First Tax Provision from 2010 to 2025

FMBH Stock  USD 35.99  0.97  2.77%   
First Mid's Tax Provision is increasing with slightly volatile movements from year to year. Tax Provision is predicted to flatten to about 17.2 M. Tax Provision is the amount set aside by First Mid Illinois to cover any estimated taxes for the current period. It reflects First Mid's expected tax liabilities. View All Fundamentals
 
Tax Provision  
First Reported
2019-03-31
Previous Quarter
5.9 M
Current Value
6.2 M
Quarterly Volatility
1.4 M
 
Covid
Check First Mid financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among First Mid's main balance sheet or income statement drivers, such as Depreciation And Amortization of 21.8 M, Interest Expense of 135.1 M or Selling General Administrative of 134 M, as well as many indicators such as Price To Sales Ratio of 4.27, Dividend Yield of 0.017 or PTB Ratio of 0.37. First financial statements analysis is a perfect complement when working with First Mid Valuation or Volatility modules.
  
Check out the analysis of First Mid Correlation against competitors.

Latest First Mid's Tax Provision Growth Pattern

Below is the plot of the Tax Provision of First Mid Illinois over the last few years. It is the amount set aside by a company to cover any estimated taxes for the current period. It reflects the company's expected tax liabilities. First Mid's Tax Provision historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in First Mid's overall financial position and show how it may be relating to other accounts over time.
Tax Provision10 Years Trend
Slightly volatile
   Tax Provision   
       Timeline  

First Tax Provision Regression Statistics

Arithmetic Mean13,738,229
Geometric Mean13,038,349
Coefficient Of Variation34.69
Mean Deviation3,844,104
Median14,472,000
Standard Deviation4,766,452
Sample Variance22.7T
Range16.3M
R-Value0.88
Mean Square Error5.3T
R-Squared0.78
Slope885,760
Total Sum of Squares340.8T

First Tax Provision History

202517.2 M
202425.5 M
202319.5 M
202218.3 M
202115.3 M
202014.5 M
201915.3 M

About First Mid Financial Statements

Investors use fundamental indicators, such as First Mid's Tax Provision, to determine how well the company is positioned to perform in the future. Although First Mid's investors may analyze each financial statement separately, they are all interrelated. Understanding these patterns can help investors make the right trading decisions.
Last ReportedProjected for Next Year
Tax Provision25.5 M17.2 M

Currently Active Assets on Macroaxis

When determining whether First Mid Illinois offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of First Mid's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of First Mid Illinois Stock. Outlined below are crucial reports that will aid in making a well-informed decision on First Mid Illinois Stock:
Check out the analysis of First Mid Correlation against competitors.
You can also try the Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.
Is Regional Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of First Mid. If investors know First will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about First Mid listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.059
Dividend Share
0.94
Earnings Share
3.3
Revenue Per Share
13.419
Quarterly Revenue Growth
0.038
The market value of First Mid Illinois is measured differently than its book value, which is the value of First that is recorded on the company's balance sheet. Investors also form their own opinion of First Mid's value that differs from its market value or its book value, called intrinsic value, which is First Mid's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because First Mid's market value can be influenced by many factors that don't directly affect First Mid's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between First Mid's value and its price as these two are different measures arrived at by different means. Investors typically determine if First Mid is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, First Mid's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.