First Mid

Mattoon, United States Founded: 1865 • Age: 161 yrs Listed
Commercial banking services are provided to businesses and individuals.

About First Mid

First Mid is a publicly listed company based in Mattoon (United States) founded in 1865. Commercial banking services are provided to businesses and individuals. The company has 1,200 employees. First Mid has completed 5 acquisitions, including Blackhawk Bank, First Clover Leaf Bank and MyProvidence. Its chief executive, as recorded, is Joseph Dively. Its website firstmid.com draws about 223 thousand monthly visits. First Mid offers products and services including Premier Checking, Business Savings, Mortgages, and Wealth Management. Its focus areas include Banks and Commercial Banks. Its legal entity is First Mid Bancshares, Inc. Its competitors include Truist, Equity Bank and Citi; 1 of its 3 listed competitors has raised funding.

Company details

First Mid was established in 1865 as a commercial bank headquartered in Mattoon, United States. Operations are centered on traditional banking activities, including loans, deposits, and financial services for commercial and personal clients. The institution is led by Chairman and CEO Joseph Dively. Services are extended across regional branches in the Midwest, supporting local economic needs without emphasis on specialized sectors.

  • Headquarters Mattoon, United States
  • Employees 1,200
  • Stage Public
  • Sectors
    Financial Services
  • Website category Finance · Banking Credit and Lending
  • Email
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  • Phone
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  • Website firstmid.com
  • Social LinkedIn Facebook Instagram
  • Legal Name First Mid Bancshares, Inc.
Operational Areas
Key Metrics
  • Annual Revenue
    $465.5 M (USD)
    as on Dec 31, 2025
  • Net Profit
    $91.75 M (USD)
    16.29
    as on Dec 31, 2025
  • Latest Funding Round
    $11.01M (USD), Post-IPO

    Feb 2011

  • Employee Count
    1,200
  • Investments & Acquisitions

Products & Services of First Mid

First Mid offers a comprehensive portfolio of products and services, including Premier Checking, Business Savings, Mortgages, and Wealth Management.

Premier Checking
Banking Service

Account for personal banking with overdraft protection and online access.

Business Savings
Savings Service

Account for businesses to earn interest and manage funds securely.

Mortgages
Lending Service

Loans for home financing with low down payment options available.

Wealth Management
Investment Service

Services for financial planning and asset management strategies.

Funding Insights of First Mid

  • Total Rounds 1
  • Last Round Post-IPO β€” $11.01M
  • First Round $11.01M

    (Feb 2011)

All 1 funding rounds of First Mid with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Feb 2011$11.01MPost-IPO––
–

People of First Mid

15 people are tracked at First Mid (8 in leadership, 7 in board & advisors); the tracked headcount is 1,200.

NameRoleGroup
Joseph Dively
Chairman & CEOLeadership
Christopher L. Slabach
Senior Vice President and Chief Risk Management OfficerLeadership
Amanda D. Lewis
Senior Vice President and Retail Banking OfficerLeadership
Bradley L. Beesley
Executive Vice President, Wealth Management OfficerLeadership
Eric S. Mcrae
Executive Vice President and Chief Credit OfficerLeadership
Michael L. Taylor
Senior Executive Vice President and Chief Operating OfficerLeadership
Laurel G. Allenbaugh
Executive Vice President and Chief Operations and IT OfficerLeadership
David R. Hiden
SVP, Chief Information OfficerLeadership
Ray A. Sparks
Lead DirectorBoard & advisors
Robert S. Cook
DirectorBoard & advisors
James E. Zimmer
DirectorBoard & advisors
Holly A. Bailey
DirectorBoard & advisors
Steven L. Grissom
DirectorBoard & advisors
Gary W. Melvin
DirectorBoard & advisors
Mary J. Westerhold
DirectorBoard & advisors
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IPO & Listings of First Mid

First Mid is a publicly listed company on the NASDAQ with ticker symbol FMBH in USA, operating in the Finance sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.

