FMBH (First Mid Bancshares) Goodwill-to-Asset: 0.02 (As of Mar. 2026)

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FMBH First Mid Bancshares Inc FMBH
62 GF Score
Price $51.49
GF Value $37.24
Valuation Significantly Overvalued
! 7 Warning Signs
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What is First Mid Bancshares Goodwill-to-Asset?

First Mid Bancshares FMBH -0.71% 62 Goodwill-to-Asset is 0.02 as of Mar. 2026. GuruFocus rates FMBH with a GF Score™ of 62/100 and a GF Value™ of $37.24 (Significantly Overvalued). The stock has 7 warning signs investors should review.

Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets. First Mid Bancshares's Goodwill for the quarter that ended in Mar. 2026 was $203.4 Mil. First Mid Bancshares's Total Assets for the quarter that ended in Mar. 2026 was $9,288.6 Mil. Therefore, First Mid Bancshares's Goodwill to Asset Ratio for the quarter that ended in Mar. 2026 was 0.02.


First Mid Bancshares  (NAS:FMBH) Goodwill-to-Asset Explanation

If the goodwill-to-asset ratio increases, it can mean that the company is recording a proportionately higher amount of goodwill, assuming total assets are remaining constant. It is generally good to see a company increasing its assets regularly; however, if these increases are coming from intangible assets, such as goodwill, the increases may not be as good.

Increases in the goodwill-to-asset ratio might suggest that a company has been aggressively acquiring other firms or has seen its tangible assets decrease in value. When a large portion of total assets are attributable to intangible assets (such as goodwill), the company may be at risk of having that portion of its asset base wiped out quickly if it must record any goodwill impairments. Decreases in the goodwill-to-assets ratio suggest that the company has either written down some goodwill or increased its tangible assets.

Asset needs vary from industry to industry. This is why comparing goodwill-to-assets ratios is generally most meaningful among companies within the same industry. By comparing a company's goodwill to assets ratio to those of other companies within the same industry, investors can get a feel for how a company is managing its goodwill.


First Mid Bancshares Goodwill-to-Asset Related Terms


First Mid Bancshares Goodwill-to-Asset Historical Data

* Premium members only.

The historical data trend for First Mid Bancshares's Goodwill-to-Asset can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

First Mid Bancshares Goodwill-to-Asset Chart

First Mid Bancshares Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Goodwill-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.02 0.02 0.03 0.03 0.03

First Mid Bancshares Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Goodwill-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.03 0.03 0.03 0.02 0.00

FMBH vs CTBI, WABC, BHRB: Goodwill-to-Asset Comparison

For the Banks - Regional subindustry, First Mid Bancshares's Goodwill-to-Asset, along with its competitors' market caps and Goodwill-to-Asset data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


First Mid Bancshares Goodwill-to-Asset vs Banks Industry

For the Banks industry and Financial Services sector, First Mid Bancshares's Goodwill-to-Asset distribution charts can be found below:

* The bar in red indicates where First Mid Bancshares's Goodwill-to-Asset falls into.


FMBH
62GF Score
First Mid Bancshares Inc FMBH
Goodwill-to-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
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First Mid Bancshares Goodwill-to-Asset Calculation

Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets.

It is calculated by dividing goodwill by total assets.

First Mid Bancshares's Goodwill to Asset Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Goodwill to Asset (A: Dec. 2025 )=Goodwill/Total Assets
=203.391/7966.658
=0.03

First Mid Bancshares's Goodwill to Asset Ratio for the quarter that ended in Mar. 2026 is calculated as

Goodwill to Asset (Q: Mar. 2026 )=Goodwill/Total Assets
=203.391/9288.617
=0.02

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Goodwill-to-Asset →
What does a Goodwill-to-Asset of 0.02 mean?
First Mid Bancshares (FMBH) has a Goodwill-to-Asset of 0.02 as of Mar. 2026. Goodwill-to-Asset Ratio is the total goodwill from acquisitions divided by total assets. View historical data on First Mid Bancshares and its competitors.
Is First Mid Bancshares' Goodwill-to-Asset too high?
First Mid Bancshares' current Goodwill-to-Asset is 0.02. Overall, First Mid Bancshares has a GF Score™ of 62/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does First Mid Bancshares' Goodwill-to-Asset compare to CTBI and WABC?
First Mid Bancshares' Goodwill-to-Asset of 0.02 can be compared against companies in the Banks industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Goodwill-to-Asset for a Banks company?
A good Goodwill-to-Asset depends on the Banks industry context. However, Goodwill-to-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Goodwill-to-Asset mean?
A high Goodwill-to-Asset can signal that a stock is expensive relative to its fundamentals. Goodwill-to-Asset Ratio is the total goodwill from acquisitions divided by total assets. View historical data on First Mid Bancshares and its competitors. First Mid Bancshares's current Goodwill-to-Asset is 0.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is First Mid Bancshares stock overvalued right now?
Based on GuruFocus' analysis, First Mid Bancshares (FMBH) is currently considered Significantly Overvalued. The stock's GF Value™ is $37.24, compared to a current price of $51.49 — trading 38.3% above its estimated fair value. The current Goodwill-to-Asset is 0.02. First Mid Bancshares' overall GF Score™ is 62/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Goodwill-to-Asset calculated?
Goodwill-to-Asset is calculated from a company's financial statements. For First Mid Bancshares (FMBH), the current Goodwill-to-Asset is 0.02 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is First Mid Bancshares (FMBH) Overvalued in 2026?

Based on GuruFocus' analysis, First Mid Bancshares stock appears to be overvalued. The current stock price of $51.49 is trading 38.3% above its estimated GF Value™ of $37.24. GuruFocus considers First Mid Bancshares to be Significantly Overvalued.

Key valuation signals for FMBH:

  • Goodwill-to-Asset: 0.02
  • GF Value™: $37.24 vs. price of $51.49 (38.3% above fair value)
  • GF Score™: 62/100 with 7 warning signs

No single metric tells the full story. See the FMBH stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


First Mid Bancshares Business Description

Address 1421 Charleston Avenue, Mattoon, IL, USA, 61938
First Mid Bancshares Inc is a United States based financial holding company. Through its wholly-owned subsidiary, First Mid Bank, it is engaged in the business of banking. The company offers trust, farm services, investment services, and retirement planning through its wholly owned subsidiary, it also provides data processing services to affiliates and insurance products and services to customers through its subsidiary. The company's operations cover community banking, wealth management and insurance services. Key revenue is derived from the provision of community banking services.
62GF Score

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Goodwill-to-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$51.49
Price
$37.24
GF Value