FIRST MID BANCSHARES, INC. (FMBH)

First Mid Bancshares, Inc. is a financial holding company, which engages in the provision of banking services through its subsidiaries. It operates through the following lines of business: Community Banking, Wealth Management, and Insurance Brokerage. The Community Banking business line, which is operated by First Mid-Illinois Bank & Trust, serves commercial, retail, and agricultural customers with a broad array of deposit and loan related products. The Wealth Management business line offers estate planning, investment, and farm management services for individuals and employee benefit services for business enterprises. The Insurance Brokerage business line provides commercial lines insurance to businesses as well as homeowner, automobile, health, life, and other types of personal lines insurance to individuals. The company was founded on September 8, 1981 and is headquartered in Mattoon, IL.

Address

1515 CHARLESTON AVE
MATTOON, IL 61938

Founded

1981

Number of Employees

1,187

Buyback

Buyback Data 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 Average
$ Amount Purchased
($ in 000s)
$1,763 $1,065 - $797 $138 $1,292 $213 $326 $341 $466 - $711
Average Price $21.33 $20.01 - $38.45 $35.35 $32.29 $33.92 $42.00 $31.98 $34.56 - $26.81
# Shares Purchased 82,680 53,246 - 20,734 3,900 40,026 6,288 7,752 10,647 13,481 - 26,528
Buyback Performance 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 Average
Total Return to Date 82.9% 94.9% - 1.4% 10.3% 20.8% 15.0% -7.1% 21.9% 12.8% - 45.5%
S&P 500 Return to Date 181.9% 173.0% - 129.7% 104.9% 93.1% 74.8% 31.7% 37.3% 31.3% - 95.3%
Excess Total Return -99.0% -78.1% - -128.3% -94.5% -72.3% -59.9% -38.8% -15.3% -18.5% - -49.8%
Quartile Rank
Percentile Rank 55% 58% - 38% 41% 47% 38% 40% 65% 53% - 69%
Buyback returns calculated using weighted average buyback price over the last 10 years and comparing to current day stock price value. S&P 500 used as benchmark for excess return.