Investing in First Mid-Illinois Bancshares, Inc. (FMBH)  ➔  Intrinsic value

Prev. close$38.10 
ModelValueUpside
Chepakovich$7.66-80%
Graham-Dodd$43.63+15%
Graham$82.69+117%
Previous Close$38.10  
Valuation MethodValuePotential 
Chepakovich Model$7.66-80%recalculate
Graham-Dodd$43.63+15%recalculate
Graham Formula$82.69+117%recalculate

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Company description

First Mid Bancshares, Inc., through its subsidiaries, 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; 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 services for individuals; and employee benefit services for business enterprises. In addition, the company provides commercial lines insurance to businesses, as well as homeowner, automobile, health, life, and other types of personal lines insurance to individuals. It operates through a network of 64 banking centers in Illinois and 1 office in Missouri, as well as a loan production office in Indiana. 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 incorporated in 1981 and is headquartered in Mattoon, Illinois.