FMBH (First Mid Bancshares) Selling, General, & Admin. Expense: $144.8 Mil (TTM As of Mar. 2026)


FMBH First Mid Bancshares Inc FMBH
62 GF Score
Price $47.93
GF Value $37.76
Valuation Modestly Overvalued
! 7 Warning Signs
View Full Analysis

What is First Mid Bancshares Selling, General, & Admin. Expense?

First Mid Bancshares FMBH +0.29% 62 Selling, General, & Admin. Expense is $144.8 Mil as of Mar. 2026. GuruFocus rates FMBH with a GF Score™ of 62/100 and a GF Value™ of $37.76 (Modestly Overvalued). The stock has 7 warning signs investors should review.

Selling, general, & admin. expense (SGA) includes the direct and indirect costs and all general and administrative expenses of a company. First Mid Bancshares's selling, general, & admin. expense for the three months ended in Mar. 2026 was $36.8 Mil. Its selling, general, & admin. expense for the trailing twelve months (TTM) ended in Mar. 2026 was $144.8 Mil.


First Mid Bancshares  (NAS:FMBH) Selling, General, & Admin. Expense Explanation

An efficient operation keeps SGA costs low and thus has higher profit margin. The percentage of SGA relative to total revenue is an indication of how efficiently the company operates. Compare this percentage among the companies in the same industry is a good way of finding more efficient operations. A comparison of the SGA cost relative to the revenue with the historical value can also be an indication of how efficient the company has become.

Warren Buffett likes companies with consistent SGA as the percentage of gross profit.

Companies with no durable competitive advantage show wild variation in SG&A as % of Gross Profit.

If SGA is less than 30% of Gross Profit, it is fantastic. If SGA is nearing 100%, it is is in highly competitive industry.


First Mid Bancshares Selling, General, & Admin. Expense Related Terms


First Mid Bancshares Selling, General, & Admin. Expense Historical Data

* Premium members only.

The historical data trend for First Mid Bancshares's Selling, General, & Admin. Expense 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 Selling, General, & Admin. Expense Chart

First Mid Bancshares Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Selling, General, & Admin. Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 94.87 103.40 111.31 131.02 141.44

First Mid Bancshares Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Selling, General, & Admin. Expense 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 33.45 35.27 35.40 37.31 36.78

FMBH vs CTBI, PFBC, MCB: Selling, General, & Admin. Expense Comparison

For the Banks - Regional subindustry, First Mid Bancshares's Selling, General, & Admin. Expense, along with its competitors' market caps and Selling, General, & Admin. Expense 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 Selling, General, & Admin. Expense vs Banks Industry

For the Banks industry and Financial Services sector, First Mid Bancshares's Selling, General, & Admin. Expense distribution charts can be found below:

* The bar in red indicates where First Mid Bancshares's Selling, General, & Admin. Expense falls into.


FMBH
62GF Score
First Mid Bancshares Inc FMBH
Selling, General, & Admin. Expense is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

First Mid Bancshares Selling, General, & Admin. Expense Calculation

Selling, General, & Admin. Expense (SGA) includes the direct and indirect costs and all general and administrative expenses of a company. For instance, personnel cost, advertising, rent, communication costs are all part of SGA.

Selling, General, & Admin. Expense for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $144.8 Mil.

* 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.

What does a Selling, General, & Admin. Expense of $144.8 Mil mean?
First Mid Bancshares (FMBH) has a Selling, General, & Admin. Expense of $144.8 Mil as of Mar. 2026. Selling, general and admin expense is the total cost for direct, indirect, general and administrative activities. View historical data on First Mid Bancshares and its competitors.
Is First Mid Bancshares' Selling, General, & Admin. Expense too high?
First Mid Bancshares' current Selling, General, & Admin. Expense is $144.8 Mil. 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' Selling, General, & Admin. Expense compare to CTBI and PFBC?
First Mid Bancshares' Selling, General, & Admin. Expense of $144.8 Mil 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 Selling, General, & Admin. Expense for a Banks company?
A good Selling, General, & Admin. Expense depends on the Banks industry context. However, Selling, General, & Admin. Expense 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 Selling, General, & Admin. Expense mean?
A high Selling, General, & Admin. Expense can signal that a stock is expensive relative to its fundamentals. Selling, general and admin expense is the total cost for direct, indirect, general and administrative activities. View historical data on First Mid Bancshares and its competitors. First Mid Bancshares's current Selling, General, & Admin. Expense is $144.8 Mil. 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 $37.76, compared to a current price of $47.93 — trading 26.9% above its estimated fair value. The current Selling, General, & Admin. Expense is $144.8 Mil. 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 Selling, General, & Admin. Expense calculated?
Selling, General, & Admin. Expense is calculated from a company's financial statements. For First Mid Bancshares (FMBH), the current Selling, General, & Admin. Expense is $144.8 Mil 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 $47.93 is trading 26.9% above its estimated GF Value™ of $37.76. GuruFocus considers First Mid Bancshares to be Modestly Overvalued.

Key valuation signals for FMBH:

  • Selling, General, & Admin. Expense: $144.8 Mil
  • GF Value™: $37.76 vs. price of $47.93 (26.9% 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

Get the complete analysis for FMBH

Selling, General, & Admin. Expense is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$47.93
Price
$37.76
GF Value