First Mid Illinois Bancshares Inc

NASDAQ FMBH

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First Mid Illinois Bancshares Inc Price to Book Ratio (P/B) on June 03, 2024: 0.94

First Mid Illinois Bancshares Inc Price to Book Ratio (P/B) is 0.94 on June 03, 2024, a 26.48% change year over year. The price to book ratio compares the market price per share of a company's stock to its book value per share. It is calculated by dividing the market capitalization by the shareholders' equity minus treasury stock, divided by the number of outstanding shares. This ratio provides insights into how the market values a company relative to its book value. A ratio above 1 indicates the market values the company more than its book value, suggesting positive market sentiment.
  • First Mid Illinois Bancshares Inc 52-week high Price to Book Ratio (P/B) is 1,010.07 on January 25, 2024, which is 107,281.37% above the current Price to Book Ratio (P/B).
  • First Mid Illinois Bancshares Inc 52-week low Price to Book Ratio (P/B) is 0.72 on October 03, 2023, which is -23.11% below the current Price to Book Ratio (P/B).
  • First Mid Illinois Bancshares Inc average Price to Book Ratio (P/B) for the last 52 weeks is 28.74.
NASDAQ: FMBH

First Mid Illinois Bancshares Inc

CEO Mr. Joseph R. Dively
IPO Date March 16, 1999
Location United States
Headquarters 1421 Charleston Avenue, Mattoon, IL, United States, 61938
Employees 1,188
Sector Financial Services
Industry Banks - regional
Description

First Mid Bancshares, Inc., a financial holding company, provides community banking products and services to commercial, retail, and agricultural customers in the United States. It accepts various deposit products, such as demand deposits, savings accounts, money market deposits, and time deposits. The company's loan products include commercial real estate, commercial and industrial, agricultural and agricultural real estate, residential real estate, and consumer loans, as well as construction and land development, 1-4 family residential properties, and multifamily residential properties loans; and other loans comprising loans to municipalities to support community projects, such as infrastructure improvements or equipment purchases. It also offers wealth management services, which include estate planning, investment, and farm management and brokerage services for individuals; employee benefit services for businesses; and farm management and brokerage services. In addition, the company provides property and casualty, senior insurance products, and group medical insurance for businesses; and personal lines insurance to individuals. The company was formerly known as First Mid-Illinois Bancshares, Inc. and changed its name to First Mid Bancshares, Inc. in April 2019. First Mid Bancshares, Inc. was founded in 1865 and is headquartered in Mattoon, Illinois.

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StockViz Staff

September 19, 2024

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