First Competitors
| FMBH Stock | USD 39.95 -0.21 -0.52% |
First Mid vs MidWestOne Financial Correlation Snapshot
Modest diversification
The correlation between FMBH and MOFG is 0.28, which Macroaxis classifies as Modest diversification for the selected horizon. Used correctly, the chart helps investors judge whether adding the second position genuinely diversifies the first.
Moving together with First Stock
Moving against First Stock
| 0.57 | CCB | Coastal Financial Corp Normal Trading | PairCorr |
Mean reversion is the tendency of First Mid's price to return to its historical average after periods of extreme deviation. Investors who identify when First Mid's is significantly above or below its mean may find compelling entry or exit opportunities.
First Mid Competition Correlation Matrix
Correlation analysis between First Mid Illinois and its competitors helps investors understand whether diversification is real or only superficial inside the same peer group. This matrix is most informative when investors want to know whether adding another peer would improve diversification, increase crowding, or leave total risk largely unchanged.
High positive correlations
| High negative correlations
|
Risk-Adjusted Indicators
There is a big difference between First Stock performing well and First Mid Company doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze First Mid's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.| Mean Deviation | Jensen Alpha | Sortino Ratio | Treynor Ratio | Semi Deviation | Expected Shortfall | Potential Upside | Value @Risk | Maximum Drawdown | ||
|---|---|---|---|---|---|---|---|---|---|---|
| SBSI | 0.98 | 0.05 | 0.03 | 0.04 | 1.30 | 2.73 | 9.35 | |||
| UVSP | 1.23 | 0.04 | 0.03 | 0.03 | 1.54 | 3.18 | 9.94 | |||
| TMP | 1.38 | 0.13 | 0.07 | 0.12 | 1.72 | 2.72 | 10.52 | |||
| AMAL | 1.55 | 0.37 | 0.23 | 0.22 | 1.31 | 3.73 | 11.09 | |||
| BHRB | 1.22 | -0.03 | 0.00 | -0.03 | 0.00 | 2.39 | 8.30 | |||
| HAFC | 1.29 | -0.10 | 0.00 | -0.10 | 0.00 | 3.27 | 18.20 | |||
| DCOM | 1.27 | 0.17 | 0.11 | 0.12 | 1.45 | 3.41 | 13.01 | |||
| FSUN | 1.56 | 0.13 | 0.06 | 0.10 | 2.17 | 3.02 | 10.07 | |||
| BFST | 1.18 | 0.03 | 0.02 | 0.03 | 1.32 | 2.47 | 9.55 | |||
| MOFG | 1.35 | 0.36 | 0.25 | -2.18 | 1.11 | 3.03 | 13.04 |
Peer Comparison: Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in First Mid Illinois financial statement analysis. It represents the amount of money remaining after all of First Mid Illinois operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.Compare First Mid Illinois and related stocks such as Southside Bancshares, Univest Pennsylvania, and Tompkins Financial Net Income Over Time
Select Fundamental| 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| SBSI | 4.5 M | 39.1 M | 34.7 M | 41.2 M | 20.8 M | 44 M | 49.3 M | 54.3 M | 74.1 M | 74.6 M | 82.2 M | 113.4 M | 105 M | 86.7 M | 88.5 M | 69.2 M | 43.6 M |
| UVSP | 10.1 M | 18.9 M | 20.9 M | 21.2 M | 22.2 M | 27.3 M | 19.5 M | 44.1 M | 50.5 M | 65.7 M | 46.9 M | 91.8 M | 78.1 M | 71.1 M | 75.9 M | 90.8 M | 95.3 M |
| TMP | 3.3 M | 35.4 M | 31.3 M | 50.9 M | 52 M | 58.4 M | 59.3 M | 52.5 M | 82.3 M | 81.7 M | 77.6 M | 89.3 M | 85 M | 9.5 M | 70.8 M | 161.1 M | 169.1 M |
| AMAL | -11.8 M | -11.8 M | -11.8 M | -11.8 M | -11.8 M | 19.5 M | 10.6 M | 6.1 M | 44.7 M | 47.2 M | 46.2 M | 52.9 M | 81.5 M | 88 M | 106.4 M | 104.4 M | 54.6 M |
| BHRB | 12 M | 33.7 M | 33.7 M | 33.7 M | 33.7 M | 30.9 M | 27.2 M | 27.8 M | 34.4 M | 17 M | 26.5 M | 36.2 M | 44 M | 22.7 M | 35.7 M | 117.3 M | 123.2 M |
| HAFC | 12 M | 28.1 M | 90.3 M | 39.9 M | 49.8 M | 53.8 M | 56.5 M | 54.7 M | 57.9 M | 32.8 M | 42.2 M | 98.7 M | 101.4 M | 80 M | 62.2 M | 76.1 M | 79.9 M |
| DCOM | 6.3 M | 47.3 M | 40.3 M | 43.5 M | 44.2 M | 44.8 M | 72.5 M | 51.9 M | 51.3 M | 36.2 M | 42.3 M | 104 M | 152.6 M | 96.1 M | 29.1 M | 110.7 M | 116.2 M |
| BFST | 3.8 M | 3.8 M | 3.8 M | 4.3 M | 4 M | 4.1 M | 5.1 M | 4.8 M | 14.1 M | 23.8 M | 30 M | 52.1 M | 54.3 M | 71 M | 65.1 M | 87.9 M | 92.3 M |
| MOFG | 2.8 M | 13.3 M | 16.5 M | 18.6 M | 18.5 M | 25.1 M | 20.4 M | 18.7 M | 30.4 M | 43.6 M | 6.6 M | 69.5 M | 60.8 M | 20.9 M | -60.3 M | -69.3 M | -65.9 M |
First Mid Competitive Analysis
Understanding First Mid competitive landscape helps investors identify relative strengths and weaknesses. A thorough competitive analysis of First Mid's peers can reveal which companies are best positioned in the sector.| Better Than Average | Worse Than Peers | View Performance Chart |
First Mid Peer Performance Charts
How to Analyze First Mid Against Peers
First Mid's peer analysis compares First Mid with related companies to put valuation, quality, and risk metrics in context. This helps determine whether recent performance is company-specific or broadly sector-driven. A practical workflow includes:- Set a relevant peer group: Include direct competitors and close alternatives with comparable business exposure.
- Benchmark core financials: Compare profitability, growth, capital structure, and cash flow quality.
- Check valuation dispersion: Review whether First Mid trades at a premium or discount versus peers and why.
- Evaluate risk profile: Compare volatility, drawdowns, and correlation to avoid false diversification assumptions.
- Document the thesis: Record where First Mid leads or lags and what catalysts could close or widen the gap.