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Upturn AI SWOT - About
FMBH 
First Mid Illinois Bancshares Inc (FMBH)
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Upturn Advisory Summary
04/01/2025: FMBH (1-star) is currently NOT-A-BUY. Pass it for now.
Upturn Star Rating
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
AI Based Fundamental Rating
Below Average Performance
These Stocks/ETFs, based on Upturn Advisory, often underperform the market, warranting careful consideration before investing.
Analysis of Past Performance
Type Stock | Historic Profit -20.93% | Avg. Invested days 31 | Today’s Advisory PASS |
Upturn Star Rating | Upturn Advisory Performance  2.0 | Stock Returns Performance  1.0 |
| Profits based on simulation | Last Close 04/01/2025 |
Key Highlights
Company Size Small-Cap Stock | Market Capitalization 840.58M USD | Price to earnings Ratio 10.62 | 1Y Target Price 43.86 |
Price to earnings Ratio 10.62 | 1Y Target Price 43.86 | ||
Volume (30-day avg) 66838 | Beta 0.87 | 52 Weeks Range 28.14 - 43.58 | Updated Date 04/2/2025 |
52 Weeks Range 28.14 - 43.58 | Updated Date 04/2/2025 | ||
Dividends yield (FY) 2.76% | Basic EPS (TTM) 3.3 |
Earnings Date
Report Date - | When - | Estimate - | Actual - |
Profitability
Profit Margin 24.7% | Operating Margin (TTM) 36.48% |
Management Effectiveness
Return on Assets (TTM) 1.05% | Return on Equity (TTM) 9.62% |
Valuation
Trailing PE 10.62 | Forward PE 12.05 | Enterprise Value 1283260032 | Price to Sales(TTM) 2.63 |
Enterprise Value 1283260032 | Price to Sales(TTM) 2.63 | ||
Enterprise Value to Revenue 3.77 | Enterprise Value to EBITDA - | Shares Outstanding 23982300 | Shares Floating 20614734 |
Shares Outstanding 23982300 | Shares Floating 20614734 | ||
Percent Insiders 14.47 | Percent Institutions 45.25 |
Analyst Ratings
Rating 3.86 | Target Price 45.86 | 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 the First National Bank of Mattoon. Over time, it grew through acquisitions and organic expansion, becoming First Mid Illinois Bancshares, a financial holding company.
Core Business Areas
- Commercial Banking: Provides a range of lending and deposit services to businesses, including commercial real estate lending, equipment financing, and working capital lines of credit.
- Retail Banking: Offers checking and savings accounts, mortgages, consumer loans, and other financial services to individuals and families.
- Wealth Management: Provides trust, investment management, and financial planning services to individuals, families, and institutions.
- Insurance Services: Offers various insurance products and services.
Leadership and Structure
The company is led by a board of directors and executive management team. Joe Dively is the Chairman and CEO. It operates through a regional bank structure with branches across Illinois, Missouri, and Indiana.
Top Products and Market Share
Key Offerings
- Commercial Loans: Loans to businesses for various purposes. First Mid is a regional player in the Midwest market. Competitors include larger national and regional banks.
- Residential Mortgages: Mortgages to individuals for home purchases. Competitors include national mortgage lenders and other regional banks.
- Wealth Management Services: Investment advice and management. Competitors include national brokerage firms and independent advisors.
Market Dynamics
Industry Overview
The banking industry is currently facing challenges from rising interest rates, increased regulatory scrutiny, and competition from fintech companies. Consolidation is also a key trend.
Positioning
First Mid is a regional bank focusing on community banking and relationship-based services. Its competitive advantage lies in its local market knowledge and personalized service.
Total Addressable Market (TAM)
The TAM for banking services in the Midwest is significant. First Mid is positioned to capture a portion of this market by focusing on its regional presence and customer relationships.
Upturn SWOT Analysis
Strengths
- Strong regional presence
- Customer relationships
- Experienced management team
- Diverse product offerings
Weaknesses
- Limited geographic reach compared to national banks
- Susceptibility to regional economic conditions
- Higher operating expenses compared to larger banks.
- Slower tech adoption compared to larger banks
Opportunities
- Expansion into new markets within the Midwest
- Increased demand for wealth management services
- Growth in commercial lending
- Strategic acquisitions
Threats
- Rising interest rates
- Increased regulatory scrutiny
- Competition from fintech companies
- Economic downturns
Competitors and Market Share
Key Competitors
- HBNC
- WAFD
- MTB
- CMA
Competitive Landscape
First Mid competes with larger national banks and other regional banks. Its competitive advantage lies in its local market knowledge and personalized service. Disadvantages are in tech implementation and scale.
Major Acquisitions
Linco Bancshares, Inc.
- Year: 2020
- Acquisition Price (USD millions): 83.4
- Strategic Rationale: The acquisition expanded First Midu2019s presence into the St. Louis market.
Sovereign Bancorp, Inc.
- Year: 2024
- Acquisition Price (USD millions): 157.8
- Strategic Rationale: The acquisition expanded First Midu2019s presence into central Illinois.
Growth Trajectory and Initiatives
Historical Growth: First Mid has grown steadily over the past several years through acquisitions and organic expansion.
Future Projections: Analysts project continued growth in revenue and earnings due to the bank's strong regional presence and diversified business lines.
Recent Initiatives: Recent initiatives include expanding wealth management services and investing in technology to improve customer experience.
Summary
First Mid Illinois Bancshares is a financially stable regional bank with a strong presence in the Midwest. The company's growth trajectory is positive, driven by strategic acquisitions and organic expansion. However, it faces challenges from rising interest rates, competition from larger banks, and fintech companies. First Mid should focus on enhancing its technological capabilities and expanding its geographic reach to maintain its competitive edge.
Similar Companies
CMA
Comerica Inc
CMA
Comerica Inc
HBNC
Horizon Bancorp
HBNC
Horizon Bancorp
MTB
M&T Bank Corporation
MTB
M&T Bank Corporation
WAFD
Washington Federal Inc
WAFD
Washington Federal Inc
Sources and Disclaimers
Data Sources:
- Company reports
- Financial news articles
- Analyst estimates
Disclaimers:
This analysis is for informational purposes only and should not be considered investment advice.
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 1198 | Website https://www.firstmid.com |
Full time employees 1198 | 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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