FMBH
First Mid Bancshares, Inc. Financial Services - Banks - Regional Investor Relations →
First Mid Bancshares, Inc. (FMBH) closed at $44.59 as of 2026-02-02, trading 36.7% above its 200-week moving average of $32.62. The stock moved further from the line this week, up from 29.3% last week. With a 14-week RSI of 79, FMBH is in overbought territory.
Over the past 1355 weeks of data, FMBH has crossed below its 200-week moving average 15 times. On average, these episodes lasted 28 weeks. Historically, investors who bought FMBH at the start of these episodes saw an average one-year return of +6.3%.
With a market cap of $1070 million, FMBH is a small-cap stock. Return on equity stands at 10.2%. The stock trades at 1.1x book value.
Share count has increased 32.2% over three years, indicating dilution.
Over the past 26.1 years, a hypothetical investment of $100 in FMBH would have grown to $783, compared to $798 for the S&P 500. FMBH has returned 8.2% annualized vs 8.3% for the index, underperforming the broader market over this period.
Free cash flow has been growing at a 21.9% compound annual rate, with 4 consecutive years of positive cash generation.
Growth of $100: FMBH vs S&P 500
Monthly data normalized to $100 at start. Vertical dashed lines mark 200-week MA touches.
What Happens After FMBH Crosses Below the Line?
Across 15 historical episodes, buying FMBH when it crossed below its 200-week moving average produced an average return of +7.9% after 12 months (median +12.0%), compared to +6.8% for the S&P 500 over the same periods. 64% of those episodes were profitable after one year. After 24 months, the average return was +29.7% vs +23.8% for the index.
Each line shows $100 invested at the moment FMBH crossed below its 200-week MA. Bold blue = stock average. Gray dashed = S&P 500 average over same periods.
Historical Touches
FMBH has crossed below its 200-week MA 15 times with an average 1-year return of +6.3% after recovery.
| Crossed Below | Recovered | Weeks | Max Depth | 1-Year Return | Return Since Touch |
|---|---|---|---|---|---|
| Feb 2000 | Jul 2001 | 73 | 18.6% | +0.8% | +682.7% |
| Dec 2007 | May 2008 | 18 | 8.4% | -10.1% | +169.1% |
| Jun 2008 | Jan 2012 | 184 | 36.8% | -24.2% | +162.0% |
| Jun 2014 | Jun 2014 | 2 | 0.7% | +2.6% | +194.2% |
| Jul 2014 | Jul 2014 | 2 | 5.7% | +18.3% | +209.3% |
| Nov 2014 | May 2015 | 26 | 13.3% | +10.7% | +189.0% |
| May 2015 | May 2015 | 1 | 2.4% | +30.5% | +187.8% |
| Jun 2015 | Jun 2015 | 1 | 2.3% | +29.4% | +186.6% |
| Aug 2019 | Aug 2019 | 1 | 2.2% | -13.9% | +70.3% |
| Feb 2020 | Nov 2020 | 42 | 37.8% | +10.0% | +59.6% |
| Sep 2022 | Oct 2022 | 2 | 4.4% | -14.2% | +52.9% |
| Dec 2022 | Nov 2023 | 50 | 31.2% | +10.0% | +49.2% |
| Jan 2024 | May 2024 | 14 | 8.1% | +26.3% | +52.4% |
| May 2024 | Jul 2024 | 7 | 6.5% | +12.4% | +45.2% |
| Mar 2025 | Apr 2025 | 3 | 6.2% | N/A | +44.2% |
| Average | 28 | — | +6.3% | — |
Not financial advice. This is an educational tool. Past performance does not guarantee future results. Do your own research before making investment decisions.
Data as of Friday close, 2026-02-02