First Mid Bancshares Valuation Multiples

First Mid Bancshares Overview

About First Mid Bancshares

First Mid Bancshares Inc is a United States based financial holding company. Through its wholly-owned subsidiary, First Mid Bank, it is engaged in the business of banking. The Company offers trust, farm services, investment services, and retirement planning through its wholly owned subsidiary, it also provides data processing services to affiliates and insurance products and services to customers through its subsidiary. The company's operations cover community banking, wealth management and insurance services. Key revenue is derived from the provision of community banking services.

Founded

1981

HQ

Employees

1.2K+

Website

firstmid.com

Sectors

Commercial Banking

Financials

LTM Revenue $342M

Last FY EBITDA n/a

EV

$1.3B

Valuation Multiples

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First Mid Bancshares Financials

First Mid Bancshares has a last 12-month revenue (LTM) of $342M and a last 12-month EBITDA of n/a.

In the most recent fiscal year, First Mid Bancshares achieved revenue of $319M and an EBITDA of n/a.

First Mid Bancshares expects next 12-month revenue of  XXX    and NTM EBITDA of  XXX

First Mid Bancshares P&L

Financial data powered by Morningstar, Inc.

First Mid Bancshares Stock Performance

As of August 15, 2025, First Mid Bancshares's stock price is $38.

First Mid Bancshares has current market cap of $902M, and EV of $1.3B.

First Mid Bancshares Stock Data

First Mid Bancshares Valuation Multiples

As of August 15, 2025, First Mid Bancshares has market cap of $902M and EV of $1.3B.

First Mid Bancshares's trades at 4.0x EV/Revenue multiple, and n/a EV/EBITDA.

Equity research analysts estimate First Mid Bancshares's 2025E EV/Revenue multiple at  XXX and 2025E EV/EBITDA multiple at  XXX

First Mid Bancshares has a P/E ratio of 10.3x.

First Mid Bancshares Financial Valuation Multiples

Valuation data powered by FactSet, Inc. and Morningstar, Inc.

First Mid Bancshares Margins & Growth Rates

First Mid Bancshares's last 12 month revenue growth is 6%

First Mid Bancshares's revenue per employee in the last FY averaged $0.3M, while opex per employee averaged n/a for the same period.

First Mid Bancshares's rule of 40 is unknown (metric relevant for SaaS companies only, counted as combined revenue growth rate and EBITDA margin).

First Mid Bancshares's rule of X is unknown (created by Bessemer, rule of X is another metric relevant for SaaS companies only, ~1.5x stronger vs. the traditional Rule of 40, counted as revenue growth rate multiplied by 2.5 plus EBITDA margin).

First Mid Bancshares Operational Valuation Multiples

Valuation data powered by FactSet, Inc. and Morningstar, Inc.

First Mid Bancshares Public Comps

Valuation data powered by FactSet, Inc.

First Mid Bancshares M&A and Investment Activity

First Mid Bancshares acquired  XXX companies to date.

Last acquisition by First Mid Bancshares was  XXXXXXXX, XXXXX XXXXX XXXXXX . First Mid Bancshares acquired  XXXXXXXX for  XXX (EV/Revenue multiple of  XXX ).

Latest Acquisitions by First Mid Bancshares

About First Mid Bancshares