First Mid BancsharesFMBH -0.21%62 Pretax Margin % is 35.53% as of Mar. 2026, which is 5% above its 10-year median of 33.92. GuruFocus rates FMBH with a GF Score™ of 62/100 and a GF Value™ of $38.98 (Modestly Overvalued). The stock has 7 warning signs investors should review. Among 1,526 Banks companies, First Mid Bancshares ranks worse than 50.59% on this metric.
The historical rank and industry rank for First Mid Bancshares's Pretax Margin % or its related term are showing as below:
FMBH'
s Pretax Margin % Range Over the Past 10 Years
Min: 28.49 Med: 33.92 Max: 35.85
Current: 34.57
FMBH's Pretax Margin % is ranked worse than 50.59% of 1526
companies
in the Banks industry
Industry Median: 34.885
vs FMBH: 34.57
First Mid Bancshares (NAS:FMBH) Pretax Margin % Explanation
The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.
The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.
It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.
The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.
First Mid Bancshares Pretax Margin % Related Terms
First Mid Bancshares Pretax Margin % Historical Data
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The historical data trend for First Mid Bancshares's Pretax Margin % 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.
FMBH vs AGBK, PFBC, CTBI: Pretax Margin % Comparison
For the Banks - Regional subindustry, First Mid Bancshares's Pretax Margin %, along with its competitors' market caps and Pretax Margin % 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 Pretax Margin % vs Banks Industry
For the Banks industry and Financial Services sector, First Mid Bancshares's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where First Mid Bancshares's Pretax Margin % falls into.
* 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 (FMBH) has a Pretax Margin % of 35.53% as of Mar. 2026. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on First Mid Bancshares and its competitors. This is near median its historical median of 33.92. Over the past decade, First Mid Bancshares' Pretax Margin % has ranged from 28.49 to 35.85. According to the industry distribution chart, First Mid Bancshares ranks #772 out of 1526 companies in the Banks industry, placing it in the top 50.6%.
Is First Mid Bancshares' Pretax Margin % too high?
First Mid Bancshares' current Pretax Margin % of 35.53% is near median its 10-year median of 33.92. Over the past 10 years, this metric has ranged from a low of 28.49 to a high of 35.85. The Banks industry median Pretax Margin % is 34.89. First Mid Bancshares' value of 35.53% is 1.8% above this industry median. Based on the distribution chart, First Mid Bancshares ranks #772 out of 1526 companies in the Banks industry, which is below the industry midpoint. 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' Pretax Margin % compare to AGBK and PFBC?
According to the Banks industry distribution chart, First Mid Bancshares ranks #772 out of 1526 companies for Pretax Margin %. This places First Mid Bancshares in the lower half of its industry. The industry median Pretax Margin % is 34.89. First Mid Bancshares' value of 35.53% is 1.8% above this benchmark. Historically, First Mid Bancshares' own Pretax Margin % has ranged from 28.49 to 35.85 over the past decade. While the company's 10-year median is 33.92 vs. the industry median of 34.89, First Mid Bancshares has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Pretax Margin % for a Banks company?
The median Pretax Margin % among Banks companies is 34.89, based on 1,526 companies in the industry. Companies in the top quartile (top 25%) have a Pretax Margin % significantly above this median, while those in the bottom quartile fall well below. However, Pretax Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. First Mid Bancshares's current Pretax Margin % of 35.53% is 1.8% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Pretax Margin % mean?
A high Pretax Margin % can signal that a stock is expensive relative to its fundamentals. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on First Mid Bancshares and its competitors. For the Banks industry, the median Pretax Margin % is 34.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. First Mid Bancshares's current Pretax Margin % is 35.53%, which is near median its own 10-year median of 33.92. 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 $38.98, compared to a current price of $47.54 — trading 22% above its estimated fair value. The current Pretax Margin % is 35.53%, which is near median its 10-year median of 33.92 and 1.8% above the Banks industry median of 34.89. 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 Pretax Margin % calculated?
Pretax Margin % is calculated from a company's financial statements. For First Mid Bancshares (FMBH), the current Pretax Margin % is 35.53% 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 $47.54 is trading 22% above its estimated GF Value™ of $38.98.
GuruFocus considers First Mid Bancshares to be Modestly Overvalued.
Key valuation signals for FMBH:
Pretax Margin %: 35.53% (near median its 10-year median of 33.92)
GF Value™: $38.98 vs. price of $47.54 (22% above fair value)
Industry Position: 1.8% above the Banks median (#772 of 1526)
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 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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