FMBH (First Mid Bancshares) Moat Score: 5/10 (As of Jun. 28, 2026)


FMBH First Mid Bancshares Inc FMBH
62 GF Score
Price $47.95
GF Value $38.97
Valuation Modestly Overvalued
! 7 Warning Signs
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What is First Mid Bancshares Moat Score?

First Mid Bancshares FMBH +1.30% 62 Moat Score is 5 as of Jun. 28, 2026. GuruFocus rates FMBH with a GF Score™ of 62/100 and a GF Value™ of $38.97 (Modestly Overvalued). The stock has 7 warning signs investors should review. Among 1,614 Banks companies, First Mid Bancshares ranks better than 94.05% on this metric.

First Mid Bancshares has the Moat Score of 5, which implies that the company might have Narrow Moat - Solid narrow moat.

First Mid Bancshares has Narrow Moat: First Mid Bancshares Inc has a solid narrow moat with a strong regional presence and customer loyalty. It benefits from economies of scale and a robust distribution network, but lacks significant pricing power or exclusive licenses to achieve a wide moat status.

Moat Score is a ranking system developed by GuruFocus to assess a company's ability to sustain a competitive advantage, rated on a scale from 0 to 10. It takes into account key factors such as market leadership, cost advantages, network effects, customer switching costs, and more.

The company's Moat Score is based on these criteria:

1. Market leadership and sustainable market share
2. Network effects and significant customer switching costs
3. Valuable intellectual property and patents
4. Strong brand strength and deep customer loyalty
5. Durable cost advantages (e.g., economies of scale, proprietary technology)
6. Significant regulatory barriers and exclusive licenses
7. Superior distribution network
8. Strong and sustainable pricing power
9. Consistent and impactful innovation and R&D capabilities

Based on the research, GuruFocus believes First Mid Bancshares might have Narrow Moat - Solid narrow moat.

First Mid Bancshares  (NAS:FMBH) Moat Score Explanation

The Moat Score ranges from 0 to 10, with 10 as the highest. GuruFocus divided Moat Score into following 8 categories:

Moat Score Moat Level
10Wide Moat - Exceptionally dominant and durable wide moat
8 - 9Wide Moat - Clear and robust wide moat
7Wide Moat - Entry-level wide moat, clearly possessing durable advantages
6Narrow Moat - Strong narrow moat, clearly distinguishable but not wide
5Narrow Moat - Solid narrow moat
4Narrow Moat - Discernible but modest moat
1 - 3No Moat - Very weak/transient advantages
0No Moat - No discernible moat

First Mid Bancshares Moat Score Related Terms

FMBH vs AGBK, PFBC, CTBI: Moat Score Comparison

For the Banks - Regional subindustry, First Mid Bancshares's Moat Score, along with its competitors' market caps and Moat Score 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 Moat Score vs Banks Industry

For the Banks industry and Financial Services sector, First Mid Bancshares's Moat Score distribution charts can be found below:

* The bar in red indicates where First Mid Bancshares's Moat Score falls into.


FMBH
62GF Score
First Mid Bancshares Inc FMBH
Moat Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Frequently Asked Questions Learn more about Moat Score →
What does a Moat Score of 5 mean?
First Mid Bancshares (FMBH) has a Moat Score of 5 as of Jun. 28, 2026. Moat Score is a ranking system developed by GuruFocus to assess a company's ability to sustain a competitive advantage, rated on a scale from 0 to 10. It takes into account key factors such as market leadership, cost advantages, network effects, customer switching costs, and more. According to the industry distribution chart, First Mid Bancshares ranks #96 out of 1614 companies in the Banks industry, placing it in the top 5.9%.
Is First Mid Bancshares' Moat Score too high?
First Mid Bancshares' current Moat Score is 5. Based on the distribution chart, First Mid Bancshares ranks #96 out of 1614 companies in the Banks industry, which is in the top quartile — a strong position relative to peers. Overall, First Mid Bancshares has a GF Score™ of 62/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does First Mid Bancshares' Moat Score compare to AGBK and PFBC?
According to the Banks industry distribution chart, First Mid Bancshares ranks #96 out of 1614 companies for Moat Score. This places First Mid Bancshares in the top 6% of its industry — outperforming the majority of peers. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Moat Score for a Banks company?
A good Moat Score depends on the Banks industry context. However, Moat Score 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 Moat Score mean?
A high Moat Score can signal that a stock is expensive relative to its fundamentals. Moat Score is a ranking system developed by GuruFocus to assess a company's ability to sustain a competitive advantage, rated on a scale from 0 to 10. It takes into account key factors such as market leadership, cost advantages, network effects, customer switching costs, and more. First Mid Bancshares's current Moat Score is 5. 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 Modestly Overvalued. The stock's GF Value™ is $38.97, compared to a current price of $47.95 — trading 23% above its estimated fair value. The current Moat Score is 5. 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 Moat Score calculated?
Moat Score is calculated from a company's financial statements. For First Mid Bancshares (FMBH), the current Moat Score is 5 as of Jun. 28, 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 $47.95 is trading 23% above its estimated GF Value™ of $38.97. GuruFocus considers First Mid Bancshares to be Modestly Overvalued.

Key valuation signals for FMBH:

  • Moat Score: 5
  • GF Value™: $38.97 vs. price of $47.95 (23% 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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Moat Score is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$47.95
Price
$38.97
GF Value