First Mid Illinois Stock Net Income

FMBH Stock  USD 42.18  0.09  0.21%   
First Mid Illinois fundamentals help investors to digest information that contributes to First Mid's financial success or failures. It also enables traders to predict the movement of First Stock. The fundamental analysis module provides a way to measure First Mid's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to First Mid stock.
Last ReportedProjected for Next Year
Net Income68.9 M72.4 M
Net Income Applicable To Common Shares83.9 M88.1 M
Net Income From Continuing Ops68.9 M39.1 M
Net Income Per Share 3.17  3.32 
Net Income Per E B T 0.78  0.54 
As of now, First Mid's Net Income is increasing as compared to previous years. The First Mid's current Net Income Applicable To Common Shares is estimated to increase to about 88.1 M, while Net Income From Continuing Ops is projected to decrease to under 39.1 M.
  
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First Mid Illinois Company Net Income Analysis

First Mid's Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.

Net Income

 = 

(Rev + Gain)

-

(Exp + Loss)

More About Net Income | All Equity Analysis

Current First Mid Net Income

    
  68.94 M  
Most of First Mid's fundamental indicators, such as Net Income, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, First Mid Illinois is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

First Net Income Driver Correlations

Understanding the fundamental principles of building solid financial models for First Mid is extremely important. It helps to project a fair market value of First Stock properly, considering its historical fundamentals such as Net Income. Since First Mid's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of First Mid's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of First Mid's interrelated accounts and indicators.

First Net Income Historical Pattern

Today, most investors in First Mid Stock are looking for potential investment opportunities by analyzing not only static indicators but also various First Mid's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's net income growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of First Mid net income as a starting point in their analysis.
   First Mid Net Income   
       Timeline  
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
Competition

First Accumulated Other Comprehensive Income

Accumulated Other Comprehensive Income

(127.11 Million)

As of now, First Mid's Accumulated Other Comprehensive Income is decreasing as compared to previous years.
Based on the recorded statements, First Mid Illinois reported net income of 68.94 M. This is 94.6% lower than that of the Banks sector and significantly higher than that of the Financials industry. The net income for all United States stocks is 87.93% higher than that of the company.

First Net Income Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses First Mid's direct or indirect competition against its Net Income to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of First Mid could also be used in its relative valuation, which is a method of valuing First Mid by comparing valuation metrics of similar companies.
First Mid is currently under evaluation in net income category among its peers.

First Mid Current Valuation Drivers

We derive many important indicators used in calculating different scores of First Mid from analyzing First Mid's financial statements. These drivers represent accounts that assess First Mid's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of First Mid's important valuation drivers and their relationship over time.
201920202021202220232024 (projected)
Market Cap587.8M562.7M765.4M647.0M754.9M792.6M
Enterprise Value640.5M352.7M796.8M1.1B1.0B1.1B

First Mid ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, First Mid's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to First Mid's managers, analysts, and investors.
Environmental
Governance
Social

First Mid Institutional Holders

Institutional Holdings refers to the ownership stake in First Mid that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of First Mid's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing First Mid's value.
Shares
Northern Trust Corp2024-09-30
211.1 K
Kennedy Capital Management Inc2024-09-30
177.7 K
Charles Schwab Investment Management Inc2024-09-30
175.3 K
Goldman Sachs Group Inc2024-06-30
148.8 K
Siena Capital Management, Llc2024-09-30
128.4 K
Deprince Race & Zollo Inc2024-09-30
123.7 K
Bank Of New York Mellon Corp2024-06-30
118 K
Bridgeway Capital Management, Llc2024-09-30
111.6 K
Jpmorgan Chase & Co2024-06-30
107.3 K
Blackrock Inc2024-06-30
1.8 M
Vanguard Group Inc2024-09-30
1.3 M

First Fundamentals

About First Mid Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze First Mid Illinois's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of First Mid using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of First Mid Illinois based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

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 First Mid Piotroski F Score and First Mid Altman Z Score analysis.
You can also try the Share Portfolio module to track or share privately all of your investments from the convenience of any device.
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
0.191
Dividend Share
0.93
Earnings Share
3.24
Revenue Per Share
13.247
Quarterly Revenue Growth
0.173
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.