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: $372M

Net Income: $97M

EV

$2B

Valuation Multiples

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First Mid Bancshares Financials

First Mid Bancshares reported last 12-month revenue of $372M.

In the same LTM period, First Mid Bancshares generated $97M in net income.

First Mid Bancshares P&L

In the most recent fiscal year, First Mid Bancshares reported revenue of $354M and net income of $92M.

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

First Mid Bancshares Stock Performance

First Mid Bancshares has current market cap of $1B, and enterprise value of $2B.

First Mid Bancshares' stock price is $43.96.

First Mid Bancshares Valuation Multiples

First Mid Bancshares trades at 4.1x EV/Revenue multiple.

First Mid Bancshares Financial Valuation Multiples

As of April 11, 2026, First Mid Bancshares has market cap of $1B and EV of $2B.

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

First Mid Bancshares has a P/E ratio of 12.1x.

First Mid Bancshares Margins & Growth Rates

First Mid Bancshares' revenue in the last 12 month grew by 15%.

First Mid Bancshares' revenue per employee in the last FY averaged $0.3M, while opex per employee averaged $0.2M for the same period.

First Mid Bancshares Public Comps

See public comps and valuation multiples for other Commercial Banking comps.

First Mid Bancshares M&A Activity

First Mid Bancshares acquired XXX companies to date.

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

First Mid Bancshares Investment Activity

First Mid Bancshares invested in XXX companies to date.

First Mid Bancshares made its latest investment on XXXXXXXX, XXXXX. First Mid Bancshares invested in XXXXXXXX for XXX (EV/Revenue multiple of XXX).