0.61, indicating that their average share price is 39% less volatile than the S&P 500.
Analyst Ratings
This is a summary of recent ratings and recommmendations for First Mid Bancshares and its rivals, as reported by MarketBeat.com.
| Sell Ratings | Hold Ratings | Buy Ratings | Strong Buy Ratings | Rating Score | |
| First Mid Bancshares | 0 | 2 | 3 | 1 | 2.83 |
| First Mid Bancshares Competitors | 7492 | 30250 | 27848 | 1488 | 2.35 |
First Mid Bancshares currently has a consensus target price of $55.50, suggesting a potential upside of 8.21%. As a group, “Banks” companies have a potential upside of 14.26%. Given First Mid Bancshares’ rivals higher possible upside, analysts plainly believe First Mid Bancshares has less favorable growth aspects than its rivals.
Valuation & Earnings
This table compares First Mid Bancshares and its rivals top-line revenue, earnings per share and valuation.
| Gross Revenue | Net Income | Price/Earnings Ratio | |
| First Mid Bancshares | $392.48 million | $91.75 million | 11.82 |
| First Mid Bancshares Competitors | $37.85 billion | $2.42 billion | 21.33 |
First Mid Bancshares’ rivals have higher revenue and earnings than First Mid Bancshares. First Mid Bancshares is trading at a lower price-to-earnings ratio than its rivals, indicating that it is currently more affordable than other companies in its industry.
Institutional & Insider Ownership
47.6% of First Mid Bancshares shares are owned by institutional investors. Comparatively, 47.8% of shares of all “Banks” companies are owned by institutional investors. 6.0% of First Mid Bancshares shares are owned by insiders. Comparatively, 9.7% of shares of all “Banks” companies are owned by insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a company is poised for long-term growth.
Summary
First Mid Bancshares beats its rivals on 8 of the 15 factors compared.
First Mid Bancshares Company Profile
First Mid Bancshares, Inc. is a financial holding company headquartered in Mattoon, Illinois. Its principal subsidiary, First Mid Bank & Trust, provides personal and business banking services, including deposit accounts, lending, mortgage financing and agricultural banking. The company also offers wealth management and trust services, along with insurance products through its insurance businesses. Its operations serve customers in Illinois and other markets in the Midwest, as well as Texas. First Mid traces its roots to 1865, when a bank was established in Mattoon.
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