First Mid Bancshares (First Mid Bancshares) Momentum Rank : 10 (As of May. 15, 2024)

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What is First Mid Bancshares Momentum Rank?

First Mid Bancshares has the Momentum Rank of 10.

For Momentum Rank, we considered the residual momentum concept that was widely studied by Blitz and his colleagues as well as by Nobel Prize laureates Fama and French. However, we did not find any significant differences in the performances of stocks with different ranks of residual momentum. Therefore, we use traditional momentum instead.

Momentum Rank is determined using the standardized momentum ratio and other momentum indicators. The standardized momentum ratio is the average of the performances from 12 months ago to 1 month ago and 6 months ago to 1 month ago, divided by the beta of the stock over the past 12 months. To calculate the momentum ratio today, we would use the average of the two performance numbers.

For momentum, we found that stock price performance does not have a monotonic correlation with the momentum ratio. The stocks with the highest momentum ratios perform worse than those at about the 70th percentile. Therefore, for the momentum rank, we ranked the stocks at about the 70th percentile of the momentum ratio as the highest at 10.

Please click GF Score to see more details on the GF Score's 5 Key Aspects of Analysis.

Competitive Comparison of First Mid Bancshares's Momentum Rank

For the Banks - Regional subindustry, First Mid Bancshares's Momentum Rank, along with its competitors' market caps and Momentum Rank 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's Momentum Rank Distribution in the Banks Industry

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

* The bar in red indicates where First Mid Bancshares's Momentum Rank falls into.

First Mid Bancshares Momentum Rank Related Terms

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First Mid Bancshares (First Mid Bancshares) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » First Mid Bancshares Inc (NAS:FMBH) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

N/A

Address

1421 Charleston Avenue, Mattoon, IL, USA, 61938

Website

https://www.firstmid.com

First Mid Bancshares Inc is a United States based financial holding company. Through its wholly-owned subsidiary, First Mid Bank, it is primarily engaged in the business of banking. 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.

Executives

Todd J James	director	400 BROAD ST, BELOITT WI 53511
Clay M Dean	officer: SVP-Chief Deposit Services	2816 WESTERN AVE, MATTOON IL 61938
Robert S Cook	director	631 S BODIN ST, HINSDALE IL 60521
Laura J Hughes	officer: EVP, Chief Marketing & Deposit	1251 DEER CREEK RDG, DUBUQUE IA 52003
Bradley L Beesley	officer: Executive VP-Wealth Management	1906 SUNSET AVE, EFFINGHAM IL 62401
James Kyle Mccurry	director	302 CAMPUSVIEW DRIVE, SUITE 108, COLUMBIA MO 65201
Gisele A Marcus	director	3827 SHAW BOULEVARD, ST. LOUIS MO 63110
Megan E Mcelwee	officer: SVP, Chief Credit Officer	18537 E COUNTY ROAD 1280N, CHARLESTON IL 61920
Anya Y Schuetz	officer: VP, Director of Project Mgmt	2119 REYNOLDS DRIVE, CHARLESTON IL 61938
Jordan D. Read	officer: SVP, Chief Risk Officer	1713 CHANDLER WAY, ST. CHARLES MO 63303
Rhonda G Gatons	officer: SVP, Director Human Resources	909 E 625 NORTH ROAD, TOWER HILL IL 62571
Ray A Sparks	director	30 S COUNTRY CLUB RD, MATTOON IL 61938
David R. Hiden	officer: SVP, Chief Information Officer	1421 CHARLESTON AVE, MATTOON IL 61938
Zachary Horn	director	8 SOUTH WASHINGTON STREET, SULLIVAN IL 61951
Mary Westerhold	director	6814 GOSHEN ROAD, EDWARDSVILLE IL 62025