  • IPO date05 Apr 1999
  • Listed onNASDAQ: FMBH
  • Listed entityFirst Mid Bancshares, Inc.
  • Exchange sectorFinance
  • ISINUS3208661062
  • Share price$48.85 (-0.71% on the day) · 2026-10-13
  • Market capitalisation$1.30B
  • Price to earnings12.1
  • EPS (diluted, trailing year)$4.02
  • Dividend yield2.07%
  • Volume (last session)130,442

Financials of First Mid

Exchange-reported annual figures
YearRevenueNet incomeEBITDA
2025$465.5M$91.8M
2024$453.2M$78.9M
2023$385.1M$68.9M
2022$290.2M$73.0M
2021$248.9M$51.5M
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Detailed financial statements for First Mid

Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.

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Investments & Acquisitions by First Mid

First Mid has strategically engaged in corporate development activities, having acquired 5 companies. Notable acquisitions include Blackhawk Bank, First Clover Leaf Bank and MyProvidence.

Acquisitions
Company NameDescriptionDomainLocationFoundedAcquiredAmount
Commercial bank
tworivers.bankAnkeny, United States1904Mar 2026β€’β€’β€’β€’
Commercial bank
blackhawkbank.comRockford, United States1881Mar 2023β€’β€’β€’β€’
Commercial banking services including loans and deposits are provided.
myprovidence.bankElsberry, United States1888Sep 2020$116.5M
Commercial banking services are offered in the United States.
soybank.comDecatur, United States1956Jun 2018β€’β€’β€’β€’
Commercial bank
firstcloverleafbank.comEdwardsville, United States1889Apr 2016$90M
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Complete acquisition details for First Mid

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Timeline of First Mid

8 dated milestones of First Mid across 161 years, from founding to its latest funding, stage changes and deals.

  1. Founded First Mid is founded.
  2. IPO Lists on the stock exchange (IPO).
  3. Funding First funding round of $11.0M.
  4. Acquisition Acquires First Clover Leaf Bank.
  5. Acquisition Acquires Soy Capital Bank.
  6. Acquisition Acquires MyProvidence.
  7. Acquisition Acquires Blackhawk Bank.
  8. Acquisition Acquires Two Rivers Bank.

Competitors of First Mid

First Mid has 3 listed competitors in our database, 1 of them funded. They include Truist, Equity Bank and Citi.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
truist.com1872Charlotte, United States55,480
Wealth advisory and banking services are offered to clients.
equitybank.com2002Wichita, United States$89.7M
Commercial banking services are provided to businesses and individuals.
citigroup.com1812New York, United States500
Diversified financial services are offered through commercial banking operations.
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Detailed competitors of First Mid

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Web traffic of First Mid

The website of First Mid (firstmid.com) receives about 222.7K visits a month and ranks #155,697 among all websites worldwide, #2,489 in Banking Credit and Lending.

  • Monthly visits
    222.7K

    ▼ 4.2% vs previous month

  • Unique visitors
    30.3K

    per month

  • Global rank
    #155,697

    among all websites

  • Category rank
    #2,489

    Finance · Banking Credit and Lending

Similar websites

Websites whose visitors overlap most with First Mid. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
busey.com
100%
342.9K#113,098View details
bankofamerica.com
100%
113.9M#258View details
tdbank.com
tdbank.com
91%
#3,478–
chase.com
90%
198.6M#125View details
capitalone.com
88%
148.4M#178View details
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
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Related news about First Mid

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Frequently Asked Questions about First Mid

First Mid was founded in 1865 and raised its 1st funding round 146 years after it was founded.

First Mid is headquartered in Mattoon, United States. It is registered at Mattoon, Illinois, United States.

Joseph Dively is the CEO of First Mid, as recorded in our data.

First Mid has 1,200 employees.

Annual revenue of First Mid is $465.5M as on Dec 31, 2025.

First Mid was established in 1865 as a commercial bank headquartered in Mattoon, United States. Operations are centered on traditional banking activities, including loans, deposits, and financial services for commercial and personal clients. The institution is led by Chairman and CEO Joseph Dively. Services are extended across regional branches in the Midwest, supporting local economic needs without emphasis on specialized sectors.

First Mid's top competitors include Truist, Citi and Equity Bank.

First Mid offers Premier Checking, Business Savings, Mortgages, and Wealth Management.

Yes, First Mid is publicly traded on NASDAQ under the ticker symbol FMBH.

First Mid has made 5 acquisitions, including Blackhawk Bank, First Clover Leaf Bank, and MyProvidence.

First Mid operates through First Mid Bancshares, Inc..

The website of First Mid receives about 223 thousand visits a month and ranks #155,697 among all websites worldwide.

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