FMBH
First Mid Illinois Bancshares Inc
NASDAQ: FMBH · FINANCIAL SERVICES · BANKS - REGIONAL
$42.09
-2.12% today
Updated 2026-04-30
Market cap
$1.15B
P/E ratio
11.25
P/S ratio
3.38x
EPS (TTM)
$3.83
Dividend yield
2.27%
52W range
$32 – $45
Volume
0.1M
First Mid Illinois Bancshares Inc (FMBH) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $68.94M | $74.59M | $72.33M | $64.86M | $64.70M | $72.56M | $74.08M | $72.80M | $73.10M | $79.80M | $100.41M | $127.50M | $157.01M | $202.25M | $201.37M | $249.66M | $286.27M | $300.17M | $447.28M | $466.04M |
| Revenue growth (YoY) | — | +8.2% | -3.0% | -10.3% | -0.2% | +12.1% | +2.1% | -1.7% | +0.4% | +9.2% | +25.8% | +27.0% | +23.1% | +28.8% | -0.4% | +24.0% | +14.7% | +4.9% | +49.0% | +4.2% |
| Cost of revenue | $25.47M | $29.29M | $24.90M | $19.43M | $14.49M | $11.61M | $8.80M | $5.73M | $3.88M | $4.82M | $7.12M | $13.94M | $21.49M | $30.48M | $32.83M | $30.41M | $36.42M | $86.79M | $134.29M | $126.75M |
| Gross profit | $43.46M | $45.30M | $47.43M | $45.43M | $50.21M | $60.95M | $65.27M | $67.07M | $69.22M | $74.98M | $93.30M | $113.55M | $135.51M | $171.77M | $168.54M | $219.25M | $249.85M | $300.17M | $313.00M | $339.30M |
| Gross margin | 63.0% | 60.7% | 65.6% | 70.0% | 77.6% | 84.0% | 88.1% | 92.1% | 94.7% | 94.0% | 92.9% | 89.1% | 86.3% | 84.9% | 83.7% | 87.8% | 87.3% | 100.0% | 70.0% | 72.8% |
| R&D | — | — | — | — | — | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | — | — | — | — | — | — | — |
| SG&A | $15.42M | $16.41M | $17.43M | $19.34M | $20.16M | $23.41M | $24.31M | $24.96M | $25.57M | $27.24M | $33.32M | $40.66M | $47.86M | $62.80M | $67.76M | $91.26M | $100.40M | $111.31M | $127.60M | $171.19M |
| Operating income | $15.04M | $15.25M | $15.97M | $12.22M | $13.28M | $17.90M | $22.43M | $23.57M | $24.71M | $25.73M | $33.78M | $41.73M | $48.51M | $63.27M | $59.74M | $66.79M | $91.29M | $88.41M | $104.40M | $117.05M |
| Operating margin | 21.8% | 20.4% | 22.1% | 18.8% | 20.5% | 24.7% | 30.3% | 32.4% | 33.8% | 32.2% | 33.6% | 32.7% | 30.9% | 31.3% | 29.7% | 26.8% | 31.9% | 29.5% | 23.3% | 25.1% |
| EBITDA | $16.71M | $17.09M | $18.20M | $15.29M | $17.22M | $23.30M | $27.84M | $28.23M | $28.68M | $30.17M | $41.72M | $49.86M | $56.39M | $74.11M | $71.46M | $81.24M | $106.35M | $88.41M | $125.17M | $117.05M |
| EBITDA margin | 24.2% | 22.9% | 25.2% | 23.6% | 26.6% | 32.1% | 37.6% | 38.8% | 39.2% | 37.8% | 41.5% | 39.1% | 35.9% | 36.6% | 35.5% | 32.5% | 37.2% | 29.5% | 28.0% | 25.1% |
| EBIT | $15.04M | $15.25M | $15.97M | $12.22M | $13.28M | $17.90M | $22.43M | $23.57M | $24.71M | $25.73M | $33.78M | $41.73M | $48.51M | $63.27M | $59.74M | $66.79M | $91.29M | $88.41M | $104.40M | — |
| Interest expense | $24.71M | $28.43M | $21.34M | $15.84M | $10.76M | $8.50M | $6.16M | $3.54M | $3.25M | $3.50M | $4.29M | $6.48M | $12.83M | $24.05M | $16.73M | $15.26M | $31.61M | $106.70M | $128.65M | $116.83M |
| Income tax | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Effective tax rate | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Net income | $10.01M | $10.16M | $10.52M | $8.21M | $8.76M | $11.37M | $14.03M | $14.72M | $15.46M | $16.51M | $21.84M | $26.68M | $36.60M | $47.94M | $45.27M | $51.49M | $72.95M | $68.94M | $78.90M | $91.75M |
| Net income growth (YoY) | — | +1.5% | +3.6% | -21.9% | +6.7% | +29.8% | +23.3% | +5.0% | +5.0% | +6.8% | +32.3% | +22.2% | +37.2% | +31.0% | -5.6% | +13.7% | +41.7% | -5.5% | +14.5% | +16.3% |
| Profit margin | 14.5% | 13.6% | 14.5% | 12.7% | 13.5% | 15.7% | 18.9% | 20.2% | 21.1% | 20.7% | 21.7% | 20.9% | 23.3% | 23.7% | 22.5% | 20.6% | 25.5% | 23.0% | 17.6% | 19.7% |