FMBH First Mid Bancshares PE ratio, current and historical analysis
- Stocks
- Financial Services
- NASDAQ: FMBH
- PE Ratio
As of Jun 4, 2025, the First Mid Bancshares stock's P/E ratio is 10.53. This takes into account the latest EPS of $3.38 and stock price of $35.59. The PE ratio has decreased by 4% from its last 4 quarters average of 11.0.
FMBH PE ratio history
The PE ratio of First Mid Bancshares has averaged 12.62 over the last ten years. The current price-to-earnings ratio of 10.53 is 17% less than the historical average. Analyzing the last ten years, FMBH's PE ratio reached its highest point in the Mar 2021 quarter at 18.69, when the price was $43.93 and the EPS was $2.35. The lowest point was recorded in the Jun 2023 quarter, when it reached 6.63 with a price of $24.14 and an EPS of $3.64.
First Mid Bancshares PE ratio by year
Maximum annual increase: 43.16% in 2015
Maximum annual decrease: -40.38% in 2022
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| 2024 | 11.12 | 1.74% | $36.82 | $3.31 |
| 2023 | 10.93 | 23.36% | $34.66 | $3.17 |
| 2022 | 8.86 | -40.38% | $32.08 | $3.62 |
| 2021 | 14.86 | 19.65% | $42.79 | $2.88 |
| 2020 | 12.42 | 1.47% | $33.66 | $2.71 |
| 2019 | 12.24 | -3.01% | $35.25 | $2.88 |
| 2018 | 12.62 | -30.24% | $31.92 | $2.53 |
| 2017 | 18.09 | 10.1% | $38.54 | $2.13 |
| 2016 | 16.43 | 16.28% | $34 | $2.07 |
| 2015 | 14.13 | 43.16% | $26 | $1.84 |
| 2014 | 9.87 | -21.91% | $18.55 | $1.88 |
| 2013 | 12.64 | -9.97% | $22 | $1.74 |
| 2012 | 14.04 | -1.82% | $22.75 | $1.62 |
| 2011 | 14.3 | -11.29% | $18.45 | $1.29 |
| 2010 | 16.12 | -4.22% | $17.25 | $1.07 |
First Mid Bancshares PE ratio by quarter (TTM)
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| Mar 2025 | 10.33 | -7.1% | $34.9 | $3.38 |
| Dec 2024 | 11.12 | -6.87% | $36.82 | $3.31 |
| Sep 2024 | 11.94 | 13.71% | $38.91 | $3.26 |
| Jun 2024 | 10.5 | -0.1% | $32.88 | $3.13 |
| Mar 2024 | 10.51 | -3.84% | $32.68 | $3.11 |
| Dec 2023 | 10.93 | 41.58% | $34.66 | $3.17 |
| Sep 2023 | 7.72 | 16.44% | $26.56 | $3.44 |
| Jun 2023 | 6.63 | -9.92% | $24.14 | $3.64 |
| Mar 2023 | 7.36 | -16.93% | $27.22 | $3.7 |
| Dec 2022 | 8.86 | -1.66% | $32.08 | $3.62 |
| Sep 2022 | 9.01 | -7.02% | $31.97 | $3.55 |
| Jun 2022 | 9.69 | -12.15% | $35.67 | $3.68 |
| Mar 2022 | 11.03 | -25.77% | $38.49 | $3.49 |
| Dec 2021 | 14.86 | -0.87% | $42.79 | $2.88 |
| Sep 2021 | 14.99 | -10.45% | $41.06 | $2.74 |
FMBH Price vs fair value
FMBH average PE ratio chart
Currently, FMBH's PE ratio is higher than the 3-year average, but it is under its 5 and 10-year averages.
FMBH PE vs peers
FMBH's PE ratio is less than its peer stocks HOMB and RNST, but it is above FCNCA's and STBA's. First Mid Bancshares's current PE ratio of 10.53 is less than the average of its peers, which is 12.85.
| Stock name | PE ratio | Market cap |
|---|---|---|
| STBA S&T Bancorp Inc | 10.45 | $1.39B |
| FCNCA First Citizens Bancshares Inc | 10.47 | $24.3B |
| FMBH First Mid Bancshares Inc | 10.53 | $853.77M |
| RNST Renasant Corp | 10.84 | $3.31B |
| OVBC Ohio Valley Banc Corp | 11.67 | $147.36M |
| TMP Tompkins Financial Corp | 11.75 | $877.04M |
| HOMB Home Bancshares Inc | 13.39 | $5.53B |
| FCBC First Community Bankshares Inc | 13.54 | $680.53M |
| GABC German American Bancorp Inc | 15.13 | $1.41B |
| BOH Bank Of Hawaii Corp | 18.37 | $2.62B |
| MOFG MidWestOne Financial Group Inc | N/A | $587.04M |
Frequently asked questions
What is First Mid Bancshares's PE ratio?
FMBH stock has a price to earnings ratio of 10.53 as of Jun 4, 2025.
What is the 3-year average PE ratio for First Mid Bancshares (FMBH)?
The average PE ratio for FMBH stock over the past 3 years is 9.55.
What is the 5-year average PE ratio for First Mid Bancshares (FMBH)?
The average PE ratio for FMBH stock over the past 5 years is 11.14.
What is the highest PE ratio for FMBH?
The highest quarterly PE ratio in the last ten years has been 18.69 and it was in the Mar 2021 quarter.
How does the current PE ratio for FMBH compare to its historical average?
FMBH's price to earnings ratio is currently 17% below its 10-year historical average.
How is FMBH's PE ratio calculated (First Mid Bancshares PE ratio formula)?
The P/E ratio is calculated by dividing the latest price of a stock by its trailing twelve months EPS. As of today (Jun 4, 2025), First Mid Bancshares's share price is $35.59. The company's earnings per share for the trailing twelve months (TTM) ending Mar 2025 is $3.38. Therefore, First Mid Bancshares's price to earnings ratio for today is 10.53. PE RATIO(10.53) = STOCK PRICE($35.59) / TTM EPS($3.38)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.