How to Buy First Mid Bancshares Stock
First Mid Bancshares Inc
First Mid Bancshares, Inc. , a financial holding company, provides community banking products and services to commercial, retail, and agricultural customers in the United States.
First Mid Bancshares stock last closed at $31.38, down 1.2% from the previous day, and has increased 30.15% in one year. It has overperformed other stocks in the Banks - Regional industry by 0.1 percentage points. First Mid Bancshares stock is currently +44.14% from its 52-week low of $21.77, and -12.42% from its 52-week high of $35.83.
There are currently 23.89M FMBH shares outstanding. The market cap of FMBH is $749.65M. In the last 24 hours, 58,100 FMBH shares were traded.
How to Buy First Mid Bancshares Stock
Not sure how to invest in First Mid Bancshares stock? Here's how.
- Choose where to buy First Mid Bancshares stock: You need to decide on an online brokerage, but don't worry - we've tried dozens of stock brokerages and apps to help you determine where to buy First Mid Bancshares stock.
- Create a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've identified.
- Put funds into your investment account: Choose your method of payment and add your details.
- Research First Mid Bancshares stock: The First Mid Bancshares ticker symbol is FMBH. Is First Mid Bancshares stock a good investment? Should you buy shares of FMBH? How do FMBH's underlying business fundamentals look? Do top analysts think First Mid Bancshares is a good buy? Why has FMBH's stock price moved recently? (Hint: Our stock research tools can help you understand if FMBH is a good stock to buy).
- Make your FMBH purchase: Decide if you will purchase FMBH shares at the current market price or use a limit order to purchase FMBH stock at a specific price.
- Keep tabs on your FMBH investment: Create a watchlist to watch your position in First Mid Bancshares shares.
Step 1: Choose where to buy First Mid Bancshares stock
You need a brokerage account to access the NASDAQ market and buy FMBH shares.
Our preferred brokerage: eToro
Based on our experience, eToro is the best brokerage. eToro gives you:
- You can invest in stocks with 0% commissions: Invest without paying trading commissions.
- Buy fractional shares: Even if you don't have the money to buy a full share, you can still purchase the stock.
- Access to global financial markets: From Technology to Industrials, New York to London — you can fill your portfolio with stocks from the globe's top exchanges.
- Social investing: eToro boasts a community with more than 20 million users around the world. Talk to, learn from, and copy the crypto trades of other investors.
- Security: eToro is a regulated and licensed brokerage platform.
- Buy other financial assets: Such as ETFs and cryptocurrencies.
Get $10 towards your share purchase by signing up for an account with eToro now.
Open eToro AccountStep 2: Create a brokerage account
Now that you've picked the best brokerage, it's time to fill out some personal information so you can buy FMBH stock today.
How to Open a New Brokerage Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Input your personal details to start your new brokerage account.
- Submit your information by pressing the "Create Account" button. Get started with eToro today
Step 3: Put funds into your investment account
Now that you have filled out your info on the best stock app, you need to deposit funds:
Watch the tutorial below if you need help depositing funds into your investment account.
Step 4: Research First Mid Bancshares stock
After you have identified the best place to buy First Mid Bancshares stock, it's absolutely critical to research their stock before you buy, so you actually comprehend the risk and upside.
First Mid Bancshares shares at a glance
First Mid Bancshares Zen Score
WallStreetZen was built to help average investors perform more in-depth fundamental analysis in minutes instead of hours.
You can view all of the due diligence checks on FMBH's stock page.
Is FMBH stock undervalued?
You can use many financial metrics, analyses, models, and charts to gauge FMBH's true value.
Using relative valuations measures:
- FMBH could be undervalued based on its P/E ratio of 9.9x, relative to Banks - Regional industry P/E ratio of -10.31x
- FMBH could be undervalued based on its P/B ratio of 0.95x, relative to Banks - Regional industry P/B ratio of 0.99x
- FMBH could be overvalued based on its PEG ratio of 2.94x
You can do additional valuation research on FMBH's stock here.
Is FMBH a healthy company?
Positive Financial Indicators:
- FMBH earnings of $88.41M is not sufficient to cover its interest payments.
Negative Financial Indicators:
- FMBH's operating cash flow of $72.42M allows it to safely service it's debt of $622.94M.
- Total FMBH debt is higher than 5 years ago, relative to shareholder equity.
- FMBH profit margin has gone down from 28.7% to 25.1% in the past year.
- FMBH has a relatively high debt to equity ratio of 8.57.
Is First Mid Bancshares stock a Buy, Hold, or Sell, according to Wall Street analysts?
Out of 2 sell side analysts who monitor FMBH, the consensus analyst rating on FMBH is a Strong Buy
It's important to note that analyst forecasts are not recommendations, nor are they investment advice.
You can dive deeper into what analysts are projecting on the First Mid Bancshares stock forecast page.
FMBH Technicals
Is FMBH Growing Revenue?
Last year, FMBH earnings were $68.94M. In the last five year, FMBH's earnings have increased by 4.61% per year. This was slower than the Banks - Regional industry average of 17.48%.
Last year, FMBH revenue was $274.15M. During the past five year, FMBH's revenue has grown by 14.63% per year. This was faster than the Banks - Regional industry average of 7.5%.
Dig into FMBH's earnings and revenue performance here.
Are FMBH executives and large shareholders buying or selling the stock?
In the past 12 months, executives and large shareholders at FMBH have bought more shares than they have sold.
Robert S. Cook, Director of FMBH, was the latest FMBH insider to buy. They bought $13,480.39 worth of FMBH stock on Apr 2, 2024.
Learn more about who owns FMBH stock here.
Can I get consistent income from FMBH stock?
First Mid Bancshares pays a dividend of 2.93%, compared to the Banks - Regional industry's average dividend yield of 3.86%. If you owned $1,000 worth of FMBH stock, you would have received $29.32 last year.
First Mid Bancshares dividend payments have not consistently grown over the past decade and have not remained stable.
Find more analysis about First Mid Bancshares dividend yield and history here.
What do other investors have to say about FMBH?
One of the biggest reasons eToro is our favorite brokerage is because of its social trading community.
Click below to see what other traders have to say.
Step 5: Make your FMBH purchase
There are two main order types:
- Market order: A market order is an order to buy or sell a security at the best available price.
Market orders are mostly fine for most investors. - Limit order: A limit order enables you to buy or sell a stock at a specific price (or better).
If you want to make sure you're buying or selling at an exact price limit, place a limit order.
Click the Open button and your broker will place the order.
If you require additional help with buying stocks on eToro, watch the helpful video below:
Step 6: Keep tabs on your FMBH investment
Now that you own some FMBH shares, you'll want to keep up with your new shares.
Add FMBH to a watchlist to track your FMBH stock.
FMBH Feed
How to Buy Stock in First Mid Bancshares
To reiterate, here are the 6 steps to buy stock in First Mid Bancshares:
- Choose where to buy First Mid Bancshares stock
- Create a brokerage account
- Put funds into your investment account
- Research First Mid Bancshares stock
- Make your FMBH purchase
- Keep tabs on your FMBH investment
If you require a place to buy stocks, eToro is our recommended option.
Get Started with eToro TodayIf you want to monitor your new investment in First Mid Bancshares, get started below.
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