First Mid Illinois Bancshares Inc

Company Profile

First Mid Illinois Bancshares Inc had its IPO on 1999-03-16 under the ticker symbol FMBH.

The company operates in the Financial Services sector and Banks-Regional industry. First Mid Illinois Bancshares Inc has a staff strength of 988 employees.

Stock update

Shares of First Mid Illinois Bancshares Inc opened at $24.54 at the start of the last trading session i.e. 2023-06-02.

The stocks traded within a range of $24.5 - $25.12, and closed at $24.82.

This is a +2.6% increase from the previous day's closing price.

A total volume of 100,042 shares were traded at the close of the day’s session.

In the last one week, shares of First Mid Illinois Bancshares Inc have increased by +1.06%.

First Mid Illinois Bancshares Inc's Key Ratios

First Mid Illinois Bancshares Inc has a market cap of $496.59 million, indicating a price to book ratio of 1.1183 and a price to sales ratio of 2.6122.

In the last 12-months First Mid Illinois Bancshares Inc’s revenue was $258.98 million with a gross profit of $254.15 million and an EBITDA of $0. The EBITDA ratio measures First Mid Illinois Bancshares Inc's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, First Mid Illinois Bancshares Inc’s operating margin was 39.99% while its return on assets stood at 1.13% with a return of equity of 11.37%.

In Q1, First Mid Illinois Bancshares Inc’s quarterly earnings growth was a positive 8.1% while revenue growth was a positive 7.8%.

First Mid Illinois Bancshares Inc’s PE and PEG Ratio

Forward PE

8.7796

Trailing PE

6.5913

PEG

1.88

Its diluted EPS in the last 12-months stands at $3.67 per share while it has a forward price to earnings multiple of 8.7796 and a PEG multiple of 1.88. A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into First Mid Illinois Bancshares Inc’s profitability.

First Mid Illinois Bancshares Inc stock is trading at a EV to sales ratio of 0 and a EV to EBITDA ratio of 0. Its price to sales ratio in the trailing 12-months stood at 2.6122.

First Mid Illinois Bancshares Inc stock pays annual dividends of $0.91 per share, indicating a yield of 3.83% and a payout ratio of 25%.

Balance sheet and cash flow metrics

Total Assets

$6.68 billion

Total Liabilities

$5.04 billion

Operating Cash Flow

$89.73 million

Capital Expenditure

$941000

Dividend Payout Ratio

25%

First Mid Illinois Bancshares Inc ended 2023 with $6.68 billion in total assets and $0 in total liabilities. Its intangible assets were valued at $6.68 billion while shareholder equity stood at $661.87 million.

First Mid Illinois Bancshares Inc ended 2023 with $0 in deferred long-term liabilities, $5.04 billion in other current liabilities, 86636000.00 in common stock, $303.77 million in retained earnings and $140.41 million in goodwill. Its cash balance stood at $169.13 million and cash and short-term investments were $169.13 million. The company’s total short-term debt was $0 while long-term debt stood at $709.02 million.

First Mid Illinois Bancshares Inc’s total current assets stands at $169.13 million while long-term investments were $1.22 billion and short-term investments were $0. Its net receivables were $28.73 million compared to accounts payable of $4.73 million and inventory worth $0.

In 2023, First Mid Illinois Bancshares Inc's operating cash flow was $89.73 million while its capital expenditure stood at $941000.

Comparatively, First Mid Illinois Bancshares Inc paid $0.25 in dividends in 2023.

Other key metrics

Current Trading Price

$24.82

52-Week High

$38.4344

52-Week Low

$21.5537

Analyst Target Price

$32.17

First Mid Illinois Bancshares Inc stock is currently trading at $24.82 per share. It touched a 52-week high of $38.4344 and a 52-week low of $38.4344. Analysts tracking the stock have a 12-month average target price of $32.17.

Its 50-day moving average was $24.89 and 200-day moving average was $30.55 The short ratio stood at 7.33 indicating a short percent outstanding of 0%.

Around 1472% of the company’s stock are held by insiders while 3659.5% are held by institutions.